Valwood Park Federal Credit Union

Valwood Park Federal Credit Union C H E C K I N G A C C O U N T A P P L I C A T I O N Please use the spaces provided below to provide us with the information needed to open your checking account.

Member Account Number: ______(Same as your savings account number)

The information YOU provide will determine the manner in which it will appear on your checks. There is a limit of SIX LINES for the printing of the information provided.

(REQUIRED) Name(s) to appear ¤ 1) ______on checks 2) ______

Address to appear ¤ 3) ______on checks 4) ______

Optional information ¤ 5) ______

6) ______

REMEMBER -- All CHECK STYLES are DUPLICATE CHECKS

Share Draft Style Checkbook Color Quantity ____ Share Draft Starting Number 500 SHARE DRAFT CHECK NUMBERS CANNOT BE ABOVE 7999

PLEASE NOTE: The charge for your checks will be shown on your checking account as an ACH item . The normal charge ranges from $8.00 to $16.00 depending on the type of checks you choose. Checks will be mailed to your home address within approximately 10 days .

Important Checking Account Information  Savings account must be opened before the checking account  Any NSF's or other problems such a return deposited check during the first 90 days may cause closure of your savings and/or checking without notice.

Checking Accounts do not have a per item fee regarding deposit and withdrawal except as follows:

NSF FEE STOP PAYMENT TRANSFER FEE Copy of Statement Temporary Checks FEE (Overdraft Protection: Fee debited from savings) Statement Print Out (no charge at opening) $25.00 $20.00 $5.00 $5.00 $5.00 $2.00 You will need to maintain a minimum balance of $1500.00 in order to earn a dividend. Dividends accrue daily and are paid monthly. Fees may reduce earnings. If you close your account before accrued dividends are credited to the account, the accrued interest will not be paid.

* Dividend = .50% Annual Percentage Yield (APY) = .50%

AUDIO RESPONSE: DIAL ( 800 ) – 510 - 2551 Account / Share Types: 01 (Shares / Savings) 75 (Share Draft / Checking ) (REMEMBER - YOU WILL NEED YOUR PIN NUMBER )

CHECKING ACCOUNT FEATURES: FREE CHECKING :: FREE HOME BANKING FREE STARTER BOX of CHECKS :: COURTESTY PAY PROTECTION* No fee for American Express Travelers Checks (up to $1000.00 each month) Lower Rates on Loans with Direct Deposit to your Checking Account Higher Rates on Certificates of Deposit No Fee For Cash Withdrawals *Account must be open 60 Days to qualify for Courtesy Pay Protection

Share Draft Agreement: Page 3 of 3 (Revised 7 / 2007)