My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
REV12184
DRMS
>
Back File Migration
>
Revision
>
REV12184
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/25/2016 1:23:10 AM
Creation date
11/21/2007 10:30:30 AM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
M1981013
IBM Index Class Name
Revision
Doc Name
INVESTMENT CERTIFICATE
Type & Sequence
SO2
Media Type
D
Archive
No
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
5
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
.. <br />Interest _ <br />Your Investment Deposit will earn interest at the rate stated on the reverse side, compounded daily jexcepf on amounts greater than <br />gt00,000). Interest will be paid as stated on [he reverse side. Disbursement maybe by check, deposited in your Norwest Banks <br />account, or added to the balance due at maturity <br />Renewal <br />If your Investment Oeposrt is automatically renewable, it will be renewed at the maturity date for a like term and again at any <br />subsequent maturity date unless the Investment is: <br />-wtthdrawn at the maturity date, or <br />-we receive or issue written notice to the contrary at least ten days before such maturity date in which event interest will <br />' cease to be paid after the maturity date. <br />ll your Investment Deposit is not automatically renewable, interest will cease to accrue at the maturity date. <br />Interest payable during any renewable term will be at the Bank's rate for a like term and amount at the time o/renewal. <br />Grace Period <br />You may withdraw your Investment Deposit within seven calendar days otter maturity without penalty. Interest will be paid through the <br />date of withdrawal. However, after the seven day grace period has elapsed, the early withdrawal penalty will apply <br />Early Withdrawal Penalty <br />r <br />If you withdraw all or any part of your Investment Deposit prior to maturity, you will iorteit interest earned on the withdrawn amount as <br />lollows: <br />-I! your Investment has a maturity o/ 32 days to one yeah you lorleit one month's interest on the amount withdrawn. <br />-1/ your Investment has a maturity of more than one year, you lodeit three months' interest on the amount withdrawn. <br />The amount you forfeit will be based on the rate of simple interest being paid on the deposit. If the interest to be torleited exceeds the <br />amount of interest earned, we will deduct the difference from the amount of principal you are withdrawing. 1I any part of the interest to <br />be torleited has been paid to you, or [o your accounts, we will deduct the amount from the amount of principal you are withdrawing. <br />In the event the owner o/the Investment Deposit dies or is judicially declared incompetent, no early withdrawal penalty is required. <br />Deposits in Multiple Names <br />1/more than one depositor, the Investment Deposit will be owned in.joint tenancy with right of survivorship. We may take instructions <br />Irom and pay the Investment Deposit to any one of the named depositors. In the event of garnishment or levy, or it we exercise our <br />right of se[oN, we may treat all funds in the Investment Deposit as it they were owned exclusively by the party subject (o the <br />garnishment, levy or setof/. <br />Pledging <br />Unless this is a Retirement Investment, any depositor may pledge this Investment Deposit as collateral /or a loan with this Bank only <br />This Investment Deposit may not otherwise be assigned or transferred. <br />Additional Intorma tion <br />This Investment Deposit is subject to the Rules and Regulations of this Bank including, if this Investment Deposit Agreement is held in <br />an IRA, the Bank's IRA Custodial Agreement, and to all /edera/ and state statutes and regulations. <br />Miscellaneous <br />We reserve the right to re/use or limit any deposit. <br />Insured By The Federal Deposit Insurance Corporation <br />
The URL can be used to link to this page
Your browser does not support the video tag.