Deposit Rates

Rate Information
The dividend rate and annual percentage yield may change every quarter based on the determination of the credit union Board of Directors.

Compounding and Crediting
Dividends will be compounded daily and will be credited quarterly. The dividend period is quarterly, for example, the beginning date of the first dividend period of the calendar year is January 1^st and the ending date of such dividend period is March 31^st. All other dividend periods follow this same pattern of dates. The dividend declaration date follows the ending date of a dividend period, and for example is April 1^st.

Dividend Period
The dividend period for the credit union is quarterly, beginning the first day of the quarter and ending on the last day of the quarter.

Minimum Balance Requirements
The minimum balance requirements for each account are set forth above. Minimum balance requirements may include a minimum opening deposit, the minimum balance that you must maintain in the account to avoid service fees, and the minimum balance that you must maintain each day to earn the stated Annual Percentage Yield for that account. The par value of a share in this credit union is $5.00.

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 Noncash Deposits
Dividends will begin to accrue on the business day you deposit noncash items (for example, checks) to your account.

Par Value
The par value of a regular share in this credit union is $5.00.

Bylaw Requirements
You must complete payment of one share in your share account as a condition of admission to membership.

Transaction Limitations
We reserve the right to at any time require not less than seven (7) days notice in writing before each withdrawal from an interest-bearing account other than a time deposit, or from any other savings account as defined by Regulation D.

Nature of Dividends
The Board of Directors declares dividends based on current income and available earnings of the credit union after providing for the required reserve transfers at the end of the dividend period.

National Credit Union Insurance Fund
Member accounts in this credit union are federally insured by the National Credit Union Share Insurance Fund. The categories of transactions for which and overdraft fee may be imposed are those by an of the following means: Share draft, in-person withdrawal, ATM withdrawal, or other electronic means.

Please refer to our separate fee schedule for additional information about charges.  

Certificate of Deposit Truth-In-Savings Disclosure
To view current APY, term, dividend payment method, current rate, and maturity date see certificate details. Early Withdrawal Penalty: 90 days interest

Compounding and Crediting Frequency
Unless otherwise paid, dividends will be compounded every quarter. Dividends will be credited to your account every quarter. Alternatively you may choose to have dividends paid to you or to another account every quarter rather than credited to this account.

Dividend Period
The dividend period of the Credit Union is Quarterly, beginning on the first day of a quarter and ending on the last day of the quarter.

Minimum Balance Requirements
The minimum balance required to open this account is $500.00. You must maintain a minimum daily balance of $500.00 in your account each day to obtain the disclosed annual percentage yield.

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 Noncash Deposits
Dividends will begin to accrue on the business day you deposit noncash items (for example checks) to your account.

Early Withdrawal Penalties
A penalty may be imposed for withdrawals before maturity. The penalty we impose will equal 90 days dividends on the amount withdrawn subject to penalty.

Withdrawal of Dividends Prior to Maturity
The annual percentage yield is based on an assumption that dividends will remain in the account until maturity. A withdrawal will reduce earnings.

Transaction Limitations
After the account is opened, you may not make additions into the account until the maturity date stated on the account. You may make withdrawals of principal from your account before maturity only if we agree at the time you request the withdrawal. Principal withdrawn before maturity is included in the amount subject to early withdrawal penalty. You can only withdraw dividends before maturity if you make arrangements with us for periodic payments of dividends in lieu of crediting.

Automatically Renewable Account*
This account will automatically renew at maturity. You may prevent renewal if we receive written notice from you before maturity of your intention not to renew or you withdraw the funds in the account at maturity (or within the grace period mentioned below, if any). If you prevent renewal, your funds will be placed in a dividend-bearing account.

Each renewal term will be the same as the original term beginning on the maturity date. The dividend rate will be the same we offer on new term share accounts on the maturity date which have the same term, minimum balance (if any) and other features as the original term share account. You will have a grace period of seven calendars after maturity to withdraw the funds without being charged an early withdrawal penalty.

Bylaw Requirements
You must complete payment of one share in your Share account as a condition of admission to membership.

National Credit Union Share Insurance Fund
Member accounts in this Credit Union are federally insured by the National Credit Union Share Insurance Fund. The categories of transactions for which an overdraft fee may be imposed are those by any of the following means: Share draft, in-person withdrawal, ATM withdrawal, or other electronic means.

Please refer to our separate fee schedule for additional information about charges.

*Certificate Specials are not automatically renewable accounts and are nonrenewal accounts.
Nonrenewal Account
This account will not automatically renew or roll over and interest on this account will not continue to accrue or accrete after maturity. You may choose at account opening how you wish to receive your funds after maturity such as a check mailed to you or deposited in one of your accounts. If you do not chose, the account balance which includes dividends paid will be deposited to your interest bearing account.