Services: Special Purpose Clubs

Midcoast Federal Credit Union has a variety of special purpose clubs to meet your needs.

• Christmas club accounts allow you to save for holiday shopping. Christmas club checks are distributed in October, or may be transferred directly to your savings account.
• All-purpose clubs are used to set aside funds to pay bills or save for a rainy day.
• Vacation clubs provide a way to save in advance for your next vacation.
• Tax clubs cover those periodic expenses.
• Dividends Compounded: Monthly
• Dividends Credited: Monthly
• Dividend Period: Monthly
• Minimum Opening Balance: $1
• Minimum Required Balance: $1
• Balance Method: Daily Balance
• Minimum balance required to obtain the APY for the dividend period
• Account transfer limitations apply
• No service fees