Savings Account definition

Savings Account means an account, which is based on Mudarabah and its profit shall be calculated based on the profit earned on any balance maintained above the minimum threshold or average threshold (as may be agreed upon with the Bank).
Savings Account means a deposit account, other than an escrow account established pursuant to section 49-2a, into which savings deposits may be made and which account must be evidenced by periodic statements delivered at least semiannually or by a passbook;
Savings Account means any savings account maintained with the bank, excluding those accounts which are opened in the name minors, either individually or jointly.

Examples of Savings Account in a sentence

  • Employees participating in the HDHP have the option of participating in a City sponsored Health Savings Account (HSA).

  • The Board’s contribution shall be deposited into the Supervisor’s Health Savings Account (HSA) to assist with eligible medical expenses incurred under the HDHP.

  • The Employer agrees to contribute to a qualified Health Savings Account (HSA) fifty percent (50%) of the Plan’s deductible in January of 2023, 2024, and 2025.

  • The employer shall provide health benefits equivalent to the current plans High Deductible Health Savings Account HMO 100% Hospital Plan and HMO 100% High Plan.

  • The eligible retiree will have the choice between the Healthcare Savings Account (HSA) plan, with no further employer contribution, or the High Deductible (HD) plan.


More Definitions of Savings Account

Savings Account means an account which a depositor maintains with a society and in which he may not keep a larger credit balance than is determined by the rules of the society and from which he may not without the consent of the society, make a withdrawal at shorter notice, according to the amount to be withdrawn, than is determined by the rules of the society;
Savings Account means an interest-bearing account not subject to withdrawal by check or other
Savings Account means SuperSaver Savings Account
Savings Account means a deposit account in a stock association or mutual association or a withdrawable share account or time share account in a mutual association.
Savings Account means a form of interest-bearing demand deposit which is subject to the restrictions as to the number of withdrawals as also the amounts of withdrawals permitted by the IBU during any specified period.
Savings Account means any deposit or other account at a depository institution
Savings Account means a deposit or other account at a depository institution that is not a transaction account.