Renewal Policy Sample Clauses

Renewal Policy. Your account will automatically renew at maturity. You will have a grace period of seven (7) calendar days after the maturity date to withdraw the funds in the account without being charged an early withdrawal penalty. During this grace period you may make additional deposits.
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Renewal Policy. Unless you instruct the Credit Union otherwise, your certificate account will automatically renew at maturity. You will have a grace period of five (5) business days after the maturity date to withdraw the funds in the account without being charged an early withdrawal penalty. However, the Credit Union reserves the right to give the owner written notice that the account will not be renewed. In the latter case, upon maturity, the account will be converted to a regular share account and receive earnings at the rate then paid on regular share deposits. The rate of earnings for any renewal terms, shall be at the rate the Credit Union is then offering on the same accounts in this class. If you instruct us not to renew your account, then no dividends will be paid after the stated maturity date.
Renewal Policy. Unless you otherwise instruct us, your certificate account will automatically renew at maturity. You will have a grace period as indicated above after the maturity date to withdraw the funds in the account without being charged an early withdrawal penalty. Fee Schedule FEES. Fees are subject to change. Contact us for the most current information regarding fees. The following fees and charges are applicable to your account(s), services and/or transactions as of 10/4/22 SAVINGS, CHECKING, ACH, AND EFT FEES OTHER SERVICE FEES Minimum Balance Fee (Premium Checking) $5.00 per month (if below minimum daily balance) Title Processing Fee $50.00 NSF Fee Returned Deposit Item Overdraft Transfer Fee Courtesy Pay Fee Stop Payment Fee Check Copy Fee Statement Copy Fee Counter Checks SAFE DEPOSIT BOX FEES Replacement Card Fee 3"X5" $25.00 per item $12.00 per item $5.00 per item (moved in $50.00 increments) $25.00 per item $25.00 per item $1.00 per item $2.00 per item $1.00 for 4 checks $10.00 per card $25.00 per year Incoming Wire Fee Wire Transfer Fee (Outgoing)- Domestic Wire Transfer Fee (Outgoing)- International Wire Return Fee (Domestic) Wire Return Fee (International) Garnishment, Tax Levy, and Judgement Fee Collection/Special Handling Fee Cashier's, Certified or Official Check $10.00 per wire $15.00 per wire $50.00 per wire $5.00 per return $25 per return $50.00 per incident Varies per item $2.00 per item (in excess of 3 daily) 3"x10" $35.00 per year Returned Mail/Address $2.00 per month Search 5"x10" 10"x10" $45.00 per year $75.00 per year Record Searches/Research Inactivity/Dormancy Fee $15.00 per hour $10.00 per month Drill Fee (3rd party service fees apply) $175.00 per incident (no member-initiated activity for 24 months) New Lock with Keys $125 per incident X. X. Xxx 1610, Auburn, AL 00000-0000 Phone: 000-000-0000 Fax: 000-000-0000 xxx.xxxxxx.xxx CONSENT CODE: 1290
Renewal Policy. Unless you have provided alternate Certificate instructions, your Certificate will automatically renew at the rate current at that time for the same Certificate term. You will have a grace period of seven days after renewal to withdraw the funds without being charged a penalty. Dividends will not be paid on the amount withdrawn during the seven-day grace period. Early Withdrawal Penalty A substantial penalty is imposed if any funds, other than the last dividends paid, are withdrawn from the Certificate prior to the maturity date. If the dividend is not sufficient to cover the penalty, the principal amount will be reduced to cover this amount. The penalties are as follows:
Renewal Policy. For automatically renewing Certificates, there will be a 10 calendar day grace period for withdrawals after maturity, during which time no early withdrawal penalty will apply. Dividends will not be earned during the grace period on funds withdrawn during the grace period. If a Certificate account is not withdrawn within 10 days after it matures, it will automatically renew from its last maturity date unless we give you notice that it will not renew. Renewed certificates will be reinvested in another Certificate of equal term at the interest rate and APY in effect on the date of maturity and renewal. The Credit Union shall determine the interest rate for the renewed Certificate on or before maturity, and that information will be available upon maturity prior to renewal. Within 10 days after the maturity date, you may visit any office or call Member Services during regular business hours at 1-231-946- 6655, to find out the interest rate and APY that will apply to the Certificate if it is renewed. You can also find current Certificate rates online at xxx.xxxxxx.xxx.. You may make an additional deposit to certificates during the 10-day grace period unless you choose a new certificate with a different length of maturity. All other terms and conditions, including the term length of the Certificate, shall be the same as the previous Certificate unless the Credit Union shall, prior to renewal, give written notice of a change in such terms and conditions.
Renewal Policy. For all accounts, your account will not automatically renew, but you may renew the account at your option. Dividends will not be paid after maturity. The balance will be transferred to another account of yours. Non-transferable/Non-negotiable. Your account is non-transferable and non- negotiable. The funds in your account may not be pledged to secure any obligations of an owner, except obligations with the Credit Union. FUNDS AVAILABILITY POLICY DISCLOSURE THIS DISCLOSURE DESCRIBES YOUR ABILITY TO WITHDRAW FUNDS AT THE CREDIT UNION. YOU SHOULD ALSO REFER TO THE SECTION OF THESE AGREEMENTS AND DISCLOSURES THAT DESCRIBES THE DETAILS OF YOUR SPECIFIC ACCOUNT TYPE FOR ADDITIONAL INFORMATION. General Policy. Our policy is to make funds from your check deposits available to you on the next business day after the day that we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once they are available, you can withdraw the funds and we will use the balance of available funds to pay checks that you have written. For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. If you make a deposit before closing on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit after closing or on a day we are not open, we will consider that the deposit was made on the next business day we are open.
Renewal Policy. All Certificate accounts will automatically be renewed on the initial or any subsequent renewal maturity date, unless otherwise directed by you, or the Credit Union shall, prior to maturity, give you written notice that the Certificate will not be renewed. The interest rate and Annual Percentage Yield (APY) to be paid upon renewal shall be determined by the Credit Union at or before maturity, and written notice of the renewal rate shall be mailed, or provided electronically, to you no later than two (2) business days after maturity. Other than Special Rate Certificates, all other terms and conditions, including the length of the term of the Certificate, shall be the same as the original Certificate unless the Credit Union shall, prior to maturity, give written notice of a change in such terms and conditions. The renewal term for Special Rate Certificates will be provided in the terms of the offer and at the time the Certificate is opened. There is a seven (7) day grace period for withdrawals from Certificates after maturity. If the Certificate is presented for payment on its maturity date or within seven (7) days thereafter, no penalty shall be imposed but no interest shall be earned after the maturity date. If the Certificate is not renewed, at maturity, the funds will be transferred to your Regular Savings Account in the Credit Union, or other account designated by you. If there is no such account at the time, the balance will be deposited to an Accounts Payable until such time as you can be reached and disposition of the Certificate is determined.
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Renewal Policy. Unless you otherwise instruct us, your certificate account will automatically renew at maturity. You will have 10 days after the maturity date to withdraw or transfer the funds without incurring an early withdrawal penalty.
Renewal Policy. Your CD will automatically renew at maturity. You will have a grace period of ten (10) business days after the maturity date to withdraw the funds in the CD without being charged an early withdrawal penalty. If at maturity your CD type is set to not renew, the CD will be closed and the funds transferred to your savings account or other account designated by you. If the CD type is no longer being offered, the CD will renew for the next shorter term.
Renewal Policy. Your CD will not automatically renew at maturity. At maturity, the balance of your CD will be deposited directly into your Primary Savings.
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