You’ve opened all your gifts, wrapping paper covers the floor, and you realize “I need to pay for all of this.” The holidays suddenly feel a lot less jolly.

At Farmers & Merchants Bank we offer an easy and effortless solution to preparing for the holidays and the costs that come with them—a Christmas Club Savings Account.  A Christmas Club is a short-term savings account that encourages customers to set aside money for the holidays. There is no minimum balance, no penalties and it earns interest.  To ensure you properly save, set a direct deposit from every payday to your Christmas Club.  For example, if you set aside $50 from every paycheck (at 26 paydays) for 1 year, you’ll have $1,300 for Christmas.    

Opening a Christmas Club Account helps consumers prepare for the holidays and manage their finances better than they otherwise might.  Accounts are set-up to direct deposit Christmas Club funds into an account of your choice every October.

Ready for a “set-it-and forget-it account”?  Open a Christmas Club with us today.