TRUTH IN SAVINGS Clause Samples
The Truth in Savings clause requires financial institutions to provide clear and accurate information about deposit accounts, such as savings or checking accounts, to consumers. This typically includes disclosing details like interest rates, fees, minimum balance requirements, and how interest is calculated. By mandating transparency, the clause helps consumers make informed decisions when comparing financial products and protects them from misleading or hidden terms.
TRUTH IN SAVINGS. Interest Balance Levels Schedule of Fees FUNDS AVAILABILITY Availability
TRUTH IN SAVINGS. Account Fees
TRUTH IN SAVINGS. Interest Balance Levels Schedule of Fees
TRUTH IN SAVINGS. At the time you opened your account, you received a Truth-In-Savings Account Disclosure of all fees and charges applicable to the account, the Annual Percentage Yield and the dividend rate, minimum balance requirements, compounding and creating of dividends and other pertinent information related to the account. This information found in the disclosure may change from time to time. If the fees, charges, minimum balance requirements or other items change in a manner that would adversely affect you, we will provide you with written notice thirty (30) days prior to the change.
TRUTH IN SAVINGS. The following information is required by the Truth-in-Savings Act and discusses terms and features of your account(s), including dividend rates, fees, account limitations and other account terms. Current dividend rates along with corresponding annual percentage yields (APYs) for share and deposit accounts are disclosed in the “LGFCU Share & Deposit Account Rate Summary,” which may be obtained at any branch office. In addition, you may verify current rates and APYs on our website, ▇▇▇.▇▇▇▇▇.▇▇▇, or through our 24/7 voice response phone system, which can be reached by dialing ▇.▇▇▇.▇▇▇.▇▇▇▇. Dividend rates for new STCs and other accounts are set by our Board of Directors at its discretion and are subject to change daily without notice.
TRUTH IN SAVINGS. Variable Rate Information Compounding and Crediting
TRUTH IN SAVINGS. ● There is no minimum opening deposit requirement to open a BFF Prime Account. ● There are no maintenance fees on BFF Prime Accounts. ● There is no minimum balance required.
TRUTH IN SAVINGS