Share Certificate Accounts. Share Certificate accounts have stated maturity dates, and funds in those accounts are subject to early withdrawal penalties if funds are withdrawn prior to the maturity date. Exact terms of the particular account will be provided at the time of account opening. If you maintain sufficient funds in the account for the full term in accordance with your agreements, at the end of the term we will pay you the principal amount you deposited, plus dividends on account earnings in accordance with this Agreement. If you withdraw all or part of your funds from this type of account before the certificate account matures, we will charge you an early withdrawal penalty. That penalty is generally deducted from the dividend that has accrued on the account but may be deducted from the principal, particularly if a sufficient amount of dividend to pay the penalty has not accrued. We may at our sole discretion grant you permission to withdraw funds early; if such permission is granted, it will be granted only at the time you request an early withdrawal.
Share Certificate Accounts. Except as specifically described, the following disclosures apply to all of the accounts. All accounts described in this Truth-in-Savings Disclosure are share accounts.
Share Certificate Accounts. Any share certificate or certificate account allowed by state law, which we offer is subject to the terms of this Agreement, the Truth-in-Savings Disclosure, and Account Deposit Receipt for each account, the terms of which are incorporated herein by reference
Share Certificate Accounts. Partners Federal Credit Union’s share certificate accounts let you deposit your money for a specified period of time. Our share certificate accounts are: Certificate, Bump Certificate, College Saver Certificate, Starter Certificate and a promotional certificate offer when available, the Flex Certificate. An IRA Certificate is available on selected certificate accounts. A regular, mini-jumbo and jumbo option is available. REGULAR CERTIFICATE: offer IRA, mini-jumbo and jumbo options (and in-combination: IRA Mini-JumboCertificate); required distribution withdrawals available for regular IRA Certificates. TRANSACTION LIMITATIONS: There are certain transaction limitations associated with your share certificate account. You may not make deposits or withdrawals from your share certificate account before the maturity date. Accrued dividends may be withdrawn at any time prior to maturity without penalty. No withdrawals of principal are permitted prior to maturity. Certain federal and state penalties may apply if IRA funds (including dividends earned on IRA funds) are withdrawn early and the maximum yearly contribution you may make to an IRA account is limited under the Internal Revenue Code. See your IRA account application and agreement for details. MINIMUM DEPOSIT AND BALANCE REQUIREMENTS: Your share certificate account has certain minimum deposit and minimum balance requirements. The minimum deposit required for you to open your share certificate account and the minimum daily balance you must maintain to obtain the disclosed APY is shown on the enclosed Rate Sheet. You must maintain the minimum daily balance shown on the Rate Sheet in your share certificate account to avoid closure. DIVIDEND COMPOUNDING AND CREDITING: Dividends compound daily and are credited monthly and at maturity. At your option, dividends may compound monthly on your certificate account. For certificates of one
Share Certificate Accounts. Except as specifically described otherwise herein the following terms, conditions and disclosures apply to all share certificates at SAFE Federal Credit Union.
Share Certificate Accounts. DIVIDENDS: The dividend rate and APY on these accounts are established and separately disclosed in the Share Certificate Agreement at the time the account is opened. SERVICE CHARGES AND FEES: Please refer to “OTHER FEES AND CHARGES” below
Share Certificate Accounts. Share certificates are subject to the terms of this Agreement, the Rate and Fee Schedule and Share Certificate Rate Schedule and Agreement for each account the terms of which are incorporated herein by reference.
Share Certificate Accounts. The rates and terms applicable to your account at the credit union are provided in this Truth-in-Savings Disclosure and the Rate Schedule. Applicable fees are covered in the Fee Schedule. Except as specifically described, the following disclosures apply to all Regular and IRA Share Certificate Accounts.
Share Certificate Accounts. Any term share or share certificate account (certificate account), we otter as allowed by applicable federal or state law, is subject to the terms of this Agreement. The terms of the Truth- in-Savings Disclosure, Rate Addendum and Schedule of Fees and Charges, Certificate Account Receipt, and any other documents we provide for the account are incorporated herein by reference.
Share Certificate Accounts. Any time deposit, term share, share certificate, or certificate account allowed by state law (Certificate Account), whichever we offer, is subject to the terms of this Agreement, the Rate and Fee Schedule, and Account Deposit Receipt for each account the terms of which are incorporated herein by reference. You agree to leave your funds in the account until the maturity date of the account. Although referred to as a “CD” or a “Share Certificate of Deposit”, no certificate is issued. This agreement also applies to share certificates you open under your Individual Retirement Account (IRA) or Xxxxxxxxx Education Savings account plan. A time deposit account is neither transferable nor negotiable.
a. Disbursing interest. You may choose to have the interest credited to your account, which will reinvest the interest into your account monthly and at maturity. Alternatively, you may have the interest disbursed into your savings, checking or any other account you have with First Basin, or have us mail you a check for the interest.
