Simply Earning Account Disclosure

Terms and Conditions

Rate information
The dividend rate for this account is determined at the discretion of the board of directors. The dividend rate and annual percentage yield may change on the 1st of each month

Compounding and Crediting:
Dividends will be compounded monthly and will be credited to your account each calendar month.

Dividend period
For this account type, 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. The dividend declaration date is the same as the ending date of a dividend period, and for the example above is January 31.

Daily 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.

Minimum balance to open the account
You must make an initial deposit of at least $100.00 to open the account.

Minimum balance to obtain the disclosed annual percentage yield
The is a $100.00 minimum balance required to maintain this account and receive the minimum disclosed dividend rate. If you close this account before dividends are credited to your account, you will not receive a dividend for that dividend period.

Minimum deposit requirements:
There is a minimum deposit required of $25.00.

Minimum withdrawal requirements:
There is a minimum withdrawal required of $25.00.

Other restrictions on account:

• Account can be funded for free using eBanking, eTransfers, scheduled Automatic Transfers or eDeposits
• No automatic overdrafting to Checking Accounts
• No check withdrawals
• No money orders
• No ATM/Debit cards linked to this account
• Maximum of 1 account per member
• Member must be enrolled for eStatements, eAlerts and eNotices to qualify for this account type
• Funds cannot be used to secure loans
• No bill payment services allowed
• Member must be 18 years of age or older to open this account type

Fees:

• No monthly account fee
• Transfers made over the phone or in person will be subject to a $10.00 fee per transaction
• Deposits or Withdrawals made in person are subject to a $10.00 fee per transaction
• Member must be enrolled for eStatements, eAlerts and eNotices to qualify for this account type. Member has 30 day grace period after account opening to enroll for eStatements, eAlerts and eNotices after account opening before they will be charged a $25.00 per month fee.
• Withdrawal Transaction fee of $25.00 for any withdrawal made during the monthly cycle that exceeds the six (6) free transfers allowed per monthly cycle

Transaction Limitations:
The minimum withdrawal from this account is $100.00 per withdrawal. During any monthly cycle, you may not make more than six (6) withdrawals or transfers to another Credit Union account of yours or to a third party by means of pre-authorized transfer, automatic transfer, Debit Card transfer, internet, telephone, bill payment, fax or any other means. If you exceed this transfer limitation herein, your account will be assessed an additional fee of $25.00 per advance (transaction). A pre-authorized transfer includes any arrangement with us to pay a third party from your account upon oral or written orders received through the automated clearing house (ACH). No other transaction limitations apply to this account unless otherwise stated in the Other Restrictions section of this disclosure, the Electronic Funds Disclosure or Account Terms and Conditions Disclosures provided to you.