Dividends are paid monthly on a tiered structure based on the average daily balance at a split rate. Truth in Savings Account Disclosure Except as specifically described, the following disclosures apply to-all of the accounts. The Dividend Rate and Annual Percentage Yield on your accounts are set forth above. The Annual Percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. The Dividend Rate and Annual Percentage Yield may change as determined by the Credit Union's Board of Directors.