Common use of Balance Computation Method Clause in Contracts

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.

Appears in 4 contracts

Samples: Master Account Agreement, Master Account Agreement, Master Account Agreement

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Balance Computation Method. Dividends are calculated by the daily balance method, 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- non-cash items (e.g., checks) to your account if deposited before the close of business. Except for Money Market/Share Certificate accounts, if If you close any of your dividend earning accounts before dividends are credited credited, you will not receive the accrued dividends.

Appears in 3 contracts

Samples: lapfcu.org, lapfcu.org, lapfcu.org

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- non-cash items (e.g., checks) to your account if deposited before the close of business. Except for Money Market/Share Certificate accounts, if If you close any of your dividend earning accounts before dividends are credited you will not receive the accrued dividendsdividends will be paid at the time of closure.

Appears in 2 contracts

Samples: Agreements and Disclosures, Agreements and Disclosures

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- 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 If youclose any of your dividend earning accounts before dividends are credited you will not receive the accrued dividends.dividends will be paid at the time of closure.β€Œ

Appears in 1 contract

Samples: Agreements and Disclosures

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 If you close any of your dividend earning accounts before dividends are credited you will not receive the accrued dividendsdividends will be paid at the time of closure.

Appears in 1 contract

Samples: Agreements and Disclosures

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Balance Computation Method. Dividends are calculated by the average daily balance method, which applies a daily periodic rate to the average 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- non-cash items (e.g., checks) to your account if deposited before the close of business. Except for Money Market/Share Certificate accounts, if If you close any of your dividend earning accounts before dividends are credited you will not receive the accrued dividends.

Appears in 1 contract

Samples: Account Agreement

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- non-cash items (e.g., checks) to your account if deposited before the close of businessaccount. Except for Money Market/Share Certificate accounts, if If you close any of your dividend earning accounts before dividends are credited you will not receive the accrued dividendsdividends due at the time the account is closed, but dividends will not be earned for the day the account is closed.

Appears in 1 contract

Samples: Membership Agreement

Balance Computation Method. Dividends are calculated by the daily balance method, 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- non-cash items (e.g., checks) to your account if deposited before the close of business. Except for Money Market/Share Certificate accounts, if If you close any of your dividend earning accounts before dividends are credited credited, you will not receive the accrued dividends.

Appears in 1 contract

Samples: lapfcu.org

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