IMPORTANT NOTICE

The Federal Reserve Board has finalized efforts to consolidate check processing sites due to the significant decline in the volume of paper check processing. As a result, funds from certain check deposits will be subject to a faster availability schedule.

Our previous policy provided that the availability of funds for other check deposits depended on whether the check is a local or a non local check.  For example, Local checks: The first $100 from a deposit of local checks to your share draft account will be available on the first business day after the day of your deposit. The remaining funds will be available on the second business day after the day of your deposit. Non Local checks: The first $100 from a deposit of non local checks to your share draft account will be available on the first business day after the day of your deposit. The remaining funds will be available on the fifth business day after the day of your deposit.

Effective February 27, 2010, American Broadcast Employees Federal Credit Union Funds Availability Policy Disclosure is amended as follows:

AVAILABILITY OF OTHER CHECK DEPOSITS — The first $100 from a deposit of other checks will be available by the first business day after the day of your deposit into your Share or Share Draft accounts. The remaining funds will be available by the second business day after the day of your deposit. For example, if you deposit a local check of $700 on a Monday, $100 of the deposit will be available by Tuesday. The remaining $600 will be available by Wednesday.

LONGER DELAYS MAY APPLY — We may delay your ability to withdraw funds deposited by check into your account an additional number of days for the following reasons:

• We believe a check you deposit will not be paid.

• You deposit checks totaling more than $5,000.00 on any one (1) day.

• You redeposit a check that has been returned unpaid.

• You have overdrawn your account repeatedly in the last six (6) months.

• There is an emergency, such as failure of communications or computer equipment.

We will notify you if we delay your ability to withdraw funds for any of these reasons, and we will tell you when the funds will be available. They will generally be available no later than the seventh business day after the day of your deposit.

Please retain this amendment with the original Funds Availability Policy

Disclosure provided to you.

You are welcome to contact the credit union with any questions you may have regarding this change. Thank you.