Except as specifically described, the
following disclosures apply to all of the accounts. All accounts described in
this Rate and Fee Schedule are share accounts.
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 Share
Certificate account, the Dividend Rate and Annual Percentage Yield are fixed and
will be in effect for the term of the account. For Share, Vacation, Christmas
Club, and IRA accounts, the Dividend Rate and Annual Percentage Yield may change
quarterly as determined by the Credit Unionís Board of Directors. For Checking
accounts, the Dividend Rate and Annual Percentage Yield may change monthly
as determined by the Credit Unionís Board of Directors. The Annual Percentage
Yield is based on an assumption that dividends will remain on deposit until
maturity. A withdrawal of dividends will reduce earnings.
Nature of Dividends. Dividends are paid from current income and available earnings after
required transfers to reserves at the end of the dividend period.
Complete Disclosure Information