Christmas Club Account

Save a little each week and make the holidays easier!

Our Christmas Club helps you set money aside year-round. Open with just $5 and, in September 2027, receive a holiday check with everything you saved plus 0.50% APY¹.

Stop by your nearest CVNB branch to open your Christmas Club Account and start your holiday savings today.

Why customers like the Christmas Club

✓ A simple, stress-free way to save for the holidays
✓ Enroll any time of year with a $5 minimum deposit²
✓ Free online and mobile banking
✓ Interest-bearing with no monthly service fees
✓ Choose a booklet for $5, $10, or $20 weekly deposits or set up direct deposit from your employer or any CVNB account (any amount). You can make deposits through online banking and the mobile app .
✓ Your 50-week plan concludes in September 2027. You'll receive your holiday check for everything you saved, plus accrued interest.

How to enroll

Visit any CVNB branch beginning on Friday, October 16, 2026, to open your account.
Select a booklet for your weekly deposit:
$5, $10, or $20.
Or schedule direct deposits from your employer or a CVNB checking/savings account for any amount.
You can start anytime. If you join later, your payout will be smaller unless you choose to make up missed weeks to receive the full 50-week payout.

Early Closeout Penalty

$10.00 fee is charged for each account withdrawal (including early close-out).

At the end of 50 weeks, you'll receive a check for:

$5 booklet	$10 booklet	$20 booklet
$250 + interest	$500 + interest	$1,000 + interest

Payout occurs in September 2027 and includes accrued interest added at disbursement.

Ready to start?

Open your Christmas Club Account at a CVNB branch near you.

FIND A LOCATION

¹ APY = Annual Percentage Yield. Interest rate is 0.50%, APY* 0.50%. The effective date of the APY is October 16, 2026. The minimum balance to open the account is $5.00. Fees could reduce earnings. A service charge of $10.00 will be charged each time funds are withdrawn prior to maturity of the club account.

² Enrollment begins October 16, 2026. If the account is opened after the enrollment date, the payout balance will be smaller due to the weeks missed, or pay the balance of the weeks missed to receive the full 50 weeks payout.