Bank of Lexington

Christmas Club

Finally, the perfect account to help Santa with all of his shopping. Our Christmas Club account helps save money throughout the year, so you can really enjoy the holidays.

ACCOUNT DETAILS:

  • $100.00 minimum to open.
  • No monthly service charge.
  • Interest credited to account quarterly.
  • Between Sept. 28 and Oct. 15, you will receive a check for the account balance plus accrued interest.
  • Bank of Lexington checking account required.

Rate Information: The interest rate listed in each tier will be paid on the entire balance in your account. Current rates effective as of 3/27/2024.

TierDaily Balance RangeInterest RateAnnual Percentage Yield (APY)
1Below $10,000.003.922%4.00%
2Equal to or greater than $10,000.000.300%0.30%

Rates subject to change at any time after account opening

ADDITIONAL ACCOUNT INFORMATION:

  • Account must receive one Automated Clearing House (ACH) or Automatic Funds Transfer (AFT) per month.
  • If deposits are made by AFT, transfers will continue to be made until cancelled by you.
  • Accounts are limited to one per tax identification number.
  • Fees may reduce earnings.
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