Common use of Nature of Dividends Clause in Contracts

Nature of Dividends. Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Variable Rate Information. For all variable-rate Accounts, the dividend rate and APY may change at any time based on the determination of the Credit Union's Board of Directors.

Nature of Dividends. Dividends All dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Variable Rate Information. For all variable-rate Accounts, the dividend rate and APY may change at any time based on the determination of the Credit Union's Board of Directors.

Nature of Dividends. Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Variable Rate Information. For all variable-rate Variable Rate Accounts, the dividend rate and APY may change at any time based on the determination of the Credit Union's Board of Directors.

Nature of Dividends. Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Variable Rate Information. For all variable-rate Accounts, the dividend rate and APY may change at any time based on the determination of Beacon’s ALM committee and confirmed by the Credit Union's Board of Directors.

Nature of Dividends. Dividends All dividend rates are prospective, and are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Variable Rate Information. For all variable-rate Accounts, the dividend rate and APY may change at any time based on the determination of the Credit Union's Board of Directors.

Nature of Dividends. Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Variable Rate Information. For all variable-rate Accounts, the dividend rate and APY may change at any time each dividend period based on the determination of the Credit Union's Board of Directors.

Nature of Dividends. Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Variable Rate Information. For all variable-rate Accounts, the dividend rate and APY may change at any time based on the determination of the Credit Union's Board of Directors.

Nature of Dividends. Dividends All dividend rates are prospective, and are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Variable Rate Information. For all variable-rate Accounts (except Variable-Rate Term Share Certificate Accounts), the dividend rate and APY may change at any time based on the determination of the Credit Union's Board of Directors.