Pennsylvania Statutes Title 7 P.S. Banks and Banking § 6020-126. Authorizing payment of earnings or interest on savings accounts

The board of directors shall determine the earnings or interest, if any, to be credited not less frequently than annually to savings accounts on the books of the association unless a savings account holder shall have requested and the association shall have agreed to pay earnings or interest on such savings account in cash. Earnings or interest payable in cash may be paid by check or bank draft. All accounts of the same type and class shall be paid the same rate of earnings or interest.