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Diamond Bank
Diamond Bank
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Christmas Club Savings

Earn a high interest rate with our Christmas Club account!

  • $10 minimum opening deposit
  • No Monthly Service Fee
  • Earn 4.07% APY on balances up to $3,000.00*
    • .15% APY on balances $3,000.01 & higher
    • Interest will be credited quarterly
  • Account Funds will be disbursed annually, by check, on the first Wednesday in November.
    • After checks are disbursed, customers will have until December 31st to make a deposit to keep the account open.
  • $5 withdrawal fee
    • After three (3) withdrawals, the account will be closed
 
NOTES
(APY) Annual Percentage Yield
* APY accurate as of 1/16/25. Balances up to $3,000 receive a rate of 4.00% with an Annual Percentage Yield of 4.07%. Balances over $3,000 will receive a rate of .15% resulting in an APY of 4.07% to 2.51% depending on the balance. Only one (1) Christmas Club account allowed per household or family. Interest will be credited into the account quarterly. If account is closed before the interest is credited, you will not receive the accrued interest. Transfers or withdrawals from a Christmas Club to another account or third parties by preauthorized, automatic or telephone will be subject to a withdrawal fee.