Savings deposit definition

Savings deposit means a form of demand deposit which is subject to restrictions as to the number of withdrawals as also the amounts of withdrawals permitted by the bank during any specified period.

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Savings deposit means a form of demand deposit which is a deposit account whether designated as “Savings Account”, “Savings Bank Account”, “Savings Deposit Account” or other account by whatever name called which is subject to the restrictions as to the number of withdrawals as also the amounts of withdrawals permitted by the bank during any specified period;

Savings deposit means any deposit other than a demand deposit or time deposit on which interest or a dividend is paid periodically;

Examples of Savings deposit in a sentence

• Thus, the maximum After-tax Savings deposit which may be made by a Participant under Section 4.2 during any Fiscal Year is equal to (a) the amount which may be made under Section 4.2 without regard to this Section 5.8, less (b) the Section 401(k) Contribution made on behalf of the Participant under Section 5.2.

• The terms and conditions of the agreements and disclosures for each of your Kennebunk Savings deposit accounts, as well as your other agreements with us, such as those related to loans, are incorporated by reference herein and continue to apply notwithstanding anything to the contrary in this Agreement.

• Health Savings deposit will be prorated for employees working 15-35 hours per week.

• The FDIC has not notified Community Savings that it has nor does Community Bankshares or Community Savings have any knowledge that the FDIC has commenced any inquiries, investigations, special audits or other proceedings relating to Community Savings that could adversely affect the insurance coverage provided by the FDIC for Community Savings' deposit accounts.

• The Health Savings deposit will be the difference retroactive back to January 1, 2020 payable upon signed agreement.

More Definitions of Savings deposit

Savings deposit means a credit balance in a savings account;

Savings deposit means a deposit or account with respect to which the depositor is not required by the deposit contract, but may at any time be required by the trust company, to give written notice of an intended withdrawal not less than seven days before withdrawal is made, and that is not payable on a specified date or at the expiration of a specified time after the date of deposit, and funds deposited to the credit of, or in which any beneficial interest is held by, a corporation, association, partnership, or other organization operated for profit do not exceed one hundred fifty thousand dollars per depositor at the trust company.

Savings deposit means a deposit or account with respect to which the depositor is not required by the deposit contract, but may at any time, be required by the depository institution to give written notice of an intended withdrawal not less than seven days before such withdrawal is made and that is not payable on a specified date or at the expiration of a specified time after the date of deposit.

Savings deposit for the T&C means a form of interest bearing resident demand deposit account designated in Indian Rupees, maintained with any branch of the Bank, either in single name or jointly with another, whether designated as “Savings Account”, “Savings Bank Account”, “Savings Deposit Account”, “Basic Savings Bank Deposit Account (BSBDA)” or other account by whatever name called which is subject to the restrictions as to the number of withdrawals as also the amounts of withdrawals permitted by the Bank during any specified period.

Savings deposit means a deposit:

Savings deposit means a form of interest bearing demand deposit which is a deposit account whether designated as "Savings Account", "Savings Bank Account", "Savings Deposit Account", "Basic Savings Bank Deposit Account (BSBDA)" or other account by whatever name called which is subject to the restrictions as to the

Savings deposit means a savings deposit, as defined in [subdivision (59) of] section 36a-2 of the 2008 supplement to the general statutes, as amended by this act, and the payment on shares at a Connecticut credit union or federal credit union, and a "savings account" is a deposit account which contains savings deposits.