Research-1166 Federal Credit Union

Checking Account

RATE INFORMATION

The Annual Percentage Yield and the Dividend Rate for this account are shown in the table below.  The Dividend Rate and the Annual Percentage Yield may change every month as determined by the Credit Union Board of Directors.

Your share account will earn dividends according to the following schedule:

                             Balance Limits                Dividend Rate                            APY Range                     

                          $.00/9,999,999.99                    0.00%                                   0.00%

NATURE OF DIVIDENDS

Dividends are paid from current income and available earnings, after required transfers to reserves at the end of the dividend period.

COMPOUNDING AND CREDITING

Dividends will be compounded monthly and will be credited to your account monthly.

BALANCE COMPUTATION METHOD

Dividends on this account are calculated on the ADB method.  ‘DAILY’ means that a daily  periodic rate is applied to the principal in the account each day. ‘ADB’ means that the Average Daily Balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

DATE DIVIDENDS ACCRUE

Dividends will begin to accrue on the business day you deposit non-cash items (e.g. checks) to your account.

PAR VALUE OF SHARE; DIVIDEND PERIOD

The par value of a regular share in this account is $.00.  The dividend period of the Credit Union is a month, beginning on the first of the month and ending on the last day of the month.  If this account is overdrawn, funds from other accounts will be transferred to cover negative balances.

INSURANCE

Member accounts in the Credit Union are federally insured by the National Credit Union Share Insurance Fund.  THE FOLLOWING FEES AND CHARGES MAY BE ASSESSED AGAINST YOUR ACCOUNT:

            STARTER CHECKS (8)                                                                   $8

                STATEMENT COPIES:                                                                   $10 EACH

                CHECK COPIES:                                                                               $5 EACH

                DOMESTIC WIRE TRANSFERS:                                                  $25 EACH

                FOREIGN WIRE TRANSFERS:                                                      $40 EACH

                CERTIFIED CHECKS:                                                                      $5 PER CHECK

                STOP PAYMENT ORDER:                                                              $10 EACH

                NSF ITEMS:                                                                                       $30 EACH

                CHECK PRINTING FEE:  PRICED ACCORDING TO STYLE

                OVERDRAFT TRANSFER FEE:  $15 AFTER FIVE AUTOMATIC TRANSFERS

TRANSACTION LIMITATIONS

DURING ANY STATEMENT PERIOD, YOU MAY BRING YOUR ACCOUNT TO ZERO.  THERE IS NO MINIMUM BALANCE REQUIREMENT.  YOU MAY ALSO AUTOMATICALLY TRANSFER FUNDS FROM OTHER ACCOUNTS DESIGNATED BY YOU.  HOWEVER, IF YOU EXCEED THE TRANSFER LIMITATION OF FIVE PER STATEMENT PERIOD, YOUR ACCOUNT WILL BE SUBJECT OT A FEE OF $15.

IF YOU HAVE ANY QUESTIONS REGARDING  THIS DISCLOSURE, PLEASE CONTACT US AT (856) 224-2145 OR 3136.