Dividend Period. For other savings accounts, the dividend period is quarterly. For example, the beginning date of the first dividend period of the calendar year is January 1 and the ending date of such dividend period is March 31. All other dividend periods follow this same pattern of dates unless noted otherwise. Dividends are paid at the end of the period from current income and available earnings after required transfers to reserves.
Appears in 5 contracts
Samples: Deposit Agreement for First Community Credit Union, Deposit Agreement for First Community Credit Union, Deposit Agreement for First Community Credit Union