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Holiday savings

Save up for holiday purchases all year long

Enjoy peace of mind knowing you'll have money to buy gifts for friends and family with a dedicated holiday savings account.


The holidays are a time for happiness, not stress. Open a holiday savings account to save for gifts all year long, so you won't have to worry about money when December comes around.


Save for the holidays all year long

Get your friends and family gifts they'll love without going into credit card debt. With an RCU holiday savings account, you can build your savings throughout the year and have the money when you need it.

Earn competitive dividends

The more you save, the more you earn. Holiday savings accounts earn dividend rates comparable to similar savings accounts, so you can reach your goals faster.

Automatic savings

Prepare for holiday spending without even thinking about it. Deposit money into your account with automatic transfers and leave holiday budgeting and planning behind.

No monthly service charge

Save more money to spend on gifts and celebrations with no monthly service charge on any holiday savings account from RCU.

And more ...

Good to know

Must have a balance of $100 to earn dividends

To make the most of your holiday savings, maintain a balance of at least $100 to start earning dividends.

Calculate your savings

Final Balance

Contributions:     |    Earnings: 
Initial Deposit
Term Years

How to open an account

Opening an account is easy and we're here to help if you need it.

  • 1

    Apply online

    It takes just minutes. If you aren’t already a Member, have your Social Security number and driver’s license or ID card handy.

  • 2

    Deposit money

    Move money into your new account so you can start using it.

  • 3

    Manage your money online

    Easily manage your money with online and mobile banking.

Open an Account

Savings released on October 31

Keep your holiday savings out of reach until October 31

Avoid the temptation to dip into your holiday savings. Money is tucked safely away all year and gets automatically transferred to your checking account on October 31, so you can start shopping with confidence.

Your hard-earned money is safe

  • a-plus-stability-rating

    Rated one of 21 strongest credit unions in the US by Weiss Ratings in 2021

  • 4th-healthiest-cu

    Rated 4th healthiest credit union in the US by Glatt Consulting HealthScore in 2020

I have been with Redwood for over a decade and I love them for their exceptional service, reasonable rates, and super easy mobile banking."

— Angie H.

Have a question?

At RCU, we're known for our reliable service, and we'll answer your questions and calls quickly.

Take the stress out of holiday shopping

Save for the holidays all year long with a dedicated holiday savings account.