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Your lime tleposit at the Bank is governed by the Terma of
<br />Bank) if you are a natural person, and is subject to all a
<br />f41 hergattei4 "You" and "your" mean tt~ deposit owners,lisl
<br />., ;evidence your tame deposit "Your state" means tfie~state'
<br />'s'e~
<br />1. MATURRY CONDITIONS. AUTOMATICALLY f7ENEWP
<br />renewed automatically for a period of time equal to the•initi
<br />rate will be that which is applicable to deposits maintafnec
<br />you by prior written notice. Interest earned during any prat
<br />early withdrawal during file renewal terms. SINGLE MATUF
<br />be earned or paid after maturity.
<br />ItMMS OF DEPOSIT
<br />)siC Your deposit t9 not
<br />and is not transferable (except on the books of the
<br />oral rules of the Bank, as they may be amended
<br />s the certificate or receipt issued by the Bank to ~.
<br />deposit i9 located. , .
<br />sswlhGrawn wittifri 10'days after the maturity date, your deposit will be
<br />sand"thereafter fdr additional successive like periods of time. The interest
<br />like. maturity and amount at the time of such renewal, or as disclosed to
<br />t not paid to you, becomes part of principal and is subject to a penalty for
<br />deposit will not automatically renew on the maturit dot
<br />. _ us _ Y e. No interest will
<br />2. INTEREST CALCULATION METHOD. The Bank uses the daffy balance method to calcuWte interest on your deposit. This method applies a daily
<br />periodic rate to the principal balance each day, Interest begins. to accrue on the business day you deposit cos~~ii. or.non-cash items. .The,
<br />percentage yield discosed on the face of the CD and4'rf~ applicable,. the CD maturity notice assumes interest will'remairt on deposd until maturity
<br />Interest for all personal CD's is cak;ulated"on a 365/36'6 day-base. -Some non-personal CD's may cak;ulate Interest on a 36Q,.day base. Itinterest is
<br />taken at maturity, on maturities of more than one year.:accrued intemst wiil be reported to the Internal Revenue Service each calendar year: Minimum
<br />pe~mittedf urWerOthe te~rmslo to open a firm; deposrt::Deposits and'withdrawals of principal are not permitted•excepf'at matudty-or~unless-spec'rficaly
<br />your deposrt._: The Bank may accePi funds for deposit when instructed by you yja telepfxute;, , + _ -
<br />3. THERE IS A PENALTY FOR EARLY WITHDRAWgL you nave agreed to keep-fulls on deposit fur the stag mat~4i t ,~ f the de sit exce "
<br />event of death or judicial determination bf k~gal atcompetence:of an owner. In all other cases, it the Bank ff.Y p PQ- P~n'the)',~ ,
<br />the folbwing penalties for early withdrawal apply: If funds are wthdrawn before a stated matunty of. 14 days up tprt~ n~of linelruding 32edays artt
<br />amount equal to the greater of (i) all imerest earned on the amount withdrawgor (ii) aliinterest that could havebeen earneGon'the=amount witndreWn.
<br />during a period equal to one-half the stated maturity period, is forfeited: If funds are withdrawn before a "stated maturity of 32°day5 up to, fiUt hot -
<br />including, one year, an amount equal to three months interesLis forfeited If funds are wdhdr wn before"a stated ~uritY;,of o
<br />p? year up to, bpt ' t._.
<br />including three years, an amount equal to six months interest is. forfeited; If funds are wRl7drawn before a sfateif ma rdy'of'tnree years-or`more; an
<br />amount equal to nine months interest is forfeited Intdiest foriElture may require=a reducfforvAm the^grincip~l ii ttie~ambunt ot'accrued"and unpaid -
<br />interest on the deposit is less than the penalty. ",
<br />4. If the laws of your state permit, upon your death )rour deposit will be paitl to the person or entity you designate to "pay on death" (or "POD")-on
<br />your CD. Joint deposits will be deemed joint with rights of survivorship. On the death of any joint owner, the deposit will be paid to the surviving
<br />joint owner(s). However, if your state requires additional or different. acts on your part to create a survivorship account,.then the deposit will not be-
<br />with rights of survivorship unless antl until you perform such acts. The Bank may act upon the instructrods of any joinf owner on-transactions irwolvi
<br />the deposit and may pay all or any part of the deposit to any of the joint owners upon request. If you establish a joint deposit without the signature
<br />- of the other joint owner(sl, you agree to hold the Bank harmless for its reliance upon your designation of the other joint owner(s) listed on ~~ '
<br />your CD:
<br />5. If the laws of your state permit "ir, trust for" (or "ITF") accounts and you act as trustee for a third person withput presenting formal trust documents,
<br />your deposit will be treated"as a Totten Trust or as otherwise required by the laws of your state. If two~or mare individualsare'designated as trustees--..
<br />or owners on a CD, then the Bank may, as between the trustees or owners, treat the deposit as a joint deposit with rights of survivorship and upon
<br />the death of an owner or trustee pay the deposit to the survivdrs(s).
<br />6. The Bank may use the deposit to pay off any debt, whether direct or indirect, you have with the Bank, If ~ ~ '
<br />a "Marital Account") and one or more joint owners are indebted to, the Bank in any manner, the Bank may~see, the 7@nt deposit ~to pay the debt. IF
<br />fhe laws of your state so require, the Bank will notif hyour deposit is a joint deposit (including
<br />prior notice to you or any joint owner You agree to rase and indemnify the Bafnk from all ablity for itsl aotions.ases, the Bank may set-off witt»ut
<br />7: No assignment of the deposit-will be valid, nor shall the"Bank be bound by such assignment until wdtten notice thereof has been given to and
<br />accepted by the Bank and a memorandum thereof entered upon its records. The Bank by noting such purported assignment, shall not be construed
<br />to have assumed any responsibility for the validity thereo}, '
<br />8. If the CD is not presented when making a withdrawal, the Bank mayrequire you to complete other documents, such as an irWemnity agreement,
<br />surety bond, etc. Unless prohibited by the laws of yourstate, all-expensesiricurred by the Bank as aresult'~of a
<br />ny„Jegal proceeding affecting your "
<br />deposit, including, but, rot limited.to..court.cosis 2ndattoreey'S ,tees. may be_c~arged a ainst ur de oslt or, billed to"yoii separatePy.
<br />g- ~ . P
<br />9. Wisconsin Marital Account. CDs The delio"sit is payable to yod durng the kfehme of 6ot~partias and unb{ tfjg'Bank{ecerve's~actual'nbtice m writing '
<br />- ~ of the tl'eai~ of dne of fhe parties. Of f}1~sugiy remainaig.on tleposlt upon fhe dE`ath'~of ne of -tF~i`e parhasT'af~ffalfpa`~`mgb{s andr'Gertifioatro s"a -~'+~ ~h,-~"
<br />50% to the ant to Wisconsin law, the Banal wjltpay u~og~r€g4esf rrot mpre.t~tan 50% 07 fhe stirps q{i tlepgsrt to {he:sE~jv{
<br />personal representative of the decedent s estate;gr POFJ benefiniary m accbniance"wrtb Wisconsrr~ IoW , ~ sp se ardffie ramema g^ -
<br />a yr r_ - ' f°~e hX x
<br />10. If you are a corporation, unincorporated"'assoadtiorr; ~kmrted9~abdi come ~ ~~ °~
<br />business has taken all action necessa too ~ p ~ 9h partnershib~-l business=) you rep~es~eY~it and ag2e~ that the
<br />the deposit are true, accurate, complryete, and wll be kepY~up fo ~pesifTttre7h~rik mayy adagpon+ahe~nstructio~ns oftth pperson'authoried nytbe
<br />resolutions on any transaction involving the depostt. If youare an pnfncorporated assbciatbn of jndivjduafs-and yiai¢ state fs',Texas; you agree that the.
<br />_ requirements of Ar}icle 342-707, Section 3A of the Texas Banking gods of 79.43" as amended,. are hereby waived ~It you are-;dpifgbusiness under
<br />an a name, you represem and agree that you have prbperly. tiled all assumed" name certificate`s, bE other documehts required 6y`ttier lawsiih~;
<br />r state. Your press t and re notil Y B nk In"advance of arty charge in your form df ownership,
<br />eas ands ma8e a~a~itPe dYti :fo::. _
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