Accrual of Dividends on Noncash Deposits. Dividends will begin to accrue on the business day you deposit noncash items into your account.
Accrual of Dividends on Noncash Deposits. Dividends will begin to accrue on the business day that you deposit noncash items (e.g. checks) to your account.
Accrual of Dividends on Noncash Deposits. Dividends will begin to accrue on the business day you deposit noncash items into your account. Effect of closing an account: For this type of account, if an account is closed prior to the end of the respective quarter, accrued dividends will be credited to the account. Closure fees do apply to this type of account; see fee schedule for current fee.
Accrual of Dividends on Noncash Deposits. Dividends will begin to accrue on the business day you a deposit noncash items (for example, checks) to your Account. Transaction Limitations After a Certificate is opened, you may not make any deposits into or withdrawals from this account until the date of maturity. After a Certificate of Deposit is opened, you may not make withdrawals from this account until the date of maturity.
Accrual of Dividends on Noncash Deposits. Dividends will begin to accrue on the business day you a deposit noncash items (for example, checks) to your Account. Transaction Limitations Traditional, and Xxxx Individual Retirement Accounts and Xxxxxxxxx Education Savings Accounts Rate Information The Dividend and the Annual Percentage Yield may change each as determined by the Credit Union’s Board of Directors. Compounding and Crediting Dividends will be compounded quarterly. Dividends will be credited to your account every quarter. Dividend Period For this account type, the dividend period is quarterly, for example, the beginning date of the first dividend period of the calendar year is January 1, and the ending date of such dividend period is March 31. All other dividend periods follow this same pattern of dates. The dividend declaration date follows the ending date of a dividend period, and for the example above is April 1. If you close your Account before dividends are paid, you will not receive the accrued dividends.
Accrual of Dividends on Noncash Deposits. Dividends will begin to accrue on the business day that you deposit noncash items (e.g. checks) to your account. If you close your account before dividends are paid, you will not receive the accrued dividends.
Accrual of Dividends on Noncash Deposits. Dividends will begin to accrue on the business day that you deposit noncash items (e.g. checks) to your account. If you close your account before dividends are paid, you will not receive the accrued dividends. For questions or inquiries, contact: Municipal Credit Union 00 Xxxxxxxxx Xx. Xxx Xxxx, XX 00000 (800) 323-6713 XXXXX.xxx TRUTH-IN-SAVINGS RATES & FEES SCHEDULE This credit union is federally insured by the National Credit Union Administration EFFECTIVE DATE:11/01/2022 CERTIFICATE ACCOUNTS Account Type DIVIDEND RATE ANNUAL PERCENTAGE YIELD (APY) Rate is Fixed or Variable Dividends Compounded Dividends Credited Minimum Opening Deposit Minimum Balance to Avoid a Service Fee Additional Deposits Early Withdrawal Penalty? Renewals Certificate of Deposit 6 Months 0.75% 0.75% Fixed Monthly Monthly $500.00 $500.00 Not Allowed 90 Days Dividends Automatic with 10 day grace period 9 Months 2.00% 2.00% Fixed Monthly Monthly $500.00 $500.00 Not Allowed 90 Days Dividends 12 Months 1.45% 1.45% Fixed Monthly Monthly $500.00 $500.00 Not Allowed 180 Days Dividends 24 Months 1.85% 1.85% Fixed Monthly Monthly $500.00 $500.00 Not Allowed 180 Days Dividends 30 Months 2.75% 2.75% Fixed Monthly Monthly $500.00 $500.00 Not Allowed 180 Days Dividends 36 Months 2.00% 2.00% Fixed Monthly Monthly $500.00 $500.00 Not Allowed 180 Days Dividends Deposit Plus Certificate Deposit 18 Months 1.65% 1.65% Fixed Monthly Monthly $250.00 $250.00 Allowed 180 Days Dividends Automatic with 10 day grace period IRA Traditional/Xxxx/Xxxxxxxxx ESA 6 Months 0.75% 0.75% Fixed Monthly Monthly $500.00 $500.00 Not Allowed 90 Days Dividends Automatic with 10 day grace period 12 Months 1.45% 1.45% Fixed Monthly Monthly $500.00 $500.00 Not Allowed 180 Days Dividends 18 Months 1.65% 1.65% Variable Monthly Monthly $100.00 $100.00 Allowed 180 Days Dividends 24 Months 1.85% 1.85% Fixed Monthly Monthly $500.00 $500.00 Not Allowed 180 Days Dividends 36 Months 2.00% 2.00% Fixed Monthly Monthly $500.00 $500.00 Not Allowed 180 Days Dividends Secured Visa Share Certificate (18 Months) 1.65% 1.65% Fixed Monthly Monthly $300.00 $300.00 Allowed 180 Days Dividends Automatic with 10 day grace period Discontinued Certificates: Information for members previously enrolled and under renewal 3 Months 0.75% 0.75% Fixed Monthly Monthly N/A $500.00 Not Allowed 90 Days Dividends Automatic with 10 day grace period
Accrual of Dividends on Noncash Deposits. Dividends will begin to accrue on the business day you a deposit noncash items (for example, checks) to your Account. Traditional, and Xxxx Individual Retirement Accounts and Xxxxxxxxx Education Savings Accounts Rate Information The Dividend and the Annual Percentage Yield may change each as determined by the Credit Union’s Board of Directors. Compounding and Crediting Dividends will be compounded quarterly. Dividends will be credited to your account every quarter.
Accrual of Dividends on Noncash Deposits. Dividends will begin to accrue on the business day you deposit noncash items (e.g. checks) to your account. Transaction Limitations: No transaction limitations apply to this account, unless otherwise stated in your account agreement or other agreement with OU Credit Union. Fees: Please see the Fee Schedule for current fees that may apply to this account. No-Dividend Checking Rate Information: This is a noninterest-bearing and nondividend-bearing account. Minimum Balance Requirements: There is no minimum balance requirement to open this account. If, at any point during the month, your checking account balance falls below the required $500.00 minimum balance, you will be subject to a minimum balance fee. Transaction Limitations: No transaction limitations apply to this account, unless otherwise stated in your account agreement or other agreement with OU Credit Union. Fees: Please see the Fee Schedule for current fees that may apply to this account. Totally Gold Checking Rate Information: This is a noninterest-bearing and nondividend-bearing account. Minimum Balance Requirements: There is no minimum balance requirement to open this account. Other Account Requirements: To maintain Totally Gold Checking, you must also have the following services: • eStatements/eCorrespondence Notices • ComputerLine access • Visa Debit Card • Direct deposit (if available) If your internet access is no longer available, you terminate your eStatements/eNotices, or if you fail to meet any of the above stated Totally Gold Checking requirements, your account will be converted to Classic Checking. You will then receive a paper statement and earn dividends if applicable. You must maintain a minimum daily balance of $500.00 to avoid a service fee for the Classic Checking account. If, during any calendar month, your balance falls below the required minimum balance, your Classic Checking account will be subject to a minimum balance fee. See the Classic Checking account section for account disclosure details and terms.
Accrual of Dividends on Noncash Deposits. For funds deposited to your Account during the month/quarter, dividends begin to accrue on the business day, as defined in our Funds Availability Policy, that cash and noncash items are deposited. Funds already on deposit accrue from the beginning of the calendar month/quarter. Balance Computation Method Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period. The first $25.00 deposited into the Primary Share Account is not available for withdrawal and is required to maintain your membership, open other accounts, and be eligible for other services. Minimum Balance Requirements The minimum balance requirement to open an Account is set forth below. Please refer to our current Fee Schedule and to the minimum balance requirements to earn dividends (above) and avoid fees. Account Type: Regular Share Balance to Open: $25.00 Account Type: Other Shares and XXX Shares Balance to Open: $5.00
