Holiday Club Savings Account
Does the holiday season stop you in your tracks? Next year, don't let holiday spending catch you by surprise.
A Perfect Gift to Give Yourself!
Make saving easy with a Holiday Club Savings Account. By opening this type of an account, you can prepare for the holiday season and manage your finances better. One easy way to get into the habit of saving is to set up direct deposit so that a portion of your paycheck is automatically deposited into your Holiday Club Account.
Open a New Account and Get Up to $25
Open a new account and TEG will match your first deposit up to $25. That’s more cash to save to help make the 2020 holiday season stress-free.
Not a member? Click here to get started. Already a member? Click here to contact the Solution Center to open your Holiday Club account.
*Limit one offer per person. New accounts only. Cash back will be deposited into member’s share account and is considered interest income and may be reported as such on IRS Form 1099-INT . Please note Holiday Club Payout occurs in October and is subject to a $5 fee for each early withdrawal. In addition, early withdrawal may result in a reversal of the matching initial deposit dividend credit.
Your Holiday Shopping Is In The Bag!
Reduce the stress of the holiday season by setting money aside ahead of time. Save weekly! Save monthly! It adds up quickly.
Your Deposits Are Safe
With TEG, your deposits are federally insured by the National Credit Union Administration (NCUA) Share Insurance Fund to at least $250,000 and backed by the full faith and credit of the United States Government. For information on how your accounts are insured by the NCUA.
You can use the NCUA’s Share Insurance Estimator tool to calculate the insurance coverage of individual accounts, joint accounts with no more than 10 owners, revocable trust account (i.e., ITF/POD and living trust accounts) with up to 3 owners and 20 beneficiaries, IRAs and business accounts.