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 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which he may not without the consent of the society, make a withdrawal at shorter notice, according to the amount to be withdrawn, than is determined by the rules of the society;
Examples of Savings Account in a sentence
Description Transaction Available Balance Ledger Balance Day 1 Day 2 Day 3 Bylaw Requirements – You must complete payment of one share in your Regular Savings account as a condition of admission to membership.
Funds to cover your card purchases will be deducted from your Health Savings account.
More Definitions of Savings Account
Savings Account means any savings account maintained with the bank, excluding those accounts which are opened in the name minors, either individually or jointly.
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 the monetary interest of the owner thereof in the aggregate of savings accounts in the associa- tion and consists of the withdrawal value of such interest.
Savings Account means a deposit or other account at a depository institution that is not a transaction account.
Savings Account means any deposit or other account at a depository institution