Safe and Secure Your money is safe and secure with Campus Federal Credit Union. Funds on deposit, up to $100,000 per member, are insured by the National Credit Union Administration (NCUA), an agency of the federal government.

Terms and Conditions The purpose of this document is to:

• Disclose terms of membership.
• Disclose rules applicable to more common transactions or circumstances, including the ones governed by laws such as those relating to negotiable instruments, electronic funds transfer, or availability of deposited funds. Laws regulating property transferal upon death, including rights of surviving spouses and dependents and those pertaining to estate and other succession taxes are too extensive and complex to be reproduced here. Special rules applying to certain other accounts or services may be disclosed on separate forms when you arrange for these services/products. For example, disclosure of IRS regulations pertaining to Individual Retirement Accounts are disclosed in Form 5305-A at the time of account opening.
• Disclose the limits of our liability or responsibility in connection with various transactions, circumstances or events.
• Disclose rules for certain events/transactions regulated by law where variation is permitted by written agreement.
• Disclose dividend payment frequencies and methods.
• Refer to the Campus Federal Credit Union Fee Schedule document for a current listing of fees/charges.

When used in this document, the words "we", "our", "us" or "the credit union" means "Campus Federal Credit Union" and the words "you" or "your" means "the member", including all joint signers shown on the current account signature card.

PLEASE READ THIS DOCUMENT CAREFULLY AND CALL US IF YOU HAVE ANY QUESTIONS.

GENERAL GUIDELINES

Continued use of your account after its receipt will be considered: 1) your agreement to these rules; 2) your agreement to pay the fees/charges listed, (including any additional reasonable charges not contemplated by this agreement); 3) in the Fee Schedule your agreement to pay any entrance or membership fees; 4) your agreement to subscribe to at least one par share (currently $5.00); and 5) your agreement to our right to collect these fees/charges directly from your account balance.

Membership You must meet eligibility requirements. If you open and close an account within six (6) months of membership date, a fee will be charged. Refer to the Campus Federal Credit Union Fee Schedule document for a current listing of fees/charges. The membership will not be reopened for a period of six (6) months.

Account Ownership Agreement Campus Federal Credit Union is authorized to recognize any of the signatures appearing on the current account signature card in payment of funds or transaction of any business on your deposit account(s) and you agree to the terms and conditions of the account(s) as established or amended from time to time by the credit union. The account owner(s) agree with the credit union and, if applicable, with each other that all sums deposited, earned or accumulated on shares shall be jointly owned. If the right of survivorship is jointly owned, withdrawal, payment or receipt of any sums to or from the account by the survivor(s) or joint owner(s) is valid and will discharge the credit union from any liability in connection with these transactions. Each of you authorizes the other person signing on the current account signature card to endorse any item payable to you or your order for deposit to your account(s). The right or authority of the credit union under this agreement may not be changed or terminated by any account owner(s) except by written notice to the credit union. This notice will not affect any transaction(s) made prior to our receipt of and agreement to it.

Payroll Deduction You may authorize your employer, in writing by use of the forms we require, to make payroll deductions and to deliver those amounts to us for deposit in your accounts or for payment on your loans. Your written instructions to us for application of the amounts delivered to us from your payroll deductions will remain in effect, even in the event you should file a petition for bankruptcy relief, until we receive from you a written contrary instruction.

Confidentiality We will observe a strict duty of confidentiality regarding your financial affairs, and we will not disclose any information about you to third parties without your written consent, unless permitted or required to do so by law.

Business Days Campus Federal Credit Union will be open for business each Monday through Friday, excluding holidays. Office hours are posted at each location. Notices are posted in all branches at least one week prior to holiday closings.

Taxpayer Identification Numbers In connection with Federal Backup Withholding requirements, each member must furnish the credit union with their correct Social Security Number and each business or organization must furnish us with their correct Federal Employer's Identification Number.

Change(s) of Address We reserve the right to change addresses upon written request, notification from the US Postal Service, or via telephone. We may require written documentation if proof of identity is questionable.

Notice of Withdrawal We may impose up to fourteen (14) days advance written notice for withdrawal of shares.

Statements You will receive activity statements on the accounts listed as follows:

Please examine and reconcile your statement promptly and carefully. Notify us of any discrepancies or improper charges within thirty (30) days after you receive your statement; otherwise, it will be deemed correct and we will not be liable for any payment made or charged against your account(s), including those which you later (after the 30 days) assert as being forged or altered.

Changes of Account Type If account type is changed due to a request from you within six (6) months of account open date, a fee will be charged and you cannot reopen this type of account for a 12 month period. Refer to the Campus Federal Credit Union Schedule of Fees brochure for a current listing of fees/charges.

Deposit/Payment Receipts We will issue a receipt for deposits/payments when made in person with a paying/receiving teller at the time these transactions are made. Receipts will not be issued to you for deposits/payments made by mail, at our night depository or lobby drop boxes. Special envelopes with detachable receipts upon which you indicate your deposit/payment instructions are available for these types of transactions.

Dormant, Inactive or Abandoned Accounts If your account(s) has no deposit or withdrawal activity for one (1) year, it will be considered dormant and we will cease mailing statements. You may reactivate your account by contacting us. Dormant accounts are subject to a monthly fee (refer to the Campus Federal Credit Union Fee Schedule document for a current listing of fees/charges) after the account is categorized dormant. If the account(s) remains inactive for five (5) years, it may be subject to escheat to the State of Louisiana, unless other conditions imposed by applicable laws are met.

Records Retention We will maintain copies of transactions on your account(s) for periods required by Federal or State regulations. At the end of the required retention period, these copies will be destroyed. We will not be liable to you for the destruction of records for which the designated retention period has expired.

Power of Attorney In order for someone other than an authorized signer appearing on the current account signature card to transact business on your account, you must present us with a certified original (or certified true copy) of a Power of Attorney, to be retained in our legal files, naming the designated individual and the particular account(s) on which you wish them to have Power of Attorney.

Right of Offset and Right to Recover Amount Due Federal Government from Direct Deposits Your signature on your account signature card constitutes your agreement to our right of discretion in exercising offset against any funds (except Individual Retirement Accounts, other Qualified Retirement Plans or accounts where your rights arise in a representative capacity only) you have on deposit with us, whether mature or not, to satisfy any debt you owe us, except those created by a consumer credit card transaction under a credit card plan. We will not be liable for the dishonor of any check when we offset a debt you owe us against your accounts provided we send you a written notice following the offset when required to do so by law. You agree to hold us harmless from any liability or claims arising from our exercise or non-exercise of our right of offset.

If, in connection with a direct deposit plan, we deposit any amount in your account(s) which should have been returned to the Federal Government for any reason, you authorize us to deduct that amount from any account(s) you have with us (except Individual Retirement Accounts, other Qualified Retirement Accounts or accounts where your rights arise in a representative capacity only), without prior notice and at any time except as prohibited by law. We may also use any other legal remedy to recover the amount of our liability.

Limitation on Pledge of Deposit Accounts You agree not to pledge, assign, make a collateral assignment or grant any other type of security interest in any deposit account(s) you maintain with us to any other financial institution or any third party.

Right to Deduct Deposit Items We reserve the right to deduct deposit items from your account which are later disputed as having been forged, altered or completed in an unauthorized manner, or to otherwise obtain reimbursement from you. We may charge your account or obtain reimbursement from you at the time such dispute is raised, even if the dispute is ultimately resolved in your favor.

Funds Availability Disclosure When you deposit an item (such as a check) drawn on another institution, there is a time delay before it reaches that institution who will decide whether to pay it. Allowing you to withdraw or write checks against the item before we learn whether it will be paid presents a certain risk that it will not be paid and we will be unable to charge back the amount to your account. Sometimes we will accept this risk and allow immediate access to the funds. Usually, we will allow immediate availability of funds for:

• Items with a face amount of $1,000 or less;
• Items drawn on a branch of ours located in our state;
• First-endorsed items drawn on the government of our state or any parish, city or town of our state;
• First-endorsed items drawn on the US Treasury, Federal Reserve Banks or Federal Home Loan Banks;
• Electronic deposits or US Postal Money Orders.

Longer delays may apply. In some cases, we will not make all of the funds available to you on the first business day after the day of your deposit. Depending on the type of check that you deposit, funds may not be available until the fifth business day after the day of your deposit. However, the first $100 of your deposit will be available on the first business day. If we are not going to make all of the funds from your deposit available on the first business day, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made directly to one of our employees, or if we decided to take this action after you have left the premises, we will mail you the notice by the day after we receive your deposit. If you will need the funds from a deposit right away, you should ask us when the funds will be available. In addition, funds you deposit by check may be delayed for a longer period under the following circumstances:

• We believe a check you deposit will not be paid.
• You deposit checks totaling more than $5,000 on any one day.
• You redeposit a check that has been returned unpaid.
• You have overdrawn your account repeatedly in the last six months.
• There is an emergency, such as failure of communications or computer equipment.

During the period of the hold, you may not withdraw the funds in cash and we will not use the funds to pay checks that you have written. The funds will generally be available no later than five (5) days after your deposit.

Right of Refusal We reserve the right to refuse certain deposit items and will not be liable to you for our exercise of this right. We also reserve the right to refuse any withdrawal or transfer request which is for an amount less than any required minimum withdrawal or which exceeds any frequency limitation, for example:

• More than three (3) withdrawals per calendar quarter from share accounts; special share; age exempt accounts.
• More than six (6) third party transfers per month from money market savings accounts, including telephone or electronic transfers and transfers to any of your other accounts with the credit union.
• More than two (2) withdrawals per calendar year from club accounts.

Share Drafts Generally, only share drafts (checks) or other methods approved by the credit union may be used to withdraw funds from your share draft account. We may exclude personalized share drafts you order through an independent vendor that are produced according to standards which make them difficult to process through our equipment. Except for our negligence, we are not liable for any action we take regarding payment or non-payment of a share draft.

Post-Dated or Stale-Dated Share Drafts We are under no obligation to pay a share draft on which the date is more than six (6) months old. However, except for those on which a stop-payment order is in effect, you agree to hold us harmless if we pay any share draft you have written against your account, regardless of its date, including those which you post-date for any reason, unless you have furnished us notice in writing.

Overdrafts and Overdraft Protection The words overdraft or overdrawn used in this agreement refers to any withdrawal resulting in the account balance falling below zero. We are under no obligation to pay a share draft or other withdrawal (including check card withdrawals) which exceeds your account's balance. We may, however, pay such a share draft (or other withdrawal) and charge the overdraft amount, plus a service charge, against any other account from which you are entitled to withdraw (except Individual Retirement Accounts, other Qualified Retirement Plans or accounts where your rights arise in a representative capacity only). If we permit an overdraft on your account, a notice of that overdraft will be placed in the mail to you on the next business day after the overdraft.

All non-cash items deposited to your account (including items drawn on us) will be credited subject to their final payment by the institutions on which they are drawn. If a deposit item is not paid, we will charge its amount back to your account even though this may result in your account becoming overdrawn. If charge-back of a return deposit item overdraws your account, a notice will be placed in the mail to you on our next business day after the charge-back. We will not be liable to you for return of share drafts because of our charge-back of a return item which results in your account becoming overdrawn. You may apply for overdraft protection on your share draft account:

• Through transfer from your share account; or
• Through line-of-credit advance.

Automatic overdraft transfers may be arranged from your designated share account to your designated share draft account under the same member number. Transfers will be made dollar for dollar provided the entire amount to cover any overdraft item is available in your designated share account. A service fee per overdraft item will be charged to your share account. Refer to the Campus Federal Credit Union Schedule of Fees brochure for a current listing of fees/charges.

Automatic overdraft transfers from a line-of-credit will be advanced only in multiples of $50, regardless of the actual amount of the overdraft. If a line-of- credit overdraft transfer cannot be approved because it would exceed your established credit line limit, the entire amount of the overdraft will be due and payable on demand, including legal interest from date of demand until paid. In the event we must retain an attorney-at-law or collection agency to collect any overdrafts on your account(s), you agree to pay all reasonable collection, court and attorney fees incurred.

Covered Checking^SM

It is the policy of Campus Federal to comply with all applicable laws and regulations and to conduct business in accordance with applicable safety and soundness standards.

Covered CheckingSM is not a line of credit. However, if you overdraw your account, we will have the discretion to pay the overdraft, subject to the limit of your overdraft privilege and the amount of the overdraft fee. Campus Federal is not obligated to pay any item presented for payment if your account does not contain sufficient available funds. Any discretionary payment (or other negotiation or processing) by Campus Federal of any non-sufficient funds check or other item does not obligate or create an agreement or course of dealing for Campus Federal to pay any additional non-sufficient funds check or item or to provide prior notice of its decision to refuse to pay any additional non-sufficient funds check or item.

Pursuant to Campus Federal's commitment to always provide you with the best level of service, now and in the future, if your consumer account (primarily used for personal and household purposes) has been open for at least sixty (60) days and thereafter you maintain your account in good standing, which includes at least:
A) Bringing your account balance to a positive balance within every thirty (30) day period;
B) You are not in default on any loan or other obligation to Campus Federal Credit Union and
C) You are not subject to any legal or administrative order or levy.

Campus Federal will have the discretion to pay overdrafts within the overdraft privilege limits, but payment by Campus Federal is a discretionary courtesy and not a right of the account holder or an obligation of Campus Federal. This privilege for consumer checking will be determined by your account type and varies in amounts per the account type. Of course, any and all fees and charges, including without limitation the non-sufficient funds fees (as set forth in our fee schedules), will be included as part of this maximum amount.

The total of the discretionary Covered CheckingSM (negative) balance, including any and all fees and charges, including all non-sufficient funds/overdraft fees is due and payable upon demand, and Depositor and each Authorized Signatory will continue to be liable, jointly and severally, for all such amounts, as described in the Terms & Condition Disclosure.

Again, while Campus Federal will have the discretion to pay overdrafts on accounts in good standing (as described above), any such payment is a discretionary courtesy, and not a right of the account holder or an obligation of Campus Federal and Campus Federal in its sole and absolute discretion, can cease paying overdrafts at any time without prior notice of reason or cause.

Collection Items You agree to pay any special fees incurred when deposit items are placed for collection. Except for our negligence, we assume no responsibility for the period of time involved before final payment of a collection item takes place. Actual credit for deposits payable in foreign currency will be at the exchange rate in effect upon final collection in US dollars.

Levy Placement/Garnishment A levy and/or garnishment is a notice sent by a state or federal agency requiring the credit union to place hold on your deposits for 21 calendar days then remit the requested amount including interest. There is a charge for processing levy and/or garnishments.

DISCLOSURE FOR ELECTRONIC FUNDS TRANSFER

Consumer's Liability for Unauthorized Transfers and Disclosure of Advisability of Prompt Reporting Tell us at once if you believe your code or card has been obtained by an unauthorized person. Telephoning is the best way of keeping your possible losses down. You could lose all the money in your account (plus your maximum overdraft line-of-credit). If you tell us within two business days, you can lose no more than $50.00 if someone used your code or card without your permission. If you do not tell us within two business days after you learn of the loss or theft of your code or card, and we can prove we could have stopped someone from using your code or card without your permission if you had told us, you could lose as much as $500.00. Also, if your statement shows transfers that you did not make, tell us at once. If you do not tell us within 60 days after the date of the statement we mailed you, you may not get back any money you lost after 60 days if we can prove that we could have stopped someone from taking the money if you had told us in time. If a good reason (such as a long trip or a hospital stay) kept you from telling us, we will extend the time periods.

Telephone Number and Address to be Notified in Event of Unauthorized Transfer (Lost/Stolen Cards or Codes) If you believe your code or card has been lost or stolen or that someone has transferred or may transfer money from your account without your permission, call: (225) 769-8841 or (888) 769-8841, (only on a touch-tone telephone) or write Campus Federal Credit Union, Automated Services Teller, P.O. Box 98036, Baton Rouge, Louisiana 70898. Someone will respond to your request.

Types of Available Transfers and Limits on Transfers "Codes" when used herein refers to the automated telephone service and the bill payer service. "Card" refers to the automated teller machine card and the check card, unless otherwise noted.

• You may use your automated telephone service code or card to withdraw cash from your designated share (savings) account, draft (checking) account, Golden Investment account, and/or Flex account.
• You may make deposits with your card into your designated share (savings) account, draft (checking) account, Golden Investment account, and/or Flex account ONLY at Campus Federal machines. (Deposits are not accepted at our machine located in the Union on the Louisiana State University campus at Shreveport, Louisiana.)
• You may use your automated telephone service code or card to transfer collected funds between your designated draft (checking) account, share (savings) account, Golden Investment account, and/or Flex account whenever you request. You may also transfer $50 or more (if available) from your line-of-credit loan (excluding VISA) into your designated (checking) account, share (savings) account, Golden Investment account, and/or Flex account.
• You can make payments with your code or card on any Campus Federal loan from your designated draft (checking) account, share (savings) account, Golden Investment account, and/or Flex account.
• You may use your automated telephone service code or card to check the balance of your designated draft (checking) account, share (savings) account, Golden Investment account, and/or Flex account, as well as, balances on your Campus Federal loans. (These balances are brought up-to-date once a day on the automated teller machines, and may not reflect the most recent transactions on your account(s).)
• Due to Federal Reserve Board Requirements, you may make only three transfers from any one share (savings), special share or age exempt account per statement cycle.
• You may withdraw up to $400 in cash a day with your automated teller card from any one designated account or a combination of your designated accounts.
• The automated telephone service code allows you to access all accounts under your member number. The automated teller card allows you to access ONLY the accounts you designate on your automated teller card application. The bill payer code allows you to access ONLY your draft account. The check card allows you to access ONLY the accounts you designated on your check card application.

Disclosure of Account Information to Third Parties We will disclose information to third parties about your account or the transfers you make where it is necessary for completing transfers or in order to verify the existence and condition of your account for the third party, such as a credit bureau or merchant; or in order to comply with government agency or court orders; or if you give us your written permission.

RIGHT TO RECEIVE DOCUMENTATION OF TRANSFERS

You can get a receipt at the time you make any transfer to or from your account using one of our automated teller machines. If you have arranged to have direct deposits made to your account at least once every 60 days from the same person or company you can call us at (225) 769-8841 or (888) 769-8841 to find out whether or not the deposit has been made.

DISCLOSURE OF RIGHT TO STOP PAYMENT OF PRE-AUTHORIZED TRANSFER, PROCEDURE FOR DOING SO, RIGHT TO RECEIVE NOTICE OF VARYING AMOUNTS, AND CAMPUS FEDERAL'S LIABILITY FOR FAILURE TO STOP PAYMENT

If you have told us in advance to make regular payments out of your account, you can stop any of these payments. Call us at (225) 769-8841 or (888) 769-8841, or write us at PO Box 98036, Baton Rouge, Louisiana 70898, in time for us to receive your request three business days or more before the payment is scheduled to be made. If you call, we may also require you to put your request in writing and get it to us within 14 days after you call. If a regular payment might vary in amount, the person or business you are going to pay will tell you 10 days before each payment, when it will be made, and how much it will be. If you order us to stop one of these payments three business days or more before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages.

CAMPUS FEDERAL'S LIABILITY FOR FAILURE TO MAKE TRANSFERS

If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions when we will not be liable to you; for instance:

• If, through no fault of ours, you do not have enough money in your account to make the transfer.
• If the transfer would go over the credit limit on your overdraft line.
• If the system was not working properly and you knew about the breakdown when you started the transfer.
• If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions that we have taken.
• If the funds are subject to legal process or other encumbrance restricting transfer.
• If the automated teller machine where you are making the transfer does not have enough cash.

BILLING ERROR RIGHTS NOTICE

Your Billing Rights-Keep this Notice for Future Use In Case of Errors or Questions About Your Electronic Transfers telephone us at (225)-769-8841 or (888) 769-8841 or write us at P. O. Box 98036, Baton Rouge, Louisiana 70898, as soon as you can, if you think your statement or receipt is wrong or if you need more information about a transfer listed on the statement or receipt. We must hear from you no later than 60 days after we sent the FIRST statement on which the problem or error appeared.

• Tell us your name and account number (if any).
• Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe it is an error or why you need more information.
• Tell us the dollar amount of the suspected error.

If you tell us orally, we may require that you send us your complaint or question in writing within 10 business days.

We will tell you the results of our investigation within 10 business days after we hear from you and will correct any error promptly. If we need more time, however, we may take up to 45 days to investigate your complaint or question. If we decide to do this, we will re-credit your account within 10 business days for the amount you think is in error, so that you will have the use of the money during the time it takes us to complete our investigation. If we ask you to put your complaint or question in writing and we do not receive it within 10 business days, we may not re-credit your account. If we decide that there was no error, we will send you a written explanation within three business days after we finish our investigation. You may ask for copies of the documents that we used in our investigation.

Stop Payments on Share Drafts or Other Debits You may place a stop payment on a share draft or other debit you have authorized if it has not been charged against your account. (If you need to place a stop payment on an electronic funds transaction, please refer to the preceding section entitled, Disclosure for Electronic Funds Transfer(s).) A fee is charged for this service. Refer to the Campus Federal Credit Union Schedule of Fees brochure for a current listing of fees/charges.

Stop payment orders may be made by telephone or in writing. Telephone orders will remain in effect for only 14 days unless you confirm them in writing within that time; however, a written stop payment order is valid for six months and may be renewed upon its expiration. A stop payment may be instituted by any authorized signer on the account regardless of whether they signed the share draft being stopped. Deletion of a stop payment can only be authorized by the individual initially requesting it.

In accepting a stop payment, we require that you furnish us with the following exact information: your share draft account number; the number and date of the share draft being stopped; the name of the person, business, etc., to whom payable and the amount of the share draft. If our failure to stop payment is due to incorrect information that you have furnished us, we will not be liable to you for our failure to stop payment.

You agree to indemnify and hold the credit union harmless for the amount of the stopped share draft and any damages, costs and expenses, including attorney fees, incurred on account of our refusing payment of your share draft. You further agree to indemnify and hold the credit union harmless from all liability if payment is made contrary to your stop payment order because it was not received at such time and in such manner as to allow us reasonable opportunity, in the regular course of our business, to file memorandum of it with our share draft clerk.

Statement of Indemnification and Declaration of Loss for Teller checks If you purchase a Campus Federal Teller Check and that check is subsequently lost by you or is not received by the party to whom it is paid, we will require a Statement of Indemnification and a Declaration of Loss from you. However, under articles of the Uniform Commercial Code, stop payment on this check may not become valid until ninety (90) days after the issue date on said check. Therefore, we will not be liable to you if, in the 90-day period from the check's issue date, it is paid even though you may have signed the Statement of Indemnification and Declaration of Loss. We may also require you to post a surety bond, not to exceed the face amount of the check, covering the 90-day period from the check's issue date.

Amendments and Terminations We may amend any terms and conditions appearing in this document from time to time upon giving reasonable notice to you which may consist of posting notice of amendments in our lobby for at least thirty days prior to the change(s); enclosing notice in the statement of affected account(s), or furnishing separate notice by mail.

We may change any deposit account that you maintain with us to another type of account without your approval. If, in our judgment, the change would not be adverse to you, said change will be made immediately. If, however, this change may be adverse to you, we will notify you thirty days before this change takes place.

Members who have caused the credit union a loss will be allowed only a share account, paying no dividends, on which one withdrawal per year is permitted. Exceeding this withdrawal limit will result in membership closure. No other transactions will be handled for them by our tellers, including deposits (made through automated payroll deduction only).

Failure to abide by Campus Federal by-laws and policies or mismanagement of your account(s) may result in our closure of said account(s) with or without advance notice to you. Should we close your account(s), we will mail you a notice and a check for the current balance plus any dividends to which you may be entitled. You agree to hold us harmless from any liability or claims arising as a result of our closure of your account(s) due to your failure to abide by our by- laws and policies or your mismanagement of your account(s) and you can not re- open account for six (6) months.

Dividends Dividends which we pay are based upon available earnings at the end of a dividend period. These dividends are paid from current income and available earnings after reserve requirements are met. Federal regulations prohibit their guarantee. Rates are set at the discretion of management. Dividend rates on all accounts except existing unmatured certificates and share accounts are generally subject to change at any time without notice and accruals are calculated on end of day balances assuming a 365 day year (366 during leap year). Dividends begin to accrue on the business day you deposit non-cash items (for example, checks). Thirty days notice will be given for dividend rate changes for share accounts. Payment frequencies and methods of calculation are as follows:

(Dividend Rate, Annual Percentage Yield, minimum balance required prevailing at account opening are included on the accompanying sheets.)

**Annual Percentage Yield (APY)-a percentage rate reflecting the total amount of dividends paid on an account, based on the dividend rate and the frequency of compounding for a 365-day period and calculated according to the rules outlined in federal regulations.

Certificate Account Agreement Dividends are computed daily on the actual Certificate Account balance and will be paid according to Member's instructions and as permitted by Credit Union policy. Dividends may be posted to the certificate account or another deposit account. Even though a rate is specified, Federal Regulations prohibit payment of dividends in excess of available earnings. This Certificate Account may not be pledged, transferred or assigned to any other party, other than the Credit Union.

Unless instructed to the contrary, upon maturity the certificate will be renewed at the available rate, if the certificate type is still offered. If the certificate type is no longer available the funds will be placed in the Members' share account. The Credit Union will give a 30 day notice prior to maturity.

For 60 month Certificate Accounts, a one-time withdrawal not to exceed the required minimum balance is available. A SUBSTANTIAL PENALTY will be imposed for any additional withdrawals or any withdrawals below the required minimum. You may make one additional deposit to this certificate account after opening. Conversely, for certificate accounts (less than 60 months) any withdrawals prior to maturity will result in a SUBSTANTIAL PENALTY. Additional deposits to the certificates are not allowed.

Forfeiture of Dividends If funds are withdrawn prior to maturity of any certificate account, a Substantial Penalty is imposed as follows:

• Forfeiture of 90 days dividends, whether earned or not, on the amount withdrawn from the certificate. If the withdrawal would result in the certificate balance being reduced below the required minimum balance ($1,000), the penalty must be calculated on the entire certificate balance and the account must be canceled.
  
• The 52-month certificate's penalty is all dividends paid on certificate.
  
  The penalty mentioned above will not be applied if:
  
  
• the withdrawal is made subsequent to the death or total and permanent disability of any owner of the certificate account;
• it is made as a result of the one-time withdrawal option available on a 60 month certificate;
• the withdrawal is made as a result of the voluntary or involuntary liquidation of the credit union.

Wire Transfers The credit union offers both domestic and foreign wire transfers through our banking correspondent. Refer to the Campus Federal Credit Union Fee Schedule document for a current listing of fees/charges. In order to offer this service to you, we must adhere to the following requirements:

• For transmittal of funds from our correspondent to take place within the same day as we receive your authorization, domestic wire instructions must be received by 1:00 p.m. Central Standard Time and foreign instructions must be received by 11:00 a.m. Central Standard Time.
• Wire transfer instructions will be accepted only upon the in-person or telephone request of an authorized signatory on the account from which funds will be transferred.
• For foreign wires, we require that you give us instructions which include exact name of receiving bank, its exact street address and city where located or the exact name of the receiving institution's U.S. correspondent bank, its American Bankers Association Federal Routing number and city where located.
• Monies to be transferred as well as the applicable wire transfer fee must be present in your account with the credit union in the form of available funds.
• Exact incoming wire instructions can be obtained from Campus Federal Credit Union.

REV. 06/2004