Club Accounts

Holiday Club Account

A Holiday Club Account with Georgia Power Federal Credit Union helps you save extra money during the year for your shopping pleasure! For your convenience, we can automatically transfer any authorized amount from your savings or checking account or set up payroll deduction into your Holiday Club Account. Holiday Club Accounts earn monthly dividends with balances of $50 or more. Accounts are paid out each year in November by an automatic transfer to your Regular Share Account.

Compare the difference between saving money for the holidays and borrowing it. Using the same monthly amount, compare how your money can go farther in a club account versus a short term loan.

Saving VS Borrowing Comparison
Loan Scenario Saving Scenario
Borrow: $1,000 Save: $88.00 a month for one year
Interest Rate: 12%  
Term: 12 months  
Monthly Payments: $88.85  
Pay back loan of $1,000 PLUS $66.20 in interest. For a total pay back of $1,066.20 You have saved $1,056.00 PLUS a small dividend and have increased your shopping potential by $56.00
*Information is for illustration purposes only. Rates and loan amount based on creditworthiness.

Vacation/Travel Club Account

Treat yourself to that well deserved vacation. Open a Vacation Club Account and let us automatically transfer a predetermined amount from your checking or savings account or set up payroll deduction into your Vacation Club Account. In a few months, you'll be able to treat yourself to a mid-year retreat! Vacation Club Accounts earn monthly dividends with balances of $50 or more. One withdrawal is allowed per quarter with no fee.

Call one of our Financial Services Representatives to set up your Club Account today! 1-800-360-6362