The terms applicable to your account at the credit union are provided in this Truth-in-Savings Disclosure. Rates and fees are covered in the Rate Schedule and Fee Schedule. Except as specifically described, the following disclosures apply to all Regular, Christmas, Vacation, Bond and IRA Share Savings Accounts.

1. Rate Information
   The annual percentage yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. For Regular, Christmas, Vacation, Bond and IRA Share Savings accounts, the dividend rate and annual percentage yield may change quarterly as determined by the Credit Union’s Board of Directors. The dividend rates and annual percentage yields are the rates and yield as of the last dividend declaration date, which is set forth in the Rate Schedule.



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



3. Dividend Compounding and Crediting
   The compounding and crediting frequency of dividends and the dividend period applicable to each account are stated in the Rate Schedule. The dividend period is the period of time at the end of which an account earns dividend credit. The dividend period begins on the first calendar day of the period and ends on the last calendar day of the period.



4. Accrual of Dividends
   For all accounts, dividends will begin to accrue on noncash deposits (e.g. checks) on the business day you make the deposit to your account. If you close your account before accrued dividends are credited, you will not receive the accrued dividends.



5. Balance Information
   To open any account, you must deposit or already have on deposit at least the par value of one full share in a Share account. The par value amount is stated in the Fee Schedule. Some accounts may have additional minimum opening deposit requirements. The minimum balance requirements applicable to each account are stated in the Rate Schedule. For Regular, Christmas, Vacation, Bond and IRA Share Savings accounts, there is a minimum daily balance required to obtain the annual percentage yield for the dividend period. If the minimum daily balance is not met, you will not earn the stated annual percentage yield. For accounts using the daily balance method as stated on the Rate Schedule, dividends are calculated by applying a periodic rate to the average daily balance in the account for the period.



6. Account limitations
   For Regular, Money Market, Christmas, Vacation, Bond and IRA Share Savings accounts, no more than six (6) preauthorized automatic, or telephone transfers may be made from each account to another account or to a third party in any month, and no more than three (3) of these six (6) transfers may be made by check, draft, or debit card to a third party. If you exceed these limitations, your account may be subject to a fee or be closed. For Christmas accounts, the entire balance will be transferred to another account of yours on or after October 1 and the account will remain open. For Share Draft accounts, no account limitations apply.



7. Fees for Overdrawing Accounts
   Fees may be imposed on each check, draft, item, ATM card withdrawal, debit card point of purchase, preauthorized automatic debit, telephone initiated withdrawal or any other electronic withdrawal or transfer transaction that is drawn on an insufficient available account balance. The entire balance in your account may not be available for withdrawal, transfer or paying a check, draft or item. You may consult the Funds Availability Policy Disclosure for information regarding the availability of funds in your account. Fees for overdrawing your account may be imposed for each overdraft, regardless of whether we pay or return the draft, item or transaction. If we have approved an overdraft protection limit for your account, such fees may reduce your approved limit. Please refer to the Fee Schedule for current fee information.