NOW Account. The interest rate on your Account is % with an annual percentage yield of %. • Rate Information: Your interest rate and annual percentage yield may change. • Frequency of rate changes: We may change the interest rate on your NOW Account at any time. • Determination of rate: At our discretion, we may change the interest rate on your NOW Account. • Crediting frequency: Interest will be compounded every day. Interest will be credited to your NOW Account every month. • Minimum opening balance: A minimum deposit of $25,000.00 is required to open a NOW Account. • Minimum balance to avoid imposition of fees: A maintenance fee of $100.00 will be imposed every statement cycle if the balance in the NOW Account falls below $25,000.00 on any day of the statement cycle. • Minimum daily balance to obtain the annual percentage yield (APY): You must maintain a minimum average daily balance of $25,000.00 to obtain the disclosed annual percentage yield. • Average daily balance computation method: We use the average daily balance method to calculate interest on your Account. This method applies a periodic rate to the average daily balance in the Account for the period. The average daily balance is calculated by adding the principal in the Account for each day of the period and dividing that figure by the number of days in the period. • Accrual of interest on noncash deposits: Interest begins to accrue no later than the Banking Day we receive credit for the deposit of noncash items (for example, checks). • Fees: See our separate Products, Services & Fee Schedule. • Effect of closing an Account: If the Account is closed before interest is credited, you will not receive the accrued interest.
NOW Account. (i) Fee Schedule: Refer to the Fee Schedule for a description of the fees that may be assessed against your account.
NOW Account. The ReAssure Now Administrator is responsible for any and all information relating to accounts of any ReAssure Now Users, including the addition, deletion, deactivation or amendment of account details (save to the extent that these are required or permitted to be changed by any ReAssure Now Users on the ReAssure Now Portal). The ReAssure Now Administrator is also responsible for authorising each specific Third Party Service Provider to access the Data on the ReAssure Now Portal by enabling the ‘shared data’ functionality on the ReAssure Now Portal. The default position will be that the ‘shared data’ functionality will remain switched off unless otherwise switched on by the ReAssure Administrator. The ReAssure Now Administrator can switch off the ‘shared data’ functionality at any time. The ReAssure Now Administrator must provide the full name and Business Contact Details (consisting of a business mobile and landline telephone number, valid business email address and business address) for any ReAssure Now Users and such other information that ReAssure may reasonably require to facilitate the registration of any ReAssure Now Users. For the avoidance of doubt, personal email addresses for any ReAssure Now Users will not be accepted by ReAssure. The Business Contact Details of all ReAssure Now Users added by the ReAssure Now Administrator are viewable by all other users from that Financial Adviser Firm, including the Business Contact Details of the ReAssure Now Administrator. As soon as the ReAssure Now Administrator’s access is to be withdrawn, the ReAssure Now Administrator acknowledges that it must not use or access ReAssure Now after this time.
NOW Account. Minimum Deposit to Open $50.00 Minimum Daily Balance Required to Waive the Monthly Fee* $500.00 Balance Interest Rate Annual Percentage Yield up to $999.99 % % $1,000.00 or more % % *Waived with Direct Deposit TIERED RATE MONEY MARKET ACCOUNT Minimum Deposit to Open Account $50.00 Balance Interest Rate Annual Percentage Yield up to $1,999.99 % % $2,000.00 to $9,999.99 % % $10,000.00 to $49,999.99 % % $50,000.00 or more % % STATEMENT SAVINGS ACCOUNT Minimum Deposit to Open Account $10.00 Interest Rate % Annual Percentage Yield % 18/65 STATEMENT SAVINGS ACCOUNT Minimum Deposit to Open Account $10.00 Interest Rate % Annual Percentage Yield % CLUB SAVINGS ACCOUNT Minimum Deposit to Open Account $10.00 Interest Rate % Annual Percentage Yield % LIFE GOALS SAVINGS ACCOUNT Minimum Deposit to Open Account $10.00 Interest Rate % Annual Percentage Yield % HIGH FIVE SAVINGS ACCOUNT Minimum Deposit to Open Account $1.00 Interest Rate Annual Percentage Yield Balance up to $500.00 % % Balance in excess of $500.00 % % THE FOLLOWING ACCOUNTS DO NOT EARN INTEREST TEEN CHECKING ACCOUNT Minimum Deposit to Open Account $10.00 FREE CHECKING PLUS ACCOUNT Minimum Deposit to Open Account $50.00 18/65 FREE CHECKING PLUS ACCOUNT Minimum Deposit to Open Account $50.00 FREE BUSINESS CHECKING ACCOUNT Minimum Deposit to Open Account $50.00 Information Provided Upon Request If checked, we are providing this information to you at your request. The interest rate and annual percentage yield shown herein are accurate as of . You may call our telephone number as shown on the front cover to obtain current rate information. Rev. 06/2014 FACTS WHAT DOES NORTH BROOKFIELD SAVINGS BANK DO WITH YOUR PERSONAL INFORMATION? Financial companies choose how they share your personal information. Federal Law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share and protect your personal information. Please read this notice carefully to understand what we do.
NOW Account. A NOW account is a market rate, interest-bearing account from which available funds on deposit can be withdrawn by presenting a properly drawn negotiable instrument called a “negotiable order of withdrawal” (abbreviated NOW). It is the negotiable order of withdrawal which gives this account its name. Eligibility for NOW accounts are limited to individuals, sole proprietorships and not-for-profit organizations. Money Market Account A money market account is a market rate, interest-bearing account with limited draft writing privileges. You are permitted six draft/transfers per statement cycle. Current federal regulations limit the number of drafts written on this account to third parties to six per statement cycle. If you exceed the statement cycle limitations, we may close your money market account, return your drafts unpaid, and/or charge you a special item fee. Note: For the sake of convenience, a draft drawn on your money market account will be considered a “check” in this agreement. Time Deposits Time deposits, whether evidenced by certificate or statement, are subject to the same terms as savings accounts, with the following exceptions:
NOW Account. The Account is maintained as a Negotiable Order of Withdrawal (NOW) account and is FDIC insured up to $100,000. First Financial Bank reserves the right to require you to provide seven days written notice prior to any withdrawal of funds from the Account. Although this right is rarely, if ever, exercised, we are required to reserve this right under applicable law governing NOW accounts. SOURCES OF FUNDING You may direct your employer to transfer your salary or other compensation into the Account electronically. Transferring of funds by your employer should be reported to the appropriate governmental agencies by your employer and you should be sure to obtain the appropriate notification, for the purposes of tax reporting, from your employer. We bear no responsibility, whatsoever, for any such reporting or tax liabilities. We may also allow other ACH deposits at our discretion. You may not deposit or transfer funds to the Account via cash or paper check transfer unless we agree to provide that service by allowing you to designate additional funding methods.
NOW Account. To the extent of funds on deposit in the NOW account established by Crews at Bank, as required by Federal banking regulations, the Bank has reserved the right to require seven (7) days prior written notice before any withdrawal. While the Bank has not advised Crews that it has a present intention of exercising that right, the Bank may do so in its discretion. If the Bank exercises that right with respect to any proposed withdrawal from your XXX, Xxxxx will not be obligated to transfer funds from your XXX until such funds are released by Bank for withdrawal.
NOW Account. $ 2.00 Money Market Investments................................ $ 2.00 Options/Futures......................................... $27.00 Money Market STIF....................................... $ 6.00
NOW Account. Rate Information -‐ Your interest rate and annual percentage yield may change. Frequency of rate changes -‐ We may change the interest rate on your account at any time. Determination of rate -‐ At our discretion, we may change the interest rate on your account. Compounding and crediting frequency -‐ Interest will be compounded every month. Interest will be credited to your account every month. Minimum balance to open the account -‐ You must deposit $2,000.00 to open this account. Minimum balance to avoid imposition of fees -‐ A maintenance fee of $10.00 will be imposed each monthly statement cycle if the average daily balance for the monthly statement cycle falls below $2,000.00. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. Daily balance computation method -‐ We use the daily balance method to calculate the interest on your account. this method applies a daily periodic rate to the principal in the account each day. Accrual of interest on noncash deposits -‐ Interest begins to accrue on the first business day after the banking day you deposit noncash items (for example, checks).
NOW Account. We offer NOW accounts, which are commonly called interest bearing checking accounts. A NOW account must consist solely of funds in which the entire beneficial interest is held by one or more individuals in an individual capacity, a sole proprietor, or a governmental unit, but not professional corporations or business partnerships. A NOW account may also be held by a for-profit organization serving in a fiduciary or trustee capacity for an entity that is itself permitted to hold a NOW account. Otherwise, an organization may hold a NOW account only if it is operated primarily for religious, philanthropic, charitable, educational or other similar purpose. If we believe you are ineligible for a NOW account, we may either close the account or convert it to another type of account. Any reference to checking accounts in this Agreement includes NOW accounts. Demand Deposit Account (DDA). Demand deposit accounts are commonly called checking accounts. Any customer can apply to open a demand deposit account. Most demand deposit accounts do not earn interest. We may offer interest bearing demand deposit accounts to business customers. Please ask for details. Any reference to checking accounts in this agreement includes demand deposit accounts.
