Truth-in-Savings Disclosure

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 Share, Emergency Fund Share, Christmas Club, Vacation Club, IRA Share, Business Share, and Business Money Market accounts, the dividend rate and annual percentage yield may change at any time as determined by the Credit Union’s Board of Directors. The dividend rates and annual percentage yields are the rates and yields as of the last dividend declaration date that is set forth in the Rate Schedule. Share, Emergency Fund Share, Christmas Club, Vacation Club, IRA Share, Business Share, and Business Money Market accounts are tiered rate accounts.

The balance ranges and corresponding dividend rates and annual percentage yields applicable to each tier are disclosed in the Rate Schedule. For Share, Christmas Club, Vacation Club, IRA Share, Business Share, and Business Money Market
accounts, once a particular range is met, the dividend rate and annual percentage yield for that balance range will apply to the full balance of your account. For Emergency Fund Share accounts, each dividend rate will apply only to that portion of the account balance within each balance range.

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

The compounding and crediting frequency of dividends and the dividend period applicable to each account are stated in the Rate Schedule. The dividend period is the period of time at the end of 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.

For all earning accounts, dividends will begin to accrue on noncash deposits (e.g. checks) on the business day you make the deposit to your account. For Emergency Fund Share, Christmas Club and Vacation Club accounts, if you close your account before accrued dividends are credited, you will not receive the accrued dividends.

To open any account, you must deposit or already have on deposit the minimum required share(s) in a savings account. Some accounts may have additional minimum opening deposit requirements. The minimum balance requirements applicable to each account are set forth in the Rate Schedule. For Share accounts, there is a minimum average daily balance required to avoid a service fee for the dividend period.

If the minimum average daily balance requirement is not met, you will be charged a service fee as stated in the Schedule of Fees and Charges. For Share, Emergency Fund Share, Christmas Club, Vacation Club, IRA Share accounts, Business Share, and Business Money Market there is a minimum average daily balance required to earn the annual percentage yield disclosed for the dividend period. If the minimum average daily balance requirement is not met, you will not earn the annual percentage yield stated in the Rate Schedule. For accounts using the average daily balance method as stated in the Rate Schedule, dividends are calculated by applying a periodic rate to the average daily balance in the account for the dividend period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

For Share and Business Share accounts, you may make no more than six (6) transfers and withdrawals from your account to another account of yours or to a third party in any month by means of a preauthorized, automatic, or Internet transfer, by telephonic order or instruction, or by check, draft, debit card or similar order. If you exceed these limitations, your account may be subject to a fee or be closed.

For Emergency Fund Share accounts, you may make two (2) withdrawals from your account each calendar year. If you exceed this limitation, you may be subject to a fee as disclosed in our Schedule of Fees and Charges. For Christmas Club accounts, you may make unlimited withdrawals or transfers from your account during the months of November and December with no fee. If you make any withdrawals or transfers during any other month, you may be subject to a fee as disclosed in our Schedule of Fees and Charges. For Vacation Club accounts, you may make unlimited withdrawals or transfers from your account during the months of June and July with no fee. If you make any withdrawals or transfers during any other month, you may be subject to a fee as disclosed in our Schedule of Fees and Charges.

For Business Money Market accounts, you may make six (6) withdrawals or transfers from your account each month. If you exceed this limitation, you will be charged a fee as disclosed in the Schedule of Fees and Charges. For Share Draft, IRA Share, and Business Checking accounts, no account limitations apply.

Fees for overdrawing your account may be imposed on each check, draft, item, ATM transaction and one-time debit card transaction (if member has consented to overdraft protection plan for ATM and one-time debit card transactions), preauthorized automatic debit, telephone initiated withdrawal or any other electronic withdrawal or transfer transaction that is drawn on an insufficient available account balance.

The entire balance in your account may not be available for withdrawal, transfer or paying a check, draft or item. You may consult the Membership and Account Agreement and Funds Availability Policy Disclosure for information regarding the availability of funds in your account. Fees for overdrawing your account may be imposed for each overdraft, regardless of whether we pay or return the draft, item or transaction. If we have approved an overdraft protection limit for your account, such fees may reduce your approved limit. Please refer to the Schedule of Fees and Charges for current fee information.

For ATM and one-time debit card transactions, you must consent to the Credit Union’s overdraft protection plan in order for the transaction amount to be covered under the plan. Without your consent, the Credit Union may not authorize and pay an overdraft resulting from these types of transactions. Services and fees for overdrafts are shown in the document the credit union uses to capture the member’s opt-in choice for overdraft protection and the Schedule of Fees and Charges.

As a condition of membership, you must purchase and maintain the minimum required share(s) as set forth below.

• Per Value of One Share – $5.00
• Number of Shares Required – 1

The rates provided in or with the Rate Schedule are accurate as of the last dividend declaration date indicated on this Truth-in-Savings Disclosure. If you have any questions or require current rate information on your accounts, please call the Credit Union.

See separate Schedule of Fees and Charges for a listing of fees and charges applicable to your account(s).