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Highest Club Savings Account Rates in Kentucky
11 Kentucky-specific products

By Aviel Fahl

Newest reading: October 13, 2026

Top Kentucky Rate:2.02%

The Kentucky market

Kentucky accounts

11

Institutions

8

Top Kentucky APY

2.02% APY

FDIC national average

0.37%

As of Sep 2026

11 club savings accounts are open only to Kentucky residents, from 8 institutions. The highest advertised APY among them is 2.02%.

3 of the 11 Kentucky club savings accounts advertise more than the FDIC national average of 0.37% for savings accounts as of Sep 2026.

Kentucky-Specific Club Savings Accounts

Club Savings accounts specifically available to Kentucky residents.

#1

Morgantown Bank & Trust Company, Incorporated

Club Savings

+$202
per year
2.02% APY
Oct 13, 2026
FDIC InsuredLinked AccountNo MinimumsIn-Person Access

What to Watch

A standing transfer from a Morgantown Bank & Trust checking account is required, weekly, bi-weekly or monthly, in an amount from $12 to $4,000 a month. The balance is paid out to that checking account once a year: a Christmas Club on or near September 25, a Vacation Club on or near March 25. A withdrawal before the annual payout is charged $10.

Show Fine Print & Trends
Min. Deposit$0
Min. BalanceN/A
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 275)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteMorgantown Bank & Trust Company, Incorporated

Direct Link to Product Page (Not Sponsored)

#2

American Bank & Trust Company, Inc.

Christmas Club

+$50
per year
0.50% APY
Oct 13, 2026
FDIC InsuredLow MinimumsIn-Person Access

What to Watch

The account matures at the end of October, when the funds are made available. Closing it before maturity costs a $20 penalty and forfeits the accrued interest.

Show Fine Print & Trends
Min. Deposit$10
Min. Balance$0
Maintenance Fee$0
Compound Freqannually
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 35568)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteAmerican Bank & Trust Company, Inc.

Direct Link to Product Page (Not Sponsored)

#3

American Bank & Trust Company, Inc.

Vacation Club

+$50
per year
0.50% APY
Oct 13, 2026
FDIC InsuredLow MinimumsIn-Person Access

What to Watch

The account matures at the end of March, when the funds are made available. Closing it before maturity costs a $20 penalty and forfeits the accrued interest.

Show Fine Print & Trends
Min. Deposit$10
Min. Balance$0
Maintenance Fee$0
Compound Freqannually
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 35568)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteAmerican Bank & Trust Company, Inc.

Direct Link to Product Page (Not Sponsored)

#4

Peoples Bank

Christmas Club w/Automatic Transfer

+$25
per year
0.25% APY
Oct 5, 2026
FDIC InsuredLow MinimumsIn-Person Access

What to Watch

Total deposits are limited to $5,000 a year. A penalty applies if the account is closed early.

We could not confirm: minimum deposit.

Show Fine Print & Trends
Min. DepositN/A
Min. Balance$5
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 1562)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

Official SitePeoples Bank

Direct Link to Product Page (Not Sponsored)

#5

The Sacramento Deposit Bank

Christmas Club Account

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

What to Watch

The balance is paid out by check in October each year.

We could not confirm: minimum deposit.

Show Fine Print & Trends
Min. DepositN/A
Min. BalanceN/A
Maintenance Fee$0
Compound Freqannually
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 8762)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteThe Sacramento Deposit Bank

Direct Link to Product Page (Not Sponsored)

#6

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)

#7

Peoples Bank

Christmas Club

+$10
per year
0.10% APY
Oct 5, 2026
FDIC InsuredLow MinimumsIn-Person Access

What to Watch

Total deposits are limited to $5,000 a year. A penalty applies if the account is closed early.

We could not confirm: minimum deposit.

Show Fine Print & Trends
Min. DepositN/A
Min. Balance$5
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 1562)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

Official SitePeoples Bank

Direct Link to Product Page (Not Sponsored)

#8

The Lincoln National Bank of Hodgenville

Christmas Club Account

+$10
per year
0.10% APY
Oct 13, 2026
FDIC InsuredLow MinimumsIn-Person Access

What to Watch

Withdrawals are not allowed until maturity, and closing the account early costs $10. At the end of the term the funds are mailed out or transferred to another account.

Show Fine Print & Trends
Min. Deposit$10
Min. Balance$10
Maintenance Fee$0
Compound Freqat maturity
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 2750)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteThe Lincoln National Bank of Hodgenville

Direct Link to Product Page (Not Sponsored)

#9

The Lincoln National Bank of Hodgenville

Best of the Best Club

+$10
per year
0.10% APY
Oct 13, 2026
FDIC InsuredNo MinimumsIn-Person Access

We could not confirm: minimum deposit.

Show Fine Print & Trends
Min. DepositN/A
Min. Balance$0.01
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 2750)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteThe Lincoln National Bank of Hodgenville

Direct Link to Product Page (Not Sponsored)

#10

First Guaranty Bank

Christmas Club Savings

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

What to Watch

A deposit of at least $5 each month by automatic transfer from another FGB account is required. Funds are paid into an FGB account on the third Tuesday in October.

Show Fine Print & Trends
Min. Deposit$5
Min. BalanceN/A
Maintenance Fee$0
Compound FreqN/A
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 14028)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 7 days
Official SiteFirst Guaranty Bank

Direct Link to Product Page (Not Sponsored)

#11

The Peoples Bank

Christmas Club Savings

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

What to Watch

Withdrawals are not allowed. The bank pays the balance out once a year.

Show Fine Print & Trends
Min. Deposit$5
Min. Balance$5
Maintenance Fee$0
Compound Freqannually
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 1566)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

StableNo rate changes in last 30 days
Official SiteThe Peoples Bank

Direct Link to Product Page (Not Sponsored)