Rate Information:

The dividend rate and annual percentage yield may change every quarter. We may change the dividend rate for your account as determined by the credit union board of directors.

Compounding and crediting  -  Dividends will be compounded every quarter. Dividends will be credited to your account every quarter.

Dividend period  -  For this account type, the dividend periord is quarterly, for example, the beginning date of the first dividend period of the calendar year is January 1, and the ending date of such dividend period is March 31. All other dividend periods follow the same pattern of dates. The dividend declaration date follows the ending date of a dividend period, and for the example above is April 1.

If you close your account before the dividends are paid, you will not receive the accrued dividends.

Minimum balance requirements:

The minimum balance required to open this account is $50.00.

You must maintain a minimum average daily balance of $50.00 in your account to obtain the disclosed annual percentage yield.

Average daily balance computation method  -  Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is the quarter.

Accrual of dividends on noncash deposits  -  Dividends will begin to accrue on the business day you place noncash items (for example,checks) to your account.

Transaction limitations:

During any month, you may not make more than one withdrawal or transfer to another credit union account of yours or to a third party by means of a preauthorized or automatic transfer, telephonic order or instruction, or similar order to a third party. If you exceed the transfer limitations set forth above, your account will be subject to a fee. Please refer to our separate fee chart for the amount we will charge.

Par value of a share:

The par value of a share in this account is $5.00.

Rate Information:

The dividend rate and annual percentage yield may change every quarter. We may change the dividend rate for your account as determined by the credit union board of directors.

Dividend period  -  For this account type, the dividend period is quarterly, for example, the beginning date of the first dividend period of the calendar year is January 1, and the ending date of such dividend period is March 31. All other dividend periods follow this same pattern of dates. The dividend declartation date follow the ending date of a dividend period, and for the example above is April 1.

If you close your account before dividends are paid, you will not receive the accrued dividends.

Minimum balance requirements:

Your must have a #1 Share account open.

There is no minimum balance required to open this account.

You must maintain a minimum average daily balance of $50.00 in your account to obtain the disclosed annual percentage yield.

Average daily balance computation method  - Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in your account for the period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is the quarter.

Accrual of dividends on noncash deposits  -  Dividends will begin to accrue on the business day you place noncash items (for example,checks) to your account.

Transaction limitations:

During any month, you may not make more than one withdrawal or transfer to another credit union account of yours or to a third party by means of a preauthorized or automatic transfer, telephonic order or instruction, or similar order to a third party. If you exceed the transfer limitations set forth above, your account will be subject to a fee. Please refer to our separate fee chart for the amount we will charge.

Rate Information:

The dividend rate and annual percentage yield may change every quarter. We may change the dividend rate to your account as determined by the credit union board of directors.

Compounding and crediting  -  Dividends will be compounded every quarter. Dividends will be credited to your account every quarter.

Dividend period  -  For this account, the dividend period is quarterly, for example, the beginning date of the first dividend period of the calendar year is January 1, and the ending date of such dividend period is March 31. All other dividend periods follow this same pattern of dates. The dividend declaration date follows the ending date of a dividend period, and for the example above is April 1.

If you close your account before dividends are paid, you will not receive the accrued dividends.

Minimum balance requirements:

You must have a #1 Share account open.

No minimum balance is required of this account.

You must maintain a minimum average daily balance of $50.00 in your account to obtain the disclosed annual percentage yield.

Average daily balance computation method  -  Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is the quarter.

Accrual of dividends on noncash deposits  -  Dividends will begin to accrue on the business day you place noncash items (for example, checks) to your account.

Penalty:

No withdrawals are allowed from this account until October 1. Any withdrawal before this date will cause you to forfeit all dividends paid or to be paid and the account will be closed until the new starting period.

Transaction limitations:

You may make open withdrawals during October 1 and December 1 of each year. No penalty or fee will apply on this account during this period.

Payment:

A check will automatically be mailed to you within 10 days of October 1.

Closing:

You have until December 1 to contact the Credit Union if you do not want to continue this account. This account will automatically continue if no contact is made.

Bylaw requirements:

You must complete payment of one share in your Share account as a condition of admission to membership.

Transaction limitation  -  We reserve the right to at any time require not less than seven days notice in writing before each withdrawal from an interest-bearing account other than a time deposit, or from any other savings account as defined by Regulation D.

Nature of dividends  -  Dividends are paid from the current income and available earnings, after required transfers to reserves at the end of a dividend period.

National Credit Union Insurance Fund  -  Member accounts in this credit union are federally insured by the National Credit Union Share Insurance Fund.