APY definition

APY means Annual Percentage Yield as defined in Regulation DD, i.e., the total interest earned on a deposit, based on the interest rate and the frequency of compounding for a 365 day period, and expressed as a percentage.

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APY as used above means “annual percentage yield”. Contact a Credit Union employee for further information about applicable fees and terms. Dividends will be compounded monthly, and dividend rates may change monthly. Please see launchcu.com, call 321-455-9400 or 800-662-5257, or inquire at your local branch for current rates.

APY means annual percentage yield.

Examples of APY in a sentence

• If interest compounds during the term of the Certificate and may be withdrawn prior to maturity, the withdrawal of interest prior to maturity will affect the APY.

• The terms of the Certificate, such as the interest rate(s), Annual Percentage Yield ("APY"), length of term period, renewability, and date of maturity are specified on the Certificate and in the Disclosures provided to you at the time of account opening.

• The terms of the Certificate, such as the dividends rate(s), Annual Percentage Yield ("APY"), length of term period, renewability, and date of maturity are specified on the Certificate and in the Disclosures provided to you at the time of account opening.

• The interest rate and annual percentage yield (APY) on the retirement CD account is determined on the day we receive your application.

• There is no minimum balance requirement to obtain the disclosed interest rate and APY.

More Definitions of APY

APY as used above means “annual percentage yield”. Contact a Credit Union employee for further

APY means Annual Percentage Yield and refers to the percentage yield of your account on a yearly basis. This yield is the interest rate that shall be accrued by deposits in your account if the deposited

APY. (Annual Percentage Yield) means the effective annual rate of return taking into account the effect of the Fund’s compounding of such return on a quarterly basis. The Fund shall calculate the APY by using the following formula:

APY means the total amount of interest paid on an Savings Account, based on the interest rate and the frequency of compounding for a three hundred sixty-five (365) day period (three hundred sixty-six (366) day period in a leap year), and is expressed as a percentage.

APY means Allmerica Property & Casualty Companies, Inc., a --- Delaware corporation.

APY means the annual percentage yield.

APY. Annual Percentage Yield.