Common use of Rate Information Clause in Contracts

Rate Information. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. For all accounts, the Dividend Rate and Annual Percentage Yield may change at any time as determined by the Credit Union’s Board of Directors. The Dividend Rates and Annual Percentage Yields are the rates and yield as of the last dividend declaration date, which is set forth in the “Rate Addendum and Schedule of Fees and Charges.”

Appears in 7 contracts

Samples: Master Account Agreement, Master Account Agreement, Master Account Agreement

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Rate Information. The For dividend bearing accounts, the Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. For all accounts, the The Dividend Rate and Annual Percentage Yield may change at any time (excluding share certificate accounts) as determined by the Credit Union’s Board of Directors. The Dividend Rates and Annual Percentage Yields are the rates and yield as of the last effective dividend declaration date, which is set forth in the “Rate Addendum and Schedule of Fees and Charges.”

Appears in 2 contracts

Samples: Master Account Agreement, Master Business Account Agreement

Rate Information. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends interest to be paid on an account based on the dividend interest rate and frequency of compounding for an annual period. For all accounts, the Dividend Rate interest rate and Annual Percentage Yield may change at any time as determined by annual percentage yield is based on an assumption that interest will remain on deposit until maturity. A withdrawal of interest will reduce earnings. Additionally, the Credit Union’s Board of Directors. The Dividend Rates interest rate and Annual Percentage Yields annual percentage yield are fixed and will be in effect for the rates and yield as initial term of the last dividend declaration date, which is set forth in the “Rate Addendum and Schedule of Fees and Chargesaccount.

Appears in 1 contract

Samples: Membership and Account Agreement

Rate Information. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. For all accounts, the Dividend Rate dividend rate and Annual Percentage Yield may change at any time monthly as determined by the Credit Union’s 's Board of Directors. The Dividend Rates and Annual Percentage Yields are the prospective rates and yield as of yields that the last Credit Union anticipates paying for the applicable dividend declaration date, which is set forth in the “Rate Addendum and Schedule of Fees and Chargesperiod.

Appears in 1 contract

Samples: Business Membership Account Agreement

Rate Information. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. For all accounts, the Dividend Rate and Annual Percentage Yield may change at any time monthly as determined by the Credit Union’s Board of Directors. The Dividend Rates and Annual Percentage Yields are the prospective rates and yield as of yields that the last Credit Union anticipates paying for the applicable dividend declaration date, which is set forth in the “Rate Addendum and Schedule of Fees and Chargesperiod.

Appears in 1 contract

Samples: Membership and Account Agreement

Rate Information. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. For all accounts, the Dividend Rate and Annual Percentage Yield may change at any time as determined by the Credit Union’s Board of Directors. The Dividend Rates and Annual Percentage Yields are the rates and yield as of the last dividend declaration date, which is set forth in the “Rate Addendum and Schedule of Fees and Charges.

Appears in 1 contract

Samples: Membership & Account Agreement

Rate Information. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. For all accounts, the Dividend Rate and Annual Percentage Yield may change at any time as determined by are fixed and will be in effect for the Credit Union’s Board initial term of Directorsthe account. The Dividend Rates and For accounts subject to dividend compounding, the Annual Percentage Yields are the rates and yield as Yield is based on an assumption that dividends will remain on deposit until maturity. A withdrawal of the last dividend declaration date, which is set forth in the “Rate Addendum and Schedule of Fees and Chargesdividends will reduce earnings.

Appears in 1 contract

Samples: Membership and Account Agreement

Rate Information. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. For all Savings, Club and Escrow Savings, and Silver Money Market accounts, the Dividend Rate and Annual Percentage Yield may change at any time monthly as determined by the Credit Union’s Board of Directors. The Dividend Rates and Annual Percentage Yields are the rates and yield as of the last dividend declaration date, which is set forth in the Rate Addendum and Schedule of Fees and Charges.

Appears in 1 contract

Samples: Master Account Agreement

Rate Information. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. For all accounts, the Dividend Rate and Annual Percentage Yield may change at any time as determined by the Credit Union’s Board of Directors. The Dividend Rates and Annual Percentage Yields are the prospective rates and yield as of yields that the last dividend declaration date, which is set forth in the “Rate Addendum and Schedule of Fees and Charges.”Credit Union

Appears in 1 contract

Samples: Membership and Account Agreement

Rate Information. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding compound- ing for an annual period. For all accounts, the Dividend Rate and Annual Percentage Yield may change at any time as determined by the Credit Union’s Board of Directors. The Dividend Rates and Annual Percentage Yields are the rates and yield as of the last dividend declaration date, which is set forth in the “Rate Addendum and Schedule of Fees and Charges.”determined

Appears in 1 contract

Samples: Member Account Agreements

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Rate Information. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends Dividends to be paid on an account based on the dividend Dividend rate and frequency of compounding for an annual period. For all accounts, the The Dividend Rate and Annual Percentage Yield for Checking accounts may change monthly at any time as determined by the discretion of the Credit Union’s Board of Directors. The Dividend Rates and Annual Percentage Yields are the rates and yield as of the last dividend declaration date, which is set forth in the “Rate Addendum and Schedule of Fees and Charges.

Appears in 1 contract

Samples: Membership and Account Agreement

Rate Information. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends Dividends to be paid on an account based on the dividend rate Dividend Rate and frequency of compounding for an annual period. For all accounts, the The Dividend Rate and Annual Percentage Yield may change monthly at any time as determined by the discretion of the Credit Union’s Board of Directors. The Dividend Rates and Annual Percentage Yields are the rates and yield as of the last dividend declaration date, which is set forth in the “Rate Addendum and Schedule of Fees and Charges2.

Appears in 1 contract

Samples: Membership and Account Agreement

Rate Information. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. For all accounts, the Dividend Rate and Annual Percentage Yield may change at any time as determined by are fixed and will be in effect for the Credit Union’s Board term of Directorsthe account. The Dividend Rates and Annual Percentage Yields Yield and the Dividend Rate assume that dividends are the rates and yield as added to principal; any withdrawal of the last dividend declaration date, which is set forth in the “Rate Addendum and Schedule of Fees and Chargesdividends prior to maturity will reduce earnings.

Appears in 1 contract

Samples: Share Certificate Agreement

Rate Information. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the a dividend rate and frequency of compounding for an annual period. For all accounts, accounts the Dividend Rate and Annual Percentage Yield may change at any time monthly as determined by the Credit Union’s Board of Directors. The Dividend Rates and Annual Percentage Yields are the prospective rates and yield as of yields that the last Credit Union anticipates paying for the applicable dividend declaration date, which is set forth in the “Rate Addendum and Schedule of Fees and Chargesperiod.

Appears in 1 contract

Samples: Account Agreement

Rate Information. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. For all accountsMembership/Primary Share, Christmas Club, and Other Share accounts the Dividend Rate dividend rate and Annual Percentage Yield annual percentage yield may change at any time as determined by the Credit Union’s Board of Directors. The Dividend Rates and Annual Percentage Yields are the rates and yield as of the last dividend declaration date, which is set forth in the “Rate Addendum and Schedule of Fees and Charges.”Credit

Appears in 1 contract

Samples: Membership and Account Agreement

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