Christmas Club Account Closing Notice

The FECU will be closing all Christmas Club savings accounts after the automatic transfers are completed on October 10, 2023. This change will allow members to get more use from existing savings accounts. The FECU will offer the new Choice Savings account that better meets the needs of our members. If you have any additional questions, please review the information provided on the Christmas Club Account Closing FAQ page. 

• Transfers to and from the Christmas Club savings to another account can be done in online banking until October 9, 2023. 
• All Christmas Club savings accounts will have the available balance transferred to their FECU checking account or primary savings account completed on October 10, 2023.
• After October 10, 2023, all scheduled automatic deposits and withdrawals will be redirected to the Primary Savings if there are no changes made. 
• Federated Insurance employees may contact us to request a Salary Deduction form or receive UKG instructions to edit Direct Deposit in order to change payroll deposits. It may take up to two weeks for payroll updates to process.
• If you want to open a new Choice Savings, you can contact us to request a New Account Form. 

Ensure FECU has correct information before this transition:

• Update your contact information.
• Make sure your automatic transfers and deposits are correct in online banking.