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Holiday Savings

Holiday spending made simple

Don’t let the holiday season stress you out. Find out how NW Preferred’s Holiday Savings Account can easily help you prepare you for year-end festivities with smart money management.

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Stay motivated to save

This annual savings account is designed to encourage good saving habits by letting you save money throughout the year for holiday expenses, and it is also a great way to save for your property taxes! Whatever your goals reach them with ease and convenience by enrolling in automatic transfers so you can focus on family, friends, and festivities. If you withdraw your money before November 1st, you’ll have to pay a small penalty, helping you stay motivated to save.

Funds from your Holidays Savings account are automatically dispersed into your Money Market or Free Checking account every year on November 1st.

  • No monthly service fees
  • No deposit restrictions
  • No minimum balance required
  • Free online banking and eStatements

Start saving today

Fill out the online application and you can open an account in as little as 10 minutes.

  • Online Application
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  • Account Opening
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1.00 % APY*

All Rates


All rates are subject to change. Early withdrawal penalties may apply. For all other terms and fees for each account, contact your branch for the applicable disclosure statement(s). Any fees assessed could reduce earnings on this account. Other terms and conditions may apply, see Credit Union for full details.

In an effort to help mitigate the spread of the coronavirus (Covid-19) and to protect the health of our members and employees, NW Preferred will be closing access to our Stayton and Portland (Tigard) branch lobbies beginning Tuesday, March 24th. After Monday, we will be available to assist members with specific or unique needs, by appointment only, based on our available resources.

Remember you can easily access your NW Preferred accounts, 24 hours a day, via online or mobile banking. You can also locate nearby ATMs by using our mobile app or texting your location (address, intersection, or zip code) to 91989.

Most importantly, stay well.