Common use of Balance Computation Method Clause in Contracts

Balance Computation Method. Dividends are calculated by the average daily balance method, which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

Appears in 3 contracts

Samples: Member Services Disclosures, www.capcu.org, www.capcu.org

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Balance Computation Method. Dividends are calculated by the average daily balance method, which applies a periodic rate to the average daily balance in the account Account for the period. The average daily balance is calculated by adding the principal balance in the account Account for each day of the period and dividing that figure by the number of days in the period.

Appears in 3 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

Balance Computation Method. Dividends are calculated by using the average daily balance method, which balance. This method applies a periodic rate to the average daily balance in the account for the dividend period. The average daily balance is calculated by adding the principal balance in the account for each day of the period period, and dividing that figure by the number of days in the period.

Appears in 3 contracts

Samples: www.hrccu.org, www.hrccu.org, www.hrccu.org

Balance Computation Method. Dividends are calculated by the average daily balance method, method which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal balance in the account for each day of the period and dividing that figure by the number of days in the period. Dividends are paid on average daily balances above $500.

Appears in 2 contracts

Samples: www.utahpowercu.org, www.utahpowercu.org

Balance Computation Method. Dividends are calculated by the average daily balance method, method which applies a periodic rate to the average daily balance in the account for the periodeach day. The average daily balance is calculated by adding the principal balance in the account for each day of the period and dividing that figure by the number of days in the period. Dividends will begin to accrue on the business day you deposit cash or non-cash items (e.g., checks) to your account if deposited before the close of business.

Appears in 2 contracts

Samples: Member Account Agreements and Disclosures, Member Account Agreements and Disclosures

Balance Computation Method. Dividends are calculated by the average daily balance method, method which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal balance in the account for each day of the period and dividing that figure by the number of days in the period. Dividends will begin to accrue on the day following the business day I deposit noncash items (e.g., checks) to my account.

Appears in 2 contracts

Samples: Account Agreement, Account Agreement

Balance Computation Method. Dividends are calculated by the average daily balance method, which Daily Balance Method that applies a daily periodic rate to the average daily actual balance in the account for at the periodend of each day. The average daily balance is calculated by adding Dividends will begin to accrue on the principal in the account for each business day of the period you deposit cash and dividing that figure by the number of days in the periodnoncash items.

Appears in 2 contracts

Samples: Membership and Account Agreement, Membership and Account Agreement

Balance Computation Method. Dividends are calculated by the average daily balance methodDaily Balance Method, which applies a daily periodic rate to the average daily actual balance in the account for at the periodend of each day. The average daily balance is calculated by adding Dividends will begin to accrue on the principal in the account for each business day of the period you deposit cash and dividing that figure by the number of days in the periodnoncash items.

Appears in 2 contracts

Samples: Membership and Account Agreement, Membership and Account Agreement

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Balance Computation Method. Dividends are calculated by the average daily balance method, which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal balance in the account for each day of the period and dividing that figure by the number of days in the period.

Appears in 1 contract

Samples: 1stliberty.org

Balance Computation Method. Dividends are calculated by using the average daily balance method, which applies a periodic rate to the average daily balance in the account for the periodbalance. The average daily balance is calculated determined by adding the full amount of principal in the account for each day of the period and dividing that figure by the number of days in the period.

Appears in 1 contract

Samples: www.for-cu.com

Balance Computation Method. Dividends are calculated by the average daily balance method, which applies a periodic rate to the average daily balance in the account for the period. The We calculate the average daily balance is calculated by adding the principal balance in the account for each day of the period and dividing that figure by the number of days in the period.

Appears in 1 contract

Samples: Membership and Account Agreement

Balance Computation Method. Dividends are calculated by the average daily balance method, which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal balance in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is monthly dividend period.

Appears in 1 contract

Samples: www.skyone.org

Balance Computation Method. Dividends are calculated by the average daily balance method, which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated determined by adding the full amount of principal in the account for each day of the period and dividing that figure by the number of days in the period.

Appears in 1 contract

Samples: www.for-cu.com

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