Maximize Your Savings with Locked-in Interest

^*13-Month Certificate Special – To qualify for the term and rate – New Members may obtain this term and rate by opening a primary savings account to establish membership and open the 13-month certificate with new funds. Current Members may obtain this term and rate with new funds. New funds are defined as money that does not come from another Wellby account. This term and rate may be discontinued without prior notice.

EARLY WITHDRAWAL PENALTIES. A penalty may be imposed for withdrawals before maturity. If an early withdrawal penalty is imposed, the penalty may be imposed regardless of whether dividends that equal the amount of the penalty have been earned at the time of withdrawal. To the extent that dividends in the Certificate account at the time of withdrawal are insufficient to pay the entire penalty assessed, the penalty will be assessed against the principal. If you close your Wellby Primary Savings account before dividends are credited, you will also be required to close your Share Certificate accounts with us, and you will receive any accrued dividends on any of the closed accounts. Withdrawal of Dividends Prior to Maturity: The annual percentage yield assumes that dividends will remain in the account until maturity. A withdrawal of dividends prior to maturity will reduce earnings and lower the annual percentage yield. Time Requirements: Your account will mature as specified on your Certificate or renewal notice.
In certain circumstances, such as the death or incompetence of an owner of this account, the law permits, or in some cases requires the waiver of the early withdrawal penalty. Other exceptions may also apply, for example, if this is part of an IRA or other tax-deferred savings plan. For IRA Certificates additional IRS restrictions and rules apply. More information is available upon request.

COMPOUNDING AND CREDITING. The compounding and crediting frequency of dividends and the dividend period applicable to each account are stated in the Rate Schedule. The dividend period is the period of time at the end of which an account earns dividend credit. The dividend period begins on the first calendar day of the period and ends on the last calendar day of the period.