Common use of Balance Computation Method Clause in Contracts

Balance Computation Method. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Appears in 7 contracts

Sources: Savings and Certificates of Deposit Account Agreement, Savings and Certificates of Deposit Account Agreement, General Account Terms and Conditions

Balance Computation Method. We use the daily balance method to calculate the interest on your deposit account. This method applies a daily periodic rate to the principal in the deposit account each day.

Appears in 6 contracts

Sources: Disclosure and Agreement for Savings and Transaction Accounts, Disclosure and Agreement for Savings and Transaction Accounts, Disclosure and Agreement for Savings and Transaction Accounts

Balance Computation Method. We use Interest is calculated using the daily balance method to calculate the interest on your accountmethod. This method applies a daily periodic rate to the principal in the account each day.

Appears in 5 contracts

Sources: Deposit Account Agreement, Deposit Account Agreement, Consumer Deposit Account Agreement

Balance Computation Method. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account at the end of each day.

Appears in 3 contracts

Sources: Deposit Agreement, Deposit Agreement, Deposit Agreement

Balance Computation Method. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the your account each day.

Appears in 3 contracts

Sources: Consumer Time Deposit Account Agreement, Consumer Time Deposit Account Agreement, Consumer Time Deposit Account Agreement

Balance Computation Method. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal collected balance in the account each day.

Appears in 3 contracts

Sources: Deposit Agreement, Deposit Agreement, Deposit Agreement

Balance Computation Method. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest is credited to the account on the first business day of each month based on the daily balances for the preceding month.

Appears in 2 contracts

Sources: General Account Terms and Conditions, General Account Terms and Conditions

Balance Computation Method. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue on the business day of deposit.

Appears in 2 contracts

Sources: Savings and Certificates of Deposit Account Agreement, Savings and Certificates of Deposit Account Agreement

Balance Computation Method. We use the daily balance method to calculate the interest on your accountAccount. This method applies a daily periodic rate to the principal in the account Account each day.

Appears in 2 contracts

Sources: Medicare Advantage Medical Savings Account Agreement, Electronic Access Agreement

Balance Computation Method. We If your account bears interest, we use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. The daily balance that we use when calculating interest is the collected balance. That means we only include those funds for which we have actually received payment when we determine the daily balance on which interest is paid.

Appears in 2 contracts

Sources: Master Service Agreement, Master Service Agreement

Balance Computation Method. We use the daily daily-balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account at the end of each day.

Appears in 2 contracts

Sources: Deposit Agreement, Deposit Agreement

Balance Computation Method. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue on the business day you deposit noncash items (for example, checks).

Appears in 1 contract

Sources: Checking Account Agreement

Balance Computation Method. We use the daily balance method to calculate the interest on your accountAccount. This method applies a daily periodic rate to the principal in the account Account each day. • Interest begins to accrue no later than the business day after the day we post the deposit. • Please see the Medical Savings Account Fee and Rate Schedule for information on fees and charges that may be assessed against your Account.

Appears in 1 contract

Sources: Deposit Agreement

Balance Computation Method. We use the daily daily-balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Appears in 1 contract

Sources: Business Deposit Account Agreement

Balance Computation Method. We On all interest-bearing accounts, we use the daily balance method to calculate the interest on your accountinterest. This method applies a daily periodic rate to the principal collected balance in the account account, plus accrued interest, each day. For Certificates of Deposit, the daily periodic rate is applied to the ledger balance. Minimum Balance Requirements.

Appears in 1 contract

Sources: Account Agreements and Disclosures

Balance Computation Method. We use Interest is calculated using the daily balance method to calculate the interest on your accountmethod. This method applies a daily periodic rate to the principal in the inthe account each day.

Appears in 1 contract

Sources: Deposit Account Agreement

Balance Computation Method. We use the daily balance method to calculate and pay interest. Through this method, the interest on your account. This method applies a rate is applied daily periodic rate to the principal in during each day of the account each dayperiod of effectiveness of the certificate.

Appears in 1 contract

Sources: General Terms and Conditions

Balance Computation Method. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to on the principal in the account each day.

Appears in 1 contract

Sources: Business Deposit Account Agreement