NOW Checking Sample Clauses

NOW Checking. You may make withdrawals by issuing negotiable orders of withdrawal. These are similar to checks and for the purposes of this Agreement will be called “checks.” Additional requirements for these accounts are contained in the accompanying Schedule of Fees and Service Charges.
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NOW Checking. Minimum Deposit to Open. $100.00 • Monthly Maintenance Fee. $7.50 • Balance Required to Avoid Monthly Maint. Fee. $1,000.00 • Early Closure Fee (within 1st 60 days of account opening). $25.00 • Inactive Account Fee: $2.00 per month after no activity for 365 days (see Deposit Account Agreement and Disclosure; Section “Dormant Accounts”) • No Per Transaction Fees Apply to This Account / Unlimited Check Writing • Check Images Are Included with Monthly Statement • Statements Cycle Choices: End of Month • Customer Access: Checks, Business MasterCard® Debit Card & On-Line Banking • Check Printing Fees Vary by Design • Additional Service fees (see Schedule of fees) May Also Apply • Interest Rate is Tiered, Based Upon Balance • Following Tiers are Applicable: • $0.00-$999.99 • $1,000.00-$9,999.99 • $10,000.00-$49,999.99 • $50,000.00-$999,999.99 • 1,000,000.00+ • Interest Rate and Annual Percentage Yield May Change Daily • Interest Begins to Accrue No Later Than the Business Day We Receive Credit for the Deposit on Non-Cash Items (For Example, Checks) • Interest Accrues Daily, compounded monthly and will be credited to the account monthly (on collected balance) • We use the daily balance method to calculate the interest on the account Business/Org. Checking I • Minimum Deposit To Open..........................$ 100.00 • Monthly Maintenance Fee......................... $ 7.00 • Balance Required to Avoid Monthly Maint. Fee. $1,000.00 • Per Transaction Fees Apply to This Account / First 40 Paid Checks Are Free - $0.25 Each Thereafter • Early Closure Fee (within 1st 60 days of account opening).. $ 25.00 • Inactive Account Fee: $2.00 per month after no activity for 365 days (see Deposit Account Agreement and Disclosure; Section “Dormant Accounts”) • No Interest Is Earned or Paid on This Account • Check Images Are Included with Monthly Statement • Statements Cycle Choices: End of Month • Customer Access: Checks, Business MasterCard® Debit Card & On-Line Banking • Check Printing Fees Vary by Design • Additional Service fees (schedule of fees) May Also Apply Business/Org. Statement Savings • Minimum Deposit to Open. $100.00 • Monthly Maintenance Fee......................$ 5.00 • Balance Required to Avoid Monthly Maint. Fee. $500.00 • Early Closure Fee (within 1st 60 days of account opening)....$ 25.00 • Inactive Account Fee: $2.00 per month after no activity for 365 days (see Deposit Account Agreement and Disclosure; Section “Dormant Accounts”) • No Per Transaction Fees Ap...
Sample 1
NOW Checking. (SHARE DRAFT) ACCOUNT Rate Information: The dividend rate and annual percentage yield may change at any time, as determined by the credit union board of directors. Compounding and crediting – Dividends will be compounded every month. Dividends will be credited to your account every month. Dividend period – For this account type, the dividend period is monthly, 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 January 31. All other dividend periods follow this same pattern of dates. The dividend declaration date is the last day of the dividend period, and for the example above is January 31. 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 $500.00 You must maintain a minimum average daily balance of $500.00 in your account to avoid minimum balance fee. If during any month, your average daily balance is below the required minimum, your account will be subject to a minimum balance fee of $7.50 for that month. You must maintain a minimum average daily balance of $500.00 in your account to obtain the disclosed annual percentage yield. Average daily 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 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 in the monthly statement cycle. Accrual of dividends on noncash deposits – Dividends will begin to accrue on the business day you place noncash items (for example, checks) to your account. Transaction limitations: No transaction limitations apply to this account unless otherwise stated in the Common Features section. ULTRA CHECKING (SHARE DRAFT) ACCOUNT Rate Information: The dividend rate and annual percentage yield may change at any time, as determined by the credit union board of directors. Compounding and crediting – Dividends will be compounded every month. Dividends will be credited to your account every month. Dividend period – For this account type, the dividend period is monthly, 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 January 31. ...
Sample 1

Related to NOW Checking

  • Checking The Contractor shall check all drawings and owner supplied specifications furnished him immediately, for individual Job Orders, upon their receipt and shall promptly notify the County of any discrepancies. Figures marked on drawings shall in general be followed in preference to scale measurements. Large-scale drawings shall in general govern small-scale drawings. Door, finish hardware; etc., schedules shall govern over drawings. The Contractor shall compare all drawings and verify the figures before laying out the Work and will be responsible for any errors, which might have been avoided thereby. When measurements are affected by conditions already established, the Contractor shall take measurements notwithstanding the giving of scale or figure dimensions in the drawings. Anything mentioned in the specifications and not shown on the drawings, or shown on the drawings and not mentioned in the specifications, shall be of like effect as if shown or mentioned in both.

  • Account Number 2. This authorization shall remain in effect until revoked or until a subsequent Notice of Account Designation is provided to the Administrative Agent.

  • Checking Accounts The Credit Union may refuse any check or other item drawn against your account or used to withdraw funds from your account if it is not on a form approved by us. We also reserve the right to refuse any check or other item drawn against your account or used to withdraw funds from your account if made in a manner not specifically authorized for your account, if made more frequently or in a greater number than specifically permitted for your account, or if made in an amount less than the minimum withdrawal or transfer specifically permitted for your account. If we accept a check or other item not on a form approved by us, you will be responsible for any loss by us in handling the item. We may pay checks or other items drawn upon your account in any order determined by us, even if paying a particular check or item results in an insufficient balance in your account to pay one or more other items that otherwise could have been paid out of your account. Because of the nature of the Credit Union check program, neither the Credit Union nor any other processing entities shall be responsible for the authenticity of the checks with regard to the signature or alterations; and checks, when presented, shall be paid without verification. We may disregard all information on or any writing or memorandum attached to any check or item except for your signature, the amount and the information that is magnetically encoded. You agree that we do not fail to use ordinary care because our procedures do not provide for sight examination. You will notify us immediately if you learn or have reason to know that any of your checks have been lost or stolen. If you are negligent in safeguarding your checks or if there is a processing problem due to your use of a check printer we do not approve, we will not have any liability or responsibility for any losses you incur as a result if we act in good faith pursuant to standard commercial practices.

  • – BANK ACCOUNT FOR PAYMENTS All payments must be made to the coordinator's bank account as indicated below: Name of bank: […] Precise denomination of the account holder: […] Full account number (including bank codes): […] [IBAN code: […]]10

  • Settlement of Accounts (a) On or before each Determination Date, the Servicer shall deliver, (i) to the Owner Trustee, the Settlor, the Lender, the Administrative Agent and the Collateral Agent, a monthly report with respect to the Lending Facility Pool (the “Monthly Lending Facility Pool Report”) and (ii) except as otherwise provided in the related Servicing Supplement, to the each related Secured Party, a monthly report with respect to each Designated Pool (each, a “Monthly Exchange Note Report”), in each case, documenting, as applicable, (A) all advances to be made to, and distributions (including Servicer reimbursements) to be made from, the related Collection Account or (B) the manner in which the Servicer will apply all collections on the related Pool received by the Servicer on or prior to the next Payment Date.

  • Acct                                   # As a Member or Manager of the LLC named above, I certify that the LLC has been organized within the bounds of state law as an LLC with its principal office located at: I further attest that at the initial meeting of the LLC’s members was held on , a quorum was present, and voting and adopted the following resolutions: Resolved, that the financial institution named above is designated as a depository for the funds of this LLC, which may be withdrawn on checks, drafts, debit advices, notes, or other orders for payments bearing any officer, manager, or authorized employee of this LLC. Further Resolved, that the financial institution will accept and pay on, without further inquiry, any checks or debits drawn against any of the LLC’s accounts. The checks or debits will be honored by the financial institution whether the item has been drawn or endorsed to the order of any authorized officer, manager, or employee signing; tendered by the authorized officer, manager, or employee for the purpose of cashing or payment; or for deposit to the officer’s, manager’s, or employee’s personal account. The financial institution will not be required to inquire as to the use of any check or debit signed in accordance with the resolutions contained herein. Further Resolved, that the officers, managers, or authorized employees may execute other agreements, including, but not limited to, special depository agreements, and arrangements concerning the manner, condition, and/or purposes for which funds, checks, debits, or items of the LLC may be deposited, collected, or withdrawn, as long as these other agreements are not contrary to the provisions contained in this resolution. Further Resolved, that the power granted to the LLC’s officers, managers, or authorized employees will remain in full force and effect until written notice has been delivered and received by the financial institution at each location where an account is maintained. The financial institution will be indemnified and held harmless from any losses suffered or liabilities incurred by continuing to act in accordance with this resolution. I Further Attest that the person(s) named below occupy the stated position, as indicated by their signature, and that the resolutions contained in this document are recorded on the books of the LLC, and these resolutions are in full force and effect and have not been altered in any way. CERTIFIED AND ATTESTED TO ON THIS DAY OF , 20 , BY:

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