Truth-In-Savings Disclosure 02

	Truth-In-Savings Disclosure

	Share Accounts: General Information

	Rate Information
	All regular share accounts are variable rate accounts. The rate and APY may change at any time at the Credit Union's discretion.

	Dividend Compounding and Crediting
	Dividends will be compounded daily and credited quarterly with the following exceptions: Strategic Market Accounts, which compound daily and pay monthly and Holiday Club Accounts which compound daily and pay quarterly.

	Dividend Period
	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 is March 31. All other dividend periods follow this same pattern of dates. If you close your account before dividends are paid, you may not receive the accrued dividends.

	Transaction Limitations
	The maximum number of shares you can own in this account is one. There are no withdrawal limitations [NS2]for the number of payments directly to the member. During any month, you may not make more than six withdrawals or transfers to another credit union account of yours or to a third party by means of a pre-authorized or automatic transfer or telephonic order or instruction. No more than 3 of the 6 transfers may be made by check, draft, Visa Check Card, or similar order to a third party. Any excess withdrawals will be returned unpaid and assessed the excessive share withdrawal fee shown on the Schedule of Fees.

	Fees
	Please refer to our separate Schedule of Fees regarding our accounts.

	Share Account Types

	Strategic Savings Account
	Minimum Deposit and Balance Requirements: The minimum balance required to open this account is $100.00. There is a one-time non-refundable membership fee. (See Fee Schedule) You must maintain an average daily balance of $100.00 in your account to obtain the disclosed annual percentage yield. Fees and Charges: Please refer to our separate Schedule of Fees.

	Personal Strategy Account
	You may open additional Personal Strategy Accounts under one account number once you have established a Strategic Savings Account. Minimum Deposit and Balance Requirements: The minimum balance required to open this account is $5.00. You must maintain an average daily balance of $100.00 in this account to earn the disclosed APY. You must maintain a minimum average daily balance of $5.00 to avoid closure. Fees and Charges: Please refer to our separate Schedule of Fees.

	Youth Savings Accounts (Ages 0-17)
	Minimum Deposit and Balance Requirements: The minimum balance required to open this account is $5.00. You must maintain an average daily balance of $100.00 in this account to earn the disclosed APY. You must maintain a minimum average daily balance of $5.00 to avoid closure. Fees and Charges: Please refer to our separate Schedule of Fees.

	Strategic Market Account
	Minimum Deposit and Balance Requirements: The minimum balance required to open this account is $2500.00. This is a tiered rate account and you must maintain the tier specific average daily balance to earn the disclosed rate and annual percentage yield. (See Rate Sheet) Dividend Compounding and Crediting: Dividends will be compounded daily and credited monthly. Dividend Period: For this account type, the dividend period is monthly. For example, the beginning date of the first dividend period of the calendar year is January 1, and the ending date is January 31. All other dividend periods follow this same pattern of dates. Transaction Limitations: If the balance falls below $2500.00, you cannot withdraw the funds via remote services (PAL, ATM/Visa Check Card, Home Banking); you must have a representative of the Credit Union do it for you. Fees and Charges: Please refer to our separate Schedule of Fees.

	Holiday Club Account
	Minimum Deposit and Balance Requirements: The minimum balance required to open this account is $5.00. You must maintain an average daily balance of $5.00 in your account to obtain the disclosed APY and avoid closure. Dividend Crediting: For this account type, the dividends post quarterly and on November 1st when funds are disbursed. Transaction Limitations: This is a depository account only. On November 1st of each year, the available balance, including dividends, will be transferred to your Strategic Savings Account. Any withdrawals prior to November 1st (except withdrawals during the first seven days the account is open) will constitute a request to close your Holiday Club Account and any funds not withdrawn will be transferred to your Strategic Savings Account. Renewal of Account: Your Holiday Club account will automatically renew after the account balance is transferred to your Strategic Savings Account on November 1st.

	IRA Accumulator Account
	Minimum Deposit and Balance Requirements: The minimum balance required to open this account is $100.00. You must maintain an average daily balance of $100.00 in this account to obtain the disclosed APY and avoid closure. Transaction Limitations: You may not make any withdrawals from this account via remote services (PAL, home banking). Certain federal and state penalties may apply when IRA funds (including dividends earned on IRA funds) are withdrawn early and the maximum yearly contribution you may make to an IRA account is limited under the Internal Revenue Code. See your IRA account application and agreement for details.