Common use of Calculating Interest in Your Account Clause in Contracts

Calculating Interest in Your Account. The rate of interest accruing in your account (the annual percentage yield or (“APY”) on all interest-bearing checking, savings, brokerage, money market savings, or other Accounts may change at any time after the Account is opened. The interest rate and APY may be changed by the Bank as often as we choose, without limits and without notice. The Bank calculates interest on Accounts utilizing the daily balance method, applying a daily periodic rate to the available principal balance in your Account each day. As a general matter, interest in your Account is calculated based on the assumption of a 365-day year. Deposits in Your Account will begin to accrue interest on the Business Day that the funds are included under your Available Balance. Earned interest shall be paid to you by crediting the amount of the accrued interest to your Account. If you close your Account before interest is credited, we shall not be obligated to pay you that interest.

Calculating Interest in Your Account. The rate of interest (if any) accruing in your account (the annual percentage yield or (“APY”) on all interest-bearing checking, savings, brokerage, money market savings, or other Accounts may change at any time after the Account is opened. The interest rate and APY may be changed by the Bank as often as we choose, without limits and without notice. The Bank calculates interest on Accounts utilizing the daily balance method, applying a daily periodic rate to the available principal balance in your Account each day. As a Asa general matter, interest in your Account is calculated based on the assumption of a 365-day year. Deposits in Your Account will begin to accrue interest on the Business Day that the funds are included under your Available Balance. Earned interest shall be paid to you by crediting the amount of the accrued interest to your Account. If you close your Account before interest is credited, we shall not be obligated to pay you that interest.

Calculating Interest in Your Account. The rate of interest accruing in your account (the annual percentage yield or (“APY”) on all interest-bearing checking, savings, brokerage, money market savings, or other Accounts may change at any time after the Account is opened. The interest rate and APY may be changed by the Bank as often as we the Bank choose, without limits and without notice. The Bank calculates interest on Accounts utilizing the daily balance method, applying a daily periodic rate to the available principal balance in your Account each day. As a general matter, interest in your Account is calculated based on the assumption of a 365-day year. Deposits in Your Account will begin to accrue interest on the Business Day that the funds are included under your Available Balance. Earned interest shall be paid to you by crediting the amount of the accrued interest to your Account. If you close your Account before interest is credited, we the Bank shall not be obligated to pay you that interest.

Calculating Interest in Your Account. The rate of interest accruing in your account (the annual percentage yield or (“APY”)) on all interest-bearing checking, savings, brokerage, money market savings, or other Accounts may change at any time after the Account is opened. The interest rate and APY may be changed by the Bank as often as we choose, without limits and without notice. The Bank calculates interest on Accounts utilizing the daily balance method, applying a daily periodic rate to the available principal balance in your Account each day. As a general matter, interest in your Account is calculated based on the assumption of a 365-day year. Deposits in Your Account will begin to accrue interest on the Business Day that the funds are included under your Available Balance. Earned interest shall be paid to you by crediting the amount of the accrued interest to your Account. If you close your Account before interest is credited, we shall not be obligated to pay you that interest.