Interest Checking Account Sample Clauses

Interest Checking Account. See current rate sheet for tiers. If your daily balance is more than the minimum required (on a tier), but less than the maximum (on the same tier), the dividend rate paid on the entire balance in your Account will be the rate offered for that tier (e.g., a $1,600.00 daily balance would earn the dividend rate offered for the $1,500.00 to $2,499.99 tier for the entire $1,600.00 balance). You must maintain an end-of-day balance of at least the lowest amount on each tier in order to obtain the disclosed APY for that tier for any day during the dividend period. The dividend rate and APY may change every month as determined by the UCU Board of Directors. For current rates and APY, see the rates sheet, or call (424) 000- 0000, or visit our website at xxx.xxx.xxx.

Interest Checking Account. See the current Schedule of Fees and Charges for a listing of fees and charges that may be assessed against your account. The monthly fee for this Account will be waived if the average daily balance for the month is at least $1,500. Substitute Check Policy Disclosure (Important Information about your Checking Account): Substitute Checks and Your Rights WHAT IS A SUBSTITUTE CHECK? To make check processing faster, federal law permits banks and credit unions to replace original checks with “substitute checks.” These checks are similar in size to original checks with a slightly reduced image of the front and back of the original check. The front of a substitute check states: “This is a legal copy of your check. You can use it the same way you would use the original check”. You may use a substitute check as proof of payment just like the original check. Some or all of the checks that you receive back from us may be substitute checks. This notice describes rights you have when you receive substitute checks from us. The rights in this notice do not apply to original checks or to electronic debits to your account. However, you have rights under other law with respect to those transactions. WHAT ARE YOUR RIGHTS REGARDING SUBSTITUTE CHECKS? In certain cases, federal law provides a special procedure that allows you to request a refund for losses you suffer if a substitute check is posted to your Account (for example, if you think that we withdrew the wrong amount from your account or that we withdrew money from your account more than once for the same check). The losses you may attempt to recover under this procedure may include the amount that was withdrawn from your Account and fees that were charged as a result of the withdrawal (for example, bounced check fees). If you are entitled to a refund of fees, we will only refund fees we charged. The amount of your refund under this procedure is limited to the amount of your loss or the amount of the substitute check, whichever is less. You also are entitled to interest on the amount of your refund if your account is an interest-bearing account. If your loss exceeds the amount of the substitute check, you may be able to recover additional amounts under other law. If you use this procedure, you may receive up to $2,500 of your refund (plus interest if your account earns interest) within 10 business days after we receive your claim and the remainder of your refund (plus interest if your account earns interest) not later th...

Interest Checking Account. This checking is a tiered rate account. There is not minimum balance required to earn interest. It pays a higher interest rate up to $10,000.00 and lower rate up to $25,000.00 to qualifying accounts. A dividend is paid on balances over $25,000.00 and on total bal- ances for non-qualifying accounts.

Interest Checking Account. Dividend Information: No dividends are paid on this account. Minimum Balance Requirements: There is no minimum balance requirement on the Non-Interest Checking Account.