Common use of Renewal Policy Clause in Contracts

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 Dividends will not be earned during the grace period on funds withdrawn during the grace period. If a Certificate account is not withdrawn within 10 days after it matures, it will automatically renew from its last maturity date unless we give you notice that it will not renew.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. For automatically renewing Certificates, there will be a 10 15-calendar day grace period for withdrawals after maturity, during which time no early withdrawal penalty will apply. Dividends Interest will not be earned during the grace period on funds withdrawn during the grace period. If a Certificate account is not withdrawn within 10 15 days after it matures, it will automatically renew from its last maturity date unless we give you notice that it will not renew.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 15 days after the maturity date, you may visit any office or call Member Services the Credit Union during regular business hours at 1-231-946- 6655, 1.888.288.3261 or 989.754.6575 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.. xxxxxxxxx.xxx. You may make an additional deposit to certificates during the 1015-day grace period unless you choose a new certificate 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. 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 Interest 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 the Member Services during regular business hours Service Center at 1-231-946- 6655, 800.664.3828 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.. XxxxxxxxXxxxx.xxx. You may make an additional deposit to certificates during the 10-10- 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.