Business Account Rates

Basic Business Checking

Min. Balance to Open AccountMin. Balance to Maintain

Analysis Checking

Min. Balance to Open AccountMin. Balance Required to MaintainEarnings Credit2
$500$0Varies based on 90-Day Rolling T-Bill

Business Money Market

Min. Balance to Earn DividendsDividend Rate APY1

Business Savings Account

Min. Balance to Earn DividendsDividend RateAPY1

Signal Smart Business

Min. Balance to Earn DividendsDividend RateAPY1

Business Share Certificates

Share Certificate: TermAmount to OpenDividend RateAPY3
6 Months$5005.10%5.23%
10 Months**$500*4.88%*5.0%*
12 Months$5004.69%4.80%
18 Months$5001.00%1.00%
24 Months$5004.22%4.31%
30 Months$5000.25%0.25%
36 Months$5004.03%4.11%
48 Months$5003.95%4.02%
60 Months$5003.93%4.00%
72 Months $5000.40%0.40%

Effective February 12, 2024

Signal Financial FCU Commercial Fee Schedule

1 APY = Annual Percentage Yield. This rate schedule states rates applicable to specified accounts. Dividends are compounded daily and credited every month. This schedule is incorporated as a part of your account agreement with your Credit Union. All savings rates are variable, this means the dividend rate and annual percentage yield may change at any time as determined by the Board of Directors.

2 Minimum balance requirements apply to average daily balance (amount of principal in account each day).

3 APY = Annual Percentage Yield. Certificate rates remain fixed for the term of the certificate. Unless otherwise paid, dividends for certificates of 182 days or less are compounded daily and paid at maturity. Fees or other conditions could reduce the earnings on the account. A penalty may be imposed for withdrawals before maturity.

*Diamond Anniversary Share Certificate

*DIVIDEND PERIOD — For each certificate, the dividend period is the certificate’s term. The dividend period begins on the first day of the term and ends on the maturity date. If a certificate term is extended, the new dividend period begins the first day of the term extension and ends on the new maturity date. For only the 10 month diamond anniversary certificate; If an account relationship is upgraded within 75 days to the Premium Bundle, the new Premium rate will be effective on the date of account change to the Premium Bundle. The new dividend rate and period starts from the date of change to the premium bundle, and accrued dividends will be paid on the date of the account change to premium bundle.

DIVIDEND COMPOUNDING AND CREDITING — Dividends are compounded daily and credited monthly. If a certificate term is extended, accrued dividends for the original certificate term will be credited on the first day of the term extension.

BALANCE INFORMATION — To open a share certificate, you must deposit a minimum of $500. The minimum amount required to earn dividends on the certificate term is $500 unless otherwise stated. Dividends are calculated by the daily balance method which applies a daily periodic rate to the end of day balance in the certificate each day.

ACCRUAL OF DIVIDENDS — Dividends will begin to accrue on cash and noncash deposits (e.g., checks) on the business day you make the deposit to your certificate. If you close your certificate before accrued dividends are credited, accrued dividends may not be paid.

TERM EXTENSION — To qualify for a share certificate term extension, the new term must extend the remaining term by at least six

(6) months. The rate will be adjusted to reflect the current rate for the new term at the time of the term extension. Keogh Retirement Account (IRA) Share Certificates and Coverdell Education Savings Account (ESA) Certificates are not eligible for term extensions.

MATURITY — Your certificate will mature as stated on this Share Certificate Disclosure, your Receipt, and Renewal Notice. Promotional share certificate of the 10 month Diamond Anniversary will renew at the 12 month term and rate on the date of maturity. You have ten (10) calendar days AFTER maturity to make changes to your certificate without incurring a penalty. Penalties may reduce the principal balance

EARLY WITHDRAWAL PENALTY — We may impose a penalty if you withdraw funds from your certificate before the maturity date.

a. Amount of Penalty. The amount of the early withdrawal penalty is based on the following schedule:

–10 Month Diamond Anniversary: 150 days’ dividends

b. How the Penalty Works. The penalty is calculated as a forfeiture of part of the dividends that have been or would be earned on the certificate. It applies whether or not the dividends have been earned. In other words, if the certificate has not yet earned enough dividends or if the dividends have already been paid, the penalty will be deducted from the principal. Partial withdrawals are not allowed

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

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

Additional Deposits* – The 10 month Diamond Anniversary certificate allows deposits to be made for up to 75 days, including date of opening. Minimum deposit required is $500 for each additional deposit. On the 76th day of the term, additional deposits will no longer be allowed. Additional deposits are not allowed for IRA Share Certificates or any other share certificates.

RENEWAL POLICY — The certificate will automatically renew. The 10 month Diamond Anniversary share certificate will renew at the 12 month term and rate at the time of maturity. You have a grace period of ten (10) calendar days after maturity in which to add funds or withdraw funds in the certificate without being charged an early withdrawal penalty.

NONTRANSFERABLE/NONNEGOTIABLE — Your certificate is nontransferable and nonnegotiable.

** 31 Days and 10 Months share certificates are discontinued shares and are no longer available to open.