Common use of Minimum Balance and Deposit Requirements Clause in Contracts

Minimum Balance and Deposit Requirements. The minimum balance required to open and maintain a Certificate Account is set forth on the Deposit Rate Sheet. You must maintain this minimum daily balance in your Certificate Account each day to obtain the disclosed APYand toavoidaccount closure. The Certificate Account will be closed if the balance falls below the minimum balance required set forth on the Deposit Rate Sheet. You must maintain this minimum daily balance in your Certificate Account each day to obtain the disclosed APY and to avoid account closure. If during any day your Certificate Account balance falls below the required minimum, your Certificate Account will be subject to closure. Although credited dividends may be withdrawn or transferred at any time without the assessment of an early withdrawal penalty, the disclosed APY assumes that dividends will remain in the Certificate Account until the Maturity Date. An early withdrawal will reduce earnings.

Minimum Balance and Deposit Requirements. The minimum balance required to open and maintain a Certificate Account is as set forth on the Deposit Rate Rates Sheet. You must maintain this minimum daily balance in your Certificate Account each day to obtain the disclosed APYand toavoidaccount APY and to avoid account closure. The Certificate Account will be closed if the balance falls below the minimum balance required set forth on the Deposit Rate Rates Sheet. You must maintain this minimum daily balance in your Certificate Account each day to obtain the disclosed APY and to avoid account closure. If during any day your Certificate Account balance falls below the required minimum, your Certificate Account will be subject to closure. Although credited dividends may be withdrawn or transferred at any time without the assessment of an early withdrawal penalty, the disclosed APY assumes that dividends will remain in the Certificate Account until the Maturity Date. An early withdrawal will reduce earnings.