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Honored Contributor
Posts: 25,929
Registered: ‎03-09-2010

Does anyone still have a Christmas club ?

My DH says they don't exist anymore and have gone the way of the dinosaur. He also said that employers no longer have credit unions.

Esteemed Contributor
Posts: 7,829
Registered: ‎03-18-2010

Re: Does anyone still have a Christmas club ?

No I don't have a Christmas club per say but I do have a CC with one of my banks that puts $5 into an account for every $40 I have spent on that card. I had almost forgot about it and it almost at $1000 so I will use some of that for last minute stuff because I am 80% done.

Those who make peaceful revolution impossible will make violent revolution inevitable.
JFK
Super Contributor
Posts: 2,234
Registered: ‎03-11-2010

Re: Does anyone still have a Christmas club ?

We still have a credit union. A federal military installation is nearby. So yep, we still have one.

And yep they still have Christmas Accounts. I never did it . . . but last year I did . . . I'd put 100.00 a month in it . . . and then the BIG bill in December didn't seem so bad. Doing it again this year. We'll probably spend more . . . but it helps.

I really love our credit union and all my "you name it accounts". My husband doesn't like all my accounts . .. and I say . . . well I could be spending it which shuts him up pretty dang quick!!!

Esteemed Contributor
Posts: 7,097
Registered: ‎09-05-2014

Re: Does anyone still have a Christmas club ?

Christmas Club! I haven't heard that term in years. My mother used to do it, $5 or $10 dollars a week and she built up a tidy sum by December. I would be surprised if they still exist in that form.

Trusted Contributor
Posts: 3,697
Registered: ‎03-09-2010

Re: Does anyone still have a Christmas club ?

I belong to a Credit Union and they still have what they call Holiday Savings Accounts. As a child I had a Christmas Club account. I think I contributed 25 cents a week. It helped teach me about saving and spending.

It's always a victory for me when I remember why I entered a room.
Valued Contributor
Posts: 623
Registered: ‎04-27-2010

Re: Does anyone still have a Christmas club ?

My bank has not had this in many years, I really liked saving for the holiday spending. I still save, do it on my own terms. Always thankful when the shopping rolls around.$$$$$$$$
Respected Contributor
Posts: 4,341
Registered: ‎04-19-2010

Re: Does anyone still have a Christmas club ?

I put cash away all year long into a drawer. This year I have almost $600 cash for Christmas shopping. $20 here, $20 there adds up.


-- pro-aging --


Rochester, New York
Honored Contributor
Posts: 11,126
Registered: ‎06-20-2010

Re: Does anyone still have a Christmas club ?

My husband has direct deposit at a credit Union. My accounts are at the bank. I know of people that have Christmas Club accounts. I set aside money on my own. I always liked that idea of a Christmas Club account
Esteemed Contributor
Posts: 5,533
Registered: ‎03-09-2010

Re: Does anyone still have a Christmas club ?

Dow Chemical here in MI still has a huge employee credit union.

Respected Contributor
Posts: 3,358
Registered: ‎02-21-2014

Re: Does anyone still have a Christmas club ?

I've never heard of a Christmas Club but Credit Unions at companies are very popular. Sometimes they offer better things than big banks.Smiley Happy


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