St. Joe Valley Credit Union

Share draft account features and disclosure – Effective September 1, 2002

Share draft accounts with the St. Joe Valley Credit Union are subject to the requirements below and such other terms and conditions contained in the Share Draft Agreement and established by the Board of Directors. DIVIDENDS are computed using the Average Daily Balance method. Dividends are paid on the last day of the month and available the first business day of the new month. REMINDER: Depending upon account activity and the actual amount of shares upon which dividends are paid, effective yield may be lower than the specified dividend rate. Business accounts will not be paid a dividend.

The features of this account are:

• No minimum balance
• Monthly dividends on average daily balances of $500 or more
• Unlimited check writing (no per item fee)
• Monthly statements
• Please review the fees applicable to this type of account on our fee page.

The credit union reserves the right to change this account to another type of account without the member’s approval if, in the credit union’s judgment, the change is not adverse to the member. The credit union will notify the member at least 30 days before the change is effective. If the member determines that a change to another type of account would be adverse to the member, the change will not be made without member’s approval.

NOTICE: Dividends are based on the credit union’s earnings at the end of a dividend period and set by the third Wednesday of the last month of each quarter.

Please read the Truth-In-Savings Disclosure policy which includes the Funds Availability Policy. This information is in the "All About Your Account Brochure" available upon request at the credit union.