Sb1 Federal Credit Union - Rates

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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.

Elite Money Market/ IRA*
Tier Balance	Annual Percentage Yield	Dividend Rate
$0.00 to $2,499.99 (Variable IRA only)	0.40%	0.40%
$2,500 - $9,999.99	0.40%	0.40%
$10,000 - $24,999.99	0.55%	0.55%
$25,000 - $99,999.99	0.70%	0.70%
$100,000 and up	0.95%	0.95%
Rates are accurate as of 9/1/2010 and subject to change without notice. Some restrictions do apply to the Sb1 Elite Money Market Account. Although you can make transfers to your Money Market Account via NetBanker, account access is not available through ATMs or through Sb1's BillPay service. Up to six (6) preauthorized, automatic, telephone transfers or withdrawals may be made from each Money Market Account to another account 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. Any checks drawn on your Money Market Account must be for an amount of $250 or more. If you exceed these limitations, your account may be subject to a fee or be closed. There is no minimum balance required to open an Sb1 Money Mmarket Account, however to start earning interest the minimum balance is $2,500. If you make in excess of 6 transactions per month (writing checks, transfers) or you draw checks in an amount less than $250, your account will be subject to fees. Fees could reduce the earnings on the account. Elite Money Market dividends are calculated monthly on your entire balance in the tier your balance falls in for that month. For example, if your balance is $15,500.00 for the first 15 days in the month, you will earn the dividend rate for tier 2 on the entire balance in the account, for 15 days. If your balance is $7,500.00 for the last 15 days of the month, you will earn the dividend rate for tier 1 on the entire balance in the account for 15 days. *IRA rates apply to Traditional, Roth and Education Savings Accounts (formerly education IRAs). There may be a penalty for early withdrawal. Non-IRA deposits at Sb1 are Federally insured to at least $250,000 by the NCUA (National Credit Union Administration), a U.S. government agency. Members who own a Jumbo Certificate ($99,000 minimum) are protected to a level of $500,000. This protection includes $250,000 of coverage from Excess Share Insurance, a private property and casualty insurer, as well as the $250,000 from the NCUA. IRA deposits at Sb1 are federally insured up to at least $250,000 by NCUA. Members who own a jumbo IRA ($99,000 minimum) are protected to a level of $500,000. This protection includes $250,000 of coverage from Excess Share Insurance, a private property and casualty insurer, as well as the $250,000 from the NCUA. This combination of private/Federal insurance is a unique benefit provided to our Credit Union members, and solidifies our position as one of the nation's safest institutions. If you are interested in more information about your coverage, please contact us at 800.806.9465.

Share Certificates / Individual Retirement Account (IRA)*
Share Certificates Minimum Balance $500	Dividend Rate	APY

3-month Share Certificate/IRA	0.50%	0.50%
6-month Share Certificate/IRA	0.60%	0.60%
12-month Share Certificate/IRA	0.85%	0.85%
24-month Share Certificate/IRA	1.59%	1.60%
36-month Share Certificate/IRA	1.83%	1.85%
48-month Share Certificate/IRA	2.08%	2.10%
48-month JUMP** Share Certificate/IRA	2.08%	2.10%
60-month Share Certificate/IRA	2.57%	2.60%

Rates are accurate as of 9/1/2010 and are subject to change at any time without notice. IRA rates apply to traditional, roth and education savings accounts (formerly education IRA). there may be a penalty for early withdrawal. Non-IRA deposits at Sb1 are Federally insured to at least $250,000 by the NCUA (National Credit Union Administration), a U.S. government agency. Members who own Share Certificates/IRAs $99,000 and above are protected to a level of $500,000. This protection includes $250,000 of coverage from Excess Share Insurance, a private property and casualty insurer, as well as the $250,000 from the NCUA. IRA deposits at Sb1 are federally insured up to at least $250,000 by NCUA. Members who own a Jumbo IRA ($99,000 minimum) are protected to a level of $500,000. This protection includes $250,000 of coverage from Excess Share Insurance, a private property and casualty insurer, as well as the $250,000 from the NCUA. This combination of private/Federal insurance is a unique benefit provided to our Credit Union members, and solidifies our position as one of the nation's safest institutions. If you are interested in more information about your coverage, please contact us at 800.806.9465. *48-month JUMP Regular Share Certificate/IRA requires a $10,000 minimum deposit, Jumbo requires a $99,000 minimum deposit. There may be a penalty for early withdrawal. Dividends are calculated by the daily balance method, which applies a daily periodic rate to the principal in the account each day. Dividends are be compounded monthly and are credited monthly. All Certificate dividend rates are fixed for the term of the Certificate. The Annual Percentage Yield is based on the assumption that dividends will remain on deposit until maturity. Premature withdrawal will reduce earnings. There may be a penalty for early withdrawal. Member may choose maturity day for certificates with term ranges. Any fee imposed may reduce the earnings on your account. The dividend rates and Annual Percentage Yields may change at any time at the discretion of the Sb1 Federal Credit Union Board of Directors. The Credit Union reserves the right 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 so paid in by them except for those amounts paid into Share Draft/Checking Accounts.

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