Common use of Balance Computation Method Clause in Contracts

Balance Computation Method. We use the Daily Balance Method to calculate dividends on your account. The Daily Balance Method applies a daily periodic rate to the balance in the account each day.

Balance Computation Method. We use the Average Daily Balance Method to calculate dividends on your account. The Average Daily Balance Method applies a daily 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 dayday of the period and dividing that figure by the number of days in the period.

Balance Computation Method. We use the Daily Balance Method to calculate dividends Dividends on your account, as indicated on your Truth-in-Savings Rates & Fees Schedule. The Daily Balance Method applies a daily periodic rate to the balance in the account each day.

Balance Computation Method. We use the Daily Balance Method to calculate dividends Dividends on your account, as indicated on your Rate Sheet and Schedule of Fees. The Daily Balance Method applies a daily periodic rate to the balance in the account each day.