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TRUTHINSAVINGS DISCLOSURE LAST DIVIDEND DECLARATION DATE: The rates and terms applicable to your account at the Credit Union are provided in this TruthinSavings Disclosure. The Credit Union may offer
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Go to the website www.campbellcu.org
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Navigate to the 'Forms' section or search for 'Truth-in-Savings Disclosure Last Dividend'
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Click on the link or button to access the disclosure document
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Individuals who hold an account with Campbell Credit Union and want to understand the details of the last dividend paid out can benefit from the www.campbellcu.org/wp-content/uploads/truth-in-savings-disclosure-last-dividend. It provides information about the dividend amount, calculation method, frequency of dividend payments, and any conditions or requirements for earning dividends. This disclosure is useful for members who want to monitor their dividend earnings and make informed financial decisions based on the dividend payout performance of the credit union.
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The last dividend refers to the most recent dividend declared by a credit union, which is disclosed in the Truth-in-Savings statement. It provides members with information about the interest earned on their deposits.
Credit unions and other financial institutions that offer savings accounts are required to file the Truth-in-Savings disclosure, including the last dividend information, to ensure transparency with their members.
To fill out the disclosure, provide the applicable account details, the last declared dividend rate, and the period for which it applies, ensuring accuracy and clarity for members.
The purpose of this disclosure is to inform members about the dividend rates, the way these rates are calculated, and ensure that they are aware of the interest they can earn on their savings.
The disclosure must report the dividend rate, annual percentage yield (APY), compounding frequency, and any conditions that apply to the earning of those dividends.
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