Consumer Deposits Products Disclosure

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1 Private Banking Consumer Deposits Products Disclosure Table of Contents General Private Banking PMA Package PMA Private Banking Interest Checking PMA Money Market Checking 5 Private Banking Consumer Checking Accounts and Services Wells Fargo Private Banking Checking Wells Fargo Private Banking Interest Checking Wells Fargo Money Market Checking 7 Private Banking Consumer Savings Accounts Private Banking Market Rate Savings 8 The Private Bank Service Team Additional Private Banking Features Available Note: Some products may not be available in all states. This disclosure is intended for use together with the Consumer Account Agreement and Consumer Account Fee and Information Schedule.

2 General In this Consumer Deposit Product Disclosure booklet, you and your refer to the owner and, where applicable, each co-owner of a consumer deposit account, and the Bank refers to the Wells Fargo Bank at which your account is maintained. This disclosure is intended for use together with the Bank s companion brochures, Consumer Account Agreement and Consumer Account Fee and Information Schedule. Together, these terms and conditions form a binding contract and make up the entire agreement between you and the Bank regarding your deposit account. Together, the terms and conditions contained in the above-described documents are referred to as this Agreement. You agree to pay the Bank for its services in accordance with this brochure. Account-related services obtained through an affiliate bank are subject to the fees disclosed in its then current Fee and Information schedule. Fees and expenses described in this brochure may be deducted from your account and may, at the Bank s option, be charged against your account during a statement cycle other than the one to which they relate. If your account is closed, you will continue to be responsible for any fees that may have accrued, any Items deposited to or drawn against your account before or after it is closed, and any fees and expenses related to those Items. If the Bank incurs any costs or expenses enforcing this Agreement, you will pay those costs and expenses. Please note: This Agreement contains the terms of the dispute resolution program to be followed in the event of a dispute between you and the Bank. These terms are set forth in the Consumer Account Agreement in the section entitled Dispute Resolution Program: Arbitration Agreement. Please read them carefully. Under this program, at the request of you or the Bank, disputes must be resolved by an arbitration proceeding before a neutral arbitrator. If arbitration is requested, you do not have the right to a jury or court trial to resolve the dispute. It is never the Bank s intention to violate any applicable usury or interest rate laws. The Bank does not agree or intend to contract for, charge, take, reserve or receive (collectively charge or collect ), any amount in the nature of interest, a fee, penalty or other charge which would in any way or event (including demand, pre-payment or acceleration) cause the Bank to charge or collect more than the maximum the Bank would be permitted to charge or collect by applicable law. Any such excess interest or unauthorized fee will, not-withstanding anything stated to the contrary, be applied first to reduce the true indebtedness, if any, and any excess amounts will be refunded. The Bank reserves the right to convert or discontinue accounts or services without notice, or to make alternative arrangements. Unless otherwise indicated, charges for other accounts or services are not included as part of the monthly service fee for accounts. The Bank reserves the right to modify this brochure anytime for changes, additions, deletions, errors or omissions and assumes no liability for printing or typographical errors. There may be additional accounts and services the Bank offers that are not included in this brochure. Please contact the Bank if you need another type of account or service and the Bank will be happy to help you. Investment and Insurance Products: Are not insured by FDIC or any other federal government agency Are not deposits of or guaranteed by a Bank or Bank affiliate May lose value Consumer Deposits Products Disclosure

3 Wells Fargo Private Banking PMA Package Account Description Wells Fargo Private Banking PMA Package is a financial management solution that features a combined monthly statement, a primary checking account, a no annual fee Private Banking credit card*, and other free and discounted services. There are no minimum balance requirements. Private Banking PMA Package Accounts Description PMA Private Banking Interest Checking PMA Money Market Checking, An interest-bearing checking account that has no monthly service fee and requires no minimum balance Minimum Opening Deposit Not applicable Not applicable Monthly Service Fee None None Check Writing Yes Yes Check Fee None None Check Image Statements Platinum Check Card Monthly Card Fee Point-of-Sale (POS) Purchase Fee 4 Interest Premium 5 check images (front and back of checks) Classic 0 check images (front of checks only) Earned on entire daily collected balance Compounded daily, paid monthly Variable rate subject to change at Bank s discretion A non-fdic insured account offering money market fund yields 3 with unlimited check-writing convenience Premium 5 check images (front and back of checks) Classic 0 check images (front of checks only) Not applicable Dividends Not applicable Money Market; paid monthly Must be part of a Private Banking PMA Package. Non-FDIC Insured. 3 Each sweep of funds into the Money Market Fund constitutes a purchase of Money Market Fund shares, which are not FDIC-insured. Non-resident aliens, minors (persons who have not reached the age of majority) and pay-on-death (Totten) trusts may not be eligible for these accounts. You should not open a PMA Money Market Checking Account if you want an FDIC-insured deposit with the bank. 4 Retailers participating in online proprietary POS networks may charge a nominal fee for POS purchases and may provide cash back above the amount of purchase. Opening Requirements To establish a Wells Fargo Private Banking PMA Package, you must open a PMA Private Banking Interest Checking or PMA Money Market Checking account or convert an existing Wells Fargo checking account to a PMA Private Banking Interest Checking or PMA Money Market Checking account. Wells Fargo Private Banking PMA Statement Your PMA statement will be mailed to the address on your primary PMA checking account. The PMA statement cut-off date will be the last business day of the month. The statement will be mailed to you no later than the 7th business day from the end of the month. * Subject to credit qualification. Investment and Insurance Products: Are not insured by FDIC or any other federal government agency Are not deposits of or guaranteed by a Bank or Bank affiliate May lose value Consumer Deposits Products Disclosure

4 If you have an existing Wells Fargo checking account that is converted into a primary PMA checking account or as part of a PMA Package and your statement processing date is changed to month end, you will receive a final cutoff statement for your existing account showing all activity through the date of account conversion. This final statement will not include any check images. Once you have opened or converted your PMA Package, you need to determine: Which other Wells Fargo accounts you want to display on your PMA statement. Which kind of overdraft protection you may want, if any. Choosing Accounts to Display on Your PMA Statement You can select accounts solely owned by you or accounts that are jointly owned with another person to be linked to your PMA Package. Only the owners of the primary PMA checking account are entitled to the benefits offered within the PMA Package. If you have accounts linked to your PMA Package that include account owners who aren t on your primary PMA checking account, those account statements cannot be displayed in full detail within PMA Statement Options your PMA monthly statement. A separate detailed monthly statement will be produced for each of these accounts and delivered directly to the account owners. Your PMA statement will display detailed information for your primary checking account. You can choose to include the Wells Fargo accounts, shown in the table below, on your PMA statement or you can select to receive either detail-level or summary-level account information. If you choose detail-level information, you will no longer receive a separate account statement. When a non-private Banking Line of Credit is linked to the PMA Package, the first PMA statement following the linkage will include only summary line of credit information. Detailed information and the first non-private Banking Line of Credit bill will be included in the NEXT PMA statement. Changing Your PMA Package Once you have established a PMA Package, you may want to link a new account or delete an existing account from your PMA Package. You will need to notify Wells Fargo Bank over the phone or in writing regarding which account(s) you want to add or delete. It will take up to one statement cycle for the changes to take effect. You can choose to display detail-level or Accounts Eligible for FDIC Insurance summary-level information on the statement PMA Private Banking Interest Checking Detailed Only Additional checking products Savings All time accounts (CDs) Detailed Only Retirement Accounts (Savings and CDs) offered by Wells Fargo Bank Accounts Not Eligible For FDIC Insurance PMA Money Market Checking Money Market Checking Brokerage Accounts offered by Wells Fargo Advisors (WFA), LLC 3 Retirement brokerage accounts offered by Wells Fargo Advisors, LLC 3 Fixed Annuities 4 Variable Annuities 4 Investment Management and Trust Accounts, excluding Irrevocable Trusts 5 Foreign Exchange Products Detailed Only Credit Accounts Outstanding Balances 6 Loans Private Banking Lines of Credit Non-Private Banking Lines of Credit Mortgage loans offered by Wells Fargo Home Mortgage Credit card accounts 7 When only summary information is included on the PMA statement, you will continue to receive your regular detailed statement. If linked as the primary account, available in detailed only. 3 Brokerage services including WellsTrade available through Wells Fargo Advisors, LLC, member SIPC, a non-bank affiliate of Wells Fargo & Company. 4 Fixed Annuities are available through Wells Fargo Advisors, LLC or licensed affiliates (California license # ). 5 Note: irrevocable trusts are not eligible for linkage to your PMA Package. 6 All credit accounts are subject to credit qualification. 7 Issued by Wells Fargo Bank, N.A. Consumer Deposits Products Disclosure 3

5 Fee and Information Schedule Wells Fargo Private Banking PMA Package Service Fees There are no monthly service fees assessed with this account. Please refer to the Consumer Account Fee and Information Schedule for other fees that may apply. Additional PMA Package Benefits Private Banking PMA clients are eligible for the following: Bonus interest rates on select linked savings accounts and time accounts (CDs) Discount on Safe Deposit Boxes where available Free ATM statements from a Wells Fargo ATM 4 Waived monthly service fee on linked checking and savings accounts No annual fee on one select line of credit linked to a PMA Package. If you have multiple lines of credit linked to a PMA Package, you may request which line receives the fee waiver. Interest rate discounts on select new loans and lines of credit when monthly payments are deducted automatically from a Wells Fargo Private Banking Interest Checking account. Reimbursement of surcharges imposed by other financial institutions if you use a non-wells Fargo ATM 4 Free incoming wire transfers 4 5% discount on outgoing domestic wire transfers 4,5 Free stop payments 4 Exclusive interest rates on PMA Private Banking Interest Checking accounts, 4 No Wells Fargo access fees at any ATM 3, 4 Brokerage account benefits through Wells Fargo Advisors WellsTrade Brokerage Accounts: Lower online and automated telephone trading commissions when your Wells Fargo Advisors WellsTrade account is linked to your PMA Package: $6.95 per trade WellsTrade IRA and standard brokerage account fees waived when your WellsTrade account is linked to a PMA Package as of June 30 of each year Each trade will be treated as a separate transaction, except in the case of commissions for multiple trades in the same security executed on the same side of the market on the same day, which will be aggregated. Trades executed during market hours only. Discounted flat rate commissions as follows: $6.95 per trade. Unlimited $6.95 trades can be applied to commissions for online and automated telephone trading stocks (excluding Penny Stocks) and exchange-traded funds. WellsTrade IRA and standard brokerage annual account fees are waived regardless of PMA Package balances. Fee waivers based on having a Wells Fargo Advisors WellsTrade account linked to your PMA Package as of June 30 of each year. If the PMA Package relationship is terminated, the commission discount for trades will discontinue and refer to the current applicable commission rate. Other fees and commissions apply to a WellsTrade account. For complete information regarding fees and commissions, refer to the WellsTrade Account Commission and Fee Schedule at wellsfargo.com. Schedule subject to change at any time. System response and account access times may vary due to a variety of factors, including trading volumes, market conditions, system performance, and other factors. WellsTrade accounts are available through Wells Fargo Advisors, LLC (member SIPC), a registered broker-dealer and a separate non-bank affiliate of Wells Fargo & Company. Investment and Insurance Products: Are not insured by FDIC or any other federal government agency Are not deposits of or guaranteed by a Bank or Bank affiliate May lose value Additional Terms The Bank reserves the right to convert or discontinue accounts or services without notice, or to make alternative arrangements. If the PMA Package relationship is terminated, the bonus interest rate on all eligible savings accounts, discount, or fee waiver on other products will discontinue and revert to the Bank s current applicable rate or fee. If you are no longer a client of The Private Bank, your PMA Private Banking Interest Checking account will receive the standard PMA Private Banking Interest Checking account interest rates. 3 Surcharges imposed by non-wells Fargo ATM owners and operators may apply. 4 This benefit applies only to the primary checking account within the PMA Package 5 Outgoing Domestic/Internal Transfers and Repetitive Outgoing Domestic/Internal Outgoing Transfers 4 Consumer Deposits Products Disclosure

6 Private Banking Consumer Checking Accounts and Services Private Banking Consumer Checking Accounts Description Wells Fargo Private Banking Checking A checking account that has no monthly service fee and requires no minimum balance Wells Fargo Private Banking Interest Checking Wells Fargo Money Market Checking An interest-bearing checking account that has no monthly service fee and requires no minimum balance Minimum Opening Deposit Not applicable Not applicable Not applicable Monthly Service Fee None None None Check Writing Yes Yes Yes Check Fee None None None Check Image Statements Premium 5 check images (front and back of checks) Classic 0 check images (front of checks only) Premium 5 check images (front and back of checks) Classic 0 check images (front of checks only) Interest Not applicable Earned on entire daily collected balance Compounded daily, paid monthly Variable rate subject to change at Bank s discretion Platinum Check Card Monthly Card Fee Point-of-Sale (POS) Purchase Fee 3 A non-fdic insured account offering money market fund yields with unlimited check-writing convenience Premium 5 check images (front and back of checks) Classic 0 check images (front of checks only) Not applicable Dividends Not applicable Not applicable Money Market; paid monthly Non-FDIC Insured. Each sweep of funds into the Money Market Fund constitutes a purchase of Money Market Fund shares, which are not FDIC insured. Non-resident aliens, minors (persons who have not reached the age of majority) and pay-on-death (Totten) trusts may not be eligible for these accounts. You should not open a Wells Fargo Money Market Checking if you want an FDIC insured deposit with the bank. 3 Retailers participating in online proprietary POS networks may charge a nominal fee for POS purchases and may provide cash back above the amount of purchase. Wells Fargo Advantage Funds An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Wells Fargo Advantage Money Market Funds seek to preserve the value of your investment at $.00 per share, it is possible to lose money by investing in a money market fund. Wells Fargo Funds Management, LLC, a wholly-owned subsidiary of Wells Fargo & Company, provides investment advisory and administrative services for the Wells Fargo Advantage Funds. Other affiliates of Wells Fargo & Company provide sub-advisory and other services for the Funds. The Funds are distributed by Wells Fargo Funds Distributor, LLC, Member FINRA/ SIPC, an affiliate of Wells Fargo & Company. For more complete information about the Wells Fargo Advantage Money Market Funds, obtain a current prospectus by calling (800) -8, or by visiting wellsfargo.com/advantagefunds. Consider the investment objectives, risks, charges and expenses of the investment carefully before investing. This and other information about Wells Fargo Advantage Funds can be found in a current prospectus. Please read it carefully before investing. Consumer Deposits Products Disclosure 5

7 Overdraft Protection Service Description The Bank offers a number of overdraft protection plans to help you avoid the inconvenience and expense of overdrafts and returned items. The types of accounts that can be linked for overdraft protection depend on the checking account you have. Also, some checking plans allow you to link your checking account to both a credit account and an eligible deposit account at the Bank. If you use both an eligible savings account and a credit account as overdraft protection, you can designate the account from which you want the funds to be advanced first. If you do not designate an account, the Bank automatically advances funds from your deposit account first, and then from your credit account, subject to the availability of advances pursuant to the terms of the credit agreement. If there is insufficient credit or funds available to cover the entire amount of an Item presented for payment, the Item may be returned unpaid and a fee charged. Overdraft protection also can help you avoid having Items returned due to holds placed on deposits to your checking account and can allow you access to your checking funds (up to the available balance in your overdraft protection account) while the hold is in place. As a highly valued client, your checking account qualifies for a premium benefit if your account has insufficient funds to cover a one-time (non-recurring) Debit Card or ATM transaction. At the Bank s discretion, we may approve the transaction allowing you to complete your purchase. If the transaction is paid into negative balance, the benefit is that you will not incur an Overdraft fee for the one-time Debit Card or ATM transaction. However, other transactions, such as checks or recurring payments (e.g., gym membership or automobile payment) will continue to be subject to an Overdraft or Returned Item fee if there are insufficient funds when received for payment. If you do not want this premium benefit on your checking accounts for one-time Debit Card and ATM transactions, please contact your banker and request to remove the benefit. Please note, if we remove the premium benefit, you will be unable to request this free benefit at a later date. Investment and Insurance Products: Are not insured by FDIC or any other federal government agency Are not deposits of or guaranteed by a Bank or Bank affiliate May lose value Eligible Savings Accounts (limitations apply) If you link a deposit account for overdraft protection, funds are transferred automatically to cover overdrafts on your checking account. Funds are transferred in exact dollar amounts. Credit Accounts Wells Fargo Private Banking Credit Card or a Wells Fargo Private Banking line of credit (PrimeLine, Platinum EquityLine, etc.) A Wells Fargo Visa or MasterCard credit card account or a Wells Fargo Private Banking line of credit (PrimeLine, Platinum EquityLine, etc.) may be linked for overdraft protection. With a Wells Fargo Private Banking credit card or a Wells Fargo Private Banking line of credit, if you overdraw your checking account and have sufficient credit available, an advance in the exact dollar amount to cover the overdraft is made from your credit account. (If you have a Wells Fargo credit card or line of credit other than a Private Banking credit card or other credit product, please see your Customer Agreement and Disclosure Statement for overdraft protection and fee information.) Overdraft Protection Fees Credit Account Transfer Fee No fee is charged for overdraft advances made from your Wells Fargo Private Banking line of credit. (Standard Finance Charges will accrue from the transaction date.) No fee is charged for overdraft advances made from your The Private Bank By Invitation Visa Signature credit card account. (Standard Finance Charges will accrue from the transaction date.) Federal Reserve Board Regulation D limitations apply. Please see the Consumer Account Agreement under Limitations on transfers from your savings account sub-section. 6 Consumer Deposits Products Disclosure

8 Private Banking Consumer Savings Accounts Private Banking Consumer Savings Accounts Description Minimum Opening Deposit Monthly Service Fee Wells Fargo Private Banking Market Rate Savings Account A variable rate, liquid savings account offering competitive market rate of interest and limited checkwriting privileges Not applicable None Excess Activity Fee Please refer to the Consumer Account Fee and Information Schedule under Wells Fargo Money Market Savings Check Writing Yes (limitations apply) Interest Variable rate subject to change at the Bank s discretion Earned on entire daily collected balance Compounded daily, paid monthly Federal Reserve Board Regulation D limitations apply. Please see the Consumer Account Agreement under Limitations on transfers from your savings account sub-section. Consumer Deposits Products Disclosure 7

9 The Private Bank Service Team For the exclusive use of clients of the Private Bank, Wells Fargo has assembled a team of experienced financial professionals to assist you in conducting most routine account inquiries and transactions. We welcome your calls and are happy to help in any way possible. The Private Bank Service Team is available around the clock on an internationally enabled number at (877) You may speak directly with one of our Private Banking professionals, who can assist with nearly every banking transaction, including: Verifying account balances Benefits Available to All Wells Fargo Private Banking Clients No Wells Fargo Access fees at any ATM () Increased ATM withdrawal limit of $,000 per day; POS (point of sale) daily withdrawal limit of $0,000 Complimentary Wells Fargo Checks Complimentary Wells Fargo Online Banking, Bill Pay and Online Statement (optional) at wellsfargo.com Overdraft protection if desired Complimentary cashier s/official checks and money orders Complimentary bond interest coupon redemption Placing and verifying stop payments Reordering checks Changing your address Checking your ATM activity (deposits and withdrawals) Transferring funds among your Wells Fargo accounts and making payments to your Wells Fargo credit card account Verifying deposit rates and other information Requesting a loan advance Paying down a loan advance Hearing-impaired clients can reach the Wells Fargo Phone Bank text typewriter service (TTY) toll-free at (800) Additional Benefits Available for clients of Wells Fargo The Private Bank () Exclusive interest rates on PMA Private Banking Interest Checking account for clients of The Private Bank No wire transfer fee for incoming wire transfers to Wells Fargo consumer deposit accounts owned by clients of The Private Bank No annual fee Wells Fargo The Private Bank By Invitation Visa Signature credit card with robust rewards (3) Complimentary The Private Bank exclusive checks Complimentary The Private Bank exclusive debit card Access to The Private Bank Service Team 4x7 We appreciate your business. For additional information about other Private Bank services, please call on us at (877) Thank you for choosing Wells Fargo Private Bank. () Surcharges imposed by non-wells Fargo ATM owners or operators may apply. () If you are no-longer a client of The Private Bank, the additional benefits shown in this section will not apply. (3) Subject to credit qualification Deposit and credit products, including PMA Private Banking Interest Checking Account, offered by Wells Fargo Bank, N.A. Member FDIC. 04 Wells Fargo Bank, N.A. All rights reserved. NMLSR ID (Rev 05 - /4) (PB000) 8 Consumer Deposits Products Disclosure