Club Accounts
Need to set aside money for a specific reason? A club account helps keep your designated money separate from your other savings.
Open your account whenever you want. Add money by depositing directly or deducting it from your paycheck.
Our club accounts make it easy to save for any goal in Birmingham, Alabama. Simply set it up and watch your savings grow!
Benefits of Opening a Club Account:
Save with Purpose
Club Accounts guide members to save for specific goals, simplifying financial planning.
No Monthly Fees
Enjoy the benefits of a dedicated savings account without worrying about monthly maintenance costs.
Dividend Earning
Watch your savings grow and reach your goals faster while earning interest (dividends).
Easy Access
Enjoy easy online access to your account, offering control over your savings whenever you need it.
Additional Club Account Details
Our Club Savings Accounts come with the same benefits as our traditional savings accounts, including payroll deduction.
You won’t need to keep a minimum account balance, and you can immediately access your funds.
We also offer a Christmas Club Savings Account that allows you to save throughout the year for the holiday shopping season.
- Tailored for a variety of saving goals.
- In November, we automatically transfer Christmas Club funds into your savings account.
- Early withdrawal from the Christmas Club Savings Account incurs a $10 penalty, promoting disciplined savings.
- All accounts are federally insured, safeguarding your money.
- Open with a zero balance – no initial deposit required.
- Set up automatic transfers for a hands-off saving approach.
- Round-the-clock access via online and mobile banking.
Opening a Christmas Club Savings Account or regular Club Account at Legacy Credit Union helps you save money methodically for a special event.
Legacy Credit Union Club Account Rates
Discover how your savings can grow faster! Check out our competitive Club Account rates.
| Type | Term/Amount | APY |
|---|---|---|
| Club Accounts | All Balances | 0.10% |
It’s Easy as 1-2-3 to Open a Club Account at Legacy Credit Union
Apply Online
Embark on your savings journey today! Click below to start the application process.
Enter Your Details
Gather your personal and financial details. You’ll enter this info into the secure online portal.
Start Saving!
Once opened, you can deposit money into your new Club Account and watch your savings grow!
★★★★★
“I started banking with Legacy Credit Union when it was the University Credit Union. I have never had any issues with this bank and the staff is always nice and always willing to help. I’ve gotten car loans, checking, savings accounts and also the Christmas Club.”
– Jan A., Adamsville, Alabama
FAQs About Our Club Accounts
You can immediately start using your Club Account after you’ve made the initial deposit.
Absolutely! You can open multiple Club Accounts for different saving purposes.
Typically, our Club Accounts don’t require a minimum balance. However, it’s always a good idea to check the specific terms of your account. You can contact us or stop by one of our many branches in the Birmingham, Alabama, area.
Yes, you can set up automatic transfers. It’s an excellent way to contribute to your savings consistently.
If you withdraw funds early from the Christmas Club Account, a $10 penalty will apply per transaction. This policy encourages saving for the holiday spending season.
Rest assured, all of our Club Accounts are federally insured by the National Credit Union Administration, which means your savings are well-protected.
Take Your Next Steps With Legacy Credit Union Today:
More Savings Options
Savings Share Accounts
The Share Savings Account is your gateway to membership, offering competitive dividends and robust security.
Incentive Savings
Get rewarded for saving! As your balance increases, so do your interest rates, amplifying your financial growth.
Investment Accounts
Put your money to work with our investment accounts, designed to cater to your unique financial goals over time.