14-Month CD

• RATE INFORMATION. The interest rate on your account is 4.00% with an annual percentage yield of 4.07%. You will be paid this interest rate until maturity.
• COMPOUNDING AND CREDITING. Interest will be compounded monthly and will be credited to the account monthly. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. If you close your account before interest is credited, you will not receive the accrued interest.
• MINIMUM BALANCE REQUIREMENTS. You must deposit $500.00 to open this account. You must maintain a minimum daily balance of $10.00 in the account each day to obtain the disclosed annual percentage yield. You will earn interest for every day during the period that your account equals or exceeds the minimum daily balance requirement.
• BALANCE COMPUTATION METHOD. We use the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day.
• ACCRUAL ON NONCASH DEPOSITS. Interest begins to accrue on the business day following the banking day you deposit non-cash items, (for example, checks).
• TRANSACTION LIMITATIONS. You may deposit anytime. You can only withdraw interest credited in the term before maturity of that term without penalty. You can withdraw interest anytime during the term of crediting after it is credited to your account.
• EARLY WITHDRAWAL PROVISIONS. We will impose a penalty if you withdraw any or all of the deposited funds before the maturity date. The fee imposed will equal 6 months of interest.
• RENEWAL POLICIES. Your account will automatically renew at maturity. You will have a grace period of 5 business days after the maturity date to withdraw the funds in the account without being charged an early withdrawal penalty. The renewal will be for 12 months. You may prevent renewal if you withdraw the funds in the account at maturity or we receive written notice from you (within the grace period). We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, your deposit will be placed in an interest-bearing account.
• ADDITIONAL INFORMATION REGARDING YOUR ACCOUNT. No interest will be paid for the period following maturity on any part of the deposit if withdrawn within 5 business days after maturity.
  
  

Truth in Savings
14-Month IRA special

• RATE INFORMATION. The interest rate on your account is 4.00% with an annual percentage yield of 4.07%. You will be paid this interest rate until maturity.
• COMPOUNDING AND CREDITING. Interest will be compounded monthly and will be credited to the account monthly. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. If you close your account before interest is credited, you will not receive the accrued interest.
• MINIMUM BALANCE REQUIREMENTS. You must deposit $500.00 to open this account. You must maintain a minimum daily balance of $10.00 in the account each day to obtain the disclosed annual percentage yield. You will earn interest for every day during the period that your account equals or exceeds the minimum daily balance requirement.
• BALANCE COMPUTATION METHOD. We use the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day.
• ACCRUAL ON NONCASH DEPOSITS. Interest begins to accrue on the business day following the banking day you deposit non-cash items, (for example, checks).
• TRANSACTION LIMITATIONS. You may deposit anytime. You can only withdraw interest credited in the term before maturity of that term without penalty. You can withdraw interest anytime during the term of crediting after it is credited to your account.
• INDIVIDUAL RETIREMENT ACCOUNT. Individual Retirement Accounts (IRAs) are subject to limitations and/or penalties imposed by the Internal Revenue Service. Please see your IRA Agreement or your tax advisor for additional information.
• EARLY WITHDRAWAL PROVISIONS. We will impose a penalty if you withdraw any or all of the deposited funds before the maturity date. The fee imposed will equal 6 months of interest.
• RENEWAL POLICIES. Your account will automatically renew at maturity. You will have a grace period of 5 business days after the maturity date to withdraw the funds in the account without being charged an early withdrawal penalty. The renewal will be for 12 months. You may prevent renewal if you withdraw the funds in the account at maturity or we receive written notice from you (within the grace period). We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, your deposit will be placed in an interest-bearing account.
• ADDITIONAL INFORMATION REGARDING YOUR ACCOUNT. No interest will be paid for the period following maturity on any part of the deposit if withdrawn within 5 business days after maturity.