Interest Compensation. In the event we are liable to you for interest compensation under this Agreement, or applicable law, interest shall be calculated at the average of the federal funds rate published by the Federal Reserve Bank for the period involved; or at such other rate that we may agree to, in writing, from time to time.
Appears in 2 contracts
Samples: Wire Funds Transfer Disclosure Statement, Wire Funds Transfer Disclosure Statement
Interest Compensation. In the event that we are shall be liable to you for interest compensation under this Agreement, Agreement or by applicable law, interest shall be calculated at on the basis of the average of the federal funds Federal Funds rate published by the Federal Reserve Bank for the period involved; or at such other rate . You agree that we may agree tomay, in writingat our sole option, from time pay interest compensation as follows: (1) by lump sum payment of cash, or (2) by providing a credit to timeyour account with us.
Appears in 2 contracts
Samples: Deposit Account Agreement, Deposit Account Agreement
