HOLIDAY SAVER AND SUMMER SAVER ACCOUNTS. A minimum opening deposit between $20 and $500 is required at the time a Holiday Saver or Summer Saver account is opened. A minimum automated recurring deposit between $20 and $500 is required from a Mission Fed savings, checking, or spending account each month after the opening deposit was made. No additional deposits other than the recurring automated deposits are permitted. Changes to the amount of the automated monthly deposit can be made at any time, provided the $20 minimum and $500 maximum is maintained. A recurring automated deposit does not occur in December for the Holiday Saver and may be skipped up to two consecutive summer months for the Summer Saver. Dividends are posted annually and the entire balance is automatically transferred to the designated share on November 10th for the Holiday Saver and on July 10th for the Summer Saver. Manual withdrawals made outside of November 10th and January 5th for the Holiday Saver and June 1st and July 10th for the Summer Saver will result in a loss of accrued dividends. Recurring automated deposits will continue for a new term provided the Holiday Saver and Summer Saver account is still being offered. Refer to the Dividend Rate Schedule for information regarding the current dividend rate. The dividend rate may vary and be adjusted at any time without prior notice to you. Only one Holiday Saver and one Summer Saver are allowed per member.
