Minimum Balance Requirement. The minimum balance requirement for deposit accounts varies depending on currency and term. Details are available on request. Interest may not be earned if the balance falls below this minimum. Overdrafts are not permitted without the prior approval of the Bank. Creation of an overdraft (created by settlement of a trade or otherwise) in relation to an account does not indicate approval by the Bank.
Minimum Balance Requirement. In the event the remaining balance on the trading account falls below $0.01, it will be written off the account.
Minimum Balance Requirement. There is no minimum balance.
Minimum Balance Requirement. Current Accounts may be subject to a minimum balance requirement as decided by the Bank. If the minimum balance falls below the limit decided by the Bank. In addition, the Custom- er’s current account shall be debited with maintenance charges, as published. The Bank shall return cheques which have not been honored and other posting media back to the Customer through ordinary or registered post, or any other means as the Bank deems fit, to the last given address, and the Bank shall not be liable for any losses due to postal errors, thefts or for any other liability which may arise in connection with this service to the Customer. Subject to any minimum balance requirement, interest may at the Bank’s absolute discre- tion, be payable on the Customer’s Account(s) balance(s) in accordance with the Bank’s prevailing rates, to be computed on the basis of the daily balance, and paid monthly.
Minimum Balance Requirement. Call accounts shall be subject to a minimum balance requirement as decided by the Bank and in accordance with the prevailing rates for call accounts.
Minimum Balance Requirement. Current Accounts may be subject to a minimum balance requirement as decided by the Bank. If the minimum balance falls below the limit decided by the Bank, the Customer’s current account shall be debited with maintenance charges, as published. - “The Bank shall return cheques which have not been honoured and other posting media back to the Customer through ordinary or registered post, or any other means as the Bank deems fit, to the last given address, and the Bank shall not be liable for any losses due to postal errors, thefts or for any other liability which may arise in connection with this service to the Customer”. - “subject to any minimum balance requirement, interest may at the Bank’s absolute discretion, be payable on the Customer’s Account(s) balance(s) in accordance with the Bank’s prevailing rates, to be computed on the basis of the daily balance, and paid monthly”.
Minimum Balance Requirement. There is no minimum balance requirement for this Account. Average Daily Balance Computation Method Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in the Account for the period. The average daily balance is calculated by adding the balance in the Account for each day of the period and dividing that figure by the number of days in the period. The period we use is the monthly statement cycle. Dividends will begin to accrue on the business day you deposit noncash items (for example, checks) to your Account..
Minimum Balance Requirement. From time to time, the Credit Union will establish a minimum balance required to open a Certificate. Refer to our Rate Schedule for information about the current minimum balance requirements. You must also maintain a minimum balance of $100.00 in your Business Savings Account to maintain membership and to maintain a Certificate.
Minimum Balance Requirement. A minimum deposit of $1,000 is required to open a regular or IRA certificate. This minimum may change for some promotional certificates offered, at the Credit Union’s discretion. The minimum deposit must also be maintained in order for the account to remain open and earn the rate of interest stated. If any withdrawals should reduce the principal balance below the minimum required, the account will be closed and funds will (1) be transferred to the regular savings account of the owner, or (2) if the owner no longer has a regular savings account, the balance will be paid to the owner by check.
Minimum Balance Requirement. A minimum balance of $5.00 is required in a regular savings account to obtain a card or access device.
