Rate Information. The dividend rate and annual percentage yield may change every quarter. We may change the dividend rate for your Account as determined by the Credit Union Board of Directors.
Rate Information. The dividend rate and annual percentage yield may change at any time, as determined by the MSUFCU board of directors. If you close your account prior to payment of a dividend, you will not receive any accrued dividend.
Rate Information. The dividend rate and annual percentage yield are stated on the Rate Sheet accompanying this Disclosure. All Share Certificate Accounts are fixed rate accounts. You will be paid this rate and APY until maturity. DIVIDEND COMPOUNDING AND CREDITING: Dividends will be compounded quarterly and credited on the first day of the following quarter and 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 is March 31. All other dividend periods follow this same pattern of dates. If you close your Share Certificate Account before dividends are paid, you will not receive the accrued dividends.
Examples of Rate Information in a sentence
RATE INFORMATION Account Rate and Annual Percentage Yield The interest rate and corresponding Annual Percentage Yield (APY) for your account have not changed.
RATE INFORMATION: The initial dividend rate and annual percentage yield (“APY”) is stated on the Rate Sheet accompanying this Disclosure.
RATE INFORMATION: All interest bearing accounts at Bank, other than time deposits accrue interest at a variable rate of interest.
Savings and Checking Accounts RATE INFORMATION – See current dividend/interest rate sheet available upon request.
REGULAR SHARE CERTIFICATE ACCOUNTS RATE INFORMATION: You will be paid the disclosed rate until maturity.
More Definitions of Rate Information
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 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.
Rate Information. The initial dividend rate and annual percentage yield (“APY”) on the Regular Share Account, Shield Elite Checking Account, Money Market Account, Holiday Club Account, “You Name It” Account, Minor Account, Share Secured VISA Account, Summer Survival Account, Minor Blocked - Xxxxxx Trust Account and Share IRA Account is stated on the Rate Sheet accompanying this Disclosure. These Accounts are variable rate Accounts. The rate and APY may change as set forth below for each Account.
Rate Information. The initial dividend rate and annual percentage yield (“APY”) on your Checking Account is stated on the Rate Sheet accompanying this disclosure. Your Checking Account is a variable rate account. This rate and APY may change at any time in the Credit Union’s discretion. DIVIDEND COMPOUNDING AND CREDITING: Dividends will be compounded monthly and will be credited monthly. 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 is January 31. All other dividend periods follow this same pattern of dates. The dividend declaration date precedes the ending date of a dividend period and, for example, is the third Wednesday of every month. If you close your account before dividends are credited, you will not receive accrued dividends.
Rate Information. The interest rate and annual percentage yield may change every month as determined by the credit union management and in accordance with market conditions. Compounding and Crediting: Interest will be compounded every month. Interest will be credited to your account every month. Effect of Closing an Account: If you close your account before interest is paid, you will not receive the accrued interest. Minimum Balance Requirements: No minimum balance requirements apply to this account. Daily Balance Computation Method: Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. Accrual of Interest on Non-Cash Deposits: Interest will begin to accrue on the business day you deposit noncash items (e.g., checks) to your account. Transaction Limitations: There are no automatic transfers allowed into this checking account to cover possible overdrafts. This account is also not eligible to have an overdraft loan advanced into it. No other transaction limitations apply to this account unless otherwise stated in the common features section. Other Features: The HSA may not be pledged, transferred or assigned. This account is not subject to any pledge that you have signed or may sign in the future. Overdraft protection features do not apply to this account. The use of HSA funds is the responsibility of you, the member. Alpena Alcona Area Credit Union will report all withdrawals from the account whether by check, ATM/Debit or cash to the IRS as normal distributions. If you make a mistake in taking a distribution, we may allow you to put it back into your HSA as the return of a mistaken distribution for the current or prior tax year only and you must complete a Mistaken Distribution Repayment form. A distribution may only be returned as a mistaken distribution if deposited no later than April 15 of the year following the year it was determined to be a mistaken distribution. You should complete a withdrawal form for all other transactions, such as withdrawing an excess contribution before the early withdrawal deadline. By opening the account, you agree to all the terms and conditions. Fees and Charges: See separate Fee Schedule. XXXXXXXXX EDUCATIONAL SAVINGS ACCOUNT Rate Information. A Xxxxxxxxx Educational Savings Account (“ESA”) may be established by a member completing a separate ESA application form and making a contribution. These accounts are a special type of accounts and may provide tax benefits to t...
Rate Information. This is an interest bearing account. The interest rate and annual percentage yield (APY) are included in the Rate Chart. At the Bank's discretion, we may change the interest rate on this account at any time. Interest on non-cash deposits begins to accrue on the business day credit is received on the deposit. Interest will be compounded and credited to the account on a monthly cycle. If you close the before interest is credited you will not receive the accrued interest. Fees may reduce earnings. No monthly service charge.
Rate Information. The interest rate and annual percentage yield may change every month as determined by the credit union management and in accordance with market conditions. Compounding and Crediting: Interest will be compounded every month. Interest will be credited to the account every month. Effect of Closing an Account: If you close your account before interest is paid, you will not receive the accrued interest. Minimum Balance Requirements: The minimum balance required to open this account is $2,000. You must maintain a minimum daily balance of $2,000 in your account each day to obtain the disclosed annual percentage yield.
Rate Information. The following chart provides details on your variable rate as of August 1, 2018. We divide the APR by 365 to determine the daily periodic rate. Add to Index APR Daily Periodic Rate Purchase APR 3 11.73% 16.73% 0.04583% Purchase APR 2 17.74% 22.74% 0.06230% Purchase APR 1 21.74% 26.74% 0.07326% Balance Transfers and Cash Advances APR 23.74% 28.74% 0.07873% If this Agreement was provided to you at point of sale, see the Agreement sent with your new account welcome package for variable APR information in effect within 30 days of mailing. We’ll charge you a minimum interest charge of $2.00 per credit plan for any billing period in which interest is due. For additional information, see Rates in Section D. Minimum Payment: The Minimum Payment Due is the total of minimum payments for Regular Revolving and Promotional Credit Plan purchases plus any Past Due amounts. The total Minimum Payment Due on your account won’t be less than $30.00. If your Account balance is less than $30.00, you must pay the amount indicated on your Statement in full. The Minimum Payment Due for each Regular Revolving and Cash Revolving Credit Plans will be: • The greater of: