Account and Rate. An Individual Retirement Account (XXX) may be established by a member completing a separate XXX application form and making a contribution of $50.00 or more. These accounts are a special type of savings accounts and may provide tax benefits to the account owner. Only the individual designated as the Member on the Application and Agreement may be an owner of an XXX. This Account cannot have joint owners. The dividend rate and Annual Percentage Yield for your XXX are variable and are subject to change quarterly. Refer to the Rate Schedule for current dividend rates and APY. You may also call (000) 000-0000 for rate information. Minimum Balance Requirements; Deposits. An initial deposit of at least $50.00 is required to open an XXX. After you have established your XXX, you may make additional deposits into that account at any time. We may establish minimum amounts for deposits in these Accounts from time to time. Deposits are also subject to federal law limitations. Withdrawing Money from Your XXX. As long as you have money in your account, and subject to any applicable state or federal laws and regulations, the transaction limitations in this Agreement, including the Truth in Savings Disclosure, and the Credit Union’s Bylaws, money can be withdrawn from your account by any method approved by the Credit Union. Currently the only approved methods are an in-office transaction or a written request (such as by mail) meeting the credit union’s requirements. Withdrawals from this account will reduce earnings. If you seek to make a withdrawal that will reduce your account balance below $50.00, we require you to withdraw the full amount in the account and close it. Rate and Annual Percentage Yield ("APY"). Your Account will earn dividends, at rates established by the Credit Union's Board from time to time. The Credit Union reviews the dividend rate and corresponding annual percentage yield (APY) it pays on your XXX each dividend period. Refer to the Rate Schedule for our current rates. The dividend rate and APY may change every calendar quarter as determined by the Credit Union. This is a variable rate account. The dividend rates will be available each business day at our office. Daily balance computation method: Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. Compounding Dividends. We compound your dividends, even though that isn't required by law. Compounding is more favorable to you, ...
Account and Rate. A Christmas Club Account may be established by you designating the appropriate option on the Membership Card and making a deposit or, if it is established after your Membership Share Savings Account is opened, by completing an Application to Add Christmas Club Account. Refer to the Rate Schedule for current dividend rates and APY. You may also call (000) 000-0000 for rate information. Withdrawals from this account will reduce earnings.
Account and Rate. An Individual Retirement Account (XXX) may be established by a member completing a separate XXX application form and making a contribution of $5.00 or more. These accounts are a special type of share accounts and may provide tax benefits to the account owner. An XXX may be established as a Certificate Account in which event the provisions of this Agreement dealing with Certificate Accounts will apply unless superseded by the provisions of any Agreements specifically applicable to IRAs. Only the individual designated as the Member on the Membership Card used for consumer accounts may be an owner of an XXX. This Account cannot have joint owners. The dividend rate and Annual Percentage Yield for your XXX are variable and are subject to change quarterly. Refer to the Rate Schedule for current dividend rates and APY. You may also call 000.000.0000 for rate information. The Credit Union may establish various categories of Individual Retirement Accounts; details of each type are set forth in the Credit Union’s Truth-in-Savings Disclosure. Minimum Balance Requirements; Deposits. An initial deposit of at least $5.00 is required to open an XXX Share. An initial deposit of at least $500.00 is required to open an XXX Certificate. After you have established your XXX, you may make additional deposits into that account at any time. We may establish minimum amounts for deposits in these Accounts from time to time. Deposits are also subject to federal law limitations. Withdrawing Money from Your XXX. As long as you have available funds in your account, and subject to any applicable state or federal laws and regulations, the transaction limitations in this Agreement, including the Truth in Savings Disclosure, and the Credit Union’s Bylaws, money can be withdrawn from your account by any method approved by the Credit Union. Currently the only approved methods are an in-office transaction or a written request (such as by mail) meeting the credit union’s requirements. Withdrawals from this account will reduce earnings. If you seek to make a withdrawal that will reduce your account balance below the required minimum balance, we require you to withdraw the full amount in the XXX account and close the XXX account. Additional Provisions Affecting Certificate Accounts. Additional provisions of this Agreement applicable to IRAs are set forth in the Credit Union’s Truth-in-Savings Disclosure and in the Credit Union’s Rate Schedule and Fee Schedule. Fiduciary Accounts
Account and Rate. A member may establish a Certificate Account and/or a Long Term Certificate Account (we will refer to these as “Certificates”) by signing appropriate documentation and making the required minimum deposit. Certificates are savings accounts (also known as “Term Accounts”) that generally earn a higher rate of interest than other savings accounts. The interest rate and APY for Certificates are fixed. Once you purchase a Certificate, your interest rate will not be changed or recalculated during the term of that Certificate. The APY assumes that interest earned will remain on deposit until maturity. A premature withdrawal from this account will reduce earning and may incur penalties (see the Rate Schedule for information concerning such penalties). The Credit Union may establish various categories of Certificate Accounts; details of each type are shown in the Credit Union’s Truth-in-Savings Disclosure.
Account and Rate. An Individual Retirement Account (IRA) may be established by a member designating the appropriate option on the Membership Card, completing an IRA application form, and making a contribution. These accounts are savings accounts that generally earn a higher rate of interest than Primary Savings Accounts and may provide tax benefits to the account owner. Only the individual designated as the primary member on the Membership Card may be an owner of an IRA. This Account is not a multiple party account. The interest rate and Annual Percentage Yield for your IRA is variable and is subject to change quarterly. Refer to the Rate Sheet for current interest rates and APY. You may also call 000-000-0000 for rate information. Withdrawals from this account will reduce earnings.
Account and Rate. An authorized signer may establish a Certificate Account and/or a Long Term Certificate Account (we will refer to these as “Certificates”) by signing appropriate documentation and making the required minimum deposit. Certificates are savings accounts (also known as “Term Accounts”) that generally earn a higher rate of interest than other savings accounts. The interest rate and APY for Certificates are fixed. Once you purchase a Certificate, your interest rate will not be changed or recalculated during the term of that certificate. The APY assumes that interest earned will remain on deposit until maturity. A withdrawal from this account will reduce earnings (see the Rates and Fees Schedule for a list of fees). You may also contact our member Services Team 800.664.3828 for rate information.
Account and Rate. An Individual Retirement Account (XXX) may be established by a member completing a separate XXX application form and making a contribution. These accounts are a special type of savings accounts and may provide tax benefits to the account owner. Only the individual designated as the Member on the Application and Agreement may be an owner of an XXX. This Account cannot have joint owners. The dividend rate and Annual Percentage Yield for your XXX are variable and are subject to change quarterly. Refer to the Rate Schedule for current dividend rates and APY. You may also call 000.000.0000 for rate information. Minimum Balance Requirements; Deposits. There is no minimum deposit required to open an XXX. . After you have established your XXX, you may make additional deposits into that account at any time. We may establish minimum amounts for deposits in these Accounts from time to time. Deposits are also subject to federal law limitations. Withdrawing Money from Your XXX. As long as you have money in your account, and subject to any applicable state or federal laws and regulations, the transaction limitations in this Agreement, including the Truth in Savings Disclosure, and the Credit Union’s Bylaws, money can be withdrawn from your account by any method approved by the Credit Union. Currently the only approved methods are an in-office transaction or a written request (such as by mail) meeting the credit union’s requirements. Withdrawals from this account will reduce earnings. Rate and Annual Percentage Yield ("APY"). Your Account will earn dividends, at rates established by the Credit Union's Board from time to time. The Credit Union reviews the dividend rate and corresponding annual percentage yield (APY) it pays on your XXX each dividend period. Refer to the Rate Schedule for our current rates. The dividend rate and APY may change every calendar quarter as determined by the Credit Union. This is a variable rate account. The dividend rates will be available each business day at our office. Daily Balance Computation Method: Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. Compounding Dividends. We compound your dividends, even though that isn't required by law. Compounding is more favorable to you, because once dividends have been earned by your account they are added to the balance on which you will earn future dividends. Because we compound dividends, the Annual Percentage Yield (A...
Account and Rate. A Money Market Account may be established by a member designating the appropriate option on the Membership Agreement and making a deposit. Money Market Accounts are savings accounts that generally earn a higher rate of interest than other share savings accounts. The interest rate and Annual Percentage Yield for Money Market Accounts is variable and is subject to change monthly. Refer to the Rate Sheet for current interest rates and APY. You may also call 000-000-0000 for rate information. Withdrawals from this account will reduce earnings.
Account and Rate. A Holiday Club Account may be established by a member designating the appropriate option on the Membership Agreement and making a deposit. Rates are variable. Refer to the Rate Sheet for current interest rates and APY. You may also call 000-000-0000 for rate information. Withdrawals from this account will reduce earnings.
Account and Rate. An Individual Retirement Account (IRA) may be established by a member completing a separate IRA application form and making a contribution. These accounts are a special type of savings accounts and may provide tax benefits to the account owner. Only the individual designated as the Member on the Application and Agreement may be an owner of an IRA. This Account cannot have joint owners. The dividend rate and Annual Percentage Yield for your IRA are variable and are subject to change quarterly. Refer to the Rate Schedule for current dividend rates and APY. You may also call 000.000.0000 for rate information. Minimum Balance Requirements; Deposits. There is no minimum deposit required to open an IRA. . After you have established your IRA, you may make additional deposits into that account at any time. We may establish minimum amounts for deposits in these Accounts from time to time. Deposits are also subject to federal law limitations. Withdrawing Money from Your IRA. As long as you have money in your account, and subject to any applicable state or federal laws and regulations, the transaction limitations in this Agreement, including the Truth in Savings Disclosure, and the Credit Union’s Bylaws, money can be withdrawn from your account by any method approved by the Credit Union. Currently the only approved methods are an in-office transaction or a written request (such as by mail) meeting the credit union’s requirements. Withdrawals from this account will reduce earnings. Rate and Annual Percentage Yield ("APY"). Your Account will earn dividends, at rates established by the Credit Union's Board from time to time. The Credit Union reviews the dividend rate and corresponding annual percentage yield (APY) it pays on your IRA each dividend period. Refer to the Rate Schedule for our current rates. The dividend rate and APY may change every calendar quarter as determined by the Credit Union. This is a variable rate account. The dividend rates will be available each business day at our office. Daily Balance Computation Method: Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. Compounding Dividends. We compound your dividends, even though that isn't required by law. Compounding is more favorable to you, because once dividends have been earned by your account they are added to the balance on which you will earn future dividends. Because we compound dividends, the Annual Percentage Yield (A...
