Business Checking Sample Clauses

Business Checking. By requesting a Business Checking account, you certify that you have never had an OCFCU account that has been closed due to abuse. You agree to be liable for nega- tive balances on your accounts including any overdrafts, regardless of the cause, and agree to immediately deposit sufficient funds to cover the overdrafts.
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Business Checking. All withdrawals from Business Checking Accounts will be charged a per item fee. Refer to the Schedule of Service Charges for fee information.
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Business Checking. This is a non-dividend-earning checking account with no minimum balance requirement. The minimum opening deposit is $100. No minimum balance requirements apply to this account and there is no monthly service fee. Premier Business Checking Account – This product is no longer available for new accounts. This is a dividend-earning, tiered-rate checking account with different rates applicable to specified balance levels. To determine current rates please call a Member Services Specialist at (800) 772- 4000, option 0. Dividends are paid at the prevailing rate corresponding to each day’s full balance. The dividend rate and APY may change at any time based upon the determination of the Credit Union’s Board of Directors. A Minimum Balance Fee will be assessed any month the minimum daily balance falls below $2,500 or the average balance falls below $5,000. Account will be assessed an Excess Check Fee per occurrence over 200 checks. Refer to our Business Schedule of Fees. Platinum Business Checking Account – This is a tiered-rate account and different rates may be applicable to specified balance levels as published on our website rate sheet. Dividends are paid at the prevailing rate corresponding to each day’s full balance. The minimum opening deposit is $100. The minimum balance required to earn any dividend is $5,000. The Annual Percentage Yield is variable and may change without notice. A Minimum Balance Fee (see Business Schedule of Fees) will be assessed any month one of the following conditions is not in effect: • The end-of-day balance in the Account falls below $10,000. • The end-of-day balance in an aggregate of all Business Savings accounts balances falls below $25,000. • The end-of-day balance in an aggregate of all Business Money Market account balances falls below $25,000. For Money Market balance to qualify, the minimum account balance requirement for the Money Market account must first be met. • Any outstanding Premier America business loan or line of credit (except overdraft lines of credit). The fee for a maximum of 8 transactions at non-Premier America and/or non CO-OP ATMs per month will be waived. Surcharges imposed by non-CO-OP and non-Premier America ATM owners or operators will not be waived. Account will be assessed an Excess Check Fee per occurrence over 250 checks. Refer to our current Business Schedule of Fees. Pledging as Collateral – Checking accounts may not be pledged as collateral to a loan. Electronic Checks – We may pay and charge t...
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Business Checking. There is no minimum deposit or balance require- ments to open the Business Checking Account. I must maintain a minimum balance of $5,000 in my Business Checking Account to avoid aservicefee as indicated on the Schedule of Fees.
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Business Checking. This is a non-dividend-earning checking account with no minimum balance requirement. The minimum opening deposit is $100. No minimum balance requirements apply to this account to avoid the imposition of a monthly service fee. Premier Business Checking Account – This product is no longer available for new accounts. This is a dividend- earning, tiered-rate checking account with different rates applicable to specified balance levels. To determine current rates please call a Member Services Specialist at (000)000-0000. Dividends are paid at the prevailing rate corresponding to each day's full balance. The dividend rate and APY may change at any time based upon the determination of the Credit Union's Board of Directors. Account will be assessed an Excess Check Fee per occurrence over 200 checks. Refer to our Business Schedule of Fees. Platinum Business Checking Account – This is a tiered-rate account with different rates applicable to specified balance levels as published on our rate sheet on our website. Dividends are paid at the prevailing rate corresponding to each day’s full balance. The minimum opening deposit is $100. The minimum balance required to earn any dividend is $10,000. The Annual Percentage Yield is variable and may change without notice. See rates on our website for current dividend. A Minimum Balance Fee (see Business Schedule of Fees) will be assessed any month one of the following conditions is not in effect: • the end-of-day balance in the Account falls below $10,000. • the end-of-day balance in an aggregate of all Business Savings accounts balances falls below $25,000. • the end-of-day balance in an aggregate of all Business Money Market account balances falls below $25,000. For Money Market balance to qualify, the minimum account balance requirement for the Money Market account must first be met. • Any outstanding Premier America business loan or line of credit (except overdraft lines of credit). Each month, the fee for a maximum of 8 transactions at non-Premier America and/or non-CO-OP ATMs per month will be waived. Surcharges imposed by non-CO-OP and non-Premier America ATM owners or operators will not be waived. Account will be assessed an Excess Check Fee per occurrence over 250 checks. Refer to our current Business Schedule of Fees. Pledging as Collateral – Checking accounts may not be pledged as collateral to a loan. Overdraft and Overdraft Protection – We may, as authorized by you, but shall not be required to, pay overdrafts in th...
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Related to Business Checking

  • Visa Check Card If approved, you may use your Visa® card to purchase goods and services from participating merchants. However, you may not use your card to initiate any type of gambling transaction. If you wish to pay for goods or services over the Internet, you may be required to provide card number security information before you will be permitted to complete the transaction. You agree that you will not use your card for any transaction that is illegal under applicable federal, state, or local law. Funds to cover your card purchases will be deducted from your checking account. For ATM and one-time debit card transactions, you must consent to the Credit Union’s overdraft protection plan in order for the transaction amount to be covered under the plan. Without your consent, the Credit Union may not authorize and pay an overdraft resulting from these types of transactions. Services and fees for overdrafts are shown in the document the Credit Union uses to capture the member’s opt-in choice for overdraft protection and the Schedule of Fees and Charges. For other types of transactions, if the balance in your account is not sufficient to pay the transaction amount, the Credit Union may pay the amount and treat the transaction as a request to transfer funds from other deposit accounts, approved overdraft protection accounts, or loan accounts that you have established with the Credit Union. If you initiate a transaction that overdraws your account, you agree to make immediate payment of any overdrafts together with any service charges to the Credit Union. In the event of repeated overdrafts, the Credit Union may terminate all services under this Agreement. You may use your card and personal identification number (PIN) in ATMs of the Credit Union, Instant Cash, and Cirrus® networks, and such other machines or facilities as the Credit Union may designate. In addition, you may use your Visa card without a PIN for certain transactions on the Visa, Instant Cash, and Cirrus® networks. However, provisions of this Agreement relating only to Visa debit transactions, such as additional limits on your liability and streamlined error resolution procedures, do not apply to transactions processed through non-Visa networks. To initiate a Visa debit transaction, you may sign a receipt, provide a card number, or swipe or insert your card at a point-of-sale (POS) terminal and choose to route the transaction over a Visa network. At the present time, you may also use your card to: - Make deposits to your savings and checking accounts. - Withdraw funds from your savings and checking accounts. - Transfer funds from your savings and checking accounts. - Obtain balance information for your savings and checking accounts. - Make point-of-sale (POS) transactions with your card and personal identification number (PIN) to purchase goods or services at merchants that accept Visa. - Order goods or services by mail or telephone from places that accept Visa. The following limitations on Visa Check Card transactions may apply: - There is no limit on the number of Visa Check Card purchases you make per day. - Purchase amounts are limited to the amount in your account. - You may purchase up to a maximum of $2,000.00 per day. - There is no limit to the number of cash withdrawals you may make in any one (1) day from an ATM machine. - You may withdraw up to a maximum of $500.00 in any one (1) day from an ATM machine, if there are sufficient funds in your account. - There is no limit on the number of POS transactions you may make in any one (1) day. - You may purchase up to a maximum of $2,000.00 from POS terminals per day, if there are sufficient funds in your account. - For security purposes, there are other limits on the frequency and amount of transfers available at ATMs. - You may transfer up to the available balance in your accounts at the time of the transfer. - See Section 2 for transfer limitations that may apply to these transactions.

  • Account Procedures and Records (a) Grantee shall establish for the Project one or more separate accounts that shall be approved by the Project Monitor. Said account or accounts shall be maintained within Grantee's existing accounting system or set up independently. Said account or accounts shall be referred to herein collectively as "the Project Account."

  • Office Visits (other than Preventive Care Services) This plan covers office and clinic visits to diagnose or treat a sickness or injury. Office visit copayments differ depending on the type of provider you see. This plan covers physician visits in your home if you have an injury or illness that: • confines you to your home; or • requires special transportation; and • because of this injury or illness, you are physically unable to travel to the provider’s

  • Medical Procedures 1. No teacher shall be required to perform any medical procedures (including but not limited to bandaging cuts/abrasions, gastrostomy tube feedings, tracheostomy suctioning and catheterizations) on any student.

  • Processing operations The personal data transferred will be subject to the following basic processing activities:

  • Hospice Services Services are available for a Member whose Attending Physician has determined the Member's illness will result in a remaining life span of six months or less.

  • LIMITATIONS OF COVERED MEDICAL SERVICES In order to be covered, the Member’s Attending Physician must specifically prescribe such services and such services must be consequent to treatment of the cleft lip or cleft palate.

  • Account Information The account balance and transaction history information may be limited to recent account information involving your accounts. Also, the availability of funds for transfer or withdrawal may be limited due to the processing time for any ATM deposit transactions and our Funds Availability Policy.

  • Audits by The District and Correction of Accounts During the term of this Agreement and for a period of six (6) years following the termination of this Agreement, the District may begin an audit of Contractor’s provision of goods and/or services under this Agreement. Contractor agrees to retain and make available for inspection all of its records pertaining to its performance of this Agreement, including billing records and any banking records that may reflect proceeds from any transactions with the District, during the term of this Agreement and for at least six (6) years following the termination of this Agreement. If Contractor receives notice that The District is auditing its performance under this Agreement or litigation results from this Agreement, then Contractor agrees to retain and make available for inspection all of its records pertaining to its performance of this Agreement, including billing records and any banking records that may reflect proceeds from any transactions with the District, for an additional three (3) years following the conclusion of the audit or the entry of a final judgment in any such litigation and the final resolution of any possible appeals of a final judgment in any such litigation. If the District determines as result of its audit, that Contractor has failed to satisfy the invoicing or documentation requirements of this Agreement, has improperly billed the District for goods and/or services that were not actually provided, or has overcharged the District for goods and/or services that were actually provided by Contractor, then Contractor shall repay the District, without interest, for any improper payments or overpayments made by the District to Contractor within thirty (30) days of a written demand by the District. If Contractor fails to repay the District for any improper payments or overpayments within thirty (30) days of the District’s written demand, then Contractor will owe the District interest accrued daily at the rate of 7.0% per annum from the date of the District’s written demand until the improper payment and/or overpayment is repaid in full by Contractor. Conversely, if an audit initiated by the District reveals that the District owes additional compensation to Contractor pursuant to the terms of this Agreement, then the District will pay the additional compensation to Contractor, without interest, within thirty (30) days of the completion of its audit. If the District fails to pay Contractor for any additional compensation owed under this Agreement within thirty (30) days after completion of its audit, then the District will pay Contractor interest on the additional compensation accrued daily at the rate of 7.0% per annum from the date of the completion of the District’s audit.

  • Emergency Care Services If you experience a medical emergency while traveling outside our service area, go to the nearest emergency or urgent care facility. When you receive Out-of-Area covered healthcare services outside our service area and the claim is processed through the BlueCard Program, the amount you pay for the Out-of-Area Covered healthcare services, if not a flat dollar copayment, is calculated based on the lower of: • the billed charges for your Out-of-Area covered healthcare services; or • the negotiated price that the Host Blue makes available to us. Often, this “negotiated price” will be a simple discount that reflects an actual price that the Host Blue pays to your healthcare provider. Sometimes, it is an estimated price that takes into account special arrangements with your healthcare provider or provider group that may include types of settlements, incentive payments and/or other credits or charges. Occasionally, it may be an average price, based on a discount that results in expected average savings for similar types of healthcare providers after taking into account the same types of transactions as with an estimated price. Estimated pricing and average pricing also take into account adjustments to correct for over- or underestimation of past pricing of claims, as noted above. However, such adjustments will not affect the price we have used for your claim because they will not be applied after a claim has already been paid. Negotiated (non–BlueCard Program) Arrangements With respect to one or more Host Blues, in certain instances, instead of using the BlueCard Program, we may process your claims for covered healthcare services through Negotiated Arrangements for National Accounts. The amount you pay for covered healthcare services under this arrangement will be calculated based on the negotiated price (refer to the description of negotiated price in the BlueCard® Program section above) made available to us by the Host Blue.

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