• Rate Information: The Dividend Rate and Annual Percentage Yield (APY) for these types of accounts are reflected on the Deposit Rates Chart. Rates may change at our discretion and without notice.
  
• Balance Computation Method:  Dividends are calculated by the average daily balance method, which applies a periodic rate to the average daily balance in the account for that period  The average daily balance is calculated by adding the balance in the account for each day of the period and dividing the figure by the number of days in the period. The period weuse is the calendar month.
  
• Nature of Dividends: Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period. The Dividend Rate and APY are the prospective rates and yields that PrimeSource Credit Union anticipates paying for the applicable dividend period.
  
• Compounding and Crediting: Dividends will be compounded and credited monthly.
  
• Account Closure: If the account is closed prior to accrued dividends being credited for the month, you will forfeit those dividends.
  
• Accrual of Dividends: Dividends will begin to accrue on both cash and non-cash deposits (e.g. checks) the day of your deposit.
  
• Minimum Balance to Open and Earn Stated APY:  See Deposit Rate Chart.
  
• Account Limitations. Transaction limitations for these types of accounts are as follows: No more than six (6) pre-authorized, automatic, or telephone transfers may be made from these accounts to another account of yours or to a third party in any month, and no more than three (3) of these six (6) transfers may be made by check, draft, or debit card to a third party. If you exceed these limitations, your account may be subject to a fee or be closed.

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• Rate Information: The Dividend Rate and Annual Percentage Yield (APY) for these types of accounts are reflected on Deposit Rates Chart. Rates may change at our discretion and without notice.
  
  The initial rate and APY for your Certificate Account is stated on the account receipt provided to you at account opening.  For terms of 12, 18, 24, and 30 month you will be paid that rate for the term of your certificate, unless your exercise the bump-up option.
  
  The bump-up option gives you the right, should our rates increase, to "bump" your certificate rate to the new, higher certificate rate corresponding for the remainder of the original term of your certificate.  You may exercise your bump-up option once at any time during the term of your certificate.  Should you choose to do so, your rate and annual percentage yield will change.
  
  Rates will only be bumped at the written or oral request of the member.  Doing so does not affect the term or maturity of your certificate.  There is no penalty for exercising the bump-up option.  It is your responsibility to contact the credit union for current rate information.
  
• Balance Computation Method: Dividends are calculated by the average daily balance method, which applies a periodic rate to the average daily balance in the account for that period.  The average daily balance is calculated by adding the balance in the account for each day of the period and dividing the figure by the number of days in the period. The period we use is the calendar month.
  
• Nature of Dividends: Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period. The Dividend Rate and APY are the prospective rates and yields that PrimeSource Credit Union anticipates paying for the applicable dividend period.
  
• Compounding and Crediting: For these types of accounts, dividends will be compounded and credited monthly.
  
• Account Closure: If the account is closed prior to accrued dividends being credited for the month, you will forfeit those dividends.
  
• Accrual of Dividends: Dividends will begin to accrue on both cash and non-cash deposits (e.g. checks) the day of your deposit.
  
• Minimum Balance to Open and Earn stated APY:  See Deposit Rate Chart.
  
• Account Limitations: You may not add to a certificate account once it is opened. However, certificates with a term of 12, 18, 24 and 30 month offer a bump option and an opportunity to make additions to the certificate at that time.  You may only make additions after maturity and during the grace period.  You may not make withdrawals of principal from this account. You may only withdraw dividends, if you have elected to have dividends automatically transferred to a disbursement account each month in lieu of compounding.
  
• Penalty for Early Withdrawal:For terms of one year or less; the penalty we may impose will be equal to 90 days of dividends on the amount withdrawn, whether earned or not.  For terms over one year; the penalty we may impose will be equal to 180 days of dividends on the amount with drawn, whether earned or not.  We may opt to waive a penalty in circumstances such as death or legal incompetence of the owner of the account.  If a bump option was activated during the term of your certificate, the penalty imposed will be calculated at the higher rate to which you had the account bumped.
  
• Renewal Policy: This account will automatically renew at maturity; however, if you prevent renewal, the accrued dividends will not be credited. Upon renewal, the rate will be whatever the current rate is for the original term.  The other features of the account will remain the same.  You will be allowed to withdraw funds during the grace period (10 calendar days after maturity) without being assessed an early withdrawal penalty. 

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