Christmas Club Savings Accounts

Our Gift to You

Nothing makes shopping season merrier than our Christmas Club Savings Account.

With these savings accounts, you can earn dividends (interest) at a rate similar to our Primary Savings Account — sometimes even with a slightly higher Annual Percentage Yield (APY).

Christmas Club Account Features

• Minimum amount to open: $1.00
• Fees: none
• Dividends are not compounded, but are paid out annually
• Deposits of any amount can be made during the months of November through the following October

The balance in your Christmas Club account will be automatically transferred into your Ripco checking account (or into your Ripco savings account if you don’t have a Ripco checking account) at the end of October. Your Christmas Club funds will be available for your use on November 1st!