Annual Percentage Yield. The annual percentage yield reflects the total interest your money will earn if it remains on deposit for a full year, with compounding, if there is no change in the annual interest rate and all interest earned remains in the account for the entire year. A withdrawal of interest will reduce earnings. The annual percentage yield in effect when you open your account is stated on the Rate Sheet that is available upon request. That annual percentage yield is effective only until the next interest rate change.
Annual Percentage Yield. The APY is the actual interest rate your money will earn if it remains on deposit for a full year and all interest is left in the account. Because your interest earns interest, the APY will be greater than the annual interest rate. Of course, if you withdraw some funds from your account, the APY will be reduced. If the annual interest rate changes, the yield will also change. The APY on your account is set forth in the separate disclosure you received at account opening, and applied only from the date you open the account until the next interest rate change.
Annual Percentage Yield. The Annual Percentage Yield (“APY”) is the actual interest rate your money will earn if it remains on deposit for a full year and all interest is left in such TD. The APY for your TD is set forth on the signed Fixed-Rate Term Deposit Application and/or on your TD Advice of Deposit. If your TD is for a term of less than one year, the APY shown assumes that all principal and accrued interest on your TD will be renewed for a full year at the same interest rate. The APY disclosed on the face of your Fixed-Rate Term Deposit Application, TD Advice of Deposit or on the Notice of Maturity assumes interest will remain on deposit until maturity. Interest is earned to, but not including, the maturity date or date of early withdrawal. On maturities of more than one year, interest will be earned at least annually and the amount(s) paid or earned will be reported to the IRS each calendar year. A withdrawal will reduce earnings.
Annual Percentage Yield. “APY”). The APY is a percentage rate reflecting the total amount of dividends or interest paid on an Account, based on the dividend or interest rate and the frequency of compounding for a 365 day period.
Annual Percentage Yield. The Annual Percentage Yield (“APY”) is a measure of the total amount of interest paid on an account based upon the interest rate and frequency of compounding. The APY is expressed as an annualized rate, based on a 365-day year or a 366-day year in a leap year if interest is earned or anticipated to be earned on February 29. Accounts opened after February 29 in a leap year earn interest based on a 365-day year. VARIABLE RATE ACCOUNTS. Except as otherwise provided, interest bearing transaction accounts (including Negotiable Order of Withdrawal (NOW)), savings accounts, and money market accounts will be variable rate accounts. The interest rate and APY may change at any time and in our sole discretion. TRANSACTION LIMITATIONS. For interest bearing transaction accounts (including NOW accounts), savings accounts (excluding Secured Credit Card Savings), and money market accounts, you are permitted to make transfers or withdrawals to or from the account in any amount and at any time subject to the bank’s right to require seven (7) days written notice prior to withdrawal of all or part of the funds on deposit.
Annual Percentage Yield. The annual percentage yield is the effective interest rate your money will earn if it remains on deposit for a full year with compounding, interest paid is not withdrawn, and there is no change in the annual interest rate. A withdrawal of interest will reduce earnings. The annual percentage yield in effect when you open your account is stated on the Rate Sheet enclosed with this Agreement, and is effective only until the next interest rate change. Please ask an Alpine representative for information on the current annual percentage yield for interest-earning accounts. BASIC CHECKING, REGULAR CHECKING, NOW CHECKING, MONEY MARKET, AND STATEMENT SAVINGS ACCOUNTS
Annual Percentage Yield. The Annual Percentage Yield (APY) means a percentage rate reflecting the total amount of interest paid on an account, based on the interest rate and the frequency of compounding for a 365- day period. Annual Percentage Yield assumes that interest remains in the account until maturity. If compounding occurs during the term of the account and interest may be withdrawn prior to maturity, a withdrawal will reduce your earnings. Business and Banking Days – Our business and banking days are Monday through Friday. Saturdays, Sundays, and federal holidays are not considered business or banking days, even if we are open.
Annual Percentage Yield. The Annual Percentage Yield (APY) means a percentage rate reflecting the total amount of interest paid on an account, based on the interest rate and the frequency of compounding for a 365- day period. Annual Percentage Yield assumes that interest remains in the account until maturity. If compounding occurs during the term of the account and interest may be withdrawn prior to maturity, a withdrawal will reduce your earnings. Business and Banking Days – Our business and banking days are Monday through Friday. Saturdays, Sundays, and federal holidays are not considered business or banking days, even if we are open. Deposit of Items – Deposits may be made to your account (if applicable) in person at any one of our branch locations, by mail, by proprietary (East West Bank and East West Bank-owned) ATM, by authorized night deposit box, by using Online Banking (subject to the terms and conditions of such service), by any other method allowed by the Bank from time to time or, as agreed upon by you and the Bank, directly to an authorized Bank processor. Adjustments – We may make adjustments to your account whenever we deem a correction, change or reversal is required. Adjustments might occur, for example, if deposits are recorded or keyed in for the wrong amount, items you deposit are returned unpaid, or an ACH return or reversal request is received. Additionally, we reserve the right to make an adjustment to your account for ACH returns or reversals, or to settle any breach of warranty claims or other claims related to deposits you make and which we are obligated to pay. You agree that if we make a reversal for an electronic payment or other credit to your account, we can deduct the amount of the reversal from any account you have with us, at any time, without prior notification to you. We may elect, at our Discrepancies – If there is a discrepancy in a check you have written between the amount in numbers and the amount in words or embossed numbers, we may utilize either amount in paying the item or may dishonor the item, without liability.
Annual Percentage Yield. The Annual Percentage Yield (“APY”) is a measure of the total amount of interest paid on an account based upon the interest rate and frequency of compounding. The APY is expressed as an annualized rate, based on a 365-day year or a 366-day year in a leap year if interest is earned or anticipated to be earned on February 29. Accounts opened after February 29 in a leap year earn interest based on a 365-day year. For variable rate accounts, the calculation is based only on the initial interest rate in effect when the account is opened (or advertised), and assumes that this rate will not change during the period the Account is maintained.
Annual Percentage Yield. The Annual Percentage Yield for a share or deposit account means the total amount of dividends or interest that will be earned on the account based on the Annual Percentage Rate and the frequency of compounding applicable to the account if all funds remain on deposit for a 365day period. For dividends paid on the general share, the Annual Percentage Yield may change from time to time based on the Board of Directors’ declaration of dividends based on available earnings of the Credit Union. If you withdraw some of your deposit funds or any fees are assessed on your account during the period, the Annual Percentage Yield will be reduced. The Annual Percentage Yield for each account and the period it will be in effect are set forth in the related Account Disclosure.
