DISCLOSURE OF ACCOUNT TERMS, FEES AND INTEREST RATES

RATE INFORMATION
The initial interest rate for your account is ________% with an Annual Percentage Yield (A.P.Y.) of ________%.  Your interest rate and A.P.Y. may change without notice on a quarterly basis at our discretion.  Your certificate will mature on _______________________.
Interest begins to accrue on the day your deposit for non-cash and cash items.
Interest for your account will be compounded and credited to your account quarterly on the last day of each quarter.
 
MINIMUM BALANCE REQUIREMENTS
You must deposit $50.00 to open this account.
You must maintain a minimum balance of $50.00 in your account at the time interest is credited to obtain the A.P.Y. 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 make deposits into the account at anytime.  Withdrawals without penalty may only be made at maturity (unless you have attained the age of 59 ½ years).
 
EARLY WITHDRAWAL PENALTY
If you withdraw any principal or interest before the maturity date (unless you have attained the age of 59 ½ years) a penalty equal to 12 months interest will be charged to your account.
 
RENEWAL POLICY
This account will be renewed automatically at maturity.  You have a grace period of nine (9) calendar days after the maturity date to withdraw funds without being charged a penalty.