Savings and Fee Disclosure

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 Share and Christmas Club accounts, the Dividend Rate and Annual Percentage Yield may change quarterly as determined by the Credit Union's Board of Directors. For Certificate of Deposit accounts, the Dividend Rate and Annual Percentage Yield may change more frequently than quarterly, as determined by the Credit Union's Board of Directors. "Current" dividend rates and annual percentage yields are rates and yields as of the last dividend declaration date.

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 of dividends and the dividend period is quarterly. The dividend period is the period of time at the end of the 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. For regular share and Christmas Club accounts, if you close your account before accrued dividends are credited, accrued dividends will not be paid. For Certificate of Deposit accounts, if you close out your CD prior to its maturity date, 90 days worth of interest will be charged to you.

5. Balance Information: The minimum deposit requirement to open a Regular Share or Christmas Club account is $5.00. The minimum deposit to open a Certificate of Deposit account is $1,000.00. For all accounts using a Daily Balance method, dividends are calculated by applying a daily periodic rate to the principal in the account each day.

6. Account Limitations: For regular savings accounts, you are allowed (1) free withdrawal per month. For Christmas Club accounts, the entire balance will be paid to you by check on or after November 3rd and the account will remain open.