TRUTH-IN-SAVINGS ACCOUNT DISCLOSURES
Except as specifically described, the following disclosures apply to all accounts.
1. Rate information
The Dividend Rate and Annual Percentage Yield (APY) on your accounts are set forth above. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. The Dividend Rate and Annual Percentage Yield may change monthly as determined by the Credit Union’s Board of Directors.
2. Nature of Dividends
Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period. The Dividend Rate and APY are the prospective rates and yields that the Credit Union anticipates paying for the applicable dividend period, but may be changed without notice and are not guaranteed.
3. Compounding and Crediting
Dividends will be compounded and credited as set forth above. The Dividend Period for each account is set forth above. The Dividend Period begins on the first calendar day of the period and ends on the last calendar day of the period.
4. Accrual of Dividends
Dividends will begin to accrue on cash share/noncash share deposits (e.g. checks) on the business day a deposit is made to your account. For all accounts, if the account is closed before accrued dividends are credited, accrued dividends will not be paid.
5. Balance Information
The minimum balance required to open each account is set forth above. For accounts using an Average Daily Balance method dividends are calculated by applying a periodic rate to the average of the daily balances over the dividend period. The dividend is determined by the Average Daily Balance for the Quarter.
All Accounts are governed by the laws of the State of Arizona.
Please Note: This website is non-transactional. Please contact the CU directly @ 928-536-7484 for more information.
216 S. Main St., Snowflake, AZ 85937
Phone # 928-536-7484
Fax # 928-536-3349
© Copyright 2018 Rim Country Federal Credit Union
Your privacy is very important to us.We would like to advise you that Internet email is not secure. Please do not submit any information that you consider confidential. We recommend you do not include your social security or account number or other specific identifying information.
You are leaving Rim Country Federal Credit Union's Web site and linking to a third party site. Please be advised that you will then link to a Web site hosted by another party, where you will no longer be subject to, or under the protection of, the privacy and security policies of Rim Country Federal Credit Union. We recommend that you review and evaluate the privacy and security policies of the site that you are entering. Rim Country Federal Credit Union assumes no liability for the content, information, security, policies or transactions provided by these other sites.