APY = Annual Percentage Yield

TRUTH IN SAVINGS DISCLOSURE FOR CERTIFICATES

Rate Information and Minimum Balance Requirements - You will be paid the dividend rate until first maturity or the one-time rate adjustment for the 18-month Step-up certificate. The annual percentage yield is based on an assumption that dividends will remain in the account until maturity. A withdrawal will reduce the earnings. The required minimum balance is $100 to open a VyStar Pace and Kid’s Account Certificate and is $500 to open every other certificate account. Your dividend rate and annual percentage yield are determined by your original certificate purchase amount and applied to the full balance in the Certificate account. The balance in a VyStar Pace and Kid’s Account Certificate cannot exceed $2,000, excluding dividends.

Compounding and Crediting Frequency - The dividend period for this type of account is monthly. Unless otherwise paid, dividends will be compounded monthly. Dividends will be credited to your certificate account or to any deposit account every month.

Balance Computation Method - Dividends are calculated by the daily balance method, which applies a daily periodic rate to the principal balance in your certificate account each day.

Accrual of Dividends on Non-cash Deposits - Dividends will begin to accrue on the business day you deposit non-cash items (for example, checks) to your certificate account.

Transaction Limitations - After the certificate account is opened, you may not make additional deposits (add-ons) into this certificate account until the maturity date except for the 18-month Step-up certificate account and the VyStar Pace and Kid’s Account Certificates explained below.

18 Month Step-up Certificate and VyStar Pace and Kid’s Account Certificate - You may change the dividend rate (and corresponding APY) one time on an 18-month Step-up (or adjustable rate) certificate. This change is a one-time option during the 18-month term of the certificate. You will have to make the decision to adjust the dividend rate to the current published 18-month Step-up certificate dividend rates. If you adjust the dividend rate, this new dividend rate would be fixed for the remainder of the 18-month certificate term. You also have the ability to make multiple deposits of additional funds (add-ons) to the 18-month Step-up certificate account with a minimum deposit of $2,000 or more. For the VyStar Pace and Kid’s Account Certificate, you have the ability to make multiple deposits of additional funds (add-ons) to the certificate account with a minimum deposit of $25 or more. The VyStar Pace and Kid’s Account Certificate is not eligible for the one-time dividend rate step-up option.

Early Withdrawal Penalties -Early Withdrawal Penalties - We may impose a penalty if certificate funds other than dividends are withdrawn prior to the maturity date. The penalty will be: a loss of 60 days dividends if the certificate term is 3 months or less; a loss of 90 days dividends if the certificate term is 4 months through 9 months; a loss of 180 days dividends if the certificate term is 10 months through 36 months; or a loss of 365 days dividends if the certificate term is 37 months or greater. The certificate principal balance may be reduced if necessary to effect the penalty. The penalty does not apply to any of the following withdrawals: withdrawal subsequent to the death of any owner; or if the account is part of a qualified individual retirement plan (IRA) and the withdrawal is to effect distribution of funds upon the participant’s disability or attainment of not less than 73 years of age.

Bonus Information (Limited Time Offer) – Program ended May 31, 2018. Please refer to the Truth-in-Savings Disclosure provided to you at the time of account opening. Early Withdrawal Penalty – In addition to the early withdrawal penalty detailed in the paragraph above, the amount of the bonus certificate incentive will be withdrawn from the certificate account if the account is closed prior to the certificate maturity date. Bonuses are considered interest and will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable). Interest is not reported on IRA Certificates. VyStar Credit Union cannot provide tax advice; please consult with a professional tax advisor as needed.

Renewal Policies - Your certificate will automatically renew at maturity. The VyStar Pace, Kid’s Account, 10 Month and 13 Month Certificates will automatically renew to the advertised 12 Month rate and term at maturity. The 23 Month Certificate will automatically renew to the advertised 24 Month rate and term at maturity. You will have a grace period of 14 calendar days after the maturity date to withdraw the funds in the certificate account without being charged an early withdrawal penalty as described above. If you make a withdrawal on the 15th, 16th or 17th day after the 14-day grace period, dividends accrued will be forfeited. Any bonus incentive received for the initial certificate will not be awarded again at the time the certificate is renewed.

National Credit Union Share Insurance Fund - Member accounts in VyStar Credit Union are federally insured by the National Credit Union Share Insurance Fund.

Effective 1/2023