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 pr for an annual period. For Regular Share, Sun-Share, IRA Share, Business Share, Organization Share, Truth, and Youth Savings accounts, the Dividend Rate and Annual Percentage Yield may change quarterly as determined by the Credit Union’s Board of Directors. For Regular Share and Money Market accounts, the Dividend Rate and Annual Percentage may change monthly as determined by the Credit Union’s Board of Directors. The Dividend Period begins on the first calendar day of the period and ends on the last calendar of the period. The Regular Share and Money Market account is a Tiered Rate Account. If your account balance is $2,500.00 or below, the first dividend rate and annual percentage Yield listed for this account in the Rate Schedule will apply. If your account balance is from $2,500.01 to $25,000.00, the second Dividend Rate and Annual Percentage Yield listed for this account will apply. If your account balance is $25,000.01 to $50,000.00 the third Dividend Rate Annual Percentage Yield listed for this account will apply. If your account balance is $50,000.01 to $75,000.00, the forth Dividend Rate and Annual Percentage Yield listed for this will apply. If your account balance is $75000.01 to$ $999,999.99 the fifth Dividend Rate and Annual Percentage Yield listed for this account will apply. Once a particular balance range is met, the Dividend Rate and Annual Percentage Yield for that balance range will apply to the full balance of your account.

2. Nature of Dividends.

Dividends are paid form current income and available earnings after required transfers to reserve at the end of the dividend period. The Dividend Rates and Annual Percentage Yields are the prospective rates and f yields that the Credit Union anticipates paying for the applicable dividend period.

3. Dividend Compounding and Crediting.

The compounding and crediting of dividends and dividend period applicable to each account are set forth 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 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. For Regular Share, Sub-Share, Business Share, Organization share, Trust, and Youth Savings accounts, if you close your account before accrued dividends are credited, accrued dividends will not be paid.

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 any account. The payer value amount is stated in the Free Schedule. Some accounts may have additional minimum opening deposit requirements. The minimum balance requirements applicable to each account are set forth in the Rate Schedule. For Regular Share, Money Market, Sub-Share, Business Share, Organization Share, and Trust accounts, there is a minimum average daily balance required to avoid a service fee for the dividend period. If the minimum average daily balance is not met, you will not earn the stated Annual Percentage Yield. For all accounts using an Average Daily Balance method, dividends are calculated applying a periodic rate to the average daily balance in the account for the period. The average daily balance is determined by adding the full amount of principal in the account for each day of the period and dividing that figure by the number of days in the period.

6. Account Limitations.

For all accounts, no more than six(6) preauthorized, automatic, or telephone transfers may be made from these accounts to another account of yours or to a third party in any month, and no more than three(3) of these six (6) transfers may be made by check, draft, or debit card to a third party. If you exceed these limitations, your account may be subject to a fee or be closed. For Money Market accounts, three (3) withdrawals per month are allowed before a fee will be imposed. For Money Market accounts, there is a minimum of $1000.00 per withdrawal. For Trust accounts, nine (9) withdrawals per quarter are allowed before a fee will be imposed.

If after reading this notice you have questions, please contact us at:

877-968-7828 (toll free)

or write to:

Ukrainian Federal Credit Union
824 Ridge Road East
Rochester, NY 14621