The terms applicable to your account at the Credit Union are provided in this Schedule. The Credit Union may offer other rates for these accounts from time to time.

Rates current as of 07-01-07
Last changed on 09-23-08

Except as specifically described, the following disclosures apply to all of the accounts. All accounts described in the Rate and Fee Schedule are share 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 Super Rate, Christmas Card, Health Savings Account, IRA Share Account, Funeral Trust, Basic Checking, Senior Checking, Direct Deposit Checking, and Non Profit Organization Checking accounts, the Dividend Rate and Annual Percentage Yield may change monthly as determined by the Credit Union’s Board of Directors. In addition the fees and features for all accounts may change at any time. The Dividend Rates and Annual Percentage Yields are the prospective rates and yields that the Credit Union anticipates paying for the applicable dividend period. The Super Rate account is a Tiered Rate account. If your Daily Balance is from $25.00 to $1,999.99, the first Dividend Rate and Annual Percentage Yield listed for this account in the Rate Schedule will apply. If your Daily Balance is from $2,000.00 to $9,999.99, the second Dividend Rate and Annual Percentage Yield listed for this account will apply. If your Daily Balance is from $10,000.00 to $19,999.99, the third Dividend Rate and Annual Percentage Yield listed for this account will apply. If your Daily Balance is $20,000.00 or greater, the fourth Dividend Rate and Annual Percentage Yield listed for this account will apply. 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. The IRA Share account is a Tiered Rate account. If your Daily Balance is from $100.00 to $499.00, the first Dividend Rate and Annual Percentage Yield listed for this account in the Rate Schedule will apply. If your Daily Balance is $500.00 or greater, the second Dividend Rate and Annual Percentage Yield listed for this account will apply. 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. The Health Savings Account is a Tiered Rate Account. If your Daily Balance is from $50.00 to $999.99, the first Dividend Rate and Annual Percentage Yield listed for this account in the Rate Schedule will apply. If you Daily Balance is from $1,000.00 to $4,999.99, the second Dividend Rate and Annual Percentage Yield listed for this account will apply. If your Daily Balance is $5,000.00 or greater, the third Dividend Rate and Annual Percentage Yield listed for this account will apply. 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.

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 frequency of dividends and dividend period applicable to each account are stated in the Rate Schedule. The Dividend Period is the period of time at 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 all accounts, dividends will begin to accrue on non-cash deposits (e.g. checks) on the business day you make the deposit to your account. If you close your account before accrued dividends are credited, you will receive the accrued dividends.

5. Balance Information. To open any account, you must deposit or already have on deposit at least the par value of one full share in any account. The par value amount is stated in the Fee Schedule. Some accounts may have additional minimum opening deposit requirements. The minimum balance requirements applicable to each account are stated in the Rate Schedule. For Basic Checking accounts, there is a minimum Daily Balance required to avoid a service fee for the dividend period. If the minimum daily balance is not met during each day of the dividend period, there will be a service fee as stated in the Rate Schedule. For Super Rate, Christmas Club, Health Savings Account, IRA Share, Funeral Trust, Basic Checking, Senior Checking, Direct Deposit Checking, and Non Profit Organization Checking accounts, there is a minimum Daily Balance required to earn the Annual Percentage Yield disclosed for the dividend period. If the minimum daily balance is not met each day of the dividend period, you will not earn the stated Annual Percentage Yield. For accounts using the Daily Balance method as stated on the Rate Schedule, dividends are calculated by applying a daily periodic rate to the balance in the account each day.

6. Account Limitations. For Super Rate, Christmas Club, Health Savings Account, IRA Share Account, Funeral Trust, no more than six (6) preauthorized, automatic, or telephone transfers may be made from each account to another account or to third party in any month, and no more than three (3) of these six (6) transfers may be made by check or debit card to a third party. If you exceed these limitations, your account may be subject to a fee or be closed. IRA Share Accounts are a special purpose account. An Agreement between the member and the Credit Union must be signed before the account is opened. Transactions are governed by IRS Regulations and the IRA Account Agreement. Health Savings Account (HSA) is a special purpose account, an agreement between the member and the Credit Union must be signed before the account is opened. Transactions are governed by IRS Regulations and the HSA Account Agreement. Health Savings Accounts have a stipulation to open an account one must have a health plan with a deductible of at least $1,100.00 for individual coverage and $2,200.00 for family coverage. For Christmas Club accounts, if you withdraw from your account, you will be charged a fee as disclosed in the Fee Schedule. For Funeral Trust accounts, withdrawals may be made to cover funeral expenses only. You may refer to the Funeral Trust Agreement for additional terms and conditions. For Student Checking accounts, you must be a high school or college student at least 18 years old. For Direct Deposit Checking accounts, you must have direct deposit of payroll check, social security check, pension check or AFDC check. For Non Profit Organization Checking accounts, the account holder must be a nonprofit organization. For ICU Free Checking, Basic Checking, and Senior Checking accounts, no account limitations apply.

The rates appearing in this Schedule are accurate as of the Effective Date indicated on this Rate and Fee Schedule. If you have any questions or require current rate and fee information on your accounts, please call the Credit Union, at the number listed below.