Club Savings Accounts
Big goals feel easier when you save on purpose. Our club accounts help you set money aside, and actually keep it there, so you can enjoy the moments that matter most. And now, they’re even better.
What’s New and Why You’ll Appreciate it
To better reflect today’s marketplace, and to keep these accounts working hard for your goals, we’ve updated our club accounts with a higher return and a structure that supports long-term success.
Higher Earnings, Zero Extra Effort
The Annual Percentage Yield (APY) for our club accounts has increased from 0.05% to 0.50%*. That’s 10 times the earning power, helping your savings grow faster while you wait for the big day.
Automatic transfer, right when you need it. Each year, we automatically transfer your entire balance in your club account to your PACU checking account or Regular Share Savings Account. Transfers are made in April for the Vacation Club and in October for the Christmas Club. It’s timed perfectly for summer getaways or holiday gift lists.
A Gentle Guardrail for Your Benefit
$20 early withdrawal fee. This fee is intentionally in place to help you stay on track. Adding a small pause before dipping into your savings reduces temptation and keeps your goal front and center.
Your future self, the one enjoying the vacation or holidays, will be glad you were able to maximize your earnings with uninterrupted daily compounding.
A Great Way to Save, On Purpose
Club accounts aren’t just savings accounts. They’re commitment devices for your goals, built to help you succeed, not second-guess yourself.
Open a Vacation Club or Christmas Club today and let your savings work quietly in the background until it’s time to celebrate.
Savings Calculator
With the PACU Savings Calculator, you can see just how fast your money can grow. As a member-owner, you’re earning a return on your savings, not just a rate. These dividends are compounded daily and credited monthly, meaning your balance earns more each day, and your earnings earn more.
New to PACU?
Follow these easy steps to open your membership and new accounts:
- Membership begins when you open your Regular Share Savings Account with a minimum deposit of just $5. Upon membership approval, you’re set to apply for our premier credit cards, various loan solutions and many other deposit accounts.
- If you’re not a member and have started or completed an online application, we will follow up with you regarding your membership upon receipt of your application.
- You may also apply for membership or any new account by scheduling an appointment, visiting a branch or calling our Member Relationship Team at 800.433.PACU.
Headquartered in Winston-Salem, North Carolina, and founded in 1949 within the aviation industry, Piedmont Advantage Credit Union (PACU) serves member-owners, who reside, work, worship, attend school or operate a business in one of the six counties it serves in North Carolina or who are employed by one of its many employer companies. These six counties are Davie, Forsyth, Guilford, Iredell, Mecklenburg and Rockingham.
Disclosure
*As of February 16, 2026, the Annual Percentage Yield (APY) for club accounts is 0.50%. A minimum balance of $100 is required to earn dividends. Dividend rates and APY are subject to change at any time without notice.
For more information and disclosures about these accounts, please click the Personal Disclosures link at the bottom of this page.