Withdrawal of Dividends Prior to Maturity Sample Clauses

Withdrawal of Dividends Prior to Maturity. For all term share Accounts, the Annual Percentage Yield assumes dividends remain on deposit until maturity. A withdrawal will reduce earnings.
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Withdrawal of Dividends Prior to Maturity. The annual percentage yield is based on an assumption that dividends will remain in the Account until maturity. A withdrawal will reduce earnings.
Withdrawal of Dividends Prior to Maturity. For all term Accounts, the APY assumes dividends remain on deposit until maturity. A withdrawal will reduce earnings.
Withdrawal of Dividends Prior to Maturity. The annual percentage yield of your account assumes that the dividends will remain on deposit until maturity. A withdrawal of dividends will reduce earnings. Minimum Balance Requirements: There is a $500.00 minimum balance requirement for this account. Early Withdrawal Penalties: A penalty may be imposed on the entire account balance for withdrawals before maturity. How the Penalty Works: The penalty is calculated as a forfeiture of part of the dividends that have been or would be earned on the account. It applies whether or not the dividends have been earned. In other words, if the account has not yet earned enough dividends or if the dividend has already been paid, the penalty will be deducted from the principal. If your account has an original maturity of one (1) year: The penalty we may impose will equal 60 days’ dividends (earned or unearned) plus current month accrued dividends. If your account has an original maturity of more than one (1) year: The penalty we may impose will equal 90 days’ dividends (earned or unearned) plus current month accrued dividends. In certain circumstances such as the death, or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty.
Withdrawal of Dividends Prior to Maturity. For all term Accounts, the Annual Percentage Yield assumes dividends remain on deposit until maturity. A withdrawal will reduce earnings. Additional Transaction Limitations. For all Accounts (except money market and share draft Accounts), during any calendar month, You may not make more than six withdrawals from or transfers to another Credit Union Account of Yours or to a third party by means of a pre-authorized or automatic transfer or telephonic order or instruction, or by check, draft, debit card, if applicable, or similar order to a third party. If You exceed these limitations, Your Account may be subject to closure by the Credit Union. For all Accounts (except share draft Accounts), the Credit Union reserves the right to require a member intending to make a withdrawal to give written notice of such intent not less than 7 days and not more than 60 days before any such withdrawal.
Withdrawal of Dividends Prior to Maturity. For certificates, the Annual Percentage Yield assumes that dividends remains on deposit until maturity. A withdrawal will reduce earnings.
Withdrawal of Dividends Prior to Maturity. For all term share Accounts, the Annual Percentage Yield assumes dividends remain on deposit until maturity. A withdrawal will reduce earnings. Account Type Term Share IRA Term Share Rate Bump Term Share Dividend Period Monthly Monthly Monthly Compounding Frequency Monthly Monthly Monthly Crediting Frequency Monthly Monthly Monthly Variable Rate Information. For all variable-rate Accounts, the dividend rate and APY may change at any time based on the determination of the Credit Union's Board of Directors.
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Withdrawal of Dividends Prior to Maturity. The APY is based on an assumption that dividends will remain in the Account until maturity. A withdrawal will reduce earnings. Transaction Limitations . After an Account is opened, you may not make deposits into the Account until the maturity date stated on the Account unless the term and conditions of the Account allows for deposits. You can only withdraw dividends in the term in which they are credited without penalty. You may withdraw dividends anytime during the term of crediting only after they have been credited to your Account.
Withdrawal of Dividends Prior to Maturity. The APY is based on an assumption that dividends will remain in the account for one year. Having dividends transferred out of the certificate to one of your UCU Share (Savings) or Checking accounts will reduce the earnings in the certificate. If the dividends are transferred into a dividend-bearing account, they may earn dividends.
Withdrawal of Dividends Prior to Maturity. For all certificate Accounts, the Annual Percentage Yield assumes that dividends remain on deposit until maturity. A withdrawal will reduce earnings. Variable Rate Information. For all Variable Rate Accounts, the Dividend Rate and APY may change based on the determination of the Credit Union's Board of Directors or designated committee. Prime Share Quarterly Quarterly Quarterly Special Purpose Share Quarterly Quarterly Quarterly Youth Savings Quarterly Quarterly Quarterly Save More Savings Quarterly Quarterly Quarterly Holiday Club Share Annually Annually Annually IRA Share Quarterly Quarterly Quarterly Dividend Checking Monthly Monthly Monthly Save More Checking Monthly Monthly Monthly High Yield Checking Monthly Monthly Monthly Save More Money Market Weekly Weekly Weekly High Yield Money Market Monthly Monthly Monthly Jumbo Money Market Weekly Weekly Weekly IRA Money Market Weekly Weekly Weekly Term Certificate* Quarterly Quarterly Quarterly IRA Term Certificate* Quarterly Quarterly Quarterly Double-Up Term Certificate* Quarterly Quarterly Quarterly Rising Rate Term Certificate* Quarterly Quarterly Quarterly *For terms to maturity equal to or greater than 1 year (for terms less than 1 year the dividend period, compounding and crediting frequency will be at maturity)
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