Common use of Nature of Dividends Clause in Contracts

Nature of Dividends. All dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Compounding and Crediting. For all dividend-bearing Accounts, dividends will be earned daily for each day on which Your balance exceeds the minimum balance requirement for Your Account. For all Accounts, the dividend period is Monthly, and dividends will be compounded and credited to Your Account Monthly.

Appears in 7 contracts

Samples: Business Agreements and Disclosures, Agreements and Disclosures, Business Agreements and Disclosures

AutoNDA by SimpleDocs

Nature of Dividends. All dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Compounding and Crediting. For all dividend-bearing Accounts, dividends will be earned daily for each day on which Your balance exceeds the minimum balance requirement for Your Account. For all Accounts, the The dividend period is Monthly, and dividends will be compounded and credited to Your Account Monthly.

Appears in 6 contracts

Samples: Membership Agreements, Membership Agreements, Membership Agreements

Nature of Dividends. All dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Compounding and Crediting. For all dividend-bearing Accounts, dividends will be earned daily for each day on which Your balance exceeds the minimum balance requirement for Your Account. For all Accounts, the dividend period is Monthly, and dividends will be compounded and credited to Your Account Monthly.balance

Appears in 5 contracts

Samples: Membership Application & Agreement, Membership Application & Agreement, Membership Application & Agreement

Nature of Dividends. All dividends Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Compounding and Crediting. For all dividend-bearing Accounts, dividends will be earned daily for each day on which Your balance exceeds the minimum balance requirement for Your Account. For all dividend-bearing Accounts, the dividend period is Monthly, Monthly and dividends will be compounded and credited to Your Account Monthly.

Appears in 4 contracts

Samples: Membership Agreements, Agreements and Disclosures, Membership Agreements

Nature of Dividends. All dividends Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Compounding and Crediting. For all dividend-dividend bearing Accounts, dividends will be earned daily for each day on which Your balance exceeds the minimum balance requirement for Your Account. For all dividend bearing Accounts, the dividend period is Monthlymonthly, and dividends will be compounded and credited to Your Account Monthlymonthly.

Appears in 3 contracts

Samples: Membership Agreements, Membership Agreements, Membership Agreements

Nature of Dividends. All dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Compounding and Crediting. For all dividend-dividend bearing Accounts (except Rewards Checking and Protection Plus Checking Accounts), dividends will be earned daily for each day on which Your balance exceeds the minimum balance requirement for Your Account. For all Accounts, the The dividend period is Monthlymonthly, and dividends will be compounded daily and credited to Your Account Monthlymonthly.

Appears in 2 contracts

Samples: Membership Agreements, Membership Agreements

Nature of Dividends. All dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Compounding and Crediting. For all dividend-dividend bearing Accounts, dividends will be earned daily for each day on which Your balance exceeds the minimum balance requirement for Your Account. For all dividend bearing Accounts, the dividend period is Monthlymonthly, and dividends will be compounded and credited to Your Account Monthlymonthly. Accrued, yet uncredited dividends will not be paid at the time You close Your Account.

Appears in 2 contracts

Samples: Business Agreements and Disclosures, Business Agreements and Disclosures

Nature of Dividends. All dividends Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Compounding and Crediting. For all dividend-bearing Accounts, dividends will be earned daily for each day on which Your balance exceeds the minimum balance requirement for Your Account. For all Accounts, the dividend period is Monthly, and dividends will be compounded and credited to Your Account Monthly.balance

Appears in 2 contracts

Samples: Membership Agreements, Membership Agreements

Nature of Dividends. All dividends Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Compounding and Crediting. For all dividend-bearing Accounts, dividends will be earned daily for each day on which Your balance exceeds the minimum balance requirement for Your Account. For all dividend-bearing Accounts, the dividend period is Monthlymonthly, and dividends will be compounded and credited to Your Account Monthlymonthly.

Appears in 2 contracts

Samples: Membership Agreements, Membership Agreements

Nature of Dividends. All dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Compounding and Crediting. For all dividend-bearing Accounts, dividends will be earned daily for each day on which Your balance exceeds the minimum balance requirement for Your Account. For all Accounts, the Such dividend period is Monthly, and dividends will be compounded and credited to Your Account Monthly. You will not be paid any accrued but uncredited dividends at the time You close Your Account.

Appears in 1 contract

Samples: Membership Agreements

Nature of Dividends. All dividends Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Compounding and Crediting. For all dividend-bearing Accounts, dividends will be earned daily for each day on which Your balance exceeds the minimum balance requirement for Your Account. You will not be paid any accrued but uncredited dividends at the time You close Your Account. For all dividend-bearing Accounts, the dividend period is Monthlymonthly, and dividends will be compounded daily and credited to Your Account Monthlymonthly.

Appears in 1 contract

Samples: Business Membership Agreements and Disclosures

Nature of Dividends. All dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Compounding and Crediting. For all dividend-/interest–bearing Accounts, dividends dividends/interest will be earned daily for each day on which Your balance exceeds the minimum balance requirement for Your Account. For all Accounts, the dividend dividend/interest period is Monthlymonthly, and dividends dividends/interest will be compounded and credited to Your Account Monthly.and

Appears in 1 contract

Samples: Arbitration Provision

Nature of Dividends. All dividends Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Compounding and Crediting. For all dividend-dividend bearing Accounts (except for Business Money Market Accounts, dividends will be earned daily for each day on which Your balance exceeds the minimum balance requirement for Your Account. For all Accounts), the dividend period is Monthlyquarterly, and dividends will be compounded and credited to Your Account Monthlyquarterly.

Appears in 1 contract

Samples: Membership Agreements and Disclosures

Nature of Dividends. All dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Compounding and Crediting. For all dividend-bearing Accounts, dividends Dividends will be earned daily for each day on which Your balance exceeds the minimum balance requirement for Your Account. For all AccountsAccounts (except Share Draft and Money Market), the dividend period is Quarterly, and dividends will be compounded and credited to Your Account Quarterly. For Share Draft and Money Market, the dividend period is Monthly, and dividends will be compounded and credited to Your Account Monthly.

Appears in 1 contract

Samples: Agreements and Disclosures

AutoNDA by SimpleDocs

Nature of Dividends. All dividends Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Compounding and Crediting. For all dividend-bearing Accounts, dividends will be earned daily for each day on which Your balance exceeds the minimum balance requirement for Your Account. You will not be paid any accrued but uncredited dividends at the time You close Your Account. For all Accounts, the dividend period is Monthlymonthly, and dividends will be compounded and credited to Your Account Monthlymonthly.

Appears in 1 contract

Samples: Membership and Account Agreements

Nature of Dividends. All dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Compounding and Crediting. For all dividend-bearing Accounts, dividends will be earned daily for each day on which Your balance exceeds the minimum balance requirement for Your Account. For all Accounts, the dividend period is Monthlyquarterly, and dividends will be compounded and credited to Your Account Monthlyquarterly.

Appears in 1 contract

Samples: Membership Agreements

Nature of Dividends. All dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Compounding and Crediting. For all dividend-dividend bearing Accounts, dividends will be earned daily for each day on which Your balance exceeds the minimum balance requirement for Your Account. For all Accounts, the The dividend period is Monthlymonthly, and dividends will be compounded and credited to Your Account Monthlymonthly.

Appears in 1 contract

Samples: Membership Agreements

Nature of Dividends. All dividends Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Compounding and Crediting. For all dividend-bearing Accounts, dividends will be earned daily for each day on which Your balance exceeds the minimum balance requirement for Your Account. For all Accounts, the The dividend period is Monthlymonthly, and dividends will be compounded daily and credited to Your Account Monthlymonthly. You will not receive any accrued, but uncredited dividends at the time You close Your Account.

Appears in 1 contract

Samples: Business Agreements and Disclosures

Nature of Dividends. All dividends Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Compounding and Crediting. For all dividend-bearing Accounts, dividends will be earned daily for each day on which Your balance exceeds the minimum balance requirement for Your Account. For all dividend-bearing Accounts, the dividend period is Monthlyquarterly, and dividends will be compounded quarterly and credited to Your Account Monthlyquarterly.

Appears in 1 contract

Samples: Agreements and Disclosures

Nature of Dividends. All dividends Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Compounding and Crediting. For all dividend/interest-bearing Accounts, dividends dividends/interest will be earned daily for each day on which Your balance exceeds the minimum balance requirement for Your Account. For all dividend/ interest- bearing Accounts, the dividend dividend/interest period is Monthlymonthly, and dividends dividends/interest will be compounded and credited to Your Account Monthlymonthly.

Appears in 1 contract

Samples: Membership Agreements

Nature of Dividends. All dividends Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Compounding and Crediting. For all dividend-dividend bearing Accounts (except Money Market and Share Draft Accounts), dividends will be earned daily for each day on which Your balance exceeds the minimum balance requirement for Your Account. For all Accounts, the dividend period is Monthly, and dividends will be compounded and credited to Your Account Monthly.on

Appears in 1 contract

Samples: Membership Agreements

Nature of Dividends. All dividends Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Compounding and Crediting. For all dividend-bearing Accounts, dividends will be earned daily for each day on which Your balance exceeds the minimum balance requirement for Your Account. For all dividend-bearing Accounts, the dividend period is Monthlyperiod, compounding and dividends will be compounded and credited to Your Account Monthly.crediting frequency are disclosed in the following table:

Appears in 1 contract

Samples: Membership Agreements

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!