Common use of Account Limitations Clause in Contracts

Account Limitations. Regular Share Accounts and Money Market Draft Accounts are limited each calendar month to 6 pre- authorized or automatic transfers total. For Regular Share Accounts there is a $1.00 fee for each ATM withdraw after 8 withdraws from Your Account in one monthly cycle. Share Christmas Club is limited to 2 withdrawals before disbursement in October. If more than 2 withdrawals are done, we may close the account for a fee of $15.00 and your account may not be reopened until after the current clubs are disbursed. For Your Draft Account there is a $1.00 fee for each withdraw if using your Master/debit card for cash withdraws for more than 8 times in one monthly cycle but there is no charge when you sign for your purchases. For a Money Market Draft, there is a charge of $10 .00 if you write a draft or make a transfer for less than $500.00, and there is also a $10.00 charge if there are more than 6 transfers and/or draft withdraws total in one monthly cycle.

Appears in 6 contracts

Samples: Membership Agreement, Membership Agreement, Membership Agreement

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Account Limitations. Regular Share Accounts and Money Market Draft Accounts are limited each calendar month to 6 pre- pre-authorized or automatic transfers total. For Regular Share Accounts there is a $1.00 fee for each ATM withdraw after 8 withdraws from Your Account in one monthly cycle. Share Christmas Club is limited to 2 withdrawals before disbursement in October. If more than 2 withdrawals are done, we may close the account for a fee of $15.00 and your account may not be reopened until after the current clubs are disbursed. For Your Draft Account there is a $1.00 fee for each withdraw if using your Master/debit card for cash withdraws for more than 8 times in one monthly cycle but there is no charge when you sign for your purchases. For a Money Market Draft, there is a charge of $10 .00 if you write a draft or make a transfer for less than $500.00, and there is also a $10.00 charge if there are more than 6 transfers and/or draft withdraws total in one monthly cycle.

Appears in 4 contracts

Samples: Business Membership and Account Agreement, Business Membership and Account Agreement, Business Membership and Account Agreement

Account Limitations. Regular Share Accounts and Money Market Draft Accounts are limited each calendar month to 6 pre- authorized or automatic transfers transfers’ total. For Regular Share Accounts there is a $1.00 fee for each ATM withdraw MAC withdraws after 8 withdraws from Your Account in one monthly cycle. Share Christmas Club is limited to 2 withdrawals before disbursement in October. If more than 2 withdrawals are done, we may close the account for a fee of a $15.00 and your account may not be reopened until after the current clubs are disbursed. For Your Draft Account there is a $1.00 fee for each withdraw if using your Master/debit card for cash withdraws for more than 8 times in one monthly cycle but there is no charge when you sign for your purchases. For a Money Market Draft, there is a charge of $10 .00 if you write a draft or make a transfer for less than $500.00, and there is also a $10.00 charge if there are more than 6 transfers and/or draft withdraws total in one monthly cycle.

Appears in 1 contract

Samples: Membership Agreement

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Account Limitations. Regular Share Accounts and Money Market Draft Accounts are limited each calendar month to 6 pre- authorized or automatic transfers total. For Regular Share Accounts there is a $1.00 fee for each ATM withdraw MAC withdraws after 8 withdraws from Your Account in one monthly cycle. Share Christmas Club is limited to 2 withdrawals before disbursement in October. If more than 2 withdrawals are done, we may close the account for a fee of a $15.00 and your account may not be reopened until after the current clubs are disbursed. For Your Draft Account there is a $1.00 fee for each withdraw if using your Master/debit card for cash withdraws for more than 8 times in one monthly cycle but there is no charge when you sign for your purchases. For a Money Market Draft, there is a charge of $10 .00 if you write a draft or make a transfer for less than $500.00, and there is also a $10.00 charge if there are more than 6 transfers and/or draft withdraws total in one monthly cycle.

Appears in 1 contract

Samples: Membership Agreement

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