Common use of Nature of Dividends Clause in Contracts

Nature of Dividends. Dividends are paid from current income and available earnings after required transfers to reserves at the end of a dividend period. National Credit Union Share Insurance Fund: Member accounts in this credit union are federally insured by the National Credit Union Share Insurance Fund.

Appears in 6 contracts

Samples: www.cupublisher.com, www.aaacu.com, www.aaacu.com

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Nature of Dividends. Dividends are paid from current income and available earnings earnings, after required transfers to reserves at the end of a dividend period. Not applicable to term share or share certificate accounts. National Credit Union Share Insurance Fund: . Member accounts in this credit union are federally insured by the National Credit Union Share Insurance Fund.

Appears in 3 contracts

Samples: Electronic Fund Transfer Agreement, Account Agreement and Disclosure, Account Agreement

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Nature of Dividends. Dividends are paid from current income and available earnings earnings, after required transfers to reserves reserves, at the end of a dividend period. National Credit Union Share Insurance Fund: Member All accounts in this credit union are federally fed- erally insured by the National Credit Union Share Insurance Fund.

Appears in 1 contract

Samples: www.yourpccu.org

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