Omaha Federal Credit Union Share Certificate Agreement

No additional deposits are permitted to a Share Certificate once it is opened.

You will be mailed a maturity notice thirty (30) days prior to the maturity of your certificate. Your Certificate will automatically renew at maturity for the rate in effect at the time of renewal and for the same time period as the original term, unless you prevent renewal by withdrawing funds in your account at maturity or renew the certiicate for a different term.The grace period in which there is no penalty to renew at different terms or withdraw without penalty is 10 calendar days past the maturity date. Rates at renewal are available www.omahafcu.org or 402-399-9001.

Any reduction of the principal amount from the initial value of the Certificate principal will terminate the certificate. We may impose the following penalties for early termination of a certificate.

For all accounts, the amount of the early withdrawal penaly for your accounts is 90 days of dividends. The penalty is calculated as a forfeiture of part of the dividends that have been or would be earned on the account. It applies whether or not the dividends have been earned. In other words, if the account has not yet earned enough dividends or if the dividend has already been paid, the penalty will be deducted from the principal.

No penalties will apply for: 1)Withdrawals made subsequent to the death of any owner of the account made pursuant to Article III, Section 5(e) of the Federal Credit Union Bylaws; 2)Accounts which are part of a pension plan which qualifies or qualified for specific tax treatment under Seciton 401(D) or 408 of the Internal Revenue Code and withdrawal is made to effect a lawful distribution of the funds; or 3)Withdrawals made as a result of a voluntary or involuntary liquidation of this Credit Union.

There are no service charges on a Share Certificate.

Other fees that may apply to this account are detailed in the most recent OFCU Disclosure, Rate and Fee Schedule.