* APR (Annual Percentage Rate). Rates and terms in effect as of 6/19/08 and are subject to change without notice. Movable Mortgage option is available on single-family owner occupied California properties only. Adequate property insurance required for life of loan. Flood insurance may be required. Private mortgage insurance (PMI) is required on mortgages that exceed 80% loan-to-value (LTV). All loans subject to credit approval. Other restrictions may apply. The 5/5 mortgage has an interest rate that is fixed for the first five years and adjusts in increments of five years thereafter. The interest rate on this loan is subject to change five times throughout the life of the loan. The interest rate changes will be based on the weekly average yield on United States Treasury securities adjusted to a constant maturity of five years (your index), plus a margin of 2%. The most recent Index figure available (listed on www.federalreserve.gov) as of the date 45 days before each Change Date is called the "Current Index" and this index will be used in calculating your new rate. Ask us for our current interest rate and margin. If interest-only option is chosen, beginning the 61st month, the loan will convert to a fully amortized 25-year loan. The current ceiling is 5% above the initial rate. A fully amortized sample payment on a $550,000 loan at 5.875% [5.428% APR] is $3,253.46 and interest-only at 5.875% [5.428% APR] is $2,692.71

This credit union is federally insured by the National Credit Union Administration (NCUA).