Armstrong County Building & Loan Association

Truth In Savings Disclosure (Reg. DD)

STATEMENT SAVINGS PLUS ACCOUNT
VARIABLE RATE ACCOUNT: Your interest rate and annual percentage yield may change.
DETERMINATION OF RATE: At our discretion, we may change the interest rate on your account.
FREQUENCY OF RATE CHANGES: We may change the interest rate on your account at any time.
TIERING LEVELS AND THEIR APPLICABLE INTEREST RATES: The interest rate to be paid on your account will depend on the daily balance in your account. See the last panel of this brochure to determine what interest rate will be paid depending on the daily balance in your account. The separate "tiers" that have varying interest rates that apply are:
- If the daily balance in your account is less than $25,000.00, the entire balance in your account will earn the appropriate interest rate.
- If the daily balance in your account is $25,000.00 up to and including $49,999.99, the entire balance in your account will earn the appropriate interest rate.
- If the daily balance in your account is $50,000.00 up to and including $74,999.99, the entire balance in your account will earn the appropriate interest rate.
- If the daily balance in your account is $75,000.00 up to and including $99,999.99, the entire balance in your account will earn the appropriate interest rate.
- If the daily balance in your account is $100,000.00 up to and including $249,999.99 the entire balance in your account will earn the appropriate interest rate.
- If the daily balance in your account in $250,000.00 and over, you will earn the appropriate interest rate on your money up to $249,999.99 as described above, then the remaining balance of $250,000.00 and over will earn the same interest rate as the lowest offered tiered rate (the same rate as if the daily balance in your account is less than $25,000.00).
At our discretion we may change the tier structuring.
COMPOUNDING AND CREDITING: Interest will be compounded on a daily basis and credited to your account on a monthly basis.
BALANCE REQUIREMENTS AND FEES:
TO OPEN THE ACCOUNT: You must deposit $500.00 to open the account.
MINIMUM BALANCE REQUIREMENT AND FEE: You must maintain an average daily balance of $500.00. If the average daily balance drops below $500.00 at anytime a $7.00 monthly fee will be assessed to your account.
TO OBTAIN THE ANNUAL PERCENTAGE YIELD DISCLOSED: You must maintain a balance in the account each day to obtain the disclosed annual percentage yield.
NONACTIVE/DORMANT ACCOUNT FEE: You must make at least one deposit or withdrawal every 365 days in order to keep this account active. Failure to do so will result in a $25.00 fee.
BALANCE COMPUTATION METHOD: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
ACCRUAL OF INTEREST ON NONCASH DEPOSITS: Interest begins to accrue on the business day you deposit noncash items (for example, checks).
DEBIT CARD: You must receive a debit card when you open this account.
LIMITATIONS ON THE NUMBER OF ACCOUNTS PERMITTED: You are only permitted to have one Statement Plus Account per account title and/or physical address.

PASSBOOK SAVINGS ACCOUNT
VARIABLE RATE ACCOUNT: Your interest rate and annual percentage yield may change.
DETERMINATION OF RATE: At our discretion, we may change the interest rate on your account.
FREQUENCY OF RATE CHANGES: We may change the interest rate on your account at any time.
COMPOUNDING AND CREDITING: Interest will be compounded on a daily basis and credited to your account on a quarterly basis.
MINIMUM BALANCE REQUIREMENTS:
TO OPEN THE ACCOUNT: You must deposit $25.00 to open the account.
TO OBTAIN THE ANNUAL PERCENTAGE YIELD DISCLOSED: You must maintain a balance of $25.00 in the account each day to obtain the disclosed annual percentage yield.
BALANCE COMPUTATION METHOD: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
ACCRUAL OF INTEREST ON NONCASH DEPOSITS: Interest begins to accrue on the business day you deposit noncash items (for example, checks).
TRANSACTION LIMITATIONS: Only six transfers per month may be made out of your Account by preauthorized transfer, electronic means, check, debit card, or similar order. Transactions made in person, at ATMs or by mail are unlimited.

CHRISTMAS CLUB ACCOUNT
VARIABLE RATE ACCOUNT: Your interest rate and annual percentage yield may change.
DETERMINATION OF RATE: At our discretion, we may change the interest rate on your account.
FREQUENCY OF RATE CHANGES: We may change the interest rate on your account at any time.
COMPOUNDING AND CREDITING: Interest will be compounded on a daily basis and credited to your account on a quarterly basis.
MINIMUM BALANCE REQUIREMENTS:
TO OPEN THE ACCOUNT: You must deposit $ .01 to open the account up to the maximum amount permitted of $10,000.00.
TO OBTAIN THE ANNUAL PERCENTAGE YIELD DISCLOSED: You must maintain a balance in the account each day to obtain the disclosed annual percentage yield.
BALANCE COMPUTATION METHOD: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
ACCRUAL OF INTEREST ON NONCASH DEPOSITS: Interest begins to accrue on the business day you deposit noncash items (for example, checks).
PAYOUT DATE: Your account will automatically zero out and check mailed to you on the first Saturday following October 3rd. No withdrawals are permitted prior to this date.

MONEY MARKET ACCOUNT
VARIABLE RATE ACCOUNT: Your interest rate and annual percentage yield may change.
DETERMINATION OF RATE: At our discretion, we may change the interest rate on your account.
FREQUENCY OF RATE CHANGES: We may change the interest rate on your account at any time.
TIERING LEVELS AND THEIR APPLICABLE INTEREST RATES: The interest rate to be paid on your account will depend on the daily balance in your account. See the last panel of this brochure to determine what interest rate will be paid depending on the daily balance in your account. The separate "tiers" that have varying interest rates that apply are:
- If the daily balance in your account is $ .01 or more but less than $1,000.00, the entire balance in your account will earn the appropriate interest rate.
- If the daily balance in your account is $1,000.00 or more, the entire balance in your account will earn the appropriate interest rate.
COMPOUNDING AND CREDITING: Interest will be compounded on a daily basis and credited to your account on a monthly basis.
MINIMUM BALANCE REQUIREMENTS:
TO OPEN THE ACCOUNT: You must deposit $1,000.00 to open the account.
TO OBTAIN THE ANNUAL PERCENTAGE YIELD DISCLOSED: You must maintain a $1,000.00 balance in the account each day to obtain the disclosed annual percentage yield.
BALANCE COMPUTATION METHOD: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
ACCRUAL OF INTEREST ON NONCASH DEPOSITS: Interest begins to accrue on the business day you deposit noncash items (for example, checks).
TRANSACTION LIMITATIONS: Only six transfers per month may be made out of your Account by preauthorized transfer, electronic means, check, debit card or similar order. Transactions made in person, at ATMs or by mail are unlimited.

6 MONTH CERTIFICATE OF DEPOSIT
FIXED RATE ACCOUNT: The interest rate on this account is fixed. You will be paid this rate until the maturity date of the certificate.
COMPOUNDING AND CREDITING: Interest will not be compounded on this account and will be credited to your account monthly or at maturity.
MINIMUM BALANCE REQUIREMENTS:
TO OPEN THE ACCOUNT: You must deposit $2,500.00 to open the account.
TO OBTAIN THE ANNUAL PERCENTAGE YIELD DISCLOSED: You must maintain a minimum balance of $2,500.00 in the account to obtain the disclosed annual percentage yield.
BALANCE COMPUTATION METHOD: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
ACCRUAL OF INTEREST ON NONCASH DEPOSITS: Interest begins to accrue on the business day you deposit noncash items (for example, checks).
TRANSACTION LIMITATIONS: You may not make deposits into your account until the maturity date.
EARLY WITHDRAWAL PENALTY: We may impose a penalty if you withdraw any of the principal before the maturity date. The amount of the penalty is three months of interest. Any withdrawal which reduces the account balance below the minimum balance requirement shall be considered as a withdrawal of the entire account balance and shall be subject to the penalty prescribed above.
WITHDRAWAL OF INTEREST PRIOR TO MATURITY: The annual percentage yield disclosed in the rate section assumes interest will remain on deposit until maturity. Any withdrawal will reduce earnings.
RENEWAL OF ACCOUNT: Your account will automatically renew at maturity. You will have 7 calendar days after the maturity date to withdraw your funds without being charged a penalty.

1,2,4,6 AND 8 TO 10 YEAR CERTIFICATE OF DEPOSIT
FIXED RATE ACCOUNT: The interest rate on this account is fixed. You will be paid this rate until the maturity date of the certificate.
COMPOUNDING AND CREDITING: Certificates with terms of 1 year will earn interest on a daily compounded basis and credited on a semi-annual basis unless monthly interest checks or transfers are taken. In this case, interest will be earned on a noncompounded basis. Certificates with terms of 2, 4, 6, 8 or 10 years will earn interest on a daily compounded basis and will be credited on a quarterly basis unless monthly checks or transfers are taken. In this case, interest will be earned on a noncompounded basis.
MINIMUM BALANCE REQUIREMENTS:
TO OPEN THE ACCOUNT: You must deposit $500.00 to open the account.
TO OBTAIN THE ANNUAL PERCENTAGE YIELD DISCLOSED: You must maintain a minimum balance of $500.00 in the account to obtain the disclosed annual percentage yield.
BALANCE COMPUTATION METHOD: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
ACCRUAL OF INTEREST ON NONCASH DEPOSITS: Interest begins to accrue on the business day you deposit noncash items (for example, checks).
TRANSACTION LIMITATIONS: You may not make deposits into your account until the maturity date.
EARLY WITHDRAWAL PENALTY: We may impose a penalty if you withdraw any of the principal before the maturity date. The amount of the penalty is as follows:
CERTIFICATE TERM and WITHDRAWAL PENALTY
1 Year - 3 Months of Interest
Greater Than 1 year - 6 Months of Interest
Any withdrawal which reduces the account balance below the minimum balance requirement shall be considered as a withdrawal of the entire account balance and shall be subject to the penalty prescribed above.
WITHDRAWAL OF INTEREST PRIOR TO MATURITY: The annual percentage yield disclosed in the rate section assumes interest will remain on deposit until maturity. Any withdrawal will reduce earnings.
RENEWAL OF ACCOUNT: Your account will automatically renew at maturity. You will have 7 calendar days after the maturity date to withdraw your funds without being charged a penalty.

18 MONTH TRADITIONAL IRA CERTIFICATE and 30 MONTH ROTH AND EDUCATION IRA CERTIFICATE
VARIABLE RATE ACCOUNT: Your interest rate and annual percentage yield may change.
DETERMINATION OF RATE: The interest rate on your account is set at our discretion.
FREQUENCY OF RATE CHANGES: We may change the interest rate on your account on a quarterly basis.
COMPOUNDING AND CREDITING: Interest will be compounded on a daily basis and may be credited to your account on a quarterly or monthly basis.
MINIMUM BALANCE REQUIREMENTS:
TO OPEN THE ACCOUNT: You must deposit $50.00 to open the account.
TO OBTAIN THE ANNUAL PERCENTAGE YIELD DISCLOSED: You must maintain a balance in the account to obtain the disclosed annual percentage yield.
BALANCE COMPUTATION METHOD: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
ACCRUAL OF INTEREST ON NONCASH DEPOSITS: Interest begins to accrue on the business day you deposit noncash items (for example, checks).
TRANSACTION LIMITATIONS: You may make additions to the balance in your account during its term.
EARLY WITHDRAWAL PENALTY: We may impose a penalty if you withdraw any of the principal before the maturity date. The amount of the penalty is 6 months of interest. Any withdrawal which reduces the account balance below the minimum balance requirement shall be considered as a withdrawal of the entire account balance and shall be subject to the penalty prescribed above.
IRA ACCOUNT PROVISIONS: No penalty will be imposed for any withdrawal that is made within 7 days of establishing the IRA Account. In addition to any penalty that we may impose for early withdrawal, under certain circumstances, there may be an additional IRS penalty. See your Retirement Account Documents for details.
WITHDRAWAL OF INTEREST PRIOR TO MATURITY: The annual percentage yield disclosed in the rate section assumes interest will remain on deposit until maturity. Any withdrawal will reduce earnings.
RENEWAL OF ACCOUNT: Your account will automatically renew at maturity. You will have 7 calendar days after the maturity date to withdraw your funds without being charged a penalty.


Armstrong County Building and Loan Association
935 Fifth Avenue, P.O. Box 271
Ford City, PA 16226
(724) 763-7137
Fax: (724) 763-7188
info@acbla.com
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