Ocean Crest Federal Credit Union

P. O. Box 92439

Long Beach CA 90809

2525 Cherry Ave Suite 100

Signal Hill CA 90755

Office: (562) 426-8838

Office In CA: (800) 544-8011

1. 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 frequency of compounding for an annual period. For Share Certificate, IRA Certificate, Roth Certificate, Education Certificate, Conversion Roth Certificate, IRA Option Certificate, Roth Option Certificate, Education Option Certificate, Conversion Roth Option Certificate, and Share Option Certificate accounts, the Dividend Rate and Annual Percentage Yield are fixed and will be in effect for the term of the account. *For IRA Option Certificate, Roth Option Certificate, Education Option Certificate, Conversion Roth Option Certificate and Share Option Certificate accounts, member has bump-up option. If a member chooses option Certificate they can add to the Certificate, raise rate or keep rate one more term; Only one of these choices are available per term. For Share Market Certificate, IRA Market Certificate, Roth Market Certificate and Education Market Certificate accounts, is a variable rate and based on performance of Standard & Poors 500. The Share Certificate, IRA Certificate, Roth Certificate, Education Certificate, Conversion Roth Certificate, ITA Option Certificate, Roth Option Certificate, Education Option Certificate, Conversion Roth Option Certificate and Share Option Certificate accounts, are Tiered Rate accounts. If our account balance is $9,999.99 or below, the first Dividend Rate and Annual Percentage Yield listed for this account in the Rate Schedule will apply. If your account balance is for $10,000.00 to $49,999.99, the second Dividend Rate and Annual Percentage Yield listed for this account will apply. If your account balance is greater than $50,000.00, the third Dividend Rate and Annual Percentage Yield listed for this account will apply. Once a particular balance range is met, the Dividend Rate and Annual Percentage yield for the balance range will apply to the full balance of your account. For accounts subject to dividend compounding, the Annual Percentage Yield is based on an assumption that dividends will remain on deposit until maturity. A withdrawal of dividends will reduce earnings

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

3. Dividend Compounding and Crediting. The compounding and crediting of dividends applicable to each account is set forth in the Rate Schedule. The Dividend Period begins on the first calendar day of the Dividend Period and ends on the last calendar day of the Dividend Period. For Share Certificate accounts, the dividends are paid monthly into Regular Share account.

4. Balance Information. The minimum balance requirements applicable to each account are set forth in the Rate Schedule. For all accounts, dividends are calculated by the Dailey Balance method which applies a daily periodic rate to the principal in the account each day.

5. Accrual of Dividends. For all accounts, dividends will begin to accrue on non cash deposits (e.g. checks) on the business day you make the deposit to your account. For Share Option Certificate, Share Market Certificate, IRA Market Certificate, Roth Market Certificate and Education Market Certificate accounts if you close your account before accrued dividends are credited; accrued dividends will not be paid.

6. Transaction Limitations. After your account is opened, your ability to make additional deposits to your account or withdrawals of dividends and any limitation on such transactions are set forth in the Rate Schedule

7. Maturity. Your account will mature as indicated on this Rate and Fee Schedule or on your Account Receipt or Renewal.

Early Withdrawal Penalty. We may impose a penalty if you withdraw any of the principal before the maturity date.

Amount of Penalty. For Share Certificate, IRA Certificate, Roth Certificate, Education Certificate, Conversion Roth Certificate, IRA Option Certificate, Roth Option Certificate, Education Option Certificate, Conversion Roth Option Certificate, and Share Option Certificate accounts, the amount of the early withdrawal penalty is based on the term of your account. The penalty schedule is as follows:

Terms of 1 year and less 3 months dividends

Terms of more than 1 year 6 months dividends

How the Penalty Works. The penalty is calculated as a forfeiture of park of the dividends that have been or would be earned on the account. It applies whether or not the dividends have been earned. In other words, if the account has not yet earned enough Dividends or if the dividend has already been paid, the penalty will be deducted from the principal.

Exceptions to Early Withdrawal Penalties. At our option, we may pay the account before maturity without imposing an early withdrawal penalty under the following circumstances:

(i) When an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction.

(ii) Where the account is an Individual Retirement Account (IRA) and any portion is paid within seven (7) days after establishment: or where the account is a Keogh Plan (Keogh) provided that the depositor forfeits an amount of at least equal to the simple dividends earned in the amount withdrawn: or where the account is an IRA or Keogh and the owner attains age 59 ½ or becomes disabled.

Renewal Policy. The renewal policy for your accounts is indicated on the verse side. For Share Certificate, IRA Certificate, Roth Certificate, Education Certificate, Conversion Roth Certificate, IRA Option Certificate, Roth Option Certificate, Education Option Certificate, Conversion Roth Option Certificate, and Share Option Certificate accounts, your account will automatically renew for another term upon maturity. For Share Certificate, IRA Certificate, Roth Certificate, Education Certificate, Conversion Roth Certificate, IRA Option Certificate, Roth Option Certificate, Education Option Certificate, Conversion Roth Option Certificate, and Share Option Certificate accounts, you have a grace period of the (10) days after maturity in which to withdraw funds in the account without being charged an early withdrawal penalty. For Share Market Certificate, IRA Market Certificate, Roth Market Certificate and Education Market Certificate accounts, you account will not automatically renew, but you may renew the account at your option. Dividends will be paid after maturity and until payment or transfer of the account balance.

Nontransferable/Nonnegotiable. Your account is nontransferable and nonnegotiable. The funds in your account may not be pledged to secure any obligation of an owner, except obligations with the Credit Union.

The rates and fees appearing in this Schedule are accurate and effective for accounts as of the Effective Date indicated on this Rate and Fee Schedule. If you have any questions please call the Credit Union.