Account Types:  Certificate of Deposit

Fixed Rate Information

• Call 979-732-2332 for current rates.

• You will be paid this rate until maturity.

Compounding and Crediting

• Interest will be compounded daily and will be credited to your account as directed.

• The annual percentage yield assumed interest will remain on deposit until maturity.

• A withdrawal will reduce earnings.

• If interest is credited to another account or paid to you by check, this may reduce earnings and may negate the effect of interest compounding.

• On accounts of less than $2,500.00, interest will be paid quarterly or annually, or at maturity, as you direct.

• On accounts of $2,500.00 or more, interest will be paid monthly, quarterly or annually or at maturity as you direct.

Minimum Balance Requirements

• You must deposit $500.00 to open this account.

• You must maintain a minimum daily balance of $500.00 in the account each day to obtain the disclosed annual percentage yield.

• You will earn interest for every day during the period that your account equals or exceeds the minimum daily balance requirement.

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 on Noncash Deposits

• Interest begins to accrue on the business day you receive credit for the deposit of noncash items (for example: checks).

Transaction Limitation

• You may make deposits into or withdrawals from your account until the maturity date.

• You may withdraw interest earned during the term without penalty, but if it is not withdrawn, it will be added to the principal for the renewed term.

Early Withdrawal Penalty

• If you withdraw any of the deposited funds before the maturity date, a penalty will be imposed.

• For certificates having a maturity of one year or less, the penalty will be 30 days interest.

• For certificates having a maturity over one year, the penalty will be 90 days interest.

• The penalty will be deducted after interest has been credited on the date of withdrawal.

Renewal Policies

• Your account will automatically renew at maturity.

• You will have a grace period of ten calendar days after the maturity to withdraw the funds in the account without being charged an early withdrawal penalty.

Current Rate Information

• The rate(s) and annual percentage yield(s) disclosed above were offered and accurate within the most recent seven calendar days.

• To obtain current rate and percentage yield information, please call 979-732-2332.