FUNDS AVAILABILITY POLICY DISCLOSURE

The following information describes St. Paul Federal Credit Union’s policy of making funds deposited in a Share Account (also known as a “transaction
account”) available to you for withdrawal immediately. This is what is called a Funds Availability Policy. Generally, transaction accounts are accounts,
which would permit an unlimited number of payments by check or other order to third persons, and also an unlimited number of telephone and
preauthorized transfers to third persons, or other accounts you may have with us.

Your Ability to Withdraw Funds. Our policy is to make funds from your cash and check deposits available on the second business day after we
receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once they are available, you can withdraw the
funds in cash and we will use the funds to pay checks that you have written.

Determining Availability of Deposits. For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and
Federal Holidays. If you make a deposit before closing time on a business day that we are open, we will consider that to be the day of your deposit.
However, if you make a deposit after closing time or on a day we are not open, we will consider that the deposit was made on the next business day
we are open. Our hours of operation and closing times are available from the credit union and posted in our lobby.

Please be aware, however, that all deposits are subject to proof and verification and if you deposit a check, draft or other non-cash item, which is
returned for non-payment for any reason, you authorize us to charge your account for the amount of those funds and we may charge your account
without providing prior notice.

Other Check Deposits Availability – Case by Case Delays. There may be delayed availability of funds from some funds that are deposited into your
accounts. Your deposits may be made available on the second business day after the deposit is received by the Credit Union, however, in some
cases, we will not make all of the funds that you deposit by check available to you on the second business day that we receive your deposit. Funds
may not be available from some checks deposited until the fifth business day after the deposit. Nonetheless, if all of your deposit is not made available
on the second business day after the deposit, the first $200.00 of your deposit will be available on the first business day after your deposit. If we are
not going to make all of the funds from your deposit available on the second business day after the deposit, we will notify you at the time you make
your deposit. We will also let you know when the funds will be available. If your deposit is not made directly to one of our employees, or if we decide to
take this action after you have left the premises, we will mail you the notice by the next business day after we receive your deposit. If you will need the
funds from a deposit right away, you should ask us when the funds will be available. During any delay, you may not withdraw the funds in cash and St.
Paul Federal Credit Union will not use the funds to pay checks that you have written. The length of delay is counted in business days from the day of
your deposit, including every day except Saturdays, Sundays and Federal Holidays. A deposit is considered received when it is accepted at one of our
branch offices with all appropriate endorsements. A deposit accepted while our data processing system is not online will be considered received when
the transaction is posted in the St. Paul Federal Credit Union records.

Longer Delays May Apply. In some cases, we will not make all of the funds that you deposited available to you on the second business day after the
day of your deposit. Depending on the deposit, funds may not be available until the fifth business day after the day of your deposit. However, the first
$200 of your deposits will be available on the next business day after your deposit.

If we are not going to make all of the funds from your deposit available on the second business day, we will notify you at the time you make your
deposit. We will also tell you when the funds will be available. If your deposit is not made directly to one of our employees, or if we decide to take this
action after you have left the premises, we will mail you the notice by the day after we receive your deposit.

If you will need the funds from a deposit right away, you should ask us when the funds will be available.
In addition, funds you deposit by check may be delayed for a longer period under the following circumstances:

We believe a check you deposit will not be paid.
You deposit checks totaling more than $5,000 on any one day.
You redeposit a check that has been returned unpaid.
You have overdrawn your account repeatedly in the last six months.
There is an emergency, such as failure of computer or communications equipment.
Your deposits are drawn on foreign financial institutions or foreign entities.

We will notify you if we delay your ability to withdraw funds for any of these reasons, and we will tell you when the funds will be available. They will
generally be available no later than the seventh business day after the day of your deposit, unless your deposits are drawn on foreign financial
institutions or foreign entities, which are exempt from the policies outlined in this disclosure. We reserve the right to refuse any item for deposit.

Deposits at Automated Teller Machines. The first $200.00 from any deposits (cash or checks) made into your account at ATMs we own or operate
will be available on the next business day we receive your deposit. The excess over $200.00 from such deposits will not be available until the second
business day after the day of your deposit. If you make a deposit at an ATM after business office hours or on a day that our offices are not open, we
may consider the deposit made on the next business day we are open. All ATMs that we own or operate are identified as our machines.

Any deposits (cash or checks) made at ATMs we do not own or operate will be available on the fifth business day after we receive your deposit.

Deposits in Non-transaction Accounts. Regulation CC does not apply to non-transaction or savings deposits; therefore, there is no maximum time
frame within which the proceeds of savings deposits must be made available for withdrawal. Our general policy for check holds on non-transaction
accounts is to follow the same guidelines used for transaction accounts, although we reserve the right to impose longer holds if deemed necessary.
We will notify you if we delay your ability to withdraw funds for any reason, and we will tell you when the funds will be available.

Holds on Other Funds (Check Cashing). If we cash a check for you that is drawn on another financial institution, we may withhold the availability of a
corresponding amount of funds that are already in your account. Those funds will be available at the time funds from the check we cashed would have
been available had you deposited it.

Holds on Other Funds (Other Account). If we accept for deposit a check that is drawn on another financial institution, we may make funds from the
deposit available for withdrawal immediately, but delay your ability to withdraw a corresponding amount of funds that you have on deposit in another
account with us. The funds in the other account would then not be available for withdrawal until the time periods that are described elsewhere in this
disclosure for the type of check that you deposited.

Check Endorsements. Federal law requires a proper endorsement on checks to be placed on the back left side of the check within a 1 & ½ inch area.
If you fail to properly endorse a check, further delays in processing will be incurred or, the check may be rejected for deposit.

Large deposits. The availability of funds provisions in this disclosure do not apply to the aggregate amount of deposits by one or more checks to the
extent that the aggregate amount is in excess of $5,000 on any one business day. For customers that have multiple accounts at the credit union, the
credit union may apply this exception to the aggregate deposits to all accounts held by the member, even if the member is not the sole holder of the
accounts and not all of the holders of the accounts are the same.

Special Rules for New Accounts. If you are a new member, the following special rules will apply during the first 30 days your account is open. Funds
from electronic direct deposits to your account will be available on the day we receive the deposit. Funds from deposits of cash, wire transfers, and the
first $5,000 of a day’s total deposits of cashier’s, certified, teller’s, traveler’s, and federal, state and local government checks will be available on the first
business day after the day of your deposit if the deposit meets certain conditions. For example, the checks must be payable to you (and you may have
to use a special deposit slip). The excess over $5,000 will be available on the ninth business day after the day of your deposit. If your deposit of these
checks (other than a U.S. Treasury check) is not made in person to one of our employees, the first $5,000 will not be available until the second
business day after the day of your deposit. Further delays may apply to checks drawn on foreign entities.

Foreign Deposits. Foreign checks are exempt from the policies outlined in this Disclosure. Regulation CC and this Disclosure do not apply to deposits
drawn on foreign financial institutions located outside the U.S. Foreign deposits cannot be processed the same as deposits of funds drawn on U.S.
financial institutions. Generally, the availability of funds for deposits of foreign checks will be delayed for the time it takes us to collect the funds from
the financial institutions upon which it is drawn.

Questions

In case you have any questions regarding our Funds Availability Policy, please contact us at: St. Paul Federal Credit Union, 1330
Conway St., Suite 200, Saint Paul, MN 55106, (651) 772-8744.