DISCLOSURES I. ELECTRONIC FUND TRANSFER DISCLOSURE (REGULATION E)... 2 ELECTRONIC DISCLOSURE AND ELECTRONIC SIGNATURE CONSENT... 7

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1 DISCLOSURES The Dsclosures set forth below may affect the accounts you have selected wth Bank Leum USA. Read these dsclosures carefully as they descrbe your rghts and oblgatons for the accounts and/or transactons referenced. You should keep ths notce for future reference and refer back to ths dsclosure tab perodcally for updates to the dsclosures. The followng dsclosures are set forth below: Dsclosure Contents I. ELECTRONIC FUND TRANSFER DISCLOSURE (REGULATION E)... 2 II. ELECTRONIC DISCLOSURE AND ELECTRONIC SIGNATURE CONSENT... 7 III. UCC ARTICLE 4A DISCLOSURE... 9 IV. FUNDS AVAILABILITY DISCLOSURE STATEMENT V. TRUTH IN SAVINGS DISCLOSURES VI. CHECK 21 DISCLOSURE NOTICE VII. NDIP (NON-DEPOSIT INVESTMENT PRODUCTS) DISCLOSURES Page 1

2 GO BACK I. ELECTRONIC FUND TRANSFER DISCLOSURE (REGULATION E) Ths Electronc Fund Transfer dsclosure does not apply to any accounts other than consumer accounts as defned by Regulaton E. Indcated below are types of Electronc Fund Transfers that Bank Leum offers, some of whch may not apply to your account. Please read ths dsclosure carefully as t descrbes your rghts and oblgatons for the transactons lsted. You should keep ths notce for future reference. Electronc Funds Transfers Intated by Thrd Partes. You may authorze a thrd party to ntate electronc funds transfers between your account and the thrd party's account. These transfers to make or receve payments may be one-tme occurrences or may recur as drected by you. These transfers may use the Automated Clearng House (ACH) or other payments network. Such transactons wll requre you to provde the thrd party wth your account number and bank nformaton. Ths nformaton can typcally be found on your check as well as on a depost or wthdrawal slp. Thus, you should only provde your bank and account nformaton (whether over the phone, the Internet, or va some other method) to trusted thrd partes whom you have authorzed to ntate these electronc funds transfers. Examples of these transfers nclude, but are not lmted to: Preauthorzed credts. You may make arrangements for certan employer deposts (such as U.S. Treasury (Socal Securty) or some employer (payroll) to be accepted nto your checkng or savngs accounts(s). Preauthorzed payments. You may make arrangements to pay certan recurrng blls from your checkng or savngs accounts(s). The Bll Pay feature s provded by a servce provder and you wll need to enter nto a separate arrangement wth the servce provder for that servce. Onlne Bankng Computer Transfers - types of transfers You may access your account(s) by computer through the nternet by loggng onto our webste at leumonlne@leumusa.com and usng your access ID and your password, to: transfer funds from checkng to checkng or savngs transfer funds from savngs to checkng or savngs transfer funds from lne of credt to checkng or savngs get nformaton about: the account balance of checkng or savngs account(s) deposts to checkng or savngs accounts wthdrawals from checkng or savngs accounts Page 2

3 Temporary Lmtatons on Computer Transfers. Ths servce s not avalable untl your dentty s verfed. Once your dentty has been verfed, any lmts dsclosed to you wll apply. Lmtatons on frequency of transfers. In addton to those lmtatons on transfers elsewhere descrbed, f any, the followng lmtatons apply: Transfers from a savngs or money market account to another account or to thrd partes by check, draft, or smlar order (ncludng POS transactons) preauthorzed, automatc, or computer transfers are lmted n total to sx per month. Bll Payment - types of transfers: You may access your account(s) by computer through the nternet by loggng onto our webste at leumonlne@leumusa.com, usng your access ID and password, to: Use Bll Pay to make payments to ndvduals or companes to whom you want to send one-tme or recurrng payments from your checkng account. Temporary Lmtatons on Bll Pay Transfers. Ths servce s not avalable untl your dentty s verfed. Once your dentty has been verfed, any lmts dsclosed to you wll apply. Bll Pay Fees and Charges. Bll Pay fees and charges are subject to your arrangements wth our servce provder who s provdng the servce. Mnmum account balance. We do not requre you to mantan a mnmum balance n any account as a condton of usng an access devce (card or code) to accomplsh a transfer. FEES We do not charge for drect deposts to any type of account. We do not charge for preauthorzed payments from any type of account. Please refer to our separate Fee Schedule for addtonal nformaton about fees. Except as ndcated elsewhere, we do not charge for these electronc fund transfers. ATM Operaton/Network Fees. When you use an ATM not owned by Bank Leum USA, you may be charged a fee by the ATM operator or any network used (and you may be charged a fee for a balance nqury even f you do not complete a fund transfer). Page 3

4 DOCUMENTATION Termnal transfers. You can get a recept at the tme you make any transfer to or from your account usng one of our automated teller machnes or pont-of-sale termnals. The machne recept provded to you by the satellte termnal shall be admssble as evdence n any legal acton or proceedng and shall consttute prma-face proof of the transacton evdenced by the recept. Preauthorzed credts. If you have arranged to have drect deposts made to your account at least once every 60 days from the same person or company, you can call us at to fnd out whether or not the depost has been made. Perodc statements. Unless you have opted out of recevng paper statements you wll get a monthly account statement from us for your checkng accounts. You wll get a monthly account statement from us for your savngs accounts unless there are no transfers n a partcular month. In any case, you wll get a statement at least quarterly unless you have agreed to receve your statements onlne. Transacton records. You should always save your termnal recepts and mark each transacton n your account record (but not whle at a termnal). Compare your records wth the transactons that are descrbed on any account statements you receve. PREAUTHORIZED PAYMENTS Rght to stop payment and procedure for dong so. If you have told us n advance to make regular payments out of your account, you can stop any of these payments. The procedure for requestng a stop payment s set forth n the Bank Leum USA Account Openng, Electronc Sgnature and Onlne Bankng Servces Agreement. You may vew your agreement on the Webste. FINANCIAL INSTITUTION'S LIABILITY Lablty for falure to make transfers. If Bank Leum does not complete a transfer to or from your account on tme or n the correct amount accordng to our agreement wth you, Bank Leum may be lable for your economc loss or the face amount of the transfer, whchever s less. However, Bank Leum wll not be lable: 1. If you do not have enough money n your account to make the transfer. 2. If you have an overdraft lne and the transfer would go over the credt lmt. 3. If the automated teller machne where you are makng the transfer does not have enough cash. 4. If the termnal or system was not workng properly and you knew about the breakdown when you started the transfer. 5. If crcumstances beyond Bank Leum's control (such as fre, flood or system noperablty) prevent the transfer, despte reasonable precautons taken. 6. There may be other exceptons stated n our agreement wth you. Page 4

5 CONFIDENTIALITY We wll dsclose nformaton to thrd partes about your account or the transfers you make: 1. where t s necessary for completng transfers; 2. n order to verfy the exstence and condton of your account for a thrd party, such as a credt bureau or merchant; 3. n order to comply wth government agency or court orders; or 4. as explaned the Prvacy Dsclosure contaned n a separate tab on the Webste. UNAUTHORIZED TRANSFERS (a) Consumer lablty. Contact Bank Leum mmedately f you beleve your card and/or code has been lost or stolen. Telephonng s the best way of keepng your possble losses down. You could lose all of the money n your account (plus your maxmum overdraft lne of credt). If you tell us wthn 2 busness days, you can lose not more than $50 f someone used your card and/or code wthout your permsson. If you attach your personal dentfcaton number to your card or otherwse make the number readly avalable for dscovery n connecton wth the theft or loss of your card, and you do NOT tell us wthn 2 busness days after you learn of the loss or theft of your card, and we can prove we could have stopped someone from usng your card wthout your permsson f you had told us, you could lose as much as $500. Also, f your statement shows transfers that you dd not make, tell us at once. If you do not tell us wthn 60 days after the statement was maled to you, you may not get back any money you lost after the 60 days f we can prove that we could have stopped someone from takng the money f you had told us n tme. If a good reason (such as a long trp or a hosptal stay) kept you from tellng us, we wll extend the tme perods. Account balance nformaton and transfers from your credt lne are not covered by the Error Resoluton or Lablty sectons of ths Agreement. (b) Contact n event of unauthorzed transfer. If you beleve your card and/or code has been lost or stolen or that someone has transferred or may transfer money from your account wthout your permsson, call or wrte us at the telephone number or address lsted n ths brochure. Page 5

6 TERMINAL TRANSFERS Transfers made by termnal may be executed mmedately. Ths means that a cash wthdrawal or other debt transacton s mmedately deducted from your account (there s no float). Addtonally, you may have no effectve ablty to stop a payment made by termnal transfer. ERROR RESOLUTION NOTICE In Case of Errors or Questons About Your Electronc Transfers. Wrte or call us at the telephone number or address lsted below, as soon as you can, f you thnk your statement or recept s wrong or f you need more nformaton about a transfer lsted on the statement or recept. We must hear from you no later than 60 days after we sent the FIRST statement on whch the problem or error appeared. 1. Tell us your name and account number (f any). 2. Descrbe the error or the transfer you are unsure about, and explan as clearly as you can why you beleve t s an error or why you need more nformaton. 3. Tell us the dollar amount of the suspected error. If you tell us orally, we may requre that you send us your complant or queston n wrtng wthn 10 busness days. We may take up to 45 days (90 days f the transfer nvolved a new account or a foregn-ntated transfer) to nvestgate your complant or queston. Your account s consdered a new account for the frst 30 days after the frst depost s made, unless you already have an establshed account wth us before ths account s opened. We wll tell you the results wthn 3 busness days after completng our nvestgaton. If we decde that there was no error, we wll send you a wrtten explanaton. You may ask for copes of the documents that we used n our nvestgaton. BANK LEUMI USA ATTN: CASH MANAGEMENT SERVICES 420 Lexngton Avenue New York, NY Busness Days: Monday through Frday Excludng: Federal Holdays Phone: Monday-Frday, 9am-5pm MORE DETAILED INFORMATION IS AVAILABLE ON REQUEST Page 6

7 GO BACK II. ELECTRONIC DISCLOSURE AND ELECTRONIC SIGNATURE CONSENT The Electronc Sgnatures n Global and Natonal Commerce Act ("ESIGN") requres User's approval before Bank Leum may provde servces to User electroncally. Please read ths Electronc Dsclosure for Electronc Sgnatures ("EDESA") carefully and save or prnt a copy. IF USER DOES NOT PROVIDE ITS ELECTRONIC SIGNATURE AND CONSENT TO CONDUCT BUSINESS ELECTRONICALLY, USER WILL NOT BE ABLE TO PROCEED WITH OPENING USER'S ACCOUNTS ONLINE. Ths EDESA governs certan of User's and Bank Leum's rghts and responsbltes concernng Onlne Bankng. Electronc Sgnature: User consents and agrees that User's use of a keypad, mouse or other devce to select an tem, button, con or smlar act/acton whle usng Onlne Bankng, or n accessng or makng any transacton thereon consttutes User's sgnature, acceptance and agreement as f actually sgned by User n wrtng. Further, User agrees that no certfcaton authorty or other thrd party verfcaton s necessary to valdate User's electronc sgnature, and that the lack of such certfcaton or thrd party verfcaton shall not n any way affect the enforceablty of User's sgnature or resultng agreement as between User and Bank Leum. USER UNDERSTANDS AND AFFIRMS THAT USER'S E-SIGNATURE PROVIDED IN CONJUNCTION WITH THE ELECTRONIC SUBMISSION OF THIS AGREEMENT SHALL BE LEGALLY BINDING AND SUCH TRANSACTION SHALL BE CONSIDERED AUTHORIZED BY USER. Consent: By enrollng, User consents and agrees to receve documents electroncally ncludng dsclosures and notces that Bank Leum may need to provde to User. User also agrees to receve electronc statements (e-statements) for any account(s) User mantans wth Bank Leum. Wthdrawng Consent: User may wthdraw ts consent to receve documents electroncally by callng Bank Leum at , e-malng Bank Leum at: leumcms@leumusa.com, by wrtten correspondence delvered to: Bank Leum USA Attn: Cash Management Servces 420 Lexngton Avenue New York, NY Or n person at a Bank Leum USA branch. Any wthdrawal of User's consent wll be effectve only after Bank Leum has had a reasonable perod of tme to process User's wthdrawal request. Separately, Bank Leum, n ts sole dscreton, may termnate ths Agreement at any tme, wthout pror notce. Page 7

8 Equpment Requrements User wll need a personal computer, modem, a web browser and access to the Internet/World Wde Web. User s responsble for the nstallaton, mantenance and operaton of User's computer, modem and software. Bank Leum s not responsble for any errors or falure nvolvng any nternet servce, software nstallaton, or malfunctons of any knd of or to User's computer or related equpment. Browser and other Requrements For a secure system, Bank Leum recommends usng an nternet browser wth an encrypton level of at least 128-bt. The current requrements, whch may change from tme to tme, nclude: * Suffcent free dsk space on a hard drve to retan documents * A modem or other devce permttng connecton to the nternet * An nternet browser that can support the servce. Recommendatons nclude Mcrosoft Internet Explorer, and Mozlla Frefox * An e-mal account wth the ablty to access attachments n e-mal * An up to date verson of ADOBE Acrobat Reader. Ths may be downloaded free at * An up to date verson of Adobe Flash Player. Ths may be downloaded for free at * An up to date verson of Java. Ths can be downloaded for free at * Permsson for "cookes" n the browser securty system may be requred. To protect your account nformaton from unauthorzed access, the User should always logout of the system when each sesson s complete. The computer should be routnely scanned wth vrus protecton software. The User should also consder a frewall (hardware and/or software) and perodcally update computer operatng systems and Internet browsers for crtcal securty related patches. Bank Leum wll post on the Webste any changes n hardware or software requrements that may affect the User's access to or use of the servce, so the User should perodcally check for posted nformaton from Bank Leum. Page 8

9 III. UCC ARTICLE 4A DISCLOSURE GO BACK PROVISIONAL PAYMENT DISCLOSURE: Credt gven by Bank Leum to the User wth respect to an automated clearng house credt entry s provsonal untl Bank Leum receves fnal settlement for such entry through a Federal Reserve Bank. If Bank Leum does not receve such fnal settlement, the User s hereby notfed and agrees that Bank Leum s enttled to a refund of the amount credted to the User n connecton wth such entry, and the party makng payment to the User n connecton wth such entry (.e., the orgnator of the entry) shall not be deemed to have pad the User n the amount of such entry. NOTICE OF RECEIPT OF ENTRY: Under the Operatng Rules of the Natonal Automated Clearng House Assocaton, whch are applcable to ACH transactons nvolvng the User's account, Bank Leum s not requred to gve next day notce to the User of recept of an ACH tem and Bank Leum wll not do so. However, Bank Leum wll contnue to notfy the User of the recept of payments n the perodc statements Bank Leum provdes to the User. CHOICE OF LAW: Bank Leum may accept on the User's behalf, payments to the User's account whch have been transmtted through one or more Automated Clearng Houses (ACH) and whch are not subject to the Electronc Fund Transfer Act and the User's rghts and oblgatons wth respect to such payments shall be construed n accordance wth and governed by the laws of the State of New York. Page 9

10 GO BACK IV. FUNDS AVAILABILITY DISCLOSURE STATEMENT Your Ablty to Wthdraw Funds at Bank Leum USA Ths Funds Avalablty Dsclosure Statement ndcates the avalablty of funds that you depost n your accounts at Bank Leum USA. However, ths Dsclosure Statement does not apply to checks drawn on, or payable through, offces located outsde the Unted States or not payable n U.S. Dollars. It also does not apply to tems that have not been preprnted or post-encoded wth the routng number. We follow a schedule n makng avalable funds that you depost n any of your accounts. Untl the funds are avalable, you may not wthdraw the funds n cash, and we wll not use the funds to pay checks that you have wrtten. Even after we have made funds avalable to you and you have wthdrawn the funds, you are stll responsble for checks you depost that are returned to us unpad and for any other problems nvolvng your depost. Determnng the Avalablty of a Depost The schedule counts the busness days after the day of your depost. Every day s a busness day except Saturdays, Sundays, and Federal holdays. If you make a depost at a Bank Leum USA branch before the branch closes for busness that day (but no later than 4 p.m. local tme), we wll consder that day to be the day of your depost. If you make a depost at a Bank Leum USA ATM before 2 p.m. local tme or we receve a transmsson through remote check capture before 4 p.m. ET, we wll consder that day to be the day of your depost. However, f you make a depost after those tmes or on a day that we are not open, we wll consder that the depost was made on the next busness day that we are open. Avalablty s determned by the type of depost and s explaned below. Please read all sectons of ths Dsclosure Statement ncludng both the general rules for avalablty and the crcumstances whch may delay avalablty. Same-Day Avalablty Funds from electronc drect deposts to your account are avalable on the day we receve the depost. Wre transfers are deemed credts through the Federal Reserve Bank (Fedwre) and New York Clearng House (CHIPS), nclusve of any cash deposts. Next-Day Avalablty Funds from the followng deposts are avalable on the frst busness day after the day of your depost: 1. US Treasury checks, Federal Reserve Bank checks, Federal Home Loan Bank checks, and U.S. Postal Servce money orders, f deposted n an account n the name of the payee.* Page 10

11 2. State and local government checks drawn by governmental agences or unts located n the state where the checks are deposted, casher's, certfed, and teller's checks, f deposted n an account n the name of the payee and the depostor obtans approval from the customer servce area before depost.* Ths tem 2 does not apply to remote check capture Checks drawn on Bank Leum USA (referred to n ths Dsclosure Statement as "On-Us Checks"). *Items 2 and 3 are referred to n ths Dsclosure Statement as "Specal Group Checks." Other Check Deposts: When Funds are Avalable ( Other Checks ) Funds from check deposts that do not receve Next-Day Avalablty (above) wll, subject to the other provsons of ths Dsclosure Statement, be avalable as follows: Frst $200 wll be avalable on the frst busness day after the day of your depost to pay checks you have wrtten to others. All of the remanng funds wll be avalable on the second busness day after the day of your depost to pay checks you have wrtten to others. Frst $200 wll also be avalable for wthdrawal n cash on the frst busness day after the day of your depost. An addtonal $300 of the depost may be wthdrawn n cash on the second busness day after the day of your depost. All of the remanng funds wll be avalable for cash wthdrawal on the thrd busness day after the day of your depost. For example, you depost a $700 check on Monday. $200 s avalable on Tuesday to pay checks to others and to wthdraw n cash. The rest s avalable to pay checks on Wednesday. Also on Wednesday, you may wthdraw another $300 of the depost n cash, and you may wthdraw the rest n cash on Thursday. Longer Delays: Deposted Checks Totalng More Than $5,000 on Any One Day If you depost checks totalng more than $5,000 on any one day, the frst $5,000 wll be avalable to you n accordance wth, as applcable, the other provsons of ths Dsclosure Statement. The amount n excess of $5,000 wll generally be avalable on the frst busness day after the day of depost for On-Us Checks and the fourth busness day for Other Checks. If Specal Group Checks that would otherwse receve next-day avalablty exceed $5,000, the excess wll be treated as Other Checks. If your check depost exceedng $5,000 s a mx of Specal Group Checks, On-Us Checks, and Other Checks, the excess wll be calculated by frst addng together Specal Group Checks, then On-Us Checks, and then Other Checks. Longer Delays: Redeposted Checks Checks that have been returned unpad (except checks returned as a result of a mssng endorsement or as a post- or stale-dated tem) wll generally be avalable on the frst busness day after the day of the depost for On-Us Checks and the fourth busness day for Other Checks. On- Us Checks that would otherwse receve next-day avalablty wll be treated as Other Checks. Longer Delays: Other Page 11

12 Avalablty may also be delayed under any of the followng crcumstances: We beleve a check you depost wll not be pad. You have overdrawn accounts n the last sx months on at least sx busness days, or on at least two busness days n the amount of $5,000 or more, ncludng nstances where the balance would have become negatve f the checks or other charges to the account had been pad rather than returned. There s an emergency, such as a falure of communcatons or computer equpment. Addtonal Notfcaton of Delayed Avalablty For Personal Accounts: If your ablty to wthdraw funds wll be delayed for any reason ndcated n the "Longer Delays..." sectons above, we wll notfy you and tell you when the funds wll be avalable. They wll generally be avalable no later than the fourth busness day after the day of your depost. For Busness Accounts: If your ablty to wthdraw funds wll be delayed for any reason ndcated n the "Longer Delays..." sectons above, we wll notfy you and tell you when the funds wll be avalable. They wll generally be avalable no later than the fourth busness day after the day of your depost. However, no addtonal notce wll be gven f avalablty s delayed for the reasons descrbed n the "Longer Delays: Deposted Checks Totalng More Than $5,000 on Any One Day" or "Longer Delays: Redeposted Checks" sectons. Specal Rules for New Accounts If you are a new customer, the followng rules apply durng the frst 30 calendar days your account s open (the "New Account Perod"). Durng the New Account Perod, there s no next-busness-day avalablty for the proceeds of checks except Specal Group Checks and On-Us Checks. Funds from Other Check deposts wll be avalable on the seventh busness day after the day of your depost. The frst $5,000 of a day's total deposts of U.S. Treasury checks, Federal Reserve Bank checks, Federal Home Loan Bank checks, U.S. Postal Servce money orders, state, and local government checks deposted n a branch n the same state, and casher's, certfed, teller's, and traveler's checks wll be avalable on the frst busness day after the day of your depost f the depost meets certan condtons. (For example, state and local government checks and casher's, certfed, teller's and traveler's checks must be payable to you as payee named on the face of the check and you must obtan approval from the customer servce area before depost.) The excess over $5,000 wll be avalable on the nnth busness day after the day of your depost. For Further Informaton Please contact a Bank Leum USA branch or our LeumLnes customer servce center at or leumcms@leumusa.com. Page 12

13 V. TRUTH IN SAVINGS DISCLOSURES GO BACK Ths page provdes detaled nformaton about the varous depost accounts avalable at Bank Leum USA. Informaton related to nterest calculatons, mnmum openng deposts, potental mnmum balance fees, and other noteworthy tems are organzed by account type. A. Consumer Depost Accounts Checkng Account Ths s a non-nterest-bearng account. Mnmum openng depost s $25. There are no transacton lmts on ths account. The ntal 50 checks are free. The cost to You for reorderng checks s dependent on the style of check You choose. All account holders must be at least age 13, and one person named on the account must be at least age 18. Convenent access to the account by check, ATM, pont-of sale, mal, phone, or the Internet. Account statements provded monthly. Overdraft protecton avalable. Can be used as the Protectng Account for Overdraft Protecton Basc Bankng Checkng Account (Only Avalable In Illnos and New York) Ths s a non-nterest-bearng account. There s no mnmum openng depost. In Illnos, ths type of account s only avalable to ndvduals 65 and over. There are no lmts to the amount of transactons to these accounts however there are servce charges dependng on the State of the account. In Illnos, there s no monthly servce charge for the frst ten (10) wthdrawal transactons wthn a month. There s an addtonal fee of $1.00 per wthdrawal transacton n excess of ten (10) transactons per a monthly statement perod. In New York, all account holders must be at least age 13, and one person named on the account must be at least age 18. In New York, there s a $3 servce fee charge for the frst eght (8) transactons wthn a month. There s an addtonal fee of $1.00 per wthdrawal transacton per a monthly n excess of eght (8) transactons per a monthly statement perod. The ntal 50 checks are free. The cost to You for reorderng checks s dependent on the style of check You choose. Ths account may be subject to addtonal fees and charges. Refer to the Prcng Schedule for Consumer and Busness Depost Accounts. Account statements provded monthly. Page 13

14 Interest Checkng Account Ths s a varable rate account. The nterest rate and Annual Percentage Yeld (APY) are subject to change daly at our sole dscreton. Ths s a tered rate account. Your entre balance wll earn the nterest rate and APY n effect for the balance ter assocated wth your daly balance. Current nterest rate, APY, and balance ter nformaton may be obtaned by callng Bank Leum USA at We use the daly balance method to calculate the nterest on your account. Ths method apples a daly perodc rate to the prncpal n the account each day. Interest wll be compounded daly and credted to your account monthly at the statement cycle date. Interest begns to accrue on the busness day your deposts are receved at our Bank Operatons Center. Mnmum openng depost s $100. A mnmum balance fee wll be mposed monthly f the average daly balance for the month falls below $500. The mnmum balance fee wll be waved f the account receves a drect depost va an Automated Clearng House (ACH) credt durng the statement cycle. The average daly balance s calculated by addng the prncpal n the account for each day of the perod and dvdng that fgure by the number of days n the perod. You must mantan a mnmum balance of $2,500 n the account each day to obtan the dsclosed annual percentage yeld. Ths account may be subject to fees and charges. Refer to the Prcng Schedule for Consumer and Busness Depost Accounts. The ntal 50 checks are free. The cost to You for reorderng checks s dependent on the style of check You choose. Ths account s ntended for personal, famly, or household purposes and cannot be used for busness/commercal uses. If ths account s beng used for busness/commercal purposes, We reserve the rght to change the account to a busness checkng type of account. A sole propretor, nonproft organzaton, and a busness account where the vested nterest on the account are for the beneft of ndvdual(s) such as a penson or proft sharng plan and governmental agences are elgble to mantan an Interest Checkng Account. There are no transacton lmts on ths account. The Bank reserves the rght to requre wrtten notce seven (7) days pror to any wthdrawal or transfer from ths account. All account holders must be at least age 13 and one person named on the account must be at least age 18. Convenent access to the account by check, ATM, pont-of sale, mal, phone, or the Internet. Account statements provded monthly. Overdraft protecton avalable. Page 14

15 Money Market Account Ths s a varable rate account. The nterest rate and Annual Percentage Yeld (APY) are subject to change daly at our sole dscreton. Ths s a tered rate account. Your entre balance wll earn the nterest rate and APY n effect for the balance ter assocated wth your daly balance. Current nterest rate, APY, and balance ter nformaton may be obtaned by callng Bank Leum USA at We use the daly balance method to calculate the nterest on your account. Ths method apples a daly perodc rate to the prncpal n the account each day. Interest wll be compounded daly and credted to your account monthly at the statement cycle date. Interest begns to accrue on the busness day your deposts are receved at our Bank Operatons Center. Mnmum openng depost s $1,000. A mnmum balance fee wll be mposed monthly f the average daly balance for the month falls below $500. The mnmum balance fee wll be waved f the account receves a drect depost va an Automated Clearng House (ACH) credt durng the statement cycle. The average daly balance s calculated by addng the prncpal n the account for each day of the perod and dvdng that fgure by the number of days n the perod. You must mantan a mnmum balance of $100 n the account each day to obtan the dsclosed annual percentage yeld. Ths account may be subject to fees and charges. Refer to the Prcng Schedule for Consumer and Busness Depost Accounts. Specalty (Antque style) checks are free. Your cost for alternate check styles s dependent on the style of check You choose. You may make sx (6) transfers from your account each monthly statement cycle by check, preauthorzed or automatc transfer, draft, and pont of-sale. If You exceed these lmtatons, We may refuse to honor the excessve transactons, remove your transfer prvleges, close the account wthout pror notce, convert t to another type of account, and/or mpose a fee (Refer to the Webste Prcng Schedule for Consumer and Busness Depost Accounts) for exceedng the lmts. (Note: We count checks and transactons for purposes of the transacton lmtatons as of the date We post them to your account, not as of the date You wrte or ntate them. As such, a check or transacton you wrte or ntate durng one statement perod may not be counted untl a subsequent statement perod). In addton to the above transfers, You are allowed unlmted wthdrawals by ATM; by mal (payments drectly to You or transfers of funds from your account to any of your loan accounts wth Us) The Bank reserves the rght to requre wrtten notce seven (7) days pror to any wthdrawal or transfer from ths account. Page 15

16 All account holders must be at least age 13 and one person named on the account must be at least age 18. Account statements provded monthly. Convenent access to the account by check, ATM, mal, phone, or the Internet. Overdraft Protecton avalable. Savngs Account Ths s a varable rate account. The nterest rate and Annual Percentage Yeld (APY) are subject to change daly at our sole dscreton. Ths s a tered rate account. Your entre balance wll earn the nterest rate and APY n effect for the balance ter assocated wth your daly balance. Current nterest rate, APY, and balance ter nformaton may be obtaned by callng Bank Leum USA at We use the daly balance method to calculate the nterest on your account. Ths method apples a daly perodc rate to the prncpal n the account each day. Interest wll be compounded daly and credted to your account monthly at the statement cycle date. Interest begns to accrue on the busness day your deposts are receved at our Bank Operatons Center. Mnmum openng depost s $100. When the prmary account holder s 18 years of age or older, a mnmum balance fee wll be mposed monthly f the average daly balance for the month falls below $100. The mnmum balance fee wll be waved f the account receves a drect depost va an Automated Clearng House (ACH) credt durng the statement cycle. The average daly balance s calculated by addng the prncpal n the account for each day of the perod and dvdng that fgure by the number of days n the perod. Ths account may be subject to fees and charges. Refer to the Prcng Schedule for Consumer and Busness Depost Accounts. You may make sx (6) transfers from your account each monthly statement cycle by preauthorzed or automatc transfer, pont-of-sale and/or electronc bankng. If You exceed these lmtatons, We may refuse to honor the excessve transactons, remove your transfer prvleges, close the account wthout pror notce, convert t to another type of account, and/or mpose a fee (Refer to the Webste Prcng Schedule for Consumer and Busness Depost Accounts) for exceedng the lmts. (Note: We count transactons for purposes of the transacton lmtatons as of the date We post them to your account, not as of the date You ntate them. As such, a transacton You ntate durng one statement perod may not be counted untl a subsequent statement perod). In addton to the above transfers, You are allowed unlmted wthdrawals by ATM; by mal (payments drectly to You or transfers of funds from your account to any of your loan accounts wth Us) The Bank reserves the rght to requre wrtten notce seven (7) days pror to any wthdrawal or transfer from ths account. Page 16

17 Account statements provded monthly. Convenent access to the account by ATM, pont-of sale, mal, phone, or the Internet. Fxed-Rate Certfcates Of Depost Ths s a fxed rate account. Current nterest rate, APY, and balance ter nformaton may be obtaned by callng Bank Leum USA at You wll be pad the nterest rate untl the maturty date of the certfcate. The APY assumes nterest remans on depost untl maturty. A wthdrawal wll reduce earnngs. We use the daly balance method to calculate the nterest on your account. Ths method apples a daly perodc rate to the prncpal n the account each day. Interest earned wll be compounded daly. Interest earned wll be credted to the account at maturty for certfcates of depost wth terms less than 12 months. Interest may be credted to the account at maturty, monthly, quarterly, or semannually for certfcates of depost wth a term of 12 months. For terms longer than 12 months, nterest may be credted to the account monthly, quarterly, semannually, or annually. Interest begns to accrue on the busness day your deposts are receved at our Bank Operatons Center. The mnmum openng depost for regular certfcates of depost s $500. The mnmum openng depost for jumbo certfcates of depost s $100,000. To obtan the APY dsclosed, You must mantan a mnmum balance of $500 for regular certfcates of depost and $100,000 for jumbo certfcates of depost. After the account s opened, You may not make deposts nto or wthdrawals from the account untl the maturty date wthout penalty. You have contracted to keep funds on depost as evdenced by the Term lsted on the Certfcate of Tme Depost Applcaton and on the Recept for Certfcate of Tme Depost provded to You. Acceptance of a request by You for a wthdrawal of some or all of the funds pror to the maturty date s at the dscreton of State Farm Bank. If You wthdraw any prncpal before the maturty date, the followng penaltes may be mposed: (a) a penalty of seven (7) days nterest on the prncpal wthdrawn when the wthdrawal s made wthn sx (6) days of the ntal depost; (b) a penalty of seven (7) days nterest on the prncpal wthdrawn when the wthdrawal s made wthn sx (6) days of a prevous wthdrawal; (c) a penalty equal to 90 days nterest (earned or not) on the prncpal wthdrawn for certfcates wth terms of 12 months or less; and (d) a penalty equal to 180 days nterest (earned or not) on the prncpal wthdrawn for certfcates wth terms longer than 12 months. Page 17

18 Standard Term Certfcates of Depost (3, 6, 12, 24, 36, 48, and 60 months) renew automatcally at maturty at the same term. Specal Term Certfcates of Depost renew automatcally at maturty nto the next hghest Standard Term Certfcate of Depost. For example, a 9-month Specal Term CD wll automatcally renew at maturty nto a 12-month Standard Term CD. An 18-month Specal Term CD wll automatcally renew at maturty nto a 24-month Standard Term CD. You have a Grace Perod of ten (10) calendar days after the maturty date to wthdraw the funds wthout beng charged a penalty. You may also ncrease the amount n your certfcate of depost account by any amount durng the Grace Perod. If the last day of the Grace Perod s a non-busness day, the Grace Perod expres on the next busness day. Interest wll be earned durng the frst ten (10) calendar days of the Grace Perod at the renewal rate. Unless otherwse dstrbuted, nterest s captalzed at maturty, and becomes part of the prncpal balance for the subsequent term(s). Indvdual Retrement Account (IRA) & Educaton Savngs Account (ESA) Fxed-Rate Certfcates of Depost Indvdual Retrement Account (IRA) Money Market Account Health Savngs Account (HSA) B. Busness Depost Accounts Busness Checkng Ths s a non-nterest bearng account. Mnmum openng depost s $100. A mnmum balance fee wll be mposed monthly f the average daly balance for the month falls below $3,000. The mnmum balance fee wll be waved f the account receves a drect depost va an Automated Clearng House (ACH) credt durng the statement cycle. The average daly balance s calculated by addng the prncpal n the account for each day of the perod and dvdng that fgure by the number of days n the perod. Ths account may be subject to fees and charges. Refer to the Prcng Schedule for Consumer and Busness Depost Accounts. There are no transacton lmts on ths account. The ntal 50 checks are free. The cost to you for reorderng checks s dependent on the style of check You choose. Page 18

19 Busness Money Market Account Ths s a varable rate account. The nterest rate and Annual Percentage Yeld (APY) are subject to change daly at our sole dscreton. Ths s a tered rate account. Your entre balance wll earn the nterest rate and APY n effect for the balance ter assocated wth your daly balance. Current nterest rate and Annual Percentage Yeld (APY) nformaton may be obtaned by callng Bank Leum USA at We use the daly balance method to calculate the nterest on your account. Ths method apples a daly perodc rate to the prncpal n the account each day. Interest wll be compounded daly and credted to your account monthly at the statement cycle date. Interest begns to accrue on the busness day your deposts are receved at our Bank Operatons Center. Mnmum openng depost s $1,000. A mnmum balance fee wll be mposed monthly f the average daly balance for the month falls below $500. The mnmum balance fee wll be waved f the account receves a drect depost va an Automated Clearng House (ACH) credt durng the statement cycle. The average daly balance s calculated by addng the prncpal n the account for each day of the perod and dvdng that fgure by the number of days n the perod. You must mantan a mnmum balance of $100 n the account each day to obtan the dsclosed annual percentage yeld. Ths account may be subject to fees and charges. Refer to the Prcng Schedule for Consumer and Busness Depost Accounts. Specalty (Antque style) checks are free. Your cost for alternate check styles s dependent on the style of check You choose. You may make sx (6) transfers from your account each monthly statement cycle by check, preauthorzed or automatc transfer, draft, pont-of-sale, and/or electronc bankng. If You exceed these lmtatons, We may refuse to honor the excessve transactons, remove your transfer prvleges, close the account wthout pror notce, convert t to another type of account, and/or mpose a fee (Refer to the Prcng Schedule for Consumer & Busness Depost Accounts) for exceedng the lmts. (Note: We count checks and transactons for purposes of the transacton lmtatons as of the date We post them to your account, not as of the date You wrte or ntate them. As such, a check or transacton You wrte or ntate durng one statement perod may not be counted untl a subsequent statement perod.) In addton to the above transfers, You are allowed unlmted wthdrawals by ATM; by mal (payments drectly to You or transfers of funds from your account to any of your loan accounts wth Us) The Bank reserves the rght to requre wrtten notce seven (7) days pror to any wthdrawal or transfer from ths account. Account statements provded monthly. Page 19

20 Busness Savngs Ths s a varable rate account. The nterest rate and Annual Percentage Yeld (APY) are subject to change daly at our sole dscreton. Ths s a tered rate account. Your entre balance wll earn the nterest rate and APY n effect for the balance ter assocated wth your daly balance. Current nterest rate and Annual Percentage Yeld (APY) nformaton may be obtaned by callng Bank Leum USA at We use the daly balance method to calculate the nterest on your account. Ths method apples a daly perodc rate to the prncpal n the account each day. Interest wll be compounded daly and credted to your account monthly at the statement cycle date. Interest begns to accrue on the busness day your deposts are receved at our Bank Operatons Center. Mnmum openng depost s $100. A mnmum balance fee wll be mposed monthly f the average daly balance for the month falls below $100. The mnmum balance fee wll be waved f the account receves a drect depost va an Automated Clearng House (ACH) credt durng the statement cycle. The average daly balance s calculated by addng the prncpal n the account for each day of the perod and dvdng that fgure by the number of days n the perod. Ths account may be subject to fees and charges. Refer to the Prcng Schedule for Consumer and Busness Depost Accounts. You may make sx (6) transfers from your account each monthly statement cycle by preauthorzed or automatc transfer, pont-of-sale, and/or electronc bankng. If You exceed these lmtatons, We may refuse to honor the excessve transactons, remove your transfer prvleges, close the account wthout pror notce, convert t to another type of account, and/or mpose a fee (Refer to the Prcng Schedule for Consumer and Busness Depost Accounts) for exceedng the lmts. (Note: We count transactons for purposes of the transacton lmtatons as of the date We post them to your account not as of the date You ntate them. As such, a transacton You ntate durng one statement perod may not be counted untl a subsequent statement perod.) In addton to the above transfers, You are allowed unlmted wthdrawals by ATM, by mal (payments drectly to You or transfers of funds from your account to any of your loan accounts wth Us) The Bank reserves the rght to requre wrtten notce seven (7) days pror to any wthdrawal or transfer from ths account. Page 20

21 Busness Fxed-Rate Certfcates of Depost Ths s a fxed-rate account. Current nterest rate and Annual Percentage Yeld (APY) nformaton may be obtaned by callng Bank Leum USA at You wll be pad the nterest rate untl the maturty date of the certfcate. The APY assumes nterest remans on depost untl maturty. A wthdrawal wll reduce earnngs. We use the daly balance method to calculate the nterest on your account. Ths method apples a daly perodc rate to the prncpal n the account each day. Interest earned wll be compounded daly. Interest earned wll be credted to the account at maturty for certfcates of depost wth terms less than 12 months. Interest may be credted to the account at maturty, monthly, quarterly, or semannually for certfcates of depost wth a term of 12 months. For terms longer than 12 months, nterest may be credted to the account monthly, quarterly, semannually, or annually. Interest begns to accrue on the busness day your deposts are receved at our Bank Operatons Center. The mnmum openng depost for regular certfcates of depost s $500. The mnmum openng depost for jumbo certfcates of depost s $100,000. To obtan the APY dsclosed, You must mantan a mnmum balance of $500 for regular certfcates of depost and $100,000 for jumbo certfcates of depost. After the account s opened, You may not make deposts nto or wthdrawals from the account untl the maturty date wthout penalty. You have contracted to keep funds on depost as evdenced by the Term lsted on the Certfcate of Tme Depost Applcaton and on the Recept for Certfcate of Tme Depost provded to You. Acceptance of a request by You for a wthdrawal of some or all of the funds pror to the maturty date s at the dscreton of Bank Leum USA. If You wthdraw any prncpal before the maturty date the followng penaltes may be mposed: 1). a penalty of seven (7) days nterest on the prncpal wthdrawn when the wthdrawal s made wthn sx (6) days of the ntal depost; 2). a penalty of seven (7) days nterest on the prncpal wthdrawn when the wthdrawal s made wthn sx (6) days of a prevous wthdrawal; 3). a penalty equal to 90 days nterest (earned or not) on the prncpal wthdrawn for certfcates wth terms of 12 months or less; and 4). a penalty equal to 180 days nterest (earned or not) on the prncpal wthdrawn for certfcates wth terms longer than 12 months. Standard Term Certfcates of Depost (3, 6, 12, 24, 36, 48, and 60 months) renew automatcally at maturty at the same term. Specal Term Certfcates of Depost renew automatcally at maturty nto the next hghest Standard Term Certfcates of Depost. For example, a 9-month Specal Term CD wll automatcally renew at maturty nto a 12-month Standard Term CD. An 18-month Specal Term CD wll automatcally renew at maturty nto a 24-month Standard Term CD. You have a Grace Perod of ten (10) calendar days after the maturty date to wthdraw the funds wthout beng charged a Page 21

22 penalty. You may also ncrease the amount n your certfcate of depost account by any amount durng the Grace Perod. If the last day of the Grace Perod s a non-busness day, the Grace Perod expres on the next busness day. Interest wll be earned durng the frst ten (10) calendar days of the Grace Perod at the renewal rate. Unless otherwse dstrbuted, nterest s captalzed at maturty, and becomes part of the prncpal balance for the subsequent term(s) Page 22

23 VI. CHECK 21 DISCLOSURE NOTICE GO BACK Substtute Checks and Your Rghts What s a substtute check? To make check processng faster, federal law permts banks to replace orgnal checks wth "substtute checks." These checks are smlar n sze to orgnal checks wth a slghtly reduced mage of the front and back of the orgnal check. The front of a substtute check states: "Ths s a legal copy of your check. You can use t the same way you would use the orgnal check." You may use a substtute check as proof of payment just lke the orgnal check. Some or all of the checks that you receve back from us may be substtute checks. Ths notce descrbes rghts you have when you receve substtute checks from us. The rghts n ths notce do not apply to orgnal checks or to electronc debts to your account. However, you have rghts under other law wth respect to those transactons. What are my rghts regardng substtute checks? In certan cases, federal law provdes a specal procedure that allows you to request a refund for losses you suffer f a substtute check s posted to your account (for example, f you thnk that we wthdrew the wrong amount from your account or that we wthdrew money from your account more than once for the same check). The losses you may attempt to recover under ths procedure may nclude the amount that was wthdrawn from your account and fees that were charged as a result of the wthdrawal (for example, bounced check fees). The amount of your refund under ths procedure s lmted to the amount of your loss or the amount of the substtute check, whchever s less. You also are enttled to nterest on the amount of your refund f your account s an nterest-bearng account. If your loss exceeds the amount of the substtute check, you may be able to recover addtonal amounts under other law. If you use ths procedure, you may receve up to (amount, not lower than $2,500) of your refund (plus nterest f your account earns nterest) wthn (number of days, not more than 10) busness days after we receved your clam and the remander of your refund (plus nterest f your account earns nterest) not later than (number of days, not more than 45) calendar days after we receved your clam. We may reverse the refund (ncludng any nterest on the refund) f we later are able to demonstrate that the substtute check was correctly posted to your account. Page 23

24 How do I make a clam for a refund? If you beleve that you have suffered a loss relatng to a substtute check that you receved and that was posted to your account, please contact us at leumcms@leumusa.com. You must contact us wthn 60 calendar days of the date that we maled (or otherwse delvered by a means to whch you agreed) the substtute check n queston or the account statement showng that the substtute check was posted to your account, whchever s later. We wll extend ths tme perod f you were not able to make a tmely clam because of extraordnary crcumstances. Your clam must nclude: A descrpton of why you have suffered a loss (for example, you thnk the amount wthdrawn was ncorrect); An estmate of the amount of your loss; An explanaton of why the substtute check you receved s nsuffcent to confrm that you suffered a loss; and A copy of the substtute check [and/or] the followng nformaton to help us dentfy the substtute check: (dentfyng nformaton, for example the check number, the name of the person to whom you wrote the check, the amount of the check). Page 24