TERMS. In this agreement ‘you,’ ‘your,’ and ‘yours’ mean Depositor individually (jointly and severally if more than one). ‘We,’ ‘our,’ ‘ours,’ and ‘us’ mean MONROE BANK. Unless the context clearly requires otherwise, a singular term includes the plural and vice versa, and a word of one gender includes the other. ‘Item’ is any check, draft, or order for the payment of money, oral or written, in electronic or other form. ‘Business day’ is any day we are open for carrying on substantially all of our banking business other than Saturday, Sunday, or Federal Reserve Bank holiday. ‘Such as’ means the terms that follow are merely examples and are not intended to limit the possibilities. ‘This agreement’ means this document and any of the following, periodically amended, that we give you: disclosures; such as Truth in Savings and electronic fund transfers; fee schedule(s); the signature card; and any agreement for banking services connected with this account.

BINDING AGREEMENT. You have read this agreement and understand it is binding between you and us for a deposit account (‘the account’).

MULTIPLE OWNERS. If there are multiple owners, each owner may do anything permitted with the account, such as: endorse items for deposit or collection, even if payable to another owner; pledge it as collateral for any obligation; move funds by check or other means; close it; authorize others to conduct transactions on it; and give instructions for transfers, stop payments, and all other matters relating to it. (No owner may cancel a stop payment entered by another owner.) Each owner appoints each other owner as attorney-in-fact to endorse and cash items. A notice sent to one owner is effective for all. You guarantee the signature of each owner. You will be responsible for any liability, such as an overdraft, a fee, or a refund to the government of a direct deposit, even though caused by another owner. Unless noted otherwise on the signature card, the account is owned jointly with right of survivorship and not as tenants in common. If one owner dies, we treat the survivor(s) as owner(s) of the full balance. If noted on the signature card that ownership is as tenants in common or without survivorship, we treat the survivor(s) and personal representative of the deceased as owners. Their shares will be equal unless we have agreed otherwise in writing. Only a married couple may own the account as tenants by the entirety, and only if noted on the signature card. If one spouse dies, we treat the survivor as sole owner. If the couple divorces, we treat them as owners jointly with right of survivorship. You will notify us immediately after you learn of the death or declaration of incompetence of any co-owner.

‘IN TRUST FOR’ TERMS. If the account is noted on the signature card as ‘ITF’ or ‘in trust for,’ you agree that at your death (or, if more than one owner, at the death of the last survivor) ownership passes to the designated beneficiary/beneficiaries. You have not given us notice of the existence nor terms of a legal and valid trust other than the ‘in trust for’ description on the signature card.

P.O.D. TERMS. If the account is noted on the signature card as ‘P.O.D.’ or ‘pay-on-death,’ you agree that at your death (or, if more than one owner, at the death of the last survivor) ownership passes to the designated pay-on-death beneficiary/beneficiaries. No beneficiary will have any rights until all owners have died. If an owner pledges the account as collateral for an obligation, the pledge prevails over any rights of any beneficiary. If more than one beneficiary is designated they shall share equally unless otherwise noted on the account. If a beneficiary predeceases the account owner, his or her interest shall immediately terminate and the percentage share of the surviving beneficiaries shall be increased on a pro rata basis.

UTMA ACCOUNTS. If the account is noted on the signature card as established under the Uniform Transfers to Minors Act (UTMA), you understand there can be only one custodian and one minor per account. No other parties are permitted. Your responsibility to us under this agreement will not be limited to the amount in the account.

ACCOUNT TYPE. The account type is noted on the signature card and Truth in Savings disclosure. If a demand account, it will not earn interest. If a savings or NOW account, we reserve the right to require seven days’ written notice before any withdrawal. If a negotiable order of withdrawal (NOW) account is owned by any entity not allowed by federal regulations to have such an account, we will convert the account into a checking or savings account. If it is a savings or money market account, you may make no more than six preauthorized withdrawals per month or statement cycle; no more than three of which may be by check, draft, or other order payable to third parties. If a Holiday Club account, we will send you a check for the balance or we will deposit the balance into an account you have with us in October each year unless otherwise directed. We have given you disclosures explaining applicable transaction limits, fees, interest rates, and balance requirements. You agree that our fees and charges need not be based upon the cost of providing the service or administering the event to which the fee or charge is associated, but may be based on other considerations such as the expense of providing account services, generally similar charges of other financial institutions with which we compete, revenues to the bank, and the deterrence of abuse of an account.

SEVERABILITY. If the courts determine that any part of this agreement is illegal or unenforceable, you agree that the remainder will be enforced and the offending provision changed to make it enforceable.

LAW, JURISDICTION, AND VENUE. The laws of Indiana govern this agreement. The courts of that state have jurisdiction of any dispute in connection with this agreement. You agree that venue will be proper in the courts in the county and city of our office where you signed or delivered this agreement.

WAIVER OF JURY TRIAL. You waive your right to a jury trial in any dispute with us. Such disputes may be tried before a judge only.

WAIVER OF CLASS ACTIONS. You agree that the transactions of each depositor of this bank arises from a unique relationship between the bank and its depositor such that damages that may arise as a result of a violation or alleged violation of this agreement or the laws and regulations governing this agreement are not the same for all depositors and therefore not appropriate for class action treatment. YOU WAIVE YOUR RIGHT TO PARTICIPATE IN A CLASS ACTION AGAINST THIS BANK EITHER AS A MEMBER OF A PUTATIVE CLASS OR AS LEAD PLAINTIFF IN ANY DISPUTE AGAINST THE BANK.

ARBITRATION. You or we may require that any controversy or claim relating to this agreement, or breach of it, be resolved through arbitration administered by the American Arbitration Association under its commercial rules. Judgment on any award rendered by the arbitrator may be entered in any court having jurisdiction.

CHANGES. We may change any term of this agreement by giving you notice as required by law. If the law does not require a particular type or period of notice, we can post the change in our lobby or other public area for five days before it takes effect. If you use the account after the effective date of a change, that indicates your acceptance of the change.

ACCOUNT CLOSING. You or we may close the account at any time without cause. We may close it without notice to you if we reasonably believe it will prevent loss to us or you have violated this agreement. You will pay any fees and costs for closing the account, as well as any outstanding items. Our rights and your obligations survive any closing of the account or cancellation of this agreement. You will not claim we wrongfully dishonored items we return unpaid on or after the day the account was closed.

NOTICES. We can send you communication at the last address you gave us in writing. You will send us communication at our address in this agreement. The postmark or postage meter date, except where this agreement requires that something be ‘actually received,’ determines when communication occurred. You will notify us immediately of any change in your name, address, telephone number, or taxpayer identification number.

NO ASSIGNMENT. You understand that neither the account nor your rights under this agreement can be assigned without our written permission. Your successors and assigns are bound by this agreement. Any actual or purported assignment of the account remains subject to our right of setoff.

EXPENSES. You will pay any expenses we incur in good faith related to this agreement, such as fees on items sent for collection, foreign exchange charges, and unreimbursed research and copying fees when someone requires records about our relationship, and attorneys’ fees we incur in good faith because of concerns about the account, whether or not litigation has begun, including such fees through trial and all appeals, plus court costs. You also agree to pay any expense that we incur, including attorneys’ fees in responding to any subpoena, writ, government agency or judicial order, search warrant, or other order which we may be required to respond to regarding your account or your relationship with us.

INDEMNIFICATION. You will indemnify us against, and hold us harmless from, any and all losses, damages, costs, and attorney fees that we incur because of your failure to abide by any of the terms of this agreement.

NO WAIVER. Failure to insist on your strict performance of any obligation under this agreement will not create any duty on our part to continue to do so. You will not claim that we waived our right to insist on proper performance.

OUR RIGHTS. You agree that our rights under this agreement are cumulative, not exclusive. We may exercise any of them without giving up the right to exercise others.

RECORDING. You give us permission to record your communications with us. If you authorize someone to do business with us on your behalf, such as by power of attorney, you will be responsible for obtaining their permission to our recording their communications with us.

SETOFF. You grant us the right to apply the balance to payment of any debt that any owner of the account owes us, without notice including direct obligations, such as cashed items charged back, promissory notes and agreements (including this one), and indirect obligations, such as guarantees and endorsements. The right of setoff does not apply to this account if it is an IRA or other tax-deferred retirement account. You understand that we can pay items into overdraft, impose overdraft fees, and apply any later deposits (including direct deposits of Social Security or other government benefits) to those overdrafts or overdraft fees.

LEGAL PROCESS. If any owner or authorized signer is ever involved in a legal proceeding, such as divorce, garnishment, levy, or attachment, you will not hold us responsible for any damage you suffer from our actions in good faith reliance on any order or other legal process. Any garnishment, levy, or attachment is subject to our right of setoff. If a bankruptcy or similar proceeding is filed by or against any owner, we can place an administrative hold on part or all of the balance while we seek to have the automatic stay lifted.

NO ACTIVITY. You understand that if you do not generate any transactions for 1095 days, we may charge dormancy fees unless specifically forbidden by law. You understand that if the lack of activity continues for the period set by abandoned property law, we will pay the balance to the state.

AUTHORITY. You will not grant anyone authority to conduct business with us on your behalf until we have reviewed the terms of authorization and have given you written acceptance. This includes authority such as power of attorney, bill-paying arrangement, or other method. You will not claim that we wrongfully dishonored items presented to us before we accepted the authorization. If you have not given us the proposed authorization for advance review, we may, in good faith, honor items and instructions from the person you authorized. You will not hold us responsible if someone you authorized to do business with us misapplies your money. You assume all risk of improper acts by such person. We can consider an authorization valid until we actually receive written revocation of it and have had reasonable time to review and act upon it. If we accept an authority, we may revoke our acceptance of that authority at any time at our discretion.

TELEMARKETERS. Telemarketers and others trying to sell you goods or services may ask for information about your account, such as your account number, next unused check number, or our routing number. If you give any of that information to such a person, organization, or business, you agree that we may treat any debit to your account initiated by that entity as having been authorized by you.

CHECKS. You will not write a postdated check without giving us written notice, describing the check with reasonable certainty, at least five business days before you write the check. If you do not give us notice, we can pay the check when it reaches us, regardless of the date. You will use only approved checks and deposit slips. You will not attempt to create a ‘substitute check’ for deposit into the account without obtaining our express written consent in advance. You will not write a check using ink of a color or type that is not legible when imaged or copied. You will not deposit any check that was written in such ink, or that has any other features that would prevent it from being imaged or copied clearly and completely. You will verify your name, address, telephone number, and the numbers in the magnetic ink character line across the bottom of the face of each document in each order of checks and deposit slips. If there is an error, you will not use the affected documents, but will notify us and the printer immediately. You will not hold us responsible for any amount beyond the replacement cost of the order (provided the checks were ordered through us). If we safekeep your cancelled checks and other items, we can destroy the originals and keep electronic or other images after a reasonable time has elapsed. We can destroy the images after a further reasonable time. Our sending you your statement or making it available will be the same for all purposes as though we had included the cancelled checks and other items with the statement.

EXAMINATION OF ITEMS. You do not require us to comply with any restrictive legend on any item, such as, ‘void if not cashed within 90 days,’ ‘payment in full,’ or any other marking that is not one of the following: drawee bank name and location, payee name, endorser name, drawer signature, and the magnetic ink characters across the bottom front of the item. You will not hold us responsible for any item’s late return caused by an endorsement stamp or other marking outside the area allowed for it by law. You will not claim that we failed to exercise ordinary care because our procedures do not require sight examination of each item with an amount below a figure we set periodically.

SIGNATURES TO COME. If you have asked us to create the account for multiple owners or authorized signers, we can limit use of the account until all have signed.

LAWS, REGULATIONS. We are subject to extremely detailed laws and regulations. You will not hold us liable for anything we do or decline to do based on a good faith belief that it is required by law or regulation. Some laws allow parties to ‘contract out’ of the law’s provisions and establish their own rules. You intend this agreement to do that whenever a term of this agreement conflicts with such a law. You will abide by the rules of any clearinghouse or automated clearinghouse that handles any part of a transaction.

LIABILITY LIMIT. You will not hold us responsible for loss caused by an event beyond our control, such as war, terrorism, riot, labor trouble, natural disaster, computer problem, loss of electric power, communications, or transport. If we do not process a transaction in accordance with the terms of this agreement, our maximum liability shall be the amount of the transaction. In no circumstances will we be responsible for consequential damages for any action that we take or fail to take in regard to the account.

DEPOSITED ITEMS. You understand all deposits are subject to verification and correction. We can accept an item for deposit or collection only, refuse it, or return it. In receiving items, we are acting only as your agent. We have no responsibility beyond ordinary care. You will not hold us responsible for default or negligence of our correspondents or loss of items in transit. Each correspondent we use will be liable only for its own negligence. If we give you credit for an item, we can revoke it if the item is not paid. Items deposited by mail will not be considered received by us until we actually receive them. You will not hold us responsible for loss of any item until we have received it under this standard. If an item requiring endorsement is deposited without it, you authorize but do not require us to supply it. You will reimburse us for loss or expense we incur because of any missing endorsement, whether yours or another’s, on a deposited item. We do not have to notify you of any nonrecurring ACH credits or wire transfers to the account.

FOREIGN ITEMS. If an item that is payable at a foreign bank or in a foreign currency is deposited, you will be responsible for all collection charges and exchange rate risk on it. You understand that we will not credit that kind of deposit until receiving the proceeds in United States currency.

RETURNED ITEMS. We can charge for the amount of any deposited item that is returned unpaid. We can reprocess the item, but you do not require it. We can process a copy, electronic entry, or other evidence of the returned item. You waive presentment, notice of dishonor, and protest.

‘STALE’ ITEMS. We can pay an item presented to us more than six months after the date on the item, but you do not require it. If you do not want us to pay such an item, you must place a stop payment on it.

STOP PAYMENTS. If you want us to stop payment on a check, you will tell us the check number, date, payee name, and exact amount. You understand that if either the check number or the amount is not exact, our check processing equipment may not catch the check in time; you will not hold us responsible. If you telephone your stop payment, you will confirm it in writing on our form within 14 days. We will have a reasonable time to act on any stop payment. You understand that a stop payment expires in six months. You must place a new stop payment if you do not want us to pay the check after the previous one expires.

BANK STATEMENTS. You are responsible for promptly examining each check or photocopy and reconciling each statement that we send to you or otherwise make available to you. You must notify us immediately of any problem, such as forgery, unauthorized endorsement or debit, or alteration, that you find. If you do not notify us within a reasonable time from the date which we send or make available to you the earliest statement from which you found, or should have found, any such problems, you will be responsible for any loss that your notifying us could have prevented.

OVERDRAFTS. The decision not to pay an overdraft is discretionary and we reserve the right not to pay. We may refuse to pay an overdraft item at any time, regardless of whether we have approved payment of previous overdrafts. Additionally, any payment of overdraft items does not obligate us to pay any additional non-sufficient funds items. You will be notified by mail of overdraft items paid; however, we have no obligation to notify you before we pay such items.

CREDIT REPORTS. You authorize us to obtain reports about you periodically from organizations such as consumer reporting agencies, check reporting services, and other credit reporting entities, and to provide them information.

INCOMPLETE ITEMS. If an authorized signer signs a check or authorizes any item that is not completed, you will not hold us responsible for paying it as completed by anyone unless we actually know it was completed in an unauthorized way.

DISPUTED AUTHORITY. If anyone claims ownership over funds, and we have a good faith doubt about whether to recognize the claim, we can hold some or all of the balance until the claim is resolved. We can pay some or all of the balance into court in an interpleader or other action to determine ownership. You will not claim that we wrongfully dishonored items that were presented to us while such a dispute was pending.

OTHER SERVICES. If you want services from us that are not covered by this agreement, you will sign an agreement with us for those services.

CASHING YOUR CHECKS. Before we allow a person to cash an item, we can require identification, such as a driver’s license or passport. We can secure further identification by methods such as photography, fingerprinting, and other biometric or technological means. If the person does not provide or permit such identification, we can decline to cash the item and you will not claim that we wrongfully dishonored it.

ORDER OF PAYMENT. While we may pay items in any order we choose, we will generally pay checks on your account first. Then we will pay electronic debits (ACH items), followed by ATM and Debit card transactions. To the extent possible, checks pay in check number order. All other items pay in small to large payment order.

SIGNATURES. You authorize us to store and use signature card Information in any reasonable form we deem necessary, including any digitized signature capture process. If you use a facsimile signature or other form of signature, you agree you shall have the sole responsibility for maintaining security of the facsimile signature or device by which it is affixed and you shall bear the entire risk for unauthorized use thereof whether or not you are negligent. You agree that no facsimile signature we have been authorized to honor may be considered a forgery or an unauthorized signature, but that such facsimile signature shall be effective as your signature or endorsement whether or not you have been negligent. You further agree to indemnify and hold us harmless from and against any and all loss, costs, damage, liability, or exposure (including reasonable attorney's fees) we or you may suffer or incur as a result of the unlawful use, unauthorized use, or misuse by any person of any such facsimile signature or the device by which it is affixed. If you use any form of facsimile signature device, you agree to deliver a sample to us if we request it.

PREAUTHORIZED DRAFTS. Customer authorizes Bank to honor any items bearing customer's account number if customer has disclosed that account number to the payee or any representative, affiliate, or party associated with the payee, whether or not the item is signed by the customer. Customer further agrees that Bank may presume that authorization was obtained by the issuer of the item. For example, if customer voluntarily gives information about their account (such as the routing number and account number) to a party who is seeking to sell customer goods or services, and customer does not physically deliver a check to the party, any debit to the account initiated by the party to whom you gave the information is deemed authorized.

MASTER DEPOSIT ACCOUNTS. If your account is a checking account, it is a master deposit account which will consist of two subaccounts: a transaction account and a nontransaction account. The maintenance of the two subaccounts and the transfer between them as described below is for the purpose of improving our efficiency and will have no effect on your account or your ability to use it. The amount of interest you earn (if your account is interest-bearing), the amount of charges you incur (if any), and your monthly checking statement will not be affected. We will maintain separate information on each subaccount for regulatory purposes, but information reported to you will be consolidated. At the beginning of each month we will allocate the balance in your account between the two subaccounts based on an allocation formula which we may change from time to time. All checks, withdrawals, debits and other charges against your account will be presented against the funds in your transaction account. If additional funds are needed to cover your transactions, we will automatically transfer, without charge, available funds in your nontransaction subaccount to your transaction account. If excess funds accumulate in the transaction account, we may automatically transfer funds to the nontransaction subaccount. Federal regulations limit preauthorized transfers from your nontransaction account to six during a monthly statement period. Upon the sixth transfer from the nontransaction account to the transaction account during a monthly statement period, the entire balance in the nontransaction account will be transferred to the transaction subaccount for the remainder of the statement period. At all times, the combined collected balance in the two subaccounts will be available to pay items presented for payment.

ACH AND WIRE TRANSFERS. This agreement is subject to Article 4A of the Uniform Commercial Code – Fund Transfers as adopted in the state of Indiana. If you originate a fund transfer for which Fedwire is used, and you identify by name and number a beneficiary financial institution, an intermediary financial institution or a beneficiary, we and every receiving or beneficiary financial institution may rely on the identifying number to make payment. We may rely on the number even if it identifies a financial institution, person or account other than the one named. (We) may accept on your behalf payments to your account which have been transmitted through one or more Automated Clearing House (ACH) and which are not subject to the Electronic Funds Transfer Act, and your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the State of Indiana as provided by the operating rules of the National Automated Clearing House Association, which are applicable to ACH transactions involving your account. You agree to be bound by those ACH rules and all time frames pertaining to those rules. These rules provide, among other things, that credit given by us to you with respect to an automated clearing house credit entry is provisional until we receive final settlement for such entry through a Federal Reserve Bank. If we do not receive final settlement, you are hereby notified and agree that we are entitled to a refund of the amount credited to your Account in connection with such entry, and the party (the originator of the entry) making payment to you via such entry shall not be deemed to have paid you the amount of such entry. Under the operating rules of the National Automated Clearing House Association, which are applicable to ACH transactions involving your account, we are not required to give next day notice to you of receipt of an ACH item and we will not do so. However, we will continue to notify you of the receipt of payments in the periodic statements we provide to you.

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Thank you for being a Monroe Bank Debit Card user. The terms “Debit Card” and “Check Card” may be used interchangeably throughout this document. The cards permit you to conduct banking transactions at any automated teller machine (ATM) displaying the STAR or Cirrus marks, or at any Point-Of-Sale (POS) location accepting STAR or Visa Debit Cards. This agreement explains how you can use your Debit Card and it sets forth your rights and responsibilities. You will be bound by this agreement by your first use of your Debit Card after you receive this agreement.

1. This card and secret code number are the property of Monroe Bank. The Debit Card shall remain our property and shall be surrendered immediately to us upon our request. You cannot transfer your Debit Card to another person and we may cancel and retrieve your Debit Card at any time without notice to you.

2. For your protection you should guard the secrecy of your secret code.

3. One checking account per card must be designated as your funding account. This account will be debited by fast cash withdrawals at ATM’s and for purchases at POS terminals. If you would like to have access to more than one checking or savings account which you have with us, you must request each additional checking or savings account which you desire to access at the ATM.

4. During the hours that the ATM is accessible to the cardholder you can use your Debit Card subject to the rules, regulations and fees of the signature cards for the accounts to which this card and secret code number grants access. We will refuse to complete your ATM/POS transactions if your Debit Card is damaged or has been cancelled. We may also limit or refuse to complete your ATM/POS transactions when we have to for security reasons.

5. Final credit of all deposits and payments made by you at a STAR ATM are subject to our verification of the actual amounts deposited and paid, regardless of the figure shown on the receipt you receive at the STAR ATM.

6. If you use your card to access an account that is no longer available or lacks sufficient funds to complete the transaction, the Bank may, at its sole discretion, charge or credit the transaction to another account.

7. We have the right to refuse a transaction on your account when your card has been reported lost or stolen or when we reasonably believe there is unusual activity on your account.

8. You cannot use your card for a transaction that would exceed your account balance. We will not be required to complete any such transaction or any transaction that would exceed the daily authorization limit attached to the card, but if it does, you agree to pay the bank the amount of the improper withdrawal or transfer upon request.

9. Never allow anyone to use, borrow or obtain your Debit Card and secret code. By giving your Debit Card and code to another person, you may take responsibility for all transactions made by that person or by anyone else to whom that person gives the Debit Card and secret code until you notify us to cancel your card and issue a new card.

10. You can terminate this agreement at any time by notifying us in writing and no longer using your card or secret code at any ATM/POS machine. We can also terminate this agreement at any time. Whether you terminate the agreement or we do, the termination will not affect your obligations under this agreement, even if we allow any transaction to be completed with your card and secret code after this agreement has been terminated.

11. We may amend all terms and conditions at any time, but will give you notice in writing 21 days before the amendment becomes effective if the amendment will result in increased charges or liability to you or stricter limitations on the transfers you make. Such notice may be mailed to you at the last address of record on our files. If, however, an immediate change in terms and conditions is necessary for security reasons, we may amend these terms and conditions without prior notice. We reserve the right to levy service fees in accordance with fee schedules adopted by the bank from time to time. If other terms and conditions set by us are in conflict with this disclosure, this consumer disclosure will prevail.

12. Any questions under this agreement will be decided by Indiana law. If any term of this agreement cannot legally be enforced, this agreement is to be considered changed to the extent necessary to comply with the law.

13. You may use your Monroe Bank Debit Card instead of a check to purchase goods or services at any merchant who has agreed to accept the Monroe Bank Debit Card.

14. We may limit the amount of your daily purchases to your checking account balance or to an amount which we disclose to you (a daily debit limit), whichever is less. You agree that we may hold funds representing purchases authorized until posted to your checking account.

15. You may not place a stop payment on any purchase transaction conducted with your Debit Card.

16. Nothing in this agreement shall be deemed to annul, limit, or in any way modify the terms of any other relationship you may now or hereafter have with us.

17. You authorize us to obtain any information deemed necessary to process an application for a Debit Card.

18. If you have a problem with the quality of goods or services purchased with your Debit Card at a Visa merchant, you agree to settle your dispute with the merchant who honored the card.

FOR BUSINESS ACCOUNTS ONLY:

1. You agree to assist the Bank in the investigation and prosecution of claims for unauthorized transactions by completing the appropriate statements and reports reasonably requested by the Bank.

2. You agree to notify the Bank promptly in writing of any user of a card who is no longer employed by you or authorized to conduct business on your behalf.

3. You agree you will be responsible for all authorized and unauthorized transactions made through the use of your card.

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver license or other identifying documents.

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YOUR ABILITY TO WITHDRAW FUNDS. Our policy is to make funds from your cash and check deposits available to you on the first business day after the day we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once they are available, you can withdraw the funds in cash and we will use the funds to pay checks that you have written.

For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. If you make a deposit before 5:00 PM on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit after 5:00 PM or on a day we are not open, we will consider that the deposit was made on the next business day we are open.

LONGER DELAYS MAY APPLY. In some cases, we will not make all of the funds that you deposit by check available to you on the first business day after the day of your deposit. Depending on the type of check that you deposit, funds may not be available until the fifth business day after the day of your deposit. The first $100 of your deposits, however, may be available on the first business day.

If we are not going to make all of the funds from your deposit available on the first business day, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made directly to one of our employees, or if we decide to take this action after you have left the premises, we will mail you the notice by the day after we receive your deposit.

If you will need the funds from a deposit right away, you should ask us when the funds will be available.

In addition, funds you deposit by check may be delayed for a longer period under the following circumstances:

• We believe a check you deposit will not be paid.

• You deposit checks totaling more than $5,000 on any one day.

• You redeposit a check that has been returned unpaid.

• You have overdrawn your account repeatedly in the last six months.

• There is an emergency, such as failure of computer or communications equipment.

We will notify you if we delay your ability to withdraw funds for any of these reasons, and we will tell you when the funds will be available. They will generally be available no later than the seventh business day after the day of your deposit.

SPECIAL RULES FOR NEW ACCOUNTS. If you are a new customer, the following special rules will apply during the first 30 days your account is open.

Funds from electronic direct deposits to your account will be available on the day we receive the deposit. Funds from deposits of cash, wire transfers, and the first $5,000 of a day’s total deposits of cashier’s, certified, teller’s, traveler’s, and federal, state and local government checks will be available on the first business day after the day of your deposit if the deposit meets certain conditions. For example, the checks must be payable to you (and you may have to use a special deposit slip). The excess over $5,000 will be available on the seventh business day after the day of your deposit. If your deposit of these checks (other than a U.S. Treasury check) is not made in person to one of our employees, the first $5,000 will not be available until the second business day after the day of your deposit.

Funds from all other check deposits will be available on the seventh business day after the day of your deposit.

HOLDS ON OTHER FUNDS (CHECK CASHING). If we cash a check for you that is drawn on another bank, we may withhold the availability of a corresponding amount of funds that are already in your account. Those funds will be available at the time funds from the check we cashed would have been available if you had deposited it.

HOLDS ON OTHER FUNDS (OTHER ACCOUNT). If we accept for deposit a check that is drawn on another bank, we may make funds from the deposit available for withdrawal immediately but delay your availability to withdraw a corresponding amount of funds that you have on deposit in another account with us. The funds in the other account would then not be available for withdrawal until the time periods that are described elsewhere in this disclosure for the type of check that you deposited.

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CONSUMER’S LIABILITY. You will tell us AT ONCE if you believe your card or code has been lost or stolen, or if you believe that an electronic fund transfer has been made without your permission using information from your check. Telephoning us is the best way of keeping your possible losses down. You could lose all the money in your account (plus your maximum overdraft line of credit). If you tell us within 2 business days after you learn of the loss or theft of your card or code, you can lose no more than $50 if someone used your card or code without your permission.

If you do NOT tell us within two business days after you learn of the loss or theft of your card or code and we can prove we could have stopped someone from using your card or code without your permission if you had told us, you could lose as much as $500.00.

Limitation of Liability for Unauthorized VISA Point of Sale Transactions. Tell us AT ONCE if you believe your Monroe Bank Check Card has been lost or stolen or of any unauthorized transactions. Your liability for unauthorized Monroe Bank Check Card transactions that take place on the VISA system is zero dollars ($0.00). We may require you to provide a written statement regarding claims of unauthorized Monroe Bank Check Card transactions. With respect to unauthorized transactions, these limits may be exceeded to the extent allowed under applicable law (see CONSUMER'S LIABILITY paragraph) only if we determine that you were grossly negligent or fraudulent in the handling of your account or Monroe Bank Check Card.

Also, if your statement shows transfers that you did not make, including those made by card, code or other means, you will tell us at once. If you do not tell us within 60 days after the statement was mailed to you, you may not get back any money that you lost after the 60 days if we can prove that we could have stopped someone from taking the money if you had told us in time.

If a good reason (such as a long trip or a hospital stay) kept you from telling us, we will extend the time periods.

CONTACT IN EVENT OF UNAUTHORIZED TRANSFER. If you believe your card or code has been lost or stolen or that someone has transferred or may transfer money from your account without your permission, you will call (812) 336-0201, (800) 319-2664, or write MONROE BANK, P.O. Box 2329, Bloomington, IN 47402.

You should also call the number or write to the address listed above if you believe a transfer has been made using the information from your check without your permission.

BUSINESS DAYS. For purposes of these disclosures, our business days are Monday, Tuesday, Wednesday, Thursday, and Friday. Holidays are included.

TYPES OF TRANSFERS. You may authorize certain direct deposits to your checking or savings account. You may authorize certain bills and other payments to be deducted from your checking or savings accounts. A merchant may convert your check in payment for merchandise or services into an electronic funds transfer from your account.

You may use your card or code to:

• Make deposits to your checking and savings accounts.
• Pay for purchases at places that have agreed to accept the card or code.
• Transfer funds between your checking and savings accounts.
• Withdraw cash from your checking and savings accounts.

Some of these services may not be available at all terminals.

ELECTRONIC CHECK CONVERSION. You may authorize a merchant or other payee to make a one-time electronic payment from your checking account using information from your check to:

• pay for purchases.
• pay bills.

LIMITATIONS ON DOLLAR AMOUNTS OF TRANSFERS:

For security reasons, there are limits on the number of transfers you can make using a terminal, telephone bill payment service or point-of-sale transfer service.

• You can buy up to $2,500.00 worth of goods or services each day by using the card or code in a point-of-sale transfer service.
• You can withdraw up to $400.00 from a terminal using your card or code each day.

FEES:

• You will be charged a fee (see current fee schedule) for each transfer that you make using an automated teller machine not owned by us, or conducted through an “Alliance One” ATM located in the state of Indiana. You may also be charged a fee by the ATM operator for any network used and you may be charged a fee for a balance inquiry even if you do not complete a fund transfer.
• If you use your card in a foreign country and/or to make a purchase in a foreign currency, you may be charged a currency conversion fee for
each transaction amount.

CONFIDENTIALITY. We will disclose information to third parties about your account or the transfers you make:

• Where it is necessary for completing transfers, or
• In order to verify the existence and condition of your account for a third party such as a credit bureau or merchant, or
• In order to comply with government agency or court orders, or
• If you give us written permission.

DOCUMENTATION:

Terminal Transfers. You can get a receipt at the time you make any transfer to or from your account using one of our automated teller machines or point-of-sale terminals.

Preauthorized Credits. If you have arranged to have direct deposits made to your account at least once every 60 days from the same person or company you can call us at (812) 336-0201, (812) 337-7777, or (800) 319-2664 to find out whether the deposit has been made.

Periodic Statements. You will get a monthly account statement unless there are no electronic transfers in a particular month. In any case, you will get the statement at least semi-annually. You will not receive a periodic statement if your account is a passbook account. Present your passbook and we will record any electronic deposits to your account.

PREAUTHORIZED PAYMENTS:

Stop Payments. If you have told us in advance to make regular payments out of your account, you can stop any of these payments. Here is how: call us at (812) 336-0201, (800) 319-2664, or write us at MONROE BANK, P O Box 2329, Bloomington, IN 47402, in time for us to receive your request three business days or more before the payment is scheduled to be made. If you call, we can also require you to put your request in writing and get it to us within 14 days after your call. We will charge you $20.00 for each stop payment order you give

Notice of Varying Amounts. If these regular payments may vary in amount, the person you are going to pay will tell you, 10 days before each payment, when it will be made and how much it will be. (You may choose instead to get this notice only when the payment would differ by more than a certain amount from the previous payment, or when the amount would fall outside certain limits that you set.)

Liability for Failure to Stop Payment of Preauthorized Transfer. If you order us to stop one of these payments three business days or more before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages.

FINANCIAL INSTITUTION’S LIABILITY. If we do not complete a transfer to or from your account on time, or in the correct amount according to your agreement with us, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance:

• If, through no fault of ours, you do not have enough money in your account to make the transfer.
• If the transfer would go over the credit limit on your overdraft line.
• If the automated teller machine where you are making the transfer does not have enough cash.
• If the terminal or system was not working properly and you knew about the breakdown when you started the transfer.
• If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions that we have taken.
• If there are other exceptions stated in your agreement with us.

IN CASE OF ERRORS OR QUESTIONS ABOUT YOUR ELECTRONIC TRANSFERS. You will telephone us at (812) 336-0201, (800) 319-2664, or write us at MONROE BANK, P.O. Box 2329, Bloomington, IN 47402 as soon as you can, if you think your statement or receipt is wrong or if you need more information about a transfer listed on the statement or receipt. We must hear from you no later than 60 days after we sent the FIRST statement on which the problem or error appeared. You will:

• Tell us your name and account number (if any).
• Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe it is an error or why you need more information.
• Tell us the dollar amount of the suspected error.

If you tell us orally, we may require that you send us your complaint or question in writing within 10 business days. We will determine whether an error occurred within 10 business days (5 business days if VISAâ Check Card point-of-sale transaction, and 20 business days if new account) after we hear from you and will correct any error promptly. If we need more time, however, we may take up to 45 days (90 days if point-of-sale transaction, or new account, or a foreign initiated transfer) to investigate your complaint or question. If we decide to do this, we will credit your account within 10 business days (5 business days if VISAâ Check Card point-of-sale transaction, and 20 business days if new account) for the amount you think is in error, so that you will have the use of the money during the time it takes us to complete our investigation. If we ask you to put your complaint or question in writing and we do not receive it within 10 business days, we may not credit your account. For the purpose of this paragraph, an account is a new account for a period of 30 days from the date of the first deposit to the account.

We will tell you the results within three business days after completing our investigation. If we decide that there was no error, we will send you a written explanation. You may ask for copies of the documents that we used in our investigation.

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Monroe Bancorp recognizes and respects how important personal privacy is to you. Because of our interest in protecting your privacy, we continue to examine the practices of our banking divisions and companies within our corporation. Monroe Bancorp has adopted the following privacy policy, continuing in our commitment to provide quality service to you, our valued customer. Our companies recognize that our customers expect privacy in regards to information that they have entrusted to us. We maintain standards and procedures designed to protect customers from misuse of this information.

Our Security Procedures That Protect Customer Information
We protect your privacy by restricting access to personal and account information to those employees who need to know that information to provide products or services. Our employees are bound by a code of ethics requiring confidential treatment of customer information and are subject to disciplinary action if they fail to follow this code. The importance of confidentiality and customer privacy is addressed in our employee handbook and "Code of Conduct."

We also maintain physical, electronic and procedural safeguards that comply with federal standards to guard all customers' nonpublic personal information. We continually assess new technology for protecting information and upgrade our systems when appropriate.

What Information We Collect
Nonpublic personal information is information about you that we obtain in connection with providing a financial product or service to you. For example, nonpublic personal information may include such things as your account balance, credit and payment history, transaction records, income, assets, or other information we obtain in the normal course of business.

We may collect nonpublic personal information about our customers from several sources:

· Information the customer has provided on applications, other forms or through
· discussions with Bank personnel.
· Information about customer transactions with us, our affiliates or others; and
· Information we obtain from a consumer reporting agency (credit bureau).

We collect, use and retain information only where we reasonably believe it would be useful in administering our business, and providing products and services and other opportunities to our customers. We use information to protect and administer our customers' records, accounts, and funds; to comply with certain laws and regulations; to help design or improve our products and services; to understand the financial needs of our customers; and to provide quality products and outstanding service. We collect and retain information only for specific business purposes - and will tell you why we are collecting and retaining it upon your request.

Our Maintenance of Accurate Information.
We have implemented procedures to help assure that our customers' financial information is accurate, current, and complete in accordance with commercial standards. While some procedures are required by federal or state law, we also have procedures for responding to requests to correct inaccurate information in a timely manner, and to update information and remove information regarding the customer's relationship with our companies that they believe to be inaccurate.

What Information We Disclose
We may disclose or share the nonpublic personal information described above within the Bank and with current or future members of our Monroe Bancorp family (Affiliates). We may also disclose information to a third party providing any of the following conditions are met: (1) our customer has requested it; (2) the information is provided to help complete a transaction initiated by our customer; (3) the information is provided to a reputable credit bureau or similar information reporting agency; or (4) disclosure is permitted or required by state law, federal law or court order.

We may disclose all the information we collect, as described above, to companies that perform marketing services for us or to vendors or service companies that we hire to provide support or services for our products. We may also disclose this information to other financial institutions or financial service providers with whom we have joint marketing agreements, such as securities broker-dealers which are used to provide investment products and services or financial service companies that provide credit card services to our customers. All of these companies act on our behalf, are contractually obligated to keep the information that we provide to them confidential, and use the information only to provide the services we have asked them to perform for our customers and for us.

Monroe Bancorp's Pledge to You
The confidentiality of your nonpublic personal information will continue to be maintained consistent with this privacy notice even if you decide to close your account(s), your account becomes inactive, or when you otherwise cease to do business with us.

We believe that your privacy should never be compromised. At the same time, we want to offer you the array of financial products and services you need to accomplish your financial goals. We believe we can do both by adhering to the provisions of this privacy notice.

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SAFE DEPOSIT INFORMATION

Note: Safe Deposit Box Contents Are Not Subject To FDIC Insurance Coverage.

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Please review the following information and check the box on the online deposit account application to indicate you have read and accepted the consent to received disclosures electronically. This notice is being provided to you to inform you that you will receive important information and disclosures electronically. Read this notice carefully and keep a copy for your records.

HARWARE AND SOFTWARE REQUIREMENTS In order to receive information and disclosures in electronic format, you must have the following minimum computer hardware or software. For maximum security, we strongly recommend you use a browser that supports 128-bit encryption. The following browsers support 128-bit encryption and provide the best performance and browsing experience on our site.

Microsoft Internet Explorer™ 5.5 or higher If you are using the Windows 2000 operating system, you may also need to install an Internet Explorer High Encryption Package.

Netscape Navigator™ 6.0 or higher

Other browsers may be used, but optimal performance is not guaranteed. If you are unsure if your browser supports 128-bit encryption, please upgrade your browser, via one of the links above, before accessing the online banking site.

CONSENT TO RECEIVE ELECTRONIC DISCLOSURES In order to apply online for a deposit account you must consent to receive these disclosures electronically. You may also visit a Monroe Bank Banking Center in person to apply for a deposit account. The following disclosures will be provided electronically: Consumer Account Deposit Agreement and Disclosures, Debit Card Cardholder Agreement, Customer Identification Program Notice, Deposited Funds Availability, Truth in Savings, Electronic Fund Transfers, Privacy Policy and Schedule of Fees. Your consent to receive electronic disclosures only applies to these disclosures.

WITHDRAWING CONSENT Terminating this online session prior to completing your application will automatically withdraw your consent to receive these disclosures electronically. Withdrawing consent after applying will have no consequences on your account.

COPIES In order to keep copies of these disclosures for your records, you will need access to a printer or the ability to download information. To print, select the print function on your browser.
If you would like a paper copy of any information or disclosures that you agree to receive electronically, please contact us at (888) 611-3636. There is no charge to receive a paper copy.

UPDATING YOUR CONTACT INFORMATION To update your electronic or mailing address, contact Monroe Bank by telephone at (888) 611-3636.

CONSENT AND ACKNOWLEDGMENT. BY SUBMITTING YOUR APPLICATION ON THIS WEBSITE, YOU ACKNOWLEDGE THAT YOU CAN ACCESS AND RETAIN THE ELECTRONIC DOCUMENTS IN THE FORMAT DESCRIBED ABOVE. YOU MUST CONSENT TO RECEIVE RELATED LEGAL DISCLOSURES BEFORE WE CAN PROVIDE THEM TO YOU ELECTRONICALLY. YOUR CONSENT WILL ONLY APPLY TO THE ONLINE DEPOSIT APPLICATION FOR THE DEPOSIT ACCOUNT(S) YOU HAVE SELECTED, THE RELATED LEGAL DISCLOSURES, AND THE INSTRUCTIONS, AND YOU WILL NOT BE CONSENTING TO RECEIVING OTHER ELECTORNIC RECORDS OR DISCLOSURES AT THIS TIME.

PLEASE PRINT AND RETAIN A COPY OF THIS AGREEMENT FOR YOUR RECORDS.

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ACCOUNT TYPE: CHRISTMAS SAVINGS

RATE INFORMATION:
Single Variable Rate The interest rate on your account is 0.50% with an annual percentage yield of 0.50%. Your interest rate and annual percentage yield may change.
· Determination of Rate. At our discretion, we may change the interest rate on your account.

· Frequency of Rate Changes. We may change the interest rate on your account at any time.

COMPOUNDING FREQUENCY Interest will be compounded every 12 months.

CREDITING FREQUENCY Interest will be credited to your account every 12 months.

EFFECT OF CLOSING AN ACCOUNT If you close your account before interest is credited, you will receive the accrued interest. If you close your account within 90 days of opening you will be charged a $20.00 fee.

MINIMUM BALANCE REQUIREMENTS:
To Open The Account You must deposit $5.00 to open this account.

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 OF INTEREST ON NONCASH DEPOSITS Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

ACCOUNT FEES You will be charged a $3.00 fee for early withdrawals.

ACCOUNT TYPE: PINNACLE GREEN MONEY MARKET SAVINGS

RATE INFORMATION:
Tiered Rate: Variable Rate Based Upon Total Balance.

• Top Tier. If your daily balance is $ 100,000.00 or more, the interest rate paid on the entire balance in your account will be 1.05% with an annual percentage yield of 1.06%. Your interest rate and annual percentage yield may change. However, your interest rate will never fall below the Federal Reserve Fed Funds rate minus a margin of .75%.
  Determination of Rate. At our discretion, we may change the interest rate on your account.
• Bottom Tier. If your daily balance in your account is less than $ 100,000.00, the interest rate paid on the entire balance in your account will be 0.40% with an annual percentage yield of 0.40%. Your interest rate and annual percentage yield may change. However, your interest rate will never fall below the Federal Reserve Fed Funds rate minus a margin of 1.25%. Determination of Rate. At our discretion, we may change the interest rate on your account.

Frequency of Rate Changes We may change the interest rate on your account at any time.

COMPOUNDING FREQUENCY Interest will be compounded every month.

CREDITING FREQUENCY Interest will be credited to your account every month.

EFFECT OF CLOSING AN ACCOUNT If you close your account before interest is credited, you will receive the accrued interest. If you close your account within 90 days of opening you will be charged a $20.00 fee.

MINIMUM BALANCE REQUIREMENTS:
To Open The Account. You must deposit $50.00 to open this account.

To Avoid Imposition Of Fees.There are no monthly account maintenance fees and no minimum balance requirements.

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 OF INTEREST ON NONCASH DEPOSITS. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Excess Withdrawal Fee. You will be charged $2.00 per each debit transaction of any kind in excess of 10 per monthly statement cycle, including checks, drafts, withdrawals, debit card point-of-sale transactions, ATM withdrawals, ACH payments, and debit transfers, whether in-person, by phone or other electronic means.

ACCOUNT TYPE: STATEMENT SAVINGS

RATE INFORMATION:
Single Variable Rate. The interest rate on your account is 0.20% with an annual percentage yield of 0.20%. Your interest rate and annual percentage yield may change.

• Determination of Rate. At our discretion, we may change the interest rate on your account.
• Frequency of Rate Changes. We may change the interest rate on your account at any time.

COMPOUNDING FREQUENCY Interest will be compounded every 3 months.

CREDITING FREQUENCY Interest will be credited to your account every 3 months.

EFFECT OF CLOSING AN ACCOUNT If you close your account before interest is credited, you will receive the accrued interest. If you close your account within 90 days of opening you will be charged a $20.00 fee.

MINIMUM BALANCE REQUIREMENTS:
To Open The Account. You must deposit $50.00 to open this account.

To Avoid Imposition Of Fees. You will be charged a $1.00 maintenance fee per month if your daily balance falls below $300.00. This monthly service charge is waived for minors under the age of 18.

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 OF INTEREST ON NONCASH DEPOSITS Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

TRANSACTION LIMITATIONS You may make no more than six preauthorized withdrawals from your account per month or statement cycle, no more than three of which may be by check, draft, or other order payable to third parties.You may make no more than six preauthorized withdrawals from your account per month or statement cycle, no more than three of which may be by check, draft, or other order payable to third parties.

Excess Withdrawal Fee. You will be charged $.50 for each withdrawal in excess of two each month.

ACCOUNT TYPE: FREE CHECKING

EFFECT OF CLOSING AN ACCOUNT. If you close your account within 90 days of opening you will be charged a $20.00 fee.

MINIMUM BALANCE REQUIREMENTS:
To Open The Account. You must deposit $50.00 to open this account.

To Avoid Imposition Of Fees. There are no monthly account maintenance fees and no minimum balance requirements.

ACCOUNT TYPE: NOW

RATE INFORMATION:
Single Variable Rate. The interest rate on your account is 0.05% with an annual percentage yield of 0.05%. Your interest rate and annual percentage yield may change.

• Determination of Rate. At our discretion, we may change the interest rate on your account.
• Frequency of Rate Changes. We may change the interest rate on your account at any time.
  

COMPOUNDING FREQUENCY Interest will be compounded every month.

CREDITING FREQUENCY Interest will be credited to your account every month.

EFFECT OF CLOSING AN ACCOUNT If you close your account before interest is credited, you will receive the accrued interest. If you close your account within 90 days of opening you will be charged a $20.00 fee.

MINIMUM BALANCE REQUIREMENTS:
To Open The Account You must deposit $50.00 to open this account.

To Avoid Imposition Of Fees You will be charged an $8.00 maintenance fee per month if the daily balance in your account falls below $700.00.

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 OF INTEREST ON NONCASH DEPOSITS Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

ACCOUNT TYPE: SUCCESS CHECKING

RATE INFORMATION:
Tiered Rate: Variable Rate Based Upon Total Balance.

• Top Tier. If your daily balance is $ 250,000.00 or more, the interest rate paid on the entire balance in your account will be 0.40% with an annual percentage yield of 0.40%. Your interest rate and annual percentage yield may change.
  Determination of Rate. At our discretion, we may change the interest rate on your account.
• Intermediate Tier. If your daily balance is less than $ 250,000.00 and greater than or equal to $ 50,000.00, the interest rate on the entire balance in your account will be 0.30% with an annual percentage yield of 0.30%. Your interest rate and annual percentage yield may change.
  Determination of Rate. At our discretion, we may change the interest rate on your account.
• Bottom Tier. If your daily balance in your account is less than $ 50,000.00, the interest rate paid on the entire balance in your account will be 0.15% with an annual percentage yield of 0.15%. Your interest rate and annual percentage yield may change.
  Determination of Rate. At our discretion, we may change the interest rate on your account.

Frequency of Rate Changes. We may change the interest rate on your account at any time.

COMPOUNDING FREQUENCY Interest will be compounded every month.

CREDITING FREQUENCY Interest will be credited to your account every month.

EFFECT OF CLOSING AN ACCOUNT If you close your account before interest is credited, you will receive the accrued interest. If you close your account within 90 days of opening you will be charged a $20.00 fee.

MINIMUM BALANCE REQUIREMENTS:
To Open The Account. You must deposit $50.00 to open this account.

To Avoid Imposition Of Fees You will be charged a $15.00 fee per month if the daily balance in your account falls below $5,000.00.

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 OF INTEREST ON NONCASH DEPOSITS Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

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