DIVIDEND RATES

The following rates were declared and posted for Quarter Ending June 30, 2004

Calculated
Rate     
APY
Regular Shares
Under $24.99
$25.00 to $999.99
$1,000.00 to $4,999.99
$5,000.00 and up
0.00%
1.05%
1.125%
1.25%
0.00%
1.05%
1.13%
1.26%
Christmas Club 2.00% 2.02%
Individual Retirement Accounts 2.00% 2.02%
Vacation Club Accounts 2.00% 2.02%


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