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Stop putting the holidays on a credit card. Start here.
The holidays arrive on the same date every year but the expenses rarely feel that way. The holiday helper savings account breaks that cycle. Set aside a consistent amount each month and your full balance transfers automatically to your checking account on November 15, ready to use when you need it. No credit card hangover in January. Just a simple account that keeps your holiday budget on track.
Here is how the Holiday Helper account works.
Open in minutes through Online Banking, set your contribution amount and let it grow. Here is what to expect from start to payout.
Open and set up in minutes.
Opening a holiday helper account takes just a few minutes through Online Banking. Once open, set up automatic transfers or payroll deduction so saving happens without having to think about it.
Your balance earns dividends all year.
Your savings earn dividends throughout the year. On November 15, the full balance transfers automatically to your Firefighters First checking or share account.
No minimums. Unlimited deposits.
There are no minimum deposit or balance requirements to open or maintain the account. Deposits are unlimited and you can contribute as much or as little as you want.
One important thing to know.
The holiday helper account does not allow partial withdrawals before November 15. If you need early access, the account closes and the full balance is deposited to your designated account. You may reopen after November 15.
What to know before you open a Holiday Helper account.
The Holiday Helper Account is not just for gifts. Use it for travel, tax payments, family gatherings or any large annual expense that tends to arrive all at once. No restrictions on how you spend it once funds transfer on November 15.
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Open the account any time during the year. -
Funds disburse automatically on November 15.
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No partial withdrawals before November 15.
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Early withdrawal closes the account automatically.
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Renews automatically after each disbursement.
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No minimum balance and unlimited deposits.
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No fees or penalties.
Everything you need to know about Holiday Helper.
What is the Holiday Helper savings account?
The Holiday Helper Savings Account is a dedicated savings account designed to help you build your holiday budget throughout the year. Your balance is held separately from your regular savings and transfers automatically to your checking or share account on or about November 15 each year.
When does my balance transfer?
Your full balance transfers automatically to your designated Firefighters First checking or share account on or about November 15 each year.
Can I use the funds for things other than holiday gifts?
Yes. There are no restrictions on how you use the funds once they are disbursed. Members use the account for gifts, holiday travel, year-end tax payments, family gatherings and a wide range of annual expenses.
Is there a minimum balance required?
No. There is no minimum deposit or balance requirement to open or maintain the account.
How do I contribute to the account?
You can fund the account through automatic transfers from your Firefighters First checking or savings account or through payroll deduction. You can also make deposits manually at any time.
Can I withdraw funds before November 15?
Partial withdrawals are not allowed. If you need access to your funds before November 15, the account will be closed and your full balance will be deposited to your designated account. You may reopen the account after November 15.
What happens after November 15?
The account renews automatically, so you are set up to begin saving for the following year without having to reopen the account.
* Certain restrictions, limitations, and exclusions apply. See terms and conditions for details.
There are no minimum deposit or balance requirements for our Holiday Helper Account. Transaction limitations: Your Holiday Helper Account may be opened at any time. Funds will be disbursed and transferred to the account you specify on or about November 15. The account will be automatically renewed following the date the funds are disbursed to you. No withdrawals may be made prior to November 15.
To take advantage of this high-yield savings account, partial withdrawals are not allowed. A withdrawal will result in account closure with the balance deposited to your designated account. You may reopen the account after November 15.