Common use of Compounding and Crediting Clause in Contracts

Compounding and Crediting. For all dividend-bearing accounts, dividends will be earned daily for each day on which your balance exceeds the minimum balance requirement for your account. The dividend period, compounding frequency and the crediting frequency for all accounts are shown in the Rate Addendum.

Compounding and Crediting. For all dividend-bearing accountsAccounts, dividends will be earned daily for each day on which your Your balance exceeds the minimum balance requirement for your accountYour Account. The For all dividend-bearing Accounts, the dividend periodperiod is Monthly, compounding frequency and the crediting frequency for all accounts are shown in the Rate Addendumdividends will be compounded and credited to Your Account Monthly.

Compounding and Crediting. For all dividend-bearing accountsAccounts, dividends will be earned daily for each day on which your balance exceeds the minimum balance requirement for your accountAccount. You will not be paid any accrued but uncredited dividends at the time you close your Account. The dividend period, compounding frequency and the crediting frequency for all accounts are shown in the “Rate AddendumAddendum and Schedule of Fees and Charges.” Nature of Dividends. Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period.

Compounding and Crediting. For all dividend-bearing accountsAccounts, dividends will be earned daily for each day on which your Your balance equals or exceeds the minimum daily balance requirement for your accountYour Account. The For all dividend-bearing Accounts, the dividend period, compounding frequency period is monthly and the crediting frequency for all accounts are shown in the Rate Addendumdividends will be compounded and credited monthly.