Savings & Certificates

RATES EFFECTIVE NOVEMBER 8, 2018

Share Certificate

Dividends are paid monthly

Account Type Term APR APY Min. Balance
Share Certificates 3 Months 0.80% 0.80% $1,000
6 Months 1.40% 1.41% $1,000
1 Year 1.95% 1.97% $500
18 Months 2.10% 2.12% $500
2 Years 2.75% 2.78% $500
3 Years 2.45% 2.48% $500
4 Years 2.60% 2.63% $500
5 Years 2.80% 2.84% $500

Individual Retirement Account Certificate (IRA)

Dividends are paid monthly

Account Type Term APR APY Min. Balance
IRA  Certificates 3 Months 0.80% 0.80% $1,000
6 Months 1.40% 1.41% $1,000
1 Year 1.95% 1.97% $500
18 Months 2.10% 2.12% $500
2 Years 2.75% 2.78% $500
3 Years 2.45% 2.48% $500
4 Years 2.60% 2.63% $500
5 Years 2.80% 2.84% $500

Education Savings Account Certificate (ESA)

Dividends are paid monthly

Account Type Term APR APY Min. Balance
ESA Certificates 3 Months 0.80% 0.80% $1,000
6 Months 1.40% 1.41% $1,000
1 Year 1.95% 1.97% $500
18 Months 2.10% 2.12% $500
2 Years 2.75% 2.78% $500
3 Years 2.45% 2.48% $500
4 Years 2.60% 2.63% $500
5 Years 2.80% 2.84% $500

Premium Savings

Dividends are paid monthly

Account Type APR APY Min. Balance
Premium Savings 0.55% 0.55% $2,000.00-$10,000.00
0.70% 0.70% $10,000.01-$50,000.00
0.85% 0.85% $50,000.01-$100,000.00
1.00% 1.00% $100,000.01 & Over

IRA & ESA Club Account

Dividends are paid quarterly

Account Type APR APY Min. Balance
IRA & ESA Club Account 0.35% 0.35% $100

Share Accounts & Club Accounts

Dividends are paid quarterly

Account Type APR APY Min. Balance
Share Account 0.20% 0.20% $0-$100.00
0.20% 0.20% $100.01-$500.00
0.20% 0.20% $500.01 & Over

Draft & Health Savings Account (HSA)

Dividends are paid quarterly

Account Type APR APY Min. Balance
Draft & HSA Account 0.00% 0.00% $0.00-$2,500.00
0.10% 0.10% $2,500.01 & Over

The rates and yields appearing in this Rate and Fee Schedule are accurate for accounts as of the effective date indicated on the bottom of this page. If you have any question or require current rate information on your accounts, please call The County Federal Credit Union. Rate and Fees are subject to change. Not responsible for typographical errors.

TRUTH-IN-SAVINGS ACCOUNT DISCLOSURE
Except as specifically described, the following disclosures apply to all of the above accounts.

•Rate Information. The Dividend Rate and Annual Percentage Yield on your accounts as of the last Dividend Declaration Date, are set forth above. 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 a 365 day period. The Dividend Rate and Annual Percentage Yield may change quarterly as determined by the Credit Union’s Board of Directors, except for Premium Savings Accounts which may change monthly. On Share Certificates and Share Certificate IRA’s the Annual Percentage Yield is based on an assumption the dividends will remain on deposit until maturity. A withdrawal will reduce earnings.

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

•Compounding and Crediting. Dividends will be compounded and credited as set forth in the Rate and Fee Schedule. The Dividend Period begins on the first calendar day of each quarter and ends on the last calendar day of each quarter.

•Accrual of Dividends. Dividends will begin to accrue on cash deposits on the business day you make the deposit to your account. Dividends will begin to accrue on non cash 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 is set forth in the Rate and Fee Schedule. Minimum balances are calculated using the Average DailyBalance method. Dividends are also calculated using the Average Daily Balance method. The Average Daily Balance method 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 that dividend period.

•Account Limitations. Limitations for each account are set forth in the Rate and Fee Schedule. For a Share Savings Account or Money Market Account in which transfer limitations apply, no more than six (6) preauthorized, automatic, telephone transfers or transfer made by check, draft, or debit card may be made from these accounts to another account of your or to a third party in any month. If you exceed these limitations, your account may be subject to a fee or be closed. On Share Certificates and Share Certificate IRA’s after your account is opened, you may make withdrawals of dividends only without penalty.

•Maturity. On Share Certificates and Share Certificate IRA’s your account will mature within the term set forth above or the maturity date set forth on your Certificate or Maturity Notice. The Credit Union will give the owner at least 30 days notice prior to maturity.

•Compliant Resolution Procedure. If you have a dispute with your credit union regarding your account(s), you may contact your credit union’s complaint representative or department and attempt to resolve the problem directly with your credit union. If your credit union fails to resolve the problem, write a letter detailing the problem and the resolution you are seeking to:

Maine Bureau of Financial Institutions Consumer Outreach Program
State House Station 36
Augusta, ME 04333

To file a complaint electronically, you may contact the Maine Bureau of Financial Institutions at the following Internet address: http://www.maine.gov/pfr/financialinstituions/complaint.htm The Maine Bureau of Financial Institutions will acknowledge receipt of your complaint promptly and investigate your claim or refer it to the appropriate federal supervisory agency and inform you to whom it has been referred. You will be informed of the results of any Maine Bureau of Financial Institutions investigation.