Holiday Club Savings
Get help reaching your financial goals in a few easy steps: open a Holiday Club Savings account, set up automatic payments, and get a check mailed to you in the third week of October with the balance of your savings. It’s a simple way to stay on track, even when saving isn’t top of mind.
Key features and benefits of Holiday Club Savings:
- No monthly service charge
- Reactivate your club account each year by making a deposit within ninety-five days following the annual distribution date
- Easy to balance, convenient quarterly statements
- Convenient Online Banking and Mobile Banking1
- Greater peace of mind with FDIC Insurance
- Minimum opening balance of just $5
- 0.02% Annual Percentage Yield (APY)
Mobile Banking: You must be enrolled in Webster Online Services to use Webster Mobile Banking. Message and data rates may apply. Check with your mobile services provider for any charges that may apply for data usage on your mobile device.
Mobile App: Our app supports Android 2.2+ and iPhone/iPad iOS 4.3.5+. Apple, the Apple logo, iPhone and Apple Watch are trademarks of Apple Inc., registered in the U.S. and other countries. Apple Pay and Touch ID are trademarks of Apple Inc. Android is a trademark of Google Inc.
Federal regulations limit the number of transfers and electronic payments from a savings account to a maximum of six (6) per calendar month from the following categories: preauthorized transfers, including overdraft protection; telephone transfers; and electronic transactions, including WebsterOnline transactions, Checks, Check Card payments to third parties, Automated Clearing House (ACH) transactions and wire transfers. A per item fee will be deducted from your account if you exceed this limit.
The Annual Percentage Yield (APY) is accurate as of 07/14/2017 and may change at any time without prior notice, before or after the account is opened. Fees could reduce earnings.