Holiday Helper
Plan ahead with an interest-bearing holiday savings account.
What is a Holiday Helper Account?
Also known as a Christmas Club Account, our Holiday Helper Account allows you to set aside individual contributions or make automatic monthly deposits throughout the year, earning interest on your balance.
You can open your account at any time—the earlier in the year, the better! In October, we’ll either cut you a check or deposit your funds directly into your Field & Main Checking or Savings Account—just in time for hassle-free holiday shopping.
What are the benefits of a Holiday Helper Account?
- No monthly service fee
- Low $5 initial deposit
- Earn interest on your balance, paid in full at maturity
- Easy transfers from your Field & Main Checking Account to grow your holiday savings faster
- Automatic deposit of balance plus interest into your Field & Main Checking or Savings Account in October
- Free online and mobile banking with mobile deposit for easy account management
- $10 fee for early withdrawal before October; account closes for the season
- Money saved for the holidays
- Automatic transfers from your checking account to keep your holiday savings plan on track
For more benefits and details about our Holiday Helper Account, check out our post, “Have Questions about Holiday Helpers?”
Open a Holiday Helper Account with Field & Main Bank
Looking to open a holiday savings account with great interest rates? Give us a call at (888) 831-1500, visit us in person or contact us online!
Explore Our Other Savings Account Options:
Simple Savings Account – A simple way to save with low fees and competitive interest.
Money Market Account – A high-yield account for the seasoned saver.
Certificate of Deposit – Earn more with this high-yield savings tool.
Savings Accounts FAQs
No matter what your goals are, saving should be simple. Below are some answers to the most common questions we receive about savings accounts.
Do savings accounts cost money, or, are there fees?
To avoid any fees, you simply need to keep a balance of at least $100 in your account and be sure to not make withdrawals more than six times per month. A maintenance fee of $1.00 will be imposed every month if the balance on the account falls below the $100.00 minimum. Savings accounts must have fewer than 6 withdrawals or transfers a month. An excess withdrawal fee of $2.00 will be charged for each withdrawal in excess of 6 per month.
Do savings accounts offer check writing capabilities?
Our Money Market accounts offer check writing capabilities, but our Simple Savings and Holiday Helper do not.
Do you offer a savings account for kids, or a young savers account?
While we don’t have a specific young savers account, our Simple Savings Account is a great option for kids who are savvy savers! You can open an account with just $25. After the first month, a $100 minimum balance is required. If the balance falls below $100, a $1.00 maintenance fee will be charged each month.
How many withdrawals are allowed per month?
You are allowed 6 withdrawals per month from your savings account. After 6 withdrawals, there is a $2 fee per withdrawal. The 6-withdrawal limit would include any automatic payments that are set up, debit card transactions, and automatic funds transfers or sweeps into another account.
Will the interest rate change on my savings account? What is the rate?
Our savings account interest rates are subject to change at any time. For the most up-to-date rates, please contact one of our Relationship Bankers directly.
How is interest paid?
Interest will be compounded monthly and credited to your account monthly.
Can I get a debit card with a savings account?
You can link a debit card to your Simple Savings or Money Market accounts, which allows you to withdraw funds from an ATM. Keep in mind that each time you use your debit card, it counts towards the six-withdrawal limit for both savings and Money Market accounts.
Can I set this account up to cover my checking account in case of an overdraft?
Yes, there is a simple agreement we will need you to sign to get this set up. Keep in mind however, that any time you use your debit card it counts toward the 6-withdrawal limit for savings and Money Market accounts.
Start Saving Simply
Field & Main Bank® was designed to feel different. Because of that, setting up your savings account is effortless and streamlined. So give us a call at 1-888-831-1500, visit us in person or contact us online!
