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. Withdrawal of Dividends Prior to Maturity. For all Certificate Account types, the Annual Percentage Yield assumes that dividends remains on deposit until maturity. A withdrawal will reduce earnings.

Nature of Dividends. Dividends are paid from current income and available earnings, after required transfers to reserves, reserves at the end of a dividend period. Withdrawal of Dividends Interest Prior to Maturity. For all Certificate Account typesof Deposit and IRA Certificate of Deposit Accounts, the Annual Percentage Yield assumes that dividends interest remains on deposit until maturity. A withdrawal will reduce earnings.

Nature of Dividends. Dividends are paid from current income and available earnings, after required transfers to reserves, reserves at the end of a dividend period. Withdrawal of Dividends Prior to Maturity. For all Certificate Account typescertificate Accounts, the Annual Percentage Yield assumes that dividends interest remains on deposit until maturity. A withdrawal will reduce earnings.

Nature of Dividends. Dividends are paid from current income and available earnings, after required transfers to reserves, reserves at the end of a dividend period. Withdrawal of Dividends Prior to Maturity. For all Certificate Account typesAccounts, the Annual Percentage Yield assumes that dividends remains Dividends remain on deposit until maturity. A withdrawal will reduce earnings.

Nature of Dividends. Dividends are paid from current income and available earnings, after required transfers to reserves, reserves at the end of a dividend period. Withdrawal Withdrawals of Dividends Prior to Maturity. For all Share Certificate Account typesAccounts, the Annual Percentage percentage Yield assumes that dividends interest remains on deposit until maturity. A withdrawal will reduce earnings.