Welcome to Partners 1st Federal Credit Union and thank you for opening an account with us!

By signing the Membership Account Agreement and depositing money in your account, you and Partners 1st Federal Credit Union agree to the following applicable terms of your account. The words “you” and “yours” mean anyone who signs a Membership Application and the words “we”, “us”, “our”, and “credit union” refer to Partners 1st Federal Credit Union. The word “account” means any one or more accounts you have with us. An IRA is governed by the terms of the IRA Disclosure.

This agreement supplements the terms of the Membership Application. Not all the terms spelled out in this disclosure apply to every account. Refer to the sections that apply to the specific type of account that you opened. Keep this Agreement, as well as a copy of the original account receipt, with your permanent documents. Your periodic statements will tell you the status of your account(s).

MEMBERSHIP ELIGIBILITY

You are eligible to join Partners 1st Federal Credit Union if:

  • You work for one of our sponsor companies which is eligible under Partners1st FCU Charter.
  • You are retired from one of our sponsor companies which is eligible under Partners1st FCU Charter.
  • You are an immediate family member to a person who is eligible to be a Partners1st FCU member.
  • You live or work in a selected geographical area.

ACCOUNT VERIFICATION

To comply with the USA Patriot Act, we will ask for your name, address, date of birth, and other information that will allow us to identify you, such as a driver’s license or other identifying documents.

GENERAL TERMS

The person(s) signing the Membership Application are joint owners of all non-IRA and non-HSA account proceeds, including all non-IRA and non-HSA dividends, with right of survivorship. You may deposit or withdraw any available amount in the non-IRA and non-HSA account. We are authorized to recognize any of the joint owners’ signatures found on the Membership Application in the payment of funds or the transaction of any business for the account, with the exception that, regarding IRA’s and HSA’s, joint owners’ signatures do not apply. This includes transactions on all Savings accounts, Money Market, Checking, and all other non-IRA and non-HSA deposits and/or Certificates which are subparts of the account. Any or all of the joint owners may pledge all or any part of the funds in the non-IRA and non-HSA account as collateral security to a loan or loans. Either signer can terminate the other signer’s rights by withdrawing all the money from the non-IRA and non-HSA account and opening a new account. Should any signer die, the other signer(s) will automatically own any funds in the non-IRA and non-HSA account. Payment to any joint owner or the survivor or survivors shall be valid and discharge us from any liability for such payment. When only one signer is on the Membership Application, the non-IRA and non-HSA account proceeds will transfer at his/her death to any named pay-on-death (POD) beneficiaries, or if none named, to his/her estate. A power of attorney which meets legal requirements will permit a non-signer to access your account. Either spouse has a right to set up an account in their own name without the consent of the other spouse, whether or not the account owner has a designated POD beneficiary. All transactions shall be governed by this Agreement, Partners1st FCU bylaws and procedures, as well as applicable laws in their present form or as changed in the future. Payment on the funds in the account on the written instructions of any authorized person excuses us of any further legal obligation regarding the proceeds of the transaction. You agree to indemnify and hold us harmless from any suit or liability directly or indirectly resulting from the handling of the account consistent with the written instructions of any authorized person. We have the right to refuse to honor your instructions if they are uncertain or the signature appears not to be authentic. If any provided statements, vouchers, and notices are returned undelivered, we are authorized to destroy them. Any change in the account authorization, ownership, or access, shall be in writing and on a standard credit union membership authorization form. Use of the singular in this Agreement implies the plural if more than one person signs the Membership Application.

LIABILITY

If the account is overdrawn or has a negative balance, or you issue a check that results in the account being overdrawn, you authorize us to use funds in the account to pay your overdrawn or negative balance account or your delinquent loan(s). Each of you agrees to the terms of this account and the fees that we impose. You authorize us to deduct these charges directly from the account. Each of you agrees to be jointly and individually liable for any account deficit resulting from charges or overdrafts, whether you or someone else that is authorized to withdraw from the account caused them. You will also be liable for our costs to collect any deficit, including reasonable attorney fees, to the extent permitted by law.  Whether your overdrafts will be paid is discretionary and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing or there are not sufficient funds or avenues to pay. A fee may be imposed for overdrafts created by checks, in-person withdrawals, and other electronic means as applicable.

STATEMENTS

You will receive a statement monthly from us if you have a checking account with activity or if you have an electronic funds transfer. For other accounts, you will receive a statement at least annually.

ERROR RESOLUTION

You must examine your statement of account with reasonable promptness. Unless we receive from you within 14 days of the date your account statement was provided, a written objection concerning an item on such statement, you waive any objection or claim of error you have as to each item on the statement. Some electronic transactions require a longer resolution time – Refer to the error resolution section under Electronic Funds Transfer.

DIRECT DEPOSIT

If, in connection with a direct deposit plan, we deposit any amount in this account which should have been returned to the
Federal Government for any reason, you authorize us to return the  amount to the Federal Government from this account or from any other account you have with us, without prior notice, and at any time, except as prohibited by law. We may also use any other legal remedy to recover the amount of the direct deposit.

SETOFF

You agree that we may (without prior notice and when permitted by law) set off the funds in this account against any due and payable debt owed to us now or in the future, by any of you having the right to withdraw, to the extent of such person’s or legal entity’s right to withdraw. We will not be liable of the dishonor or any check or draft when the dishonor occurs because we charge and deduct an amount you owe us from your account. You agree to hold us harmless from any claim arising as a result of our exercise of our right to repayment.

WITHDRAWALS

We are not obligated to honor a withdrawal request which exceeds the account balance. Nor are we obligated to pay a check/share draft dated more than 6 months before the date of presentment. We may pay such check or withdrawal request and charge the amount of any resulting overdrafts against the account or any other account you may have with us (whether such account is in your name or is joint with anyone else.) Unless we are negligent, we are not liable for any action we take regarding payment or non-payment of account funds. If more than one person signs, you each authorize us to pay funds from, or transact any business concerning, the account at the request or direction of any one of you acting alone. Any such request shall not affect prior payments or transactions. You may use only methods we approve to withdraw funds from the account. You authorize us to pay checks issued by any of you, and to charge such payments to the account. We reserve the right to require you to notify us of your intention to withdraw shares as explained in our bylaws.

ACCOUNT CLOSING

We have the right to close an account for any business reason. Any termination of the account will not affect our handling of regular transactions prior to closing. Reasons for closing the account may include failure to provide funds sufficient to pay the checks you write, failure to keep up current loan payments, filing for bankruptcy relief, committing any fraudulent acts such as check kiting, or failure to observe the conditions of any other agreement with us.

AMENDMENTS

We may amend all terms and conditions at any time. For changes other than rates, we will give you advance notice as required in writing or by any other method as permitted by law or regulation. Such notice may be mailed to you at the last address of record on our files. If, however, an immediate change in terms and conditions is necessary for security reasons, we may amend these terms and conditions without prior notice.

TYPES OF OWNERSHIP

INDIVIDUAL ACCOUNT- If you open an account by yourself, it is called an individual account unless you authorize another signer, you are the only person who may use the account.

JOINT ACCOUNT- When establishing a joint owner on your account you hereby agree with each other and with the credit union that all sums paid into the account by any or all of said joint owners, together with all accumulations thereon, are and shall be owned by them jointly, with right of survivorship, and shall be subject to withdrawal or receipt by any of them. Payment in accordance with such proper demand shall be valid and shall discharge the credit union from any liability for such payment. The credit union is hereby authorized to recognize the signer(s) provided on the Membership application in the payment of funds or the transaction of any business for this account. However, no individual may be removed as an owner of this account, except upon death, without that individual’s consent. No beneficiary of this account may be changed except with the consent of all living owners. The right or authority of the credit union under this agreement shall not be changed or terminated by any owner except by written notice to the credit union. Such notice shall not affect any transactions made prior to the receipt of this notice by the credit union.

CHECKING ACCOUNTS

Checking accounts must be applied for and are subject to approval. Information from credit reporting agencies may be used to determine approval. The following additional terms apply:

  1. We will make payments on checks drawn on available funds in your Checking account when signed by any person authorized on your Membership Application.  Withdrawals may also be made in person, with an ATM and/or debit card, by using 1st Online, or Automated Clearing House (ACH). The use of an ATM and/or debit card and Personal Identification Number is governed by the Debit/ATM section of this agreement.
  2. We are under no obligation to pay a check on which the date is more than six months old.
  3. We are relieved of all liability for items lost in delivery by U.S. Mail or otherwise.
  4. Non-cash deposits in the account cannot be used for payment of your checks until they are paid by the financial institution on which they are drawn or the period permitted by Regulation CC for collection has passed. The delay in permitting you to use such deposits is detailed in the section of this disclosure called “Check Hold Policy”.
  5. We are under no obligation to pay a check or debit which exceeds the balance in the Checking account. You may choose an overdraft option to cover the possibility of a check or debit exceeding the Checking account balance. If there are not enough funds in either your Checking account or in your overdraft option account or loan, we may return “NSF” any checks or debits presented for payment to the payee’s financial institution. The credit union may, at its discretion, honor payment of a check or debit which exceeds your available balance. Should this occur, you agree to repay the credit union any and all sums associated with such payment, including any associated fees. Refer to our Rate and Fee Disclosure for a complete listing of our Checking account fees.
  6. Except for negligence, we are not liable for any action we take regarding the payment or non-payment of a check.
  7. Post-dated checks may be cashed if presented for payment by the payee before the date. We will not be liable for the consequences of such early payment.
  8. We allow electronic check transactions to post to your Checking account.
  9. We will provide monthly statements recording all deposits, checks drawn on your account, dividends if any, and charges. If there are two authorized signatures on your account, the statement will be provided to the primary member. Copies of checks, statements, and account histories are available. Service fees for these copies are listed in the Rate and Fee Disclosure. You will not receive the cancelled checks, although all checks are stored electronically retained in that form for seven years.
  10. If we correct any error which we made, or accept responsibility for a transaction, we have the right to collect the amount credited to your account from anyone else who is responsible. Our crediting your account will result in an automatic assignment to us of your rights to collect the amount from anyone else.  If we make an error in handling your account, our liability will be limited to the actual amount of the check. We will not be liable for consequential damages such as alleged harm to your credit standing, unrealized profits, emotional distress, or exemplary damages due to a claimed recklessness.
  11. Funds deposited in this account may not be pledged as security for a loan.

OVERDRAFT PROTECTION

Overdraft protection for checks, ACH, ATM and POS transactions is available on most checking accounts. Visit the Overdraft Protection page for specific fees and more information. Funds will automatically transfer from your Savings account, and if qualified, privilege pay. In addition, you may elect to have the overdraft protection funds transferred into your Checking account from your Line-of-Credit accounts. We are under no obligation to pay a transaction which exceeds the balance of the Checking account.  We may, however, pay such a check or debit and charge the amount of the resulting overdraft (plus the overdraft transfer charge) against any other savings account from which the signor of the Checking account is entitled to withdraw. If the presentation of a check or debit would result in the Checking account being overdrawn, and if at that time you are eligible to receive advances from a Line-of-Credit plan or privilege pay, such a check or debit shall be deemed a request to advance from those plans sufficient to permit the check or debit to be honored and the related overdraft transfer charge or paid item charge to be paid as long as sufficient funds are available. We may, at our discretion, honor payment of a check or debit which exceeds the available balance in your Checking account, overdraft option account, or Line-of- Credit plan. If such an item is honored, you agree to repay us any and all sums associated with the payment, including any associated fees.

CHECK HOLD/FUNDS AVAILABILITY POLICY

Our policy is to make funds from your deposits available to you as quickly as possible. Non cash deposits will be credited, conditioned on our receipt of final payment. No later than the next business day after the business day the funds are deposited,  you can withdraw funds in cash and we will use the funds to pay checks that you have written.

If you make a deposit on a business day that we are open, we will consider that day to be the day of deposit. Electronic direct deposits will be available on the day we receive the deposit.  If you make a deposit on a day we are not open, we will consider that the deposit was made on the next business day we are open. Deposits made after 9 a.m. at our night depository may not be credited until the next business day. Deposits made after 3 p.m. via the DeposZip service will be credited the next business day.

Please remember that even after we have made funds available to you, and you have withdrawn the funds, you are still responsible for checks you deposit that are returned to us unpaid and for any other problems involving your deposit.

Funds deposited at an ATM will be automatically held for 1 business day (24 hours).  Checks deposited for $2500 or more at an ATM not operated by us may not be available for withdrawal until the 5th business day following the deposit.

Longer delays may apply

In some cases, we will not make all of the funds that you deposit by check available to you immediately. Any check of $2500 or more may be held for up to 2 business days. However, the first $200 of your deposit will be available immediately.

Exceptions to the hold policy above include the following items. These items must be made payable to you and be less than $20,000:

  1. U.S. Postal Money Orders, Travelers Checks, Trust Account Checks
  2. US Treasury checks, wire transfers, insurance company checks
  3. State and local government checks, cashiers checks, certified and teller counter checks
  4. Federal Reserve Bank checks, Federal Home Loan Bank checks
  5. Payroll checks regularly received, escrow account checks

For exception checks totaling over $20,000, we will make the first $20,000 immediately available and place the applicable 2 day hold on the remaining amount. If we are not going to make all of the funds from your deposit immediately available, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made directly to one of our employees, or if we decide to take this action after you have left the premises, we will mail you the notice by the day after we receive your deposit. If you need the funds from a deposit right away, you should ask us when the funds will be available.

In addition, any funds you deposit may be delayed for a longer period under the following circumstances:

  1. We believe a check you deposit will not be paid.
  2. You deposit checks totaling more than $20,000 on any one day.
  3. You redeposit a check that has been returned unpaid
  4. You have overdrawn your account repeatedly in the last six months.
  5. There is an emergency, such as failure of communications or computer equipment.

We will notify you if we delay your ability to withdraw funds for any of these reasons, and we will tell you when the funds will be available. They will generally be available no later than the 7th business day after the day of your deposit.

Holds on other funds

If we cash a check for you that is drawn on another financial institution, we may withhold the availability of a corresponding amount of funds that are already available in your account. Those funds will be available at the time funds from the check we cashed would have been available if you had deposited it. If we accept a check for deposit drawn on another financial institution, we may make funds from the deposit available for withdraw immediately but delay the availability to withdraw a corresponding amount of funds that you have on deposit in another account with Partners1st FCU. The funds in the other account would then not be available for withdrawal until the time periods that are described elsewhere in this agreement for the type of check deposited.

Special Rules for new accounts:  If you are a new member, the following special rules may apply during the first 30 days your account is open. We reserve the right to hold any check deposited and funds may not be available until the 7th business day after the day of your deposit.  Exceptions to this hold policy are listed above.

STOP PAYMENT ORDERS

You can stop payment on any check drawn on your account before the check has been cleared for payment by notifying us verbally or in writing. Verbal notification should be followed with a signed stop payment form within 14 days. Stop payment orders are valid for six months. Stop payment fees are covered in our Rate and Fee Disclosure.

a. You may request a stop payment order on any draft drawn on your account. To be binding, an order must be dated, signed, and describe the account and draft number and the exact amount. The stop payment will be effective if we receive the order in time for us to act upon the order and you state the number of the account, number of the draft, and its exact amount. You understand that the exact information is necessary for us to identify the draft. If you give us incorrect or incomplete information, we will not be responsible for failing to stop payment on the draft. If the stop payment order is not received in time for us to act upon the order, we will not be liable to you or to any other party for payment of the draft. If we re-credit your account after paying a draft over a valid and timely stop payment order, you agree to sign a statement describing the dispute with the payee, to transfer to us all of your rights against the payee or other holders of the draft and to assist us in any legal action.
b. We have no obligation to stop a Partners 1st FCU Cashier’s Check bought by you since generally payment of this type of check drawn on the credit union’s account is guaranteed.

ELECTRONIC FUNDS TRANSFERS

This applies to transfers made by ATM and/or debit cards that are covered by Regulation E governing electronic funds transfers.

Limitations

  1. The daily limit for point of sale transactions is $1500.
  2. The daily limit for ATM withdrawals is up to $520. 
  3. Transactions made through ATMs are processed on the same day.
  4. Higher daily limit are available upon request. Please call our Contact Center at 260.471.8336 or 800.728.8943 or your nearest branch office.
  5. All funds deposited at an ATM are subject to verification and our check hold policies.

General Terms

  1. Business days are Monday through Friday, excluding holidays. All ATM deposits will be subject to a 1 business day hold.
  2. Your card may not be used as payment for any illegal purchase. We may restrict authorization of such transactions, which may include, but is not limited to, Internet gambling transactions.
  3. If you believe your card has been lost or stolen or that someone has transferred money from your account without your permission, call 800.728.8943 or 260.471.8336 between 8am-6pm Mon-Fri or 9am-Noon Sat (EST), or after hours, call 866.304.8684. Or write Partners 1st Federal Credit Union, 1330 Directors Row, Fort Wayne, IN  46808.
  4. We will disclose information to third parties about your account or the transfers you make: 1) where it is necessary for completing transfers, or 2) in order to verify the existence and condition of your account for third parties, such as a credit bureau or merchant, or 3) in order to comply with a government agency or court order, or 4) if you give us permission.
  5. If you have arranged to have a direct deposit made to your account at least once every 60 days from the same person or company, you can use 1st Online or call us at 260.471.8336 or 800.728.8943 to find out whether or not the deposit has been made.
  6. A monthly statement will be provided unless there are no transfers in a particular month. In any case, you will be provided a statement at least annually.
  7. You may be charged a fee if you initiate a transaction at an ATM that is not operated by Partners 1st FCU. The fee may be imposed by a national, regional, or local automated transfer network that is used to facilitate the transaction.

Stop Payment Orders

a) If you have told us in advance to make regular payments out of your account, you can stop any of these payments. Call us at: 260.471.8336 or 800.728.8943 or write us at: 1330 Directors Row Fort Wayne, IN 46808 in time for us to receive your request 3 business days or more before the payment is scheduled to be made. If you call, we will require you to put your request in writing and get it to us within 14 days after your call. Refer to the Rate and Fee Schedule for stop payment fees.
b) If these regular payments may vary in amount, the person you are going to pay will tell you 10 days before each payment, when it will be made and how much it will be. You may choose instead to get this notice only when the payment would differ by more than a certain amount from the previous payment, or when the amount would fall outside certain limits that you set.
c) If we re-credit your account after paying a draft over a valid and timely stop payment order, you agree to sign a statement describing the dispute with the payee, to transfer to us all of your rights against the payee or other holders of the draft and to assist us in any legal action.

Liability for Unauthorized Transfers and optional disclosure of advisability of prompt reporting:

Visa point of sale transactions– There is $0 liability for unauthorized Visa (point of sale) transactions if you demonstrate that you have exercised care with your card, you have not reported 2 or more incidents of unauthorized use on your account within the preceding 12 months, and your account is in good standing.

Non-Visa Debit or ATM card transactions – If you notify Partners1st FCU within two business days after learning of the loss or theft of your debit or ATM Card, your liability shall not exceed $50 for unauthorized ATM transactions. If you fail to notify Partners 1st within two business days, and we can prove we could have stopped someone from using your card without your permission if you had told us, you could lose up to $500 for unauthorized ATM transactions. If you fail to report any unauthorized electronic fund transfer that appears on the statement within 60 days after the statement was mailed, your liability shall not exceed the sum of:

a. the lesser of $500 or the amount of unauthorized electronic fund transfers that appear on the periodic statement or that occur during the 60-day period, and
b. the amount of unauthorized electronic fund transfers that occur after the close of the 60 days and before notice to Partners1st FCU and that Partners1st FCU establishes would not have occurred but for the failure of the member to notify Partners1st FCU within that time.

Electronic Funds Transfer Error Resolution Procedures

Notify us no later than 60 days after we provide the first statement on which the ATM or debit problem or error appeared. Call us at 260.471.8336 or 800.728.8943 or write us at: Partners 1st ; 1330 Directors Row, Fort Wayne, Indiana 46808. Notification must:

  1. Tell us your name and account number.
  2. Describe the error of the transaction you are unsure about, and explain as clearly as you can why you believe there is an error or why you need more information.
  3. Tell us the dollar amount of the suspected error.
  4. Include your signature.

We will investigate your complaint and will correct any error promptly. We will attempt to give you an answer within ten business days. If we need more time, however, we may take up to 45 days to investigate your complaint or question. If we decide to do this, we will provisionally re-credit your account within ten business days for the amount you think is in error, so that you will have use of the money during the time it takes us to complete our investigation. If we ask you to put your complaint or question in writing and we do not receive it within ten business days, we may not re-credit your account. For errors involving your debit card at POS terminals, the periods referred to above are 5 business days instead of 10 business days and 90 days instead of 45 days. If circumstances or account history warrants a delay, we reserve the right to withhold provisional credit for up to 20 days for Visa (POS) transactions.

If we decide that there was no error, we will send you a written explanation within three business days after we finish our investigation. If your account has been re-credited and no error is found, the funds will be withdrawn at the time the written explanation is sent. You may ask for copies of the documents that we used in our investigation.

Member Agreement for Using ATM and/or Debit Card

  1. Your card is non-transferable and is the property of Partners1st FCU. You must agree to surrender them to the credit union upon request.
  2. Partners1st FCU may cancel, modify and restrict the use of your ATM and/or debit card upon proper notice or without notice if your account is overdrawn or where necessary to maintain or restore the security of accounts on the Debit/ATM system.
  3. ATM and/or debit cards must be applied for and are issued subject to approval. Information from credit reporting agencies may be used for approval purposes.
  4. All terms and agreements between yourself and Partners1st FCU regarding your savings and loan accounts shall govern all transactions for which you use your ATM and/or debit card. You shall be bound by these terms and agreements including, but not limited to, the payment of attorney’s fees and costs if any.
  5. Transactions are subject to limitations on dollar amounts and frequency of use, as determined by Partners 1st FCU. The accounts to be used in conjunction with the machine will be those agreed to between you and Partners 1st FCU. Use of the machine shall be evidenced by a record of each transaction. All transactions will be verified by Partners 1st FCU and entered into the credit union’s account records. Any deposit receipts issued by the machine are subject to verification to effect daily reconciliation of cash actually received.

PRIVACY NOTICE

Partners 1st Federal Credit Union’s purpose is to provide you with financial services to meet your financial goals. While information is the cornerstone of our ability to provide service, our most important asset is our members’ trust. Therefore, we are committed to the Partners 1st Federal Credit Union Privacy Policy set forth as follows:

We collect nonpublic personal information about you from the following sources:

  • Information we receive from you on applications and other forms;
  • Information about your transactions with us, our affiliates, or others;
  • Information we receive from a credit reporting agency; and
  • Information obtained when verifying the information you provide on an application (this may be obtained from your current or past employers, or from other institutions that conduct financial transactions).

We may disclose the following kinds of nonpublic personal financial information about you:

  • Information we receive from you on applications and other forms, such as your name, address, social security number, and income
  • Information about your transactions with us or other companies that work closely with us to provide you with financial products and services such as your account balances, payment history and credit card usage
  • Information we receive from a consumer reporting agency, such as your creditworthiness

We may disclose nonpublic information about you to the following types of third parties:
• Financial companies such as mortgage bankers and insurance agencies
• Non-financial companies such as consumer reporting agencies and retailers
• Others, such as non-profit organizations

We may disclose nonpublic personal information about you to nonaffiliated third parties as permitted by law.

We may disclose all of the information we collect, as described above, to companies that perform marketing on our behalf or to other financial institutions with whom we have joint marketing agreements.

We restrict access to nonpublic personal information about you to those employees who need to know that information to provide products and services to you. We maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your nonpublic personal information.

Once membership is terminated, no further disclosure will be made beyond what is permitted by law.

If you prefer that we do not disclose nonpublic personal information about you to non-affiliated third parties, you may opt out of these disclosures, that is, you may direct us not to make those disclosures (other than disclosures permitted by law). If you wish to opt out, you must call 800.728. 8943 or 260.471.8336. You may opt out at any time. This opt out, by law, will not apply to disclosures that are legally permitted. A request from any of the joint accountholders will apply to everyone on the account. Information about non members will not be disclosed.

COMMON FEATURES OF SHARE SAVINGS, IMMA, IMMA GOLD, HOLIDAY, VACATION, SPECIAL SAVINGS ACCOUNTS, AND CLOWN CLUB.

Rate/Frequency/Determination Information: The dividend rate and annual percentage yield is subject to change daily, as determined by the Credit Union management.

Compounding and crediting frequency: Dividends will be compounded and credited monthly. If you close this Account before dividends are credited, you will not receive accrued dividends with the exception of IMMA and IMMA Gold. If reopened, dividends will be calculated from the last reopen date.

Daily balance computation method: Dividends are calculated by the daily balance method which applies a daily periodic rate to the principal in the account each day.

Accrual of dividends: Dividends will begin to accrue no later than the business day that we receive credit with the exception of IMMA and IMMA Gold.

Nature of dividends: Dividends are paid from current income and available earnings at the end of a dividend period after required transfers to reserves.

Transaction limitations: Due to Federal Regulation, you may not make more than six withdrawals or transfers to another account of yours or to a third party by means of a pre-authorized or automatic transfer (overdraft), or by telephone per month. No more than three of the six may be made by check, drafts, debit card, or similar order to a third party. If you exceed this limitation, the account will be subject to closure or account modification.

Fees: Refer to the Rate and Fee Schedule

SHARE SAVINGS/SPECIAL SAVINGS

Minimum balance to open the account: $5.00.

Daily minimum balance to obtain the annual percentage yield disclosed: $200.00. We may pay different rates on different account balances. Refer to a rate and fee schedule.

Transactions limitations: We reserve the right to impose minimum withdrawal amounts at select office locations.

PREMIUM 1ST CHECKING

Rate/Frequency/Determination Information: The dividend rate and annual percentage yield is subject to change daily, as determined by the Credit Union management.

Compounding and crediting frequency: Dividends will be compounded and credited monthly. If you close this Account before dividends are credited, you will not receive accrued dividends. If reopened, dividends will be calculated from the last reopen date.

Daily balance computation method: Dividends are calculated by the daily balance method which applies a daily period rate to the principal in the account each day.

Accrual of dividends: Dividends will begin to accrue no later than the business day that we receive credit.

Nature of dividends: Dividends are paid from current income and available earnings at the end of a dividend period after required transfers to reserves.

Daily minimum balance: A minimum daily balance of $5000 must be maintained or else subject to a below minimum balance fee.

Daily minimum balance to obtain the annual percentage yield disclosed: $10,000.

Fees: Refer to the rate and fee schedule.

CLASSIC 1ST & 1ST REWARDS CHECKING

Fees: Refer to the Rate and Fee Schedule.

STUDENT CHECKING

Fees: Refer to the Rate and Fee Schedule.

SAFEGUARD CHECKING

Fees: Refer to the Rate and Fee Schedule.

HEALTH SAVING ACCOUNT

Rate/Frequency/Determination Information: The dividend rate and annual percentage yield is subject to change daily, as determined by the Credit Union Management.

Compounding and crediting frequency: Dividends will be compounded and credited monthly. If you close this account before dividends are credited, you will not receive accrued dividends. If re-opened, dividends calculated from last re-open date.

Daily balance computation method: Dividends are calculated by the daily balance method which applies a daily periodic rate to the principal in the account each day.

Accrual of dividends: Dividends will begin to accrue no later than the business day that we receive the credit.

Nature of dividends: Dividends are paid from current income and available earnings at the end of a dividend period after required transfers to reserves.

Fees: Refer to the Rate and Fee Schedule.

HOLIDAY/VACATION CLUB

Daily minimum balance to obtain the annual percentage yield disclosed: $200.00

Transaction limitations: Up to 3 withdrawals are permitted per year.  If you exceed this limitation, this Account will be subject to closure by the Credit Union.

CLOWN CLUB

Minimum balance to open the account: $25.00

INSURED MONEY MANAGEMENT ACCOUNT (IMMA)

Minimum balance to open and obtain the annual percentage yield: The minimum balance to open this Account is $1000.00 and you must maintain a minimum daily balance of $1000 in your account to earn the  annual  percentage yield. We may pay different rates on different Account balances. Refer to the Rate and Fee schedule.

Accrual of dividends: Dividends will begin to accrue no later than the next business day of deposit.

Compounding and crediting frequency: Dividends will be compounded and credited monthly. If you close this Account before dividends are credited, you will receive accrued dividends. If re-opened, dividends will be calculated from the last reopen date.

Transaction limitations: Each deposit and/or withdrawal must be at least $250 or more.

Fees: Refer to the rate and fee schedule.

IMMA GOLD

Account availability: You must have a Partners 1st checking account to open an IMMA Gold.

Accrual of dividends: Dividends will begin to accrue no later than the next business day of deposit.

Compounding and crediting frequency: Dividends will be compounded and credited monthly. If you close this Account before dividends are credited, you will receive accrued dividends. If re-opened, dividends will be calculated from the last reopen date.

Minimum balance to open and obtain the annual percentage yield: The minimum balance to open this Account is $100,000.00 and you must maintain a minimum daily balance of $100,000 in your account to earn the annual percentage yield.

Transaction limitations: Each deposit and/or withdrawal must be at least $500 or more.

Fees: Refer to the rate and fee schedule.

CERTIFICATES

Specific terms applicable to your Share Certificate and IRA Share Certificate Accounts

Joint Accounts. If this account is jointly owned, then all funds on deposit are owned by any of the joint owners.  We can release or pay any amount on deposit in this certificate account to any owner.  If more than one person signs the Share Certificate and Disclosure, this share certificate account will be owned jointly with full rights of survivorship.  Any funds on deposit may be utilized to satisfy any debt or garnishment of any owner of the account.

Pledged Share Certificates. Share certificate accounts may be pledged as collateral for share certificate loans.  All pledged share certificate loan applications require the signature of the primary account owner.  Pledged share certificate loan applications when secured by share certificate accounts opened in more than one name require the signatures of all share certificate Account owners. IRA share certificates cannot be pledged as collateral for a loan.

Fixed Rate Information. These accounts are subject to a fixed rate and the rate applies to the term selected.

Minimum Balance Requirements. You must deposit $500 to open this account.  You must maintain a balance equal to the minimum balance required to open your account each day to obtain the disclosed annual percentage yield and to keep your account open.

Maturity Date. Your account will mature on the day indicated on this Share Certificate and Disclosure.

Early Withdrawal Provisions. We will impose a penalty if you withdraw any of the funds before the maturity date.  The penalty imposed will equal 90 days of dividends on the amount withdrawn from share certificate accounts with a term less than 12 months and may reduce your principal balance.  The penalty imposed will equal 180 days of dividends on the amount withdrawn from share certificate accounts with a term of 12 months or greater and may reduce your principal balance.

Renewal Policies.  Your account will renew automatically at maturity and you will have a grace period of 10 calendar days following the Maturity Date to make deposits and/or withdrawals without penalty.  Except for odd numbered month term share certificates, your account will automatically renew with the same term and earn the then current dividend rate and corresponding Annual Percentage Yield (APY). Odd numbered month term share certificates will automatically renew to the next highest even numbered month term and earn the then current dividend rate and corresponding APY.

Transaction Limitations. Once your account is established, you may not make withdrawals of principal from your account and you may not make deposits to your account.  You may not withdraw dividends unless you have previously made arrangements to do so at the time your account is established. IRA accounts are also subject to limitations and/or penalties imposed by the Internal Revenue Service. Please see our IRA Agreement or your tax advisor for additional information.

Nature of Dividends.  Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period.

Withdrawal of Dividends Prior to Maturity.  The Annual Percentage Yield (APY) assumes that dividends remain on deposit until maturity.  A withdrawal will reduce earnings.

Compounding and Crediting.  Dividends will be earned daily for each day on which your balance meets or exceeds the minimum daily balance requirement for your account.  Dividends will be compounded and credited monthly.

Balance Computation Method.  Dividends are calculated by the daily periodic rate to the entire principal balance in your account for each day.

Accrual on Non-cash Deposits.  Dividends will begin to accrue on the next business day.