Clarion County COMMUNITY BANK
Christmas Club Direct Debit
- This is an interest-bearing account
- Interest will not be compounded on this account
- Interest will be credited to the account at maturity
- If the account is closed before interest is credited, you will not receive the accrued interest
- At maturity the funds in the account will be credited to another account
- The average daily balance method is used to calculate interest for the account, which applies a periodic rate to the average daily balance in the account for the period
- Requires a $5.00 minimum deposit to open this account
- Payments made by direct deposit from another deposit account or by some other form of automated deposit on a predetermined frequency
- You may not make withdrawals from your account until the maturity date
