A Christmas Club Account is a basic savings account used to accumulate savings for holiday expenses. Deposits can be made at branches and through Direct Deposit or mail. This account has a minimum balance of .01, which is required to keep the account active. Access to the money in the Christmas Club is limited. Yearly on November 1, or the next business day after the 1st if the 1st is not a business day, the funds in the Christmas club are automatically transferred to the member’s ESCU Primary Savings Account where they can be withdrawn without penalty. If funds need to be withdrawn from the Christmas Club before November 1, an early withdrawal fee is charged. Click here to see ESCU’s current dividend rates. Click here to see ESCU’s current fee schedule.