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TRUTH-IN-SAVINGS DISCLOSUREDIVIDEND CHECKING ACCOUNT
PREFERRED DIVIDEND CHECKING ACCOUNT
NEWPOINT CHECKING ACCOUNT
Minimum balance requirements:
Daily balance computation method -
Accrual of dividends on noncash deposits -
Transaction limitations:
Eligibility -
Minimum balance requirements:
Transaction limitations:
Rate Information:
Compounding and crediting -
Dividend period -
Minimum balance requirements:
Daily balance computation method -
Accrual of dividends on noncash deposits -
Transaction limitations:
Rate Information:
Compounding and crediting -
Dividend period -
BASIC CHECKING ACCOUNT
STUDENT CHECKING ACCOUNT
UNLIMITED CHECKING ACCOUNT
PREFERRED UNLIMITED CHECKING ACCOUNT
ATM fee rebates:
Minimum balance requirements:
Transaction limitations:
ATM fee rebates:
Minimum balance requirements:
Transaction limitations:
Eligibility -
Minimum balance requirements:
Transaction limitations:
Minimum balance requirements:
Transaction limitations:
Fees and charges:
The minimum balance required to open this account is $100.
You must maintain a minimum average daily balance in this account of $75and an aggregate average combined daily balance of $10,000 in all savingmoney market and certificate accounts that you are the primary owner of
avoid a monthly service fee. If either, during any monthly statement cycle, yoaccount's average daily balance or the aggregate average combined dabalance is below the required minimum, your account will be subject to
monthly service fee for that monthly statement cycle (see separate F
Disclosure). The account's minimum average daily balance requirement of $75will be waived with monthly direct deposit of $500 or more. Your direct depos
can only be used to waive the average daily balance requirement of $750
this account. See the Common Features section for an explanation of thaverage daily and aggregate average combined daily balance computation
methods.Dividends are calculated by the da
balance method which applies a daily periodic rate to the balance in th
account each day.Dividends will begin to accrue o
the business day you deposit noncash items (for example, checks) to yo
account.
No transaction limitations apply to this account unless otherwise stated in th
Common Features section.
You may not have more than eight (8) NSF/UCF items within th
first year. Any overdrafts paid by KeyPoint Credit Union need to be clearefrom the account within 15 days. Failure to abide by any of these requirementcan result in your account being immediately closed without notice. An
remaining funds will be sent to you.
This product is not eligible for Shared Branching, VISA Debit Card, anCourtesy Pay Privilege.
The minimum balance required to open this account is $100.
No transaction limitations apply to this account unless otherwise stated in thCommon Features section.
A monthly service fee will be charged each monthly statement cycle (s
separate Fee Disclosure).
The dividend rate and annual percentage yield may change at any time, a
determined by the Credit Union's Board of Directors.
Dividends will be compounded every quarteDividends will be credited to your account every quarter.
For this account type, the dividend period is quarterly. F
example, the beginning date of the first dividend period of the calendar year January 1, and the ending date of such dividend period is March 31. All othdividend periods follow this same pattern of dates. The dividend declaratio
date is the last day of the dividend period, and for the example above
March 31.
The minimum balance required to open this account is $100.
You must maintain a minimum average daily balance of $750 in your accouto avoid a monthly service fee. If, during any monthly statement cycle, yo
average daily balance is below the required minimum, your account will bsubject to a monthly service fee for that monthly statement cycle (see separa
Fee Disclosure). See the Common Features section for an explanation of th
average daily balance computational method. This fee will be waived wimonthly direct deposit of $500 or more. Your direct deposit can only be use
to waive the monthly service fee on this checking account. This fee will al
be waived if in the calendar month the account meets all three of the followinconditions: 10 Visa Debit Card point-of-sale transactions (does not includ
ATM transactions); 2 bill payments through Online Banking; and signed up
receive electronic statements.Dividends are calculated by the da
balance method which applies a daily periodic rate to the balance in th
account each day.Dividends will begin to accrue o
the business day you deposit noncash items (for example, checks) to yo
account.
No transaction limitations apply to this account unless otherwise stated in thCommon Features section.
The dividend rate and annual percentage yield may change at any time, adetermined by the Credit Union's Board of Directors.
Dividends will be compounded every quarte
Dividends will be credited to your account every quarter.For this account type, the dividend period is quarterly. F
example, the beginning date of the first dividend period of the calendar year
January 1, and the ending date of such dividend period is March 31. All othdividend periods follow this same pattern of dates. The dividend declaratio
date is the last day of the dividend period, and for the example above
March 31.
Unlimited Checking provides ATM fee rebates with direct deposit. Other
financial institutions that are involved in your electronic access to your
KeyPoint Credit Union accounts (such as another institution whose ATM you
use) may impose fees for that access. These third-party ATM fees will appear
on your KeyPoint Credit Union periodic account statements. If you notify us
within 60 days of when we first send or make the statement available on
which a third party fee appears, we will rebate the fee. If you do not request
the reversal on time, we will not rebate the fee. International Service
Assessment fees cannot be rebated. Refer to the separate Fee Disclosure for
additional restrictions.
The minimum balance required to open this account is $100.
To avoid a monthly service fee and be eligible for ATM fee rebates, you must
maintain monthly direct deposit of $500 or more and maintain an aggregate
average combined daily balance of $10,000 in all savings, money market and
certificate accounts that you are the primary owner of during the month. See
the Common Features section for an explanation of the aggregate average
combined daily computational method. Your direct deposit can only be used to
earn ATM fee rebates on this checking account.
No transaction limitations apply to this account unless otherwise stated in the
Common Features section.
Preferred Unlimited Checking provides ATM fee rebates with direct deposit.
Other financial institutions that are involved in your electronic access to your
KeyPoint Credit Union accounts (such as another institution whose ATM you
use) may impose fees for that access. These third-party ATM fees will appear
on your KeyPoint Credit Union periodic account statements. If you notify us
within 60 days of when we first send or make the statement available on
which a third-party fee appears, we will rebate the fee. If you do not request
the reversal on time, we will not rebate the fee. International Service
Assessment fees cannot be rebated. Refer to the separate Fee Disclosure for
additional restrictions.
The minimum balance required to open this account is $100.
You must maintain a minimum average daily balance of $500 in your account
to avoid a monthly service fee. If, during any monthly statement cycle, your
average daily balance is below the required minimum, your account will be
subject to a monthly service fee for that monthly statement cycle (see separate
Fee Disclosure). See the Common Features section for an explanation of the
average daily balance computational method. This fee will be waived with
monthly direct deposit of $500 or more. Your direct deposit can only be used
to waive the monthly service fee on this checking account. This fee will also
be waived if in the calendar month the account meets all three of the following
conditions: 10 Visa Debit Card point-of-sale transactions (does not include
ATM transactions); 2 bill payments through Online Banking; and signed up to
receive electronic statements.
No transaction limitations apply to this account unless otherwise stated in the
Common Features section.
You must be at least 16 years old and no older than 26 years old to
open a Student Checking account. If you are 16 or 17 years old, a financially
responsible adult joint owner is required. At age 27, the Student Checking
account is automatically transferred to a Basic Checking account or similar
account offered at that time. This account is not eligible for Courtesy Pay
Privilege. This account does not earn dividends. Current student ID required.
You must be at least 18 years old to be eligible for a VISA Debit Card.
The minimum balance required to open this account is $25.
No transaction limitations apply to this account unless otherwise stated in the
Common Features section.
The minimum balance required to open this account is $100.
No transaction limitations apply to this account unless otherwise stated in the
Common Features section.
A monthly service fee will be charged each monthly statement cycle (see
separate Fee Disclosure). This fee will be waived with monthly direct deposit of
$500 or more. Your direct deposit can only be used to waive the monthly
service fee and earn ATM fee rebates on this checking account. This fee will
also be waived if in the calendar month the account meets all three of the
following conditions: 10 Visa Debit Card point-of-sale transactions (does not
include ATM transactions); 2 bill payments through Online Banking; and signed
up to receive electronic statements.
,
,
1993 Wolters Kluwer Financial Services - Bankers Systems Form TIS-BRO-CU 12/14/93 Custom 4r 3606093-010 MDF. ECATISBR*- (page 1 of
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1993 Wolters Kluwer Financial Services - Bankers Systems Form TIS-BRO-CU 12/14/93 Custom 4r 3606093-010 MDF. ECATISBR*
HEALTH SAVINGS ACCOUNT
IRA FLEX SAVINGS ACCOUNT
SMART SAVINGS ACCOUNT
KIDS ACCOUNT
MONEY MARKET ACCOUNTS
Minimum balance requirements:
Daily balance computation method -
Accrual of dividends on noncash deposits -
Transaction limitations:
Fees and charges:
Rate Information:
Compounding and crediting -
Dividend period -
Minimum balance requirements:
Daily balance computation method -
Accrual of dividends on noncash deposits -
Dividend period -
Minimum balance requirements:
Daily balance computation method -
Accrual of dividends on noncash deposits -
Transaction limitations:
Fees and charges:
Rate Information:
Compounding and crediting -
Dividend period -
Eligibility -
Rate Information:
Compounding and crediting -
Dividend period -
Minimum balance requirements:
Daily balance computation method -
Accrual of dividends on noncash deposits -
Transaction limitations:
Fees and charges:
Rate Information:
Compounding and crediting -
Rate Information:
Compounding and crediting -
Dividend period -
Minimum balance requirements:
Daily balance computation method -
Accrual of dividends on noncash deposits -
Transaction limitations:
Fees and charges:
The minimum balance required to open this account is $25.You must maintain a minimum average daily balance of $25 in your account avoid a monthly service fee. If, during any monthly statement cycle, yo
average daily balance is below the required minimum, your account will bsubject to a monthly service fee for that monthly statement cycle (see separaFee Disclosure). See the Common Features section for an explanation of th
average daily balance computational method.Dividends are calculated by the dabalance method which applies a daily periodic rate to the balance in th
account each day.
Dividends will begin to accrue othe business day you deposit noncash items (for example, checks) to yo
account.
No transaction limitations apply to this account unless otherwise stated in th
Common Features section.Consult your separate HSA disclosure for restrictions on withdrawals, ta
penalties and other important information.
An enrollment fee will be charged at account opening (see separate F
Disclosure).
The dividend rate and annual percentage yield may change at any time, a
determined by the Credit Union's Board of Directors.This is a tiered rate account. Please refer to the separate Rate Schedule fcurrent tiers and rates.
Dividends will be compounded every quarteDividends will be credited to your account every quarter.
For this account type, the dividend period is quarterly. F
example, the beginning date of the first dividend period of the calendar year
January 1, and the ending date of such dividend period is March 31. All othdividend periods follow this same pattern of dates. The dividend declaratio
date is the last day of the dividend period, and for the example above
March 31.
The minimum balance required to open this account is $100.Dividends are calculated by the da
balance method which applies a daily periodic rate to the balance in th
account each day.Dividends will begin to accrue o
the business day you deposit noncash items (for example, checks) to yo
account.
For this account type, the dividend period is quarterly. F
example, the beginning date of the first dividend period of the calendar year January 1, and the ending date of such dividend period is March 31. All oth
dividend periods follow this same pattern of dates. The dividend declaratio
date is the last day of the dividend period, and for the example above March 31.
The minimum balance required to open this account is $1,000.You must maintain a minimum average daily balance of $1,000 in your accounto avoid a monthly service fee. If, during any monthly statement cycle, yo
average daily balance is below the required minimum, your account will b
subject to a monthly service fee for that monthly statement cycle (see separaFee Disclosure). See the Common Features section for an explanation of th
average daily balance computational method.
Dividends are calculated by the dabalance method which applies a daily periodic rate to the balance in th
account each day.Dividends will begin to accrue o
the business day you deposit noncash items (for example, checks) to yo
account.
During any month, you may not make more than six withdrawals or transfers t
another Credit Union account of yours or to a third-party by means of preauthorized, automatic, or computer transfer, telephonic order or instructio
or by check, draft, or similar order to a third-party. If you exceed the transf
limitations set forth above, your account will be subject to transfer to non-interest bearing account or closure by the Credit Union.
An excess withdrawal fee will be charged for each debit transactio(withdrawal, draft or check paid, automatic transfer or payment out of thaccount) in excess of the above limitations (see separate Fee Disclosure).
The dividend rate and annual percentage yield may change at any time, adetermined by the Credit Union's Board of Directors.
This is a tiered rate account. Please refer to the separate Rate Schedule fcurrent tiers and rates.
Dividends will be compounded every quarteDividends will be credited to your account every quarter.
For this account type, the dividend period is quarterly. F
example, the beginning date of the first dividend period of the calendar year January 1, and the ending date of such dividend period is March 31. All oth
dividend periods follow this same pattern of dates. The dividend declaratio
date is the last day of the dividend period, and for the example above March 31.
This account is available to any child under the age of 18 with aSocial Security number. A financially responsible adult joint owner is required.
This account is not eligible for Courtesy Pay Privilege. At age 18, the Kids
Account is automatically transferred to a Smart Savings Account. Minors age
12 or older may be authorized an ATM card.
The dividend rate and annual percentage yield may change at any time, as
determined by the Credit Union's Board of Directors.This is a tiered rate account. Please refer to the separate Rate Schedule for
current tiers and rates.Dividends will be compounded every quarter.
Dividends will be credited to your account every quarter.
For this account type, 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 otherdividend periods follow this same pattern of dates. The dividend declaration
date is the last day of the dividend period, and for the example above is
March 31.
You must make a $25 initial deposit.
Dividends are calculated by the daily
balance method which applies a daily periodic rate to the balance in the
account each day.
Dividends will begin to accrue on
the business day you deposit noncash items (for example, checks) to youraccount.
During any month, you may not make more than six withdrawals or transfers to
another Credit Union account of yours or to a third-party by means of apreauthorized, automatic, or computer transfer, telephonic order or instruction,
or similar order to a third-party. If you exceed the transfer limitations set forth
above, your account will be subject to transfer to a non-interest bearing
account or closure by the Credit Union.
An excess withdrawal fee will be charged for each debit transaction(withdrawal, automatic transfer or payment out of this account) in excess of
the above limitations (see separate Fee Disclosure).
The dividend rate and annual percentage yield may change at any time, as
determined by the Credit Union's Board of Directors.
This is a tiered rate account. Please refer to the separate Rate Schedule for
current tiers and rates.
Dividends will be compounded every quarter.
Dividends will be credited to your account every quarter.
The dividend rate and annual percentage yield may change at any time, asdetermined by the Credit Union's Board of Directors.
This is a tiered rate account. Please refer to the separate Rate Schedule for
current tiers and rates.
Dividends will be compounded every quarter.
Dividends will be credited to your account every quarter.
For this account type, 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 is the last day of the dividend period, and for the example above isMarch 31.
The minimum balance required to open this account is $25.
You must maintain a minimum average daily balance of $25 in your account toavoid a monthly maintenance fee. If, during any month, your average daily
balance is below the required minimum, your account will be subject to a
monthly maintenance fee for that month (see separate Fee Disclosure). If the
end-of-quarter balance falls below $100 and this is the only account you have
with the Credit Union, your account will be subject to a single service fee for
that quarter (see separate Fee Disclosure). This fee will not apply if the primary
account holder is under 21 years of age. See the Common Features section foran explanation of the average daily balance computational method.
Dividends are calculated by the daily
balance method which applies a daily periodic rate to the balance in theaccount each day.
Dividends will begin to accrue on
the business day you deposit noncash items (for example, checks) to your
account.
During any month, you may not make more than six withdrawals or transfers to
another Credit Union account of yours or to a third-party by means of apreauthorized, automatic, or computer transfer, telephonic order or instruction,
or similar order to a third-party. If you exceed the transfer limitations set forth
above, your account will be subject to transfer to a non-interest bearingaccount or closure by the Credit Union.
An excess withdrawal fee will be charged for each debit transaction
(withdrawal, automatic transfer or payment out of this account) in excess of
the above limitations (see separate Fee Disclosure).
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These are the accounts you have opened or inquired about. Further deta
about these accounts are inside this brochure or provided in a separa
brochure.
YOUR ACCOUNT(S)
BASIC CHECKING ACCOUNT
STUDENT CHECKING ACCOUNT
UNLIMITED CHECKING ACCOUNT
PREFERRED UNLIMITED CHECKING ACCOUNT
DIVIDEND CHECKING ACCOUNT
PREFERRED DIVIDEND CHECKING ACCOUNT
NEWPOINT CHECKING ACCOUNT
SMART SAVINGS ACCOUNT
KIDS ACCOUNT
MONEY MARKET ACCOUNT
HEALTH SAVINGS ACCOUNT
IRA FLEX SAVINGS ACCOUNT
CERTIFICATE ACCOUNT/INDIVIDUAL RETIREMENT ACCOUNT (IRA)
COMMON FEATURES
Callable account -
Early withdrawal penalties
Withdrawal of dividends prior to maturity -
Automatically renewable account -
Transaction limitation - W
Nature of dividends -
Average Daily Balance Computational Methodology -
Aggregate Average Combined Daily Balance Computational Methodology -
National Credit Union Share Insurance Fund -
Overdraft Fee Transaction Categories -
Rate Schedule/Fee Disclosure -
Time requirements -
INDIVIDUAL RETIREMENT ACCOUNT (IRA)
Rate Information -
Compounding frequency -
Crediting frequency -
Dividend period -Minimum balance requirements:
Daily balance computation method -
Accrual of dividends on noncash deposits -
Transaction limitations:
CERTIFICATE ACCOUNT
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1993 Wolters Kluwer Financial Services - Bankers Systems Form TIS-BRO-CU 12/14/93 Custom 4r 3606093-010 MDF. ECATISBR*- (page 3 of
.
If your account has an original maturity of 12 months or less:The penalty we may impose will equal 90 days dividends on the amountwithdrawn subject to penalty.
If your account has an original maturity of more than 12 months:
The penalty we may impose will equal 180 days dividends on theamount withdrawn subject to penalty.
We may redeem this account, at our option, at any time.(a penalty may be imposed for withdrawals before
maturity) -
In certain circumstances such as the death or incompetence of an owner of
this account, the law permits, or in some cases requires, the waiver of theearly withdrawal penalty. Other exceptions may also apply, for example, if this
is part of an IRA or other tax-deferred savings plan.
The annual percentage yield isbased on an assumption that dividends will remain in the account until
maturity. A withdrawal will reduce earnings.This account will automatically renew at
maturity. You may prevent renewal if you withdraw the funds in the account atmaturity (or within the grace period mentioned below, if any) or we receivewritten 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, dividends will continue to accrueafter final maturity for up to nine calendar days. The dividend rate will be therate offered at maturity.
Each renewal term will be the same as the original term, beginning on thematurity date. The dividend rate will be the same we offer on new term shareaccounts 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 nine calendar days after maturity to withdrawthe funds without being charged an early withdrawal penalty.
e reserve the right to at any time require not less tha
seven days notice in writing before each withdrawal from an interest-bearin
account other than a time deposit, or from any other savings account adefined by Regulation D.
Dividends are paid from current income and availab
earnings, after required transfers to reserves at the end of a dividend perio(This disclosure further explains the dividend feature of your non-term sha
account(s).)The minimum averag
daily balance is calculated by adding the balance in the account for each day
the period and dividing that figure by the number of days in the period. Thperiod we use is the monthly statement cycle.
Th
aggregate average combined daily balance is calculated by adding the balancin the accounts for each day of the period and dividing that figure by thnumber of days in the period. The period we use is the monthly stateme
cycle.Member accounts in this Cred
Union are federally insured by the National Credit Union Share Insurance Fund.
The categories of transactions for whic
an overdraft fee may be imposed are those by any of the following meancheck, in-person withdrawal, ATM withdrawal, or other electronic means.
Please refer to our separate Rate Schedule f
current dividend rate and annual percentage yield information and to oseparate Fee Disclosure for additional information about charges.
Your account will mature
The dividend rate on your term share account is
be paid this rate until first maturity.
Dividends will be compounded every quarter unlessotherwise paid.
Dividends will be credited to your account at maturity andevery quarter. Alternatively, you may choose to have dividends paid to another
account every quarter rather than credited to this account.
For this account type, the dividend period is quarterly.
The minimum balance required to open this account is $1,000.You must maintain a minimum daily balance of $1,000 in your account eachday to obtain the disclosed annual percentage yield.
Dividends are calculated by the daily
balance method which applies a daily periodic rate to the balance in theaccount each day.
Dividends will begin to accrue on
the business day you deposit noncash items (for example, checks) to youraccount.
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.
Principal withdrawn before maturity is included in the amount subject to early
withdrawal penalty.You can only withdraw dividends credited in the term before maturity of that
term without penalty. You can withdraw dividends anytime during the term of
crediting after they are credited to your account.
%. You will% with an annual percentage yield of
}
}