TRUTH-IN-SAVINGS ACCOUNT DISCLOSURES

Except as specifically described, the following disclosures apply to all accounts:
1. Rate Information. 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 all accounts, the Dividend Rate and APY may change as determined by the Credit Union’s Board of Directors according to the respective dividend period noted above.
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. The Dividend Rates and APY are the prospective rates and yields that the Credit Union anticipates paying for the applicable 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 all accounts, dividends will begin to accrue on cash and non-cash deposits (e.g. checks) on the business day you make the deposit to your account.
5. Dividend Calculation Method: Dividends are calculated using the average daily balance (ADB) method. This method applies a periodic rate to the ADB in the account for the period. The ADB 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.
6. Balance Information. The minimum balance requirements applicable to each account are set forth in the Rate Schedule. For Market Share accounts, there is a minimum ADB required to obtain the APY for the dividend period. If the minimum ADB is not maintained, you will not earn the stated APY. The account will be closed and all remaining funds will be transferred to the Share Savings account.
7. Account Limitations. For Share Savings and Market Share Savings accounts, no more than six (6) preauthorized, automatic, or telephone transfers may be made from these accounts to another account of yours or to a third party in any month, and no more than three (3) of these six (6) transfers may by made by check, draft, or debit card to a third party. If you exceed these limitations, your account may be subject to a fee or be closed. For Christmas Share accounts, partial withdrawals are not allowed. If a withdrawal is performed, the account will be closed and cannot be reopened until the start of the next Christmas Share year. The Christmas Share year ends on October 31 of each year. On or after October 31, the entire balance will be paid to you by check or transferred to another account of yours. To keep the Christmas Share Account open, one deposit should be made each Christmas Share year. For Market Share accounts, the minimum transfer or withdrawal amount is $500.00 per transaction. For Share Checking accounts, no account limits. For IRA Share Savings, see separate disclosure.

Rates posted are current as of August 1, 2008.