Savings

Passbook Savings Account Rate Information: Your interest rate and annual percentage yield may change. Frequency of rate changes: We may change the interest rate on your account at any time. Determination of rate: At our discretion, we may change the interest rate on your account. Compounding and crediting frequency: Interest will be compounded daily. Interest will be credited to your account every quarter. Minimum balance to avoid imposition of fees: A flat-service fee of $1.00 will be imposed every statement cycle if the balance in the account falls below $10.00 any day of the cycle. Daily balance computation method: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate of the principal in the account each day. Accrual of interest on noncash deposits: Interest begins to accrue on the first business day after the banking day you deposit noncash items (for example, checks). Transaction limitations: Transfers from a Passbook Savings Account to another account or to third parties are limited to nine per quarter (and no more than six per month) by preauthorized automatic or telephone transfer with no transfers by check draft, debit card, or similar payment order to third parties. Fees: A debit item fee of $1.00 will be charged for each debit transaction (withdrawal, check paid, automatic transfer, or payment of of this account) in excess of six during a statement cycle.