Money Manager Accounts

Contents:

Money Manager Account Description
Features
Compare Money Manager to Other Accounts

Money Manager Account Description

The Money Manager Account is designed for members who wish to earn a high dividend yield and need only limited access to the account. The minimum initial deposit is $20,000 with higher dividends for balance reaching $50,000 and $100,000. Withdrawals are limited to one per month with additional withdrawals carrying a $10 fee. There is a minimum deposit or withdrawal limit of $500. At the same time, you are not locked into a fixed term or fixed rate as you would be if you had purchased a share certificate.

A minimum balance of $20,000 must be maintained in the Money Manager account. If the balance falls below $20,000, the account will earn our regular Share Savings dividend rate. Dividends are calculated and compounded on a daily balance and are paid monthly.

Features

Minimum initial deposit of $20,000 earns high dividend rates.Higher dividend yields are available at the $50,000 and $100,000 tiers.
Guaranteed principle.
Withdraw funds once per month, with a minimum withdrawal amount of $500.
Additional deposits may be made, with a minimum deposit amount of $500.
Withdrawals are allowed by official check or as transfers to other savings or checking accounts.

Money Manager Application Form * (Requires Adobe Acrobat)

Differences Between Money Market, Money Manager and Share Certificates:

Money Market	Money Manager	Certificate
High Variable rate	Higher Variable rate	Highest Fixed rate
$5,000 minimum deposit	$20,000 minimum deposit	$500 or $2,000 minimum deposit
No term	No term	Fixed term: 6, 12, 18, 24 or 36 months
3 withdrawals allowed per month $500 minimum	1 withdrawal allowed per month $500 minimum	No withdrawals allowed without closing the account
$5.00 fee for each withdrawal over 3 per month	$10.00 fee for each withdrawal over 1 per month	90 or 180 days interest as the early withdrawal penalty
Cannot be used for a hypothecated loan	Can be used for a hypothecated loan	Can be used for a hypothecated loan

* These are Adobe Acrobat PDF files. If you do not have Adobe Acrobat Reader, you can click a link below for your free download.

Instructions for Internet Explorer and AOL users.
Instructions for Netscape users.

For fees and conditions for these accounts refer to the Important Policies and Schedule of Fees