Common use of Inactive or Dormant Accounts Clause in Contracts

Inactive or Dormant Accounts. If your account falls below any applicable minimum balance or you have not made any Transactions within a one-year period of time, we may classify your account(s) as inactive. An account is generally only considered dormant when an applicable State law requires such classification (i.e., dormant or abandoned). Although having no obligation to do so, we reserve the right to not classify a particular account as either inactive or dormant if any owner thereof has other active accounts or services with us. You may be charged fees as set forth in the Schedule for inactivity, which is generally the failure to transact any business on an account for the period set forth in the Schedule. Unless specifically prohibited by applicable law, we may also charge a service fee set forth on the Rate and Fee Schedule for processing your dormant account (“Abandoned Property / Dormancy Processing Fee”) unless prohibited by applicable law; we further reserve the right to transfer your dormant account funds to a general Credit Union account and to suspend any further account statements.

Inactive or Dormant Accounts. If your account falls below any applicable minimum balance or you have not made any Transactions transactions within a one-year the period of timetime specified in the Schedule, we may classify your account(s) as inactive. An account is generally only considered dormant when an applicable State law requires such classification (i.e., dormant or abandoned). Although having no obligation to do so, we reserve the right to not classify a particular account as either inactive or dormant if any owner thereof has other active accounts or services with us. You may be charged fees as set forth in the Schedule for inactivity, which is generally the failure to transact any business on an account for the period set forth for in the Schedule. Unless specifically prohibited by applicable law, we may also charge a service fee set forth on the Rate and Fee Schedule for processing your dormant account (“Abandoned Property / Dormancy Processing Fee”) unless ). Unless prohibited by applicable law; , we further reserve the right to transfer your dormant account funds to a general Credit Union account and to suspend any further account statements.

Inactive or Dormant Accounts. If your account falls below any applicable minimum balance or you have not made any Transactions within a one-year the period of timetime specified in the Schedule, we may classify your account(s) as inactive. An account is generally only considered dormant when an applicable State law requires such classification (i.e., i.e. dormant or abandoned). Although having no obligation to do so, we reserve the right to not classify a particular account as either inactive or dormant if any owner thereof has other active accounts or services with us. You may be charged fees as set forth in the Schedule for inactivity, which is generally the failure to transact any business on an account for the period set forth for in the Schedule. Unless specifically prohibited by applicable law, we may also charge a service fee set forth on the Rate and Fee Schedule for processing your dormant account (“Abandoned Property / Dormancy Processing Fee”) unless ). Unless prohibited by applicable law; , we further reserve the right to transfer your dormant account funds to a general Credit Union account and to suspend any further account statements.

Inactive or Dormant Accounts. If your account falls below any applicable minimum balance or you have not made any Transactions within a one-year the period of timetime specified in the Schedule, we may classify your account(s) as inactive. An account is generally only considered dormant when an applicable State law requires such classification (i.e., dormant or abandoned). Although having no obligation to do so, we reserve the right to not classify a particular account as either inactive or dormant if any owner thereof has other active accounts or services with us. You may be charged fees as set forth in the Schedule for inactivity, which is generally the failure to transact any business on an account for the period set forth for in the Schedule. Unless specifically prohibited by applicable law, we may also charge a service fee set forth on the Rate and Fee Schedule for processing your dormant account (“Abandoned Property / Dormancy Processing Fee”) unless ). Unless prohibited by applicable law; , we further reserve the right to transfer your dormant account funds to a general Credit Union account and to suspend any further account statements.

Inactive or Dormant Accounts. If your account falls below any applicable minimum balance or you have not made any Transactions within a one-year the period of timetime specified in the Schedule, we may classify your account(s) as inactive. An account is generally only considered dormant when an applicable State law requires such classification (i.e., dormant or abandoned). Although having no obligation to do so, we reserve the right to not classify a particular account as either inactive or dormant if any owner thereof has other active accounts or services with us. You may be charged fees as set forth in the Schedule for inactivity, which is generally the failure to transact any business on an account for the period set forth in the Schedule. Unless specifically prohibited by applicable law, we may also charge a service fee set forth on the Rate and Fee Schedule for processing your dormant account (“Abandoned Property / Dormancy Processing Fee”) unless ). Unless prohibited by applicable law; , we further reserve the right to transfer your dormant account funds to a general Credit Union account and to suspend any further account statements.

Inactive or Dormant Accounts. If your account falls below any applicable minimum balance or you have not made any Transactions within a one-year the period of timetime specified in the Schedule, we may classify your account(s) as inactive. An account is generally only considered dormant when an applicable State law requires such classification (i.e., dormant or abandoned). Although having no obligation to do so, we reserve the right to not classify a particular account as either inactive or dormant if any owner thereof has other active accounts or services with us. You may be charged fees as set forth in the Schedule for inactivity, which is generally the failure to transact any business on an account for the period set forth in the Schedule. Unless specifically prohibited by applicable law, we may also charge a service fee set forth on the Rate and Fee Schedule for processing your dormant account (“Abandoned Property / Dormancy Processing Fee”) unless ). Unless prohibited by applicable law; , we further reserve the right to transfer your dormant account funds to a general Credit Union account and to suspend any further account statements.statements.‌

Inactive or Dormant Accounts. If your account falls below any applicable minimum balance or you have not made any Transactions within a one-year the period of timetime specified in the Schedule, we may classify your account(s) as inactive. An account is generally only considered dormant when an applicable State law requires such classification (i.e., dormant or abandoned). Although having no obligation to do so, we reserve the right to not classify a particular account as either inactive or dormant if any owner thereof has other active accounts or services with us. You may be charged fees as set forth in the Schedule for inactivity, which is generally the failure to transact any business on an account for the period set forth for in the Schedule. Unless specifically prohibited by applicable law, we may also charge a service fee set forth on the Rate and Fee Schedule for processing your dormant account (“Abandoned Property / Dormancy Processing Fee”) unless ). Unless prohibited by applicable law; , we further reserve the right to transfer your dormant account funds to a general Credit Union account and to suspend any further account statements.