Plus Accounts definition
Examples of Plus Accounts in a sentence
The statement period date and frequency for your Linked Plus Accounts will be changed to be the same as the statement period and frequency as your Master Account.
Thereafter, except with regard to 18- month Fixed Rate Deposit Plus Accounts (see below), you may make no additional deposits to this Account prior to the maturity of the certificate.
With regard to 18-month Fixed Rate Deposit Plus Accounts, you may make additional deposits, but any additional deposits must be made by electronic funds transfer or automatic payroll deduction.
You must read your Deposit Account Disclosure to determine which Accounts are eligible to be linked as Linked Plus Accounts to receive a monthly maintenance fee waiver under Relationship Waiver.
DEPOSITS: The minimum balance required to open and maintain this Account is $500.00 ($250.00 for 18-month Fixed Rate Deposit Plus Accounts).
TRANSACTION LIMITATIONS: Except with regard to 18-month Fixed Rate Deposit Plus Accounts, after the Account is opened, you may not make deposits into the Account until the maturity date stated on the certificate.
If a Share DEPOSITS: With regard to 18-month Fixed Rate Deposit Plus Accounts, you may make additional deposits during the term of the Account without effect on the date of maturity of the Account.
For all Accounts (except share draft, Savings, and Savings Plus 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.
To receive a monthly maintenance fee waiver based on the Average Daily Balance in your Wealth Checking Account, you must contact your BMO ▇▇▇▇▇▇ Banker to request Relationship Waiver and designate your Master Account and Linked Plus Accounts.
We do not automatically link your Accounts or designate Accounts as your Master Account or Linked Plus Accounts.