Carter Bank & Trust’s Year-Round Christmas Club Is A New Year’s Resolution You Can Actually Keep!

Finances can be challenging around the holiday season and many families depend on credit cards to make holiday purchases. While a credit card is helpful in the moment, the high-interest rates and payments you’ll be paying into next year are less than ideal. From buying gifts to food for your holiday party, travel, and more, the Year-Round Christmas Club at Carter Bank & Trust can help you with the holiday expenses without the high-interest rates.


Benefits of the Year-Round Christmas Club

When you become part of the Year-Round Christmas Club, you aren’t getting a credit card or a loan. You’re getting a unique savings account with the flexibility to save up the amount you need for holiday expenses up to $5000.* Additional benefits include:

  • Competitive Interest Rate
  • Just $10 minimum to open
  • Interest begins to accrue on the first business day after initial deposit
  • Interest is compounded daily and credited quarterly**
  • Club payout each year on October 20th

Once you’ve become a member of the club, monthly automatic drafts from your Carter Bank checking account will be made available and disbursements will be credited to an account of your choice.


Join the Year-Round Christmas Club at Carter Bank & Trust Today

Saving for the holidays shouldn’t offset your spending for the upcoming year. With the Year-Round Christmas Club, you’ll be able to save money for the holidays all year long so you can make those holiday purchases without using a credit card. Ditch the credit cards this holiday season and contact us  (833.ASK.CBAT or 833.275.2228) or visit a Carter Bank & Trust branch near you.

Click here to view current rates.

Open an Account Today!

Apply Now Schedule an Appointment

To meet with a branch banking representative.

*Maximum deposit is $5,000 per customer.

**The daily balance method is used to calculate the account interest. This method applies a daily periodic rate to the principal ledger balance in the account each day. Unlimited deposits up to the $5,000 maximum deposit limit.  No withdrawals without closing the account.  If account is closed before interest is credited interest will be forfeited.   $15.00 early closeout fee if account is closed within 90 days of account opening. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate daily. Fees may reduce earnings.