ASECU Rates    Effective Date: 1/09/2012

**The dividend rates and annual percentage yields are variable and may change at any time without prior notice.                                                                          *APY= Annual Percentage Yield  APR= Annual Percentage rate Please call for current Rates. All rates are subject to change.

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Rates. Rates are accurate as of January 09, 2012 and are subject to change at any time.  The ANNUAL PERCENTAGE YIELD (APY) is a percentage rate that reflects the total amount of dividends to be paid on an account based on the Dividend Rate and frequency of compounding for an annual period. The Dividend Rate and ANNUAL PERCENTAGE YIELD for Term Share Certificates are fixed and will be in effect for the term of the account. The ANNUAL PERCENTAGE YIELD is based on an assumption that dividends will remain in the account until maturity.  A withdrawal will reduce earnings. Compounding and Crediting.  Dividends will be compounded and credited monthly.  The dividend period begins on the first calendar day of the dividend period and ends on the last calendar day of the dividend period. If you close your Certificate account before accrued dividends are credited, accrued dividends will not be paid. Balance Computation Method.   Dividends are calculated by the Daily Balance Method, which applies  a daily periodic rate to the balance in your account each day.  Dividends will begin to accrue on both cash and noncash deposits (e.g., checks) on the business day you deposit such items to your account.  Early Withdrawal Penalty. A penalty will be imposed if you withdraw any of the principal before the maturity date. Early withdrawal could reduce earnings on certificates.   Other certificate terms and yields are available.   Contact ASECU. For more information about current rates, terms, and fees, contact Associated School Employees Credit Union at (330) 792-4000. ASECU may offer different rates in the future.