Common use of Balance Computation Method Clause in Contracts

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. Dividends are paid on average daily balances above $500.

Appears in 2 contracts

Sources: Membership Account Agreement, Membership Account Agreement

Balance Computation Method. Dividends are calculated by using the average daily balance method which applies a periodic rate to the average daily balance in the account for the periodbalance. The average daily balance is calculated determined by adding the balance full amount of principal in the account for each day of the period and dividing that figure by the number of days in the period. Dividends are paid on average daily balances above $500.

Appears in 2 contracts

Sources: Membership Account Agreement, Membership Account Agreement

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 periodeach day. 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. Dividends are paid will begin to accrue on average daily balances above $500the business day you deposit cash or non-cash items (e.g., checks) to your account if deposited before the close of business.

Appears in 2 contracts

Sources: Member Account Agreements and Disclosures, Member Account Agreements and Disclosures

Balance Computation Method. Dividends are calculated by the average daily balance method which Daily Available Balance Method that applies a daily periodic rate to the average daily principal balance in the account for at the period. The average daily balance is calculated by adding the balance in the account for end of each day of the period and dividing that figure by the number of days in the periodday. Dividends are paid will begin to ac- crue on average daily balances above $500the business day you deposit cash and non-cash items.

Appears in 2 contracts

Sources: Account Agreement, Account Agreement

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 periodmethod. The average daily balance is calculated determined by adding the balance full amount of principal in the account for each day of the period and dividing that figure by the number of days in the period. Dividends are paid on average daily balances above $500.

Appears in 2 contracts

Sources: Membership Account Agreement, Membership Account Agreement

Balance Computation Method. Dividends are calculated by using the average daily balance method.The 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 Accrual of the period and dividing that figure by the number of days in the periodDividends on Non-cash Deposits. Dividends are paid will begin to accrue on average daily balances above $500the business day you place non-cash items (for example, checks) into your account. Fees and Charges. A Custodial Fee will be deducted annually (Refer to the current “Schedule of Service Charges”).

Appears in 1 contract

Sources: Depositor/Member Agreement

Balance Computation Method. Daily balance computation method - Dividends are calculated by the average daily balance method which applies a daily 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 day. The periodic rate will vary depending on the account ending daily balance. Fees and Charges. Any fees and charges applicable to Your Account are disclosed on the accompanying schedule of the period fees and dividing that figure by the number of days charges provided in the periodconjunction with these Agreements & Disclosures. Dividends are paid on average daily balances above $500.ELECTRONIC SERVICES AGREEMENT AND DISCLOSURE VISA DRAFT CARD, NETBRANCH ONLINE BANKING, MOBILITI MOBILE

Appears in 1 contract

Sources: Agreements & Disclosures

Balance Computation Method. Dividends are calculated by the average daily balance method 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. Dividends are paid on average daily balances above $500The period we use is monthly dividend period.

Appears in 1 contract

Sources: Share Account Agreement

Balance Computation Method. Dividends are calculated by using the average daily balance method. The 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 Accrual of Dividends on Non-cash Deposits. Dividends will begin to accrue on the balance in business day you deposit non-cash items (for example checks) to the account for each day Fees and Charges. A Custodial Fee will be deducted annually (Refer to the current “Schedule of the period and dividing that figure by the number of days in the period. Dividends are paid on average daily balances above $500Service Charges”).

Appears in 1 contract

Sources: Depositor/Member Agreement

Balance Computation Method. Dividends are calculated by the average daily balance method 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. Dividends are paid on average daily balances above $500.

Appears in 1 contract

Sources: Credit Union Account Agreement

Balance Computation Method. Dividends are calculated by the average daily balance method method, which applies a periodic rate to the average daily balance in the account for the period. The We calculate 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. Dividends are paid on average daily balances above $500.

Appears in 1 contract

Sources: Membership and Account Agreement

Balance Computation Method. Dividends are calculated by the average daily balance method method, which applies a daily 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 periodday. Dividends are paid will begin to accrue on average daily balances above $500the business day you deposit non-cash items (e.g., checks) to your account if deposited before the close of business.

Appears in 1 contract

Sources: Share Account Agreement