Compounding and Crediting for all Accounts. For all dividend bearing accounts, dividends will be compounded daily and will be credited monthly. For these accounts, the dividend period is monthly. 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 January 31. All other dividend periods follow this same pattern of dates. The dividend declaration date is the ending date of a dividend period, and for this example is January 31.
Compounding and Crediting for all Accounts. For all dividend bearing accounts, dividends will be compounded monthly and will be credited monthly. For these accounts, the dividend period is monthly. 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 January 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 this example is February 1. Dividends on Share Certificate Accounts are compounded and will be credited as set forth in the Share Certificate Agreement and Disclosure Statement when issued. Dividends are credited to accounts the last day of the month; for example, dividends for January’s dividend period are credited January 31. If you close your account before dividends are credited, you will receive the accrued dividends.
Compounding and Crediting for all Accounts. For Regular Share, Holiday Share, and Contributory IRA Share Accounts, dividends will accrue daily and will be credited and compounded quarterly. For Pledged Share Accounts, dividends will accrue daily and will be credited and transferred to your Regular Share Account quarterly. For all these account types, 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, with the exception of Holiday Share Accounts, for which the final dividend period is from October 1 to October 31. The final dividend declaration date follows the ending date of a dividend period, but dividends will be posted on the last day of the quarter, based on intended dividend rate declared by the Board of Directors. For Checking Plus and Money Market share accounts, dividends will accrue daily and will be credited and compounded monthly. For these account types, the dividend period is monthly; 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 January 31. All other dividend periods follow this same pattern. The final dividend declaration date follows the ending date of a dividend period, but dividends will be posted on the last day of the month, based on the intended dividend rate declared by the Board of Directors. For all dividend-bearing accounts, the average monthly balance is determined prior to the posting of dividends.
Compounding and Crediting for all Accounts. For all dividend bearing accounts except Term Share (Certifcate) and IRA Certifcate accounts, dividends will be compounded monthly and will be credited monthly. For these accounts, the dividend period is monthly. For example, the beginning date of the frst dividend period of the calendar year is January 1, and the ending date of such dividend period is January 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 this example is January 31. Dividends on Term Share (Certifcate) and IRA Certifcate Accounts are compounded monthly and are credited monthly and at maturity. Balance Computation Method: Dividends are calculated by the daily balance method which applies a periodic rate to the balance in the account each day. Dividends will begin to accrue on the business day you deposit non- cash items (e.g., checks) to your account if deposited before the close of business. If you close any of your dividend earning accounts before dividends are credited you will not receive the accrued dividends.
Compounding and Crediting for all Accounts. For all dividend bearing accounts except Certificate Accounts, dividends will be compounded and credited as follows: (a) for Savings, Dollar Squad, Cha- ching!, thr!ve Savings, thr!ve Checking, and IRA Savings accounts, dividends will be compounded quarterly and credited quarterly, and the dividend period is quarterly (calendar); and (b) for Choice Plus Checking, Choice Advantage Checking, Health Savings, and Money Market accounts, dividends will be compounded monthly and credited monthly, and the dividend period is monthly. For example, if the dividend period on your account is monthly, the beginning date of the first dividend period of the calendar year is January 1, and the ending date of such dividend period is January 31. All other dividend periods follow this same pattern of dates. The dividend declaration date is the ending date of a dividend period, and for this example is January 31. As another example, if the dividend period on your account is quarterly, 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 is the ending date of a dividend period, and for this example is March 31. Dividends on Term Shares and Certificate Accounts (including Bump Rate) are compounded monthly and will be credited on the last day of each quarter and upon the maturity date, and the dividend period begins on the first day of the Certificate Account’s term and ends on the maturity date. For Certificate Accounts, you may choose to have dividends credited to your Certificate Account or transferred to another account of yours. If you elect to have dividends transferred to another account, compounding will not apply.
Compounding and Crediting for all Accounts. For all dividend-bearing accounts, dividends will be earned daily for each day on which your balance equals or exceeds the minimum daily balance requirement for your account. For all dividend bearing accounts (except certificate accounts and Holiday Accounts), dividends will be compounded daily and will be credited quarterly. For these accounts, 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 this example is March 31. For Holiday Accounts, the dividend period is monthly and dividends will be compounded daily and credited monthly. For certificate accounts, the dividend period can be monthly, quarterly, or at maturity depending upon the option that you selected at the time your certificate account was established or, if you have not indicated a preference, the dividend period and the crediting frequency will be quarterly and the compounding frequency will be daily. The option that you have selected will be indicated in the Loans & Savings Rates brochure. You may also elect to have any such dividends disbursed by such means as: (a) having them transferred to your savings or checking accounts with us; or (b) having them kept on deposit in your certificate account.
Compounding and Crediting for all Accounts. For Regular Share, Holiday Share, and Contributory IRA Share Accounts, dividends will accrue daily and will be credited and compounded quarterly. For Pledged Share Accounts, dividends will accrue daily and will be credited and transferred to your Regular Share Account quarterly. For all these account types, the dividend period is quarterly, for example, the beginning date of the first dividend period of the calendar year is January 1 and the endingdate of suchdividend period is March
Compounding and Crediting for all Accounts. For Regular Share and Contributory IRA Share Accounts, dividends will accrue daily and will be credited and compounded quarterly. For Pledged Share Accounts, dividends will accrue daily and will be credited and transferred to your Regular Share Account quarterly. For all these account types, 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 final dividend declaration date follows the ending date of a dividend period, but dividends will be posted on the last day of the quarter, based on intended dividend rate declared by the Board of Directors. For Checking Plus and Money Market share accounts, dividends will accrue daily and will be credited and compounded monthly. For these account types, the dividend period is monthly; 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 January 31. All other dividend periods follow this same pattern. The final dividend declaration date follows the ending date of a dividend period, but dividends will be posted on the last day of the month, based on the intended dividend rate declared by the Board of Directors. For all dividend- bearing accounts, the average monthly balance is determined prior to the posting of dividends.
