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Highest Club Savings Account Rates in Indiana
15 Indiana-specific products

By Aviel Fahl

Newest reading: October 7, 2026

Top Indiana Rate:2.02%

The Indiana market

Indiana accounts

15

Institutions

13

Top Indiana APY

2.02% APY

FDIC national average

0.37%

As of Sep 2026

15 club savings accounts are open only to Indiana residents, from 13 institutions. The highest advertised APY among them is 2.02%.

6 of the 15 Indiana club savings accounts advertise more than the FDIC national average of 0.37% for savings accounts as of Sep 2026.

Indiana-Specific Club Savings Accounts

Club Savings accounts specifically available to Indiana residents.

#1

LNB Community Bank

Christmas Club

+$202
per year
2.02% APY
Oct 3, 2026
FDIC InsuredLinked AccountLow MinimumsIn-Person Access

What to Watch

Checks are mailed out in mid-October each year. The published rate requires another deposit account at the bank; without one the account earns a lower rate.

Show Fine Print & Trends
Min. Deposit$1
Min. BalanceN/A
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 4398)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

Rate Increased
+1.77%
Since 30 days ago
Official SiteLNB Community Bank

Direct Link to Product Page (Not Sponsored)

#2

LNB Community Bank

Vacation Club

+$202
per year
2.02% APY
Oct 3, 2026
FDIC InsuredLinked AccountLow MinimumsIn-Person Access

What to Watch

Checks are mailed out in mid-May each year. The published rate requires another deposit account at the bank; without one the account earns a lower rate.

Show Fine Print & Trends
Min. Deposit$1
Min. BalanceN/A
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 4398)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

Rate Increased
+1.77%
Since 30 days ago
Official SiteLNB Community Bank

Direct Link to Product Page (Not Sponsored)

#3

Greenville National Bank

Christmas Club

+$100
per year
1.00% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access

What to Watch

No withdrawals are permitted. The club matures in early October.

Show Fine Print & Trends
Min. Deposit$1
Min. BalanceN/A
Maintenance Fee$0
Compound Freqdaily
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 13703)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteGreenville National Bank

Direct Link to Product Page (Not Sponsored)

#4

Fowler State Bank

Christmas Club

+$50
per year
0.50% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access

What to Watch

The club year runs from October 1 to September 30.

Show Fine Print & Trends
Min. Deposit$5
Min. Balance$0
Maintenance Fee$0
Compound Freqannually
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 1821)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteFowler State Bank

Direct Link to Product Page (Not Sponsored)

#5

The Garrett State Bank

Christmas Club Savings

+$50
per year
0.50% APY
Oct 7, 2026
FDIC InsuredNo MinimumsIn-Person Access

We could not confirm: minimum deposit.

Show Fine Print & Trends
Min. DepositN/A
Min. Balance$0
Maintenance Fee$0
Compound Freqmonthly
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 8074)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteThe Garrett State Bank

Direct Link to Product Page (Not Sponsored)

#6

Peoples Trust and Savings Bank

Christmas Club

+$40
per year
0.40% APY
Oct 7, 2026
FDIC InsuredNo MinimumsIn-Person Access

What to Watch

Funds are distributed automatically by check in mid-October each year. Electronic statements are required.

Show Fine Print & Trends
Min. Deposit$0
Min. Balance$0
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 13113)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 7 days
Official SitePeoples Trust and Savings Bank

Direct Link to Product Page (Not Sponsored)

#7

Hendricks County Bank and Trust Company

Christmas Club

+$25
per year
0.25% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access
Show Fine Print & Trends
Min. Deposit$1
Min. BalanceN/A
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 13111)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 7 days
Official SiteHendricks County Bank and Trust Company

Direct Link to Product Page (Not Sponsored)

#8

The Friendship State Bank

Christmas Club

+$15
per year
0.15% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access

What to Watch

Funds may not be withdrawn before October. The balance plus interest is paid out in the last week of October. The account year runs from November through the following October.

We could not confirm: minimum deposit.

Show Fine Print & Trends
Min. DepositN/A
Min. Balance$25
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 13130)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteThe Friendship State Bank

Direct Link to Product Page (Not Sponsored)

#9

First Federal Savings Bank

Christmas Club

+$10
per year
0.10% APY
Oct 3, 2026
FDIC InsuredLow MinimumsIn-Person Access

What to Watch

Funds are distributed once a year. An early distribution fee of $10 applies if funds are taken before the annual payout, and the account renews automatically.

Show Fine Print & Trends
Min. Deposit$20
Min. Balance$20
Maintenance FeeNo monthly service charge
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 29056)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteFirst Federal Savings Bank

Direct Link to Product Page (Not Sponsored)

#10

Security Federal Savings Bank

Christmas Club

+$10
per year
0.10% APY
Oct 3, 2026
FDIC InsuredNo MinimumsIn-Person Access
Show Fine Print & Trends
Min. Deposit$0
Min. BalanceN/A
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 28894)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 7 days
Official SiteSecurity Federal Savings Bank

Direct Link to Product Page (Not Sponsored)

#11

Alliance Bank

Club Savings

+$5
per year
0.05% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access

What to Watch

An Alliance Bank checking account is required. The account is funded by automatic transfers from that checking account, and principal and interest are paid out into it once each year. The account does not close at payout; the transfers continue until you cancel them. Any interest accrued is forfeited on an early withdrawal.

Show Fine Print & Trends
Min. Deposit$25
Min. BalanceN/A
Maintenance Fee$0
Compound Freqat maturity
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 197)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteAlliance Bank

Direct Link to Product Page (Not Sponsored)

#12

First Robinson Savings Bank, National Association

Christmas Club

+$5
per year
0.05% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access

What to Watch

The full balance is paid out in early November, by check or by deposit to a First Robinson Savings Bank account. All interest is forfeited on an early withdrawal.

Show Fine Print & Trends
Min. Deposit$10
Min. BalanceN/A
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 28105)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteFirst Robinson Savings Bank, National Association

Direct Link to Product Page (Not Sponsored)

#13

Farmers and Merchants Bank

Christmas Club

+$3
per year
0.03% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access

What to Watch

No withdrawals are permitted before the end of the club period. The balance is paid out by check or by direct deposit at the end of the club period, on November 1 each year, and the account does not renew automatically at maturity.

Show Fine Print & Trends
Min. Deposit$1
Min. Balance$1
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 13801)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteFarmers and Merchants Bank

Direct Link to Product Page (Not Sponsored)

#14

Farmers and Merchants Bank

Tax Time

+$3
per year
0.03% APY
Oct 7, 2026
FDIC InsuredLow MinimumsIn-Person Access

What to Watch

No withdrawals are permitted before the end of the club period. The balance is paid out by check or by direct deposit at the end of each club period, on May 1 and on November 1 each year, and the account renews automatically at maturity.

Show Fine Print & Trends
Min. Deposit$5
Min. Balance$5
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 13801)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteFarmers and Merchants Bank

Direct Link to Product Page (Not Sponsored)

#15

First Federal Savings Bank

Christmas Club

+$3
per year
0.03% APY
Oct 7, 2026
FDIC InsuredNo MinimumsIn-Person Access

What to Watch

The balance is paid out to you each year in October, and the interest is credited at that time.

We could not confirm: minimum deposit.

Show Fine Print & Trends
Min. DepositN/A
Min. BalanceN/A
Maintenance Fee$0
Compound FreqDoesn't compound
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 31516)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteFirst Federal Savings Bank

Direct Link to Product Page (Not Sponsored)