Certificate Accounts definition
Examples of Certificate Accounts in a sentence
Unless otherwise specified for a specific type of Term Certificate below, these general terms and conditions shall apply to all Term Certificate Accounts, which are Term Certificates and IRA Term Certificates.
If you sign the application, you grant us a security interest in all existing and future funds in your Share/Savings, Draft/Checking, and/or Certificate Accounts with the Credit Union.
For Term Certificate and IRA Term Certificate Accounts, the dividend period is monthly.
The dividend rate for the renewal term will be the same we offer on new Flex Certificate Accounts on the maturity date which have the same term, minimum balance (if any) and other features as the original Flex Certificate Account.
Term Certificate Accounts are fixed-rate accounts and are non-negotiable and non- transferable.
See your early withdrawal penalty notification in the Certificate Rate & Fee Schedule for Certificate Accounts.
For current dividend rates and corresponding APY, refer to the Account and Term Certificate Rate Schedule; we may change dividend rates and APYs offered for new Term Certificate Accounts.
You agree that Share Certificate Accounts are governed by the terms of this Agreement and the specific terms and disclosures on the Certificate Account Agreement provided at the time you open a certificate account.