Savings Accounts

1. Rate Information
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 Regular Share, Vacation Club, Christmas Club and IRA Share accounts, the Dividend Rate and Annual Percentage Yield may change quarterly as determined by the Credit Union's Board of Directors. The Dividend Rates and Annual Percentage Yields are the prospective rates and yields that the Credit Union anticipates paying for the applicable dividend period.

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

3. Dividend Compounding and Crediting
The compounding and crediting of dividends and dividend period applicable to each account are set forth 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.

4. Accrual of Dividends
For Regular Share, Vacation Club, Christmas Club and IRA Share accounts, dividends will begin to accrue on noncash deposits (e.g. checks) on the business day you make the deposit to your account.

5. Balance Information
The minimum balance requirements applicable to each account are set forth in the Rate Schedule.

If the minimum daily balance is not met, you will not earn the stated Annual Percentage Yield. For Regular Share, Vacation Club, Christmas Club and IRA Share accounts using a Daily Balance method, dividends are calculated by applying a daily periodic rate to the principal in the account each day.

6. Account Limitations
For Vacation Club accounts, the entire balance will be paid to you by check or transferred to another account of yours at your request and the account will remain open. For Christmas Club accounts, the entire balance will be paid to you by check or transferred to another account of yours on or after October 1 and the account will remain open. For all accounts, no account limitations apply.

IRA Market Index Certificate Accounts

1. Rate Information
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 IRA Market Index Certificate accounts, the Dividend Rate and Annual Percentage Yield is determined at maturity based on Standard & Poors 500. The Annual Percentage Yield is based on an assumption that dividends will remain on deposit until maturity. A withdrawal of dividends will reduce earnings.

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

3. Dividends Compounding and Crediting
The compounding and crediting of dividends applicable to each account is set forth in the Rate Schedule. The Dividend Period begins on the first calendar day of the Dividend Period and ends on the last calendar day of the Dividend Period.

4. Balance Information
The minimum balance requirements applicable to each account are set forth in the Rate Schedule. For IRA Market Index Certificate accounts, dividends are calculated by the Daily Balance method which applies a daily periodic rate to the principal in the account each day.

5. Accrual of Dividends
For IRA Market Index Certificate accounts, dividends will begin to accrue on noncash deposits (e.g. checks) on the date of establishment. For IRA Market Index Certificate accounts, if you close your account before accrued dividends are credited, accrued dividends will not be paid.

6. Transaction Limitations
After your account is opened, your ability to make additional deposits to your account or withdrawals of dividends and any limitations on such transactions are set forth in the Rate Schedule.

7. Maturity
Your account will mature as indicated on this Rate and Fee Schedule or on your Account Receipt or Renewal Notice.

8. Early Withdrawal Penalty
No early withdrawals allowed, except upon death of Market Index Certificate holder.

9. Renewal Policy
A Market Index Certificate will not automatically renew. Upon maturity the balance will be invested in a regular credit union IRA share account. For IRA Market Index Certificate accounts, your account will not automatically renew, but you may purchase a new certificate at your option. Dividends, if any will be paid at maturity. The balance in this account will be transferred to another account of yours. Nontransferable/Nonnegotiable Your account is nontransferable and nonnegotiable. The funds in your account may not be pledged to secure any obligation of an owner.

Share Certificate Accounts

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

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

3. Dividends Compunding and Crediting
The compounding and crediting of dividends applicable to each account is set forth in the Rate Schedule. The Dividend Period begins on the first calendar day of the Dividend Period and ends on the last calendar day of the Dividend Period.

4. Balance Information
The minimum balance requirements applicable to each account are set forth in the Rate Schedule. For all accounts, dividends are calculated by the Daily Balance method which applies a daily periodic rate to the principal in the account each day.

5. Accrual of Dividends
For all accounts, dividends will begin to accrue on noncash deposits (e.g. checks) on the business day you make the deposit to your account.

6. Transaction Limitations
After your account is opened, your ability to make additional deposits to your account or withdrawals of dividends and any limitations on such transactions are set forth in the Rate Schedule.

7. Maturity
Your account will mature as indicated on this Rate and Fee Schedule or on your Account Receipt or Renewal Notice.

Early Withdrawal Penalty

1. Amount of Penalty
For all accounts, the amount of the early withdrawal penalty is based on the term of your account. The penalty schedule is as follows:

• Terms of 1 year or less Dividends earned up to 30 days
• Terms Greater than 1 year Dividends earned up to 90 days

2. How Penalty Works
The penalty is calculated as a forfeiture of part of the dividends that have been earned. Exceptions to Early Withdrawal Penalties. At our option, we may pay the account before maturity without imposing an early withdrawal penalty under the following circumstances: (i) When an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction.

3. Renewal Policy
The renewal policy for your accounts is indicated on your certificate receipt. For all accounts, your account will automatically renew for a similar term upon maturity. For all accounts, you have a grace period of seven (7) days after maturity in which to withdraw funds in the account without being charged an early withdrawal penalty.

4. Nontransferable/Nonnegotiable
Your account is nontransferable and nonnegotiable. The funds in your account may not be pledged to secure any obligation of an owner, except obligations with the Credit Union.