Balance Information. We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $100,000.00 in the account each day to obtain the disclosed annual percentage yield. Limitations: You must deposit $100,000.00 to open this account. You may not make additional deposits into this account. You may not make withdrawals from your account until the maturity date. Time Account Information: Your account will mature in the term of the Certificate of Deposit. If you withdraw any of the principal before the maturity date, we may impose a penalty of 90 days of interest on the amount withdrawn. This account will automatically renew. You will have 10 CALENDAR DAYS after the maturity date to withdraw funds without penalty. If you do not withdraw the funds, each renewal term will be for an identical period of time as the original term.
Balance Information. We use the daily balance method to calculate the dividends on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $100,000.00 in the account each day to obtain the disclosed annual percentage yield. Limitations: You must deposit $100,000.00 to open this account. You may not make additional deposits into this account. You may not make withdrawals from your account until the maturity date. Time Account Information: Your account will mature in 730 days. If you withdraw any of the principal or dividends before the maturity date, we will impose a penalty of 180 days dividends on the amount withdrawn subject to penalty, whether earned or not. This account will automatically renew unless otherwise requested. You will have 5 calendar days after the maturity date to withdraw funds without penalty. If you do not withdraw the funds, each renewal term will be for an identical period of time as the original term.
Balance Information. We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $300.00 in the account each day to obtain the disclosed annual percentage yield. Limitations: You must deposit $200.00 to open this account. You may make six (6) transfers from your account each statement cycle, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction, by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited. Account Fees: A monthly service charge of $4.00 will be imposed each month if the balance in the account falls below $300.00 any day of the month. An excess withdrawal fee of $10.00 will be charged for each withdrawal in excess of six (6) per statement cycle.
Examples of Balance Information in a sentence
Balance Information: The Bank uses the daily balance method to calculate the interest on the account.
Balance Information: The minimum balances required to open each account are set forth above.
Balance Information: The minimum required balance for the College Savings Certificate is $100.
The Dividend Period begins on the first calendar day of the quarter and ends on the last calendar day of the quarter.4. Balance Information: The minimum balances required are set forth in the Rate & Fee Schedule.
We plan to:• Continue to submit all types of IVS product contri- butions.
More Definitions of Balance Information
Balance Information. We compute the balance on all share accounts to determine the dividends you will be paid by using the average daily balance method which applies a periodic rate to the average daily balance in your 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.
Balance Information. We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $0.01 in the account each day to obtain the disclosed annual percentage yield. Limitations: You must deposit $25.00 to open this account.
Balance Information. We use the daily balance method to calculate the dividends on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $100.00 in the account each day to obtain the disclosed annual percentage yield. Limitations: You must deposit $100.00 to open this account. You may not make additional deposits into this account. You may not make withdrawals from your account until the maturity date. Time Account Information: Your account will mature in 365 days. If you withdraw any of the principal or dividends before the maturity date, we will impose a penalty of 90 days dividends on the amount withdrawn subject to penalty, whether earned or not. This account will automatically renew unless otherwise requested. You will have 5 calendar days after the maturity date to withdraw funds without penalty. If you do not withdraw the funds, each renewal term will be for an identical period of time as the original term. 18 MONTH REGULAR CERTIFICATE All share certificates with joint account ownership are set up with rights of survivorship, unless otherwise noted on the share certificate request form.
Balance Information. We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $0.01 in the account each day to obtain the disclosed percentage yield. Limitations: You must deposit $100.00 to open this account. In order to receive the maximum interest rate and ATM fee refunds, the minimum monthly activity required is: * Have one (1) recurring Direct Deposit or ACH Credit post and settle from your account per qualification cycle, with a minimum ACH amount of $250.00; * Have Six (6) or more transactions post and settle per qualification cycle by using the R Bank Cash & Check Card (excluding ATM transactions); * Enroll and receive electronic statement (e- Statement). A base rate will be earned on all balances if qualifications are not met. ATM fee refunds are awarded each cycle when qualifications are met, up to $20.00 per month. If you have met your qualifications for the specified qualification cycle, we will reimburse you for domestic ATM fees. ATM fee reimbursements will be credited to your account on the last day of your statement cycle. ATM fees will be reimbursed up to a maximum of $20.00 per statement cycle. If you believe that you have not been reimbursed the correct amount, please contact us. We must hear from you no later than 60 days after the statement cycle when the reimbursement was applicable. Note: ATM withdrawals do not count as qualifying debit card transactions for purposes of earning rewards within this account. Account Fees: There is no monthly service charge for this account. PERSONAL SAVINGS Rate Information: This Account is an interest-bearing account. The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account at any time. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). Interest will be compounded daily and will be credited to the account quarterly.
Balance Information. We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $200.00 in the account each day to obtain the disclosed annual percentage yield. Limitations: You must deposit $200.00 to open this account. You may make six (6) transfers from your account each statement cycle, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction, by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited. Account Fees: A monthly service charge of $3.00 will be imposed each month if the balance in the account falls below $200.00 any day of the month. An excess withdrawal fee of $10.00 will be charged for each withdrawal in excess of six (6) per statement cycle. Balance requirements are waived for minor children until the minor reaches his/her 22nd birth date. HEALTH SAVINGS ACCOUNT Rate Information: This Account is an interest-bearing account. The interest rate and annual percentage yield will depend upon the daily balance in the account as shown on the Rate Chart. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account at any time. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). Interest will be compounded daily and will be credited to the account quarterly.
Balance Information. We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield. Limitations: You must deposit $1,000.00 to open this account. Contributions (deposits) may be made to your IRA, for a particular Tax reporting year, at any time during the year or by the due date for filing your Tax return for that year. Contribution limits are subject to and in accordance with the IRS Contribution Limits for that Tax reporting year. Distributions (withdrawals) may be subject to additional fees in accordance with the IRS rules for IRAs. Time Account Information: Your account will mature in the term of the Certificate of Deposit. If you withdraw any of the principal before the maturity date, we may impose a penalty of 90 days interest on the amount withdrawn. This account will automatically renew. You will have 10 CALENDAR DAYS after the maturity date to withdraw funds without penalty. If you do not withdraw the funds, each renewal term will be for an identical period of time as the original term.
Balance Information. We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield. Limitations: You must deposit $1,000.00 to open this account. Contributions (deposits) may be made to your IRA, for a particular Tax reporting year, at any time during the year or by the due date for filing your Tax return for that year. Contribution limits are subject to and in accordance with the IRS Contribution Limits for that Tax reporting year. Distributions (withdrawals) may be subject to additional fees in accordance with the IRS rules for IRAs. Time Account Information: Your account will mature in the term of the Certificate of Deposit. If you withdraw any of the principal before the maturity date, we may impose a penalty of 180 days interest on the amount withdrawn. This account will automatically renew. You will have 10 CALENDAR DAYS after the maturity date to withdraw funds without penalty. If you do not withdraw the funds, each renewal term will be for an identical period of time as the original term. 60 MONTH IRA Rate Information: This Account is an interest-bearing account. The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. The interest rate will be in effect for the term of the Certificate of Deposit. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded daily and will be credited quarterly. We will deposit the interest in an account that you designate. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.