Christmas/Vacation Club Accounts


The Christmas Club Account may be the perfect way for a Member to save for his/her holiday expenses. And an OFCU Vacation Club Account lets Members save for that dream vacation. Through payroll deduction, the Member can save systematically and painlessly. The Christmas Club matures on October 31, and funds are then transferred on the first business day in November to your Savings Account. The Vacation Club Account matures on April 30 and the funds are transferred to your Savings Account on the first business day in May.

  • No minimum balance is required to open and maintain the Christmas or Vacation Club Account.
  • No monthly service fee is charged.
  • Deposits by allotment are preferred and are an effortless, systematic way to save. However, over the counter deposits will be accepted.
  • A loss of all interest will be assessed for any early withdrawals prior to the maturity date of each year.
  • Dividends are paid on October 31 of each year on the Christmas Club Account, and the money will be transferred to your Savings Account on the first business day in November of each year.
  • Dividends are paid on April 30 of each year on the Vacation Club Account, and the money will be transferred to the your Savings Account on the first business day in May of each year.
If funds are withdrawn from these accounts other than at the payout date, all dividends will be forfeited. The entire balance in the account must be withdrawn. Additional Terms: These accounts cannot be tied into the Omaha Federal Credit Union Checking Account or used for overdraft protection. The terms and conditions of these accounts may be changed by the Credit Union upon 15 days written notice.

How to Become a Member and Open Your Christmas or Vacation Club Account - It's Quick and It's Easy

  1. Fill Out Our On-Line Member Application
  2. Come By One of Our Convenient Offices and Sign the Signature Card
  3. Make Your Initial Deposit of $5 To Open Your Regular Savings Account.
You're Out The Door In 5 Minutes!



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