Rates as of June 18, 2010 Rates subject to change without notice. All Accounts insured to $250,000 by American Share Insurance.

Savings, Checking Accounts (Plus and E-Checking)

Money Market Accounts

The minimum average daily balance required to earn the disclosed APY is as set forth above.

The minimum balance required to open and maintain the Traditional and Roth IRA Savings Account is $50.

The minimum balance required to open and maintain all other accounts is as set forth in the Account Agreement and Truth-In-Savings Disclosure.

For all Savings, IRA Savings and Money Market Accounts, dividends are paid from current and available earnings, after required transfers to reserves at the end of a dividend period. The Dividend Rate and APY on such accounts are subject to change.

Savings Accounts: If your average daily balance is more than $0 the prospective Dividend Rate and prospective APY as set forth above will be paid on the entire account balance for the dividend period.

For all Plus and E-Checking Accounts, dividends are paid from current and available earnings, after required transfers to reserves at the end of a dividend period. The Dividend Rate and APY on such accounts are subject to change.

Plus and E-Checking Accounts: If your average daily balance is more than $0 the prospective Dividend Rate and prospective APY as set forth above will be paid on the entire account balance for the dividend period.

Money Market Accounts: If your average daily balance is more than $2,499.99 but less than $10,000 the prospective Dividend Rate and prospective APY as set forth above will be paid on the entire account balance for the dividend period. If your average daily balance is more than $9,999.99 but less than $50,000 the prospective Dividend Rate and prospective APY as set forth above will be paid on the entire account balance for the dividend period. If your average daily balance is more than $49,999.99 but less than $100,000 the prospective Dividend Rate and prospective APY as set forth above will be paid on the entire account balance for the dividend period.  If your average daily balance is $100,000 or more, the prospective Dividend Rate and prospective APY as set forth above will be paid on the entire account balance for the dividend period.

Fees and other conditions could reduce earnings on any of the listed accounts as set forth in the Credit Union’s Account Agreement and Truth-In-Savings Disclosure.

Share Certificate Accounts
Minimum Balance: $1,000

The minimum balance required to open and maintain each Term Share (Certificate) Account is as set forth above. The minimum balance required to open and maintain each Term Share (Certificate) Account opened as a Traditional and Roth IRA is as set forth above.

The minimum balance required to earn the disclosed APY for each Term Share (Certificate) Account is as set forth above. For purposes of this disclosure, such Dividend Rates and APYs were offered within the most recent seven (7) calendar days and were accurate as of the last date as set forth above. Please call (310) 374-3436 to obtain current rate information for such accounts.

Dividends are paid from current and available earnings, after required transfers to reserves at the end of a dividend period. A substantial penalty may be imposed for early withdrawal.

The applicable Dividend Rate and APY as set forth above for each Term Share (Certificate) Account will be paid for the length of the term listed.

Fees and other conditions could reduce earnings on any of the listed accounts as set forth in the Credit Union’s Account Agreement and Truth-In-Savings Disclosure.

IRA Share Certificates
Minimum Balance: $1,000

The minimum balance required to open and maintain each Term Share (Certificate) Account is as set forth above. The minimum balance required to open and maintain each Term Share (Certificate) Account opened as a Traditional and Roth IRA is as set forth above. **For the 15 Month Term Share (Certificate) – Currently not offering; disclosed for indexing purposes only on existing accounts. Upon maturity of existing accounts, funds will automatically transfer to a 12 Month Term Share (Certificate) Account at the prevailing Dividend Rate and APY.

The minimum balance required to earn the disclosed APY for each Term Share (Certificate) Account is as set forth above. For purposes of this disclosure, such Dividend Rates and APYs were offered within the most recent seven (7) calendar days and were accurate as of the last date as set forth above. Please call (310) 374-3436 to obtain current rate information for such accounts.

Dividends are paid from current and available earnings, after required transfers to reserves at the end of a dividend period. A substantial penalty may be imposed for early withdrawal.

The applicable Dividend Rate and APY as set forth above for each Term Share (Certificate) Account will be paid for the length of the term listed. **For the 15 Month Term Share (Certificate) Account (including Accounts opened as Traditional and Roth IRAs), the Accountholder may bump up the Dividend Rate and APY once during the term. To bump up the Dividend Rate and APY, the Accountholder must notify the Credit Union in writing. The bump up Dividend Rate and APY would be the disclosed Dividend Rate and APY in effect on the date the Credit Union receives the Accountholder’s written notification.

Fees and other conditions could reduce earnings on any of the listed accounts as set forth in the Credit Union’s Account Agreement and Truth-In-Savings Disclosure.

Rates as of September 1, 2010
The rates quoted are the lowest possible rates currently available. The applicant's loan rate may be higher based upon their personal recorded credit experience. All rates are determined by an evaluation of applicant credit. Your rate may vary from the one listed on this schedule. Please see a loan representative for your qualified rate. Rates are subject to change without notice. South Bay Credit Union will lock mobile home rates for 60 days. South Bay Credit Union will lock consumer rates for 30 days.
*Rates quoted include a 0.25% discount for automatic payments from an SBCU savings or checking account

Rates as of September 1, 2010

Mortgage/1st Trust Deed^

^For Investment Properties/Second Homes, 0.375% Shall Be Added to Rates Listed Above.

Home Equity Loans

¹Second Trust Deed Loans Available on Primary Residence Only.

The Prime Rate effective August 1, 2010 is 3.250%
*Rates quoted with an asterisk include a 0.250% discount for automatic payments from SBCU savings or checking. Current fully indexed APR is 3.250%. The maximum interest rate cannot exceed 18.000% APR. The minimum interest rate shall be 4.00%. Rate is based upon prime rate plus 0.000% and is subject to change at the first of each month. Rates are effective 8/1/10 and apply to loans with a Combined Loan to Value (CLTV) of 75%, up to $250,000. Terms are available up to 25 years; the draw period is for 10 years and payments are interest only during this time. After the draw period, the loan is fully amortized to payoff for 15 years. All loans are subject to credit approval, title search, and verification of equity. Example: For a home equity line of credit limit of $50,000 on property located in Los Angeles County, your approximate closing costs are $812. Homeowners insurance and flood insurance, if applicable, is required. Consult your tax advisor for potential tax breaks.

Conforming loans are $417,000 or less. Conforming Jumbos for LA and Orange Counties are $625,500.00. Maximum loan limit: 1,000,000.00.
**The Application Fee and third party loan origination fees will be waived if the loan or line of credit remains open for a minimum of 24 months from the date of the loan. If the loan or line of credit is paid off and closed within 24 months from the date of the loan, you will be required to pay the Application Fee and the fees and charges associated with originating and closing the loan in addition to any fees required to reconvey the security of these loan programs.
† Annual Percentage Rate