Savings Accounts. BECU reserves the right to require 90 days’ prior written notice of any intended withdrawal from any Savings Account or a longer period as determined under applicable law. Restrictions, rates and fees are set forth in the Consumer Account Disclosure.
Savings Accounts. By virtue of the Merger, savings accounts held at the Bank shall automatically, by operation of law, become savings accounts held at FMB.
Savings Accounts. If your account is an interest bearing account and is not a NOW account or time deposit, the following terms may apply.
Savings Accounts. Upon the Effective Date, any savings accounts of Interim III, without reissue, shall be and become savings accounts of the Surviving Corporation without change in their respective terms, including, without limitation, maturity minimum required balances or withdrawal value.
Savings Accounts. After the Effective Date, Sovereign Bank will continue to issue savings accounts on the same basis as immediately prior to the Effective Date.
Savings Accounts. If your account is an interest-bearing account and is not a NOW account or time deposit, the following terms may apply. Transfers and Withdrawals. There are no limits on the amount of transfers that can be made to or from the savings account. HEALTH SAVINGS ACCOUNTS. A Health Savings Account (HSA) is a tax preferred account that you agree: a) you are eligible to open and maintain, b) to notify us when you are no longer eligible to maintain, c) will be used for contributions, withdrawals, and earnings for qualified medical expenses or as allowed by law, and d) you will execute and comply with the terms and conditions in the Health Savings Account Trust or Custodial Agreement. Consult your tax advisor about the tax treatment of contributions, withdrawals and earnings.
Savings Accounts. The dividend rate on your savings accounts may change quarterly as determined by the Credit Union Board of Directors. Dividends are paid at the end of the period from current income and available earnings after required transfers to reserves.
Savings Accounts. After the Bank Merger Effective Time, the Surviving Bank will continue to issue savings accounts on the same basis as immediately prior to the Bank Merger Effective Time.
Savings Accounts. The savings accounts of the Surviving Bank issued after the Effective Time shall be issued on the same basis as savings accounts had been issued by Xxxxxxx Bank prior to the Bank Merger.
Savings Accounts. 2. A minimum deposit equal to the par value of a share is required to open a Savings Account(s) and become a member of the Credit Union. If the balance of your Savings Account(s) is subsequently reduced to less than the par value and remains so after six (6) months, we may close the account(s).
