Holiday Club Account in Modesto, CA
The holidays have a way of sneaking up on your budget every single year. Between gifts, travel, and gatherings, the expenses add up fast, and paying for it all at once in November and December can strain even a well-planned budget. Modesto's First FCU's Holiday Club Account solves that problem the way generations of savers have: a little at a time, all year long.
As Modesto's hometown credit union since 1940, we built the Holiday Club Account to help our members enjoy the season without the financial stress that so often comes with it.
How the Holiday Club Account Works in Modesto, CA
The Holiday Club Account is designed to be simple and flexible. Here is how it works:
Choose Your Savings Method - You decide how funds get deposited into your Holiday Club Account. Set up Payroll Deduction so a set amount is saved automatically from every paycheck from your M1FCU Savings or Checking Account.
Save at Your Own Pace - There is no minimum required contribution amount. You control how much and how often you save, based on what fits your budget.
Earn Dividends Along the Way - Your Holiday Club Account earns dividends paid quarterly, based on your average daily balance, so your savings grow while you wait.
Get Your Funds on November 1 - Every year on November 1, your Holiday Club Account balance becomes available. You choose how you want to receive it: a mailed check or a transfer directly into your M1FCU Savings or Checking Account, ready for holiday shopping.
Start Again Automatically - Once your funds are disbursed, your Holiday Club Account automatically restarts for the following year, using the same method you originally chose. No need to reopen the account each year.
Why a Holiday Club Account Makes Sense for Modesto Families
Holiday Club Accounts have been a trusted savings tool for over a century, and the reason is simple: spreading holiday costs across the year is far less stressful than facing them all at once in December. Rather than reaching for a credit card in November, Modesto families who use a Holiday Club Account walk into the season with funds already set aside.
At Modesto's First FCU, we believe in helping our members plan ahead, not just react. The Holiday Club Account reflects that philosophy: a simple, low-effort way to build in a financial cushion before you need it.
Modesto's First FCU: Your Hometown Credit Union Since 1940
We live here, work here, and only operate here in Modesto. That is not just a slogan. M1FCU has been putting Modesto residents first since 1940, and after more than 85 years, that commitment has not changed.
As a not-for-profit, member-owned credit union, the dividends we pay on accounts like the Holiday Club Account are not decided by shareholders looking to maximize profit elsewhere. They come back to Modesto, to our members, and to the community we are part of, including our ongoing scholarship support for Modesto Junior College students.
Explore our full range of Savings Accounts and see what a truly local credit union can offer.
Who Can Open a Holiday Club Account at Modesto's First FCU?
Membership at Modesto's First FCU is open to anyone who lives, works, attends school, or worships within the Modesto, California city limits. Immediate family members of existing members are also eligible, and membership is for life regardless of changes in employment, family relationship, or residence.
Opening a Holiday Club Account starts with a Modesto's First FCU membership, activated with a minimum $5 deposit.
Open Your Holiday Club Account in Modesto, CA Today
The best time to start saving for the holidays is before they're here. Modesto's First FCU's Holiday Club Account makes it easy to set aside a little at a time, all year, so you can spend the season enjoying it instead of stressing about it.
Visit our branch at 430 12th Street, call us at (209) 521-2020, or explore our Club Accounts page to get started.
Not yet a member? Join Modesto's First FCU and open your Holiday Club Account today!