Audubon Federal Credit Union Member NCUA
Truth In Savings Disclosure
Truth In Savings Disclosure Information contained in this page is correct as of July 18, 2007. All disclosures, rates, terms, fees and conditions are subject to change at any time.
Rate Information
The dividend rate and annual percentage yield may change every dividend period based on credit union earnings. We may change the dividend rate at any time for your account as determined by the credit union Board of Directors. The Board of Directors declare the dividend for a dividend period at its regular scheduled board meeting held each month.
Dividend Period
For Regular Shares, Club and IRA accounts the dividend period is quarterly. For example, the beginning date for the first dividend period of the calendar year is January 1, and the ending date of the dividend period is March 31. Posting date of dividends is the first day of the next quarter.
Minimum Balance Requirement
You must maintain a minimum average daily balance of $25 in your account to obtain the disclosed annual percentage yield.
Transaction Limitations
There are no limitations on the number of dollar amount of either deposits or withdrawals.
Accrual of Dividends on Non Cash Deposits
Dividends will begin to accrue on the business day that you deposit non-cash items (checks are non cash items) to your account.
Compounding and Crediting
Dividends will be compounded quarterly using the daily balance method. Dividends will be posted to your account on the first day of the next quarter.
Par Value of Share
Par (Participating) value of share in the credit union is $5. At any time this amount can be on deposit in any account.
Truth In Savings Disclosure Information contained in this page is correct as of July 18, 2007. All disclosures, rates, terms, fees and conditions are subject to change at any time.
Rate Information
The dividend rate and annual percentage yield may change every dividend period based on credit union earnings. We may change the dividend rate at any time for your account as determined by the credit union Board of Directors. The Board of Directors declare the dividend for a dividend period at its regular scheduled board meeting held each month.
Dividend Period
For Regular Shares, Club and IRA accounts the dividend period is quarterly. For example, the beginning date for the first dividend period of the calendar year is January 1, and the ending date of the dividend period is March 31. Posting date of dividends is the first day of the next quarter.
Minimum Balance Requirement
You must maintain a minimum average daily balance of $25 in your account to obtain the disclosed annual percentage yield.
Transaction Limitations
There are no limitations on the number of dollar amount of either deposits or withdrawals.
Accrual of Dividends on Non Cash Deposits
Dividends will begin to accrue on the business day that you deposit non-cash items (checks are non cash items) to your account.
Compounding and Crediting
Dividends will be compounded quarterly using the daily balance method. Dividends will be posted to your account on the first day of the next quarter.
Par Value of Share
Par (Participating) value of share in the credit union is $5. At any time this amount can be on deposit in any account.