Disclosures

TRUTH-IN-SAVINGS DISCLOSURE
REGULAR SHARE ACCOUNT

Last Declared Dividend Rate:   As of the last dividend declaration date, the dividend rate was ____rates ____% with an annual percentage yield
(APY) of _________________% on your account.
Nature of Dividends: Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period.
Rate Information: The dividend rate and annual percentage yield may change at any time, as determined by the Statewide Federal Credit Union board of directors.
Compounding and Crediting: Dividends will be compounded every month.  Dividends will be credited to your account every month.
Dividend Period: For this account type, the dividend period is monthly, for example, the beginning date of the first dividend period of the year is January 1, and the ending date of such dividend period is January 31.  All other dividend periods follow this same pattern of dates.  The dividend declaration date follows the ending date of a dividend period, and, for the above example would be February 1.
Minimum Balance Requirements: The minimum balance required to open this account is $25.00.
You must maintain a minimum daily balance of $25.00 in your account each day to obtain the disclosed annual percentage yield.
Daily Balance Computation Method: Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
Accrual of Dividends on Noncash Deposits – Dividends will begin to accrue on the business day you deposit noncash (for example, checks) in your account.
Transaction Limitations – During any month, you may not make more than six withdrawals or transfers to another credit union account of yours or to a third party by means of a preauthorized or automatic transfer, telephonic order or instruction, or similar order to a third party.  If you exceed the transfer limitations set forth above, your account will be subject to closure by the credit union.
We reserve the right to, at any time, require not less than 60 days notice in writing before each withdrawal from an interest-bearing account other than a time deposit, or from any other savings account as defined by Regulation D.
Par Value of a Share: The par value of a share in this account is $25.00.
National Credit Union Share Insurance Fund: Member accounts in the Statewide Federal Credit Union are federally insured by the National Credit Union Share Insurance Fund.

TRUTH-IN-SAVINGS DISCLOSURE
CHRISTMAS CLUB ACCOUNT

Last Declared Dividend Rate:   As of the last dividend declaration date,
the dividend rate was ____rates _____% with an annual percentage yield
(APY) of _________________% on your account.
Nature of Dividends: Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period.
Rate Information: The dividend rate and annual percentage yield may change at any time, as determined by the Statewide Federal Credit Union board of directors.
Compounding and Crediting: Dividends will be compounded every month.  Dividends will be credited to your account every month.
Dividend Period: For this account type, the dividend period is monthly, for example, the beginning date of the first dividend period of the year is January 1, and the ending date of such dividend period is January 31.  All other dividend periods follow this same pattern of dates.  The dividend declaration date follows the ending date of a dividend period, and, for the above example would be February 1.
Minimum Balance Requirements: No minimum balance requirements apply to this account.
Daily Balance Computation Method: Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
Accrual of Dividends on Noncash Deposits – Dividends will begin to accrue on the business day you deposit noncash (for example, checks) in your account.
Transaction Limitations – During any month, you may not make more than six withdrawals or transfers to another credit union account of yours or to a third party by means of a preauthorized or automatic transfer, telephonic order or instruction, or similar order to a third party.  If you exceed the transfer limitations set forth above, your account will be subject to closure by the credit union.
We reserve the right to, at any time, require not less than 60 days notice in writing before each withdrawal from an interest-bearing account other than a time deposit, or from any other savings account as defined by Regulation D.
Par Value of a Share: The par value of a share in this account is $25.00.
National Credit Union Share Insurance Fund: Member accounts in the Statewide Federal Credit Union are federally insured by the National Credit Union Share Insurance Fund.

TRUTH-IN-SAVINGS DISCLOSURE
IRA SHARE SAVINGS ACCOUNT

Last Declared Dividend Rate:   As of the last dividend declaration date,
the dividend rate was ____rates _____% with an annual percentage yield
(APY) of _________________% on your account.
Nature of Dividends: Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period.
Rate Information: The dividend rate and annual percentage yield may change at any time, as determined by the Statewide Federal Credit Union board of directors.
Compounding and Crediting: Dividends will be compounded every month.  Dividends will be credited to your account every month.
Dividend Period: For this account type, the dividend period is monthly, for example, the beginning date of the first dividend period of the year is January 1, and the ending date of such dividend period is January 31.  All other dividend periods follow this same pattern of dates.  The dividend declaration date follows the ending date of a dividend period, and, for the above example would be February 1.
Minimum Balance Requirements: No minimum balance requirements apply to this account.
Daily Balance Computation Method: Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
Accrual of Dividends on Noncash Deposits – Dividends will begin to accrue on the business day you deposit noncash (for example, checks) in your account.
Transaction Limitations – During any month, you may not make more than six withdrawals or transfers to another credit union account of yours or to a third party by means of a preauthorized or automatic transfer, telephonic order or instruction, or similar order to a third party.  If you exceed the transfer limitations set forth above, your account will be subject to closure by the credit union.
We reserve the right to, at any time, require not less than 60 days notice in writing before each withdrawal from an interest-bearing account other than a time deposit, or from any other savings account as defined by Regulation D.
Par Value of a Share: The par value of a share in this account is $25.00.
National Credit Union Share Insurance Fund: Member accounts in the Statewide Federal Credit Union are federally insured by the National Credit Union Share Insurance Fund.

TRUTH-IN-SAVINGS DISCLOSURE
MONEY MANAGEMENT ACCOUNT

Last Declared Dividend Rate:   As of the last dividend declaration date,
the dividend rate was _____rates ____% with an annual percentage yield
(APY) of _________________% on your account.
Nature of Dividends: Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period.
Rate Information: The dividend rate and annual percentage yield may change at any time, as determined by the Statewide Federal Credit Union board of directors.
Compounding and Crediting: Dividends will be compounded every month.  Dividends will be credited to your account every month.
Dividend Period: For this account type, the dividend period is monthly, for example, the beginning date of the first dividend period of the year is January 1, and the ending date of such dividend period is January 31.  All other dividend periods follow this same pattern of dates.  The dividend declaration date follows the ending date of a dividend period, and, for the above example would be February 1.
Minimum Balance Requirements: No minimum balance requirements apply to this account.
Daily Balance Computation Method: Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
Accrual of Dividends on Noncash Deposits – Dividends will begin to accrue on the business day you deposit noncash (for example, checks) in your account.
Transaction Limitations – During any month, you may not make more than six withdrawals or transfers to another credit union account of yours or to a third party by means of a preauthorized or automatic transfer, telephonic order or instruction, or similar order to a third party.  If you exceed the transfer limitations set forth above, your account will be subject to closure by the credit union.
We reserve the right to, at any time, require not less than 60 days notice in writing before each withdrawal from an interest-bearing account other than a time deposit, or from any other savings account as defined by Regulation D.
Par Value of a Share: The par value of a share in this account is $25.00.
National Credit Union Share Insurance Fund: Member accounts in the Statewide Federal Credit Union are federally insured by the National Credit Union Share Insurance Fund.

TRUTH-IN-SAVINGS DISCLOSURE
SHARE CERTIFICATE

Rate Information: The dividend rate on your _____- month share
certificate is ____rates ___% with an annual percentage yield (APY) of
_____________%.  You will be paid this rate until first maturity.
Compounding Frequency: Unless otherwise paid, dividends will be
compounded every month.
Crediting Frequency: Dividends will be credited to your account every month.  Alternatively, you may choose to have dividends paid to you or another account each month, rather than credited to this account.
Dividend Period: For this account type, the dividend period is monthly.
Minimum Balance Requirements: The minimum balance required to open this account is $1,000.00.
You must maintain a minimum daily balance of $1,000.00 in your account each day to obtain the disclosed annual percentage yield.
Daily Balance Computation Method: Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
Accrual of Dividends on Noncash Items: Dividends will begin to accrue on the business day you deposit noncash (for example, checks) to your account.
National Credit Union Share Insurance Fund: Member accounts in the Statewide Federal Credit Union are federally insured by the National Credit Union Share Insurance Fund.
Transaction Limitations: After the account is opened, you may not made additions into the account until the maturity date stated on the account.
You may not make withdrawals of principal from your account before maturity.
You can only withdraw dividends credited in the term before maturity of that term without penalty.  You can withdraw dividends anytime during the term of crediting after they are credited to your account.  This dividend withdrawal limitation does not apply if you have made arrangements to have dividends paid to you or to another account in lieu of having them credited to this account.
Time Requirements:
Your share certificate will mature as indicated on the certificate.
Early Withdrawal Penalties (a penalty may be imposed for withdrawals before maturity):
If your account has an original maturity of 12 months or less, the penalty we may impose will equal 30 days’ dividends on the amount withdrawn subject to penalty.
If your account has an original maturity of more than 12 months, the penalty we may impose will equal 90 days’ dividends on the amount withdrawn subject to penalty.
There are certain circumstances, such as the death or incompetence of an owner, where we may waive or reduce this penalty.  See your plan disclosure if this account is part of an IRA or other tax qualified plan.
Withdrawal of Dividends Prior to Maturity: The annual percentage yield is based on an assumption that dividends will remain in the account until maturity.  A withdrawal will reduce earnings.
Automatically Renewable Account: This account will automatically renew at maturity.  You may prevent renewal if we receive written notice from you before maturity of your intention not to renew or you withdraw the funds in the account at maturity (or within the grace period mentioned below, if any).  We can prevent renewal if we mail notice to you at least 30 calendar days before maturity.
____   If either you or we prevent renewal, dividends will not accrue after final maturity.
_____ If either you or we prevent renewal, your deposit will be placed in a dividend-bearing account.
Each renewal term will be the same as the original term, beginning on the maturity date.  The dividend rate will be the same we offer on new term share accounts on the maturity date which have the same term, minimum balance (if any), and any other features as the original term account.
There is no grace period following the maturity of this account during which you may withdraw the funds without being charged an early withdrawal penalty.

TRUTH-IN-SAVINGS DISCLOSURE
CHECKING ACCOUNT

Minimum Balance Requirements: No minimum balance requirements apply to this account.
Transaction Limitations –  We reserve the right to, at any time, require not less than 60 days notice in writing before each withdrawal from an interest-bearing account other than a time deposit, or from any other savings account as defined by Regulation D.
Par Value of a Share: The par value of a share in this account is $25.00.
National Credit Union Share Insurance Fund: Member accounts in the Statewide Federal Credit Union are federally insured by the National Credit Union Share Insurance Fund.

VISA GIFT CARD TERMS AND DISCLOSURE
Terms and Conditions:

The following are your Statewide Visa Gift Card Terms and Conditions. In these Terms and Conditions “you” or “your” means the person who has received the Statewide Visa Gift Card; “we”, “us” or “our” means Statewide Federal Credit Union; “Card” means the Statewide Visa Gift Card. Please read the following carefully and keep them for your records. Upon receipt, the Gift Card should be signed immediately. By accepting and using your Card, you are agreeing to these Terms and Conditions.

Gift Card Usage:
Your Statewide Visa Gift Card is issued by Statewide Federal Credit Union and may be used for purchases at most merchants where Visa Debit is accepted. The card may not be used at some merchants including airlines, recurring payments, and non-financial money exchange establishments, hotels, gambling establishments, rental car agencies or “pay at the pump” gasoline. (You may purchase gas by presenting the card to the attendant). Some merchants, like restaurants, may attempt to submit authorizations against the card for an amount greater than the actual purchase amount. If a merchant attempts an authorization greater than the balance remaining on your gift card, it may be declined.

Before using your Statewide Visa Gift Card, you must activate it by calling the number on the sticker on your card from your home phone number or by registering the card on the Gift Card Website, which can be accessed at www.statewidefcu.org. You must sign the back before you can use the Card.

This Gift Card is not a credit card. You may only use it when there is a balance remaining on the card and only up to the amount left on the card. Purchases will be deducted from your Statewide Visa Gift Card until the value reaches zero. If you are given value through the use of the Card greater than the balance remaining, you will pay us on demand the amount by which your transactions exceeded the balance remaining on the Card.

The Statewide Gift Card is non-reloadable and cannot be reused. There will be a $1.50 inactivity fee charged each month after the card has been inactive for 6 months..

If you use your gift card for a transaction in a foreign currency the transaction will be converted to U.S. dollars in accordance with applicable Visa operating regulations for international transactions. The conversion rate in dollars will be a rate selected by Visa from a range of rates available in wholesale currency markets for the applicable Central Processing Date, which rate may vary from the rate Visa itself receives, or the government mandated rate in effect for the applicable Central Processing Date in each instance, plus or minus any adjustment determined by the issuer.


You have requested a website outside of statewidefcu.org.

By accessing this link, you will be leaving the Statewide Federal Credit Union website and entering a website hosted by another party. Statewide Federal Credit Union has approved this website as a reliable partner site. Please be advised that you will no longer be subject to, or under the protection of, the privacy and security policies of the Statewide Federal Credit Union website. We encourage you to read and evaluate the privacy and security policies of the site you are entering which may be different from those of the Statewide Federal Credit Union.

Click the link below to continue or CANCEL to remain within the Statewide Federal Credit Union website.

Cancel Accept