Harborstone Disclosures

BreakFree

APY = annual percentage yield. The BreakFree Checking dividend rates are subject to change at any time. Earn a competitive annual percentage yield up to the maximum balance of $20,000. All balances earn the base annual percentage yield. Requires sign-on to Online Banking one time per month, one direct deposit or ACH withdrawal per month, and 12 debit card/POS transactions of $3 or more each month to earn BreakFree rates. Qualifying transactions must post to and clear account during monthly qualification cycle. Free ATMs nationwide. ATM foreign surcharge fees will be refunded monthly (excludes international ATMs and balance inquiries). Members not meeting requirements will not earn ATM foreign surcharge fee refunds. One account per member. $25 minimum opening deposit; no monthly minimum balance required.

BreakFree Checking dividends will be displayed on the monthly statement as two entries: “Dividend Credit” and “Rewards Credit.” The dividend credit is the base rate earned by all BreakFree members whether or not the account has met the reward rate criteria for the statement cycle. If the criteria for the reward rate have been met, a second entry will display the rewards credit. Because the base dividend has already been paid, the rewards credits will be the reward rate less the base rate. For example, if the BreakFree reward is 3.00% APY and you have earned the reward rate, your statement will show a dividend credit of 0.05% APY and a rewards credit of 2.95 APY.

See our BreakFree Checking Truth-In-Savings agreement.
See our Savings Accounts Truth-In-Savings agreement.
 

Ultimate Value Checking

APY = annual percentage yield. The Ultimate Value Checking dividend rates are subject to change at any time. Tiered dividends earned on entire balance, are calculated daily, and paid monthly. Benefits Plus is free for Ultimate Value Checking account holders. Benefits Plus is available for all members at $2.50 per month. Enroll online for Benefits Plus at benefits-plus.org. Ultimate Value Checking account holders receive up to 10 free withdrawals per month at non-Harborstone ATMs ($1 per withdrawal thereafter). Harborstone Credit Union is not responsible for surcharge fees assessed by ATM owners.

See our Ultimate Value Checking Truth-In-Savings agreement.
 

Teen Checking

Teen Checking account holders receive up to 10 free withdrawals per month at non-Harborstone ATMs ($1 per withdrawal thereafter). Harborstone Credit Union is not responsible for surcharge fees assessed by ATM owners.

See our Teen Checking Truth-In-Savings agreement.
 

Certificates

There is a penalty for early redemption of a certificate, which may affect the principal amount of your certificate. Early-withdrawal penalties are equal to 90 days of dividend earnings. Rates and terms may change at any time. All of your Harborstone combined savings, checking, money market, and certificates are insured to $500,000, including $250,000 by the National Credit Union Administration, an agency of the federal government, and an additional $250,000 by Excess Share Insurance, a private insurer. You can access funds when needed without closing the entire certificate as long as minimum opening balance is maintained for partial withdrawal.

See our Regular and Jet Set Certificate Accounts Truth-In-Savings agreement.
See our Jumbo and Flexible Certificate Truth-In-Savings agreement.
See our Special Certificate Truth-In-Savings agreement.
 

Money Market

Select Money Market account dividends are calculated daily and paid monthly on the daily money market account balance. Dividend rates are variable and may change weekly, usually on Thursdays. A maximum of six withdrawals per month is allowed. A maximum of three checks can be written per month. There is a $20 early-closure fee when account is closed within the first 90 days after opening. A fee of $8 will be charged monthly when balance falls below $1,000.

See our Money Market Account Truth-In-Savings agreement.
See our IRA Accounts Truth-In-Savings agreement.

Mortgage

Harborstone Credit Union originates mortgages in partnership with Credit Union Home Mortgage Solutions (CUHMS). All loans subject to approvals. Your loan rate will be based on your credit qualifications and the amount and term of your loan. All property must be located in Washington.

Reverse Mortgage

Reverse mortgage services are offered through Security Reverse Inc., a Washington state corporation licensed by the Washington Department of Financial Institutions and the federal Department of Housing and Urban Development to counsel and arrange reverse mortgages for Harborstone members. Security Reverse works with Genworth Financial, a Delaware state corporation, which makes the actual reverse mortgage loan according to federal guidelines. Security Reverse and Genworth Financial are not subsidiaries of Harborstone Credit Union, are not owned in any part by Harborstone Credit Union, and are separate companies with which Harborstone associates in order to provide reverse mortgage services for members. As with any major use of your assets, consult with appropriate financial counsel before making your decision. Programs and rates subject to change at any time.

Government Mortgage

Government programs offered through Cobalt Mortgage. All loans subject to approvals. Your loan rate will be based on your credit qualifications and the amount and term of your loan.

Stars and Stripes

Current annual percentage yield for savings is effective as of February 2, 2012 and subject to change. APR = annual percentage rate. Special 0% APR Visa® introductory rate applies to Visa Bonus Rewards and Visa Bonus Rewards PLUS during the first six months or Visa Platinum cards during the first 12 months when you open your new card. After the introductory period, the rate will increase to the current APR. As of December 8, 2012, the undisclosed variable APR for purchases or balance transfers is prime + 6.74% to 14.74% (depending on your credit history). Transaction fees: Balance transfer, convenience check, cash equivalent, and cash advances—either $5 or 3% of the amount of each balance transfer or convenience check amount, whichever is greater; either $20 or 4% of the amount of each cash equivalent transaction, whichever is greater; either $10 or 4% of the amount of each cash advance, whichever is greater. Foreign transaction fees: 2% for purchase/ATM transactions in U.S. dollars; 3% for transactions in foreign currency. Rewards cash back is in the form of a statement credit. Harborstone may offer other rates and terms at any time. To receive special deployment package, the active duty military person must come into a Harborstone Credit Union branch before departure and register. For skip-a-pay coupon, loan account must be current and in good standing. Foreign ATM reimbursements may be made on withdrawals from Iraq ATMs during deployment time. You must provide a receipt before reimbursement will be given.

Visa® Cards

APR = annual percentage rate. Special 0% APR Visa introductory rate applies to Visa Bonus Rewards and Visa Bonus Rewards PLUS during the first six months or Visa Platinum cards during the first 12 months when you open your new card. After the introductory period, the rate will increase to the current APR. As of December 8, 2012, the undisclosed variable APR for purchases or balance transfers is prime + 6.74% to 14.74% (depending on your credit history). Transaction fees: Balance transfer, convenience check, cash equivalent, and cash advances—either $5 or 3% of the amount of each balance transfer or convenience check, whichever is greater; either $20 or 4% of the amount of each cash equivalent transaction, whichever is greater; either $10 or 4% of the amount of each cash advance, whichever is greater. Foreign transaction fees: 2% for purchase/ATM transactions in U.S. dollars; 3% for transactions in foreign currency. Rewards cash back is in the form of a statement credit. APRs, fees, and other account terms may change at any time. The creditor, issuer and service provider is Elan Financial Services, pursuant to a license from Visa U.S.A. Inc.

Vehicle Loans

Your loan rate will be based on your credit qualifications and the amount and term of your loan. All loan approvals and collateral must meet Harborstone Credit Union lending policies. Harborstone Credit Union may offer other rates and terms at any time. A 25% down payment is required for RV loans that exceed $35,000. A 15% down payment is required on all motorcycles.

Harborstone Investment and Insurance

Harborstone Investment and Insurance is a marketing name for Cetera Investment Services. Securities, insurance products and advisory services are offered through Cetera Investment Services LLC, member FINRA/SIPC. Investments are: • Not FDIC/NCUSIF insured • May lose value • Not financial institution guaranteed • Not a deposit • Not insured by any federal government agency. Cetera is not affiliated with the financial institution where investment services are offered.

View Cetera Investment Services privacy policy and other important information.

Financial Professionals are registered to conduct securities business and licensed to conduct insurance business in limited states. Response to, or contact with residents of other states will only be made upon compliance with applicable licensing and registration requirements. The information in this website is for U.S. residents only and does not constitute an offer to sell, or a solicitation of an offer to purchase brokerage services to persons outside of the United States.

Trust Services

Trust services provided by MEMBERS Trust Company. Trust and Investment products are not federally insured, are not obligations of or guaranteed by the credit union or any affiliated entity, involve investment risks, including the possible loss of principal.

Protection Plus

Protection Plus is noncontractual and is discretionary. It is not a Harborstone Credit Union obligation, and Harborstone may refuse to provide the service on any checking account at any time. The member does not have a contractual right to overdraft protection, nor is it guaranteed by the extended overdraft policy. Maintaining an account in good standing is defined as making regular deposits to sufficiently cover transactions, bringing account to a positive balance at least once every 15 days, and having no outstanding legal orders to the contrary. $30 fee is charged per debit/POS, ATM, NSF check, and ACH transaction overdrawing the account. All checking accounts 31 days old or older in good standing are eligible.