Take advantage of this special CD offer to earn higher dividends

* Promotional Certificate applies to new money not currently on deposit at Lone Star Credit Union. Keep this document for your records.

Not Negotiable – Not Transferable – Additional terms are below. This account will NOT automatically renew at maturity. At the maturity date dividends will be paid and the certificate transferred to your Savings account, unless otherwise requested.

Additional Terms and Disclosures

Definitions: “We,” “our,” and “us” mean the issuer of this account and “you” and “your” mean the owner(s) of the term share account. “Account” means the original certificate as well as the account funds evidenced by the certificate. Transfer: “Transfer” means any change in ownership, withdrawal rights, or survivorship rights, including (but not limited to) any pledge or assignment of this account as collateral. You may not transfer this account without our written consent. Rate information: The dividend rate on your term share account is 5% with an annual percentage yield of 5%. Rate type: Fixed Dividend period: Account Term Five (5) months. Compounding frequency: Dividends will be paid at maturity.  Crediting frequency: Dividends will be credited to your account at maturity. Minimum balance requirements: The minimum balance required to open this account is $500.00. Transaction limitations: After the account is opened, you may not make additional deposits into the account. You may make withdrawals of principal from your account before maturity. Principal withdrawn before maturity is included in the amount subject to early withdrawal penalty. Early withdrawal penalties: (a penalty may be imposed for withdrawals before maturity) The penalty we may impose will equal 90 days dividends on the amount withdrawn subject to penalty. Withdrawal of dividends prior to maturity: Dividends are paid at maturity and not able to be withdrawal prior to maturity. The penalty is calculated as a forfeiture of part of the dividends that 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 the penalty will be deducted from the principal. Exceptions to Early Withdrawal Penalties: At our option, we may pay the account before maturity without imposing an early withdrawal penalty under the following circumstance: When an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction.

Bylaw requirements:

As a condition of membership, you must purchase and maintain the minimum required share(s) as set forth below.

Par Value of One Share $25.00

Number of Shares Required 1

National Credit Union Share Insurance Fund: Member accounts in this credit union are federally insured by the National Credit Union Share Insurance Fund