CMECU Truth N Savings

The rates, fees and terms applicable to your account at the Credit Union are provided in this Truth-In-Savings Disclosure.

Account Type	Dividends
	Dividend Rate/ Annual Percentage Yield (APY)	Dividends Compounded	Dividends Credited	Divdend Period
Savings Account	/	Quarterly	Quarterly	Quarterly Calendar
Second Secured Share Savings Account	/	Quarterly	Quarterly	Quarterly Calendar
Holiday Club Account	/	Annually	Annually	Annual (Nov. 1 – Oct. 31)
Financial Health Club Account	/	Quarterly	Quarterly	Quarterly Calendar
Individual Retirement Account Roth IRA Account	/	Quarterly	Quarterly	Quarterly Calendar
Education IRA Account	/	Quarterly	Quarterly	Quarterly Calendar
Credit Card Checking Account	/	—	—	—
ATM Checkless Checking Account	/	—	—	—
Basic Checking Account	/	—	—	—
Universal Checking Account (with Overdraft Protection)	/	—	—	—

Account Type	Balance Requirements
	Minumum Opening Deposit	Minimum Balance to Avoid Service Fee	Minimum Balance to Earn the Stated APY	Balance Method
Savings Account	$25.00	—	$25.00	Average Daily Balance
Second Secured Share Savings Account	$25.00	—	$25.00	Average Daily Balance
Holiday Club Account	—	—	—	Average Daily Balance
Financial Health Club Account	—	—	—	Average Daily Balance
Individual Retirement Account Roth IRA Account	$500.00	—	$500.00	Average Daily Balance
Education IRA Account	—	—	$25.00	Average Daily Balance
Credit Card Checking Account	—	—	—	—
ATM Checkless Checking Account	—	—	—	—
Basic Checking Account	$100.00	—	—	—
Universal Checking Account (with Overdraft Protection)	—	—	—	—

Account Type	Account Limitations
	See Section 6
Savings Account	Account Transfer and witdrawl limitations apply
Second Secured Share Savings Account	Account Transfer and witdrawl limitations apply
Holiday Club Account	Account Transfer and witdrawl limitations apply
Financial Health Club Account	Account Transfer and witdrawl limitations apply
Individual Retirement Account Roth IRA Account	Account Transfer and witdrawl limitations apply
Education IRA Account	—
Credit Card Checking Account	—
ATM Checkless Checking Account	—
Basic Checking Account	—
Universal Checking Account (with Overdraft Protection)	—

Except as specifically described, the following disclosures apply to all of the accounts. All accounts described in this Truth-In-Savings Disclosure are share accounts.

1. Rate Information. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. For Savings, Second Secured Share Savings, Individual Retirement, Educational IRA and Roth IRA accounts, the Dividend Rate and Annual Percentage Yield may change quarterly as determined by the Credit Union’s Board of Directors. For Holiday Club and Financial Health Club accounts, the Dividend Rate and Annual Percentage Yield may change annually as determined by the Credit Union’s Board of Directors. The Dividend Rates and Annual Percentage Yields are the rates and yields as of the last dividend declaration date which is set forth in the Rate Schedule. The Savings, Second Secured Share Savings, Individual Retirement and Roth IRA accounts are Tiered Rate accounts. If your account balance is $9,999.99 or below, the first Dividend Rate and Annual Percentage Yield listed for this account in the Rate Schedule will apply. If your account balance is greater than $9,999.99, the second Dividend Rate and Annual Percentage Yield listed for this account will apply. Once a particular balance range is met, the Dividend Rate and Annual Percentage Yield for that balance range will apply to the full balance of your account.

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

3. Dividend Compounding and Crediting. The compounding and crediting of dividends and dividend period applicable to each account are set forth in the Rate Schedule. The Dividend Period is the period of time at the end of which an account earns dividend credit. The Dividend Period begins on the first calendar day of the period and ends on the last calendar day of the period.

4. Accrual of Dividends. For Savings, Second Secured Share Savings, Holiday Club, Financial Health Club, Individual Retirement, Educational IRA and Roth IRA accounts, dividends will begin to accrue on noncash deposits (e.g. checks) on the business day you make the deposit to your account. For Savings, Second Secured Share Savings, Holiday Club, Individual Retirement, Educational IRA and Roth IRA accounts, if you close your account before accrued dividends are credited, accrued dividends will not be paid.

5. Balance Information. To open any account, you must deposit or already have on deposit at least the par value of one full share in any account. The par value amount is stated in the Fee Schedule. Some accounts may have additional minimum opening deposit requirements. The minimum balance requirements applicable to each account are set forth in the Rate Schedule. For Savings, Second Secured Share Savings, Holiday Club, Financial Health Club, Individual Retirement and Roth IRA accounts, there is a minimum average daily balance required to obtain the Annual Percentage Yield for the dividend period. If the minimum average daily balance is not met, you will not earn the stated Annual Percentage Yield. For Savings, Second Secured Share Savings, Holiday Club, Individual Retirement, Educational IRA and Roth IRA accounts using an Average Daily Balance method, dividends are calculated by applying a periodic rate to the average daily balance in the account for the period. The average daily balance is determined by adding the full amount of principal in the account for each day of the period and dividing that figure by the number of days in the period.

6. Account Limitations. For Savings accounts, no more than six (6) preauthorized, 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. For Holiday Club and Financial Health Club accounts, the entire balance will be paid to you by check or transferred to another account of yours on or after November 1 and the account will remain open. For Second Secured Share Savings, Individual Retirement and Roth IRA accounts, you may not make any transfers or withdrawals to another credit union or account of yours or to a third party by means of a preauthorized or automatic transfer, telephone order or instruction or similar order to a third party. For Educational IRA, Credit Card Checking, ATM Checkless Checking, Basic Checking and Universal Checking accounts, no account limitations apply.

Savings Account Fees

Savings Account Excessive Withdrawl Fee	$6.00 per occurance, if more than six (6) widthdrawls per year.
Savings Account/Holiday Account/IRA Account Copy of Statement Fee	$2.00 per copy

Checking Account Fees

Overdraft fee	$5.00 per item
NSF fee	$39.00 per item
Returned Item fee	$39.00 per item
Courtesy Pay	$39.00 per transaction
Stop Payment fee	$25.00 per request
Check Printing fee	Prices vary depending on style
Copy of Statement fee	$2.00 per copy
Copy of Cancelled Check fee	$5.00 per check

Other Service Fees (applicable to all accounts)

Account Reconciliation fee	$35.00 per hour
Account Research fee	$35.00 per hour
Statement Copy fee	$2.00 per copy
Deposited Item Return fee	$35.00 per item
Items Sent for Collection fee	$20.00 per item
Money Order fee	$1.00 per money order
Legal Process fee	$75.00
Stop Payment Removed	$15.00
Immigration Letter/Account Verification fee	$10.00
Collection Delinquent fee	$35.00 per occurance
Plastic Card Replacement fee	$10.00
Cash Advance fee	3% if advance or $25.00, whichever is less ($2.00 minimum)
Back-up Withholding for IRS	$5.00 per quarter
Home Equity Loan App. fee	$400.00
Home Equity Cancellation fee	$250.00
Title Transfer fee	$65.00
Plastic Card Late fee	$65.00
Credit Card Late fee	$29.00
Exeeding Credit Card Limit	$29.00
Check By Phone fee	$10.00 per check
VISA Classic Annual fee	$15.00 per year
MasterCard Annual fee	$15.00 per year
Negative Balance fee	$9.00 per day after seven (7) days of negative balance
Dormant Account fee	$5.00 per month after inactive for a year
Loan Advance fee	$20.00 for every advance less than $500.00

Electronic Funds Transfer Fees

Credit Union ATM Withdrawl/Transfer fee	$.95
Nonproprietary ATM Withdrawl/Transfer fee	$.95
Debit Card Transaction fee	$.95
ATM fee	$.95 per occurance
POS fee	$.95 per transaction
Debit fee	$.95 per transaction
PIN Reorder Fee	$5.00 per pin
ACH Origination Credit	$8.00 per transaction
Non-member Check Cashing	1/2% of check amount
Non-member Usage of Credit Union ATM Machine	$2.00

Share Value/Membership Fees

Par value of one share	$25.00
Membership Fee	$10.00

The rates and fees appearing in this Schedule are accurate and effective for accounts as of the Last Dividend Declaration Date indicated on this Truth-In-Savings Disclosure. If you have any questions or require current rate and fee information on your accounts, please call the Credit Union.

Savings and Checking Rate Disclosure