Common use of MONTH SAVINGS PERIOD Clause in Contracts

MONTH SAVINGS PERIOD. After twelve (12) consecutive months of savings, an account holder may continue participation in WSA for a subsequent twelve (12) month savings period. During the anniversary month of account opening (month 13), an account holder may do any of the following, penalty-free: roll over some or all of the funds into a certificate of deposit or other savings product offered by the credit union or otherwise withdrawal some of the saved funds. Any roll-over balance that remains at the end of the anniversary month will be treated as a new deposit for eligibility into applicable prize pools for the subsequent twelve (12) month savings period.

MONTH SAVINGS PERIOD. After twelve (12) consecutive months of savings, an account holder may continue participation in WSA for a subsequent twelve (12) month savings period. During the anniversary month of account opening (month 13), an account holder may do any of the following, penalty-freepenalty‐free: roll over some or all of the funds into a certificate of deposit or other savings product offered by the credit union or otherwise withdrawal some of the saved funds. Any roll-over roll‐over balance that remains at the end of the anniversary month will be treated as a new deposit for eligibility into applicable prize pools for the subsequent twelve (12) month savings period.

MONTH SAVINGS PERIOD. After twelve (12) consecutive months of savings, an account holder may continue participation in WSA for a subsequent twelve (12) month savings period. During the anniversary month of account opening (month 13), an account holder may do any of the following, penalty-free: roll over rollover some or all of the funds into a share certificate of deposit or other savings product offered by the credit union or otherwise withdrawal some of the saved funds. Any roll-over rollover balance that remains at the end of the anniversary month will be treated as a new deposit for eligibility into applicable prize pools for the subsequent twelve (12) month savings period.