One of the many aspects of the merger of two distinct financial institutions is managing changes in accounts, and the change or disappearance of some products or services. Due to this, effective May 1, 2019, OAS FCU will not have Money Market Accounts.

Because we wish to ensure your peace of mind regarding your options for saving in the future, we are advising you of the steps we’re taking to address the closure of your Money Market Account:

• We will establish a special Money Market Club Account to replace your current Money Market Account. • On May 1, 2019 any funds remaining in your Money Market Account will be transferred to the Money Market Club account. • The rate for that account will be 0.45% Annual Percentage Rate, with a yield of 0.45% APY*. • There will be no deposits to the account, but the savings rate will remain the same until you decide to close the account. • There will be no penalties or limitations on withdrawals from your Money Market Club Account.

* The rate may be different when the transfer occurs, as rates are subject to change without notice. To establish the rate for this special account, we will always add 25 BPS (basis points) to our current Regular Share – Savings rate. You may also examine the Truth in Savings Disclosure at any time after May1, 2019 to learn the rate.