Checking Account Terms and Conditions

(1) Classic (Non-Dividend Bearing) Checking

Dividend: There are no dividends paid on a Classic Checking account.

Minimum Balance Requirements: There is no minimum balance required to open or maintain a Classic Checking account.

Transaction Limitations: There are no transaction limitations on a Classic Checking account.

Fees and Charges: A monthly service charge will be assessed on the last day of each month. You may avoid this service charge as defined in the Membership Rewards Program. Other charges may apply to this account as outlined in the Schedule of Fees.

(2) VIPS (Dividend Bearing) Checking

Dividends: Refer to Section F — Additional Disclosures Concerning Specific Accounts — on page 19 of the Member Services Agreement.

Minimum Balance Requirements: There is no minimum balance required to open or maintain a VIPS Checking account and there is no minimum balance required to earn dividends.

Transaction Limitations: There are no transaction limitations on a VIPS Checking account.

Fees and Charges: If the VIPS Checking account balance falls below an average daily balance of $2,500 any time during the month, a service charge will be assessed on the last day of the month. You may avoid the service charge as described in the Membership Rewards Program. Other charges may apply to this account as outlined in the Schedule of Fees.

(3) eChecking

Dividend: There are no dividends paid on an eChecking account.

Minimum Balance Requirements: There is no minimum balance required to open or maintain an eChecking account.

Additional Requirements: eChecking account users agree to conduct a majority of their routine transactions electronically. If you sign up for eChecking, you must maintain with us at all times a valid e-mail address related to your account. You agree to use and, as necessary, enroll to use, Internet Banking (eBranch), Online Bill Pay services (Online Bill Pay), eStatements, touch-tone telephone service (Contact-24) and ATMs. You must initiate your enrollment in eBranch no later than the last day of the month following the month you sign up for eChecking.

Fees and Charges: If you sign up for eChecking but do not enroll in Online Bill Pay or for eStatements in a timely manner or do not actively use Online Bill Pay or ask to receive paper statements monthly, you will be charged a monthly fee for Online Bill Pay and for statement reprints as outlined in the Schedule of Fees. “Active use” of Online Bill Pay means paying at least three bills per month through Online Bill Pay. Other charges may apply to this account as outlined in the Schedule of Fees.

(4) Free With Direct Deposit Checking

Dividend: There are no dividends paid on a Free with Direct Deposit Checking account.

Minimum Balance Requirements: There is no minimum balance required to open or maintain a Free with Direct Deposit Checking account.

Transaction Limitations: There are no transaction limitations on a Free with Direct Deposit Checking account.

Fees and Charges: There is no monthly maintenance fee with a recurring monthly direct deposit. There is a $5 monthly maintenance fee without direct deposit (waived for the first two months). Other charges may apply to this account as outlined in the Schedule of Fees. Members with Free with Direct Deposit Checking pay no monthly maintenance fees for Online Bill Pay.

(5) Student Checking

Dividend: There are no dividends paid on a Student Checking account.

Minimum Balance Requirements: There is no minimum balance required to open or to maintain a Student Checking account.

Transaction Limitations: There are no transaction limitations on a Student Checking account.

Fees and Charges: There is no monthly maintenance fee for members between the ages of 16 and 23 years old. At the age of 24, the Student Checking account will automatically convert to a Classic Checking account. Other charges may apply to this account as outlined in the Schedule of Fees.