Common use of Interest Earnings Clause in Contracts

Interest Earnings. Funds that you deposit are subject to withdrawal as stated in the Funds Availability section, above, in Part IV, Section C. Notwithstanding the availability for withdrawal, deposits will begin to earn interest as follows: Method of Deposit: Cash When Interest Will Begin to Accrue: As of date of deposit Method of Deposit: Wire transfers from the Federal Reserve or Automated Clearing House (ACH) transfers When Interest Will Begin to Accrue: As of date of deposit Method of Deposit: Transfers from other Capitol Federal accounts U.S. Savings Bonds When Interest Will Begin to Accrue: As of date of deposit Method of Deposit: Checks (including money orders and traveler’s checks) drawn upon the U.S. Treasury, a Federal Reserve Bank, a Federal Home Loan Bank, the U.S. Postal Service or any other U.S. federal or state chartered financial institution When Interest Will Begin to Accrue: As of the next business day following the day of deposit. Deposits that are received on non business days will be considered received as of the next following business day. Every day is a business day except Saturday, Sunday and federal holidays. Method of Deposit: Checks drawn upon a foreign financial institution (if accepted by us) or any other items that otherwise are not payable on demand When Interest Will Begin to Accrue: When we receive final payment in collected funds

Interest Earnings. Funds that you deposit are subject to withdrawal as stated in the Funds Availability section, above, in Part IV, Section C. Notwithstanding the availability for withdrawal, deposits will begin to earn interest as follows: Method of Deposit: Cash When Interest Will Begin to Accrue: As of date of deposit Method of Deposit: Wire transfers from the Federal Reserve or Automated Clearing House (ACH) transfers When Interest Will Begin to Accrue: As of date of deposit Method of Deposit: Transfers from other Capitol Federal accounts or U.S. Savings Bonds When Interest Will Begin to Accrue: As of date of deposit Method of Deposit: Checks (including money orders and traveler’s checks) drawn upon the U.S. Treasury, a Federal Reserve Bank, a Federal Home Loan Bank, the U.S. Postal Service or any other U.S. federal or state chartered financial institution When Interest Will Begin to Accrue: As of the next business day following the day of deposit. Deposits that are received on non business days will be considered received as of the next following business day. Every day is a business day except Saturday, Sunday and federal holidays. Method of Deposit: Checks drawn upon a foreign financial institution (if accepted by us) or any other items that otherwise are not payable on demand When Interest Will Begin to Accrue: When we receive final payment in collected funds