Club Account
A Reliance Bank Club Account can make saving up for a special occasion a whole lot easier. Open a Vacation or Holiday account and make deposits towards your goal any time you like. When the time comes, your Club Account can payout straight into another Reliance Bank account so you can start spending.
Club Account Benefits
FAQ
Yes, you’ll need a deposit of $2 to open a Reliance Bank Club Account.
No, our Club Accounts have no monthly fees. Disclosures
- Withdrawing your money early will result in a penalty.
- A Vacation account matures in the first weekend after April 3 each year; its term varies depending on when the account was opened.
- A Holiday account matures the first weekend after October 3 each year; its term varies depending on when the account was opened.
You’ll need to maintain a minimum balance of $50 to earn your annual percentage yield (APY).
Yes, but by doing so you’ll incur a penalty. It’s best to only use a Club Account for money you aren’t likely to need in the immediate future.
A Vacation account matures in the first weekend after April 3, while a Holiday account matures on the first weekend after October 3. Their terms may vary depending on when the account was opened.
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