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DISCLOSURES

*RATE INFORMATION. The Annual Percentage Yield (APY) 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 Hero Savings, Savings, High Yield Savings, IRA Share, Smart Apple/Future Investors and Club Accounts: The dividend rate and Annual Percentage Yield (APY) may change monthly as determined by Municipal Credit Union. For Money Market Accounts: The dividend rate and Annual Percentage Yield (APY) may change weekly as determined by Municipal Credit Union. There are no limitations on the amount the rate can change. You must provide and maintain minimum opening deposits and/or minimum daily balances in order to earn the APYs stated above, if so indicated.
**High Yield Savings Account: The minimum deposit to open the High Yield Savings Account is $100. To be eligible to earn dividends for the High Yield Savings account at the posted High Yield Savings APY, you must first deposit a total of $5,000 of New Money into the High Yield Savings account ("New Money Requirement"). "New Money" is defined as funds that are not on deposit in any MCU account. 
Funds currently on deposit in a MCU account may be transferred or deposited into the High Yield Savings Account, but those funds will not count towards the New Money Requirement. Until the New Money Requirement is met, dividends on the Average Daily Balance in the High Yield Savings Account will accrue at the same APY as the Hero Savings Account with the corresponding Minimum Balance to Earn the Stated APY for the Hero Savings Account. Once the New Money Requirement is met, there is no minimum balance required to earn the posted High Yield Savings APY and any High Yield Savings Account balance will earn dividends at the posted High Yield Savings APY. The dividend rate andAPY is subject to change is subject to change.
COMPOUNDING AND CREDITING. The frequency with which dividends will be compounded and credited and is set forth above. The “Month" begins on the first calendar day of the month and ends on the last calendar day of the month.
MINIMUM BALANCE REQUIREMENTS. The minimum balance requirements for each account are set forth above. Minimum balance requirements may include a minimum opening deposit, the minimum balance that you must maintain in the account to avoid service fees, and the minimum balance that you must maintain each day to earn the stated Annual Percentage Yield for that account. The Par value of a share in this credit union is disclosed on the Fee Schedule.
BALANCE COMPUTATION METHOD. We use the Average Daily Balance to calculate dividends on your account. The Average Daily Balance Method applies a periodic rate to the average daily
balance in the account for the period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period.
ACCRUAL OF DIVIDENDS ON NONCASH DEPOSITS. Dividends will begin to accrue on the business day that you deposit noncash items (e.g. checks) to your account. If you close your account before dividends are paid, you will not receive the accrued dividends.
TRANSACTION LIMITATION. For Fresh Start Accounts: This account requires that the minimum balance does not drop below $0.00 during the six (6) month probation period. The account comes with a free debit card and access to Digital Banking. After the six (6) month probation period, if there has not been any forms of fraud warnings and the account has not dropped below a balance of $0.00 more than three (3) times during the probation period, including at the six (6) month mark, the account will automatically convert into the Everyday Hero Account. Otherwise, the account will remain a Fresh Start Account for an additional six (6) month probation period. If the account still does not qualify for conversion to the Everyday Hero Account after the second probation period, the account will be subject to closure

+Source of average bank savings: FDIC National Rates and Rate Caps published on January 21, 2025. National average is subject to change without notice.