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Christmas Club
  • Minimum deposit of $10.00 required at opening.
  • Interest is compounded quarterly and credited to the account on the last day of the quarter.
  • The Club Year will begin November 1 and will end with the annual maturity distribution of the account no later than October 31 of each calendar year.
  • This account will not automatically renew at maturity; the account balance will be distributed in full at the close of the club year, and the account will remain open for 60 days to allow account holders to deposit in the same account the following year.
  • After January 1, new accounts will be issued for all Club accounts opened.
  • Interest begins to accrue on the business day you deposit any non-cash item and accumulates on the account's daily balance.
  • Interest rates may change at the discretion of Chester National Bank.
    Click here for current interest rates on savings accounts and certificates.
    Click here for more information on this account.
  • Withdrawal from this account is not permitted.

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