Hybrid Early Disclosure

This disclosure contains important information about our Home Equity Line of Credit Plan. You should read it carefully and keep a copy for your records.

AVAILABILITY OF TERMS: All of the terms described below are subject to change. If these terms change (other than the annual percentage rate) and you decide, as a result, not to enter into an agreement with us, you are entitled to a refund of any fees that you pay to us or anyone else in connection with your application.

SECURITY INTEREST: We will take a security interest in your home. You could lose your home if you do not meet the obligations in your agreement with us.

POSSIBLE ACTIONS: We can terminate your line, require you to pay us the entire outstanding balance in one payment, and charge you certain fees, if

For Wisconsin Borrowers Only: (1) you fail to make a required payment when due two times within a twelve month period, or (2) your failure to observe the terms of this plan materially impairs the condition, value or protection of, or our rights in, the property securing this plan.

For All Other Borrowers: (1) you engage in fraud or material misrepresentation in connection with the plan; (2) you do not meet the repayment terms of this plan, or (3) your action or inaction adversely affects the collateral or our rights in the collateral.

We can refuse to make additional extensions of credit or reduce your credit limit if (1) any reasons mentioned above exist; (2) the value of the dwelling securing the line declines significantly below its appraised value for purposes of the line; (3) we reasonably believe that you will not be able to meet the repayment requirements due to a material change in your financial circumstances; (4) you are in default of a material obligation of the agreement; (5) government action prevents us from imposing the annual percentage rate provided for in the agreement; (6) the priority of our security interest is adversely affected by government action to the extent that the value of the security interest is less than 120 percent of the credit line; (7) a regulatory agency has notified us that continued advances would constitute an unsafe and unsound business practice; (8) the maximum annual percentage rate is reached, or (9) For Wisconsin Borrowers Only: you engage in fraud or material misrepresentation in connection with this plan.

MINIMUM PAYMENT REQUIREMENTS: You can obtain credit advances for 10 years. This period is called the "draw period." At our option, we may renew or extend the draw period. After the draw period ends the repayment period will begin. The length of the repayment period will depend on the balance at the time of the last advance you obtain before the draw period ends. You will be required to make monthly payments during both the draw and repayment periods. At the time of each credit advance a payoff period will be established. The payoff period may vary depending on the amount of your outstanding credit balance after you obtain an advance. The payoff period is shown in the following table:

Range of Balances		Payoff Period
Up to -	$10,000.00	60 Monthly Payments
$10,000.01 -	$25,000.00	120 Monthly Payments
$25,000.01 -	And above	180 Monthly Payments

The payoff period after a credit advance will always be the shorter of the payoff period for your outstanding balance or the time remaining to the final payment date. Your payment will be set to repay the balance after the advance, at the current annual percentage rate, within the payoff period. Your payment will remain the same unless you obtain another credit advance. Your payment may also change if the annual percentage rate increases. If, after the increase, your payment is insufficient to repay the balance within the existing payoff period, but is sufficient to repay the balance within the shorter of 180 months or the time remaining to the final payment date, then your payment will not change. Instead, we will extend the payoff period by the number of months needed to ensure that your payment will repay the balance. If, after the increase, your payment is insufficient to repay the balance within the shorter of 180 months or the time remaining to the final payment date, then we will increase your payment. The payment will increase by the amount necessary to ensure that the balance will be repaid within the shorter of those two periods. Your payment will include any amounts past due and any amount by which you have exceeded your credit limit, and all other charges. Your payment will never be less than the smaller of $100.00, or the full amount that you owe.

MINIMUM PAYMENT EXAMPLE: If you made only the minimum monthly payment and took no other credit advances it would take 5 years to pay off a credit advance of $10,000 at an ANNUAL PERCENTAGE RATE of 9.0%. During that period, you would make 59 payments of $207.61 and one (1) final payment of $206.91.

FEES AND CHARGES: In order to open, use and maintain a line of credit plan, you may be required to pay the following fees to us:

Check Printing Charge: $7.50 (Due when checks are ordered)

You must pay certain fees to third parties to open the plan. These fees generally total between $0.00 and $500.00. If you ask, we will provide you with an itemization of the fees you will have to pay third parties.

The Lender may pay some or all of the bona-fide third party fees to open the plan. When the Borrower pays off and closes the plan within two (2) years from its opening date, Borrower may be required to reimburse the Lender for those bona-fide third party fees, as permitted by applicable law. If the Borrower asks, the Lender will provide Borrower with an itemization of the bona-fide third party fees. For each month the plan is open after its opening date, the amount of the bona fide third party fees Borrower must reimburse Lender for will be reduced by 1/24.

PROPERTY INSURANCE: You must carry insurance on the property that secures this plan. If the property is located in a Special Flood Hazard Area we will require you to obtain flood insurance if it is available. The following notice is required by New York law. You are required to obtain property insurance on the property that is security for your mortgage loan. We cannot require you to obtain an insurance policy in excess of the replacement cost of the improvements on the property securing the loan.

REFUNDABILITY OF FEES: If you decide not to enter into this plan within three business days of receiving this disclosure and the home equity brochure, you are entitled to a refund of any fee you may have already paid.

TAX DEDUCTIBILITY: You should consult a tax advisor regarding the deductibility of interest and charges for the plan.

VARIABLE RATE FEATURE: This plan has a variable rate feature and the annual percentage rate (corresponding to the periodic rate) and the minimum payment may change as a result. The annual percentage rate includes only interest and no other costs. The annual percentage rate is based on the value of an index. The index is the Prime Rate published in the Money Rates column of The Wall Street Journal. When a range of rates has been published the highest rate will be used. We will use the most recent index value available to us as of 15 days before the date of any annual percentage rate adjustment.

To determine the annual percentage rate that will apply to your account, we add a margin to the value of the Index. The initial percentage rate may be “discounted” – not based on an index and margin used for later rate adjustments.  The  initial  rate  will  be  in  effect  until                                     , and at the credit union’s option, for a longer period of time. Ask us for the current index value, margin, discount and annual percentage rate. After you open a plan, rate information will be provided on periodic statements that we send you. The loan examples in this disclosure will assume a discount for a period of three months.

RATE CHANGES: The annual percentage rate can change quarterly on the first day of January, April, July and October. There is no limit on the amount by which the annual percentage rate can change during any one year period. The maximum ANNUAL PERCENTAGE RATE that can apply is 18.0% or the maximum permitted by law, whichever is less. However, under no circumstances will your ANNUAL PERCENTAGE RATE go below 2.99% at any time during the term of the plan.

FIXED INTEREST RATE LOCK TERM LOAN OPTION: This plan has a fixed interest rate lock term loan option (“the option” or “fixed interest rate lock”) which you may exercise to convert all or a portion of your outstanding balance into a fixed interest rate loan with a fixed payment. Each of you authorizes the other(s) to exercise the option on one or more occasions individually and agrees to repay the Outstanding Balance(s) Converted by the other(s) in accordance with the terms of the fixed interest rate lock. You may exercise the option up to two times per calendar year during the first 10 years of the draw period and may only have two different outstanding balances with a fixed interest rate lock at any one time. The minimum amount you may convert is $5,000.00.

When you exercise the option, the interest rate will be fixed on the outstanding balance you elected to convert. Your interest rate will be equal to the value of the Prime Rate published in the Money Rates column of The Wall Street Journal, plus the margin applicable to your account, in effect for the quarterly period at the time you exercise the option, plus a Fixed Rate Lock Margin for the applicable Payoff Period/Term as shown in the following table:

Fixed Rate Lock Margin

Payoff Period/Term
60 Month	0.50%
120 Month	1.00%
180 Month	1.50%

When you exercise the option, a Payoff Period will be used to calculate your payment. The Payoff Period will be determined on the amount of the Outstanding Balance Converted as shown in the following table:

Outstanding Balance Converted		Payoff Period
$5,000.00 -	$10,000.00	60 Monthly Payments
$10,000.01 -	$25,000.00	120 Monthly Payments
$25,000.01 -	And above	180 Monthly Payments

The Payoff Period will always be the shorter of the Payoff Period or the time remaining to the maturity date of your plan. Your payment will be set to repay the Outstanding Balance Converted, at your fixed interest rate determined as disclosed above, within the Payoff Period. Your payment will include all amounts past due and all other charges. If you have two different outstanding balances with a fixed interest rate lock, you will have to make monthly payments with respect to each. The monthly payments with respect to the outstanding balances with a fixed interest rate lock will be in addition to the monthly payment on the remaining outstanding credit balance on your line of credit.

In the event you make a payment or excess payment on your HELOC Account and do not specify which outstanding balance such payment is to be applied to, or if there is a credit on your HELOC Account, such amounts will be applied first to any voluntary payment protection costs; then to any finance charges and other applicable charges on the remaining outstanding credit balance on your line of credit; then to finance charges and other applicable charges on the Outstanding Balance Converted, and if you have two different outstanding balances with a fixed interest rate lock in ascending order (earliest balance converted first); then to principal on the remaining outstanding credit balance on your line of credit; and, then to principal on the Outstanding Balance Converted, and if you have two different outstanding balances with a fixed interest rate lock in ascending order (earliest balance converted first).

In order to exercise the option, you must sign and return to us a Fixed Interest Rate Lock Term Loan Option Election Form (“Election Form”). The Election form will set forth the outstanding principal balance you elected to convert, fixed interest rate and Annual Percentage Rate, term (in months), number of monthly payments, the amount of each monthly payment and the payment due dates applicable to the Outstanding Balance Converted.

When you exercise the option, if the remaining outstanding balance on your account is $1,000.00 or less, you must pay all interest due on your account. You may not exercise the option if your credit limit will be exceeded, you are 30 days or more past due on your account or a Borrower on the account is deceased. Your credit limit will apply to the combined total of the outstanding balance on your account plus the outstanding balance(s) you elected to convert to a fixed interest rate loan.

As the outstanding balance(s) you elected to convert to a fixed interest rate loan are paid down during the draw period, those funds are available for future advances on your account. All future advances on your account will be at the current annual percentage rate applicable to your account according to the terms disclosed above, unless another option is exercised.

MAXIMUM RATE AND PAYMENT EXAMPLES: If you had an outstanding balance of $10,000, the minimum payment at the maximum ANNUAL PERCENTAGE RATE of 18.0% would be $253.98. This annual percentage rate could be reached at the time of the 4th payment for the discounted plan and at the time of the 1st payment for the non-discounted plan.

HISTORICAL EXAMPLE: The following table shows how the annual percentage rate and the minimum payments for a single $10,000 credit advance would have changed based on changes in the index over the past 15 years. The index values are as of the last business day of July of each year. While only one payment per year is shown, payments may have varied during each year. The table assumes that no additional credit advances were taken, that only the minimum payments were made, and that the rate remained constant during each year. It does not necessarily indicate how the index or your payments will change in the future.