Truth in Savings Disclosure

The dividend rate and annual percentage yield may change at any time. We may change the dividend rate for your account as determined by the credit union.

For any month where the account does not meet the qualification requirements, the account will not earn dividends.

Dividends will be compounded every month. Dividends will be credited to your account every month.

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 of such dividend period is January 31. All other dividend periods follow this same pattern of dates. The dividend declaration date is the last day of the dividend period, and for the example above is January 31. If you close your account before dividends are paid, you will not receive the accrued dividends.

MINIMUM BALANCE REQUIREMENTS

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 monthly statement cycle.

Dividends will begin to accrue on the business day you place noncash items (for example, checks) into your account.

No transaction limitations apply to this account unless otherwise stated in the Common Features section.