Common use of Rate Information Clause in Contracts

Rate Information. This Account is an interest-bearing account. The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account at any time. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). Interest will be compounded daily and will be credited to the account monthly.

Appears in 7 contracts

Samples: Deposit Account Agreement, Deposit Account Agreement, Deposit Account Agreement

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Rate Information. This Account is an interest-bearing account. The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account at any time. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). Interest will be compounded daily and will be credited to the account monthly.account

Appears in 6 contracts

Samples: Commercial Deposit Account Agreement, Commercial Deposit Account Agreement, Commercial Deposit Account Agreement

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Rate Information. This Account account is an interest-interest bearing account. The interest rate and annual percentage yield will depend upon the daily balance are included in the account as shown on the Rate Chart. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account at any time. Interest begins to accrue no later than on the business day we receive credit for the you deposit of noncash items (for example, checks). Interest interest will be compounded daily quarterly and will be credited to the account monthlyquarterly.

Appears in 2 contracts

Samples: Terms and Conditions, Terms and Conditions

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