Renewal Policy. The renewal policy for your accounts is stated in the Rate Schedule. For accounts that automatically renew for another term, you have a grace period of seven (7) days after maturity in which to withdraw funds in the account without being charged an early withdrawal penalty.
Renewal Policy. Unless you otherwise instruct us, your certificate account will automatically renew at maturity. You will have a grace period as indicated above after the maturity date to withdraw the funds in the account without being charged an early withdrawal penalty.
Renewal Policy. The Credit Union will give the owners at least 15 days’ notice prior to maturity. The owners will be able to choose how the certificate will be treated at maturity. The certificate will be renewed for the same term at the rate in effect if no instructions are received from the owner before the maturity date. You have a grace period of ten (10) calendar days after maturity in which to add or withdraw funds in the account without penalty and to change the term length of the certificate.
Renewal Policy. Your CD will not automatically renew at maturity. At maturity, the balance of your CD will be deposited directly into your Primary Savings.
Renewal Policy. For all accounts, your account will not automatically renew, but you may renew the account at your option. Dividends will not be paid after maturity. The balance will be transferred to another account of yours. Non-transferable/Non-negotiable. Your account is non-transferable and non- negotiable. The funds in your account may not be pledged to secure any obligations of an owner, except obligations with the Credit Union. FUNDS AVAILABILITY POLICY DISCLOSURE THIS DISCLOSURE DESCRIBES YOUR ABILITY TO WITHDRAW FUNDS AT THE CREDIT UNION. YOU SHOULD ALSO REFER TO THE SECTION OF THESE AGREEMENTS AND DISCLOSURES THAT DESCRIBES THE DETAILS OF YOUR SPECIFIC ACCOUNT TYPE FOR ADDITIONAL INFORMATION. General Policy. Our policy is to make funds from your check deposits available to you on the next business day after the day that we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once they are available, you can withdraw the funds and we will use the balance of available funds to pay checks that you have written. For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. If you make a deposit before closing on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit after closing or on a day we are not open, we will consider that the deposit was made on the next business day we are open.
Renewal Policy. Unless you have provided alternate Certificate instructions, your Certificate will automatically renew at the rate current at that time for the same Certificate term. You will have a grace period of seven days after renewal to withdraw the funds without being charged a penalty. Dividends will not be paid on the amount withdrawn during the seven-day grace period. A substantial penalty is imposed if any funds, other than the last dividends paid, are withdrawn from the Certificate prior to the maturity date. If the dividend is not sufficient to cover the penalty, the principal amount will be reduced to cover this amount. The penalties are as follows:
Renewal Policy. For automatically renewing Certificates, there will be a 10 calendar day grace period for withdrawals after maturity, during which time no early withdrawal penalty will apply. Dividends will not be earned during the grace period on funds withdrawn during the grace period. If a Certificate account is not withdrawn within 10 days after it matures, it will automatically renew from its last maturity date unless we give you notice that it will not renew. Renewed certificates will be reinvested in another Certificate of equal term at the interest rate and APY in effect on the date of maturity and renewal. The Credit Union shall determine the interest rate for the renewed Certificate on or before maturity, and that information will be available upon maturity prior to renewal. Within 10 days after the maturity date, you may visit any office or call Member Services during regular business hours at 1-231-946- 6655, to find out the interest rate and APY that will apply to the Certificate if it is renewed. You can also find current Certificate rates online at xxx.xxxxxx.xxx.. You may make an additional deposit to certificates during the 10-day grace period unless you choose a new certificate with a different length of maturity. All other terms and conditions, including the term length of the Certificate, shall be the same as the previous Certificate unless the Credit Union shall, prior to renewal, give written notice of a change in such terms and conditions.
Renewal Policy. Your CD will automatically renew at maturity. You will have a grace period of ten (10) business days after the maturity date to withdraw the funds in the CD without being charged an early withdrawal penalty. If at maturity your CD type is set to not renew, the CD will be closed and the funds transferred to your savings account or other account designated by you. If the CD type is no longer being offered, the CD will renew for the next shorter term.
Renewal Policy. Your Flex Rate CD will automatically renew at maturity. You will have a grace period of ten (10) business days after the maturity date to withdraw the funds in the CD without being charged an early withdrawal penalty. If at maturity your CD type is no longer offered, the CD will be closed and the funds transferred to your savings account or other account designated by you.
Renewal Policy. The renewal policy for your accounts is stated in the Rate Schedule, provided your account is in good standing. For accounts that automatically renew for another term you have a grace period of ten (10) days after maturity in which to withdraw funds in the account without being charged an early withdrawal penalty. Nontransferable/Nonnegotiable. Your account is nontransferable and nonnegotiable.
