1. Rate Information. The dividend rate and corresponding annual percentage yield that you will receive will depend on whether your average daily balance for your account for the dividend period is in Tier 1, Tier 2, Tier 3, or Tier 4. We will pay the applicable dividend rate with the corresponding annual percentage yield on your entire average daily balance for your account for the dividend period. For example, if the average daily balance in your account is $100,000 or more, you will receive the Tier 4 dividend rate with the corresponding Tier 4 annual percentage yield on the entire average daily balance in your account for the dividend period. If the average daily balance in your account is $75,000 or more, but less than $99,999.99, you will receive the Tier 3 dividend rate with the corresponding Tier 3 annual percentage yield on the entire average daily balance in your account for the dividend period. If your average daily balance is $50,000 or more, but less than $74,999.99, you will receive the Tier 2 dividend rate with the corresponding Tier 2 annual percentage yield on the entire average daily balance in your account for the dividend period. If your average daily balance is less than $50,000, you will receive the Tier 1 dividend rate with the corresponding Tier 1 annual percentage yield on the entire average daily balance in your account for the dividend period. We determine the average daily balance for each account separately. We do not combine the balances in your Premium Saver Savings Account, Premium Saver Checking Account, or any other account to determine your dividend rate or annual percentage yield. The dividend rate and annual percentage yield may change each dividend period as determined by the Credit Union's Board of Directors.

2. Compounding and Crediting. Dividends will be compounded monthly and will be credited on the last day of each month. The dividend period for each account is monthly. The dividend period begins on the first calendar day of the period and ends on the last calendar day of the period. If you close your Premium Saver Account before dividends are credited and paid, you will not receive the accrued dividends.

3. Minimum Balance Requirements. You must deposit at least Fifty Thousand Dollars ($50,000.00) to open this account. You must maintain a minimum average daily balance of Fifty Thousand Dollars ($50,000.00) in your account to avoid a service fee.

4. Balance Computation Method. Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in your account for the period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period.

5. Accrual of Dividends. Dividends will begin to accrue on the business day you deposit cash and non-cash items (e.g. checks) to your account.

6. Fees and Charges. The fees and charges that may be assessed against your account are set forth on the Fee Schedule which you will receive with this Disclosure.

7. Transaction Limitations. For your Premium Saver Savings Account, during the statement period you may not make more than six (6) withdrawals or transfers to another Credit Union account or to a third party by means of a pre-authorized or automatic transfer or telephonic order or instruction. No more than three (3) of the six (6) transfers may be by check, draft, CUTEL ATM card, CALL24, E-Branch Online Services, InstaCheck, if applicable, or similar order to a third party. The computer system may not permit you to exceed these transaction limitations. If you exceed the transfer limitations in any calendar month, your account will be subject to a service fee. These limitations are not applicable to your Premium Saver Checking Account.

The Credit Union reserves the right, at any time, to require members to give, in writing, not more than 60 days notice of intention to withdraw the whole or any part of the amounts paid in by them. No member may withdraw any shareholdings below the amount of his or her primary or contingent liability to the Credit Union if the member is delinquent as a borrower, or if borrowers for whom the member is a comaker, endorser or guarantor are delinquent, without the written approval of the credit committee or loan officer.

8. Nature of Dividends. Dividends are paid from current income and available earnings after required transfers to reserves at the end of a dividend period.

9. NATIONAL CREDIT UNION SHARE INSURANCE FUND. Member accounts in this Credit Union are federally insured by the National Credit Union Share Insurance Fund.

10. OTHER TERMS AND CONDITIONS. You agree that the Premium Saver Checking Account will be used only for personal, family or household purposes and not for business purposes. You acknowledge and agree that this is a material inducement to our allowing the account to be opened and maintained; and that we have no obligation or duty to monitor use of the account.

If this Premium Saver Truth-in-Savings Disclosure was given to you as a result of your request for information, please note that the dividend rates and corresponding annual percentage yields may change each month, as determined by the Credit Union's Board of Directors. For the most current information on Premium Saver dividend rates and corresponding annual percentage yields, please call 329-3148 (neighbor islands call 1-800-514-2328 or 1-877-331-3148) Monday through Thursday between 8:30 a.m. to 4:30 p.m. and on Friday between 8:30 a.m. to 6:00 p.m., except on holidays. You may also call our phone teller system (CALL24) at 329-9440 (neighbor islands call 1-800-303-9440).