Average Daily 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. The period we use is the monthly statement cycle. The balance in this Account will be transferred to your Checking Account, if you do not have a checking account funds will be transferred into your Regular Share Savings account between October 1st and November 5th of each year.
Average Daily 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. The period we use is the monthly statement cycle. Accrual of Dividends on Noncash Deposits Dividends will begin to accrue on the business day you a deposit noncash items (for example, checks) to your Account. If you close your Money Market Savings Account before dividends are paid you will not receive the accrued dividends. Transaction Limitations During any calendar month, you may not make more than 6 withdrawals or transfers to another Credit Union Account of yours or to a third party by means of a pre-authorized, automatic, or computer transfer, telephonic order or instruction, or by check, draft, debit card, or similar order to a third party transfer or telephone order or instruction. No more than 3 of the 6 transfers may be made by check, draft, ATM/debit card, if applicable, or similar order to a third party. If you exceed the transfer limitations set forth above, your Account will be subject to a fee as set forth in our Fee Schedule or closure by the Credit Union. Holiday Club Savings Account
Average Daily 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. The period we use is the monthly statement cycle. Accrual of Dividends on Non Cash Deposits Dividends will begin to accrue on the business day you make a deposit. Transaction Limitations Please refer to the Traditional IRA Custodial Agreement and The Traditional IRA Disclosure Statement or Xxxx XXX Custodial Agreement and The Xxxx XXX Disclosure Statement or Xxxxxxxxx Education Custodial Agreement and The Xxxxxxxxx Education Savings Disclosure Statement for information regarding transaction limitations on your Traditional or Xxxx XXX Savings Account or Xxxxxxxxx Education Savings Account. Fees and Charges Please see the list of fees and charges found with this brochure. Traditional, and Xxxx XXX and Xxxxxxxxx Education Certificate of Deposit Accounts It is advised that you consult with your tax consultant regarding the possible tax implications of investing in an IRA account.
Average Daily Balance Computation Method. 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. If the average daily balance is below$1,000.00 no dividends will be earned.
Average Daily Balance Computation Method. For all dividend bearing Accounts, dividends are calculated by the average daily balance method which applies a daily periodic rate to the average daily balance for the average daily balance calculation period. The average daily balance is determined by adding the full amount of the principal in Your Account for each day of the period and dividing that figure by the number of days in the period. For all dividend bearing Accounts, accrued but uncredited dividends will not be paid at the time You close Your Account.
Average Daily 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. The period we use is the monthly statement cycle. Accrual of Dividends on Noncash Deposits Dividends will begin to accrue on the business day you deposit noncash items (for example, checks) to your Account. a deposit. If you close your Regular Shares Savings Account before dividends are paid, you will not receive the accrued dividends. Transaction Limitations During any monthly period, you may not make more than six (6) withdrawals or transfers to another Credit Union Account of yours or to a third party by means of a pre-authorized, automatic, or computer transfer, telephonic order or instruction, or similar order to a third party. No more than three (3) of the six (6) transfers may be made by check, draft, ATM/debit card, if applicable, or similar order to a third party. If you exceed the transfer limitations set forth above, your Account will be subject to a fee as set forth in our Fee Schedule, or closure by the Credit Union.
Average Daily 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. The period we use is the monthly statement cycle. Accrual of Dividends on Noncash Deposits Dividends will begin to accrue on the business day you deposit noncash items (for example, checks) to your Account. a deposit. If you close your Regular Shares Savings Account before dividends are paid, you will not receive the accrued dividends. Transaction Limitations
Average Daily 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 then divide by the number of days in the period. The period we use is the monthly statement cycle. Accrual of Dividends on Non-Cash Deposits. Dividends will begin to accrue on non-cash deposits (for example, checks) on the business day you make the deposit to your account. Transaction Limitations. No transaction limitations apply to this account. Money Market accounts allow six (6) free withdrawals per month. There will be a fee assessed for subsequent withdrawals as set forth on the Fee Schedule. Withdrawals include debits made by Automated Clearing House (ACH), checks written by the member, checks requested in-person or by phone, withdrawals performed in-person, or transfer. Withdrawal limitation does not apply to overdraft transfers or loan payments made to other Credit Union accounts.
Average Daily 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. The period we use is the monthly statement cycle. Dividends will begin to accrue on the business day you place non-cash items (checks) to your account. TRANSACTION LIMITATIONS: There is no minimum withdrawal amount. During any month, you may not make more than six (6) withdrawals or transfers to another OHecu account of yours or to a third party by means of a pre-authorized or automatic transfer or telephonic order or instruction. No more than three (3) of the six transfers may be made by draft or similar order to a third party. If you exceed the transfer limitations set forth above, your account will be subject to closure by the Credit Union.
Average Daily 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. The period we use is the monthly statement cycle. AMERICAN SHARE INSURANCE Member accounts in this Credit Union are insured by the American Share Insurance Corporation. This institution is not federally insured and if the institution fails, the Federal Government does not guarantee that depositors will get back their money. 5
