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CD Disclosures

Compounding Frequency - Interest will be compounded and credited to your account semi-annually.

Minimum Balance to Open the Account - You must deposit $_____ to open this account.

Minimum Balance to Obtain the Annual Percentage Yield Disclosed - You must maintain the minimum balance of $____ in the account each day to obtain the disclosed annual percentage yield.

Daily Balance Computation Method - We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Accrual of interest on Noncash Deposits - Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks)

Transaction Limitations -
You may make unlimited deposits into your account.
You may not make withdrawals of principal from your account before maturity.
You can only withdraw interest credited in the term before maturity of that term without penalty. You can withdraw interest any time during the term of crediting after it is credited to your account.

Time Requirements - Your account will mature at the end of the deposit term selected.

Early Withdrawal Penalties (A penalty will be imposed for withdrawal before maturity) -

The fee we will impose will equal 90 days interest whether earned or not, on the amount withdrawn subject to penalty.

In certain circumstances such as the death or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. Other exceptions may also apply, for example, if this is part of an IRA or other tax-deferred savings plan.

Withdrawal of Interest Prior to Maturity - The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.

Automatically Renewable Time Account - This account will automatically renew at maturity. You may prevent renewal if we receive written notice from you before maturity of your intention not to renew or you withdraw the funds in the account at maturity (or within the grace period mentioned below, if any). If you prevent renewal, interest will not accrue after final maturity.

Each renewal term will be the same as the original term, beginning on the maturity date. The interest rate will be the same we offer on new time deposits on the maturity date which have the same term, minimum balance (if any) and other features as the original time deposit.

You will have ten calendar days after maturity to withdraw the funds without a penalty.

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