Variable Rate Account definition

Variable Rate Account means the variable rate of interest payable on your Account and which may be amended by us.
Variable Rate Account means an Account where a Variable Rate is paid.
Variable Rate Account means an ac- count in which the interest rate may change after the account is opened, un- less the institution contracts to give at least 30 calendar days advance written notice of rate decreases.[57 FR 43376, Sept. 21, 1992, as amended at 58FR 15081, Mar. 19, 1993; 59 FR 52658, Oct. 19,1994; 70 FR 29593, May 24, 2005]

Examples of Variable Rate Account in a sentence

  • The Bank may carry each Variable Rate Advance in a Variable Rate Account and may carry each Fixed Rate Advance in a Fixed Rate Account, but all Advances will constitute extensions of credit pursuant to a single Credit Line.

  • In addition to the above applicable terms of a Fixed Rate Account or a Variable Rate Account, Tiered Rate Accounts have two or more Dividend Rates and their corresponding Annual Percentage Yields are applied to pre-defined balance tiers.

  • The account established by the Company for each Participant for Fees deferred pursuant to the Plan and which shall be credited with interest on the last day of each month (or such other day as determined by the Plan Administrator) based on the "prime rate" published in the Wall Street Journal on the last business day of such month (or on any other date for which interest is credited to the Variable Rate Account).

  • The Variable Rate Account and the Stock Account, as defined below.

  • Amounts to be deferred shall be credited to the Participant's Variable Rate Account and or Stock Account, as applicable, as of the date such Fees are otherwise payable.


More Definitions of Variable Rate Account

Variable Rate Account means the variable rate of interest payable on your Account and which may be amended by us. “Withdrawal” means where funds are taken out of your Account either by telegraphic transfer, draft, cheque or cash, by electronic debit or via transfer into another account.
Variable Rate Account. The interest rate on your Savings Account is variable. The current interest on your Savings Account is 0.995 % with an annual percentage yield of 1.000%.
Variable Rate Account means a share, share draft, checking, or term share account in which the simple divi- dend rate may change after the ac- count is opened, unless the credit union contracts to give at least thirty days advance written notice of rate de- creases.[58 FR 50445, Sept. 27, 1993, as amended at 59FR 13436, Mar. 22, 1994; 59 FR 59899, Nov. 21,1994; 70 FR 72898, Dec. 8, 2005]
Variable Rate Account means a share, share draft, checking, or term share account in which the simple divi- dend rate may change after the ac- count is opened, unless the credit union contracts to give at least thirty days advance written notice of rate de- creases.[58 FR 50445, Sept. 27, 1993, as amended at 59
Variable Rate Account means a share, share draft, checking, or term share account in which the simple divi- dend rate may change after the ac- count is opened, unless the credit union contracts to give at least thirty days advance written notice of rate de- creases.[58 FR 50445, Sept. 27, 1993, as amended at 59FR 13436, Mar. 22, 1994; 59 FR 59899, Nov. 21,1994; 70 FR 72898, Dec. 8, 2005; 78 FR 32544,May 31, 2013] § 707.3 General disclosure require- ments.(a) Form. Credit unions must make the disclosures required by §§ 707.4 through 707.6 of this part, as applica- ble, clearly and conspicuously, in writ- ing, and in a form the member or po- tential member may keep. Credit unions may provide the disclosures re- quired by this part to a member or po- tential member in electronic form, sub- ject to compliance with the consent and other applicable provisions of the Electronic Signatures in Global and National Commerce Act (E–Sign Act), 15 U.S.C. 7001 et seq. Credit unions may provide the disclosures required by§§ 707.4(a)(2) and 707.8 to a member or potential member in electronic form without regard to the consent or other provisions of the E–Sign Act in the cir- cumstances set forth in those sections. Disclosures for each account offered by National Credit Union Administration § 707.4 a credit union may be presented sepa- rately or combined with disclosures for the credit union’s other accounts, as long as it is clear which disclosures are applicable to the member or potential member’s account.(b) General. The disclosures shall re- flect the terms of the legal obligation between the member and the credit union. Disclosures may be made in lan- guages other than English, provided the disclosures are available in English upon request.(c) Relation to Regulation E (12 CFR part 1005). Disclosures required by and provided in accordance with the Elec- tronic Fund Transfer Act (15 U.S.C. 1601) and its implementing Regulation E (12 CFR part 1005) that are also re- quired by this part may be substituted for the disclosures required by this part.(d) Multiple members. If an account is held by more than one member, disclo- sures may be made to any one of the members.(e) Oral responses to inquiries. In an oral response to a member or potential member’s inquiry about dividend rates payable on its accounts, the credit union shall state the annual percent- age yield. The dividend rate may be stated in addition to the annual per- centage yield. No other rate may be stated. In stating a dividend rate ...
Variable Rate Account means an ac- count in which the interest rate may change after the account is opened, un- less the institution contracts to give at least 30 calendar days advance written notice of rate decreases.[57 FR 43376, Sept. 21, 1992, as amended at 58
Variable Rate Account means an ac- count in which the interest rate may change after the account is opened, un- less the institution contracts to give at least 30 calendar days advance written notice of rate decreases.[57 FR 43376, Sept. 21, 1992, as amended at 58FR 15081, Mar. 19, 1993; 59 FR 52658, Oct. 19,1994]EFFECTIVE DATE NOTE: At 70 FR 29593, May24, 2005, § 230.2 was amended by revising para- graph (b), effective July 1, 2006. For the con- venience of the user, the revised text is set forth as follows:§ 230.2 Definitions. * * * * *(b) Advertisement means a commercial mes- sage, appearing in any medium, that pro- motes directly or indirectly: