Common use of How Withdrawals Affect Dividends Clause in Contracts

How Withdrawals Affect Dividends. Even though we don't credit your dividends to your account until the date specified above, we calculate them on a daily basis. Therefore, if you make a withdrawal, you won't receive any further dividends on the withdrawn amount from the day you make the withdrawal until the day that dividends are credited. Funds Availability. Funds from deposits you make into your Savings Account may not always be immediately available for withdrawal. You will be informed of availability at the time of deposit. Our general policy is to delay the availability of your check deposits until the fifth (5th) business day after the business day of your deposit.

Appears in 3 contracts

Samples: Membership/Account Agreement, Membership/Account Agreement, Membership/Account Agreement

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How Withdrawals Affect Dividends. Even though we don't credit your dividends to your account until the date specified above, we calculate them on a daily basis. Therefore, if you make a withdrawal, you won't receive any further dividends on the withdrawn amount from the day you make the withdrawal until the day that dividends are credited. Funds Availability. Funds from deposits you make into your My Future Savings Account may not always be immediately available for withdrawal. You will be informed of availability at the time of deposit. Our general policy is to delay the availability of your check deposits until the fifth (5th) business day after the business day of your deposit.

Appears in 3 contracts

Samples: Membership/Account Agreement, Membership/Account Agreement, Membership/Account Agreement

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