Common use of Additional Transaction Limitations Clause in Contracts

Additional Transaction Limitations. For all Accounts (except share draft Accounts), during any calendar month, You may not make more than six withdrawals from or transfers to another Credit Union Account of Yours or to a third party by means of a pre-authorized or automatic transfer or telephonic order or instruction, or by check, draft, debit card, if applicable, or similar order to a third party. If You exceed these limitations, Your Account may be subject to closure by the Credit Union. Variable Rate Information. For all Variable Rate Accounts, the dividend rate and APY may change based on the determination of the Credit Union's Board of Directors.

Appears in 2 contracts

Samples: Membership Agreements and Disclosures, Membership Agreements

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Additional Transaction Limitations. For all Accounts (except share draft Health Savings, IRA, and checking Accounts), during any calendar month, You may not make more than six 10 withdrawals from or transfers to another Credit Union Account of Yours or to a third party by means of a pre-authorized or automatic transfer or telephonic order or instruction, or by check, draft, debit card, if applicable, or similar order to a third party. If You exceed these limitations, Your Account may be subject to closure by the Credit Union. Variable Rate Information. For all Variable Rate Accounts, the dividend rate and APY may change based on the determination of the Credit Union's ’s Board of Directors.

Appears in 1 contract

Samples: Membership Agreements

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Additional Transaction Limitations. For all Accounts (except share draft checking Accounts), during any calendar month, You may not make more than six withdrawals from or transfers to another Credit Union Account of Yours or to a third party by means of a pre-authorized or automatic transfer or telephonic order or instruction, or by check, draft, debit card, if applicable, or similar order to a third party. If You exceed these limitations, Your Account may be subject to closure by the Credit Union. Variable Rate Information. For all Variable Rate Accounts, the dividend dividend/ interest rate and APY may change based on the determination of the Credit Union's ’s Board of Directors.

Appears in 1 contract

Samples: Membership Agreements

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