Common use of Deposits Generally Clause in Contracts

Deposits Generally. After you have established your Business Checking Account, you may make additional deposits into that account at any time and in any amount subject to the terms of this Agreement. The account is not transferable except on the Credit Union’s books and records. Your interest in a Business Checking Account cannot be used as collateral for a loan with another financial institution unless we consent in writing and the transfer is reflected in our records. You can make deposits in person, by mail, or by any other method approved by the Credit Union. There is no minimum deposit for your Business Checking Account, but we may, from time to time, establish minimum amounts for deposits in the account.

Appears in 3 contracts

Samples: Business Account Agreement, Business Account Agreement, michiganfirst.com

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Deposits Generally. After you have established your Business Checking Account, you may make additional deposits into that account at any time and in any amount subject to the terms of this Agreement. The account is not transferable except on the Credit Union’s 's books and records. Your interest in a Business Checking Account cannot be used as collateral for a loan with another financial institution unless we consent in writing and the transfer is reflected in our records. You can make deposits in person, by mail, or by any other method approved by the Credit Union. There is no minimum deposit for your Business Checking Account, but we may, may from time to time, time establish minimum amounts for deposits in the account.

Appears in 1 contract

Samples: Account Agreement for Businesses and Other

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Deposits Generally. After you have established your Business Checking Account, you may make additional deposits into that account at any time and in any amount subject to the terms of this Agreement. The account is not transferable except on the Credit Union’s books and records. Your interest in a Business Checking Account cannot be used as collateral for a loan with another financial institution lender unless we consent in writing and the transfer is reflected in our records. You can make deposits in person, by mail, or by any other method approved by the Credit Union. There is no minimum deposit for your Business Checking Account, but we may, may from time to time, time establish minimum amounts for deposits in the account.

Appears in 1 contract

Samples: www.4frontcu.com

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