Withdrawal of Dividends Prior to Maturity. For all term share Accounts, the Annual Percentage Yield assumes dividends remain on deposit until maturity. A withdrawal will reduce earnings.
Withdrawal of Dividends Prior to Maturity. The annual percentage yield is based on an assumption that dividends will remain in the Account until maturity. A withdrawal will reduce earnings.
Withdrawal of Dividends Prior to Maturity. For all term Accounts, the APY assumes dividends remain on deposit until maturity. A withdrawal will reduce earnings.
Withdrawal of Dividends Prior to Maturity. For all term share Accounts, the Annual Percentage Yield assumes dividends remain on deposit until maturity. A withdrawal will reduce earnings. Account Type Dividend Period Compounding Frequency Crediting Frequency Variable Rate Information. For all variable-rate Accounts, the dividend rate and APY may change at any time based on the determination of the Credit Union's Board of Directors.
Withdrawal of Dividends Prior to Maturity. The annual percentage yield of your account assumes that the dividends will remain on deposit until maturity. A withdrawal of dividends will reduce earnings. There is a $500.00 minimum balance requirement for this account. A penalty may be imposed on the entire account balance for withdrawals before maturity. The penalty is calculated as a forfeiture of part of the dividends that have been or would be earned on the account. It applies whether or not the dividends have been earned. In other words, if the account has not yet earned enough dividends or if the dividend has already been paid, the penalty will be deducted from the principal. If your account has an original maturity of one (1) year: The penalty we may impose will equal 60 days’ dividends (earned or unearned) plus current month accrued dividends. If your account has an original maturity of more than one (1) year: The penalty we may impose will equal 90 days’ dividends (earned or unearned) plus current month accrued dividends. In certain circumstances such as the death, or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty.
Withdrawal of Dividends Prior to Maturity. For all term Accounts, the Annual Percentage Yield assumes dividends remain on deposit until maturity. A withdrawal will reduce earnings. Additional Transaction Limitations. For all Accounts (except money market and share draft Accounts), during any calendar month, You may not make more than six withdrawals from or transfers to another Credit Union Account of Yours or to a third party by means of a pre-authorized or automatic transfer or telephonic order or instruction, or by check, draft, debit card, if applicable, or similar order to a third party. If You exceed these limitations, Your Account may be subject to closure by the Credit Union.
Withdrawal of Dividends Prior to Maturity. The APY assumes dividends remain in the account until maturity and a withdrawal will reduce earnings. Renewal Policies. Your account will mature on the date listed on your Business Share Certificate and on the “Your Deposit Account” brochure, both distributed upon account opening. This Certificate will automatically be renewed for an additional term equal to the initial term, unless we are informed to do otherwise. A notice will be sent prior to maturity, and you will have a ten (10) day grace period after each renewal to notify us if you wish to change your investment without incurring a penalty. Except as otherwise stated here, the terms and conditions applicable to the initial term will also apply to any renewal term. Unless otherwise directed, the principal amount of the account for each renewal term will be the principal of the preceding term together with dividends credited or accrued but not paid or withdrawn during the preceding term. The dividend rate and APY for any renewal term will be the dividend rate and APY that we are offering at the time on this type of Business Share Certificate. If the Certificate is not automatically renewed, any accrued dividends will be paid to the account holder at maturity. We reserve the right not to renew this account by giving you written notice at your address as shown on our records. COMMON FEATURES Bylaw requirements. All members are required to maintain a Savings Account for membership with United Texas. A minimum deposit of
Withdrawal of Dividends Prior to Maturity. For certificates, the Annual Percentage Yield assumes that dividends remains on deposit until maturity. A withdrawal will reduce earnings. Compounding and Crediting. For all Accounts, dividends will be earned daily for each day on which Your balance exceeds the minimum balance requirement for Your Account. For all Accounts (except Premium Checking and certificate Accounts), the dividend period is monthly, and dividends will be compounded and credited to Your Account monthly.
Withdrawal of Dividends Prior to Maturity. The APY is based on an assumption that dividends will remain in the Account until maturity. A withdrawal will reduce earnings. Transaction Limitations . After an Account is opened, you may not make deposits into the Account until the maturity date stated on the Account unless the term and conditions of the Account allows for deposits. You can only withdraw dividends in the term in which they are credited without penalty. You may withdraw dividends anytime during the term of crediting only after they have been credited to your Account.
Withdrawal of Dividends Prior to Maturity. The APY is based on an assumption that dividends will remain in the account for one year. Having dividends transferred out of the certificate to one of your UCU Share (Savings) or Checking accounts will reduce the earnings in the certificate. If the dividends are transferred into a dividend-bearing account, they may earn dividends.
