Common use of Dividend Period Clause in Contracts

Dividend Period. For this account, 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 unless noted otherwise. Dividends are paid at the end of the period from current income and available earnings after required transfer to reserves.

Appears in 5 contracts

Samples: Deposit Agreement for First Community Credit Union, Deposit Agreement for First Community Credit Union, Deposit Agreement for First Community Credit Union

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Dividend Period. For this account, 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 unless noted otherwise. Dividends are paid at the end of the period from current income and available earnings after required transfer transfers to reserves.

Appears in 5 contracts

Samples: Deposit Agreement for First Community Credit Union, Deposit Agreement for First Community Credit Union, Deposit Agreement for First Community Credit Union

Dividend Period. For this accountaccount type, 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 unless noted otherwisedates. Dividends are paid at The dividend is credited on the end of first day after the period from current income dividend period, and available earnings after required transfer to reservesfor the example above is February 1.

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

Dividend Period. For this accountaccount type, the dividend period is monthly. For example, the beginning date of the first dividend period of the calendar year is January 1 1, and the ending date of such dividend period is January 31. All other dividend periods follow this same pattern of dates unless noted otherwisedates. Dividends are paid at The dividend declaration date is the end of first day after the period from current income dividend period, and available earnings after required transfer for the example above is February 1. Minimum balance requirements: There is no minimum balance requirement to reservesopen this account.

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

Dividend Period. For this accountaccount type, the dividend period is monthly. For example, the beginning date of the first dividend period of the calendar year is January 1 1, and the ending date of such dividend period is January 31. All other dividend periods follow this same pattern of dates unless noted otherwisedates. Dividends are paid at The dividend declaration date is the end of first day after the period from current income dividend period, and available earnings after required transfer to reservesfor the example above is February 1.

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

Dividend Period. For this account, the dividend period is monthlyquarterly. 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 March 31. All other dividend periods follow this same pattern of dates unless noted otherwisedates. Dividends are paid at The dividend declaration date is the end last day of the period from current income dividend period, and available earnings after required transfer to reservesfor the example above is March 31. If you close your account before dividends are paid, you will not receive any dividends.

Appears in 1 contract

Samples: Account Agreement

Dividend Period. For this account, the The dividend period is monthlyquarterly. For example, the beginning date of the first dividend period of the calendar year is January 1 1, and the ending date of such dividend period is January March 31. All other dividend periods follow this the same pattern of dates unless noted otherwisedates. Dividends are paid at The dividend declaration date is the end last day of the dividend period from current income and available earnings after required transfer to reservesfor the example above is March 31. If an account is closed before dividends are credited, accrued dividends will not be paid.

Appears in 1 contract

Samples: Account Agreement

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Dividend Period. For this accountaccount type, the dividend period is monthly. For example, the beginning date of the first dividend period of the calendar year is January 1 1, and the ending date of such dividend period is January 31. All other dividend periods follow this same pattern of dates unless noted otherwisedates. Dividends are paid at The dividend declaration date follows the end ending date of a dividend period, and for the period from current income and available earnings after required transfer to reservesexample above is February 1.

Appears in 1 contract

Samples: Membership Agreement

Dividend Period. For this accountaccount type, the dividend period is monthlyquarterly. For example, the beginning date of the first dividend period of the calendar year is January 1 1, and the ending date of such dividend period is January March 31. All other dividend periods follow this same pattern of dates unless noted otherwisedates. Dividends are paid at The dividend declaration date is the end last day of the dividend period from current income and available earnings after required transfer to reservesfor the example above is March 31.

Appears in 1 contract

Samples: Account Agreement

Dividend Period. For this account, the The dividend period is monthly. For example, the beginning date of the first dividend period of the calendar year is January 1 1, and the ending date of such dividend period is January 31. All other dividend periods follow this the same pattern of dates unless noted otherwisedates. Dividends are paid at The dividend declaration date is the end last day of the dividend period from current income and available earnings after required transfer to reservesfor the example above is January 31. If an account is closed before dividends are credited, accrued dividends will not be paid.

Appears in 1 contract

Samples: Account Agreement

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