Savings (non retirement funds) are insured up to $100,000 by NCUA an agency of the Federal Government.

Individual Retirement Accounts (IRAs) are insured up to $250,000 by NCUA an agency of the Federal Government. IRAs are insured separately from non retirement funds.

Certificate of Deposit and IRA discloures:
(1) The interest rate on your certificate is __% with an annual percentage yield of __%. You will be paid this rate until first maturity.
(2) Interest is not compounded on certificates if maturity is less than 12 months. Interest is compounded annually on certificates with maturity over 12 months.
(3) Interest will be credited to your account at maturity on certificates with a maturity of 12 months or less. Interest will be credited to your account annually on certificates with a maturity over 12 months. Alternatively, you may choose to have interest paid to you or to another account every ________ rather than credited to this account.
(4) You must maintain the minimum balance stated above in your account each day to obtain the disclosed annual percentage yield.
(5) Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
(6) Interest will begin to accrue on the business day you place noncash items (i.e., checks) to your account.
(7) After the account is opened, you may not make additions into the account until the maturity date stated on the account. You may make withdrawals of principal from your account before maturity only if we agree at the time you request the withdrawal. Principal withdrawn before maturity is included in the amount subject to early withdrawal penalty. You can only withdraw interest before maturity if you make arrangements with us for periodic payments of interest in lieu of crediting.
(8) Early Withdrawal Penalties: if your account has an original maturity of 12 months or less, the penalty we may impose will be all interest that has been earned not to exceed three months. If your account has an original maturity of more than one year, the penalty we may impose will be all interest that has been earned not to exceed six months. In certain circumstances such as the death or incompetence of the owner of this account, 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.
(9) The annual percentage yield is based on an assumption that interest will remain in the account until maturity. A withdrawal will reduce earnings.
(10)  IRA Certificates will automatically renew at maturity. You may prevent renewal if you withdraw the funds in the account at maturity (or within the grace period mentioned below, if any) or we receive written notice from you within the grace period mentioned below, if any. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, interest will not accrue after final maturity. Each renewal term will be the same as the original term, beginning on the maturity date. The interest rate will be the same we offer on new term certificates on the maturity date which have the same term, minimum balance (if any) and other features as the original term share account. You will have a grace period of ten calendar days after maturity to withdraw the funds without being charged an early withdrawal penalty.
(11)  Special Certificates will not automatically renew at maturity. If you do not renew the account, interest will not accrue after maturity.

 IRA Variable Account Disclosures 
(1) Dividend rate and annual percentage yield (APY) may change at any time, as determined by the credit union board of directors.
(2) Dividends will be compounded every month. Dividends will be credited to your account monthly.
(3) 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 follows the ending date of a dividend period, and for the example above is February 1. If you close your share account before dividends are paid, you will not receive the accrued dividends.
(4) Dividends are calculated by the average daily balance method that 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. The period we use is the monthly statement cycle.
(5) Dividends will begin to accrue on the business day you place non-cash items (i.e., checks) to your account.
(6) You may not make any withdrawals transfers to another credit union account of your or to a third party by means of a pre-authorized or automatic transfer, telephonic order or instruction; or similar order to a third party.
(7) Par value of a share is $25.00.