Sb1 Federal Credit Union

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Share Savings

Sb1's Share Savings Account:
You'll earn a high dividend in exchange for the Credit Union's only required minimum balance of just $5. A Share Savings account provides you with high earning power and easy access to your funds.

Holiday and Vacation Club Accounts:
Special Club Accounts are also available to help with saving towards a specific holiday or any other purpose. These accounts earn the same great rate as our Share Savings account and you won't have to worry about preset withdraw dates or penalties for early withdrawals in case you need your money before you originally planned.

Share Savings & Share Draft Checking
Type	Minimum Balance	Annual Percentage Yield	Dividend Rate
Share Account (Savings)	$0.00*	0.40%	0.40%
Christmas & Vacation Club	$0.00*	0.40%	0.40%
Share Draft (Checking)	$0.00*	0.25%	0.25%
Health Savings Account	$0.00*	1.00%	1.00%
Rates are accurate as of 9/1/2010 and are subject to change without notice. *Although each of Sb1's individual accounts do not require any minimum balances, Sb1 membership does require a minimum balance of at least $5.00 to remain open. To be a member and maintain accounts at our Credit Union, you must purchase this $5.00 share in the Credit Union. Your $5.00 balance can be held in any one of your accounts. Dividends are calculated by the daily balance method, which applies a daily periodic rate to the principal in the account each day. Dividends are compounded monthly and are credited monthly. Dividends are paid on balances over $5.00. dividends are paid on the last day of the month and at account closing. Dividends will begin to accrue on the business day you deposit non-cash items (e.g. checks) to your account. All dividends are paid from current income and available earnings, after required transfers to reserves at the end of the dividend period. The rates may change after the account is opened. any fee imposed may reduce the earnings on your account. During any statement period, you may make not more than six withdrawals or transfers to another credit union account of yours or to a third party by means of a pre-authorized or automatic transfer or telephonic order or instruction. No more than three of the six withdrawals may be made by check, draft, or debit card, if applicable, or by similar order to a third party.

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