APY = Annual Percentage Yield

Variable Rate - Your dividend rate and Annual Percentage Yield may change. At our discretion we may change the dividend rate at any time.

Compounding and Crediting - Dividends will be compounded monthly and credited to your account on the last day of each calendar month.

Dividend Period - The dividend period is monthly. For example, the beginning date of the first dividend period of the calendar year is January 1, and the ending date of such dividend period is January 31. All other dividend periods follow this same pattern of dates.

Effect of Closing Account - If you close your account before dividends are credited, you will forfeit all accrued dividends for that period. 

Minimum Balance Requirements - You must maintain a minimum daily balance of $2,500 in your account to earn the disclosed rate and Annual Percentage Yield for this account. If on any day your account falls below $2,500 then no dividends will accrue.

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

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

Transactions Limitations - During any statement period, you may not make more than six withdrawals or transfers to another account of yours at the credit union or to a third party by means of a preauthorized or automatic transfer or telephonic order or instruction. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to closure by us and/or a fee as disclosed in the fee schedule.