Certificate Account Truth-In-Savings Disclosure

Except as specifically described, the following disclosures apply to all of the certificate accounts:

1. Rate Information. The dividend rates and Annual Percentage Yields on your accounts are set forth on the Certificate Account Rates page, and are determined by Harborstone Credit Union's Asset Liability Committee (ALCO). The certificate dividend rate and Annual Percentage Yield are fixed and will be in effect for the term of the account. The certificate dividend rate and Annual Percentage Yield are based on an assumption that dividends will remain on deposit until maturity. To the extent certificate dividends are not compounded, earnings will be reduced. For a Flex Certificate, you may elect to adjust your dividend rate to a new fixed rate dividend based on the rate currently offered for this account once during the term of the account.

2. Nature of Dividends. Dividends are paid from the current income and available earnings after required transfers to reserves at the end of a dividend period. The dividend rate and Annual Percentage Yield set forth on the Certificate Account Rates page are accurate as of the effective date, which the credit union anticipates paying for the applicable dividend period.

3. Compounding and Crediting. Dividends will be compounded and credited monthly and at maturity. The dividend period for all certificate accounts is monthly beginning on the first calendar day of each month and ending on the last calendar day of each month and on the maturity date.

4. Balance Information. The minimum balances required to open each account are set forth on the Certificate Account Rates page.

5. Accrual of Dividends. Dividends will begin to accrue on non-cash deposits (e.g. checks) within two (2) business days of deposit, but no later than the day we receive provisional credit. For certificate accounts, if you close your account before accrued dividends are credited, dividends will be paid through the closure date, less an early withdrawal penalty.

6. Transaction Limitations. If you select a distribution of dividends to your money market, checking, or savings as indicated on your Certificate Account Receipt, your certificate dividends will not compound to the certificate. The Annual Percentage Yield will be shown on your Certificate Account Receipt. For a Flex Certificate, once your account is opened, you may add funds in a minimum amount of $500 one time per term. Total add-on deposit may not exceed $25,000 within the term of the certificate. For all other certificates, once your account is opened, you may not add funds to your account.

7. Maturity Period. Your account will mature within the term set forth on the Certificate Account Rates page or maturity date set forth on your Certificate Account Receipt or renewal notice.

Additional Rate and Fee Information

Please review and keep with your records.

Additional Certificate Disclosures

Early Withdrawal Penalty.

1. Amount of Penalty. The amount of the early withdrawal penalty is 90 days of dividends for any withdrawal prior to maturity.

2. How the Penalty Works. The penalty is calculated as a forfeiture of part of the dividends that have been or would be earned on the account. It applies whether or not the dividends have been earned. In other words, if the account has not yet earned enough dividends or if the dividend has already been paid, the penalty will be deducted from the principal.

3. Exceptions to Early Withdrawal Penalties. At our option, we may pay the account before maturity without imposing an early withdrawal penalty under the following circumstances:
   
   1. When an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction.

   2. In the event Harborstone Credit Union calls all certificates for cashing.

Renewal Policy
The renewal policy for your Certificate account will be set forth on the Certificate Account Receipt. For a renewal account you have a grace period of ten (10) days after maturity in which to withdraw funds in the account without being charged an early withdrawal penalty. If this account will not automatically renew, dividends will not be paid after maturity and the entire deposit will be transferred to your checking or savings account.

Nontransferable/Nonnegotiable
Your account is nontransferable and nonnegotiable. The funds in your account may not be pledged to secure any obligation of an owner, except obligations with Harborstone Credit Union.

The rates appearing in this Rate and Fee Schedule are the accurate rates in effect for certificates as of the effective date indicated on the Certificate Account Rates page. If you have any questions about your accounts, please call Money Express™ or member service at (253) 584-2260 or toll-free at 1-800-523-3641.

Miscellaneous Account Fees

Statement Copy Fee	$2.00
Account History Printout Fee	$2.00