North Alabama Educators Credit Union

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SAVINGS DIVIDEND RATES


PROSPECTIVE DIVIDEND RATE & APY: September 30, 2010
"APY" is Annual Percentage Yield.
"ADB" is Average Daily Balance.


Share Accounts:......... Dividend Rate = 0.25% APY Rate = 0.25%
$100 ADB required to earn dividend.

Club Accounts:........... Dividend Rate = 0.25% APY Rate = 0.25%

IRA Share Accounts:....Dividend Rate = 0.55% APY Rate = 0.55%
$25.00 Minimum Deposit Required.

Super Shares Account: Tiered rates based on Average Daily Balance over Period
$2,000 to $9,999.99     Dividend Rate = 0.45% APY Rate = 0.45%
$10,000 to $24,999.99  Dividend Rate = 0.55% APY Rate = 0.55%
$25,000 to $49,999.99  Dividend Rate = 0.65% APY Rate = 0.65%
$50,000 and above      Dividend Rate = 0.75% APY Rate = 0.75%



LAST DIVIDEND DECLARATION DATE: June 30, 2010

Share Accounts:..........Dividend Rate = 0.30% APY Rate = 0.30%
$100 ADB required to earn dividend.

Club Accounts:............Dividend Rate = 0.30% APY Rate = 0.30%

IRA Share Accounts:....Dividend Rate = 0.55% APY Rate = 0.55%
$25.00 Minimum Deposit Required

Super Shares Account: Tiered rates based on Average Daily Balance over Period
$2,000 to $9,999.99     Dividend Rate = 0.50% APY Rate = 0.50%
$10,000 to $24,999.99  Dividend Rate = 0.60% APY Rate = 0.60%
$25,000 to $49,999.99  Dividend Rate = 0.70% APY Rate = 0.70%
$50,000 and above      Dividend Rate = 0.80% APY Rate = 0.80%


PROSPECTIVE DECLARATION DATE: OCTOBER 31, 2010
Christmas Clubs:..........Dividend Rate = 0.50% APY Rate = 0.50%

LAST DIVIDEND DECLARATION DATE: OCTOBER 31, 2009
Christmas Clubs:..........Dividend Rate = 0.95% APY Rate = 0.95%

CERTIFICATE RATES:  July 28, 2010 - August 03, 2010

TERM             DIVIDEND RATE          APY             DIVIDEND RATE     APY 
                       (NON-COMPOUNDING)                                                          (COMPOUNDING)

 6  MONTH                    0.70%*                        0.70%*                   0.70%                      0.70%
 9  MONTH                    0.80%*                        0.80%*                   0.80%                      0.80%
12 MONTH                    0.85%**                      0.85%**                  0.85%**                  0.85%**
18 MONTH                    1.00%*                        1.00%*                   1.00%                      1.00%
24 MONTH                    1.20%*                        1.20%*                   1.20%                      1.21%
27 MONTH                    1.45%*                        1.45%*                   1.45%                      1.46%
36 MONTH                    1.65%*                        1.65%*                   1.65%                      1.66%

A minimum balance of $1,000 is required to be maintained for all regular Share Certificates.
A minimum balance of $300 is required to be maintained for all regular Share Certificates on minor accounts (age 0-18).
* Dividend payments are mandatory, but the dividends cannot remain in the account.
** 12-month CD has 1 time penalty-free withdrawal.

A penalty may be imposed for early withdrawal.

Mini-Jumbo CD available at .15% over the current rate ($50,000 minimum).


IRA CERTIFICATES OF DEPOSIT:  July 28, 2010 - August 03, 2010

                                                                    DIVIDEND RATE                   APY

18-Month IRA CD $500 minimum balance                   1.20%                         1.21%
24-Month IRA CD $500 minimum balance                   1.40%                         1.41%
36-Month IRA CD $500 minimum balance                   1.80%                         1.81%
48-Month IRA CD $500 minimum balance                   2.15%                         2.17%
60-Month IRA CD $500 minimum balance                   2.45%                         2.47%

*A penalty may be imposed for early withdrawal.
Contact an Employee about applicable fees and terms.

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North Alabama Educators Credit Union