Certificate of Deposit Disclosures

3 Month CD  

Compounding Frequency- Interest will be compounded monthly. 

Crediting Frequency- Interest will be credited into this account at maturity. 

Time requirements- This account matures 3 month(s) after account opening. 

Early Withdrawals- Forfeit 30 day’s interest at the daily accrual rate for a term of one year or less and 90 days interest for a term over one year. The penalty can exceed the interest accrued. 

Automatically Renewable Account- Your account will automatically renew at maturity. Each renewal term will be the same as the original term, beginning on the maturity date. Unless we tell you otherwise in writing, the interest rate will be the same we offer on new certificate of deposit accounts on the maturity date which have the same term, minimum balance (if any) and other features as the renewed certificate of deposit account. You will have a grace period of ten calendar day(s) after maturity to withdraw the funds without being charged an early withdrawal penalty. You may prevent renewal if you withdraw the funds in the account at maturity (or within the grace period, if any) or we receive written or telephone notice from you before maturity of your intention not to renew. 

Final Maturity- If your account is not renewed, the funds in your account will be placed in a non interest-bearing account. 

Daily Balancing Computation Method- Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. 

Accrual of Interest of Non-Cash Deposits- Interest will begin to accrue on the business day you deposit non-cash items (for example, checks) into your account. 

Minimum Balance to Open- The minimum balance to open this account is $2,500.00 

Minimum Balance to obtain the disclosed annual percentage yield- You must maintain a minimum daily balance of $2,500.00 in your account each day to obtain the disclosed annual percentage yield. 

Deposit Limitations- After the account is opened, you may make no deposits. 

Withdrawal Limitations- You may not make withdrawals of principal from your account before maturity. You cannot withdraw interest from your account before maturity. 


6 Month CD  

Compounding Frequency- Interest will be compounded monthly. 

Crediting Frequency- Interest will be credited into this account at maturity. 

Time requirements- This account matures 6 month(s) after account opening. 

Early Withdrawals- Forfeit 30 day’s interest at the daily accrual rate for a term of one year or less and 90 days interest for a term over one year. The penalty can exceed the interest accrued. 

Automatically Renewable Account- Your account will automatically renew at maturity. Each renewal term will be the same as the original term, beginning on the maturity date. Unless we tell you otherwise in writing, the interest rate will be the same we offer on new certificate of deposit accounts on the maturity date which have the same term, minimum balance (if any) and other features as the renewed certificate of deposit account. You will have a grace period of ten calendar day(s) after maturity to withdraw the funds without being charged an early withdrawal penalty. You may prevent renewal if you withdraw the funds in the account at maturity (or within the grace period, if any) or we receive written or telephone notice from you before maturity of your intention not to renew. 

Final Maturity- If your account is not renewed, the funds in your account will be placed in a non interest-bearing account. 

Daily Balancing Computation Method- Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. 

Accrual of Interest of Non-Cash Deposits- Interest will begin to accrue on the business day you deposit non-cash items (for example, checks) into your account. 

Minimum Balance to Open- The minimum balance to open this account is $2,500.00 

Minimum Balance to obtain the disclosed annual percentage yield- You must maintain a minimum daily balance of $2,500.00 in your account each day to obtain the disclosed annual percentage yield. 

Deposit Limitations- After the account is opened, you may make no deposits. 

Withdrawal Limitations- You may not make withdrawals of principal from your account before maturity. You cannot withdraw interest from your account before maturity. 


9 Month CD  

Compounding Frequency- Interest will be compounded monthly. 

Crediting Frequency- Interest will be credited into this account at maturity. 

Time requirements- This account matures 9 month(s) after account opening. 

Early Withdrawals- Forfeit 30 day’s interest at the daily accrual rate for a term of one year or less and 90 days interest for a term over one year. The penalty can exceed the interest accrued. 

Rate Reduction- If you withdraw some of the funds before maturity, the interest rate for the remaining funds in your account will be reduced. No early withdrawals are permitted. Close out is required. 

Automatically Renewable Account- Your account will automatically renew at maturity. Each renewal term will be the same as the original term, beginning on the maturity date. Unless we tell you otherwise in writing, the interest rate will be the same we offer on new certificate of deposit accounts on the maturity date which have the same term, minimum balance (if any) and other features as the renewed certificate of deposit account. You will have a grace period of ten calendar day(s) after maturity to withdraw the funds without being charged an early withdrawal penalty. You may prevent renewal if you withdraw the funds in the account at maturity (or within the grace period, if any) or we receive written or telephone notice from you before maturity of your intention not to renew. 

Final Maturity- If your account is not renewed, the funds in your account will be placed in an interest-bearing account. 

Daily Balancing Computation Method- Interest calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. 

Accrual of Interest of Non-Cash Deposits- Interest will begin to accrue on the business day you deposit non-cash items (for example, checks) into your account. 

Minimum Balance to Open- The minimum balance to open this account is $2,500.00 

Minimum Balance to obtain the disclosed annual percentage yield- You must maintain a minimum daily balance of $2500.00 in your account each day to obtain the disclosed annual percentage yield. 

Deposit Limitations- After the account is opened, you may make no deposits. 

Withdrawal Limitations- You may not make withdrawals of principal from your account before maturity. You cannot withdraw interest from your account before maturity. 


12 Month CD  

Compounding Frequency- Interest will be compounded monthly. 

Crediting Frequency- Interest will be credited into this account at maturity. 

Time requirements- This account matures 12 month(s) after account opening. 

Early Withdrawals- Forfeit 30 day’s interest at the daily accrual rate for a term of one year or less and 90 days interest for a term over one year. The penalty can exceed the interest accrued. 

Automatically Renewable Account- Your account will automatically renew at maturity. Each renewal term will be the same as the original term, beginning on the maturity date. Unless we tell you otherwise in writing, the interest rate will be the same we offer on new certificate of deposit accounts on the maturity date which have the same term, minimum balance (if any) and other features as the renewed certificate of deposit account. You will have a grace period of ten calendar day(s) after maturity to withdraw the funds without being charged an early withdrawal penalty. You may prevent renewal if you withdraw the funds in the account at maturity (or within the grace period, if any) or we receive written or telephone notice from you before maturity of your intention not to renew. 

Final Maturity- If your account is not renewed, the funds in your account will be placed in a non interest-bearing account. 

Daily Balancing Computation Method- Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. 

Accrual of Interest of Non-Cash Deposits- Interest will begin to accrue on the business day you deposit non-cash items (for example, checks) into your account. 

Minimum Balance to Open- The minimum balance to open this account is $500.00 

Minimum Balance to obtain the disclosed annual percentage yield- You must maintain a minimum daily balance of $500.00 in your account each day to obtain the disclosed annual percentage yield. 

Deposit Limitations- After the account is opened, you may make no deposits. 

Withdrawal Limitations- You may not make withdrawals of principal from your account before maturity. You cannot withdraw interest from your account before maturity. 


13 Month CD Special

Compounding Frequency- Interest will be compounded monthly. 

Crediting Frequency- Interest will be credited into this account at maturity. 

Time requirements- This account matures 13 month(s) after account opening. 

Early Withdrawals- Forfeit 30 day’s interest at the daily accrual rate for a term of one year or less and 90 days interest for a term over one year. The penalty can exceed the interest accrued. 

Final Maturity- If your account is not renewed, the funds in your account will be placed in a non interest-bearing account. 

Daily Balancing Computation Method- Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. 

Accrual of Interest of Non-Cash Deposits- Interest will begin to accrue on the business day you deposit non-cash items (for example, checks) into your account. 

Minimum Balance to Open- The minimum balance to open this account is $5,000.00 

Minimum Balance to obtain the disclosed annual percentage yield- You must maintain a minimum daily balance of $5,000.00 in your account each day to obtain the disclosed annual percentage yield. 

Deposit Limitations- After the account is opened, you may make no deposits.  

Withdrawal Limitations- You may not make withdrawals of principal from your account before maturity. You cannot withdraw interest from your account before maturity. 


 18th Month CD  

Compounding Frequency- Interest will be compounded monthly. 

Crediting Frequency- Interest will be credited into this account at maturity. 

Time requirements- This account matures 18 month(s) after account opening. 

Early Withdrawals- Forfeit 30 day’s interest at the daily accrual rate for a term of one year or less and 90 days interest for a term over one year. The penalty can exceed the interest accrued. 

Automatically Renewable Account- Your account will automatically renew at maturity. Each renewal term will be the same as the original term, beginning on the maturity date. Unless we tell you otherwise in writing, the interest rate will be the same we offer on new certificate of deposit accounts on the maturity date which have the same term, minimum balance (if any) and other features as the renewed certificate of deposit account. You will have a grace period of ten calendar day(s) after maturity to withdraw the funds without being charged an early withdrawal penalty. You may prevent renewal if you withdraw the funds in the account at maturity (or within the grace period, if any) or we receive written or telephone notice from you before maturity of your intention not to renew. 

Final Maturity- If your account is not renewed, the funds in your account will be placed in a non- interest-bearing account. 

Daily Balancing Computation Method- Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. 

Accrual of Interest of Non-Cash Deposits- Interest will begin to accrue on the business day you deposit non-cash items (for example, checks) into your account. 

Minimum Balance to Open- The minimum balance to open this account is $500.00 

Minimum Balance to obtain the disclosed annual percentage yield- You must maintain a minimum daily balance of $500.00 in your account each day to obtain the disclosed annual percentage yield. 

Deposit Limitations- After the account is opened, you may make no deposits. 

Withdrawal Limitations- You may not make withdrawals of principal from your account before maturity. You cannot withdraw interest from your account before maturity. 


24 Month CD  

Compounding Frequency- Interest will be compounded monthly. 

Crediting Frequency- Interest will be credited into this account at maturity. 

Time requirements- This account matures 24 month(s) after account opening. 

Early Withdrawals- Forfeit 30 day’s interest at the daily accrual rate for a term of one year or less and 90 days interest for a term over one year. The penalty can exceed the interest accrued. 

Rate Reduction- If you withdraw some of the funds before maturity, the interest rate for the remaining funds in your account will be reduced. No early withdrawals are permitted. Close out is required. 

Automatically Renewable Account- Your account will automatically renew at maturity. Each renewal term will be the same as the original term, beginning on the maturity date. Unless we tell you otherwise in writing, the interest rate will be the same we offer on new certificate of deposit accounts on the maturity date which have the same term, minimum balance (if any) and other features as the renewed certificate of deposit account. You will have a grace period of ten calendar day(s) after maturity to withdraw the funds without being charged an early withdrawal penalty. You may prevent renewal if you withdraw the funds in the account at maturity (or within the grace period, if any) or we receive written or telephone notice from you before maturity of your intention not to renew. 

Final Maturity- If your account is not renewed, the funds in your account will be placed in a non interest-bearing account. 

Daily Balancing Computation Method- Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. 

Accrual of Interest of Non-Cash Deposits- Interest will begin to accrue on the business day you deposit non-cash items (for example, checks) into your account. 

Minimum Balance to Open- The minimum balance to open this account is $500.00 

Minimum Balance to obtain the disclosed annual percentage yield- You must maintain a minimum daily balance of $500.00 in your account each day to obtain the disclosed annual percentage yield. 

Deposit Limitations- After the account is opened, you may make no deposits. 

Withdrawal Limitations- You may not make withdrawals of principal from your account before maturity. You cannot withdraw interest from your account before maturity. 


30 Month CD Special 

Compounding Frequency- Interest will be compounded monthly. 

Crediting Frequency- Interest will be credited into this account at maturity. 

Time requirements- This account matures 30 month(s) after account opening. 

Early Withdrawals- Forfeit 30 day’s interest at the daily accrual rate for a term of one year or less and 90 days interest for a term over one year. The penalty can exceed the interest accrued. 

Final Maturity- If your account is not renewed, the funds in your account will be placed in a non interest-bearing account. 

Daily Balancing Computation Method- Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. 

Accrual of Interest of Non-Cash Deposits- Interest will begin to accrue on the business day you deposit non-cash items (for example, checks) into your account. 

Minimum Balance to Open- The minimum balance to open this account is $5,000.00 

Minimum Balance to obtain the disclosed annual percentage yield- You must maintain a minimum daily balance of $5,000.00 in your account each day to obtain the disclosed annual percentage yield. 

Deposit Limitations- After the account is opened, you may make no deposits.  

Withdrawal Limitations- You may not make withdrawals of principal from your account before maturity. You cannot withdraw interest from your account before maturity 


 

36 Month CD  

Compounding Frequency- Interest will be compounded monthly. 

Crediting Frequency- Interest will be credited into this account at maturity. 

Time requirements- This account matures 36 month(s) after account opening. 

Early Withdrawals- Forfeit 30 days interest at the daily accrual rate for a term of one year or less and 90 days interest for a term over one year. The penalty can exceed the interest accrued. 

Automatically Renewable Account- Your account will automatically renew at maturity. Each renewal term will be the same as the original term, beginning on the maturity date. Unless we tell you otherwise in writing, the interest rate will be the same we offer on new certificate of deposit accounts on the maturity date which have the same term, minimum balance (if any) and other features as the renewed certificate of deposit account. You will have a grace period of ten calendar day(s) after maturity to withdraw the funds without being charged an early withdrawal penalty. You may prevent renewal if you withdraw the funds in the account at maturity (or within the grace period, if any) or we receive written or telephone notice from you before maturity of your intention not to renew. 

Final Maturity- If your account is not renewed, the funds in your account will be placed in a non interest-bearing account. 

Daily Balancing Computation Method- Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. 

Accrual of Interest of Non-Cash Deposits- Interest will begin to accrue on the business day you deposit non-cash items (for example, checks) into your account. 

Minimum Balance to Open- The minimum balance to open this account is $500.00 

Minimum Balance to obtain the disclosed annual percentage yield- You must maintain a minimum daily balance of $500.00 in your account each day to obtain the disclosed annual percentage yield. 

Deposit Limitations- After the account is opened, you may make no deposits. 

Withdrawal Limitations- You may not make withdrawals of principal from your account before maturity. You cannot withdraw interest from your account before maturity. 


48 Month CD  

Compounding Frequency- Interest will be compounded monthly. 

Crediting Frequency- Interest will be credited into this account at maturity. 

Time requirements- This account matures 48 month(s) after account opening. 

Early Withdrawals- Forfeit 30 days interest at the daily accrual rate for a term of one year or less and 90 days interest for a term over one year. The penalty can exceed the interest accrued. 

Automatically Renewable Account- Your account will automatically renew at maturity. Each renewal term will be the same as the original term, beginning on the maturity date. Unless we tell you otherwise in writing, the interest rate will be the same we offer on new certificate of deposit accounts on the maturity date which have the same term, minimum balance (if any) and other features as the renewed certificate of deposit account. You will have a grace period of ten calendar day(s) after maturity to withdraw the funds without being charged an early withdrawal penalty. You may prevent renewal if you withdraw the funds in the account at maturity (or within the grace period, if any) or we receive written or telephone notice from you before maturity of your intention not to renew. 

Final Maturity- If your account is not renewed, the funds in your account will be placed in a non interest-bearing account. 

Daily Balancing Computation Method- Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. 

Accrual of Interest of Non-Cash Deposits- Interest will begin to accrue on the business day you deposit non-cash items (for example, checks) into your account. 

Minimum Balance to Open- The minimum balance to open this account is $500.00 

Minimum Balance to obtain the disclosed annual percentage yield- You must maintain a minimum daily balance of $500.00 in your account each day to obtain the disclosed annual percentage yield. 

Deposit Limitations- After the account is opened, you may make no deposits. 

Withdrawal Limitations- You may not make withdrawals of principal from your account before maturity. You cannot withdraw interest from your account before maturity. 


60 Month CD  

Compounding Frequency- Interest will be compounded monthly. 

Crediting Frequency- Interest will be credited into this account at maturity. 

Time requirements- This account matures 60 month(s) after account opening. 

Early Withdrawals- The penalty we may impose will equal 90 day’s interest on the amount withdrawn plus the amount of interest earned on the amount withdrawn in access of the amount of interest that would have been earned at the regular savings account rate. FOR VARIABLE RATE ACCOUNTS THE RATE WE WILL USE TO CALCULATE THIS PENALTY WILL BE THE RATE IN EFFECT AT THE TIME OF WITHDRAWAL. 

Automatically Renewable Account- Your account will automatically renew at maturity. Each renewal term will be the same as the original term, beginning on the maturity date. Unless we tell you otherwise in writing, the interest rate will be the same we offer on new certificate of deposit accounts on the maturity date which have the same term, minimum balance (if any) and other features as the renewed certificate of deposit account. You will have a grace period of ten calendar day(s) after maturity to withdraw the funds without being charged an early withdrawal penalty. You may prevent renewal if you withdraw the funds in the account at maturity (or within the grace period, if any) or we receive written or telephone notice from you before maturity of your intention not to renew. 

Final Maturity- If your account is not renewed, the funds in your account will be placed in a non interest-bearing account. 

Daily Balancing Computation Method- Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. 

Accrual of Interest of Non-Cash Deposits- Interest will begin to accrue on the business day you deposit non-cash items (for example, checks) into your account. 

Minimum Balance to Open- The minimum balance to open this account is $500.00 

Minimum Balance to obtain the disclosed annual percentage yield- You must maintain a minimum daily balance of $500.00 in your account each day to obtain the disclosed annual percentage yield. 

Deposit Limitations- After the account is opened, you may not make any deposits. 

Withdrawal Limitations- You may not make withdrawals of principal from your account before maturity. You cannot withdraw interest from your account before maturity. 


 IRA (3 YEAR FIXED)  

Compounding Frequency- Interest will be compounded monthly. 

Crediting Frequency- Interest will be credited into this account at maturity. 

Time requirements- This account matures 3 year after account opening. 

Early Withdrawals- Forfeit 30 days interest at the daily accrual rate for a term of one year or less and 90 days interest for a term over one year. The penalty can exceed the interest accrued. 

Automatically Renewable Account- Your account will automatically renew at maturity. Each renewal term will be the same as the original term, beginning on the maturity date. Unless we tell you otherwise in writing, the interest rate will be the same we offer on new certificate of deposit accounts on the maturity date which have the same term, minimum balance (if any) and other features as the renewed certificate of deposit account. You will have a grace period of ten calendar day(s) after maturity to withdraw the funds without being charged an early withdrawal penalty. You may prevent renewal if you withdraw the funds in the account at maturity (or within the grace period, if any) or we receive written or telephone notice from you before maturity of your intention not to renew. 

Final Maturity- If your account is not renewed, the funds in your account will be placed in an interest-bearing account. 

Daily Balancing Computation Method- Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. 

Accrual of Interest of Non-Cash Deposits- Interest will begin to accrue on the business day you deposit non-cash items (for example, checks) into your account. 

Minimum Balance to Open- The minimum balance to open this account is $100.00 

Minimum Balance to obtain the disclosed annual percentage yield- You must maintain a minimum daily balance of $100.00 in your account each day to obtain the disclosed annual percentage yield. 

Deposit Limitations- You may make an unlimited number of deposits into your account. The minimum amount you can deposit is $100.00 

Effect on Maturity- The maturity date for this account will remain the same after additional deposits. 

Withdrawal Limitations- You may not make withdrawals of principal from your account before maturity. You cannot withdraw interest from your account before maturity.