Our Christmas Club Savers are some of the happiest customers we have at Bank of Zumbrota. Why? Because they have their Christmas expenses paid for before they even start shopping. Christmas Club Savings is a safe and easy way to save now for all those Christmas purchases at the end of the year. Just think, no more credit card bills in January and February. Instead of paying finance charges on your credit card balances, you can start earning interest now on your Christmas Club Savings.

How it works.

Here's how it works. You can deposit money into your Christmas Club as often as you like. Some customers find that a transfer from their Bank of Zumbrota Checking account on payday works just great! On October 20th, we calculate the interest you have earned, add it to your balance and mail you a check for the entire amount. Now you can shop!

Account Features:
	No Minimum Opening Balance
	No Monthly Service Charge
	Interest is Compounded at maturity
	Make deposits as often as you like up to $250.00 per month
	Maximum balance $3,000.00
	Free 24-Hour TeleBanking
	Free Automatic Deposit from your payroll
	Free Automatic Deposit from any of your other Bank of Zumbrota Deposit Accounts
	Free Online Banking
	FDIC Insured

Early Withdrawal Penalty:
There is a $5.00 fee for withdrawal prior to October 20th. The entire balance must be withdrawn, accrued interest will be forfeited, and no more deposits will be allowed until the account automatically renews on October 20th.