Except as specifically described, the following disclosures apply to all of the accounts. All accounts described in the disclosure 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 all accounts, the Dividend Rate and Annual Percentage Yield may change quarterly as determined by the Credit Union’s Board of Director’s. The Dividend Rates and Annual Percentage yields are the rate and yields as of the last dividend declaration date which is set forth in the Rate Schedule.
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 ands on the last calendar day of the period.
4. 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. For all accounts, if you close your account before accrued dividends are credited, accrued dividends will not be paid.
5. Balance Information. The minimum balance requirements applicable to each account are set forth in the Rate Schedule. For all 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 regular Share 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 be 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 a Christmas Club account 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. If you withdraw any of your account balance at any time, we will close your account and pay you the full account balance. You may make transfers and withdrawals in the first seven days after the account is opened without restriction. For a Vacation Club account the entire balance will be paid to you by check or transferred to another account of yours on or after April 1 and the account will remain open. If you withdraw any of your account balance at any time, we will close your account and pay you the full account balance. You may make transfers and withdrawals in the first seven days after the account is opened without restriction. For Special Purpose Club Accounts, four (4) withdrawals are allowed per year. For IRA Savings and Share Draft accounts, no account limitations apply.