SHARE CERTIFICATESNew Account Disclosure

Main Office 125 Corporate BlvdYonkers, NY 10701

Phone: 914-220-4900 Fax: 914-220-4090

Toll Free: 888-644-SUMA

www.sumafcu.org

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ATM Open 24 Hours a DayFREE Life Insurance with CUNA Mutual on your regular shares, up to $2,000, depending on age and amount of savings.

We do business in accordance with the Federal Fair Housing Law and the Equal Housing Opportunity Act.

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

Identity Theft Is a Serious Crime

Identity theft is a very serious crime. People whose identities have been stolen can spend months or years – and thousands of dollars – cleaning up the mess uncaring t h i eves have made

of their good name and their good credit record.

In the meantime, victims may lose job opportunities, be refused loans for education, housing, cars, or even be arrested for crimes they didn’t commit.

If you’ve been a victim of identity theft, call the Federal Trade Commissions’s Identity Theft Hotline toll-free at:

1-877-IDTHEFT (438-4338)

Counselors will take your complaint and advise you on how to deal with the credit-related problems that could result. In addition, the FTC, in conjunction with banks, credit unions, credit grantors and consumer advocates, has developed the ID Theft Affidavit to help victims of ID theft restore their good names. The ID Theft Affidavit, a form that can be used to report information to many organizations, simplifies the process of disputing charges with companies where a new account was opened in your name. For a free copy of the ID Theft Affidavit, visit the ID Theft Website at:

www.consumer.gov/idtheft

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Here are some basic facts about your Term Share Certificate (TSC) account. These disclosures are in addition to those on the account certificate. Once your TSC account is opened, you may not make additional deposits to it, although you may open a separate TSC account at the then effective dividend rate. By opening and maintaining a TSC account with SUMA (Yonkers) Federal Credit Union, you have agreed to the terms of the account as set forth here and on the certificate and any amendments thereto. Please consult your Term Share Account Certificate for Maturity information.

S P E C I A L R U L E S C O N C E R N I N G T H E COMPOUNDING AND CREDITING OF DIVIDENDS and MINIMUM BALANCES TO EARN THE DISCLOSED DIVIDENDSDividends are compounded Quarterly and credited Quarterly based on the actual daily balance in your TSC Account. To earn a dividend in an IRA/TSC account you must deposit and maintain a minimum daily balance of $1,000.00 in a TSC Account of 3, 6, 12, 24, 36, 48, or 60 months.

EARLY WITHDRAWAL PENALTIES FOR A TRADITIONAL (TSC) TERM SHARE ACCOUNTYou may withdraw all or some of the principal balane in your TRADITIONAL TSC Account prior to maturity. Any withdrawals from your TSC Account before maturity are subject to the penalties listed below, but you will be credited with any dividends earned on funds withdrawn prior to maturity, such dividends to be credited at the time of withdrawal.

Dividends which have been credited to your TSC Account may be withdrawn at any time, without penalty, but the APY disclosed in this disclosure is based upon the assumption that all dividends will remain in the TSC Account until maturity. A withdrawal prior to maturity will reduce earnings and your APY therefore will be lower than the disclosed yield. Any dividends in your TSC Account at maturity will be considered part of the principal of the TSC Account upon any renewal and thereafter become subject to SUMA (Yonkers) Federal Credit Union’s rules concerning early withdrawal. In the event of a withdrawal of any portion of the principal in your TSC Account prior to maturity, the following penalties apply:

If the maturity date is not more than one (1) year from the date of issuance or renewal, the penalty is an amount equal to: 90 days dividends.

TRUTH IN SAVINGS DISCLOSURE FOR

Here are some basic facts about your Term Share Certificate (TSC) account. These disclosures are in addition to those on the account certificate. Once your TSC account is opened, you may not make additional deposits to it, although you may open a separate TSC account at the then effective dividend rate. By opening and maintaining a TSC account with SUMA (Yonkers) Federal Credit Union, you have agreed to the terms of the account as set forth here and on the certificate and any amendments thereto. Please consult your Term Share Account Certificate for Maturity information

MATURITY

Maturity Date: ______________________.

DIVIDEND RATE andANNUAL PERCENTAGE YIELD

RATE APY*

*Annual Percentage Yield

SPECIAL RULES CONCERNING:

COMPOUNDING AND THE CREDITING OF DIVIDENDS:

• Dividends are paid monthly and compounded Quarterly

• Dividends are compounded based upon the actual daily balance in your account.

THE MINIMUM BALANCE FOR A CERTIFICATE:

• You must deposit a Minimum Balance of $1,000.00 to earn open and earn a dividend in a TSC Account.

Term Share AccountsIf the maturity date is more than one (1) year from the date of issuance or renewal, the penalty is an amount equal to: 180 days dividends.

The penalties apply regardless of the length of time the funds have been on deposit at SUMA (Yonkers) Federal Credit Union. The penalty may be taken from the principal balance of your TSC Account. The listed penalties do not apply to withdrawals subsequent to the death of a sole or joint owner. We may waive or reduce this penalty in certain circumstances, such as the disability or incompetence of a sole or joint owner. If the Account is in two or more names and one owner dies or becomes mentally incompetent, the surviving owner may elect to keep the account in effect until its scheduled maturity under the remaining joint owner’s name(s). No notice of this intent is required for the account to continue under the terms and conditions upon which it was opened.

If this certificate is part of a qualified ROTH IRA, tax-free only withdrawals may begin following the owner(s) attainment of not less than 59 1/2 years of age or if the withdrawal is made to your beneficiary upon your death, or you have become disabled, or for a first time home purchase provided the Account has been in existence for 5 years. There is no minimum distribution requirement (MDR) age requirement for your ROTH IRA Account. MATURITY NOTICES AND RENEWALSYou may renew, transfer, or close your Term Share Account at maturity. You will be asked to instruct SUMA (Yonkers) Federal Credit Union by mail or in person of your choice.

You will be notified in writing 30 Days before the maturity date of your Term Share Account, and, unless you notify SUMA (Yonkers) Federal Credit Union prior to maturity that your account is not to be renewed, your account will at maturity automatically be renewed for an identical term at the then effective rate. Every notice of maturity will either state the dividend rate which will apply to the TSC account upon renewal or, if the renewal rate has not been determined, will state the date the renewal rate will be set and include a telephone number which you can call to learn what the dividend rate and APY applicable to the TSC account during the renewal term will be.