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. Accrual on Noncash Deposits. For dividend-bearing Accounts, dividends will begin to accrue on the business day that You deposit noncash items (e.g. checks) into Your Account.
Balance Computation Method. Dividends are calculated by the daily balance method which applies a daily periodic rate to the principal in your account each day.
Balance Computation Method. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Balance Computation Method. Dividends are calculated using the average daily balance. This method applies a periodic rate to the average daily balance in the account for the dividend 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.
Balance Computation Method. The Bank uses the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the principal and accrued (but not yet credited) interest in the account at the end of each day.
Balance Computation Method. We use the Daily Balance Method to calculate dividends on your account. The Daily Balance Method applies a daily periodic rate to the balance in the account each day.
Balance Computation Method. Dividends are calculated by the daily balance method, which applies a daily periodic rate to the balance in the account each day, subject to any minimum balance requirements for earning dividends. Dividends will begin to accrue on the business day you deposit non- cash items (e.g., checks) to your account if deposited before the close of business. Except for Money Market/Share Certificate accounts, if you close any of your dividend earning accounts before dividends are credited you will not receive the accrued dividends.
Balance Computation Method. Interest is calculated using the daily balance method. This method applies a daily periodic rate to the principal in the account each day.
Balance Computation Method. Dividends are calculated by the Daily Balance Method that applies a daily periodic rate to the actual balance in the account at the end of each day. Dividends will begin to accrue on the business day you deposit cash and noncash items.
Balance Computation Method. For all dividend-bearing Accounts (except term Accounts), dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the Account each day. For term 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. Accrual on Noncash Deposits. For dividend-bearing Accounts, dividends will begin to accrue on the business day that You deposit noncash items (e.g. checks) into Your Account.
