Skip To Content

Club Savings Accounts for Vacations & Holidays

If you’re looking for a great way to save for a happier holiday or a dream vacation getaway, our Holiday and Vacation Club savings accounts make it easy to save year-round. We all know that saving can sometimes feel impossible, but when you save with a purpose and tuck away a little bit at a time, it can add up to something big.

The funds you add to your holiday or club account can only be accessed on your annual disbursement date1, which means they’re someplace safe so you’re not as tempted to dip into them throughout the year.

Our club accounts can be opened with as little as $5 and there are no monthly service charges.1 To make sure you always know your balance, you can also add your club accounts to a relationship statement with other deposit accounts you have with us.

Holiday Club Accounts

Opening a holiday club account should be added to your list of New Year’s resolutions each year, since starting in January will allow you to grow the most savings in your holiday account. By the time you’re ready to start your holiday shopping, you’ll have increased your account balance so you can decrease your debt. You can save throughout the entire year and make deposits at your community office, via our app2, or through Online Banking2. You’ll also receive interest on your balance, which will be credited on your disbursement date.

Vacation Club Accounts

Having a vacation club can mean the difference between taking a vacation you can afford and taking one that puts you into debt later. By saving the money you’re working hard to earn in to a vacation club account, you can plan your ideal vacation and feel good about paying for it. Much like our holiday clubs, you can deposit into your account at your community office, via our app2, or through Online Banking2. You’ll also earn interest on your balance, credited on your disbursement date.

Getting Your Club Account Funds

You can choose to receive your annual payout by check or via a direct transfer into another First Commonwealth Bank account. For vacation club accounts, the disbursement date is May 253. For holiday club accounts, the disbursement date is October 153.

Opening Your Club Account

We’d love to help you take this additional step in your savings journey. You can open your account in person at a community office near you or by calling us at 844-711-BANK (2265).

Additional Ways to Save

Building the habit of saving is such an important step in your financial journey that we want to make it as easy as possible for you. With tools like automatic transfers within Online Banking, you can be sure that each month you’re adding to your savings account balance. Establish your transfers in Online Banking, by visiting your community office or by calling us at 800-711-BANK (2265).

You can also take a few minutes to check out these age-appropriate savings strategies for building your savings, from birth to retirement.


1 There is an early closing fee of $5.00 if the account is closed prior to the disbursement date. Partial withdrawals are not permitted.

2 We don’t charge for these services but standard message, data, and internet service provider rates may apply so check with your carriers.

3 An alternative disbursement date may be chosen at account opening for Holiday Club or Vacation Club accounts.