Dividend Rates

Member savings federally insured up to $250,000
by the National Credit Union Administration,
A United States Government Agency.

Dividend Rates on Deposit Accounts

The following dividend rates and disclosure information are for our checking and savings accounts.

Rates may change after an account is opened. See below for complete fee and disclosure information associated with these accounts. You may receive a written Rate and Fee Schedule upon request.

Share Draft (Checking) Accounts

Annual Percentage Yield
Dividends Compounded
Dividends Credited
Dividend Period
Minimum Opening Deposit
Minimum Balance to Avoid Service Charge
Minimum Balance to earn the stated APY
Balance Method

N/A
N/A
N/A
N/A
N/A
N/A
N?A
N/A

Share Savings Accounts

Annual Percentage Yield

Dividends Compounded

Dividends Credited

Dividend Period

Minimum Opening Deposit

Minimum Balance to Avoid Service Charge

Minimum Balance to earn the Stated APY

Balance Method

.50% APY

Quarterly

Calendar Quarter

$25.00

N/A

$100.00

Average Daily Balance

Christmas Share Accounts

Annual Percentage Yield

Dividends Compounded

Dividends Credited

Dividend Period

Minimum Opening Deposit

Minimum Balance to Avoid Service Charge

Minimum Balance to earn the Stated APY

Balance Method

.50% APY

Quarterly

Calendar Quarter

$5.00

N/A

$100.00

Average Daily Balance

Special Share Accounts

Annual Percentage Yield

Dividends Compounded

Dividends Credited

Dividend Period

Minimum Opening Deposit

Minimum Balance to Avoid Service Charge

Minimum Balance to earn the Stated APY

Balance Method

.50% APY

Quarterly

Calendar Quarter

N/A

$100.00

Average Daily Balance

Certificate of Deposit

Term	Minimum Deposit	Rate	APY
6 month	$1,000.00	0.75%	0.75%
12 month	$2,500.00	1.00%	1.00%

FEE SCHEDULE

Service Fees

	NSF Fee ................................. $20.00 per item
	Share Draft Stop Payment Fee �. $10.00/request
	Wire Transfer Fee (Outgoing) �... $20.00/Transfer
	Money Order ………………….......…... $0.75/Check
	Travelers Check ....................... $1.00/$100
	Account Reconciliation ……...…….. $10.00/Hour
	Return Check Charge..................$10.00 per item

TRUTH-IN-SAVINGS ACCOUNT DISCLOSURES

Account Terms

The dividend rate and APY may change every dividend period as determined by the credit union board of directors.

Compounding and crediting. Dividends will be compounded quarterly and will be credited quarterly. For these account types, the dividend period is quarterly, 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 March 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 April 1. If you close your account before dividends are credited, you will receive accrued dividends.
Balance computation method. Dividends are calculated by the average daily balance method, which applies a periodic rate to the average daily balance in your account for the period. 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.
Accrual of dividends. Dividends will begin to accrue on the business day you deposit noncash items. (e.g., checks) to your account.
Nature of dividends. Dividends are paid from current income and available earnings after required transfers to reserves at the end of a dividend period.

Share Draft Account only.
Transaction limitations. You may not make more than six overdrafts. If you exceed this the credit union has the right to close your account.
Your Ability to Withdraw Funds
Our policy is to make funds from your deposits available to you on the first business day after the day 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.
For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. If you make a deposit on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit after the above mentioned day or on a day we are not open, we will consider that the deposit was made on the next business day we are open.
Please remember that even after we have made funds available to you, and you have withdrawn funds, you are still responsible for checks you deposit that are returned to us unpaid and for any other problems involving your deposit.
If you have any questions, be sure and ask us.
Longer Delays May Apply
In some cases, we will not make all of the funds that you deposit by check available to you on the first business day after the day of your deposit. Depending on the type of check that you deposit, funds may not be available until the fifth business day after the day of your deposit. However, the first $100 of your deposits will be available on the first business day.
If we are not going to make all of the funds from your deposit available on the first 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 communications or computer equipment.

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.

We do business in accordance with the Federal Housing Law and the Equal Credit Opportunity Act.

Copyright � 2004 - Pennsylvania Credit Union Association

[ Home ] [ About Us ] [ Share Accounts ] [ Checking Accounts ] [ Online Banking ] [ Credit Card Info ] [ Loan Rates ] [ Services ] [ Dividend Rates ] [ Newsletter ] [ Privacy Policy ]