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Effective 2/1/2019 (Please check our rate sheet for current rates)

Type of Account Dividend Rate Annual Percentage Yield (APY) Compounded & Credited Dividend Period Minimum To Open
Share / Savings $50 & Over 0.15% 0.15% Quarterly Quarterly $5
Free Checking 0.00% 0.00% Quarterly Quarterly $0
Holiday / Vacation Club / Auxilliary 0.15% 0.15% Quarterly Quarterly $0
Individual Retirement (IRA) 0.25% 0.25% Quarterly Quarterly $25

Kasasa Saver

Balance Dividend Rate Annual Percentage Yield (APY) Compounded & Credited Dividend Period Minimum To Open
Up to $10,000 if qualifications* are met 0.747% 0.750% Monthly Monthly $0
Over $10,000 if qualifications* are met 0.250% 0.300% to 0.750% Monthly Monthly $0
If qualifications* are not met 0.050% 0.050% Monthly Monthly $0

Kasasa Cash Rewards Checking

Balance Dividend Rate Annual Percentage Yield (APY) Compounded & Credited Dividend Period Minimum To Open
Up to $10,000 if qualifications* are met 2.970% 3.010% Monthly Monthly $0
Over $10,000 if qualifications* are met 0.250% 3.010% to 0.500% Monthly Monthly $0
If qualifications* are not met 0.050% 0.050% Monthly Monthly $0

The National Credit Union Administration (NCUA), a U.S. Government Agency, federally insures savings to $250,000. Additional $250,000 Insurance per Account provided by American Share Insurance. Dividends are calculated by the average daily balance method which 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. Dividends will begin to accrue on the day you deposit cash or non-cash items to your account. Dividends are compounded monthly or by calendar quarter (as referenced above) and credited at the close of each dividend period. For example, the beginning date of the 1st dividend period of the calendar quarter is Jan. 1 & the ending date of such dividend period is Mar. 31. For monthly dividends the beginning date of the 1st dividend period of the calendar month is Jan. 1 & the ending date of such dividend period is Jan. 31. All other dividend periods follow these same patterns of dates. The dividend declaration date follows the ending date of a dividend period, and for the quarterly example is March 31. For the monthly example it is January 31. If an account is closed before the accrued dividends are credited, accrued dividends will not be paid. Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Dividend rates are variable and may change monthly based on the determination of the credit union board of directors. The par value of a share in this credit union is $5.

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