CERTIFICATE OF DEPOSIT DISCLOSURE

RATE INFORMATION

The initial interest rate for your account is ___________% with an Annual Percentage Yield of ___________%.  You will be paid this rate until the maturity date of the certificate.  Your certificate will mature on __________________.  The Annual Percentage Yield assumes interest remains on deposit until maturity.  A withdrawal will reduce earnings.  Interest begins to accrue on the day you deposit. Interest for your account will be compounded to your account quarterly on the last day of each quarter, except for the 3 month CD which pays interest at maturity.

MINIMUM BALANCE REQUIREMENTS

You must deposit $500 to open this account. You must maintain a minimum balance of $500 in your account every day to obtain the Annual Percentage Yield listed above.

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.

TRANSACTION LIMITATIONS

After the account is opened, you may not make deposits into the account until the maturity date.

EARLY WITHDRAWAL PENALTY

If you withdraw any principal before the maturity date on a certificate of deposit, a penalty equal to one half of the term’s interest will be charged to your account. Changing the CD contract by removing an owner(s) may result in a penalty equal to one half of the term’s interest charged to the account.

RENEWAL POLICY

This account will be automatically renewed at maturity.  You have a grace period of nine (9) calendar days after the maturity date.  Terms can be changed or funds withdrawn without penalty during the calendar grace days.

UNCLAIMED FUNDS

In the event that an account remains inactive for a period of five years, the monies deposited in such account may become “Unclaimed Funds” as provided in Chapter #169 of the Ohio Revised Code.