Common use of Daily Balance Computation Method Clause in Contracts

Daily Balance Computation Method. Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. If the balance falls below $5.00 for the day your account will not earn a dividend.

Appears in 3 contracts

Samples: Terms and Conditions of Your Account Agreement, Terms and Conditions of Your Account Agreement, Terms and Conditions of Your Account Agreement

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Daily Balance Computation Method. Dividends are calculated by the daily balance method method, which applies a daily periodic rate to the balance in the account each day. If Accrual of Dividends on Non-Cash Deposits Dividends will begin to accrue on the balance falls below $5.00 for the business day you place non-cash items (such as checks) to your account will not earn a dividendaccount.

Appears in 3 contracts

Samples: www.communitywestcu.org, www.communitywestcu.org, www.communitywestcu.org

Daily Balance Computation Method. Dividends are calculated by the daily balance method method, which applies a daily periodic rate to the balance in the account each day. If Accrual of Dividends on Non-Cash Deposits Dividends will begin to accrue on the balance falls below $5.00 for the business day you place non-cash items (such as checks) in your account. Transaction Limitations You may not make any withdrawals or transfers to another credit union account will not earn of yours or to a dividendthird party by means of a pre-authorized or automatic transfer, telephonic order or instruction, or similar order to a third party.

Appears in 1 contract

Samples: www.communitywestcu.org

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Daily Balance Computation Method. Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance principal in the account each day. If  Accrual of Dividends. Dividends will begin to accrue no later than the balance falls below $5.00 for business day that we receive credit with the day your account will not earn a dividendexception of IMMA and IMMA Gold accounts.

Appears in 1 contract

Samples: s3.us-east-1.amazonaws.com

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