Club
Accounts
MPO Federal Credit Union helps make saving for special events easy! Use one
of our designated accounts or
create one of your very own!
Club Types
Interest Rates
Click here to see our Share/Club Rates:
Opening a Christmas club allows you the opportunity to separate your savings
deposits to save for a specific
occasion. Christmas clubs begin accruing the first pay cycle of October. You may
designate how much or how
little you'd like to save. Then, the first week of the following October, your
Christmas club will be disbursed.
If you only have a savings account in conjunction with your Christmas club, we
will print and mail your disbursement.
If you have a share/draft account with MPO, your club will be transferred to
your share/draft account. Of course, you
may change your disbursement method by simply contacting the credit union and
letting us know.
You may begin or end your Christmas club at any time. No catch-up
payments required - no termination
fees apply.*
The vacation club was designed specifically for those individuals that work
in the school systems. You may designate
a portion of your direct deposit to be put into a Vacation club. Then - when
June rolls around - the Vacation Club will
be disbursed to you. It's a convenient way to save for that specific need. And -
unlike other Summer Savings programs -
the funds are available in emergency AND you'll be earning dividends.
While this type of club account was designed for a specific group, MPO's
Vacation Club is open to all members of MPO Federal Credit Union. Funds are
available any time you need them.
*Early withdrawal fee applies.
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