SKYLIGHT® SAVINGS ACCOUNT AGREEMENT (JULY 2016)Savings Account Agreement • May 25th, 2016
Contract Type FiledMay 25th, 2016The Skylight Savings Account is a tiered‐variable rate Savings Account. Effective July 1, 2016, the Average Daily Balances necessary to receive the advertised interest rates on the Skylight Savings Account will change. This means the interest rate for the Savings Account will be 4.91% with an Annual Percentage Yield of 5.00% for balances up to, but not exceeding, $1,000.00. For that portion of the Savings Account that is $1,000.01, or more, the interest rate will be 0.49% with an Annual Percentage Yield of 0.50%. The Annual Percentage Yield for this tier will range from 5.00% to 0.54%, depending on the balance in the Savings Account. The interest rates and Annual Percentage Yields may change. See the section labeled “Rate Information” in the Truth‐in‐Savings Disclosures below for more details about the new variable rate.