Share Certificate Disclosure

Terms and Conditions

This account is subject to and further explained in the terms and conditions contained in the account agreement and the account disclosures listed below. The account is Not Negotiable and Not Transferable.

Term of Share Certificate
The Term (Length in Months) of your Share Certificate is selected at account opening, and will be displayed in the selection criteria for the account type, as well as displayed in the details of the Certificate of Deposit as listed on your account.

Compounding Frequency
For all term certificates offered, the dividends will be compounded and credited to your account monthly and at maturity. Alternatively, you may choose to have dividends paid to you or to another account monthly and at maturity rather than credited to this account. For changes to the dividend payment account, please contact our Member Services Department.

Dividend Period
For this account type, the dividend period is monthly. Unless otherwise noted.

Minimum Balance Requirements
The minimum balance required to open this account is stated in the account terms and displayed on the screen.

Transaction Limitations
Once the account is opened, you may not make additions to or withdrawals from the principal until the maturity date stated. You may only withdraw dividends stated before maturity if you make arrangements with us for periodic payments of dividends in lieu of crediting dividends to your certificate.

Early Withdrawal Penalties
For all accounts, the amount of the early withdrawal penalty is based on the term of your account. The penalty schedule is as follows:

• Terms of 1 year or less: 90 days dividends
• Terms of more than 1 year but less than 2 years: 180 days dividends
• Terms of 2 years or more: 365 days dividends

In certain circumstances such as the death or incompetence of an account owner, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. See your plan disclosure if this account is part of an IRA or other tax qualified plan. Penalties may reduce the principal amount invested.

Withdrawal of Dividends Prior to Maturity
The Annual Percentage Yield is based on an assumption that dividends will remain in the account until maturity. A withdrawal may reduce earnings.

Automatically Renewable Account
This account is automatically renewable, it will automatically renew at maturity. You may prevent renewal if we receive written notice from you before maturity of your intention not to renew or you withdraw the funds in the account at maturity (or within the grace period mentioned below). We can prevent renewal if we receive notice from you at least 30 calendar days before maturity. If either you or we prevent renewal, your funds will be placed in a dividend-bearing account. Each renewal term will be the same as the original term beginning on the maturity date. Featured time certificates will have a different term and maturity than the original certificate. Automatically renewed certificates are renewed at the current rate.

Grace Period
You will have a grace period of seven (7) calendar days after maturity to withdraw the funds without being charged an early withdraw penalty.