Effective December 10, 2009

The following fees may be assessed against your account and the following transaction limitations, if any, applied to your account.

IV TRUTH IN SAVINGS

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 Share Savings, Christmas Club, and Money Market Savings and Cliff Kids Club Savings accounts, the dividend rate and annual percentage yield may change monthly as determined by the Credit Union's Board of Directors. The dividend rates and annual percentage yields are the prospective rates and yields that the Credit Union anticipates paying for the applicable dividend period. The Share Savings, Christmas Club, Legacy Fund, Cliff Kids Club Savings and Money Market Savings accounts are tiered rate accounts. On the Share Savings, Christmas Club, Legacy Fund and Cliff Kids Club if your average daily balance is from $100.00 to $10,000.00, the first dividend rate and annual percentage yield listed for this account in the Rate Schedule will apply. If your average daily balance is from $10,000.01 or greater, the second dividend rate and annual percentage yield listed for this account will apply. On the Money Market Savings, If your average daily balance is from $2000 to $25,000, the first dividend rate and annual percentage yield is listed in the Rate Schedule will apply.  If your average daily balance is from $25,000.01 or greater, the second dividend rate and annual percentage yield listed for this account will apply. Once a particular 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 frequency of dividends and dividend period applicable to each account are stated 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 all accounts, dividends will begin to accrue on noncash deposits (e.g. checks) on the business day you make the deposit to your account. If you close your account before accrued dividends are credited, you will not receive the accrued dividends. However, for Christmas Club accounts, any accrued dividends will be paid if you close the account within seven (7) days of the date you open it.
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 a Share Savings 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 stated in the Rate Schedule. For all accounts, there is a minimum average daily balance required to earn the annual percentage yield disclosed for the dividend period. If the minimum average daily balance is not met, you will not earn the annual percentage yield stated in the Rate Schedule. For accounts using the average daily balance method as stated on the Rate Schedule, dividends are calculated by applying a periodic rate to the average daily balance in the account for the dividend 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.
6. ACCOUNT LIMITATIONS - For Share Savings, Cliff Kids Club Savings and Money Market Savings accounts, you may not make any more than three (3) withdrawals per calendar month. For any withdrawal in excess of three (3) per month from your Share Savings, Cliff Kids Club Savings and/or Money Market Savings accounts, you will be charged a fee as disclosed in the Fee Schedule. For Christmas Club accounts, you may not make withdrawals from your account from February 1st to October 31st. If you wish to access the funds in your account you will be charged a withdrawal fee. For Legacy Fund account, you may not make any more than one (1) withdrawal per calendar month. For any withdrawal in excess of one (1) per month from your Legacy Fund account, you will be charged a fee as disclosed in the Fee Schedule. For Money Market Savings accounts, the Credit Union reserves the right to require at least seven (7) days written notice, prior to withdrawal or transfer of any funds. For Share Draft accounts, no account limitations apply.
7. FEES FOR OVERDRAWING ACCOUNTS - Fees may be imposed on each item, preauthorized automatic debit, telephone initiated withdrawal or any other electronic withdrawal or transfer transaction that is drawn on an insufficient available account balance. The entire balance in your account may not be available for withdrawal, transfer or paying an item. You may consult the Funds Availability Policy Disclosure for information regarding the availability of funds in your account. Fees for overdrawing your account may be imposed for each overdraft, regardless of whether we pay or return the item or transaction. Please refer to the Fee Schedule for current fee information.