ADDITIONAL TERMS AND CONDITIONS
AND TRUTH-IN-SAVINGS ACCOUNT DISCLOSURES

1. Rate Information. The dividend rate and annual percentage yield (APY) on your certificate account is set forth in the "ACCOUNT INFORMATION" section. The dividend rate and APY are fixed and will be in effect for the term of the account. The APY is based on the assumption that dividends will remain on deposit until maturity. A withdrawal of dividends will reduce earnings.
2. Compounding and Crediting. Dividends will be compounded and credited as set forth in the "ACCOUNT INFORMATION" section. The dividend period is the account's term. The dividend period begins on the first day of the term and ends on the maturity date.
3. Accrual of Dividends. Dividends will begin to accrue on noncash deposits (e.g. checks) on the business day you make the deposit to your account. If you close your account before accrued dividends are credited, accrued dividends will not be paid.
4. Balance Information. The minimum balance required to open the account and earn the stated APY is set forth in the "ACCOUNT INFORMATION" section. If you do not maintain the minimum balance, you will not earn the stated APY. The dividend calculation method for your certificate is set forth in the "ACCOUNT INFORMATION" section. The daily balance method applies a daily periodic rate to the balance in the account each day. The average daily balance method applies a periodic rate to the average daily balance in the account for the period. The average daily balance 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.
5. Account Limitations. After your account is opened you may not make additional deposits to a certificate account.
6. Maturity. Your certificate account will mature on the maturity date stated in the "ACCOUNT INFORMATION" section. The maturity date of certificate accounts automatically renewed will be stated on your maturity or renewal notice.
7. Early Withdrawal Penalty. We may impose a penalty as stated in the "ACCOUNT INFORMATION" section if you withdraw any of the principal from your certificate account or Individual Retirement Account (IRA) before the maturity date.
   • Amount of Penalty. The early withdrawal penalty amount is set forth in the "ACCOUNT INFORMATION" section.
   • How the Penalty Works. The penalty is calculated as a forfeiture of part of the dividends that have been or would be earned at the nominal dividend rate on the account. It applies whether or not the dividend has been earned. In other words, if the account has not yet earned enough dividends or if the dividends have already been paid, the penalty will be deducted from the principal.
   • Exceptions to Early Withdrawal Penalties. At our option, we may pay the account before maturity without imposing an early withdrawal penalty under the following circumstances:
     • When an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction.
     • Where the account is an IRA and any portion is paid within seven (7) days after establishment; provided that the depositor forfeits an amount of at least equal to the simple dividends earned on the amount withdrawn; or where the account is an IRA and the owner attains age 59½ or becomes disabled.
8. Renewal Policy. Your account is either single term or automatically renewable as stated in the "ACCOUNT INFORMATION" section. Automatically renewable accounts will renew upon maturity for a like term as the initial term. Automatically renewed accounts will be paid dividends at the dividend rate currently in effect for the renewing term. You have a grace period after maturity in which to withdraw funds in the account without being charged an early withdrawal penalty. The length of the grace period is shown in the "ACCOUNT INFORMATION" section. If your account is for a single term, it will not be automatically renewed at maturity and will not pay dividends after the maturity date. 9. Nontransferable/Nonnegotiable. Your account is nontransferable and nonnegotiable. The funds in your account may not be pledged to secure any obligation of an owner, except obligations with the Credit Union.