The perfect way to be ready for special occasions.
A savings account is a safe place to keep your money when you have no specific plans for that money. But when you do want to save for a holiday, special occasion or a big-ticket purchase, a targeted plan is the way to go. With a Mills42 Share Club account, you'll be able to put money away a little at a time over a specific period in order to reach that savings goal without burdening your budget.
That’s why we have our Vacation, Christmas and All-Purpose Share Club accounts*. The Christmas account starts the first day of October of any given year and matures at the end of September the following year. When your money is released back to you, you still have plenty of time to prepare for the December holiday season.
Our Vacation and All-Purpose Share Clubs are perfect when you know you've got a dream vacation coming up or maybe a special occasion like a wedding, your significant other's birthday, prom or any other event that requires some financial planning.
No matter which club account you choose, you’ll earn the same interest rate as you would normally receive with our Share Savings account once you reach the $500 minimum balance requirement.
Apply online, give us a call or come in and talk with us about our Share Club Savings accounts and what you’d like to achieve. We’ll map out when you should get started and what your monthly deposit schedule should be to meet your goals.
Not a member yet? We’ll take care of that for you as you’re opening your account or taking out a loan. If you want to get a jump-start, enroll online or just give us a call at 978.328.5100. We’ll be happy to help you build from here.
*Annual Percentage Yield listed applies to balance required for that account type. The yields quoted above are accurate as of the date indicated and are subject to change without notice. Dividends are compounded and credited monthly based on the average daily balance in the account. If average daily balance falls below the minimum for that dividend period, APY for that dividend period will be 0.00%. All other terms are subject to change without notice. Member eligibility is required.