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Savings Accounts – Funds Availability Disclosure

STATEMENT SAVINGS ACCOUNT

Rate Information - Your interest rate and annual percentage yield may change. Frequency of rate changes. We may change the interest rate on your account at any time. At our discretion, we may change the interest rate on your account. Interest will be compounded quarterly, and credited to your account quarterly. Interest will be credited to your account quarterly.

Minimum balance to open the account - You must deposit $100.00 to open this account. 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 on the business day you deposit noncash items (for example, checks).

Transaction limitations:
Transfers from a Statement Savings account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to three per month with no transfers by check, draft, debit card, or similar order to third parties.

Fees:
An activity charge fee of $1.00 will be charged for each debit transaction in excess of five during a calendar month.

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