Minimum Balance Requirements. The minimum balance to open the account is $5.00. If the balance falls below $5 at any time, the account may be closed. See Balance Computation Method above. Fees and Charges; Other Requirements: See our Schedule of Fees at xxxxxxx.xxx/xxxx. Dividends: See Disclosures Concerning Dividends above. Current rates are disclosed on the Credit Union’s website.
Minimum Balance Requirements. The minimum balance to open each account type is set forth in this disclosure. You must maintain a minimum average daily balance as listed to obtain the annual percentage yield disclosed.
Minimum Balance Requirements. The minimum required to open this account is $2,000.00. You must maintain a minimum daily balance of $2,000.00 in your account to obtain the disclosed annual percentage yield.
Examples of Minimum Balance Requirements in a sentence
Minimum Balance Requirements: There is no minimum balance requirement to open this account.
Accounts with Minimum Balance Requirements: If you fail to maintain the minimum balance required to earn the dividend rate and annual percentage yield for any account as set forth in the above Schedule, then you will not earn the dividend rate and annual percentage yield for the period in which you do not meet this requirement.
Minimum Balance Requirements: There is no minimum amount required to open this account.
Minimum Balance Requirements: The minimum required to open and maintain this account is the purchase of a $5.00 par value share in MSUFCU.
Minimum Balance Requirements: The minimum required to open this account is $2,000.00.
More Definitions of Minimum Balance Requirements
Minimum Balance Requirements. The minimum balance to open the certificate is $25 and you must maintain a member share account with a minimum balance of $5.00.
Minimum Balance Requirements. You must maintain a minimum daily balance of $1,000.00 in your Select Checking account to obtain the disclosed annual percentage yield. Rate Information: The interest rate for this account is based on the term selected and the rate tier for the amount deposited.
Minimum Balance Requirements. The minimum balance required to open this account is $1,000.00. You must maintain a minimum daily balance of $1,000.00 in your account each day to obtain the disclosed annual percentage yield. Accrual of Dividends: Dividends will begin to accrue on the business day you deposit cash and non-cash items (e.g., checks) to your account. Transaction Limitations: You may not make any withdrawals or transfers to another credit union account of yours or to a third party by means of preauthorized or automatic transfer, telephone transfer, or a similar order to a third party. Additional deposits to this account are allowed, but not to exceed the maximum allowed by law. You will receive a complete disclosure at the time of opening your IRA account. If your IRA Passbook Account(s) has no activity within a one-year period your account will be subject to an Inactive/Dormant Account Fee. Refer to the Fee Schedule. HEALTH SAVINGS ACCOUNT: The dividend rate and annual percentage yield may change within a dividend period as determined by the Board of Directors. Compounding and Crediting: Dividends will be compounded and credited to your account every quarter. For this account type, the dividend period is quarterly. For example, the beginning date of a dividend period is January 1, and the ending date of such dividend period is March 31. All other dividend periods follow this same pattern of dates. The dividend declaration date is the last day of the dividend period, and for example is March 31. If you close your account before dividends are paid, you will not receive the accrued dividend. Balance Computation Method: Dividends are calculated by the daily balance method, which applies a daily periodic rate to the balance in the account each day. Minimum Balance Requirements: There is no minimum balance required to open this account. Accrual of Dividends: Dividends will begin to accrue on the business day you deposit cash and non-cash items (e.g., checks) to your account. Transaction Limitations: You may not make transfers to another credit union account of yours or to a third party by means of preauthorized or automatic transfer, telephone transfer, or a similar order to a third party from your HSA. Additional deposits to this account are allowed, but not to exceed the maximum allowed by law. The Federal Government and all IRS Rules regulate HSA’s. You will receive a complete disclosure at the time of opening your Health Savings Account.
Minimum Balance Requirements. The minimum balance required to open a 6-month Certificate of Deposit is $1,000.00. Accrual of Interest: Interest will begin to accrue on the business day you deposit cash and non-cash items (e.g., checks) to your account. Account Restrictions: Additional deposits, prior to maturity, other than the interest posted, are not allowed. Other than the payment of interest as described in Compounding and Crediting, you may not withdraw from this account prior to maturity. Early Withdrawal Penalties: Penalty for early withdrawal on a 6-month certificate will be the lesser of forfeiture of interest earned or 90 days of interest on your deposit If the interest available at the time of early withdrawal is not sufficient to cover the applicable penalty, the credit union may deduct from the principal amount to cover the penalty. There are certain circumstances, such as the death or incompetence of an owner, where we may waive or reduce this penalty.
Minimum Balance Requirements. You must maintain a minimum daily balance of $2,000.00 in your Money Market Savings account to obtain the disclosed annual percentage yield. We impose a monthly maintenance fee if the balance falls below $500 any day of the month. Rate Information: This account does not pay interest.
Minimum Balance Requirements. For Prime Savings Accounts, the minimum balance required to open the account and earn dividends is $5 (which represents the value of one share). If the balance falls below $5 at any time, the account may be closed. For Special Savings Accounts, there is no minimum balance required to open the account. See Balance Computation Method above. Fees and Charges; Other Requirements: See our Schedule of Fees at xxxxxxx.xxx/xxxx.
Minimum Balance Requirements. There is no minimum balance requirement to open this account or to earn dividends. If, at any point during the month, your checking account balance falls below the required $500.00 minimum balance, you will be subject to a minimum balance fee. Accrual of Dividends on Noncash Deposits: Dividends will begin to accrue on the business day you deposit noncash items (e.g. checks) to your account. Transaction Limitations: No transaction limitations apply to this account, unless otherwise stated in your account agreement or other agreement with MSUFCU.