Holiday and Vacation Clubs

Make That Holiday or Vacation Extra Special Through Club Saving

There are plenty of moments throughout the year that can seem financially overwhelming.

  • The holiday season is a time of giving, but it can also cause financial strain.
  • Then there's that memorable summer vacation to the beach that you may also be trying to catch up on.

If this sounds familiar, there are steps you can take to save in advance. United Teletech Financial's Holiday & Vacation Club savings accounts can help.

Why Choose a Holiday or Vacation Club Savings Account?

Savings accounts are great for their flexibility. Through many accounts, you can save and have access to your cash at any time. Unfortunately, this makes it easy to dig into your savings more often, which can quickly drain what you save for the holidays or that upcoming vacation.

A holiday or vacation club account* is different. You won't have everyday access to the cash you're saving. A club account is a forced savings account with automatic contributions. This helps you focus on your goal. Although withdrawals are not allowed, you do have access to your funds in the event of an emergency. Forced savings helps you truly save for those special moments.

How Does It Work?

At UTF, our Holiday & Vacation Club accounts can be opened with a minimum of just $5.00. Every contribution thereafter will be made automatically. You can choose how much you wish to have withdrawn from your checking account each week. And in one year, you'll collect your savings.

Gain Peace of Mind Through Saving

You shouldn't have to go into debt just to pay for a vacation or buy gifts for your family during the holidays. Avoid the stress of paying for these moments by saving. Contributing just $10 a week gives you $520 at the end of the year. Plus, you'll gain the peace of mind that comes from saving.

When Will You Be Able to Access Your Money?

Holiday Club funds are automatically transferred to your main savings account the first week of October. Vacation Club funds are transferred to your savings account the first week of April.

See Rates

Savings Tricks

Some UTF customers take the pocket change they collect each month and deposit it into their club account. It's also easy to move a set amount to the account straight from your paycheck. For example, just $50 per paycheck will add up over time.

Want to boost your club savings quickly? Try depositing a set amount of extra cash weekly. For example, set a goal of depositing $20 a week.

The Benefits of Saving With United Teletech Financial

As a not-for-profit financial institution, all the money we make goes right back to the credit union. This means United Teletech Financial members receive some of the best interest rates in the market, even on club accounts. Other benefits include:

  • Access to financial counselors: As a member, you'll have access to Certified Financial Counselors who can help you save for your future financial goals. From purchasing a new home to saving a nest egg, our counselors are here to advise.
  • Convenient banking locations: We offer four convenient banking locations throughout Monmouth County. It's also easy to bank from the comfort of your home with our mobile banking services.

Learn More About Our Holiday & Vacation Club Accounts Today

Saving for that special holiday or vacation shouldn't be overwhelming. With our club accounts, it's easy to save as much or as little as you need. To learn more about these accounts or to open your account today, give United Teletech Financial a call at 732-530-8100.

*Fees may reduce earnings