Amendments and Terminations. The Credit Union has the right to amend this agreement at any time by giving appropriate notice prior to the effective date of amendment. The Credit Union shall also have the right to terminate this account and to terminate all its liability hereunder by mailing a draft for the balance of the account to the address of any of the owners. (9.) Collectible Items - All non-cash items credited to the account shall be credited conditionally subject to their final payment, and such items may be charged back at any time until the proceeds thereof and monies have actually been received by the Credit Union. The Credit Union has the right to decline payment or delay payment of any withdrawal or drafts drawn against such credit. (10.) Ownership - If more than one person signs this agreement, you agree to create by this agreement a joint ownership with rights of survivorship in this account. If joint ownership exists, you hereby agree with each other and with the Credit Union that all sums now paid in/on deposit or hereto or hereafter paid in/on deposit by any or all said joint owners to the credit as such joint owners with all accumulations thereof shall be owned by them jointly, with rights of survivorship and shall be subject to withdrawal or receipt by any of them, and payment to any of them or the survivor or survivors shall be valid and discharge the Credit Union from any liability for such payment. You agree that the right or authority of the Credit Union under this agreement should not be changed or terminated for said owner or owners for any of them except by written notice through the Credit Union and shall not affect transactions heretofore made. Compounding and crediting. Dividends will be compounded monthly and will be credited monthly. If you close your Performance Money Market account before dividends are credited you will not receive accrued dividends. Minimum balance requirements. The minimum balance required to open this account is $1,500. You must maintain an average daily balance of $1 in your account to receive dividends. This is a tiered rate account. The dividend rate is determined by the average daily balance as calculated at the end of the calendar month. This account has seven tiers upon which dividends will be paid ($1.00 -$4,999.99, $5,000-$24.999.99, $25,000-$49,999.99, $50,000-$99,999.99, $100,000- $249,999, $250,000-$499,999.99 and $500,000-over). Please refer to the MAX Credit Union Truth In Savings Rate Disclosure or call 000-0000 for current rates. Balance computation method. Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period. Fees and charges. The following fees and charges may be assessed against your account: (a.) Statement copies - $2.00 per statement; (b.) Check overdraft / Exceeds transfer limitations - $30.00 each; (c.) Copy of check - $2.00 each; (d.) Copy of history - $3.00 each; (e.) Wire transfer - $15.00 per transfer; (f.) XXX Xxxxxx Check - $4.00 each; (g.) Stop Payment Order $30.00 per order. (h.) Returned deposit item - $3.00 each. (i.) Levy/Garnishment fee - $75.00. Transaction limitations. During any statement period, you may not make more than six withdrawals or transfers to another credit union account of yours or to a third party by means of a preauthorized or automatic transfer or telephonic order or instruction or draft. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to closure by the credit union or to a fee of $30.00 per item. PRIVATE RESERVE MONEY MARKET ACCOUNT Non-Transferable as Defined in 12 CFR Part 204
Appears in 1 contract
Samples: Membership Agreement
Amendments and Terminations. The Credit Union has the right to amend this agreement at any time by giving appropriate notice prior to the effective date of amendment. The Credit Union shall also have the right to terminate this account and to terminate all its liability hereunder by mailing a draft for the balance of the account to the address of any of the owners. (9.) Collectible Items - Items-All non-cash items credited to the account shall be credited conditionally subject to their final payment, and such items may be charged back at any time until the proceeds thereof and monies have actually been received by the Credit Union. The Credit Union has the right to decline payment or delay payment of any withdrawal or drafts drawn against such credit. (10.) Ownership - If more than one person signs this agreement, you agree to create by this agreement a joint ownership with rights of survivorship in this account. If joint ownership exists, you hereby agree with each other and with the Credit Union that all sums now paid in/on deposit or hereto or hereafter paid in/on deposit by any or all said joint owners to the credit as such joint owners with all accumulations thereof shall be owned by them jointly, with rights of survivorship and shall be subject to withdrawal or receipt by any of them, and payment to any of them or the survivor or survivors shall be valid and discharge the Credit Union from any liability for such payment. You agree that the right or authority of the Credit Union under this agreement should not be changed or terminated for said owner or owners for any of them except by written notice through the Credit Union and shall not affect transactions heretofore made. Compounding and crediting. Dividends will be compounded monthly and will be credited monthly. If you close your Performance Private Reserve Money Market account account, before dividends are credited you will not receive accrued dividends. Minimum balance requirements. The minimum balance required to open this account is $1,5002,500. You must maintain an average daily balance of $1 2,500 in your account to receive dividends. This is If your balance falls below $1,000 on any day during a tiered rate account. The dividend rate is determined by the average daily balance as calculated at the end of the calendar month. This account has seven tiers upon which dividends month a $10.00 fee will be paid ($1.00 -$4,999.99, $5,000-$24.999.99, $25,000-$49,999.99, $50,000-$99,999.99, $100,000- $249,999, $250,000-$499,999.99 and $500,000-over)accessed for that month. Please refer to the MAX Credit Union Truth In Savings Rate Disclosure or call 000-0000 for current rates. Balance computation method. Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period. Fees and charges. The following fees and charges may be assessed against your account: (a.) Statement copies - $2.00 per statement; (b.) Check overdraft / Exceeds transfer limitations - $30.00 each; (c.) Copy of check - $2.00 each; (d.) Copy of history - $3.00 each; (e.) Wire transfer - $15.00 per transfer; (f.) XXX Xxxxxx Check - $4.00 each; (g.) Stop Payment Order $30.00 per order. (h.) Returned deposit item - $3.00 each. (i.) Levy/Garnishment fee - $75.00. Transaction limitations. During any statement period, you may not make more than six withdrawals or transfers to another credit union account of yours or to a third party by means of a preauthorized or automatic transfer or telephonic order or instruction or draft. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to closure by the credit union or to a fee of $30.00 per item. PRIVATE RESERVE MONEY MARKET ACCOUNT Non-Transferable as Defined in 12 CFR Part 204.
Appears in 1 contract
Samples: Membership Agreement
Amendments and Terminations. The Credit Union has the right to amend this agreement at any time by giving appropriate notice prior to the effective date of amendment. The Credit Union shall also have the right to terminate this account and to terminate all its liability hereunder by mailing a draft for the balance of the account to the address of any of the owners. (9.) Collectible Items - All non-cash items credited to the account shall be credited conditionally subject to their final payment, and such items may be charged back at any time until the proceeds thereof and monies have actually been received by the Credit Union. The Credit Union has the right to decline payment or delay payment of any withdrawal or drafts drawn against such credit. (10.) Ownership - If more than one person signs this agreement, you agree to create by this agreement a joint ownership with rights of survivorship in this account. If joint ownership exists, you hereby agree with each other and with the Credit Union that all sums now paid in/on deposit or hereto or hereafter paid in/on deposit by any or all said joint owners to the credit as such joint owners with all accumulations thereof shall be owned by them jointly, with rights of survivorship and shall be subject to withdrawal or receipt by any of them, and payment to any of them or the survivor or survivors shall be valid and discharge the Credit Union from any liability for such payment. You agree that the right or authority of the Credit Union under this agreement should not be changed or terminated for said owner or owners for any of them except by written notice through the Credit Union and shall not affect transactions heretofore made. Compounding and crediting. Dividends will be compounded monthly and will be credited monthly. If you close your Performance Money Market account before dividends are credited you will not receive accrued dividends. Minimum balance requirements. The minimum balance required to open this account is $1,500. You must maintain an average daily balance of $1 in your account to receive dividends. This is a tiered rate account. The dividend rate is determined by the average daily balance as calculated at the end of the calendar month. This account has seven tiers upon which dividends will be paid ($1.00 -$4,999.99, $5,000-$24.999.99, $25,000-$49,999.99, $50,000-$99,999.99, $100,000- $249,999, $250,000-$499,999.99 and $500,000-over). Please refer to the MAX Credit Union Truth In Savings Rate Disclosure or call 000-0000 for current rates. Balance computation method. Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period. Fees and charges. The following fees and charges may be assessed against your account: (a.) Statement copies - $2.00 per statement; (b.) Check overdraft / Exceeds transfer limitations - $30.00 each; (c.) Copy of check - $2.00 each; (d.) Copy of history - $3.00 each; (e.) Wire transfer - $15.00 per transfer; (f.) XXX Xxxxxx Check - $4.00 each; (g.) Stop Payment Order $30.00 per order. (h.) Returned deposit item - $3.00 each. (i.) Levy/Garnishment fee - $75.00. Transaction limitations. During any statement period, you may not make more than six withdrawals or transfers to another credit union account of yours or to a third party by means of a preauthorized or automatic transfer or telephonic order or instruction or draft. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to closure by the credit union or to a fee of $30.00 per item. PRIVATE RESERVE MONEY MARKET ACCOUNT Non-Transferable as Defined in 12 CFR Part 204.
Appears in 1 contract
Samples: Membership Agreement
Amendments and Terminations. The Credit Union has the right to amend this agreement at any time by giving appropriate notice prior to the effective date of amendment. The Credit Union shall also have the right to terminate this account and to terminate all its liability hereunder by mailing a draft for the balance of the account to the address of any of the owners. (98.) Collectible Items - Items-All non-cash items credited to the account shall be credited conditionally subject to their final payment, and such items may be charged back at any time until the proceeds thereof and monies have actually been received by the Credit Union. The Credit Union has the right to decline payment or delay payment of any withdrawal or drafts drawn against such credit. (109.) Ownership - If more than one person signs this agreement, you agree to create by this agreement a joint ownership with rights of survivorship in this account. If joint ownership exists, you hereby agree with each other and with the Credit Union that all sums now paid in/on deposit or hereto or hereafter paid in/on deposit by any or all said joint owners to the credit as such joint owners with all accumulations thereof shall be owned by them jointly, with rights of survivorship and shall be subject to withdrawal or receipt by any of them, and payment to any of them or the survivor or survivors shall be valid and discharge the Credit Union from any liability for such payment. You agree that the right or authority of the Credit Union under this agreement should not be changed or terminated for said owner or owners for any of them except by written notice through the Credit Union and shall not affect transactions heretofore made. Compounding and crediting. Dividends will be compounded monthly and will be credited monthly. If you close your Performance Elevate Money Market account account, before dividends are credited you will not receive accrued dividends. Minimum balance requirements. The minimum balance required to open this account is $1,50050.00. You must maintain an average daily balance of $1 1.00 in your account to receive dividends. This account is a tiered rate account. The dividend rate is determined by the average daily balance as calculated at the end of the calendar month. This account has seven four tiers upon which dividends will be paid ($1.00 -$4,999.99- $2500.00, $5,000-$24.999.992500.01 – $5000.00, $25,000-$49,999.995000.01 – $15000.00, $50,000-$99,999.99, $100,000- $249,999, $250,000-$499,999.99 and $500,000-over15000.01 - over ). Please refer to the MAX Credit Union Truth In in Savings Rate Disclosure or call 000-0000 for current account rates. Balance computation method. Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period. Fees and charges. The following fees and charges may be assessed against your account: (a.) Statement copies - $2.00 per statement; (b.) Check overdraft / Exceeds transfer limitations and over three checks per month - $30.00 each; (c.) Copy of check - $2.00 each; (d.) Copy of history - $3.00 each; (e.) Wire transfer - $15.00 per transfer; (f.) XXX Xxxxxx Check - $4.00 each; (g.) Stop Payment Order $30.00 per order. (h.) Returned deposit item - $3.00 each. (i.) Levy/Garnishment fee - $75.00. Transaction limitations. During any statement period, you may not make more than six withdrawals or transfers to another credit union account of yours or to a third party by means of a preauthorized or automatic transfer or telephonic order or instruction or draft. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to closure by the credit union or to a fee of $30.00 per item. PRIVATE RESERVE MONEY MARKET ACCOUNT Non-Transferable as Defined in 12 CFR Part 204MAX CREDIT UNION AUTOMATIC TELLER AND MAX CHECKCARD CONTRACT Effective November 10, 2006
Appears in 1 contract
Samples: Membership Agreement
Amendments and Terminations. The Credit Union has the right to amend this agreement at any time by giving appropriate notice prior to the effective date of amendment. The Credit Union shall also have the right to terminate this account and to terminate all its liability hereunder by mailing a draft for the balance of the account to the address of any of the owners. (98.) Collectible Items - Items-All non-cash items credited to the account shall be credited conditionally subject to their final payment, and such items may be charged back at any time until the proceeds thereof and monies have actually been received by the Credit Union. The Credit Union has the right to decline payment or delay payment of any withdrawal or drafts drawn against such credit. (109.) Ownership - If more than one person signs this agreement, you agree to create by this agreement a joint ownership with rights of survivorship in this account. If joint ownership exists, you hereby agree with each other and with the Credit Union that all sums now paid in/on deposit or hereto or hereafter paid in/on deposit by any or all said joint owners to the credit as such joint owners with all accumulations thereof shall be owned by them jointly, with rights of survivorship and shall be subject to withdrawal or receipt by any of them, and payment to any of them or the survivor or survivors shall be valid and discharge the Credit Union from any liability for such payment. You agree that the right or authority of the Credit Union under this agreement should not be changed or terminated for said owner or owners for any of them except by written notice through the Credit Union and shall not affect transactions heretofore made. Compounding and crediting. Dividends will be compounded monthly and will be credited monthly. If you close your Performance Elevate Money Market account account, before dividends are credited you will not receive accrued dividends. Minimum balance requirements. The minimum balance required to open this account is $1,50050.00. You must maintain an average daily balance of $1 1.00 in your account to receive dividends. This account is a tiered rate account. The dividend rate is determined by the average daily balance as calculated at the end of the calendar month. This account has seven four tiers upon which dividends will be paid ($1.00 -$4,999.99- $2500.00, $5,000-$24.999.992500.01 – $5000.00, $25,000-$49,999.995000.01 – $15000.00, $50,000-$99,999.99, $100,000- $249,999, $250,000-$499,999.99 and $500,000-over15000.01 - over ). Please refer to the MAX Credit Union Truth In in Savings Rate Disclosure or call 000-0000 for current account rates. Balance computation method. Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period. Fees and charges. The following fees and charges may be assessed against your account: (a.) Statement copies - $2.00 per statement; (b.) Check overdraft / Exceeds transfer limitations - $30.00 each; (c.) Copy of check - $2.00 each; (d.) Copy of history - $3.00 each; (e.) Wire transfer - $15.00 per transfer; (f.) XXX Xxxxxx Check - $4.00 each; (g.) Stop Payment Order $30.00 per order. (h.) Returned deposit item - $3.00 each. (i.) Levy/Garnishment fee - $75.00. Transaction limitations. During any statement period, you may not make more than six withdrawals or transfers to another credit union account of yours or to a third party by means of a preauthorized or automatic transfer or telephonic order or instruction or draft. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to closure by the credit union or to a fee of $30.00 per item. PRIVATE RESERVE MONEY MARKET ACCOUNT Non-Transferable as Defined in 12 CFR Part 204MAX CREDIT UNION AUTOMATIC TELLER AND MAX CHECKCARD CONTRACT Effective November 10, 2006
Appears in 1 contract
Samples: Membership Agreement
Amendments and Terminations. The Credit Union has the right to amend this agreement at any time by giving appropriate notice prior to the effective date of amendment. The Credit Union shall also have the right to terminate this account and to terminate all its liability hereunder by mailing a draft for the balance of the account to the address of any of the owners. (9.) Collectible Items - Items-All non-cash items credited to the account shall be credited conditionally subject to their final payment, and such items may be charged back at any time until the proceeds thereof and monies have actually been received by the Credit Union. The Credit Union has the right to decline payment or delay payment of any withdrawal or drafts drawn against such credit. (10.) Ownership - If more than one person signs this agreement, you agree to create by this agreement a joint ownership with rights of survivorship in this account. If joint ownership exists, you hereby agree with each other and with the Credit Union that all sums now paid in/on deposit or hereto or hereafter paid in/on deposit by any or all said joint owners to the credit as such joint owners with all accumulations thereof shall be owned by them jointly, with rights of survivorship and shall be subject to withdrawal or receipt by any of them, and payment to any of them or the survivor or survivors shall be valid and discharge the Credit Union from any liability for such payment. You agree that the right or authority of the Credit Union under this agreement should not be changed or terminated for said owner or owners for any of them except by written notice through the Credit Union and shall not affect transactions heretofore made. Compounding and crediting. Dividends will be compounded monthly and will be credited monthly. If you close your Performance Private Reserve Money Market account account, before dividends are credited you will not receive accrued dividends. Minimum balance requirements. The minimum balance required to open this account is $1,5002,500. You must maintain an average daily balance of $1 2,500 in your account to receive dividends. This is If your balance falls below $1,000 on any day during a tiered rate account. The dividend rate is determined by the average daily balance as calculated at the end of the calendar month. This account has seven tiers upon which dividends month a $10.00 fee will be paid ($1.00 -$4,999.99, $5,000-$24.999.99, $25,000-$49,999.99, $50,000-$99,999.99, $100,000- $249,999, $250,000-$499,999.99 and $500,000-over)accessed for that month. Please refer to the MAX Credit Union Truth In Savings Rate Disclosure or call 000-0000 for current rates. Balance computation method. Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period. Fees and charges. The following fees and charges may be assessed against your account: (a.) Statement copies - $2.00 per statement; (b.) Check overdraft / Exceeds transfer limitations - $30.00 each; (c.) Copy of check - $2.00 each; (d.) Copy of history - $3.00 each; (e.) Wire transfer - $15.00 per transfer; (f.) XXX Xxxxxx Check - $4.00 each; (g.) Minimum balance violation - $10.00 per month for each month that account is below $1,000; (h.) Stop Payment Order $30.00 per order. (h.i.) Returned deposit item - $3.00 each. (i.j.) Levy/Garnishment fee - $75.00. Transaction limitations. During any statement period, you may not make more than six withdrawals or transfers to another credit union account of yours or to a third party by means of a preauthorized or automatic transfer or telephonic order or instruction or draft. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to closure by the credit union or to a fee of $30.00 per item. PRIVATE RESERVE ELEVATE MONEY MARKET ACCOUNT Non-Transferable as Defined in 12 CFR Part 204
Appears in 1 contract
Samples: Membership Agreement
