Exceptions to Early Withdrawal Penalties. At our option, we may pay the account before maturity without imposing an early withdrawal penalty under the following circumstances:
Exceptions to Early Withdrawal Penalties. At our option, we may pay the account before maturity without imposing an early withdrawal penalty under the following circumstances: When an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction. Where the account is an Individual Retirement Account (IRA) and any portion is paid within seven (7) days after the establishment; or where the account is a Xxxxx Plan (Xxxxx) provided that the depositor forfeits an amount of at least equal to the simple dividends earned in the amount withdrawn; or where the account is an IRA or Xxxxx and the owner attains age 59 ½ or becomes disabled. After the close of the dividend period in which the owner’s membership was terminated in accordance with the Bylaws of the Credit Union. Withdrawal as a result of liquidation of the Credit Union.
Exceptions to Early Withdrawal Penalties. At our option, we may pay the account before maturity without imposing an early withdrawal penalty under the following circumstances: When an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction. Where the account is an IRA and any portion is paid within seven (7) days after the establishment; and the owner attains age 59 ½ or becomes disabled. After the close of the dividend period in which the owner’s membership was terminated in accordance with the Bylaws of the Credit Union. Withdrawal as a result of liquidation of the Credit Union.
Exceptions to Early Withdrawal Penalties. At our option, we may pay the account before maturity without imposing an early withdrawal penalty when an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction. Transaction Limitations: Additional deposits are allowed during the term of this certificate. Each $25 addition during a monthly period will entitle certificate owner to one entry (up to 10 entries per month) into a savings raffle. The Savings Promotion Raffle begins on January 1, of each year and ends December 31, of each year, however certificates will mature the January 1 following the account opening. Official account and prize entry rules can be found online at xxx.xxxxxxxxx.xxx and provided upon opening certificate. You must make a deposit at least once every three (3) months throughout the term of your certificate or your certificate may be subject to closure due to inactivity and the funds in your Save To Win Certificate will be transferred to your Classic Saving Account.
Exceptions to Early Withdrawal Penalties. At our option, we may pay the account before maturity without imposing an early withdrawal penalty under the following circumstances: when an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction. Where the account is an Individual Retirement Account (IRA) and any portion is paid within seven (7) days after establishment or where the account is an IRA and the owner is in required minimum distribution (RMD) or becomes disabled and begins making periodic withdrawals.
Exceptions to Early Withdrawal Penalties. An STC may be cancelled without penalty during the grace period, which is the seven calendar days following an automatic renewal. If you choose to cancel the STC during the grace period, the STC will earn interest for the days from the renewal until the cancellation at the share account rate. You can make one partial deposit to or withdrawal from an STC during the seven-day grace period without penalty. FUNDS AVAILABILITY POLICY DISCLOSURE THIS DISCLOSURE DESCRIBES YOUR ABILITY TO WITHDRAW FUNDS AT THE CREDIT UNION. YOU SHOULD ALSO REFER TO THE SECTION OF THESE AGREEMENTS AND DISCLOSURES THAT DESCRIBES THE DETAILS OF YOUR SPECIFIC ACCOUNT TYPE FOR ADDITIONAL INFORMATION.
Exceptions to Early Withdrawal Penalties. At our option, we may pay the account before maturity without imposing an early withdrawal penalty under the following circumstances: When an account owner dies. RENEWAL POLICY. Your account is an automatically renewable account if indicated above. NONTRANSFERABLE/NONNEGOTIABLE. Your account is nontransferable and nonnegotiable. The funds in your account may not be pledged to secure an obligation of any owner, except obligations with UCU. The Dividend Rate and Annual Percentage Yield on our Savings Certificate or IRA Certificate accounts are the rate and yield that were offered within the most recent seven calendar days and are accurate as of the date indicated above. Please call 000-000-0000 to obtain current information. The rates and yields appearing on the dividend schedule are accurate and effective for accounts as of the date indicated. If you have any questions or require current rate information on your account, please call UCU. KASASA® CASH & KASASA® SAVER TRUTH-IN-SAVINGS ACCOUNT DISCLOSURE Your Kasasa Cash Account Your Kasasa Saver Account With an average daily balance of: What you get: With an average daily balance of: What you get: Dividend Rate APY** ATM Fee Refunds*** Dividend Rate APY** ATM Fee Refunds*** If qualifications are not met* All balances 0.05% 0.05% None All balances 0.05% 0.05% None If qualifications are met* (with your Kasasa Cash account) Have at least 12 point-of-sale transactions post and clear Receive and review your monthly statement electronically Have at least 1 ACH transaction or 1 direct deposit post and clear Access Home Banking at least once Portion up to $10,000 1.49% 1.50% Up to $25 Portion up to $15,000 0.750% 0.75% None Portion over $10,000 0.15% 0.15% Portion over $15,000 0.15% 0.15% None Your rewards All rewards from Kasasa Cash are transferred into Kasasa Saver after your monthly qualification cycle. No monthly maintenance fee and no minimum balance requirement to earn rewards. Available on personal accounts, used for personal, family or household purposes only. Limit one Kasasa checking account per prime member and per primary account. When the Kasasa Cash qualifications are met, the interest rate on your account and corresponding annual percentage yield will be tiered. If your average daily balance in your Kasasa Cash account is $10,000.00 or less, the interest rate paid on the entire balance will be 1.49% with an annual percentage yield of 1.50%. An interest rate of 0.15% with an annual percentage y...
Exceptions to Early Withdrawal Penalties. At our option, we may pay the share certificate before maturity without imposing an early withdrawal penalty under the following circumstances: When a share certificate owner dies or is determined legally incompetent by a court or other body of competent jurisdiction. After the close of the dividend period in which the owner’s membership was terminated in accordance with the Bylaws of the Credit Union. Withdrawal as a result of liquidation of the Credit Union.
Exceptions to Early Withdrawal Penalties. At our option, we may allow an early withdrawal before maturity without imposing an early withdrawal penalty as follows: • When a Certificate owner dies or is determined legally incompetent by a court or other body of competent jurisdiction, • When the Certificate is an IRA Share Certificate and any portion is paid within seven (7) calendar days after establish- ment, or • If the account owner becomes disabled. For IRA Share Certificates opened under a Traditional IRA Plan—the early withdrawal penalty is waived for partial withdrawals made after the age of 70 1/2 to permit the Required Minimum Distributions for a Traditional IRA. Any withdrawals, partial or full, made prior to attaining the age of 70 1/2 are subject to the early withdrawal penalties explained above. NON-TRANSFERABLE/NON-NEGOTIABLE Your Certificate is non-transferable and non-negotiable. The funds in your Certificate may not be pledged to secure any obligation of an account owner, except obligations with the Credit Union. IRA Share Certificates may not be pledged as collateral to secure a loan. DEPOSIT REQUIREMENTS Funds may be deposited to any account in any manner approved by the Credit Union in accordance with the requirements set forth in this or other service agreements. All accounts are non-assignable and non-negotiable to third parties.
Exceptions to Early Withdrawal Penalties. At our op- tion, we may pay the account before maturity without imposing an early withdrawal penalty under the following circumstances: when an account owner dies or is determined legally incompe- tent by a court or other body of competent jurisdiction.
