Savings & Checking Services

The following rates are effective on June 6, 2008, and subject to change at any time without notice. For updated information, inquire at any branch office or contact 210.673.5610.

Certificate Accounts

Term	Minimum Opening Balance Required		Dividend Rate	Annual Percentage Yield (APY)
5 years		$100,000	3.981%	4.05%
		$25,000	3.884%	3.95%
		$12,500	3.884%	3.95%
		$2,500	3.834%	3.90%
3 years		$100,000	3.933%	4.00%
		$25,000	3.834%	3.90%
		$12,500	3.834%	3.90%
		$2,500	3.783%	3.85%
		$1,000	3.783%	3.85%
2 years		$100,000	3.834%	3.90%
		$25,000	3.783%	3.85%
		$12,500	3.739%	3.80%
		$2,500	3.687%	3.75%
		$1,000	3.687%	3.75%
1 year		$100,000	3.449%	3.50%
		$25,000	3.401%	3.45%
		$12,500	3.348%	3.40%
		$2,500	3.298%	3.35%
		$1,000	3.298%	3.35%
6 months		$100,000	3.201%	3.25%
		$25,000	3.156%	3.20%
		$12,500	3.105%	3.15%
		$2,500	3.054%	3.10%
		$1,000	3.054%	3.10%
Dividends Compounded: Monthly. Dividends Credited: Monthly. Balance Computation Method: Dividends are calculated using the daily balance method. This method applies a daily periodic rate to the principle in the account each day. *Fees: Penalty will be imposed for early withdrawal. Limited time offer and may be discontinued at any time. Notice of Change in Terms in Share Certificate Penalty** Effective February 1, 2008 if during the 10-day grace period of the share certificate, you inform Air Force Federal Credit Union of your decision not to renew the certificate, no dividends will be paid for the grace period. All share certificates issued or renewed beginning this date will have the following terms for the calculation of the penalty: The early withdrawal penalty will be equal to one half of the dividends that would accrue from the date of the withdrawal to the maturity date applying the contracted rate on the certificate based to the amount withdrawn over and above any dividends credited to the certificate to date of withdrawal.

IRA Shares

	Minimum Balance	Dividend Rate	Annual Percentage Yield (APY)
	Up to $25,000.00	1.15%	1.16%
	$25,000.01 - $50,000.00	2.42%	2.45%
	$50,000.01 - $100,000.00	2.47%	2.50%
	$100,000.01 & Up	2.57%	2.61%
Dividends Compounded: Monthly. Dividends Credited: Monthly. Balance Computation Method: Dividends are calculated using the daily balance method. This method applies a daily periodic rate to the principle in the account each day. Limitations: Minimum $5 opening balance required.

Coverdell ESA Shares

	Minimum Balance	Dividend Rate	Annual Percentage Yield (APY)
	Up to $25,000.00	1.15%	1.16%
	$25,000.01 - $50,000.00	2.42%	2.45%
	$50,000.01 - $100,000.00	2.47%	2.50%
	$100,000.01 & Up	2.57%	2.61%
Dividends Compounded: Monthly. Balance Computation Method: Dividends are calculated using the daily balance method. This method applies a daily periodic rate to the principle in the account each day. Limitations: Minimum $5 opening balance required.

Money Markets

	Minimum Balance	Dividend Rate	Annual Percentage Yield (APY)
	Up to $2,500.00	.50%	.50%
	$2,500.01 - $25,000.00	1.15%	1.16%
	$25,000.01 - $50,000.00	2.42%	2.45%
	$50,000.01 - $100,000.00	2.47%	2.50%
	$100,000.01 & Up	2.57%	2.61%
Dividends Compounded: Monthly. Dividends Credited: Monthly. Balance Computation Method: Dividends are calculated using the daily balance method. This method applies a daily periodic rate to the principle in the account each day. Limitations: Minimum $2,500 opening balance required. *Fees:** Minimum balance is $250 to avoid fees.

Savings Accounts

Type	Minimum Balance	Dividend Rate	Annual Percentage Yield (APY)
Share Savings	$5	0.50%	0.50%
Christmas Club	$0	0.50%	0.50%
Dividends Compounded: Monthly. Dividends Credited: Monthly. Balance Computation Method: Dividends are calculated using the daily balance method. This method applies a daily periodic rate to the principle in the account each day. Limitations: Minimum $5 opening balance required. *Fees:** Penalty for early withdrawal from Christmas Club account is $10, the account must be closed and cannot be reopened until after the designated date.

Checking Account

Type	Minimum Balance	Dividend Rate	Annual Percentage Yield (APY)
Simple Checking	$0	0.15%	0.15%
Complete Checking	$0	0.15%	0.15%
Beneficial Checking	$0	0.15%	0.15%
Confident Checking	$0	0.15%	0.15%
Command Club	$0	0.15%	0.15%
Dividends Compounded: Monthly. Dividends Credited: Monthly. Balance Computation Method: Dividends are calculated using the daily balance method. This method applies a daily periodic rate to the principle in the account each day. Limitations: Minimum $25 opening balance required. *Fees:** $9 per month for Complete Checking account, $7 per month for Beneficial and Confident Checking.

* Fees could reduce earnings.

Health Savings Account (HSA)

	Minimum Balance	Dividend Rate	Annual Percentage Yield (APY)
	Up to $25,000.00	1.15%	1.16%
	$25,000.01 - $50,000.00	2.42%	2.45%
	$50,000.01 - $100,000.00	2.47%	2.50%
	$100,000.01 & Up	2.57%	2.61%
Dividends Compounded: Monthly. Dividends Credited: Monthly. Balance Computation Method: Dividends are calculated using the daily balance method. This method applies a daily periodic rate to the principle in the account each day. Limitations: Minimum $5 opening balance required.