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Common use of Crediting of Interest Clause in Contracts

Crediting of Interest. The interest rate for this account is established on the day you open the CD. Interest will be compounded daily and credited monthly.

Appears in 7 contracts

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

Related Clauses

  • Sale of Interest
  • Pooling of Interests
  • Determination of Rate of Interest and calculation of Interest Amounts
  • Calculation and Payment of Interest
  • Payment of Interest

Parent Clauses

  • Deferred Fee Account
  • NOTICES
  • REPLACEMENT OF TRUSTEE
  • Deferred Accounts
  • Interest Crediting

Sub-Clauses

  • Distribution of Account Balance
  • Vesting of Company Contributions
  • Nonforfeitable Right to Employee Contributions
  • Retirement Enhancement
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