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Home > Deposit Products > Savings Accounts > Christmas & Vacation Club

Christmas & Vacation Club

A special purpose account offered to help customers reach their Christmas and Vacation goals.

Features:

Deposits made at the teller window with a coupon
Incentive payment
Account paid out once a year by check

Benefits:

Convenience
Encourages savings

Opening Requirements:

Minimum $5 opening deposit or first payment amount depending on denomination ($5, $10, $20)

Who is Eligible:

Individuals

Inez Deposit Bank

Notice Of Changes In Temporary FDIC Insurance Coverage For Transaction Accounts

All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

NOTICE: Inez Deposit Bank is not responsible for and has no control over the subject matter, content, information, or graphics of the websites that have links here.