Wisconsin Administrative Code
Department of Financial Institutions
DFI-CU 51-75 - Department of Financial Institutions-Credit Unions
Chapter DFI-CU 60 - Savings, dividend periods and early withdrawal penalties
Section DFI-CU 60.02 - Dividend periods
Universal Citation: WI Admin Code ยง DFI-CU 60.02
Current through February 26, 2024
(1) The board of directors shall establish the dividend periods applicable to each classification of members savings. Dividends may be calculated on the basis of any time period, from a minimum period of daily to a maximum period of annually.
(2) Dividends on each classification of members savings shall be calculated and paid in a consistent manner on all accounts complying with the requirements of that class.
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