Rates are Effective May 21, 2008
Member accounts in this Credit Union are federally insured by the National Credit Union Share Insurance Fund for up to $100,000.00. The APR’s and APY’s may change every month as determined by the Credit Union Board of Directors.

Balance	Dividend Rate	APY
$.00 - $99.99	0.00%	0.00%
$100 - $4,999.99	.75%	.75%
$5,000 - $9,999.99	.90%	.90%
$10,000 - $19,999.99	1.10%	1.10%
$20,000 - $49,999.99	1.30%	1.31%
$50,000 & over	2.85%	2.89%

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

Compounding & Crediting Dividends
will be compounded and credited to your account every month. If you close your account before dividends are credited, you will not receive accrued dividends.

Dividend Period
The dividend period is monthly; dividends are credited to the member’s account on the first day of the following month.

Daily Balance Computation Method
Dividends are calculated by the daily balance method, which applies a daily periodic rate to the balance in the account each day.

Accrual of Dividends on Non-Cash Deposits
Dividends will begin to accrue the business day you place non-cash items in your account.
Par Value of a Share The par value of a share in this account if five dollars ($5).

Minimum Balance Requirements
The minimum balance to open this account is $5. You must also arrange for payroll deductions of at least $5 on your first pay period following the day you open your account. You must maintain a balance of $100 in your account each day to obtain the disclosed annual percentage yield.

Withdrawals
We reserve the right to refuse any withdrawal which is attempted by any method not specifically permitted, which is for less than the minimum withdrawal requirement ($5.00), or which exceeds any frequency limitation. We reserve the right to require you to notify us of your intention to withdraw shares from this account as explained in our bylaws. See our notice of penalties for early withdrawal.

Transaction Limitations
During any month, you may not make more than two (2) withdrawals from your share account. If you exceed the limitation, your account will be charged one dollar ($1) for each withdrawal, and your account will be subject to closure by the Credit Union.

Fees & Charges
An excessive withdrawal fee of $1 will be charged for each withdrawal in excess of two (2) per month. A low balance fee of five dollars ($5) will be charged on accounts with a balance of less than one hundred ($100). The fee will be charged per transaction if the withdrawal causes the balance to fall below $100.


Dividends are compounded and credited the same as on shares, with a $5 minimum requirement.

Any withdrawal prior to maturity of the club is subject to a $25 penalty.
Vacation Club Maturity Date: May 1st (or later)
Christmas Club Maturity Date: Oct 1st (or later)

Member must notify office when they are ready to withdraw account balance. The account balance will continue to build until you notify us to issue a check. This account will automatically renew upon withdrawal. You may prevent renewal if you tell us to close the account.

Balance	Dividend Rate	APY
$.00 - $4.99	0.00%	0.00%
$5.00 - $4,999.99	.75%	.75%
$5,000 - $9,999.99	.90%	.90%
$10,000 - $19,999.99	1.10%	1.10%
$20,000 - $49,999.99	1.30%	1.31%
$50,000 & over	2.85%	2.89%

($500 Minimum for all certificates)
6 MONTH CERTIFICATE OF DEPOSIT 2.50% APR
12 MONTH CERTIFICATE OF DEPOSIT 2.90% APR
18 MONTH CERTIFICATE OF DEPOSIT 3.10% APR
24 MONTH CERTIFICATE OF DEPOSIT 3.20% APR
36 MONTH CERTIFICATE OF DEPOSIT 3.25% APR

Compounding and crediting
Dividends will be compounded daily and will be credited to your account at the time of maturity. If you close your certificate account before dividends are credited, you will be subject to an early withdrawal fee and penalties.

Early Withdrawal Penalties If you close your certificate account before maturity, we may impose an early withdrawal penalty which is equal to 50% of interest to be earned.

Balance Computation Method
Dividends on this account are calculated on the Average Daily Balance method. “Daily” means that a daily periodic rate is applied to the principal in the account each day. “ADB” means that the Average Daily Balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

Limitations
Once this Share Certificate is established, you may not make any additional deposits into this Account until the maturity date of the Certificate.

Renewal
You will be notified at least 10 days prior to your certificate’s maturity date. Your Certificate will not automatically renew at maturity. If you do not respond to the notification that we send, your funds will be transferred to your regular share account.

Insurance
Member Accounts in this Credit Union are federally insured by the National Credit Union Share Insurance fund.