Elbit Branch

*APY = Annual Percentage Yield. The High-Yield Checking account is a tiered rate account paying up to 5.05% APY. The qualification cycle is defined as a period beginning on the last day of the previous calendar month in which dividends are paid and ending on the 40th calendar day prior. For daily balances $10,000.00 or less and you meet the following minimum qualification requirements for each qualification cycle, an APY up to 5.05% will apply. 1) receive at least one single ACH deposit of $250.00 in one (1) day and 2) be enrolled in and receive eStatements. If you meet any of the minimum qualification requirements for your account during the qualification cycle, for balances $10.000.01 or more, a 0% APY will apply. If your average daily balance is $10,000.01 or more, a blended rate may show on your periodic statement to reflect the dividends earned on the first $10,000.00 of the balance and no dividends earned on the remainder of the balance. Ex: An Average Daily Balance of $15,000 will show an APY of 3.37%. If you fail to meet any of the minimum qualification requirements during the qualification cycle, 0% APY will apply to the entire balance in the account. One (1) High-Yield Checking account is allowed per primary Social Security Number. If more than one (1) High-Yield Checking account is opened per primary Social Security Number, the additional High-Yield Checking account will revert to a Checking account. If you close your High Yield Checking account before the accrued dividends are credited, you will not receive the accrued dividends. A High-Yield Checking account is only available on a Personal account. Business accounts, Trust accounts, and other Special accounts are not eligible. Rates, terms, and conditions are subject to change without notice. PenAir reserves the right to discontinue or modify offer at any time. Membership is required. PenAir is federally insured by NCUA.