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  Truth In Savings Account Disclosures
Share Certificates
  RATE INFORMATION: The most recent Dividend Rate and Annual Percentage Yield are set forth on the Current Rate Schedule. The Annual Percentage Yield (APY) 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 Share Certificate Accounts, the Dividend Rate and Annual Percentage Yield 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 will reduce earnings.

NATURE OF DIVIDENDS: Dividends are paid from current income and available earnings after providing for the required reserves. The Dividend Rate and APY are the prospective rates and yields that the Credit Union anticipates paying for the applicable dividend period.

COMPOUNDING AND CREDITING: Dividends will be compounded and credited as set forth on the Current Rate Schedule for the Dividend Period. The Dividend Period is the term of the certificate. The Dividend Period begins on the first calendar day of the period and ends on the last calendar day of the period.

BALANCE INFORMATION: The minimum balance required to open the account is set forth on the Current Rate Schedule. Dividends are calculated by the Daily Balance method which applies a daily periodic rate to the principal in the account each day.

ACCRUAL OF DIVIDENDS: Dividends will begin to accrue on cash and non-cash (e.g. checks) deposits on the business day you make the deposit to your account.

TRANSACTION LIMITATIONS AND PENALTIES: After your share certificate account is opened, you may not add funds to your account. Partial withdrawal of principal before the maturity date is not allowed. Complete withdrawal of the principal before the maturity date will result in penalty charges equaling the amount of the accrued interest, except in certain cases. No penalty charges will be assessed in the following instances: withdrawal subsequent to the death of any owner; withdrawal after the close of the dividend period in which the owner's credit union membership was terminated under Article 16 of the bylaws; and withdrawal as a result of liquidation of the credit union.

MATURITY: Your account will mature within the term set forth on the Current Rate Schedule or the maturity date set forth on your Account Receipt. At maturity, the principal and interest will be deposited into your credit union share savings account unless you notify the credit union otherwise.