Early Withdrawal Penalty. A penalty will be imposed if you withdraw any of the certificate funds before the maturity date, or the renewal date, if this is a renewal account. Withdrawals may affect the principal balance of your certificate.
Appears in 6 contracts
Samples: Membership and Account Agreement, Membership and Account Agreement, Membership and Account Agreement
Early Withdrawal Penalty. A substantial penalty is imposed if Certificate funds, other than interest, are withdrawn prior to the original or subsequent renewal maturity date. If an early withdrawal reduces the principal balance below the original Certificate amount or below the Certificate amount of a subsequent renewal, the Certificate will be canceled, and a forfeiture will be imposed if you withdraw any equal to the value of the certificate funds before the maturity date, or the renewal date, if this is a renewal account. Withdrawals may affect the principal balance of your certificate.ninety
Appears in 2 contracts
Samples: Membership and Account Agreement, Membership and Account Agreement
