Common use of Dividend Period Clause in Contracts

Dividend Period. For this type of account, the dividend period is quarterly, for example, the beginning date of the first dividend period of the calendar year is January 1st and the ending date of such dividend period is March 31st. All other dividend periods follow this same pattern of dates. The dividend declaration date follows the ending date of a dividend period, and for the example above, is April 1st. If you close your account before dividends are paid, you will not receive the accrued dividends. Minimum Balance Requirements The minimum balance required to open this account is $5.00 per member. The minimum balance required to earn dividends is $100.00.

Appears in 3 contracts

Samples: www.communitywestcu.org, www.communitywestcu.org, www.communitywestcu.org

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Dividend Period. For this type of accountaccount type, the dividend period is quarterly, for example, the beginning date of the first dividend period of the calendar year is January 1st 1, and the ending date of such dividend period is March 31st31. All other dividend periods follow this same pattern of dates. The dividend declaration date follows is the ending date last day of a the dividend period, and for the example above, above is April 1stMarch 31. If you close your this account type is closed during the dividend period and before dividends are paidthe dividend declaration date, you Your account will not receive the accrued dividends. Minimum Balance Requirements The minimum balance required to open this account is $5.00 per member. The minimum balance required to earn dividends is $100.00for that period.

Appears in 2 contracts

Samples: allincu.com, allincu.com

Dividend Period. For this type of accountaccount type, the dividend period is quarterly, for example, the beginning date of the first dividend period of the calendar year is January 1st 1, and the ending date of such dividend period is March 31st31. All other dividend periods follow this same pattern of dates. The dividend declaration date follows the ending date of a dividend period, and for the example above, above is April 1st1. If you close your account Account before dividends are paid, you will not receive the accrued dividends. Minimum Balance Requirements The minimum balance required to open this account is $5.00 per member. The minimum balance required to earn dividends is $100.00.

Appears in 1 contract

Samples: Membership Agreement

Dividend Period. For this type of accountaccount type, the dividend period is quarterly, for example, the beginning date of the first dividend period of the calendar year is January 1st and the ending date of such dividend period is March 31st. All other dividend periods follow this same pattern of dates. The dividend declaration date follows the ending date of a dividend period, and for the example above, it is April 1st. If you close your account before dividends are paid, you will not receive the accrued dividends. Minimum Balance Requirements The No minimum balance required requirements apply to open this account is $5.00 per member. The minimum balance required to earn dividends is $100.00account.

Appears in 1 contract

Samples: www.communitywestcu.org

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Dividend Period. For this type of accountaccount type, the dividend period is quarterly, for example, the beginning date of the first dividend period of the calendar year is January 1st and the ending date of such dividend period is March 31st. All other dividend periods follow this same pattern of dates. The dividend declaration date follows the ending date of a dividend period, and for the example above, it is April 1st. If you close your account before dividends are paid, you will not receive the accrued dividends. Minimum Balance Requirements The minimum balance required to open this account is $5.00 per member. The minimum balance required to earn dividends is $100.00.

Appears in 1 contract

Samples: www.communitywestcu.org

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