Savings Account definition

Savings Account means an account, which is based on Mudarabah and its profit shall be calculated based on the profit earned on any balance maintained above the minimum threshold or average threshold (as may be agreed upon with the Bank).

Savings Account means a deposit account, other than an escrow account established pursuant to section 49-2a, into which savings deposits may be made and which account must be evidenced by periodic statements delivered at least semiannually or by a passbook;

Savings Account means an account which a depositor maintains with a society and in which he may not keep a larger credit balance than is determined by the rules of the society and from which he may not without the consent of the society, make a withdrawal at shorter notice, according to the amount to be withdrawn, than is determined by the rules of the society;

Examples of Savings Account in a sentence

• Your consent will apply to all future applicable notices relating to your Health Savings Account (HSA) until you are no longer an accountholder or until you withdraw consent as provided below.

• If an employee chooses a high deductible health insurance plan, the Employer shall contribute the following amounts towards the employees’ deductible in quarterly installments (as equally divided as possible) to be deposited into the employee’s Health Savings Account: For Family Plan: $900.00 For Single Plan: $600.00 By mutual agreement, the parties may re-open contract negotiations on the health care article only.

• The Share Account is a Savings Account and is subject to the same restrictions that apply to all Savings Accounts.

• Health Savings Account (HSA) District Contribution For employees enrolled in a HSA compatible Health Plan, the district shall establish a Health Saving Account and contribute the maximum HSA contribution amounts as identified by the Internal Revenue Service for single, employee plus 1 or family.

• Pursuant to our governing instrument or the Trustee Act 2000 (as the case may be) it was resolved that a Savings Account or Savings Bond be opened with £ with Kingdom Bank Ltd, and that Kingdom Bank Ltd is authorised to accept instructions in accordance with the mandate given by the Trustees from time to time.

More Definitions of Savings Account

Savings Account means any savings account maintained with the bank, excluding those accounts which are opened in the name minors, either individually or jointly.

Savings Account means SuperSaver Savings Account

Savings Account means an interest-bearing account not subject to withdrawal by check or other

Savings Account means any deposit or other account at a depository institution

Savings Account means a deposit or other account at a depository institution that is not a transaction account.

Savings Account means the monetary interest of the owner thereof in the aggregate of savings accounts in the associa- tion and consists of the withdrawal value of such interest.

Savings Account means any withdrawable account, except a de- mand account, a tax and loan account, a note account, a United States Treas- ury general account, or a United States Treasury time deposit-open account.