Consumer Account Disclosures

IRAs

IRAs may not be used as collateral on a loan. IRAs are subject to all rules and regulations regarding IRAs set by the IRS. Fees or other conditions may reduce the earnings of the account. See detailed IRA and Certificate Information.

Deposit Rate Schedule

The published Deposit Rate Schedule sets forth current rates applicable to your accounts at Solarity Credit Union at this time. Rates are subject to change any time. Each account holder agrees to the terms set forth on the Deposit Rate Schedule and acknowledges that it is part of the Solarity Credit Union Membership Account Agreement.

Share Insurance

Deposits in Solarity Credit Union are insured by the National Credit Union Share Insurance Fund (NCUSIF). As a Solarity member, you do not pay directly for your share insurance protection. Solarity Credit Union pays into the NCUSIF for you.

By federal law, as of 1/1/2013, funds in a non-interest-bearing transaction account (including an IOLTA/IOLA) will no longer receive unlimited deposit insurance coverage, but will be NCUSIF-insured to the legal maximum of $250,000 for each ownership category.

For more information, visit the NCUA website at NCUA.gov or contact NCUA’s Consumer Assistance Center between 8 a.m. and 6 p.m. EDT at 800.755.1030, press (1) for share insurance questions.