Milestone Club Account
Have a special savings goal in mind? Our Milestone Club account will help you stay on track and keep your focus on what matters most.
- Home
- Personal
- Bank
- Savings Accounts
- Milestone Club Account
Milestone Club Accounts for Our PA and NY Customers
-
Easy to OpenStart saving anytime with an opening deposit of any size.
-
Endless opportunitiesSave for anything - holidays, vacation, new wardrobe, home improvements, etc.
-
Earn competitive interest ratesOur rates are structured to help you maximize your savings.
Benefits of a Milestone Club Account
When you want to stay on track with your savings, a Milestone Club account helps you move toward your goals and stay focused on what matters most. You can open one today with any amount.
- Choose the month you want your savings transferred to your checking account, savings account or external deposit account at maturity.
- Deposits can be made at a C&N office, electronically through digital banking, by ACH from an external deposit account or through weekly, biweekly or monthly automatic transfer from another C&N check or savings account you own.
- Make one partial withdrawal during the 12-month period at no charge. Additional withdrawals prior to maturity will be assessed a $10 fee per withdrawal.
Requirements
- Accounts mature on the 15th day of the month selected by you.
- Any withdrawal of principal within six days of any previous withdrawal will result in a seven-day interest penalty based on the current interest rate and amount withdrawn.
- Fees may reduce earnings on this account.
FAQs
Q. Can I make withdrawals whenever I would like?A. You are allowed one partial withdrawal to be made at a C&N branch during the 12-month term.
Q. Do I earn interest on my Milestone Club account?
A. Yes, you will earn interest on balances $0.01 and greater. Interest is calculated daily and paid at the annual payout.
Q. How can I get my payout?
A. At maturity, the annual payout can be credited to a C&N checking or savings account, or to an external deposit account by ACH.
Refer&Reward
Refer a friend to C&N and you'll both receive a special bonus: $50 for you, $50 for them!
