Disclosure of Account Information - The Golden 1 Credit Union

y means of a preauthorized or automatic transfer,
computer transfer, telephonic order or instruction or
similar order to a third party. If you exceed the transfer
limitations set forth above, your account will be subject
to closure by the credit union.
Par value of a share - The par value of a share in this
account is $1.00.
Fees and charges - An excessive withdrawal fee will be
charged for each lobby withdrawal or transfer in excess of
three during a calendar month. A relationship fee will be
assessed on savings accounts that maintain an average
monthly balance of $100.00 or less with no other active
accounts. Fee is waived for members under the age of
18, for accounts enrolled in Online Statements and for
accounts opened 6 months or less. Active accounts must
be in primary savings account owner’s name. Active
accounts include safe deposit boxes, account balances
greater than zero, brokerage and insurance products,
mortgage and consumer loan balances greater than zero,
and line-of-credit loan balances at a zero balance but still
open. See separate fee schedule.
FLEXSAVINGS SM ACCOUNT
Rate Information - See separate rate sheet.
Compounding and crediting - Dividends will be
compounded every month. Dividends will be credited to
your account every month.
Dividend period - For this account type, the dividend
period is monthly, for example, the beginning date of the
first dividend period of the calendar year is January 1, and
the ending date of such dividend period is January 31. All
other dividend periods follow this same pattern of dates.
The dividend declaration date follows the ending date of
a dividend period, and for the example above is February 1.
If you close your account before dividends are paid, you
will not receive the accrued dividends.
Minimum balance requirements - The minimum
balance required to open this account is $20.00 or $5.00
with payroll deduction or automatic transfer.
Daily balance computation method - Dividends are
calculated by the daily balance method which applies a
daily periodic rate to the balance in the account each day.
Accrual of dividends on non-cash deposits - Dividends
will begin to accrue on the business day you deposit noncash
items (for example, checks) in your account.
Transaction limitations - If any withdrawals are made
from this account before the payout date, this account
31