Balance Information definition
Balance Information. We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield. Limitations: You must deposit $1,000.00 to open this account. You may not make additional deposits into this account. You may not make withdrawals from your account until the maturity date. Time Account Information: Your account will mature in the term of the Certificate of Deposit. If you withdraw any of the principal before the maturity date, we may impose a penalty of 90 days of interest on the amount withdrawn. This account will automatically renew. You will have 10 CALENDAR DAYS after the maturity date to withdraw funds without penalty. If you do not withdraw the funds, each renewal term will be for an identical period of time as the original term.
Balance Information. We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $0.01 in the account each day to obtain the disclosed percentage yield. Limitations: You must deposit $100.00 to open this account. In order to receive the maximum interest rate and ATM fee refunds, the minimum monthly activity required is: Account Fees: There is no monthly service charge for this account. PERSONAL SAVINGS
Balance Information. We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $300.00 in the account each day to obtain the disclosed annual percentage yield. Limitations: You must deposit $200.00 to open this account. You may make six (6) transfers from your account each statement cycle, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction, by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited. Account Fees: A monthly service charge of $4.00 will be imposed each month if the balance in the account falls below
Examples of Balance Information in a sentence
Balance Information: The Bank uses the daily balance method to calculate the interest on the account.
Balance Information – Balance information obtained through the Services will reflect all credit and debit information as of the end of the previous banking day.
Balance Information The minimum balance requirements applicable to each account are set forth on the Rate and Fee Addendum.
Balance Information – Account balance information may not reflect recent transactions and may include funds which are not available for immediate withdrawal.
Balance Information Minimum Balance Requirements: No minimum balance is required to open or maintain a Savings Account, avoid the imposition of any fees, or obtain the disclosed annual percentage yield.
More Definitions of Balance Information
Balance Information. We use the daily balance method to calculate the dividends on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $500.00 in the account each day to obtain the disclosed annual percentage yield. Limitations: You must deposit $500.00 to open this account. You may not make additional deposits into this account. You may not make withdrawals from your account until the maturity date. Time Account Information: Your account will mature in 90 days. If you withdraw any of the principal or dividends before the maturity date, we will impose a penalty of 90 days dividends on the amount withdrawn subject to penalty, whether earned or not. This account will automatically renew unless otherwise requested. You will have 5 calendar days after the maturity date to withdraw funds without penalty. If you do not withdraw the funds, each renewal term will be for an identical period of time as the original term. 90 DAY MINI-JUMBO CERTIFICATE
Balance Information. We compute the balance in your Share Certificate Account to deter- mine the dividends you will be paid by using the average daily balance method which applies a periodic rate to the average daily balance in the Account for the period. We calculate the average daily balance by adding the balance in the Account for each day of the period and dividing that figure by the number of days in the period.
Balance Information. We compute the balance in your IRA Share Certificate Account to determine the dividends you will be paid by using the average daily balance method which applies a periodic rate to the average daily balance in the Account for the period. We calculate the average daily balance by adding the balance in the Account for each day of the period and dividing that figure by the number of days in the period. TRANSACTION LIMITATIONS: There are no limitations on the frequency or amount of additions to your account, as disclosed in the appropriate Credit Union IRA Custodial Agreement.
Balance Information. We compute the balance in your Minor Account to determine the dividends you will be paid by using the average daily balance method which applies a periodic rate to the average daily balance in the Account for the period. We calculate the average daily balance by adding the balance in the Account for each day of the period and dividing that figure by the number of days in the period. TRANSACTION LIMITATIONS: No transaction limitations apply to your Minor Account.
Balance Information. We use the daily balance method to calculate the dividends on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of Limitations: You must deposit $50.00 to open this account.
Balance Information. We use the daily balance method to calculate the inter- est on the account. This method applies a daily periodic rate to the principal in the account each day. We will use an interest accrual basis of 365 (or 366 in leap year) for each day in the year. You must maintain a minimum balance of $0.01 in the account each day to obtain the disclosed annual percentage yield. Time Account Information: Your account will mature at least 12 months from the date of account funding. Maturity date will be provided to you through the email used at application. While an actual certificate is not issued, you
Balance Information. We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $100,000.00 in the account each day to obtain the disclosed annual percentage yield. Limitations: You must deposit $100,000.00 to open this account. You may not make additional deposits into this account. You may not make withdrawals from your account until the maturity date. Time Account Information: Your account will mature in the term of the Certificate of Deposit. If you withdraw any of the principal before the maturity date, we may impose a penalty of 180 days interest on the amount withdrawn. This account will automatically renew. You will have 10 CALENDAR DAYS after the maturity date to withdraw funds without penalty. If you do not withdraw the funds, each renewal term will be for an identical period of time as the original term. Rate Information: This Account is an interest-bearing account. The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. The interest rate will be in effect for the term of the Certificate of Deposit. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded daily and will be credited quarterly. We will deposit the interest in an account that you designate. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.