Several community and regional banks, credit unions, and even some retailers still offer Christmas Club savings accounts, but the big national banks mostly do not.

What a Christmas Club Account Is

A Christmas Club is a special savings account where you deposit small amounts through the year and get the money back in a lump sum—usually in October or early November—to use for holiday expenses.

These accounts often have rules like no (or limited) early withdrawals and automatic transfers from checking to keep you on track.

Examples of Banks Offering Christmas Club Accounts

Here are some real-world examples of institutions that (as of recent information) advertise Christmas Club or Christmas Club–style accounts:

  • Fidelity Bank & Trust – Offers a Christmas Club with interest (e.g., a listed APY for the 2024–2025 season), annual payout in the fall, and restrictions on early withdrawals.
  • Luana Savings Bank – Has a Christmas Club Savings Account where you make deposits all year, with funds paid out in October and a stated APY and early-closure fee.
  • PCB (a community bank) – Promotes a Christmas Club account focused on small, regular contributions, automatic transfers, and funds being deposited into your account in late October.
  • First Northern Bank & Trust – Offers Christmas Club and “All Purpose Club” accounts funded via automatic weekly deductions in set amounts from a checking or savings account.
  • BankPlus – Provides a Christmas Club Savings account with a low minimum opening deposit (around $5) and a published variable APY, designed to keep holiday money separate.
  • Wessex Community Bank (UK) – Has a “Christmas club” savings product targeted at budgeting for Christmas, reflecting that similar club-style accounts exist outside the U.S. as well.

Because these are typically smaller or regional institutions, availability will depend heavily on your location.

How to Find a Christmas Club Near You

To locate a current Christmas Club account you can actually open:

  • Search for “Christmas Club account” plus your city, state, or region to see which local banks or credit unions still offer them. Many credit unions market them seasonally.
  • Check community banks’ “club accounts” or “special savings” pages; some call them Holiday Club or All-Purpose Club but use the same structure as a Christmas Club.
  • If nothing local appears, you can mimic a Christmas Club by opening a separate high-yield savings account at an online bank and labeling it “Holiday Fund,” then automating transfers into it.

Tips Before You Sign Up

When you find a bank that offers a Christmas Club, review:

  • Early withdrawal rules and penalties (some accounts do not allow withdrawals until the club year ends, or charge a fee if you close early).
  • Maximum annual deposit or balance limits, which can cap how much you save in the account.
  • How and when funds are paid out (check, direct deposit, prepaid card, and whether payout is in October or November).
  • The APY and fees, and compare them with a standard savings or high-yield online account so you know whether you are trading some interest for the built-in discipline.

Information gathered from public forums or data available on the internet and portrayed here.