Crediting Dividends Sample Clauses

Crediting Dividends. Dividends will be credited monthly. Dividends are not available to you until they have been credited to your account. Even though your account earns dividends every day, we don’t actually credit them to your account until the first day of the subsequent month. Dividends that are credited to your account will be added directly into your account. If you close your account before dividends are paid, you will not receive the accrued dividends.
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Crediting Dividends. Dividends will be credited quarterly. Dividends are not available to you until they have been credited to your account. Even though your account earns dividends every day, we don’t actually credit them to your account until the last day of the applicable dividend period. Dividends that are credited to your account will be added directly into your account. If you close your account before dividends are paid, you will not receive the accrued but unpaid dividends. Minimum Balance to Earn Dividends. You earn dividends on your Money Market Account each day that your account balance is $100.00 or more. We reserve the right to adjust minimum deposit balance requirements from time to time. How Withdrawals Affect Dividends. Even though we don’t credit your dividends to your account until the date specified above, we calculate them on a daily basis. Therefore, if you make a withdrawal, you won’t receive any further dividends on the withdrawn amount from the day you make the withdrawal until the day that dividends are credited.
Crediting Dividends. Dividends will be credited quarterly. Dividends are not available to you until they have been credited to your account. Even though your account earns dividends every day, we don't actually credit them to your account until the last day of the applicable dividend period. Dividends that are credited to your account will be added directly into your account. If you close your account before dividends are paid, you will not receive the accrued but unpaid dividends. Minimum Balance to Earn Dividends. There is no minimum balance required to earn dividends. We reserve the right to adjust minimum deposit balance requirements from time to time.
Crediting Dividends. Dividends will be credited quarterly. Dividends are not available to you until they have been credited to your account. Even though your account earns dividends every day, we don't actually credit them to your account until the last day of the applicable dividend period. Dividends that are credited to your account will be added directly into your account. If you close your account before dividends are paid, you will not receive the accrued but unpaid dividends. Minimum Balance to Earn Dividends. You earn dividends on your Share Savings Accounts each day that your account balance is $5.00 or more. We reserve the right to adjust minimum deposit balance requirements from time to time. How Withdrawals Affect Dividends. Even though we don't credit your dividends to your account until the date specified above, we calculate them on a daily basis. Therefore, if you make a withdrawal, you won't receive any further dividends on the withdrawn amount from the day you make the withdrawal until the day that dividends are credited. Funds Availability. Funds from deposits you make into your Savings Account may not always be immediately available for withdrawal. You will be informed of availability at the time of deposit. Our general policy is to delay the availability of your check deposits until the fifth (5th) business day after the business day of your deposit. Transaction Limitations. During any statement period, you may not make more than six withdrawals or transfers to another Credit Union account or yours or to a third party by means of a preauthorized transaction or telephonic order or instruction. No more than three of the six transfers may be made by check, draft, debit card, if applicable, or similar order to a third party. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to a fee as set forth in our Fee Schedule. In addition, we reserve the right to close your account for excessive violations of the transaction limitations on the account. My Future Savings Accounts (This account is for Members under the age of 18) Deposits. You can make deposits in person or by mail. You can arrange to have deposits made directly to your My Future Savings Account by participating payers. If you have applied for and been given access to our Telephone Banking service or our Home Banking service, you can also transfer funds from one account to another. Deposits may also be made at a night depository at those Credit Union...
Crediting Dividends. Dividends will be credited on the last day of the month. Dividends are not available to you until they have been credited to your account. Even though your account earns dividends every day, we don't actually credit them to your account until the first day of the subsequent dividend period. Dividends that are credited to your account will be added directly into your account. If you close your account before dividends are paid, you will not receive the accrued dividends.
Crediting Dividends. Dividends will be credited monthly. Dividends are not available to you until they have been credited to your account. Even though your account earns dividends every day, we don't actually credit it to your account until the first day of the subsequent dividend period. Dividends that are credited to your account will be added directly into your account. If you close your account before dividends are paid, you will not receive any accrued dividends. Minimum Balance to Earn Dividend. You earn dividends on your Certificate each day that your account balance is more than $500.00 for Term Shares and $10,000.00 for Jumbo Term Shares. We reserve the right to adjust minimum deposit balance requirements from time to time. If you do not maintain any such minimum deposit balance requirements, we may charge you a monthly maintenance fee.
Crediting Dividends. Dividends will be credited on the last day of the month. Dividends are not available to you until they have been credited to your account. Even though your account earns dividends every day, we don’t actually credit them to your account until the first day of the subsequent dividend period. Dividends that are credited to your account will be added directly into your account. If you close your account before dividends are paid, you will not receive the accrued dividends. Minimum Balance to Earn Dividends. You earn dividends on your Primary Savings Account each day that your account balance is $100.00 or more. We reserve the right to adjust minimum deposit balance requirements from time to time. If you do not maintain the minimum deposit balance requirement we may charge you a quarterly maintenance fee.
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Crediting Dividends. Dividends will be credited to Your account every month. If You close Your account before Dividends are credited, accrued Dividends will not be paid. Please see the Truth In Savings Disclosure and Schedule of Charges for a full explanation of how Dividends are calculated and paid.
Crediting Dividends. Dividends will be credited quarterly. Dividends are not available to you until they have been credited to your account. Even though your account earns dividends every day, we don’t actually credit them to your account until the first day of the subsequent quarter. Dividends that are credited to your account will be added directly into your account. Dividends on closed accounts will generally be paid on the following payment date for that quarter unless you waive your right to receive the dividends for that quarter. However, we reserve the right to calculate and pay such dividends on the date you close your account, subject to applicable laws and regulations.

Related to Crediting Dividends

  • Dividends 1. Dividends paid by a company which is a resident of a Contracting State to a resident of the other Contracting State may be taxed in that other State.

  • Dividends and Distributions (A) Subject to the rights of the holders of any shares of any series of Preferred Stock (or any similar stock) ranking prior and superior to the Series A Preferred Stock with respect to dividends, the holders of shares of Series A Preferred Stock, in preference to the holders of Common Stock, par value $.01 per share (the "Common Stock"), of the Corporation, and of any other junior stock, shall be entitled to receive, when, as and if declared by the Board of Directors out of funds legally available for the purpose, quarterly dividends payable in cash on the first day of March, June, September and December in each year (each such date being referred to herein as a "Quarterly Dividend Payment Date"), commencing on the first Quarterly Dividend Payment Date after the first issuance of a share or fraction of a share of Series A Preferred Stock, in an amount per share (rounded to the nearest cent) equal to the greater of (a) $1 or (b) subject to the provision for adjustment hereinafter set forth, 100 times the aggregate per share amount of all cash dividends, and 100 times the aggregate per share amount (payable in kind) of all non-cash dividends or other distributions, other than a dividend payable in shares of Common Stock or a subdivision of the outstanding shares of Common Stock (by reclassification or otherwise), declared on the Common Stock since the immediately preceding Quarterly Dividend Payment Date or, with respect to the first Quarterly Dividend Payment Date, since the first issuance of any share or fraction of a share of Series A Preferred Stock. In the event the Corporation shall at any time declare or pay any dividend on the Common Stock payable in shares of Common Stock, or effect a subdivision or combination or consolidation of the outstanding shares of Common Stock (by reclassification or otherwise than by payment of a dividend in shares of Common Stock) into a greater or lesser number of shares of Common Stock, then in each such case the amount to which holders of shares of Series A Preferred Stock were entitled immediately prior to such event under clause (b) of the preceding sentence shall be adjusted by multiplying such amount by a fraction, the numerator of which is the number of shares of Common Stock outstanding immediately after such event and the denominator of which is the number of shares of Common Stock that were outstanding immediately prior to such event.

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