Rate Information
The Dividend Rate and APY are fixed and will be in effect for the term of the account. The APY is based on an assumption that dividends will remain on deposit until maturity. A withdrawal of dividends will reduce earnings.

Compounding and Crediting
Dividends will be compounded and credited as set forth above. The dividend period for all certificate accounts begins on the date of issue and ends on the date of maturity. The dividend period is quarterly, for example, if an account is opened on January 5, the beginning date for the first dividend period is January 5 and the ending date of such dividend period is March 31 and the dividend is paid on April 1. All other dividend periods follow this same pattern of dates until maturity, when the final dividend would be credited. The dividend period on a 91 day certificate begins on the date the account is opened and ends on the date of maturity, for example, the account is opened on January 5 and the maturity date is April 5, the dividend will be credited on April 5. The dividend period is monthly, for example, if an account is opened on January 5, the beginning date for the first dividend period is January 5 and the ending date of such period is January 31, the dividend will be sent to you or credited to your regular share account on the first business following the end of the dividend period. All other dividend periods follow this same pattern of dates until maturity, when the final dividend would be credited.

Balance Information
The minimum balances required to open each account is set forth above.

Accrual of Dividends
Dividends will begin to accrue on the business day you deposit noncash items (e.g., checks) to your account. If you close your account before accrued dividends are credited, accrued dividends will be paid.

Balance Computation Method
Dividends are calculated by the average daily balance method. This method applies a daily periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day and dividing that figure by the number of days in the period.

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

Transaction Limitations
The transaction limitations for each account are set forth above.

Early Withdrawal Penalties
A penalty may be imposed for withdrawal before maturity.
1. If your account has an original maturity of one year or less, the fee we may impose will equal one months dividends on the amount withdrawn subject to penalty.

2. If your account has an original maturity of longer than one year, the fee we may impose will equal three months dividends on the amount withdrawn subject to penalty.

There are certain circumstances, such as the death or incompetence of an owner, where the account is an IRA and the owner attains age 59 1/2 or becomes disabled, where we may waive or reduce this penalty.

Renewal Policy
This account will automatically renew at maturity. You may prevent renewal if you withdraw the funds in the account at maturity (or within a ten calendar day grace period). Each renewal term will be the same as the original term, beginning on the maturity date. Interest will be calculated on the same basis as during the original term at the current interest rate. You will receive a renewal notice at least fifteen (15) days prior to maturity.

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