Princeton University Federal Credit Union Money Market Account Disclosure

VARIABLE RATE ACCOUNT

To Open: A member must have a minimum of $5.00 in the share/savings account before a Money Market may be opened.

Minimum to Open: The minimum balance required to open this account is $2,500.00.

Minimum Balance to Obtain Annual Percentage Yield Disclosed: There is no minimum balance requirement to obtain the Annual Percentage Yield.

Rate Information: The dividend rate and annual percentage yield may change at anytime as determined by the Board of Directors. This is a tiered balance account. Each tier may have the same rate or rates may vary. The balance in the first tier covers $0 to $2,499.99; the second tier covers $2,500.00 to $9,999.99; the third tier covers balances $10,000.00 and above.

Daily Balance Computation Method: Dividends are calculated using the daily balance method, which applies a daily periodic rate to the balance in the account. For calculation purposes, the dividend period should never be less than 28 days nor more than 31 days.

Crediting and Compounding: Dividends will be credited as of the last day of each month for the amount earned during the prior month and compounded monthly. Dividends will be available for withdrawal on the first day after the dividend has been credited. If the account is closed before the end of a month, the accrued dividend will be credited at the time of closure. Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period.

Accrual of Dividend on Non-Cash Deposits: Dividends begin to accrue on the business day the non-cash items are credited to the account. An example of a non-cash item is a check.

Fees and Charges: You agree to pay the fees for each return item or any other fee as listed in the "Service and Fee" schedule.

Collateral: These funds may not be pledged as collateral on a loan while the funds are in the money market; however, the funds may be transferred to the share/savings and then be used as collateral on a credit union loan. This account may not be pledged as collateral at any other financial institution.

Transaction Limitations: Transaction limitations are required by federal regulation on accounts of this nature. During any month, you may not make more than six (6) withdrawals or transfers to another PUFCU account of yours or to a third party by means of a pre-authorized or automatic transfer or telephonic order or instruction. No more than three (3) of the six (6) transfers may be made by check, draft, debit card, or similar order to a third party. If you exceed the transfer limitations as stated above, your account will be subject to closure by the credit union after notice has been sent to you at the address on the credit union records. Unlimited deposits are allowed.

Withdrawals by mail, messenger, or in person are unlimited.

Right of Set off: We may charge any of your accounts (including certificates) for any debts or liabilities you owe us. This includes secured and unsecured debts and debts you owe individually or jointly. All joint owners are jointly and severally liable for the payment of any overdraft to the joint account. This is without regard as to which owner created or was responsible for the overdraft or whether any joint owner received any benefit from the transaction creating the overdraft. We will not be liable for the dishonor of any check when the dishonor occurs because we exercised our right of setoff. You agree to hold us harmless because we exercised our right of set off. You also agree to reimburse us for any costs we incur to collect any deficit including, to the extent permitted by law, our reasonable attorney fees.

This right of set off does not apply to an Individual Retirement Account or other tax deferred retirement account. It also does not apply if the debt was created by a consumer credit card transaction under a credit card plan, or if the debtor is a party to the account in a representative capacity.

Dividend Rate: Current Dividend Rates, for balances between:

$0 - $2,499.99, the dividend rate was 1.00% with an annual percentage yield of 1.00%

$2,500.00 - $9,999.99, the dividend rate was 1.75% with an annual percentage yield of 1.76%

$10,000 and above, the dividend rate was 2.00% with an annual percentage yield of 2.02%

RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE.

Revised: 08/14/07