First Option Christmas Saver Summary

Requirements

• Variable annual rates calculated daily and credited monthly. Rates apply to each balance portion as expressly defined by the October provider rate schedule.
• The ordinary account keeping fee is $0. The standard membership administration fee is $5 per month, charged once per member. Fee/mth includes it unless an automatic age waiver is established. It is waived with an average monthly aggregate balance of at least $1,000, an active loan or credit card, age 25 or under, or the first three months of membership. A selected balance alone does not prove the monthly average.
• Optional paper statements cost $3 per statement, waived under age 12, this is not a mandatory monthly account fee. Dormant accounts over 12 months can incur $75 annually. Current fee documents supersede stale CDR age-21 and $2.50-per-month paper-statement wording.
• No monthly activity interest condition. Withdrawals normally available 1 November–31 January under the current contractual summary. An everyday-page FAQ says 30 January, the contractual end date is used.
• Early withdrawal can incur the current $20 penalty. No fabricated monthly withdrawal-count limit or separate introductory rate. No debit-card access.