Truth-In-Savings Disclosure for Savings,  Vacation Club, Christmas Club, Money Market, and IRA Savings Accounts

  • Rate Information: The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequencyof compounding for an annual period.  For Regular Savings and Money Market accounts, the Dividend Rate and Annual Percentage Yield may change quarterly as determined by the Credit Union's Board of Directors.  For IRA Savings account, the Dividend Rate and Annual Percentage Yield may change weekly as determined by the Credit Union's Board of Directors.  For Vacation Club, Christmas Club, and Checking accounts, the Dividend Rate and Annual Percentage Yield may change monthly as determined by the Credit Union's Board of Directors.  The Dividend Rates and Annual Percentage Yields are the rates and yield as of the last dividend declaration date, which is set forth in the Rate Schedule.
  • Nature of Dividends:  Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period.
  • Dividend Compounding and Crediting: The compounding and crediting frequency of dividends and dividend period applicable to each account are stated in the Rate Schedule.  The Dividend Period is the period of time at the end of which an account earns dividend credit.  The Dividend Period begins on the first calendar day of the period and ends on the last calendar day of the period.
  • Accrual of Dividends: For all accounts, dividends will begin to accrue on noncash deposits (e.g. checks) on the business day you make the deposit to your account.  If you close your account before accrued dividends are credited, you will not receive the accrued dividends.  However, for Christmas and Vacation Club accounts, any accrued dividends will be paid if you close the account within seven (7) days of the date you open it.
  • Balance Information:  To open any account you must deposit or already have on deposit at least the par value of one full share in any account.  The par value amount is stated in the Fee Schedule.  Some accounts may have additional minimum opening deposit requirements.  The minimum balance requirements applicable to each account are stated in the Rate Schedule.  For Regular Savings, Christmas Club, Vacation Club, IRA Savings and Money Market accounts, there is a minimum Daily Balance required to earn the Annual Percentage Yield disclosed for the dividend period.  If the minimum daily balance is not met each day of the dividend period, you will not earn the stated Annual Percentage Yield.  For accounts using the Daily Balance method as stated on the Rate Schedule, dividends are calculated by applying a daily periodic rate to the balance in the account each day.
  • Account Limitations: For Regular Savings and Money Market accounts, no more than six (6) preauthorized, automatic, or telephone transfers may be made from each account to another account or to a third party in any month, and no more than three (3) of these six (6) transfers may be made by check, draft, or debit card to a third party.  If you exceed these limitations, your account may be subject to a fee or be closed.  For Christmas Club accounts, the entire balance will be paid to you by check on November 1st and the account will remain open.  You may not make withdrawals from your Christmas Club accounts at any other time.  If you wish to access the funds in your Christmas Club accounts, you may close it.  If you close your Christmas Club accounts, you will be charged a fee of all accrued, uncredited dividends.  However, no fee will be charged if the withdrawal occurs within seven (7) days of the date the account is opened.  For Vacation Club accounts, you may not make withdrawals from your Vacation Club accounts.  If you wish to access the funds in your Vacation Club accounts, you may close it.  If you close your Vacation Club accounts, you will be charged a fee of all accrued, uncredited dividends.  However, no fee will be charged if the withdrawal occurs within seven (7) days of the date the account is opened.  For Regular Savings accounts, three (2) withdrawals are allowed per month after which a fee will be imposed.  For IRA Savings and Non-Dividend Bearing accounts, no account limitations apply. 
CURRENT RATES

Auto Loan **2.99% APY
MasterCard **8.99% APY
Signature Loans **11.5% APY
CD's .75% APY**
view all **as low as
  as high as **
SPECIALS
Location    
  Main Office:  
  3305 E Elms Road
Killeen, TX 76542
Phone : 254-690-2274
Fax : 254-690-2708
 
Working Hours    
  Lobby:   Drive - thru:
  Monday - Friday
9:00 am - 5:00 pm
  Monday - Friday
7:30 am - 5:30 pm

Saturday
9:00 am - Noon