Having a Vacation Club Account allows you to have the cash, when you want it, to take the vacation of your dreams. Best of all, you're spending your own money which makes your vacation even better.
The payment method for this account differs from the Christmas club because members vacation throughout the year. The money deposited in this account is transferred to the primary share savings account at the beginning of April.
Withdrawals then can be made whenever the member needs the money. This account can also be handy for other purposes. Save for taxes, tuition, home improvements, or some other project.