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Account Disclosure Rate Supplement and Schedule of Fees and Charges60 Westwood Road Pottsville, PA 179011834 Phone: (570) 6223399 Fax: (570) 6225801INSTRUCTIONSThis supplement is incorporated into,
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Read the truth in savings disclosure document carefully and thoroughly.
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Who needs truth in savings disclosure?

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Anyone who is opening a new savings account at a financial institution.
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Individuals who want to have a clear understanding of the terms and conditions associated with their savings account.
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Truth in savings disclosure is a regulation that requires financial institutions to provide clear and accurate information about the terms and conditions of deposit accounts to consumers, ensuring transparency about fees, interest rates, and other pertinent details.
All financial institutions that offer deposit accounts, such as banks, credit unions, and savings institutions, are required to file truth in savings disclosures.
To fill out a truth in savings disclosure, financial institutions must include specific information such as the annual percentage yield (APY), interest rates, fees, and terms of the account, ensuring that the disclosure is formatted clearly for consumer understanding.
The purpose of truth in savings disclosure is to protect consumers by providing them with important information about deposit accounts, enabling them to make informed decisions regarding their finances.
The information reported on truth in savings disclosure must include the account's annual percentage yield (APY), interest rates, fees, balance requirements, and any other terms and conditions affecting the account.
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