Club Savings Account
Start saving for the holiday season, your next vacation or another anticipated expense with one of Mid Penn Bank’s club accounts.
What Are Club Savings Accounts?
A Club Savings account is a type of savings account in which you routinely deposit funds throughout the year. Many banks give you the option to automatically deduct deposits from your paycheck so that funds go directly into your savings.
A Club Savings account may be useful for many purposes, but most of our clients open Club Savings accounts to save for holiday expenses and summer vacation funds. Mid Penn Bank offers two types of Club Savings accounts to help you save for whatever you look forward to throughout the year.
Saving with Club Accounts
Open a Club account so you can save steadily to meet your goal. Based on your needs, you may choose a coupon book or automatic deduction from a Mid Penn Bank checking or savings account.
- Club Savings Account: Payout in October
- Vacation Club Account: Payout in March
Our Club Savings and Vacation Club accounts offer the following features:
- Interest bearing
- No monthly service fees
- No minimum balance required
- Free online banking1
- Direct deposit of club payout to a Mid Penn Bank checking or savings account is available
- Auto renews annually
- Coupon book or automatic deduction from a Mid Penn Bank checking or savings account
View our featured rates for Club Savings accounts.
1 – Internet and carrier fees may apply.
Start Saving With Mid Penn Bank Today
Since 1868, Mid Penn Bank has been a community-focused bank in central Pennsylvania. We’re dedicated to helping our neighbors save money and find customized financial solutions for all of their needs.
Let Mid Penn Bank help you meet your financial goals throughout the year. To learn more about our Club Savings accounts, reach out to us today. If you’re not a member yet, you can open an account with us online or visit your nearest branch to speak with a representative one on one.
To open a Club Savings or Vacation Club account, stop by a Mid Penn Bank branch near you.