Common use of How Withdrawals Affect Dividends/Interest Clause in Contracts

How Withdrawals Affect Dividends/Interest. Even though your account earns dividends every day, we don’t actually credit them to your account until the final day of the period, and they become available the first day of the subsequent period. If you make a withdrawal, you won’t receive any further dividends on that amount from the day you make the withdrawal until the day that dividends are credited.

Appears in 1 contract

Sources: Membership and Account Agreement

How Withdrawals Affect Dividends/Interest. Even though your account earns dividends every day, we don’t actually credit them to your account until the final day of the period, and they become available the first day of the subsequent dividend period. If Therefore, if you make a withdrawal, you won’t receive any further dividends on that amount from the day you make the withdrawal until the day that dividends are credited.

Appears in 1 contract

Sources: Sole Proprietorship Membership and Account Agreement