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AgdaPkt 2015-08-24 Joint SA and PAF
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AgdaPkt 2015-08-24 Joint SA and PAF
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Last modified
9/8/2015 9:02:17 AM
Creation date
8/20/2015 7:19:56 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
8/24/2015
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5 <br />Reordering Checks .........................................................................................................................................35 <br />Restricted Transactions ..............................................................................................................................35 <br />Transferring an Interest in Company’s Account ....................................................................35 <br /> <br />II. Additional Terms Applicable to All Commercial Interest-Bearing, <br />Savings and Time Accounts ...........................................................................36 <br /> <br />Interest-Bearing Accounts <br />Variable/Fixed-Rate Accounts ..............................................................................................................36 <br />Method Used to Calculate Earned Interest ................................................................................36 <br />Interest Accrual .................................................................................................................................................36 <br />Compounding and Crediting .................................................................................................................36 <br />Target Balance Accounts ...........................................................................................................................36 <br />Interest Adjustments .................................................................................................................................. 37 <br />Tax Identification Number Certification .................................................................................... 37 <br /> <br />Commercial Savings Accounts <br />Bank’s Right to Require Notice ...........................................................................................................38 <br />Regulation D savings account transaction limit and other limited <br />activity………………………………………………………………………….38 <br /> <br />Commercial Time Accounts <br />General .......................................................................................................................................................................39 <br />Certificated Time Accounts .......................................................................................................................39 <br />Maturity Date ........................................................................................................................................................39 <br />Time Requirements ..........................................................................................................................................39 <br />Payment of Interest ...........................................................................................................................................39 <br />Additional Deposits ..........................................................................................................................................40 <br />Withdrawal of Interest Prior to Maturity .........................................................................................40 <br />Renewal Policies ..................................................................................................................................................40 <br />Early Withdrawal Fee ………………………………………………………40 <br /> <br />III. Funds Transfers ............................................................................................... 41 <br />General .......................................................................................................................................................................41 <br />Notice of Receipt of Funds ........................................................................................................................ 41 <br />Reliance on Identification Numbers ................................................................................................. 41 <br />Duty to Report Unauthorized and Erroneous Fund Transfers ..................................... 41 <br />Erroneous Payment Orders ...................................................................................................................... 42 <br />Automated Clearing House (ACH) Transactions ................................................................ 42 <br /> <br />IV. Selected Services ...............................................................................................42 <br />Stagecoach Deposit® – ATM Deposit Only Card Service .................................................. 42 <br />Stagecoach Deposit ® – Post Verify Service ...................................................................................43 <br />6.1.D. - Page 47
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