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Club Accounts

Middleburg Bank's savings club accounts can help you save for taxes, holidays or vacations. Interest is paid at maturity of your club plan. No early withdrawal or closing.

This savings plan utilizes a coupon book to help customers save for taxes or other purposes such as Christmas expenses or vacation expenses.

Features and Benefits

  • Available to all individuals including minors
  • Interest is accrued on the ledger balance and paid at the time of closing
  • No withdrawals permitted
  • FDIC insured up to $100,000 per account holder
  • Coupon book provided by bank
  • Deposits may be made in flexible amounts
  • Payments can be made at customer's bank location or by automatic withdrawal from another account. (This is preferable)
  • Customer receives check in the mail - eliminates the need to come to the bank to pick it up
  • Money is safe and secure

Charges/Fees

  • $10.00 charge for accounts closed within 30 days of opening
  • Early withdrawals beyond first 30 days results in interest penalty.


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