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Silex Banking Company

Savings Accounts

Christmas Club Account

This account is designed to help customers plan for holiday spending.

  • A minimum balance required to open account is $5.00.
  • Payments can be automatically debited from checking account.
  • Interest will be compounded and credited annually.
  • No early withdrawal allowed.
  • Check issued in October for deposits plus earned interest.
Account Interest Rate Annual Percentage Yield
Christmas Club .25% .25%
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