Regular Savings Account definition

Regular Savings Account means an account of an Employee under the Plan to which are credited Regular Savings Contributions made by the Employee and earnings thereon.
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Regular Savings Account means an account of an employee under the Plan to which are credited employee regular savings contributions made by such employee and earnings thereon.
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Examples of Regular Savings Account in a sentence

  • If your Regular Savings Account balance is reduced to less than the par value of a share, we may transfer enough funds from any other share account you may have with us in order to bring your account balance up to the par value of a share.

  • For Cards secured by Shares, an amount equal to 100% of your credit limit is held in your Regular Savings Account as collateral for your credit.

  • We shall close the Regular Savings Account once you instruct what to do with the matured funds.

  • If the certificate is no longer offered at the time of renewal the funds will be transferred to your Regular Savings Account and if you do not have a Regular Saving Account, we will open one for you and the funds from the term certificate that is no longer offered will be deposited until we receive final instructions from you.

  • If you reduce your Regular Savings Account balance below the par value of one (1) share and do not increase the balance to at least the par value of one (1) share within six (6) months of the reduction, you may be terminated from membership at the end of a dividend period.

  • Upon reaching Your 18th birthday, the entire balance then on deposit will be transferred to a Regular Savings Account, subject to the terms and conditions of such Account.

  • You can use eTransfer with Your Regular Savings Account or Your PFCU Checking Account.

  • If you have not established a checking account, the transfer will be made to your Regular Savings Account.

  • To become a member of the Credit Union, you must complete a Membership Application and open a Regular Savings Account.

  • Any funds securing Your Mastercard Platinum Secured Card (less any amounts You owe) will be transferred to Your Regular Savings Account 15 days after We receive Your request.