Central Willamette Community Credit Union :: Rates

TRUTH-IN-SAVINGS DISCLOSURES

Consumer Checking Accounts

Rewards Checking Accounts:

*20.00 maximum of your Nationwide ATM fee refunds if requirements are met each cycle that were charged to the Rewards Account. ATM fee reimbursement will be credited to your account on the last day of your statement cycle.**1.00% Annual Percentage Yield (APY) paid on balances up to $15,000 and .25% APY paid on all amounts above $15,000 each cycle the minimum requirements are met. The APY range assumes a minimum balance of $25,000.01 and a maximum balance of $50,000.00. If at anytime the account is closed during the cycle period, the Requirements Not Met .05% APY will apply. If you do not meet the requirements during a given cycle, you will earn the Dividend Rate of 0.05%. APY Rates as of 3/1/13. We may change the Dividend Rate and APY at any time after the account is opened. No minimum balance required. Available to personal accounts only. No monthly service charge. If you do not meet the requirements per cycle, your account will still function as a free checking account earning the Dividend Rate, however it will not receive ATM Refunds for that time period. Note: a $2.00 monthly account statement fee will be charged if you do not receive Electronic Statements (eStatements) and you will not qualify for the ATM Refunds and your APY will be 0.05%. Please contact us for further information regarding terms and conditions.

Except as specifically described, the following disclosures apply to all of the accounts:

Rate Information. The Interest Rate and Annual Percentage Yield on your accounts as set forth on the Rate Schedule for Checking Accounts. The Interest Rate and Annual Percentage Yield may change periodically as set forth on the Rate Schedule for Checking Accounts, for each account, as determined by the Board of Directors. The Interest Rate and Annual Percentage Yields applicable to each account depends on the balance ranges as set forth on the Rate and Fee Schedule for Checking Accounts. Once a balance range is met, the highest Interest Rate and Annual Percentage Yield for that range will apply to the entire balance of your account.
Compounding and Crediting Interest will be compounded and credited as set forth on the Rate and Fee Schedule for Checking Accounts.
Accrual of Interest. Interest begins to accrue on cash deposits on the business day you make the deposit to your account. Interest will begin to accrue on noncash deposits (e.g. checks) on the business day you make the deposit to your account.
Balance Information. The minimum balance required to open each account as set forth on the Rate Schedule for Checking Accounts. For all savings, the minimum balance required to obtain the stated Annual Percentage Yield as set forth on the Rate Schedule for Checking Accounts. If the minimum daily balance is not met, you will not earn the stated Annual Percentage Yield. For all accounts, interest is calculated by the daily balance method which applies a daily periodic rate to the principal in the account each day.
Account Limitations. The account limitations for each account are set forth on the Rate and Fee Schedule for Checking Accounts.

The rates appearing in this Schedule are accurate and effective for Checking Accounts as of the Effective Date indicated on the Rate and Fee Schedule for Checking Accounts. If you have any questions or require current rate information on your accounts, please call the Credit Union at 541-928-4536 or at 1-800-950-4536.

FEDERALLY INSURED BY NCUA

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