Common use of Rate Information and Nature of Dividends Clause in Contracts

Rate Information and Nature of Dividends. This is a tiered variable rate account on which the dividend rate and Annual Percentage Yield (APY) may change every month as determined by the Credit Union. Rate changes are solely at the discretion of the Credit Union and there are no limitations on the amount the rate may change. Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period. Refer to our current Investment Rates schedule for the current anticipated dividend rate and Annual Percentage Yield (APY).

Appears in 1 contract

Samples: Membership and Account Agreement

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Rate Information and Nature of Dividends. This is a tiered variable rate account on which the dividend rate and Annual Percentage Yield (APY) may change every month as determined by the Credit Union. Rate changes are solely at the discretion of the Credit Union and there are no limitations on the amount the rate may change. Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period. Refer to our current Investment Rates schedule for the current anticipated dividend rate and Annual Percentage Yield (APY).

Appears in 1 contract

Samples: Sole Proprietorship Membership and Account Agreement

Rate Information and Nature of Dividends. This is a tiered variable rate account on which the dividend rate and Annual Percentage Yield (APY) may change every month as determined by the Credit Union. Rate changes are solely at the discretion of the Credit Union and there are no limitations on the amount the rate may change. Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period. Refer to our current Investment Rates schedule for the current anticipated dividend rate and Annual Percentage Yield (APY).to

Appears in 1 contract

Samples: Sole Proprietorship Membership and Account Agreement

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Rate Information and Nature of Dividends. This is a These are tiered variable rate account accounts on which the dividend rate and Annual Percentage Yield (APY) may change every month as determined by the Credit Union. Rate All rate changes are solely at the discretion of the Credit Union and there are no limitations on the amount the rate may change. Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period. Refer to our current Investment Rates schedule for the current anticipated dividend rate and Annual Percentage Yield (APY).

Appears in 1 contract

Samples: Membership and Account Agreement

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