Holiday Savings Club
Wrap up your holiday budget for 2020 now!
Join our Holiday Savings Club.
Benchmark checking and savings account holders can open a special Holiday Savings Club account and earn 1.50% APY*. It's quick, easy, and smart!
- Stop by your local branch and ask a customer service representative (CSR) to get you signed up.
- Choose the plan that's best for you—$10 weekly or $20 weekly.
- Set up an automatic transfer so that your weekly contribution is drafted from your Benchmark checking or savings account.
What a great way to save up for next year's holiday shopping!
The last day to sign up for the Holiday Savings Club account is Friday, January 24, 2020, so plan now to get it open. Next holiday season, you'll be glad you did!
For more details, ask a CSR or send us an e-mail.
*APY=Annual Percentage Yield. The minimum deposit to open the account is $10 or $20, depending on the plan you select. There are no maintenance fees. You may choose to make your contributions with a coupon book instead of with automatic transfers. No withdrawals are allowed. $10 plan has maximum deposit of $500; $20 plan has maximum deposit of $1,000.
Accounts may be opened beginning on Friday, October 11, 2019. The cutoff date for opening an account is Friday, January 24, 2020. The final date to make a payment on this account is Monday, September 21, 2020.
The fixed interest rate on the holiday savings club account is 1.50% with an annual percentage yield of 1.50%. Interest will be compounded and credited to your account at maturity. The balance of your account plus interest will be paid by automatic transfer on Wednesday, September 23, 2020.
If you close your account before interest is credited, you will not receive the accrued interest, and you will incur a $35 closing fee. In the event that your checking or savings account which is linked to this Holiday Savings Club is closed during the year, the Holiday Savings Club account may also be subject to closure.
Savings club plans for 2019-2020 are now closed. Plans for 2020-2021 will begin in October 2020.