Common use of Automatically Renewable Account Clause in Contracts

Automatically Renewable Account. This Account will automatically renew at maturity. You may prevent renewal if you withdraw the funds in the Account at maturity (or within the grace period as stated on the Certificate, if any) or we receive written notice from you within the grace period as stated on Certificate, if any. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, your deposit will be placed in a dividend-bearing IRA Share Account.

Appears in 7 contracts

Sources: Truth in Savings Disclosure and Agreements, Truth in Savings Disclosure and Agreements, Truth in Savings Disclosure and Agreements

Automatically Renewable Account. This Account will automatically renew at maturity. You may prevent renewal if you withdraw the funds in the Account at maturity (or within the grace period as stated on the Certificate, if any) or we receive written notice from you within the grace period as stated on the Certificate, if any. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, your deposit will be placed in a dividend-bearing IRA Share Account.

Appears in 6 contracts

Sources: Truth in Savings Disclosure and Agreements, Truth in Savings Disclosure and Agreements, Truth in Savings Disclosure and Agreements

Automatically Renewable Account. This Account will automatically renew at maturity. You may prevent renewal if you withdraw the funds in the Account at maturity (or within the grace period as stated on the Certificate, if any) or we receive written notice from you within the grace period as stated on the Certificate, if any. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, your deposit will be placed in a dividend-bearing IRA Share Account.

Appears in 1 contract

Sources: Truth in Savings Disclosure and Agreements