Common use of RULES WHICH APPLY TO SHARE SAVINGS ACCOUNTS Clause in Contracts

RULES WHICH APPLY TO SHARE SAVINGS ACCOUNTS. DIVIDENDS. We are prohibited by law from guaranteeing the payment of dividends or that dividends We do pay will be at the contracted rate. We must base our dividend payments to You on the money We actually earn and that is available for distribution at the end of a dividend period. The dividend rates and annual percentage yields may change at any time, as determined by the credit union board of directors.

Appears in 5 contracts

Samples: Member Share Account Contract, Member Share Account Contract, Member Share Account Contract

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RULES WHICH APPLY TO SHARE SAVINGS ACCOUNTS. DIVIDENDS. We are prohibited by law from guaranteeing the payment of dividends or that dividends We we do pay will be at the contracted rate. We must base our dividend payments to You on you upon the money We we actually earn and that is available for distribution at the end of a dividend period. The dividend rates and annual percentage yields may change at any time, as determined by the credit union board of directors.

Appears in 1 contract

Samples: Member Share Account Contract

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