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Prepare for this year’s holiday expenses with a tried-and-true savings strategy – the CFAL Holiday Savings Challenge.
By making monthly contributions of $110 to your CFAL Holiday Savings account from January to November, you will save over $1,200 and earn 2.5% - 3.0% interest. With this plan in place, you’ll be ahead of the game when it comes to managing your spending during this special time of year.
As with last year’s challenge, if you make consistent deposits each month (with no breaks between deposits), you will be automatically entered into our $1,000 “Christmas bonus” giveaway!
Sign up now by completing these steps:
1. Review the challenge FAQs to learn more about how it works and what you need to do to apply.
2. Review the contribution schedule and set reminders for yourself to ensure that your monthly payments are consistent.
3. Collect and store pdf copies of the documents you need to participate in the challenge.
4. Make your initial contribution deposit to CFAL by online transfer to FCIB - 09706 (Main Branch) Account No. 201727189. Checking Account. CFAL Holiday Savings Challenge.
5. Click the link below and select “CFAL Holiday Savings Plan” in the drop-down menu. Complete the application form, then upload your required documents and proof of online transfer.
6. That’s it! Our team will contact you once your application has been processed.
With our 24/7 online account monitoring system, you can track your savings once your application has been processed and your first deposit has been received.
Let’s make this holiday season the very best by saving and planning for your success!
Once you have made your deposit for the first month, apply for the Holiday Savings Challenge.
