Disclosures

All personal savings accounts are handled in the following manner:

Interest is calculated on the daily collected balance method. This method applies a daily periodic rate to the outstanding collected balance in the account each day.
Interest begins to accrue on the business day noncash items (i.e. checks) are collected.
Your interest rate and annual percentage yield may change on your account at any time at our discretion.
You may make no more than six withdrawals and/or transfers, including preauthorized automatic, or telephone transfers, to another account of yours at the bank or to a third party per statement cycle. No more than three of these transfers may be made by check, draft, debit card or similar order that is payable to a third party.

All interest bearing personal checking accounts are handled in the following manner:

Interest is calculated on the daily collected balance method. This method applies a daily periodic rate to the outstanding collected balance in the account each day.
Interest begins to accrue on the business day noncash items (i.e. checks) are collected.
Your interest rate and annual percentage yield may change on your account at any time at our discretion.
Interest will be compounded and credited to your account every month.

All certificates of deposits, including IRAs, are handled in the following manner:

Interest is calculated on the daily collected balance method. This method applies a daily periodic rate to the full amount of principal in the account each day.
Interest begins to accrue on the business day you deposit noncash items (i.e. checks).
Interest withdrawn prior to maturity will reduce earnings.
Accrued interest will be credited to the balance of the CD if redeemed early.
A penalty against the principle balance of the CD will be imposed if redeemed prior to maturity. Amount of penalty will vary from 3-9 months of interest, depending on the term of the deposit. The penalty may invade principle. (Not applicable to Step-Up CD).

All business savings accounts are handled in the following manner:

Interest is calculated on the daily collected balance method. This method applies a daily periodic rate to the outstanding collected balance in the account each day.
Interest begins to accrue on the business day noncash items (i.e. checks) are collected.
Your interest rate and annual percentage yield may change on your account at any time at our discretion.
You may make no more than six withdrawals and/or transfers, including preauthorized automatic, or telephone transfers, to another account of your s at the bank or to a third party per statement cycle. No more than three of these transfers may be made by check, draft, debit card or similar order that is payable to a third party.

All interest bearing business checking accounts are handled in the following manner:

Interest is calculated on the daily collected balance method. This method applies a daily periodic rate to the outstanding collected balance in the account each day.
Interest begins to accrue on the business day noncash items (i.e. checks) are collected.
Your interest rate and annual percentage yield may change on your account at any time at our discretion.
Interest will be compounded and credited to your account every month.