Common use of Amount of Penalty Clause in Contracts

Amount of Penalty. For CD and IRA CDs, the amount of the early withdrawal penalty for your account is 90 days’ interest for a CD of 12 months or less, and 180 days’ interest for a CD over 12 months.

Appears in 5 contracts

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

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Amount of Penalty. For CD and IRA XXX CDs, the amount of the early withdrawal penalty for your account is 90 days’ interest for a CD of 12 months or less, and 180 days’ interest for a CD over 12 months.

Appears in 1 contract

Samples: Membership and Account Agreement

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