Disclosure of Account Information

(REVISED - JANUARY 2018)

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TABLE OF CONTENTSGENERAL TERMS AND CONDITIONS OF YOUR ACCOUNT...............5Important Information About Procedures for

Opening a New Account................................................5Agreement ........................................................................5Bylaws..............................................................................6Liability ............................................................................6Deposits ...........................................................................7Withdrawals ......................................................................8Ownership of Account and Beneficiary Designation ...............9Pay On Death ..................................................................10Stop Payments ................................................................10Telephone Transfers .........................................................11Amendments and Termination...........................................11Notices ...........................................................................12Change in Terms Notice....................................................13Statements .....................................................................13Account Transfer..............................................................14Direct Deposits ................................................................14Temporary Account Agreement ..........................................14Right to Repayment of Indebtedness .................................14Authorized Signer (Individual Accounts Only) .....................15Restrictive Legends or Indorsements..................................15Pledges...........................................................................16Check Processing.............................................................16Indorsements ..................................................................16Death or Incompetence ....................................................17Fiduciary Accounts ..........................................................17Credit Verification ............................................................17Legal Actions Affecting Your Account.................................18Security ..........................................................................18Telephonic Instructions ....................................................19Monitoring and Recording Telephone Calls

and Consent to Receive Communications......................19Claim of Loss ..................................................................19Early Withdrawal Penalties (and involuntary withdrawals).....20Address or Name Changes ................................................20Resolving Account Disputes ..............................................20Waiver of Notices.............................................................20ACH and Wire Transfers ....................................................21Unclaimed Property Notice ...............................................21Remotely Created Checks .................................................21Checking Account Organization .........................................21FUNDS AVAILABILITY POLICY ...............................................22LONGER DELAYS MAY APPLY................................................23SPECIAL RULES FOR NEW ACCOUNTS....................................23DEPOSITS AT AUTOMATED TELLER MACHINES.........................24SUBSTITUTE CHECKS AND YOUR RIGHTS ...............................24

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ELECTRONIC FUND TRANSFERS ............................................25Electronic Funds Transfers Initiated by Third Parties ...........25Telephone TellerSM Transfers..............................................26ATM Transfers..................................................................27Types of ATM Card Point-of-Sale Transactions .....................27Types of Visa® Debit Card Point-of-Sale Transactions ..........27Visa®/Mastercard Foreign Transaction Fee..........................28Advisory Against Illegal Use ..............................................29Non-Visa Debit Transaction Processing...............................29Golden 1 OnlineSM Online Transfers ...................................30FEES ...............................................................................30DOCUMENTATION ..............................................................31PREAUTHORIZED PAYMENTS................................................31FINANCIAL INSTITUTION’S LIABILITY .....................................32CONFIDENTIALITY ..............................................................32UNAUTHORIZED TRANSFERS................................................32ERROR RESOLUTION NOTICE ................................................33NOTICE OF ATM/NIGHT DEPOSIT FACILITY

USER PRECAUTIONS .....................................................34WITHDRAWALS FROM YOUR ACCOUNT ..................................36Your Available Balance .....................................................36Operation of Account and Order of Posting .........................37Authorization Holds for Debit Card Transactions..................37INSUFFICIENT FUNDS - Overdrafts and Returned Items..............38General...........................................................................38Insufficient Funds - Overdrafts and Returned Items ............39Optional Overdraft Protection Services ...............................39Courtesy Pay (Including Courtesy Pay for Everyday

Debit Card Transactions) .............................................40Always a Discretionary Program.........................................42The Responsibility is Yours ...............................................42TRUTH-IN-SAVINGS DISCLOSURE..........................................43Regular Savings Account ..................................................43FlexSavingsSM Account .....................................................44Youth Savings Account .....................................................44Money Market Savings Account .........................................45IRA Savings Account........................................................46Santa SaverSM Savings Account .........................................47Collateral Account............................................................47Premium CheckingSM Account ...........................................48Free Checking Account.....................................................49Student Checking Account................................................49SmartStart CheckingSM Account.........................................49New Generation CheckingSM Account .................................50Golden 1 Freedom CheckingSM Account..............................50Term-Savings Certificate Account ......................................50Term-Savings IRA Certificate Account ................................5212-Month Term-Savings IRA Certificate Account.................53COMMON FEATURES...........................................................55

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GENERAL TERMS AND CONDITIONS OF YOUR ACCOUNT

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING ANEW ACCOUNT - To help the government fight the funding ofterrorism and money laundering activities, federal law requires allfinancial institutions to obtain, verify, and record information thatidentifies each person who opens an account.

What this means for you: When you open an account, we will ask foryour name, address, date of birth, and other information that willallow us to identify you. We may also ask to see your driver's licenseor other identifying documents.

Request Additional Information: We may from time to time requestadditional information from you to protect your account and oursystems from fraud or other problems.

This information may include new signature cards and otherdocumentation. You agree to assist us by promptly complying withany such request.

Additionally you agree to hold us harmless for refusing to pay orrelease funds, or take any other action relating to your accountwhere the refusal is based on your failure to provide thedocumentation or signatures requested by us.

AGREEMENT - To the extent that the terms contained in thisdisclosure are different than those in any other previous agreementor terms of account, this disclosure shall control and be deemed tomodify such other agreements or terms of account. This document,along with any other documents we give you pertaining to youraccount(s), is a contract that establishes rules which control youraccount(s) with us. Please read this carefully and retain it for futurereference. If you sign the signature card or open or continue to usethe account, you agree to these rules. You will receive a separateschedule of rates, qualifying balances, and fees if they are notincluded in this document. If you have any questions, please call us.

This agreement is subject to applicable federal laws, the laws of thestate of California and other applicable rules such as the operatingletters of the Federal Reserve Banks and payment processing systemrules (except to the extent that this agreement can and does varysuch rules or laws). The body of state and federal law that governsour relationship with you, however, is too large and complex to bereproduced here. The purpose of this document is to:

(1) summarize some laws that apply to common transactions;

(2) establish rules to cover transactions or events which the lawdoes not regulate;

(3) establish rules for certain transactions or events which thelaw regulates but permits variation by agreement; and

(4) give you disclosures of some of our policies to which youmay be entitled or in which you may be interested.

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If any provision of this document is found to be unenforceableaccording to its terms, all remaining provisions will continue in fullforce and effect. We may permit some variations from our standardagreement, but we must agree to any variation in writing either onthe signature card for your account or in some other document.Nothing in this document is intended to vary our duty to act in goodfaith and with ordinary care when required by law.

As used in this document the words “we,” “our,” “us”, and “creditunion” mean Golden 1 Credit Union and the words “you” and“your” mean the account holder(s) and anyone else with theauthority to deposit, withdraw, or exercise control over the funds inthe account. However, this agreement does not intend, and theterms “you” and “your” should not be interpreted, to expand anindividual’s responsibility for an organization’s liability. If thisaccount is owned by a corporation, partnership or other organization,individual liability is determined by the laws generally applicable tothat type of organization. The headings in this document are forconvenience or reference only and will not govern the interpretationof the provisions. Unless it would be inconsistent to do so, wordsand phrases used in this document should be construed so thesingular includes the plural and the plural includes the singular.

BYLAWS - By signing the Application for Membership, you agree tobe governed by the Bylaws, rules, regulations, and practices ofGolden 1 Credit Union and any existing or future amendmentsthereto, and by the federal and state Laws applicable to creditunions. A copy of the Bylaws is available for inspection at thecorporate headquarters of Golden 1 Credit Union. Our right torequire you to give us notice of your intention to withdraw fundsfrom your account is described in the bylaws. Unless we have agreedotherwise, you are not entitled to receive any original item after it ispaid, although you may request that we send you an item(s) or acopy of an item(s). Dividends are based on current earnings andavailable earnings of the credit union, after providing for requiredreserves.

LIABILITY - You agree, for yourself (and the person or entity yourepresent if you sign as a representative of another) to the terms ofthis account and the schedule of charges. You authorize us todeduct these charges, without notice to you, directly from theaccount balance as accrued. You will pay any additional reasonablecharges for services you request which are not covered by thisagreement.

We may reopen your account if we receive a dishonored or returneditem that you are responsible for, such as a preauthorized debitinitiated on your account and not canceled prior to account closure,and you will have to repay any balance due arising from suchtransaction.Each of you also agrees to be jointly and severally (individually)liable for any account shortage resulting from charges or overdrafts,

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whether caused by you or another with access to this account. Thisliability is due immediately, and can be deducted directly from theaccount balance whenever sufficient funds are available. You haveno right to defer payment of this liability, and you are liableregardless of whether you signed the item or benefited from thecharge or overdraft.

You will be liable for our costs as well as for our reasonableattorneys’ fees, to the extent permitted by law, whether incurred as aresult of collection or in any other dispute involving your account.This includes, but is not limited to, disputes between you andanother joint owner; you and an authorized signer or similar party; ora third party claiming an interest in your account. This also includesany action that you or a third party takes regarding the account thatcauses us, in good faith, to seek the advice of an attorney, whetheror not we become involved in the dispute. All costs and attorneys’fees can be deducted from your account when they are incurred,without notice to you.

DEPOSITS - We will give only provisional credit until collection isfinal for any items, other than cash, we accept for deposit (includingitems drawn “on us”). Before settlement of any item becomes final,we act only as your agent, regardless of the form of indorsement orlack of indorsement on the item and even though we provide youprovisional credit for the item. We may reverse any provisional creditfor items that are lost, stolen, or returned. You are responsible forany loss that occurs if any item is returned to us for any reason,including if it is fraudulent, counterfeit or otherwise invalid,regardless of whether the amount of the item has been madeavailable for your use. Unless prohibited by law, we also reserve theright to charge back to your account the amount of any itemdeposited to your account or cashed for you which was initially paidby the payor bank and which is later returned to us due to anallegedly forged, unauthorized or missing indorsement, claim ofalteration, encoding error or other problem which in our judgmentjustifies reversal of credit. You authorize us to attempt to collectpreviously returned items without giving you notice, and inattempting to collect we may permit the payor bank to hold an itembeyond the midnight deadline. Actual credit for deposits of, orpayable in, foreign currency will be at the exchange rate in effect onfinal collection in U.S. dollars. We are not responsible fortransactions by mail or outside depository until we actually recordthem. If you deliver a deposit to us and you will not be present whenthe deposit is counted, you may provide us an itemized list of thedeposit (deposit slip). To process the deposit, we will verify andrecord the deposit, and credit the deposit to the account. If thereare any discrepancies between the amounts shown on the itemizedlist of the deposit and the amount we determine to be the actualdeposit, you will be entitled to credit only for the actual deposit asdetermined by us, regardless of what is stated on the itemizeddeposit slip. We will treat and record all transactions received after

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our “daily cutoff time” on a business day we are open, or receivedon a day we are not open for business, as if initiated on the nextbusiness day that we are open. At our option, we may take an itemfor collection rather than for deposit. If we accept a third-partycheck for deposit, we may require any third-party indorsers to verifyor guarantee their indorsements, or indorse in our presence.

WITHDRAWALS - Generally - Unless clearly indicated otherwise on the accountrecords, any of you, acting alone, who signs to open the account orhas authority to make withdrawals may withdraw or transfer all orany part of the account balance at any time. Each of you (until wereceive written notice to the contrary) authorizes each other personwho signs or has authority to make withdrawals to indorse any itempayable to you or your order for deposit to this account or any othertransaction with us.

Postdated checks - A postdated check is one which bears a datelater than the date on which the check is written. We may properlypay and charge your account for a postdated check even thoughpayment was made before the date of the check, unless we havereceived written notice of the postdating in time to have areasonable opportunity to act. Because we process checksmechanically, your notice will not be effective and we will not beliable for failing to honor your notice unless it precisely identifiesthe number, date, amount and payee of the item.

Checks and withdrawal rules - If you do not purchase your checkblanks from us, you must be certain that we approve the checkblanks you purchase. We may refuse any withdrawal or transferrequest which you attempt on forms not approved by us or by anymethod we do not specifically permit. We may refuse any withdrawalor transfer request which is greater in number than the frequencypermitted, or which is for an amount greater or less than anywithdrawal limitations. We will use the date the transaction iscompleted by us (as opposed to the date you initiate it) to apply thefrequency limitations. In addition, we may place limitations on theaccount until your identity is verified.

Even if we honor a nonconforming request, we are not required to doso later. If you violate the stated transaction limitations (if any), inour discretion we may close your account or reclassify it as atransaction account. If we reclassify your account, your account willbe subject to the fees and earnings rules of the new accountclassification.

If we are presented with an item drawn against your account thatwould be a “substitute check,” as defined by law, but for an error ordefect in the item introduced in the substitute check creationprocess, you agree that we may pay such item.

See the funds availability policy disclosure for information aboutwhen you can withdraw funds you deposit. For those accounts towhich our funds availability policy disclosure does not apply, you

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can ask us when you make a deposit when those funds will beavailable for withdrawal. An item may be returned after the fundsfrom the deposit of that item are made available for withdrawal. Inthat case, we will reverse the credit of the item. We may determinethe amount of available funds in your account for the purpose ofdeciding whether to return an item for insufficient funds at any timebetween the time we receive the item and when we return the itemor send a notice in lieu of return. We need only make onedetermination, but if we choose to make a subsequentdetermination, the account balance at the subsequent time willdetermine whether there are insufficient available funds.

Overdrafts - You understand that we may, at our discretion, honorwithdrawal requests that overdraw your account. However, the factthat we may honor withdrawal requests that overdraw the accountbalance does not obligate us to do so later. So you can NOT rely onus to pay overdrafts on your account regardless of how frequently orunder what circumstances we have paid overdrafts on your accountin the past. We can change our practice of paying overdrafts on youraccount without notice to you. You can ask us if we have otheraccount services that might be available to you where we commit topaying overdrafts under certain circumstances, such as an overdraftprotection line-of-credit or a plan to sweep funds from anotheraccount you have with us. You agree that we may charge fees foroverdrafts as permitted by law. For consumer accounts, we will notcharge fees for overdrafts caused by ATM withdrawals or one-timedebit card transactions if you have not opted-in to that service. Wemay use subsequent deposits, including direct deposits of socialsecurity or other government benefits, to cover such overdrafts andoverdraft fees.

Multiple signatures, electronic check conversion, and similartransactions - An electronic check conversion transaction is atransaction where a check or similar item is converted into anelectronic fund transfer as defined in the Electronic Fund Transfersregulation. In these types of transactions the check or similar item iseither removed from circulation (truncated) or given back to you. Asa result, we have no opportunity to review the check to examine thesignatures on the item. You agree that, as to these or any items as towhich we have no opportunity to examine the signatures, youacknowledge that multiple signatures are not allowed forwithdrawals on any accounts with this credit union.

OWNERSHIP OF ACCOUNT AND BENEFICIARY DESIGNATION -You agree that the shares purchased for this account shall be heldindividually, in joint tenancy, or as trustee and co-trustee with theperson or persons named on the membership application, if any(excluding IRA funds). We do not offer business accounts at thistime. You further agree that Golden 1 Credit Union is authorized torecognize any of the signatures subscribed on the membershipapplication in the payment of funds or the transaction of anybusiness for this account.

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IRA owners understand that periodic IRA statements will becombined with the periodic statement for all other accounts openedpursuant to the membership application and that information aboutthe IRA will therefore be disclosed to all of the persons named onthe membership application. If you wish to have the IRA statementprovided exclusively to the IRA owner, you must establish a separateIRA account.

These rules apply to this account depending on the form ofownership and beneficiary designation, if any, specified on theaccount records. We make no representations as to theappropriateness or effect of the ownership and beneficiarydesignations, except as they determine to whom we pay the accountfunds. As used in this agreement “party” means a person who, bythe terms of the account, has a present right, subject to request, topayment from a multiple-party account other than as an agent.

Individual Account - This account is in the name of one person.

Joint Account - This account or certificate is owned by the namedparties. Upon the death of any of them, ownership passes to thesurvivor(s).

PAY ON DEATH Account with Single Party - This account orcertificate is owned by the named party. Upon the death of thatparty, ownership passes to the named pay-on-death payee(s).

PAY ON DEATH Account with Multiple Parties - This account orcertificate is owned by the named parties. Upon the death of any ofthem, ownership passes to the survivor(s). Upon the death of all ofthem, ownership passes to the named pay-on-death payee(s).

Totten Trust Account - (subject to this form) - If two or more of youcreate this account, you own the account jointly with survivorship.Beneficiaries cannot withdraw unless: (1) all persons creating theaccount die, and (2) the beneficiary is then living. If two or morebeneficiaries are named and survive the death of all personscreating the account, such beneficiaries will own this account inequal shares, without right of survivorship. The person(s) creatingthis account type reserves the right to: (1) change beneficiaries, (2)change account types, and (3) withdraw all or part of the accountfunds at any time.

Trust Account Subject to Separate Agreement - We will abide bythe terms of any separate agreement which clearly pertains to thisaccount and which you file with us. Any additional consistent termsstated on this form will also apply.

STOP PAYMENTS - Unless otherwise provided, the rules in thissection cover stopping payment of items such as checks and drafts.Rules for stopping payment of other types of transfers of funds, suchas consumer electronic fund transfers, may be established by law orour policy. If we have not disclosed these rules to you elsewhere, youmay ask us about those rules.

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We may accept an order to stop payment on any item from any oneof you. You must make any stop-payment order in the mannerrequired by law and we must receive it in time to give us areasonable opportunity to act on it before our stop-payment cutofftime. Because stop-payment orders are handled by computers, to beeffective, your stop-payment order must precisely identify thenumber, date, and amount of the item, and the payee. You may stoppayment on any item drawn on your account whether you sign theitem or not. Generally, if your stop-payment order is given to us inwriting it is effective for six months. Your order will lapse after thattime if you do not renew the order in writing before the end of thesix-month period. We are not obligated to notify you when a stop-payment order expires. A release of the stop-payment request maybe made only by the person who initiated the stop-payment order.

If you stop payment on an item and we incur any damages orexpenses because of the stop payment, you agree to indemnify usfor those damages or expenses, including attorneys’ fees. You assignto us all rights against the payee or any other holder of the item. Youagree to cooperate with us in any legal actions that we may takeagainst such persons. You should be aware that anyone holding theitem may be entitled to enforce payment against you despite thestop-payment order.

Our stop-payment cutoff time is one hour after the opening of thenext banking day after the banking day on which we receive theitem. Additional limitations on our obligation to stop payment areprovided by law (e.g., we paid the item in cash or we certified theitem).

TELEPHONE TRANSFERS - A telephone transfer of funds from thisaccount to another account with us, if otherwise arranged for orpermitted, may be made by the same persons and under the sameconditions generally applicable to withdrawals made in writing.Unless a different limitation is disclosed in writing, we restrict thenumber of transfers from a savings account to another account or tothird parties, to a maximum of six per month (less the number of“preauthorized transfers” during the month). Other account transferrestrictions may be described elsewhere.

AMENDMENTS AND TERMINATION - We may change our bylawsand any term of this agreement. Rules governing changes in ratesare provided separately in the Truth-in-Savings disclosure or inanother document. For other changes we will give you reasonablenotice in writing or by any other method permitted by law. If we havenotified you of a change in any term of your account and youcontinue to have your account after the effective date of the change,you have agreed to the new term(s).

We may close this account if your membership in the credit unionterminates, or by giving reasonable notice to you and tender of theaccount balance personally or by mail. Items presented for paymentafter the account is closed may be dishonored. When you close your

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account, you are responsible for leaving enough money in the account to cover any outstanding items and charges to be paid from the account. Reasonable notice depends on the circumstances, and in some cases such as when we cannot verify your identity or we suspect fraud, it might be reasonable for us to give you notice after the change or account closure becomes effective. For instance, if we suspect fraudulent activity with respect to your account, we might immediately freeze or close your account and then give you notice.

You must not use or try to use your account or any of our products and services for any unlawful transactions. You also must not engage in any activities that abuse our products or services or are deemed by us to be unusual, fraudulent, dishonest or deceptive. You agree not to use your personal account for business related activity. You also agree not to engage in conduct that poses a threat to the health, safety, and welfare of our employees and/or other members, including violent or threatening behavior, or interfere with our employees carrying out their duties or functions.

If we have reason to believe that you violated the terms of this Agreement, for example, by using your personal account for business transactions or engaging in unlawful, unusual or fraudulent activities, we may, at our option, restrict or suspend your access to any or all products or member services or close your account. We may also restrict or suspend your access to any of our products or services upon giving you notice reasonable under the circumstances when you become delinquent in your obligations to the credit union or cause a loss to the credit union. In such case, we may also deny your subsequent application for any new product or service that would allow you to obtain further credit from the credit union or cause the credit union a further loss. Restrictions or suspensions of accounts, products and services will be reasonably related to the nature of your conduct, and will apply to joint owners and authorized users. Our good faith determination whether a particular transaction is permissible under this Agreement shall be conclusive.

You may be expelled from membership for any reason allowed by applicable law, including failure to comply with the credit union’s bylaws, conviction of a criminal offense, causing a loss to the credit union or otherwise failing to carry out your contracts, agreements, or obligations with the credit union, conducting yourself in a threatening or abusive manner to our employees and/or other members, or willfully destroying or damaging credit union property. If you are expelled, you may not be a fiduciary or a joint account owner on another account.

NOTICES - Any written notice you give us is effective when we actually receive it, and it must be given to us according to the specific delivery instructions provided elsewhere, if any. We must receive it in time to have a reasonable opportunity to act on it. If the notice is regarding a check or other item, you must give us sufficient information to be able to identify the check or item, including the

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precise check or item number, amount, date and payee. Writtennotice we give you is effective when it is deposited in the UnitedStates Mail with proper postage and addressed to your mailingaddress we have on file. Notice to any of you is notice to all of you.

CHANGE IN TERMS NOTICE - You will be notified of a change interms to this disclosure when such notice is required by law.

STATEMENTS - Your duty to report unauthorized signatures,alterations and forgeries - You must examine your statement ofaccount with “reasonable promptness.” If you discover (orreasonably should have discovered) any unauthorized signatures oralterations, you must promptly notify us of the relevant facts. Asbetween you and us, if you fail to perform either of these duties, youwill have to either share the loss with us, or bear the loss entirelyyourself (depending on whether we used ordinary care and, if not,whether we contributed to the loss). The loss could be not only withrespect to items on the statement but other items with unauthorizedsignatures or alterations by the same wrongdoer.

You agree that the time you have to examine your statement andreport to us will depend on the circumstances, but will not, in anycircumstance, exceed a total of 30 days from when the statement isfirst sent or made available to you.

You further agree that if you fail to report any unauthorizedsignatures, alterations or forgeries in your account within 60 days ofwhen we first send or make the statement available, you cannotassert a claim against us on any items in that statement, and asbetween you and us the loss will be entirely yours. This 60-daylimitation is without regard to whether we used ordinary care. Thelimitation in this paragraph is in addition to that contained in thefirst paragraph of this section.

Your duty to report other errors - In addition to your duty to reviewyour statements for unauthorized signatures, alterations andforgeries, you agree to examine your statement with reasonablepromptness for any other error - such as an encoding error. Inaddition, if you receive or we make available either your items orimages of your items, you must examine them for any unauthorizedor missing indorsements or any other problems. You agree that thetime you have to examine your statement and items and report to uswill depend on the circumstances. However, this time period shallnot exceed 60 days. Failure to examine your statement and itemsand report any errors to us within 60 days of when we first send ormake the statement available precludes you from asserting a claimagainst us for any errors on items identified in that statement and asbetween you and us the loss will be entirely yours.

Errors relating to electronic fund transfers or substitute checks -For information on errors relating to electronic fund transfers (e.g.,computer, debit card or ATM transactions) refer to your ElectronicFund Transfers disclosure and the sections on consumer liability and

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error resolution. For information on errors relating to a substitutecheck you received, refer to your disclosure entitled SubstituteChecks and Your Rights.

ACCOUNT TRANSFER - This account may not be transferred orassigned without our prior written consent.

DIRECT DEPOSITS - If we are required for any reason to reimbursethe federal government for all or any portion of a benefit paymentthat was directly deposited into your account, you authorize us todeduct the amount of our liability to the federal government fromthe account or from any other account you have with us, withoutprior notice and at any time, except as prohibited by law. We mayalso use any other legal remedy to recover the amount of ourliability.

TEMPORARY ACCOUNT AGREEMENT - If the accountdocumentation indicates that this is a temporary accountagreement, each person who signs to open the account or hasauthority to make withdrawals (except as indicated to the contrary)may transact business on this account. However, we may at sometime in the future restrict or prohibit further use of this account ifyou fail to comply with the requirements we have imposed within areasonable time.

RIGHT TO REPAYMENT OF INDEBTEDNESS - You each agree thatwe may (without prior notice and when permitted by law) chargeagainst and deduct from this account any due and payable debt anyof you owe us now or in the future. If this account is owned by oneor more of you as individuals, we may set off any funds in theaccount against a due and payable debt a partnership owes us nowor in the future, to the extent of your liability as a partner for thepartnership debt. If your debt arises from a promissory note, thenthe amount of the due and payable debt will be the full amount wehave demanded, as entitled under the terms of the note, and thisamount may include any portion of the balance for which we haveproperly accelerated the due date.

In addition to these contract rights, we may also have rights under a“statutory lien.” A “lien” on property is a creditor’s right to obtainownership of the property in the event a debtor defaults on a debt. A“statutory lien” is one created by federal or state statute. If federalor state law provides us with a statutory lien, then we are authorizedto apply, without prior notice, your shares and dividends to any debtyou owe us, in accord with the statutory lien.

Neither our contract rights nor rights under a statutory lien apply tothis account if prohibited by law. For example, neither our contractrights nor rights under a statutory lien apply to this account if: (a) itis an Individual Retirement Account or similar tax-deferred account,or (b) the debt is created by a consumer credit transaction under acredit card plan (but this does not affect our rights under anyconsensual security interest), or (c) the debtor’s right of withdrawalarises only in a representative capacity, or (d) setoff is prohibited by

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the Military Lending Act or its implementing regulations. We will notbe liable for the dishonor of any check or draft when the dishonoroccurs because we charge and deduct an amount you owe us fromyour account. You agree to hold us harmless from any claim arisingas a result of our exercise of our right to repayment.

You agree to pledge all shares, payments on shares, dividends onshares, and deposits (excluding IRA accounts or other accounts tothe extent that applicable law precludes the pledge of suchaccounts) in all joint and individual accounts held by you, which youhave now or in the future with Golden 1 Credit Union, as security forall your obligations with Golden 1 Credit Union. These obligationsinclude but are not limited to principal, interest, late charges,finance charges, costs, and expenses, including attorney’s fees. Youauthorize Golden 1 Credit Union, without further notice, to applyany and all shares, payments, dividends and deposits to thepayment of each obligation if you should default. You agree thatGolden 1 Credit Union’s lien is independent of any securityagreement you may sign, and Golden 1 Credit Union may enforce itslien in any manner, at any time allowed by law. You agree that youown any shares pledged and that there are no liens against themother than Golden 1 Credit Union’s.

AUTHORIZED SIGNER (Individual Accounts Only) - A singleindividual is the owner. The authorized signer is merely designatedto conduct transactions on the owner’s behalf. The owner does notgive up any rights to act on the account, and the authorized signermay not in any manner affect the rights of the owner orbeneficiaries, if any, other than by withdrawing funds from theaccount. The owner is responsible for any transactions of theauthorized signer. We undertake no obligation to monitortransactions to determine that they are on the owner’s behalf.

The owner may terminate the authorization at any time, and theauthorization is automatically terminated by the death of the owner.However, we may continue to honor the transactions of theauthorized signer until: (a) we have received written notice or haveactual knowledge of the termination of authority, and (b) we have areasonable opportunity to act on that notice or knowledge. We mayrefuse to accept the designation of an authorized signer.

RESTRICTIVE LEGENDS OR INDORSEMENTS - The automatedprocessing of the large volume of checks we receive prevents usfrom inspecting or looking for restrictive legends, restrictiveindorsements or other special instructions on every check. Examplesof restrictive legends placed on checks are “must be presentedwithin 90 days” or “not valid for more than $1,000.00.” Thepayee’s signature accompanied by the words “for deposit only” is anexample of a restrictive indorsement. For this reason, we are notrequired to honor any restrictive legend or indorsement or otherspecial instruction placed on checks you write unless we haveagreed in writing to the restriction or instruction. Unless we have

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agreed in writing, we are not responsible for any losses, claims,damages, or expenses that result from your placement of theserestrictions or instructions on your checks.

PLEDGES - Each owner of this account may pledge all or any part ofthe funds in it for any purpose. Any pledge of this account must firstbe satisfied before the rights of any surviving account owner oraccount beneficiary become effective.

CHECK PROCESSING - We process items mechanically by relyingsolely on the information encoded in magnetic ink along the bottomof the items. This means that we do not individually examine all ofyour items to determine if the item is properly completed, signedand indorsed or to determine if it contains any information otherthan what is encoded in magnetic ink. You agree that we haveexercised ordinary care if our automated processing is consistentwith general banking practice, even though we do not inspect eachitem. Because we do not inspect each item, if you write a check tomultiple payees, we can properly pay the check regardless of thenumber of indorsements unless you notify us in writing that thecheck requires multiple indorsements. We must receive the notice intime for us to have a reasonable opportunity to act on it, and youmust tell us the precise date of the check, amount, check numberand payee. We are not responsible for any unauthorized signature oralteration that would not be identified by a reasonable inspection ofthe item. Using an automated process helps us keep costs down foryou and all account holders.

INDORSEMENTS - We may accept for deposit any item payable to youor your order, even if they are not indorsed by you. We may give cashback to any one of you. We may supply any missing indorsement(s)for any item we accept for deposit or collection, and you warrantthat all indorsements are genuine.

To ensure that your check or share draft is processed without delay,you must indorse it (sign it on the back) in a specific area. Yourentire indorsement (whether a signature or a stamp) along with anyother indorsement information (e.g. additional indorsements, IDinformation, driver’s license number, etc.) must fall within 11/2” ofthe “trailing edge” of a check. Indorsements must be made in blueor black ink, so that they are readable.

As you look at the front of a check, the “trailing edge” is the leftedge. When you flip the check over, be sure to keep all indorsementinformation within 11/2” of that edge.

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It is important that you confine the indorsement information to thisarea since the remaining blank space will be used by others in theprocessing of the check to place additional needed indorsementsand information. You agree that you will indemnify, defend, and holdus harmless for any loss, liability, damage or expense that occursbecause your indorsement, another indorsement or information youhave printed on the back of the check obscures our indorsement.These indorsement guidelines apply to both personal and businesschecks.DEATH OR INCOMPETENCE - You agree to notify us promptly if anyperson with a right to withdraw funds from your account(s) dies or isadjudicated (determined by the appropriate official) incompetent.We may continue to honor your checks, items, and instructionsuntil: (a) we know of your death or adjudication of incompetence,and (b) we have had a reasonable opportunity to act on thatknowledge. You agree that we may pay or certify checks drawn on orbefore the date of death or adjudication of incompetence for up toten (10) days after your death or adjudication of incompetenceunless ordered to stop payment by someone claiming an interest inthe account.FIDUCIARY ACCOUNTS - Accounts may be opened by a personacting in a fiduciary capacity. A fiduciary is someone who isappointed to act on behalf of and for the benefit of another. We arenot responsible for the actions of a fiduciary, including the misuseof funds. This account may be opened and maintained by a personor persons named as a trustee under a written trust agreement, or asexecutors, administrators, or conservators under court orders. Youunderstand that by merely opening such an account, we are notacting in the capacity of a trustee in connection with the trust nordo we undertake any obligation to monitor or enforce the terms ofthe trust or letters.CREDIT VERIFICATION - You agree that we may verify credit andemployment history by any necessary means, including preparationof a credit report by a credit reporting agency.

FRONT OF CHECK

Bank Nameand Location

A123456789A 7654

Pay to theorder of $

dollars

20NameAddress, City, State

7654

BACK OF CHECK

Memo

Keep your indorsementout of this area.

1 1/2"

TRAILING EDGE

YOUR INDORSEMENT MUSTBE WITHIN THIS AREA

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LEGAL ACTIONS AFFECTING YOUR ACCOUNT - If we are servedwith a subpoena, restraining order, writ of attachment or execution,levy, garnishment, search warrant, or similar order relating to youraccount (termed “legal action” in this section), we will comply withthat legal action. Or, in our discretion, we may freeze the assets inthe account and not allow any payments out of the account until afinal court determination regarding the legal action. We may dothese things even if the legal action involves less than all of you. Inthese cases, we will not have any liability to you if there areinsufficient funds to pay your items because we have withdrawnfunds from your account or in any way restricted access to yourfunds in accordance with the legal action. Any fees or expenses weincur in responding to any legal action (including, withoutlimitation, attorneys’ fees and our internal expenses) may becharged against your account. The list of fees applicable to youraccount(s) provided elsewhere may specify additional fees that wemay charge for certain legal actions.

SECURITY - It is your responsibility to protect the account numbersand electronic access devices (e.g., an ATM card) we provide you foryour account(s). Do not discuss, compare, or share informationabout your account number(s) with anyone unless you are willing togive them full use of your money. An account number can be usedby thieves to issue an electronic debit or to encode your number ona false demand draft which looks like and functions like anauthorized check. If you furnish your access device and grant actualauthority to make transfers to another person (a family member orcoworker, for example) who then exceeds that authority, you areliable for the transfers unless we have been notified that transfers bythat person are no longer authorized.

Your account number can also be used to electronically removemoney from your account, and payment can be made from youraccount even though you did not contact us directly and order thepayment.

You must also take precaution in safeguarding your blank checks.Notify us at once if you believe your checks have been lost or stolen.As between you and us, if you are negligent in safeguarding yourchecks, you must bear the loss entirely yourself or share the losswith us (we may have to share some of the loss if we failed to useordinary care and if we substantially contributed to the loss).

Except for consumer electronic funds transfers subject to RegulationE, you agree that if we offer you services appropriate for youraccount to help identify and limit fraud or other unauthorizedtransactions against your account, such as positive pay orcommercially reasonable security procedures, and you reject thoseservices, you will be responsible for any fraudulent or unauthorizedtransactions which could have been prevented by the services weoffered, unless we acted in bad faith or to the extent our negligencecontributed to the loss. If we offered you a commercially reasonablesecurity procedure which you reject, you agree that you are

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responsible for any payment order, whether authorized or not, thatwe accept in compliance with an alternative security procedure thatyou have selected.

TELEPHONIC INSTRUCTIONS - Unless required by law or we haveagreed otherwise in writing, we are not required to act uponinstructions you give us via facsimile transmission or leave by voicemail or on a telephone answering machine.

MONITORING AND RECORDING TELEPHONE CALLS AND CONSENTTO RECEIVE COMMUNICATIONS - We may monitor or record phonecalls for security reasons, to maintain a record and to ensure thatyou receive courteous and efficient service.

We may contact you from time to time by telephone, text messaging,email or mail in order to service your account or collect amounts youowe to us. We are permitted to use any address, telephone numberor email address you provide to us. You agree to provide accurateand current contact information and only give us telephone numbersand email addresses that belong to you. We may sendcommunications electronically, such as by email or text message,rather than by mail, unless the law requires otherwise.

When you give us a telephone number (including a cellular ormobile device number) or place a telephone call to us, you areproviding your express consent permitting us (and any party actingon our behalf) to contact you at that number about all of yourGolden 1 accounts. Your consent allows us to make live telephonecalls, send text messages, leave prerecorded or artificial voicemessages, and use automatic telephone dialing technology forinformational and account service purposes. For example, we mayplace such calls or texts to provide notices, investigate or preventfraud, or contact you about the amounts you owe to us. This expressconsent applies to each telephone number that you provide to usnow or in the future. Message and data rates may apply. You maychange your communication preferences at any time by anyreasonable means, including calling us at 1-877-723-3010,sending an email to membercare@golden1.com, or writing to us atGolden 1 Credit Union, Attn: Member Care, P.O. Box 15966,Sacramento, CA 95852-0966.

CLAIM OF LOSS - If you claim a credit or refund because of aforgery, alteration, or any other unauthorized withdrawal, youagree to cooperate with us in the investigation of the loss,including giving us an affidavit containing whatever reasonableinformation we require concerning your account, the transaction,and the circumstances surrounding the loss. You will notify lawenforcement authorities of any criminal act related to the claimof lost, missing, or stolen checks or unauthorized withdrawals.We will have a reasonable period of time to investigate the factsand circumstances surrounding any claim of loss. Unless wehave acted in bad faith, we will not be liable for special orconsequential damages, including loss of profits or opportunity,

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or for attorneys’ fees incurred by you. You agree not to give ormake available your password or credentials to any unauthorizedindividuals, and take reasonable precautions to safeguard yourcredentials and account information. If you disclose your accountnumber, card number, PIN, credentials, and/or any other meansto access your account to anyone, you assume all risks andlosses associated with such disclosure. This means that you areresponsible, to the extent permitted by law, for any transactionsand activities performed from your accounts by such person orentity, even those you did not intend them to make.

You agree that you will not waive any rights you have to recover yourloss against anyone who is obligated to repay, insure, or otherwisereimburse you for your loss. You will pursue your rights or, at ouroption, assign them to us so that we may pursue them. Our liabilitywill be reduced by the amount you recover or are entitled to recoverfrom these other sources.

EARLY WITHDRAWAL PENALTIES (and involuntary withdrawals) -We may impose early withdrawal penalties on a withdrawal from atime account even if you don’t initiate the withdrawal. For instance,the early withdrawal penalty may be imposed if the withdrawal iscaused by our setoff against funds in the account or as a result of anattachment or other legal process. We may close your account andimpose the early withdrawal penalty on the entire account balancein the event of a partial early withdrawal. See your notice of penaltyfor early withdrawals for additional information.

ADDRESS OR NAME CHANGES - You are responsible for notifying usof any change in your address or your name. Unless we agreeotherwise, change of address or name must be made in writing by atleast one of the account holders. Informing us of your address orname change on a check reorder form is not sufficient. We willattempt to communicate with you only by use of the most recentaddress you have provided to us. If provided elsewhere, we mayimpose a service fee if we attempt to locate you.

RESOLVING ACCOUNT DISPUTES - We may place an administrativehold on the funds in your account (refuse payment or withdrawal ofthe funds) if it becomes subject to a claim adverse to (1) your owninterest; (2) others claiming an interest as survivors or beneficiariesof your account; or (3) a claim arising by operation of law. The holdmay be placed for such period of time as we believe reasonablynecessary to allow a legal proceeding to determine the merits of theclaim or until we receive evidence satisfactory to us that the disputehas been resolved. We will not be liable for any items that aredishonored as a consequence of placing a hold on funds in youraccount for these reasons.

WAIVER OF NOTICES - To the extent permitted by law, you waiveany notice of non-payment, dishonor or protest regarding any itemscredited to or charged against your account. For example, if youdeposit a check and it is returned unpaid or we receive a notice of

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nonpayment, we do not have to notify you unless required by federalRegulation CC or other law.

ACH AND WIRE TRANSFERS - This agreement is subject to Article4A of the Uniform Commercial Code - Fund Transfers as adopted inthe state in which you have your account with us. If you originate afund transfer and you identify by name and number a beneficiaryfinancial institution, an intermediary financial institution or abeneficiary, we and every receiving or beneficiary financialinstitution may rely on the identifying number to make payment. Wemay rely on the number even if it identifies a financial institution,person or account other than the one named. You agree to be boundby automated clearing house association rules. These rules provide,among other things, that payments made to you, or originated byyou, are provisional until final settlement is made through a FederalReserve Bank or payment is otherwise made as provided in Article4A-403(a) of the Uniform Commercial Code. If we do not receivesuch payment, we are entitled to a refund from you in the amountcredited to your account and the party originating such payment willnot be considered to have paid the amount so credited. Creditentries may be made by ACH. If we receive a payment order tocredit an account you have with us by wire or ACH, we are notrequired to give you any notice of the payment order or credit.

UNCLAIMED PROPERTY NOTICE - Your property may be transferredto the appropriate state if no activity occurs in the account withinthe time period specified by state law.

REMOTELY CREATED CHECKS - Like any standard check or draft, aremotely created check (sometimes called a telecheck,preauthorized draft or demand draft) is a check or draft that can beused to withdraw money from an account. Unlike a typical check ordraft, however, a remotely created check is not issued by the payingbank and does not contain the signature of the account owner (or asignature purported to be the signature of the account owner). Inplace of a signature, the check usually has a statement that theowner authorized the check or has the owner’s name typed orprinted on the signature line.

You warrant and agree to the following for every remotely createdcheck we receive from you for deposit or collection: (1) you havereceived express and verifiable authorization to create the check inthe amount and to the payee that appears on the check; (2) you willmaintain proof of the authorization for at least 2 years from the dateof the authorization, and supply us the proof if we ask; and (3) if acheck is returned you owe us the amount of the check, regardless ofwhen the check is returned. We may take funds from your accountto pay the amount you owe us, and if there are insufficient funds inyour account, you still owe us the remaining balance.

CHECKING ACCOUNT ORGANIZATION - Your checking accountconsists of two subaccounts. One of these subaccounts is atransaction subaccount (e.g., a checking subaccount). You willtransact business on this subaccount as usual. The other is a

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nontransaction subaccount (e.g., a savings account). You cannotdirectly access the nontransaction savings subaccount, but youagree that we may automatically, and without a specific requestfrom you, initiate individual transfers of funds between subaccountsfrom time to time at no cost or effect to you. This accountorganization will not change the amount of NCUA insuranceavailable to you, your available balance, the information on yourperiodic statements, the dividend earnings (if this is a dividend-bearing account), or any other feature of your checking account. Youwill not see any difference between the way your account operatesand the way a traditionally organized account operates, but thisorganization makes us more efficient and helps us to keep costsdown.

FUNDS AVAILABILITY POLICYThis policy statement applies to all accounts.

Our policy is to make funds from your cash, check, and electronicdirect deposits available to you on the same day we receive yourdeposit. At that time, you can withdraw the funds in cash and we willuse the funds to pay transactions that you have authorized, subjectto certain exceptions described in this policy.

Please remember that even after we have made funds available toyou, and you have withdrawn the funds, you are still responsible forchecks you deposit that are returned to us unpaid and for any otherproblems involving your deposit. All deposits are subject toverification.

For determining the availability of your deposits, every day is abusiness day, except Saturdays, Sundays, and federal holidays. If youmake a deposit before closing on a business day that we are open,we will consider that day to be the day of your deposit. However, ifyou make a deposit after closing or on a day we are not open, we willconsider that the deposit was made on the next business day we areopen.

If you make a deposit at an ATM on a day that we are open, we willconsider that day to be the day of your deposit. However, if you makea deposit at an ATM on a day we are not open, we will consider thatthe deposit was made on the next business day we are open.

If we cash a check for you that is drawn on another bank, we maywithhold the availability of a corresponding amount of funds that arealready in your account. Those funds will be available at the timefunds from the check we cashed would have been available if youhad deposited it.

If we accept for deposit a check that is drawn on another bank, wemay make funds from the deposit available for withdrawalimmediately but delay your availability to withdraw a correspondingamount of funds that you have on deposit in another account with

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us. The funds in the other account would then not be available forwithdrawal until the time periods that are described elsewhere inthis disclosure for the type of check that you deposited.

LONGER DELAYS MAY APPLYCase-by-case delays. In some cases, we will not make all of thefunds that you deposit by check available to you on the same daywe receive your deposit. Depending on the type of check that youdeposit, funds may not be available until the second business dayafter the day of your deposit. The first $200 of your deposits,however, will be available on the same day.

If we are not going to make all of the funds from your depositavailable on the same day we receive your deposit, we will notify youat the time you make your deposit. We will also tell you when thefunds will be available. If your deposit is not made directly to one ofour employees, or if we decide to take this action after you have leftthe premises, we will mail you the notice by the day after we receiveyour deposit.

If you will need the funds from a deposit right away, you should askus when the funds will be available.

Safeguard exceptions. In addition, funds you deposit by check maybe delayed for a longer period under the following circumstances:

We believe a check you deposit will not be paid.

You deposit checks totaling more than $5,000 on any one day.

You redeposit a check that has been returned unpaid.

You have overdrawn your account repeatedly in the last six months.

There is an emergency, such as failure of computer orcommunications equipment.

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

SPECIAL RULES FOR NEW ACCOUNTSIf you are a new member, the following special rules will applyduring the first 30 days your account is open.

Funds from electronic direct deposits to your account will beavailable on the day we receive the deposit. Funds from deposits ofcash, wire transfers, and the first $5,000 of a day’s total deposits ofcashier’s, certified, teller’s, traveler’s, and federal, state and localgovernment checks will be available on the same day as the day ofyour deposit if the deposit meets certain conditions. For example,the checks must be payable to you (and you may have to use a

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special deposit slip). The excess over $5,000 will be available onthe ninth business day after the day of your deposit. If your depositof these checks (other than a U.S. Treasury check) is not made inperson to one of our employees, the first $5,000 will not beavailable until the second business day after the day of your deposit.

Funds from all other check deposits will be available on the ninthbusiness day after the day of your deposit.

DEPOSITS AT AUTOMATED TELLER MACHINESFunds from any deposits (cash or check) made at automated tellermachines (ATMs), whether we own and operate or not, may not beavailable until the second business day after the day of your deposit.All deposits are subject to verification.

All ATMs that we own or operate are identified as our machines.

SUBSTITUTE CHECKS AND YOUR RIGHTSWhat is a substitute check?

To make check processing faster, federal law permits financialinstitutions to replace original checks with “substitute checks.”These checks are similar in size to original checks with a slightlyreduced image of the front and back of the original check. The frontof a substitute check states: “This is a legal copy of your check. Youcan use it the same way you would use the original check.” You mayuse a substitute check as proof of payment just like the originalcheck.

Some or all of the checks that you receive back from us may besubstitute checks. This notice describes rights you have when youreceive substitute checks from us. The rights in this notice do notapply to original checks or to electronic debits to your account.However, you have rights under other law with respect to thosetransactions.

What are my rights regarding substitute checks?

In certain cases, federal law provides a special procedure that allowsyou to request a refund for losses you suffer if a substitute check isposted to your account (for example, if you think that we withdrewthe wrong amount from your account or that we withdrew moneyfrom your account more than once for the same check). The lossesyou may attempt to recover under this procedure may include theamount that was withdrawn from your account and fees that werecharged as a result of the withdrawal (for example, bounced checkfees).

The amount of your refund under this procedure is limited to theamount of your loss or the amount of the substitute check,whichever is less. You also are entitled to dividends on the amountof your refund if your account is a dividend-bearing account. If your

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loss exceeds the amount of the substitute check, you may be able torecover additional amounts under other law.

If you use this procedure, you may receive up to $2,500 of yourrefund (plus dividends if your account earns dividends) within 10business days after we received your claim and the remainder ofyour refund (plus dividends if your account earns dividends) notlater than 45 calendar days after we received your claim.

We may reverse the refund (including any dividends on the refund) ifwe later are able to demonstrate that the substitute check wascorrectly posted to your account.

How do I make a claim for a refund?

If you believe that you have suffered a loss relating to a substitutecheck that you received and that was posted to your account, pleasecontact us at:

GOLDEN 1 CREDIT UNIONP.O. BOX 15966

SACRAMENTO, CA 95852-09661-877-GOLDEN 1 or (1-877-465-3361)

mbrsvc@golden1.com

You must contact us within 40 calendar days of the date that wemailed (or otherwise delivered by a means to which you agreed) thesubstitute check in question or the account statement showing thatthe substitute check was posted to your account, whichever is later.We will extend this time period if you were not able to make a timelyclaim because of extraordinary circumstances.

Your claim must include —

• A description of why you have suffered a loss (for example,you think the amount withdrawn was incorrect);

• An estimate of the amount of your loss;

• An explanation of why the substitute check you received isinsufficient to confirm that you suffered a loss; and

• A copy of the substitute check or the following informationto help us identify the substitute check: the check number,the amount of the check, the date of the check, and thename of the person to whom you wrote the check.

ELECTRONIC FUND TRANSFERSIndicated below are types of Electronic Fund Transfers we arecapable of handling, some of which may not apply to your account.Please read this disclosure carefully because it tells you your rightsand obligations for the transactions listed. You should keep thisnotice for future reference.

Electronic Funds Transfers Initiated By Third Parties. You mayauthorize a third party to initiate electronic fund transfers between

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your account and the third party’s account. These transfers to makeor receive payment may be one-time occurrences or may recur asdirected by you. These transfers may use the Automated ClearingHouse (ACH) or other payments network. Your authorization to thethird party to make these transfers can occur in a number of ways.For example, your authorization to convert a check or draft to anelectronic fund transfer or to electronically pay a returned check ordraft charge can occur when a merchant provides you with notice andyou go forward with the transaction (typically, at the point ofpurchase, a merchant will post a sign and print the notice on areceipt). In all cases, these third party transfers will require you toprovide the third party with your account number and credit unioninformation. This information can be found on your check or draft aswell as on a deposit or withdrawal slip. Thus, you should only provideyour credit union and account information (whether over the phone,the Internet, or via some other method) to trusted third parties whomyou have authorized to initiate these electronic fund transfers.Examples of these transfers include, but are not limited to:

• Preauthorized credits. You may make arrangements forcertain direct deposits to be accepted into your checking orsavings account(s).

• Preauthorized payments. You may make arrangements to paycertain recurring bills from your checking account(s).

• Electronic check or draft conversion. You may authorize amerchant or other payee to make a one-time electronicpayment from your checking or share draft account usinginformation from your check or draft to pay for purchases orpay bills.

• Electronic returned check or draft charge. You mayauthorize a merchant or other payee to initiate an electronicfunds transfer to collect a charge in the event a check or draftis returned for insufficient funds.

Telephone TellerSM Transfers - types of transfers - You may accessyour account by telephone 24 hours, 7 days a week at 1-877-GOLDEN1 (1-877-465-3361), Option 2 using your personal identificationnumber, a touch-tone phone and your account number(s), to:

• transfer funds from checking to checking

• transfer funds from checking to savings

• transfer funds from savings to checking

• transfer funds from savings to savings

• transfer funds from line of credit to checking

• transfer funds from line of credit to savings

• make payments from checking to loan accounts with us

• make payments from savings to loan accounts with us

• get information about:

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- the account balance of checking accounts

- the last five deposits to checking accounts

- the last five withdrawals from checking accounts

- the account balance of savings accounts

- the last five deposits to savings accounts

- the last five withdrawals from savings accounts

ATM Transfers - types of transfers and dollar limitations - You mayaccess your account(s) by ATM using your ATM card and personalidentification number (PIN) or Visa® Debit Card and personalidentification number (PIN), to:

• make deposits to checking account(s)

• make deposits to savings account(s)

• get cash withdrawals from checking account(s)

- dollar limitations will be disclosed in writing at cardissuance

• get cash withdrawals from savings account(s)

- dollar limitations will be disclosed in writing at cardissuance

• transfer funds from savings to checking account(s)

• transfer funds from checking to savings account(s)

• transfer funds from line of credit to checking account(s)

• transfer funds from line of credit to savings account(s)

• make payments from checking account(s) to consumer loanaccounts with us, except payments to credit cards

• get information about:

- the account balance of your checking account(s)

- the account balance of your savings accounts

Some of these services may not be available at all terminals.

Types of ATM Card Point-of-Sale Transactions - You may accessyour checking account(s) to purchase goods (in person), pay forservices (in person), get cash from a merchant, if the merchantpermits, or from a participating financial institution, and doanything that a participating merchant will accept.

Point-of-Sale Transactions - dollar limitations - Using your card:

• dollar limitations will be disclosed in writing at card issuance

Types of Visa® Debit Card Point-of-Sale Transactions - You mayaccess your checking account(s) to purchase goods (in person,

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online, or by phone), pay for services (in person, online, or byphone), get cash from a merchant, if the merchant permits, or froma participating financial institution, and do anything that aparticipating merchant will accept.

Point-of-Sale Transactions - dollar limitations - Using your card:

• dollar limitations will be disclosed in writing at card issuance

Visa®/Mastercard Foreign Transaction Fee

Transactions that you incur in foreign currencies will be posted toyour account in U.S. dollars. Foreign transactions are normallyconverted to U.S. dollars by the network processing the transaction,which may impose a fee for this service. Since conversion may occurafter the date of the transaction, the conversion rate in effect on theprocessing date may differ from the rate in effect on the transactiondate or posting date. You agree that the transaction amount asconverted by the network may be deducted from your account, aswell as any conversion charges which are imposed. You agree toaccept the converted amount in U.S. dollars.

Visa USA charges us a .8% International Service Assessment (ISA)on all international transactions, regardless of whether there is acurrency conversion. If there is a currency conversion, theInternational Service Assessment is 1% of the transaction. In eithercase, we pass this international transaction fee on to you. Thecurrency conversion rate used to determine the transaction amountin U.S. dollars is either (i) a rate selected by Visa from the range ofrates available in wholesale currency markets for the applicablecentral processing date, which rate may vary from the rate Visa itselfreceives, or (ii) the government-mandated rate in effect for theapplicable central processing date, in each instance in addition tothe VISA ISA fee.

Any time you complete a foreign transaction using your ATM or DebitCard through the Mastercard Network, such as through Cirrus® orMaestro®, for a transaction in a foreign country (excludingtransactions initiated in U.S. territories or at U.S. military bases inforeign countries), you will be assessed an Issuer Cross-borderAssessment fee (“ICA”). In addition, you will be assessed a CurrencyConversion Assessment fee (“CCA”) if the merchant settles in acurrency other than U.S. dollars. Therefore, if you perform atransaction outside of the U.S. and the transaction is in a foreigncurrency, you will be assessed both the ICA and the CCA fees.However, if the transaction is in U.S. dollars, then you will beassessed only the ICA fee. Currently, the ICA fee is 0.90% (90 basispoints) and the CCA fee is 0.20% (20 basis points). These fees areassessed by Mastercard to Golden 1 and passed on to members. Thecurrency conversion rate used to determine the transaction amountin U.S. dollars is either (i) a rate selected by Mastercard from therange of rates available in wholesale currency markets for theapplicable central processing date, which rate may vary from the

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rate Mastercard itself receives, or (ii) the government-mandated ratein effect for the applicable central processing date, in each instancein addition to the CCA fee.

Advisory Against Illegal Use. You agree not to use your card(s) forillegal gambling or other illegal purpose. Display of a payment cardlogo by, for example, an online merchant does not necessarily meanthat transactions are lawful in all jurisdictions in which thecardholder may be located.

In accordance with the requirements of the Unlawful InternetGambling Enforcement Act of 2006 and Regulation GG, thisnotification is to inform you that restricted transactions areprohibited from being processed through your account orrelationship with our institution. Restricted transactions aretransactions in which a person accepts credit, funds, instrumentsor other proceeds from another person in connection with unlawfulInternet gambling.

Please see your cardholder agreement for additional informationrelating to the use of your ATM Card and Visa® Debit Card.

Non-Visa Debit Transaction Processing. We have enabled non-Visadebit transaction processing. This means you may use your Debit Cardon a PIN-Debit Network* (a non-Visa network) without using a PIN.

The non-Visa debit network(s) for which such transactions areenabled are: Accel™ Network (© 2013 Fiserv, Inc. or its affiliates.Accel and the Accel logo are trademarks of Fiserv, Inc.).

Examples of the types of actions that you may be required to maketo initiate a Visa transaction on your ATM/Debit Card include signinga receipt, providing a card number over the phone or via theInternet, or swiping the card through a point-of-sale terminal.

Examples of the types of actions you may be required to make toinitiate a transaction on a PIN-Debit Network include initiating apayment directly with the biller (possibly via telephone, Internet, orkiosk locations), responding to a logo displayed at a payment siteand choosing to direct payment through that network, and havingyour identity verified using known information derived from anexisting relationship with you instead of through use of a PIN.

Examples of the types of actions you may be required to make toinitiate a transaction on the Accel Network include initiating apayment directly with the biller, possibly via telephone, Internet, orkiosk locations. Accel Network billers are required to display theAccel logo. Accel Network billers must also allow you to choose howyour payment is directed. Thus, you could see the Accel logo andchoose to direct your payment through the Accel Network. Inaddition, Accel Bill Payments are not authenticated with a PIN;instead the biller authenticates your identity using knowninformation derived from an existing relationship with you.

The provisions of your agreement with us relating only to Visatransactions are not applicable to non-Visa transactions. For

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example, the additional limits on liability (sometimes referred to asVisa's zero-liability program) and the streamlined error resolutionprocedures offered on Visa debit card transactions are notapplicable to transactions processed on a PIN-Debit Network.

*Visa Rules generally define PIN-Debit Network as a non-Visa debitnetwork that typically authenticates transactions by use of apersonal identification number (PIN) but that is not generally knownfor having a card program.

Golden 1 OnlineSM Online Transfers - types of transfers - You mayaccess your account(s) by computer through the Internet by loggingon to our Web site at golden1.com and using your account numberand your password, to:

• transfer funds from checking to checking

• transfer funds from checking to savings

• transfer funds from savings to checking

• transfer funds from savings to savings

• transfer funds from line of credit to checking

• transfer funds from line of credit to savings

• perform online external transfers incoming and outgoing

- not available on New Generation CheckingSM Account

- not available on Golden I Freedom CheckingSM Account

• make payments from checking to loan account(s) with us

• make payments from checking to third parties (Bill Payment)

• make payments from savings to loan account(s) with us

• get information about:

- the account balance of checking account(s)

- the deposits to checking account(s)

- the withdrawals from checking account(s)

- the account balance of savings account(s)

- the deposits to savings account(s)

- the withdrawals from savings account(s)

- loans, Term-Savings Certificate

FEES• We do not charge for direct deposits to any type of account.

• We do not charge for preauthorized payments from any type ofaccount.

Except as indicated elsewhere, we do not charge for these electronicfund transfers.

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ATM Operator/Network Fees. When you use an ATM not owned by us,you may be charged a fee by the ATM operator or any network used(and you may be charged a fee for a balance inquiry even if you donot complete a fund transfer).

DOCUMENTATION • Terminal transfers. You can get a receipt at the time you make atransfer to or from your account using an automated teller machineor point-of-sale terminal. However, you may not get a receipt if theamount of the transfer is $15 or less.

• Preauthorized credits. If you have arranged to have directdeposits made to your accounts at least once every 60 days fromthe same person or company, the person or company making thedeposit will tell you every time they send us the money. You canalso contact us at 1-877-GOLDEN 1 (1-877-465-3361), Option 2 tofind out whether or not the deposit has been made.

• Periodic statements. You will get a monthly account statement fromus for your checking accounts.

You will get a monthly account statement from us for your savingsaccounts, unless there are no transfers in a particular month. In anycase, you will get a statement at least quarterly.

PREAUTHORIZED PAYMENTS• Right to stop payment and procedure for doing so. If you have toldus in advance to make regular payments out of your account, youcan stop any of these payments. Here is how:

Call or write us at the telephone number or address listed in thisdisclosure in time for us to receive your request 3 business daysor more before the payment is scheduled to be made. If you call,we may also require you to put your request in writing and get itto us within 14 calendar days after you call.

Please refer to our separate fee schedule for the amount we willcharge you for each stop-payment order you give.

• Notice of varying amounts. If these regular payments may vary inamount, the person you are going to pay will tell you, 10 days beforeeach payment, when it will be made and how much it will be. (Youmay choose instead to get this notice only when the payment woulddiffer by more than a certain amount from the previous payment, orwhen the amount would fall outside certain limits that you set.)

• Liability for failure to stop payment of preauthorized transfer. If youorder us to stop one of these payments 3 business days or morebefore the transfer is scheduled, and we do not do so, we will beliable for your losses or damages.

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FINANCIAL INSTITUTION’S LIABILITYLiability for failure to make transfers. If we do not complete atransfer to or from your account on time or in the correct amountaccording to our agreement with you, we will be liable for yourlosses or damages. However, there are some exceptions. We will notbe liable, for instance:

(1) If, through no fault of ours, you do not have enough moneyin your account to make the transfer.

(2) If you have an overdraft line and the transfer would go overthe credit limit.

(3) If the automated teller machine where you are making thetransfer does not have enough cash.

(4) If the terminal or system was not working properly and youknew about the breakdown when you started the transfer.

(5) If circumstances beyond our control (such as fire or flood)prevent the transfer, despite reasonable precautions that wehave taken.

(6) There may be other exceptions stated in our agreement withyou.

CONFIDENTIALITYWe will disclose information to third parties about your account or thetransfers you make:

(1) where it is necessary for completing transfers; or

(2) in order to verify the existence and condition of your accountfor a third party, such as a credit bureau or merchant; or

(3) in order to comply with government agency or court orders; or

(4) as explained in the Privacy Disclosure disclosed elsewhere.

UNAUTHORIZED TRANSFERS(a) Consumer liability.

• Generally. Tell us AT ONCE if you believe your card and/or code hasbeen lost or stolen, or if you believe that an electronic fund transferhas been made without your permission using information from yourcheck or draft. Telephoning is the best way of keeping your possiblelosses down. You could lose all the money in your account (plus yourmaximum overdraft line of credit). You can lose no more than $50 ifsomeone used your card and/or code without your permission, and,either:

(i) your card was used to initiate a transaction without a PIN orother personal identification number and you notify us of theunauthorized use, or

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(ii) you tell us within 2 business days after you learn of the lossor theft of your card and/or code. If you do NOT tell uswithin 2 business days after you learn of the loss or theft ofyour card and/or code, and we can prove we could havestopped someone from using your card and/or code withoutyour permission if you had told us, you could lose as muchas $500.

Also, if your statement shows transfers that you did not make,including those made by card, code or other means, tell us at once.If you do not tell us within 60 days after the statement was mailedto you, you may not get back any money you lost after the 60 days ifwe can prove that we could have stopped someone from taking themoney if you had told us in time. If a good reason (such as a longtrip or a hospital stay) kept you from telling us, this time period maybe extended.

• Additional Limit on Liability for VISA® Debit Card. Unless you havebeen negligent or have engaged in fraud, you will not be liable forany unauthorized transactions made using your lost or stolenVISA® Debit Card. This additional limit on liability does not applyto ATM transactions outside of the U.S., to ATM transactions notsent over Visa or Plus networks, or to transactions using yourPersonal Identification Number which are not processed by VISA®.Visa is a registered trademark of Visa International ServiceAssociation.

(b) Contact in event of unauthorized transfer. If you believe your cardand/or code has been lost or stolen, call or write us at thetelephone number or address listed in this disclosure. You shouldalso call the number or write to the address listed in thisdisclosure if you believe a transfer has been made using theinformation from your check without your permission.

ERROR RESOLUTION NOTICEIn case of errors or questions about your electronic transfers, call orwrite us at the telephone number or address listed in this disclosure,as soon as you can, if you think your statement or receipt is wrong orif you need more information about a transfer listed on thestatement or receipt. We must hear from you no later than 60 daysafter we sent the FIRST statement on which the problem or errorappeared.

(1) Tell us your name and account number (if any).

(2) Describe the error or the transfer you are unsure about, andexplain as clearly as you can why you believe it is an error orwhy you need more information.

(3) Tell us the dollar amount of the suspected error.

If you tell us orally, we may require that you send us your complaintor question in writing within 10 business days.

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We will determine whether an error occurred within 10 businessdays (5 business days for Visa® Debit Card point-of-saletransactions processed by Visa and 20 business days if the transferinvolved a new account) after we hear from you and will correct anyerror promptly. If we need more time, however, we may take up to45 days (90 days if the transfer involved a new account, a point-of-sale transaction, or a foreign-initiated transfer) to investigate yourcomplaint or question. If we decide to do this, we will credit youraccount within 10 business days (5 business days for Visa® DebitCard point-of-sale transactions processed by Visa and 20 businessdays if the transfer involved a new account) for the amount youthink is in error, so that you will have the use of the money duringthe time it takes us to complete our investigation. If we ask you toput your complaint or question in writing and we do not receive itwithin 10 business days, we may not credit your account. Youraccount is considered a new account for the first 30 days after thefirst deposit is made, unless each of you already has an establishedaccount with us before this account is opened.

We will tell you the results within three business days aftercompleting our investigation. If we decide that there was no error,we will send you a written explanation and provisional credit will berevoked.

You may ask for copies of the documents that we used in ourinvestigation.

GOLDEN 1 CREDIT UNION CARD INVESTIGATIONS

P.O. BOX 15966SACRAMENTO, CALIFORNIA 95852-0966

Business Days: Monday through Friday Excluding Federal Holidays

Phone: 1-877-465-3361

MORE DETAILED INFORMATION IS AVAILABLE ON REQUEST

All ATM/Visa® Debit Cards are nontransferable and are property ofGolden 1. The Credit Union may cancel, modify, and restrict the useof any Card upon proper notice or without notice if your account isoverdrawn or where necessary to maintain or restore the security ofaccounts on the ATM system.

NOTICE OF ATM/NIGHT DEPOSIT FACILITY USER PRECAUTIONS

As with all financial transactions, please exercise discretion whenusing an automated teller machine (ATM) or night deposit facility.For your own safety, be careful. The following suggestions may behelpful.

1. Prepare for your transactions at home (for instance, by fillingout a deposit slip) to minimize your time at the ATM or nightdeposit facility.

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2. Mark each transaction in your account record, but not while atthe ATM or night deposit facility. Always save your ATMreceipts. Don’t leave them at the ATM or night deposit facility.

3. Compare your records with the account statements oraccount histories that you receive.

4. Don’t lend your ATM or debit card to anyone.

5. Remember, do not leave your card at the ATM. Do not leaveany documents at a night deposit facility.

6. Protect the secrecy of your Personal Identification Number(PIN). Protect your ATM card as though it were cash. Don’t tellanyone your PIN. Don’t give anyone information regarding yourATM card or PIN over the telephone. Never enter your PIN inany ATM that does not look genuine, has been modified, has asuspicious device attached, or is operating in a suspiciousmanner. Don’t write your PIN where it can be discovered. Forexample, don’t keep a note of your PIN in your wallet or purse.

7. Prevent others from seeing you enter your PIN by using yourbody to shield their view.

8. If you lose your ATM or debit card or if it is stolen, promptlynotify us. You should consult the other disclosures you havereceived about electronic fund transfers for additionalinformation about what to do if your card is lost or stolen.

9. When you make a transaction, be aware of your surroundings.Look out for suspicious activity near the ATM or night depositfacility, particularly if it is after sunset. At night, be sure thatthe facility (including the parking area and walkways) is welllighted. Consider having someone accompany you when youuse the facility, especially after sunset. If you observe anyproblem, go to another ATM or night deposit facility.

10. Don’t accept assistance from anyone you don’t know whenusing an ATM or night deposit facility.

11. If you notice anything suspicious or if any other problemarises after you have begun an ATM transaction, you maywant to cancel the transaction, take your card and leave. Youmight consider using another ATM or coming back later.

12. Don’t display your cash; take it as soon as the ATM transactionis completed and count the cash later when you are in thesafety of your own car, home, or other secure surrounding.

13. At a drive-up facility, make sure all the car doors are lockedand all of the windows are rolled up, except the driver’swindow. Keep the engine running and remain alert to yoursurroundings.

14. We want the ATM and night deposit facility to be safe andconvenient for you. Therefore, please tell us if you know of anyproblem with a facility. For instance, let us know if a light is

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not working or there is any damage to a facility. Please reportany suspicious activity or crimes to both the operator of thefacility and the local law enforcement officials immediately.

WITHDRAWALS FROM YOUR ACCOUNTYour Available Balance

The available balance in your account plays a significant role in theoperation of your account. Your available balance is the balance inyour account that we use to determine if you have sufficient fundsto cover a transaction. Your available balance is the most currentrecord we have about the funds that are available for withdrawalfrom your account. In determining the available balance in youraccount, we will consider all transactions that have posted to youraccount, any holds that may be in place on deposits you have made,and pending transactions (such as pending debit card purchases)that the Credit Union has authorized but that have not yet posted toyour account.

Your account is considered overdrawn when the available balance inyour account is negative. It is very important to understand that youmay still overdraw your account even though the available balanceappears to show there are sufficient funds to cover a transactionthat you want to make. Your available balance does not reflect allyour outstanding checks, automatic bill payments that you haveauthorized, or other outstanding transactions that have not beenpaid from your account. For example, outstanding checks you havewritten will not be reflected in your available balance until they arepresented to us and paid from your account.

Also, your available balance may not reflect all of your debit cardtransactions. For example, if a merchant obtains our priorauthorization but does not submit a one-time debit card transactionfor payment within three (3) business days of authorization (or forup to thirty (30) business days for certain types of debit cardtransactions), we must release the authorization hold on thetransaction. The available balance will not reflect this transactiononce the hold has been released until the transaction has beenreceived by us and paid from your account. See the section entitled“Authorization Holds for Debit Card Transactions” for informationabout how authorization holds affect your available balance. We urgeyou to record and track all of your transactions closely to confirmthat your available balance accurately reflects your spending offunds from the account linked to your debit card.

In addition, your available balance may not reflect the most recentdeposits to your account. For details on the availability forwithdrawal of your deposits, see the section entitled “FundsAvailability Policy.”

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Operation of Account and Order of Posting

We receive deposit and withdrawal transactions in many differentforms throughout each business day. We reserve the right todetermine the timing and order in which such transactions areposted to your account to the extent permitted by law. We determinethe order in which we process and post deposits and other creditsand checks and other items to your account based on a number offactors.

We may pay or authorize some items, and decline or return others,in any order we deem appropriate to the extent permitted by law.When the available balance in your account is not sufficient to coverall of the items presented that day, some processing and postingorders can result in more returned items and more overdraft andreturned item fees than other orders. We may choose our processingand posting orders to the extent permitted by law regardless ofwhether additional fees result.

Some items are received by us individually and others are receivedin batches throughout each business day. Examples of items that wecurrently receive individually include ATM withdrawals and tellertransactions. These individual items are generally posted to youraccount as they are received by us each business day. Examples ofitems that we currently receive in batches include checks drawn onyour account presented by other financial institutions and ACH anddebit card transactions. We generally post batched transactions asthey are received by us throughout each business day (subject tocertain exceptions).

The timing and order used to post items to your account will dependupon a number of factors. We reserve the right to (i) establishdifferent categories of items, (ii) establish a posting order for eachcategory of item(s), (iii) establish different posting orders for itemswithin each category, and (iv) change the timing of when items areposted during the day and whether they are posted individually or inbatches. Except to the extent limited by regulatory and judicialauthorities, we have the right to change any of the factors describedin (i), (ii), (iii) and (iv) listed above at any time without notice to you.

You agree that, to the extent permitted by law, we may determine inour discretion the timing of posting items to your account, thecategories used by us to post items to your account, thetransactions within each category, the order among categories, andthe posting orders within a category. We may sometimes change thetiming of posting items to your account, add or delete categories,change posting orders within categories and move transaction typesamong categories. You agree that we may in our discretion makethese changes at any time without notice to you to the extentpermitted by law without notice to you.

Authorization Holds for Debit Card Transactions

When you make a purchase with your debit card, the merchant mayseek our prior authorization for the transaction. We generally place a

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temporary hold against some or all of the funds in the accountlinked to your debit card if and when an authorization request isobtained. We refer to this temporary hold as an “authorization hold,”and the amount of the authorization hold will be subtracted fromyour available balance (generally in real time as they are received byus throughout each day).

The amount of an authorization hold may differ from the actualtransaction amount because the actual transaction amount may notyet be known to the merchant when the authorization request issubmitted (such as a gas station purchase). For those transactions,there may be no authorization hold, or the amount of theauthorization hold may be different from the transaction amount. Insome other cases we may not receive an authorization request fromthe merchant, and there will be no authorization hold reflected inyour available balance.

We are permitted to place an authorization hold on your account forup to three (3) business days (or for up to thirty (30) business daysfor certain types of debit card transactions) from the time of theauthorization. If the transaction is not submitted for payment by themerchant within the specified time period, however, we will releasethe authorization hold, which will increase your available balanceuntil the transaction is submitted for payment by the merchant andfinally posted to your account. If this happens, we must honor theprior authorization and will pay the transaction from your account.We urge you to record and track all of your transactions closely toconfirm that your available balance accurately reflects your spendingof funds from the account linked to your debit card.

INSUFFICIENT FUNDSOverdrafts and Returned Items

General

You are responsible for keeping track of the funds in your accountthat are available for you to use before you write a check, make acash withdrawal at an ATM, or use your debit card for a transaction.We encourage you to manage your funds responsibly. Among otherthings, you should keep a running balance that reflects all of yourtransactions. It is imperative that you keep track of the outstandingtransactions you may have authorized (such as outstanding checksor automatic bill payments for example), as your available balancewill not reflect these transactions until they are paid from youraccount. As discussed in the section entitled “Your AvailableBalance,” our record of your available balance may also not reflectall of your debit card transactions. Also remember that you shouldnot assume that you can avoid overdrafting your account by makinga deposit before a check or other item is presented for paymentbecause your deposit may not be immediately available forwithdrawal. (See our “Funds Availability Policy” for completedetails).

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Insufficient Funds - Overdrafts and Returned Items

We will generally charge a fee for any item presented for payment ona business day when your account is overdrawn. If we pay it, we willcharge an overdraft fee (subject to any limitations we impose andsubject to special rules for everyday debit card transactionsdiscussed in greater detail below). If we return it, we will generallycharge a returned item fee. Please see the section entitled FeeSchedule for a listing of fees.

You can avoid fees for overdrafts and returned items by making surethat your account always contains sufficient available funds to coverall of your transactions. We offer services that you can use to helpyou manage your account and help you avoid overdrafts. Werecommend that you enroll in one of the optional overdraftprotection plans described below. These plans can help you avoidoverdrafts and returned items. While fees apply when you use anoptional overdraft protection plan, the fees under the plan may beless expensive than the fees for overdrafts and declined or returneditems. Please see our “Optional Overdraft Protection Services”below.

When we determine that the available balance in your account is notsufficient to cover a check or other item, then we consider the checkor other item an insufficient funds item. If you have enrolled in oneof the optional overdraft protection plans and have enough availablefunds in the linked account under the overdraft protection plan, wetransfer funds to cover the item. Otherwise, without notice to you,we either authorize or pay the insufficient funds item and overdrawyour account (an overdraft item) or we decline or return theinsufficient funds item without payment (a returned item).

We pay overdrafts at our discretion, which means we do notguarantee that we will always, or ever, authorize and pay them. Weare not obligated to pay any item presented for payment against youraccount if the available balance in your account is insufficient tocover the item. If we overdraw your account to pay items on one ormore occasions, we are not obligated to continue paying futureinsufficient funds items. We may pay all, some, or none of youroverdrafts, without notice to you. If we do not authorize and pay anoverdraft, then we decline or return the transaction unpaid.

Optional Overdraft Protection Services

We offer optional overdraft protection services that you may applyfor such as Line of Credit Overdraft Protection (where your line ofcredit is used for overdraft protection) and Transfer OverdraftProtection (where funds from another account, such as your savingsaccount, are used for overdraft protection). If you apply and arequalified for these optional services, we will look first to theseservices for overdraft protection before applying our Courtesy Payprogram when your account is overdrawn. These other overdraftservices may save you money on the total fees you pay us foroverdraft protection. Please see Application for Membership and

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Credit Agreement and Truth-in-Lending Disclosure for more detailson these plans.

Courtesy Pay (Including Courtesy Pay for Everyday Debit CardTransactions)

An overdraft occurs when the available balance in your checkingaccount is insufficient to cover a transaction, but we pay it anyway.We may cover your overdrafts in two different ways:

1.We have standard overdraft practices that come with certainaccounts.

2.We also have optional overdraft protection services such as alink to a savings account or a line of credit which may be lessexpensive than our standard overdraft practices.

With our standard overdraft protection, also called Courtesy Pay, wedo authorize and pay overdrafts for the following types oftransactions:

• Checks and other transactions made using your checkingaccount number

• Automatic bill payments

We will not authorize and pay overdrafts for ATM transactions at all,and will not generally pay overdrafts on everyday debit cardtransactions on existing accounts unless you ask us to by opting in.

You will be eligible for our Courtesy Pay program if you have aneligible account type (as described below) and if you maintain youraccount in good standing. Maintaining your account in goodstanding includes, among other requirements, the following:

1.You are not in default on any loan obligation to us;

2.You bring your account to a positive balance (not overdrawn)immediately or as soon as possible after it has beenoverdrawn, and in no event less than once every thirty (30)days; and

3.Your account is not the subject of any legal or administrativeorder or levy, such as bankruptcy or a tax lien.

Special rules apply for everyday (non-recurring) debit cardtransactions. We generally permit overdrafts, and may charge anoverdraft fee on your debit card transactions only if you haveconsented to our overdraft protection service. We refer to this asCourtesy Pay For Everyday Debit Card Transactions. There arevarious ways to opt in to Courtesy Pay for Everyday Debit CardTransactions. For more information, please see our disclosureentitled “What You Should Know About Overdrafts and OverdraftFees.” If you also want us to authorize and pay overdraft on everydaydebit card transactions, visit golden1.com/DebitOverdraft or anyGolden 1 branch, call 1-877-GOLDEN 1 (1-877-465-3361).

If you meet our requirements, we will consider, without obligation onour part, approving your reasonable overdrafts up to your assigned

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Courtesy Pay program limit (subject to special rules for debit cardtransactions).

Our Fee Schedule for your account explains when we charge youfees for overdrafts and for returned items and the dollar amount ofthe fees. Please review the Fee Schedule for your account carefully.

If your account is overdrawn, you agree to repay us immediately,without notice or demand from us. We ordinarily use deposits you orothers make to your account to pay overdrafts, fees and otheramounts you owe us.

We may refuse to pay an overdraft for you at any time, even thoughyour account is in good standing and even though we may havepreviously paid overdrafts for you. This program is a courtesyextended at our discretion, and we have no obligation to pay anyitems drawn against insufficient funds. You will be notified by anymethod reasonably calculated to provide actual notice, includingwithout limitation, notice given by first class mail to your lastaddress shown on the credit union's records, or by electronictransmission as permitted by law, of any items drawn againstinsufficient funds paid or returned that you may have; however, wehave no obligation to notify you before we pay or return any item.The amount of any overdrafts, including our fees, that you owe usshall be due and payable immediately. If there is an item drawnagainst insufficient funds paid by us on an account with more thanone (1) member on the signature card, each member, and agent ifapplicable, drawing/presenting the item creating the overdraft, shallbe jointly and severally liable for such overdrafts including our fees(if any).

Please note:

• Eligible Account Types: The account types that are eligible forthe Courtesy Pay program are: Free Checking, MarketRateCheckingSM, and Premium CheckingSM Accounts.

• Eligible Transaction Types: Insufficient funds transactionsinitiated for payment against your checking account(s) may beapproved and paid by us up to your Courtesy Pay limit,including fees, only for certain transaction types. These eligibletransaction types include Checks and ACH/Electronic Items.(Your Golden 1 checks presented for cash in branches are notincluded transactions.)

• Ineligible Accounts and Limitations: Courtesy Pay is availableonly for eligible checking accounts that are maintained ingood standing as defined above. Savings Type Accounts,Money Market Accounts, Public Fund/Charitable OrganizationAccounts, Association Accounts, SmartStart CheckingSM

Accounts, Student Checking Accounts, New GenerationCheckingSM Accounts, and Golden 1 Freedom CheckingSM

Accounts are not eligible for this program. We may in our sole

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option and discretion, limit the number of your accountseligible for the Courtesy Pay program to one account perhousehold and/or one account per taxpayer identificationnumber.

• Special rules apply for Courtesy Pay for Everyday Debit CardTransactions.

• You may always opt out: You may choose at any time to opt outand not participate in the Courtesy Pay program. If you chooseto opt out and no longer participate in the Courtesy Payprogram, and you have opted in to Courtesy Pay for EverydayDebit Card Transactions, you will also be automatically removedfrom the debit card protection. Furthermore, if you have optedin to Courtesy Pay for Everyday Debit Card Transactions, youmay also choose at any time to opt out and not participate init. If you wish to opt out, please contact a Member ServiceRepresentative at 1-877 GOLDEN 1 (1-877-465-3361).

• If you need help: Of course, overdrafts should not be used topay ordinary or routine expenses and you should not rely onoverdrafts as a means to cover these expenses. If at any timeyou feel you need help with your financial obligations pleasecontact one of our Member Service Representatives at 1-877 GOLDEN 1 (1-877-465-3361).

ALWAYS A DISCRETIONARY PROGRAM:

These terms and conditions in no way obligate us to extend theCourtesy Pay program to you. This program represents a purelydiscretionary courtesy or privilege that we provide and which may bewithdrawn or withheld by us at any time without prior notice, reasonor cause. We reserve the right to exclude you from the Courtesy Payprogram for any reason, including for what we believe to beexcessive use of Courtesy Pay.

The Responsibility is Yours

Please remember that the responsibility for ensuring that thefunds in your account will cover a transaction is yours. Youshould keep a running balance of the amount of funds in youraccount to ensure that there are sufficient funds in your account.We provide various tools that will help you manage your account,such as online banking and mobile banking applications. Pleaseremember that the balance displayed using these tools may beeither your available balance or your ledger balance. It is importantthat you understand the difference between these two balances.

Your available balance is the most current record we have about thefunds that are available for withdrawal from your account (but doesnot include certain pending transactions as described in greaterdetail previously in “Your Available Balance”). Your ledger balance,on the other hand, is simply the beginning balance in your account.It includes only deposits and withdrawals posted to your account.Your ledger balance does not include any pending transactions and

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may include deposits that are not yet available for withdrawal. Theamount displayed on your monthly statements from us is your ledgerbalance.

For a variety of reasons, neither your available balance nor yourledger balance may represent the funds in your account that will beavailable to cover a particular transaction at the time you enter intoit (such as delivering a check to a merchant) depending on anumber of factors, including, without limitation, how and when theitem for such transaction is presented to us. The responsibility forensuring that a transaction will not overdraw your account isyours.

TRUTH-IN-SAVINGS DISCLOSURE

REGULAR SAVINGS ACCOUNTRate Information - See separate Rate Sheet.

Compounding and crediting - Dividends will be compounded everymonth. Dividends will be credited to your account every month.

Dividend period - For this account type, the dividend period ismonthly, for example, the beginning date of the first dividend periodof the calendar year is January 1, and the ending date of suchdividend period is January 31. All other dividend periods follow thissame pattern of dates. The dividend declaration date follows theending date of a dividend period, and for the example above isFebruary 1.

If you close your account before dividends are paid, you will notreceive the accrued dividends.

Minimum opening deposit - The minimum deposit required to openthis account is $1.00.

Monthly maintenance fee - There is no monthly maintenance fee.

Minimum balance requirements - You must maintain a minimum dailybalance of $100.00 in your account each day to obtain thedisclosed annual percentage yield.

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

Accrual of dividends on non-cash deposits - Dividends will begin toaccrue on the business day you deposit non-cash items (forexample, checks) in your account.

Transaction limitations - During any month, you may not make morethan six withdrawals or transfers to another credit union account ofyours or to a third party by means of a preauthorized or automatictransfer, computer transfer, telephonic order or instruction or similarorder to a third party. If you exceed the transfer limitations set forthabove, your account will be subject to closure by the credit union.

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Par value of a share - The par value of a share in this account is$1.00.

Fees and charges - An excessive withdrawal fee will be charged foreach lobby withdrawal or transfer in excess of three during acalendar month. See separate Fee Schedule.

FLEXSAVINGSSM ACCOUNTRate Information - See separate Rate Sheet.

Compounding and crediting - Dividends will be compounded everymonth. Dividends will be credited to your account every month.

Dividend period - For this account type, the dividend period ismonthly, for example, the beginning date of the first dividend periodof the calendar year is January 1, and the ending date of suchdividend period is January 31. All other dividend periods follow thissame pattern of dates. The dividend declaration date follows theending date of a dividend period, and for the example above isFebruary 1.

If you close your account before dividends are paid, you will notreceive the accrued dividends.

Minimum opening deposit - The minimum deposit required to openthis account is $20.00 or $5.00 with payroll deduction or automatictransfer.

Minimum balance requirements - There are no minimum balancerequirements.

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

Accrual of dividends on non-cash deposits - Dividends will begin toaccrue on the business day you deposit non-cash items (forexample, checks) in your account.

Transaction limitations - If any withdrawals are made from thisaccount before the payout date, this account will be closed. Thepayout date is selected by the member and must be on the first dayof any month of any year, not to exceed 20 years. On the payoutdate, the funds will be transferred to the member’s Regular Savingsaccount.

YOUTH SAVINGS ACCOUNT(Converts to Regular Savings at Age 18)Rate Information - See separate Rate Sheet.

Compounding and crediting - Dividends will be compounded everymonth. Dividends will be credited to your account every month.

Dividend period - For this account type, the dividend period ismonthly, for example, the beginning date of the first dividend periodof the calendar year is January 1, and the ending date of such

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dividend period is January 31. All other dividend periods follow thissame pattern of dates. The dividend declaration date follows theending date of a dividend period, and for the example above isFebruary 1.

If you close your account before dividends are paid, you will notreceive the accrued dividends.

Minimum opening deposit - The minimum deposit required to openthis account is $1.00.

Minimum balance requirements - There are no minimum balancerequirements.

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

Accrual of dividends on non-cash deposits - Dividends will begin toaccrue on the business day you deposit non-cash items (forexample, checks) in your account.

Transaction limitations - During any month, you may not make morethan six withdrawals or transfers to another credit union account ofyours or to a third party by means of a preauthorized or automatictransfer, computer transfer, telephonic order or instruction or similarorder to a third party. If you exceed the transfer limitations set forthabove, your account will be subject to closure by the credit union.

Fees and charges - An excessive withdrawal fee will be charged foreach lobby withdrawal or transfer in excess of three during acalendar month. See separate Fee Schedule.

MONEY MARKET SAVINGS ACCOUNTRate Information - See separate Rate Sheet.

Compounding and crediting - Dividends will be compounded everymonth. Dividends will be credited to your account every month.

Dividend period - For this account type, the dividend period ismonthly, for example, the beginning date of the first dividend periodof the calendar year is January 1, and the ending date of suchdividend period is January 31. All other dividend periods follow thissame pattern of dates. The dividend declaration date follows theending date of a dividend period, and for the example above isFebruary 1.

If you close your account before dividends are paid, you will notreceive the accrued dividends.

Minimum opening deposit - The minimum deposit required to openthis account is $2,500.00.

Minimum balance requirements - You must maintain a minimumaverage daily balance of $2,500 in aggregate deposit accountsunder the same account number as the Money Market SavingsAccount to avoid a service charge fee. If during any month, youraggregate deposit balance falls below the required minimum, your

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account will be subject to a service charge fee for that month. Seeseparate Fee Schedule.

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

Accrual of dividends on non-cash deposits - Dividends will begin toaccrue on the business day you deposit non-cash items (forexample, checks) in your account.

Transaction limitations:

During any month, you may not make more than six withdrawals ortransfers to another credit union account of yours or to a third partyby means of a preauthorized or automatic transfer, computertransfer, telephonic order or instruction or similar order to a thirdparty. If you exceed the transfer limitations set forth above, youraccount will be subject to closure by the credit union.

IRA SAVINGS ACCOUNTRate Information - See separate Rate Sheet.

Compounding and crediting - Dividends will be compounded everymonth. Dividends will be credited to your account every month.

Dividend period - For this account type, the dividend period ismonthly, for example, the beginning date of the first dividend periodof the calendar year is January 1, and the ending date of suchdividend period is January 31. All other dividend periods follow thissame pattern of dates. The dividend declaration date follows theending date of a dividend period, and for the example above isFebruary 1.

If you close your account before dividends are paid, you will notreceive the accrued dividends.

Minimum opening deposit - The minimum deposit required to openthis account is $25.00.

Minimum balance requirements - There are no minimum balancerequirements.

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

Accrual of dividends on non-cash deposits - Dividends will begin toaccrue on the business day you deposit non-cash items (forexample, checks) in your account.

Transaction limitations:

You may not make any withdrawals or transfers to another creditunion account of yours or to a third party by means of apreauthorized or automatic transfer, telephonic order or instruction,or similar order to a third party.

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You may make unlimited additions into your account. There are nolimitations on the frequency or timing of additions.

SANTA SAVERSM SAVINGS ACCOUNTRate Information - See separate Rate Sheet.

Compounding and crediting - Dividends will be compounded everymonth. Dividends will be credited to your account every month.

Dividend period - For this account type, the dividend period ismonthly, for example, the beginning date of the first dividend periodof the calendar year is January 1, and the ending date of suchdividend period is January 31. All other dividend periods follow thissame pattern of dates. The dividend declaration date follows theending date of a dividend period, and for the example above isFebruary 1.

If you close your account before dividends are paid, you will notreceive the accrued dividends.

Minimum opening deposit - The minimum deposit required to openthis account is $20.00 or $5.00 with payroll deduction or automatictransfer.

Minimum balance requirements - There are no minimum balancerequirements.

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

Accrual of dividends on non-cash deposits - Dividends will begin toaccrue on the business day you deposit non-cash items (forexample, checks) in your account.

Transaction limitations - You may not make any withdrawals ortransfers to another credit union account of yours or to a third partyby means of a preauthorized or automatic transfer, telephonic orderor instruction, or similar order to a third party.

If any withdrawal is made from this account before October 31, thenthis account will be closed.

Payout of this account is November 1 to either savings or checking.

COLLATERAL ACCOUNT(This account is tied to the Platinum Secured credit card and is notavailable as a standard deposit account.)

Rate Information - See separate Rate Sheet.

Compounding and crediting - Dividends will be compounded everymonth. Dividends will be credited to your account every month.

Dividend period - For this account type, the dividend period ismonthly, for example, the beginning date of the first dividend periodof the calendar year is January 1, and the ending date of such

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dividend period is January 31. All other dividend periods follow thissame pattern of dates. The dividend declaration date follows theending date of a dividend period, and for the example above isFebruary 1.

If you close your account before dividends are paid, you will notreceive the accrued dividends.

Minimum opening deposit - The minimum deposit required to openthis account is $1.00.

Monthly maintenance fee - There is no monthly maintenance fee.

Minimum balance requirements - You must maintain a minimum dailybalance of $100.00 in your account each day to obtain thedisclosed annual percentage yield.

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

Accrual of dividends on non-cash deposits - Dividends will begin toaccrue on the business day you deposit non-cash items (forexample, checks) in your account.

Transaction limitations - Transactions are limited to deposits andwithdrawals to secure 100% of your Platinum Secured credit cardaccount credit limit. Funds in this account are not available forwithdrawal or transfer while it secures your credit card.

PREMIUM CHECKINGSM ACCOUNTRate Information - See separate Rate Sheet.

Compounding and crediting - Dividends will be compounded everymonth. Dividends will be credited to your account every month.

Dividend period - For this account type, the dividend period ismonthly, for example, the beginning date of the first dividend periodof the calendar year is January 1, and the ending date of suchdividend period is January 31. All other dividend periods follow thissame pattern of dates. The dividend declaration date follows theending date of a dividend period, and for the example above isFebruary 1.

If you close your account before dividends are paid, you will notreceive the accrued dividends.

Minimum opening deposit - The minimum deposit required to openthis account is $100.00.

Minimum balance requirements - You must maintain a minimumdaily balance of $1,000.00 in your account to avoid a monthlymaintenance fee. If, during any month, your account balance fallsbelow the required minimum daily balance, your account will besubject to a monthly maintenance fee. The monthly maintenancefee will be waived if you have an aggregate savings balance of$5,000.00 or more in any combination of savings accounts under

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the same membership as the Premium Checking Account during the statement period at the time the monthly maintenance fee is assessed; or, if you have electronic Direct Deposit during the month to that Premium Checking Account.

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 non-cash deposits - Dividends will begin to accrue on the business day you deposit non-cash items (for example, checks) in your account.

Transaction limitations - No transaction limitations apply to this account unless otherwise stated in the Common Features section.

Fees and charges - See separate Fee Schedule.

FREE CHECKING ACCOUNT(This account does not pay dividends)

Fees and charges - See separate Fee Schedule.

STUDENT CHECKING ACCOUNT(This account does not pay dividends)

This basic account is specially designed for college students. To qualify, applicants must be 17 years or older with proof of acceptance, enrollment or attendance at a college or university. After 5 years, this account automatically converts to Free Checking unless proof of continued enrollment is provided.

Fees and charges - See separate Fee Schedule.

Additional limitations - This account is not eligible for our Courtesy Pay program.

SMARTSTART CHECKINGSM ACCOUNT(This account does not pay dividends)

Fees and charges - See separate Fee Schedule.Additional limitations - This account is not eligible for our Courtesy Pay program.

After 12 months of good account history, you may contact us to request a conversion to a Free Checking Account if you meet all of the following requirements:

1.You are not in default on any loan obligation to us during themost recent consecutive 12-month period after SmartStartaccount opening.

2.Your SmartStart account is not the subject of any legal oradministrative order or levy, such as bankruptcy or a tax lien.

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3.Your SmartStart account has not been overdrawn during themost recent consecutive 12-month period after SmartStartaccount opening.

4.You have completed the Free SmartStart Financial EducationWorkshop/Webinar.

5.You have no instances of account abuse at other financialinstitutions during the most recent consecutive 12-monthperiod after SmartStart account opening.

NEW GENERATION CHECKINGSM ACCOUNT(This account does not pay dividends)

Fees and charges - See separate Fee Schedule.

Additional limitations - This account is not eligible for our Courtesy Pay program.

GOLDEN 1 FREEDOM CHECKINGSM ACCOUNT(This account does not pay dividends)

To qualify, students between the ages of 16 and 17 must have a B grade average or higher. The account requires no co-applicant and withdrawals or deposits to the account do not require a parent or legal guardian to be present. This account automatically converts to a Free Checking account when member reaches age 18.

Fees and charges - See separate Fee Schedule.Additional limitations - This account is not eligible for our Courtesy Pay program.

TERM-SAVINGS CERTIFICATE ACCOUNTRate Information - The dividend rate and Annual Percentage Yield (APY) for Term-Savings Certificates will remain in effect until the maturity date for the certificate.

Minimum opening deposit - The minimum deposit required to open this account is $1,000.00.

Minimum balance requirements - No minimum daily balance requirements apply to this account to obtain the disclosed APY.

Compounding and Crediting - Dividends will be compounded monthly and credited to your account every month. Alternatively, you may choose to have dividends paid to you or to another account every month rather than credited to this account.

Dividend period - For this account type, the dividend period is monthly.

Effect of Closing an Account - If you close your Term-Savings Certificate Account before accrued dividends are credited, you will be paid accrued dividends for the period.

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.

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Accrual of dividends on non-cash deposits - Dividends will begin toaccrue on the business day you deposit non-cash items (forexample, checks) in your account.

Transaction limitations:

After the account is opened, you may not make additions into theaccount until the maturity date stated on the account.

You may make withdrawals of principal from your account beforematurity. Principal withdrawn before maturity is included in theamount subject to early withdrawal penalty.

You can only withdraw dividends credited in the term beforematurity of that term without penalty. You can withdraw dividendsonly on the crediting dates.

Early withdrawal penalties - A penalty will be imposed forwithdrawals before maturity. The penalty applies to the amountwithdrawn each time you make a withdrawal.

• If your account has an original maturity of 3 months through11 months, the penalty we may impose will equal 90 days’dividends on the amount withdrawn subject to penalty.

• If your account has an original maturity of 12 monthsthrough 23 months, the penalty we may impose will equal180 days’ dividends on the amount withdrawn subject topenalty.

• If your account has an original maturity of 24 months orgreater, the penalty we may impose will equal 365 days’dividends on the amount withdrawn subject to penalty.

In certain circumstances such as the death or incompetence of anowner of this account, the law permits, or in some cases requires,the waiver of the early withdrawal penalty. Other exceptions mayalso apply, for example, if this is part of an IRA or other tax-deferred savings plan.

Withdrawal of dividends prior to maturity - The annual percentageyield is based on an assumption that dividends will remain in theaccount until maturity. A withdrawal will reduce earnings.

Automatically renewable account - This account will automaticallyrenew at maturity. You may prevent renewal if you withdraw thefunds in the account at maturity (or within the grace periodmentioned below, if any) or we receive written notice from youwithin the grace period mentioned below, if any.

Each renewal term will be the same as the original term, beginningon the maturity date. The dividend rate will be the same we offeron new Term-Savings Certificate Accounts on the maturity datewhich have the same term, minimum balance (if any) and otherfeatures as the original Term-Savings Certificate Account.

Dividends will be calculated on the same basis as during theoriginal term.

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You will have a grace period of seven (7) calendar days aftermaturity to withdraw the funds in the account without being chargedan early withdrawal penalty.

No transfer of voting rights or other membership privilege ispermitted by virtue of transfer of shares.

TERM-SAVINGS IRA CERTIFICATE ACCOUNTRate Information - The dividend rate and Annual Percentage Yield(APY) for Term-Savings IRA Certificates will remain in effect untilthe maturity date for the certificate.

Fee Information - A fee will be assessed for a direct transfer of yourGolden 1 IRA funds requested by another financial institution. Seeseparate Fee Schedule.

Minimum opening deposit - The minimum deposit required to openthis account is $500.00.

Minimum balance requirements - No minimum daily balancerequirements apply to this account to obtain the disclosed APY.

Compounding and Crediting - Dividends will be compounded monthlyand credited to your account every month. Alternatively, you maychoose to have dividends paid to you or to another account everymonth rather than credited to this account.

Dividend period - For this account type, the dividend period ismonthly.

Effect of Closing an Account - If you close your Term-Savings IRACertificate Account before accrued dividends are credited, you willbe paid accrued dividends for the period.

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

Accrual of dividends on non-cash deposits - Dividends will begin toaccrue on the business day you deposit non-cash items (forexample, checks) in your account.

Transaction limitations:

After the account is opened, you may not make additions into theaccount until the maturity date stated on the account.

You may make withdrawals of principal from your account beforematurity. Principal withdrawn before maturity is included in theamount subject to early withdrawal penalty.

You can only withdraw dividends credited in the term beforematurity of that term without penalty. You can withdraw dividendsonly on the crediting dates.

Early withdrawal penalties - A penalty may be imposed forwithdrawals before maturity. The penalty applies to the amountwithdrawn each time you make a withdrawal.

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• If your account has an original maturity of 3 months through11 months, the penalty we may impose will equal 90 days’dividends on the amount withdrawn subject to penalty.

• If your account has an original maturity of 12 months through23 months, the penalty we may impose will equal 180 days’dividends on the amount withdrawn subject to penalty.

• If your account has an original maturity of 24 months orgreater, the penalty we may impose will equal 365 days’dividends on the amount withdrawn subject to penalty.

In certain circumstances such as the death or incompetence of anowner of this account, the law permits, or in some cases requires,the waiver of the early withdrawal penalty. Other exceptions mayalso apply, for example, if this is part of an IRA or other tax-deferredsavings plan.

Withdrawal of dividends prior to maturity - The annual percentageyield is based on an assumption that dividends will remain in theaccount until maturity. A withdrawal will reduce earnings.

Automatically renewable account - This account will automaticallyrenew at maturity. You may prevent renewal if you withdraw thefunds in the account at maturity (or within the grace periodmentioned below) or we receive written notice from you within thegrace period mentioned below.

Each renewal term will be the same as the original term, beginningon the maturity date. The dividend rate will be the same we offer onnew Term-Savings IRA Certificates on the maturity date which havethe same term, minimum balance (if any) and other features as theoriginal Term-Savings IRA Certificate Account.

Dividends will be calculated on the same basis as during the originalterm.

You will have a grace period of seven (7) calendar days aftermaturity to withdraw the funds in the account without being chargedan early withdrawal penalty.

No transfer of voting rights or other membership privilege ispermitted by virtue of transfer of shares.

12-MONTH TERM-SAVINGSIRA CERTIFICATE ACCOUNTRate Information - The dividend rate and Annual Percentage Yield(APY) for Term-Savings IRA Certificates will remain in effect untilthe maturity date for the certificate.

Fee Information - A fee will be assessed for a direct transfer of yourGolden 1 IRA funds requested by another financial institution. Seeseparate Fee Schedule.

Minimum opening deposit - The minimum deposit required to open a12-Month account is $25.00.

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Minimum balance requirements - No minimum daily balancerequirements apply to this account to obtain the disclosed APY.

Compounding and Crediting - Dividends will be compounded monthlyand credited to your account every month. Alternatively, you maychoose to have dividends paid to you or to another account everymonth rather than credited to this account.

Dividend period - For this account type, the dividend period ismonthly.

Effect of Closing an Account - If you close your Term-Savings IRACertificate Account before accrued dividends are credited, you willbe paid accrued dividends for the period.

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

Accrual of dividends on non-cash deposits - Dividends will begin toaccrue on the business day you deposit non-cash items (forexample, checks) in your account.

Transaction limitations:

You may make unlimited additions into your account.

There are no limitations on the frequency or timing of additions.

You may make withdrawals of principal from your account beforematurity. Principal withdrawn before maturity is included in theamount subject to early withdrawal penalty.

You can only withdraw dividends credited in the term beforematurity of that term without penalty. You can withdraw dividendsonly on the crediting dates.Early withdrawal penalties - A penalty may be imposed forwithdrawals before maturity. The penalty applies to the amountwithdrawn each time you make a withdrawal.

• If your account has an original maturity of 3 months through11 months, the penalty we may impose will equal 90 days’dividends on the amount withdrawn subject to penalty.

• If your account has an original maturity of 12 months through23 months, the penalty we may impose will equal 180 days’dividends on the amount withdrawn subject to penalty.

• If your account has an original maturity of 24 months orgreater, the penalty we may impose will equal 365 days’dividends on the amount withdrawn subject to penalty.

In certain circumstances such as the death or incompetence of anowner of this account, the law permits, or in some cases requires,the waiver of the early withdrawal penalty. Other exceptions mayalso apply, for example, if this is part of an IRA or other tax-deferredsavings plan.Withdrawal of dividends prior to maturity - The annual percentageyield is based on an assumption that dividends will remain in theaccount until maturity. A withdrawal will reduce earnings.

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Automatically renewable account - This account will automaticallyrenew at maturity. You may prevent renewal if you withdraw thefunds in the account at maturity (or within the grace periodmentioned below) or we receive written notice from you within thegrace period mentioned below.Each renewal term will be the same as the original term, beginningon the maturity date. The dividend rate will be the same we offer onnew Term-Savings IRA Certificates on the maturity date which havethe same term, minimum balance (if any) and other features as theoriginal Term-Savings IRA Certificate Account. Dividends will be calculated on the same basis as during the originalterm.You will have a grace period of seven (7) calendar days aftermaturity to withdraw the funds in the account without being chargedan early withdrawal penalty.No transfer of voting rights or other membership privilege ispermitted by virtue of transfer of shares.

COMMON FEATURESBylaw requirements:You must complete payment of one share in your Savings (Share)account as a condition of admission to membership.Transaction limitation - We reserve the right to at any time requirenot less than sixty days’ notice in writing before each withdrawalfrom a dividend earning account other than a term-savingscertificate account, or from any other savings (share) account asdefined by Regulation D.

Nature of dividends - Dividends are paid from current income andavailable earnings, after required transfers to reserves at the end ofa dividend period. (This disclosure further explains the dividendfeature of your non-term savings (share) account(s).)

National Credit Union Share Insurance Fund - Member accounts in thiscredit union are federally insured by the National Credit UnionShare Insurance Fund.

Please refer to our separate Fee Schedule for additional informationabout charges.

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© 2016 Wolters Kluwer Financial Services – Bankers Systems™ Form AIB-TIS-CU 6/1/2016 Custom TCM-5CUu,2bi,3p,8d,4r,5

200846053-010C-36 (01-2018)

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.

National Credit Union Administration, a U.S. Government Agency

NCUA

HeadquartersP.O. Box 15966

Sacramento, CA 95852-09661-877-GOLDEN 1 (1-877-465-3361)

golden1.com

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