The Credit Union may offer other rates for these accounts from time to time. The rates and fees appearing in this Schedule are accurate as of DATE. Sun Federal Credit Union reserves the right to waive any fee at its discretion when extenuating circumstances exist. If you have any questions or require current rate and fee information on your accounts, please call the Credit Union. 

RATE SCHEDULE
ACCOUNT TYPE DIVIDENDS
Rate = Dividend Rate; APY= Annual Pecentage Yield
BALANCE REQUIREMENT ACCOUNT LIMITATIONS
  Rate/APY MVP-Only
Rate/APY
Dividends
Compounded
Dividends
Credited
Dividend
Period
Minimum
Opening Deposit
(Jumbo is $75,000)
Minimum
Balance to Earn
Stated APY
Balance Method See Section 6
Primary Savings      Monthly  Monthly Monthly
(Calendar)
$5.00 ------  Average Daily Balance  Account transfer limitations apply
Holiday/Vacation Club       Monthly  Monthly Monthly
(Calendar)
------ ------  Average Daily Balance  Account transfer limitations apply
Amplify
Money Market
  Tier 1
     Daily  Monthly  Monthly
(Calendar)
$1,000  $1,000 Daily Balance Account transfer limitations apply 
Amplify
Money Market 
  Tier 2
     Daily  Monthly  Monthly
(Calendar)
$1,000  $25,000  Daily Balance Account transfer limitations apply 
Amplify
Money Market
  Tier 3
     Daily  Monthly Monthly
(Calendar)
$1,000  $50,000 Daily Balance Account transfer limitations apply 
Amplify
Money Market
  Tier 4
     Daily  Monthly Monthly
(Calendar)
$1,000  $75,000  Daily Balance Account transfer limitations apply 
Empower
Money Market
  Tier 1
     Daily  Monthly Monthly
(Calendar)
$1,000  $1,000  Daily Balance Account transfer limitations apply 
Empower
Money Market 
  Tier 2
     Daily  Monthly Monthly
(Calendar)
$1,000  $75,000  Daily Balance Account transfer limitations apply 
Empower
Money Market
  Tier 3
     Daily  Monthly Monthly
(Calendar)
$1,000  $100,000  Daily Balance Account transfer limitations apply 
Empower
Money Market
  Tier 4
     Daily  Monthly Monthly
(Calendar)
$1,000  $150,000  Daily Balance Account transfer limitations apply 
Empower
Money Market
  Tier 5
     Daily  Monthly Monthly
(Calendar)
$1,000  $200,000  Daily Balance Account transfer limitations apply 
IRA Savings       Monthly  Monthly Monthly
(Calendar)
$5.00  $5.00  Average Daily Balance Follow IRS Limitations 
Health Savings
  Tier 1 
     Monthly  Monthly Monthly
(Calendar)
------  $0 Daily Balance   Follow IRS Limitations
Health Savings
  Tier 2
     Monthly  Monthly Monthly
(Calendar)
------ $5,000  Daily Balance   Follow IRS Limitations
Health Savings
  Tier 3
     Monthly  Monthly Monthly
(Calendar)
------ $10,000 Daily Balance   Follow IRS Limitations
Regular Checking   NA ------ ------ ------ ------ ------ ------ ------   ------
Fresh Start Checking   NA ------ ------ ------ ------ ------ ------ ------   ------
Account Disclosure

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, Holiday Club, Vacation Club, Money Market & Health Savings accounts, the Dividend Rate and Annual Percentage Yield may change at any time as determined by the Credit Unions 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 Amplify Money Market account is a Tiered Rate account. If your Average Daily Balance is from $1,000 to $24,999.99, 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 $25,000 to $49,999.99, the second Dividend Rate and Annual Percentage Yield listed for this account will apply. If your Average Daily Balance is from $50,000 to $74,999.99, the third Dividend Rate and Annual Percentage Yield listed for this account will apply. If your Average Daily Balance is $75,000 or more, the fourth Dividend Rate and Annual Percentage Yield listed for this account will apply. Once a particular range is met, the Dividend Rate & Annual Percentage Yield for that balance range will apply to the full balance of your account. The Empower Money Market account is a Tiered Rate account. If your Average Daily Balance is from $1,000 to $74,999.99, 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 $75,000 to $99,999.99, the second Dividend Rate and Annual Percentage Yield listed for this account will apply. If your Average Daily Balance is from $100,000 to $149,999.99, the third Dividend Rate and Annual Percentage Yield listed for this account will apply. If your Average Daily Balance is from $150,000 to $199,999.99, the fourth Dividend Rate and Annual Percentage Yield listed for this account will apply. If your Average Daily Balance is $200,000.00 or more, the fifth Dividend Rate and Annual Percentage Yield listed for this account will apply. Once a particular range is met, the Dividend Rate & Annual Percentage Yield for that balance range will apply to the full balance of your account. The Health Savings Account is a Tiered Rate account. If your Daily Balance is $4999.99 or below, the first Dividend Rate & Annual Percentage Yield listed for this account in the Rate Schedule will apply. If your Daily Balance is from $5,000.00 to $9,999.99 the second Dividend Rate & Annual Percentage Yield listed for this account will apply. If your Daily Balance is $10,000.00 or greater, the third Dividend Rate & Annual Percentage Yield listed for this account will apply. Once a particular range is met, the Dividend Rate & 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. 
  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 $5. Some accounts may have additional minimum opening deposit requirements. The minimum balance requirements applicable to each account are stated in the Rate Schedule. For Share Savings 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 Money Market & Health Savings accounts, there is a minimum Daily Balance required to earn the Annual Percentage Yield disclosed for the dividend period. If the minimum daily balance is not met each day of the dividend period, you will not earn the stated Annual Percentage Yield. 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. For accounts using the Daily Balance method as stated on the Rate Schedule, dividends are calculated by applying a daily periodic rate to the balance in the account each day. 
  6. Account Limitations. For all Savings and Money Market accounts, you may make no more than six (6) transfers and withdrawals from your account to another account of yours or to a third party in any month by means of a preauthorized, automatic or internet transfer, by telephonic order or instruction, or by check, draft, debit card or similar order. If you exceed these limitations, your account may be subject to a fee or be closed. For Holiday Savings accounts, the entire balance will be transferred to the regular savings by September 30 and the account will remain open. For Vacation Savings accounts, the entire balance will be transferred to the regular savings by May 31 and the account will remain open. For Health Savings & Checking accounts, no account limitations apply.
  7. Fees Overdrawing Accounts. Fees may be imposed on each check, draft, item, ATM card withdrawal, debit card point of purchase, 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 a check, draft or item. You may consult the Funds Availability Policy 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 draft, item or transaction. If we have approved an overdraft protection limit for your account, such fees may reduce your approved limit. Checks are cleared sequentially by check number as they are presented each day. Please refer to the Fee Schedule for current fee information. The rates & fees appearing in this Schedule are accurate as of the Effective Date indicated on this Truth-in-Savings Disclosure. If you have any questions or require current rate & fee information on your accounts, please call the Credit Union.

Account Fee Schedule

(MVP = Member Value Program) Fees MVP-Only Fees
Checking (Share Draft) Account
         Non-Sufficient Funds (NSF) $30.00 $30.00
         Uncollected Funds Return $30.00 $30.00
         Stop Pay $30.00 $30.00
         Overdraft Transfer from Savings Account - six per month free, then; $5.00 $5.00
         Check Copy $0.00 $0.00
         Check (Share Draft) Order Varies by Style
Visa Debit & Credit Cards See separate disclosures
& pricing sheets
Money Market Account
         Overdraft Transfer from Money Market Account - six per month free, then; $5.00 $5.00
Other Service Fees
         Returned Deposit/Payment (Includes Electronic) $20.00 $0.00
         Account Reconciliation/hour $0.00 $0.00
         Official Check $3.00 each $0.00
         Money Order $3.00 each $0.00
         Dormant/Inactive Fee (charged after 12 months of inactivity) - Waived if primary account owner is a minor $7.00/month $0.00
         Escheat Fee (charged after 60 months of inactivity) $50.00 one-time $50.00 one-time
         Gift Card $3.00 each $0.00
         Wire Transfer Out (add'l fees apply for resending due to incorrect info provided by member) $15 USA, $35 Int'l $5 USA, $10 Int'l
         Wire Transfer In $15.00 $0.00
Health Savings Account (HSA) Annual Maintenance $10.00 $0.00
Individual Retirement Account (IRA) Account Maintenance $10.00 $0.00