Balance Computation Method. Interest is calculated using the average daily balance method, which totals the ending balances for each day of the interest period, divides the results by the total number of days in the interest period and uses the resulting average balance to calculate interest based on the balances and tiered rates.
Appears in 5 contracts
Samples: Membership and Account Agreement, www.msgcu.org, Membership and Account Agreement
Balance Computation Method. Interest is calculated using by the average daily balance method, which totals applies a daily periodic rate to the ending balances for each day of the interest period, divides the results by the total number of days balance in the interest period and uses the resulting average balance account each day. Accrual of Interest: Interest will begin to calculate interest based accrue on non-cash deposits (e.g. checks) on the balances and tiered ratesbusiness day you make the deposit to your account.
Appears in 4 contracts
Samples: Account Agreement, Account Agreement, Account Agreement
Balance Computation Method. Interest is calculated using the average daily balance method, which totals applies a daily periodic rate to the ending balances for Balance in the account each day of the interest period, divides the results by the total number of days in the interest period and uses the resulting average balance to calculate interest based is paid annually on the balances and tiered ratesNovember 1.
Appears in 3 contracts
Samples: Membership and Account Agreement, Membership and Account Agreement, Membership and Account Agreement
Balance Computation Method. Interest is calculated using the average daily balance method, which totals applies a daily periodic rate to the ending balances for each day of the interest period, divides the results by the total number of days balance in the interest period and uses the resulting average balance to calculate interest based on the balances and tiered ratesaccount each day.
Appears in 3 contracts
Samples: Membership and Account Agreement, Membership and Account Agreement, Membership and Account Agreement
Balance Computation Method. Interest is calculated using the average daily balance method, which totals the ending balances for each day of the interest period, divides the results by the total number of days in the interest period and uses the resulting average balance to calculate interest based on the balances and tiered ratesbalances.
Appears in 2 contracts
Samples: www.cencap.com, www.cencap.com
