Notice of Change in Terms for your Deposit Accounts. Redding Bank of Commerce Deposit Accounts Account Terms and Conditions

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1 Notice of Change in Terms for your Deposit Accounts Terms outlined in this Change in Terms document, the enclosed Deposit Account Agreement and the enclosed Schedule of Fees and Services of Redding Bank of Commerce will become effective after close of business on March 11, As of this date, these disclosures and fee schedules will replace in entirety all previous agreements received from Bank of America. Redding Bank of Commerce Deposit Accounts Account Terms and Conditions

2 Simple Checking There is a monthly service charge of $9.95 for your account. This fee can be avoided by completing one of the following transactions each statement cycle: Maintaining an average monthly balance of $1, OR With a direct deposit of $ or more posted to your account OR By completing 10 point-of-sale transactions using your MasterCard debit card (these transactions must post to the account during the statement cycle) There is a $3.00 fee for paper statements. Acceptance of e-statements will waive this fee. This account does not earn interest. 1

3 Choice Rewards Checking There is a monthly service charge of $7.95 for your account. This fee can be avoided by completing 20 point-of-sale (POS) transactions using your MasterCard debit card (these transactions must post to the account during the statement cycle) AND by being actively enrolled in e-statements. This account does not earn interest. Rewards Five cents will be paid for every POS MasterCard debit card transaction posted to your account. Transactions conducted at an Automated Teller Machine (ATM) are not eligible for cash rewards. Rewards will be paid at the end of each calendar quarter. Transaction counts are determined by the date the bank processes and posts the transaction to your account. This may be later than the date the transaction occurred. Acceptance of e-statements is required to earn rewards. Maximum annual reward of $ will be paid. Choice Rewards Checking earnings may be subject to IRS reporting requirements. Foreign ATM fees (fees charged when you use your card at an ATM not owned by Redding Bank of Commerce) will be refunded up to a maximum of $10.00 per month if account transaction qualifications are met during the statement cycle (completing 20 point-of-sale transactions using your MasterCard debit card and by being actively enrolled in e-statements). 2

4 Foundation Checking There is a monthly service charge of $4.95 for your account. This account comes with a MasterCard Debit Card. Checks are not provided with this account. This account does not earn interest. 3

5 Personal Checking There is a monthly service charge of $15.00 for your account. This fee can be avoided by maintaining one of the following each statement cycle: Maintaining an average monthly balance of $5, OR With combined average monthly balances of $10,000.00* There is a $3.00 fee for paper statements. Acceptance of e-statements will waive this fee. *The combined balance will include the total average monthly balance of your Personal Checking account and the average monthly balance of any additional checking or savings accounts that are owned by you. Accounts must have the same vesting to be considered for combined balance purposes. The following interest rate and corresponding annual percentage yield (APY) table applies to your account. The interest rate and APY for your account depend upon your rate tier. The interest rate and APY for these tiers is variable, and at our discretion may change at any time. The applicable interest rate and APY for the account will be applied to the entire account balance. will be compounded daily and credited to your account monthly. Balance Tier Rate APY $ $2, % 0.020% $2, $99, % 0.050% $100, $249, % 0.080% $250, % 0.100% will begin to accrue on the business date of your deposit. 4

6 MyBOC This account is for students between the ages of 14 to 23. There is no monthly service charge for your account. E-statements are required. MyBOC comes with a MasterCard Debit Card. Checks are not provided with this account. This account does not earn interest. Additional Information Regarding Your Account Foreign ATM fees (fees charged when you use your card at an ATM not owned by Redding Bank of Commerce) will be refunded up to a maximum of $10.00 per month. 5

7 Personal Savings There is a monthly service charge of $5.00 for your account. This fee can be avoided by maintaining one of the following each statement cycle: Maintaining an average monthly balance of $ OR By linking the account to a Redding Bank of Commerce checking account for overdraft protection A $2.00 fee will be assessed for each preauthorized transaction that exceeds 6 during the statement cycle. Transaction Limitations Federal Regulations limit certain types of withdrawals and transfer transactions you can make from a savings or money market account. Transfers from a savings or money market account to another account or to third parties by preauthorized, automatic, overdraft protection transfers, telephone, point of sale (POS) debit card transactions, computer transfers or by a check, draft or similar order to third parties are limited to six (6) per calendar month or statement cycle. We will use the date a transaction is processed by us (as opposed to the day you initiate it) to apply the frequency limitation. If you exceed the transfer limits set by federal regulations, we will notify you in writing. If you continue to exceed transaction limits we are required by law to convert your account to one that is not subject to transaction limits or to close the account. The following interest rate and corresponding annual percentage yield (APY) table applies to your account. The interest rate and APY for your account depend upon your rate tier. The interest rate and APY for these tiers is variable, and at our discretion may change at any time. The applicable interest rate and APY for the account will be applied to the entire account balance. will be compounded daily and credited to your account monthly. Balance Tier Rate APY $ $24, % 0.050% $25, % 0.200% will begin to accrue on the business date of your deposit. 6

8 Youth Savings For youth under 18 years of age. A $2.00 fee will be assessed for each preauthorized transaction that exceeds 6 during the statement cycle. Transaction Limitations Federal Regulations limit certain types of withdrawals and transfer transactions you can make from a savings or money market account. Transfers from a savings or money market account to another account or to third parties by preauthorized, automatic, overdraft protection transfers, telephone, point of sale (POS) debit card transactions, computer transfers or by a check, draft or similar order to third parties are limited to six (6) per calendar month or statement cycle. We will use the date a transaction is processed by us (as opposed to the day you initiate it) to apply the frequency limitation. If you exceed the transfer limits set by federal regulations, we will notify you in writing. If you continue to exceed transaction limits we are required by law to convert your account to one that is not subject to transaction limits or to close the account. The following interest rate and corresponding annual percentage yield (APY) applies to your account. The interest rate and APY is variable, and at our discretion may change at any time. The applicable interest rate and APY for the account will be applied to the entire account balance. will be compounded daily and credited to your account monthly. Rate APY 0.050% 0.050% will begin to accrue on the business date of your deposit. Additional Information Regarding your Account When authorized signers on the account reach 18 years of age, the account will be converted to a different savings account plan offered by Redding Bank of Commerce. We will notify you at the time of this change. 7

9 Personal Money Market There is a monthly service charge of $15.00 for your account. This fee can be avoided by maintaining an average monthly balance of $2, during the statement cycle: A $2.00 fee will be assessed for each preauthorized transaction that exceeds 6 during the statement cycle. Transaction Limitations Federal Regulations limit certain types of withdrawals and transfer transactions you can make from a savings or money market account. Transfers from a savings or money market account to another account or to third parties by preauthorized, automatic, overdraft protection transfers, telephone, point of sale (POS) debit card transactions, computer transfers or by a check, draft or similar order to third parties are limited to six (6) per calendar month or statement cycle. We will use the date a transaction is processed by us (as opposed to the day you initiate it) to apply the frequency limitation. If you exceed the transfer limits set by federal regulations, we will notify you in writing. If you continue to exceed transaction limits we are required by law to convert your account to one that is not subject to transaction limits or to close the account. The following interest rate and corresponding annual percentage yield (APY) table applies to your account. The interest rate and APY for your account depend upon your rate tier. The interest rate and APY for these tiers is variable, and at our discretion may change at any time. The applicable interest rate and APY for the account will be applied to the entire account balance. will be compounded daily and credited to your account monthly. Balance Tier Rate APY $ $2, % 0.050% $2, $99, % 0.080% $100, $249, % 0.150% $250, % 0.150% will begin to accrue on the business date of your deposit. 8

10 Basic Business Checking There is a monthly service charge of $13.00 for your account. This fee can be avoided by maintaining one of the following each statement cycle: Maintaining an average monthly balance of $1, OR With combined average monthly balances of $5,000* There is a $3.00 fee for paper statements. Acceptance of e-statements will waive this fee. *The combined balance will include the total average monthly balance of your Basic Business Checking account and the average monthly balance of any additional checking or savings accounts that are owned by you. Accounts must have the same vesting to be considered for combined balance purposes. Transaction Limitations Account is limited to 250 posted transactions (checks), processed against the account per statement cycle. A $0.25 fee will be assessed on each item over 250. This account does not earn interest. 9

11 Business Select Checking There is a monthly service charge of $25.00 for your account. This fee can be avoided by maintaining one of the following each statement cycle: Maintaining an average monthly balance of $15, OR With combined average monthly balances of $30,000.00* There is a $3.00 fee for paper statements. Acceptance of e-statements will waive this fee. *The combined balance will include the total average monthly balance of your Business Select Checking account and the average monthly balance of any additional checking or savings accounts that are owned by you. Accounts must have the same vesting to be considered for combined balance purposes. Transaction Limitations Account is limited to 400 posted transactions (checks), processed against the account per statement cycle. A $0.25 fee will be assessed on each item over 400. This account does not earn interest. Additional Information Regarding your Account This account includes one of the following services free of charge: Night Drop, small Safe Deposit Box, Business Bill Pay, Target Balance Accounting, or ACH Fraud Filter. See a banking representative for additional details on these services. 10

12 Business Checking There is a monthly service charge of $16.00 for your account. This fee can be avoided by maintaining one of the following each statement cycle: Maintaining an average monthly balance of $5, OR With combined average monthly balances of $10,000.00* There is a $3.00 fee for paper statements. Acceptance of e-statements will waive this fee. *The combined balance will include the total average monthly balance of your Business Checking account and the average monthly balance of any additional checking or savings accounts that are owned by you. Accounts must have the same vesting to be considered for combined balance purposes. Transaction Limitations Account is limited to 250 posted transactions (checks), processed against the account per statement cycle. A $0.25 fee will be assessed on each item over 250. The following interest rate and corresponding annual percentage yield (APY) table applies to your account. The interest rate and APY for your account depend upon your rate tier. The interest rate and APY for these tiers is variable and at our discretion, may change at any time. The applicable interest rate and APY for the account will be applied to the entire account balance. will be compounded daily and credited to your account monthly. Balance Tier Rate APY $ $2, % 0.020% $2, $99, % 0.050% $100, $249, % 0.080% $250, % 0.100% will begin to accrue on the business date of your deposit. 11

13 Business Savings There is a monthly service charge of $5.00 for your account. This fee can be avoided by maintaining an average monthly balance of $ during the statement cuycle. A $2.00 fee will be assessed for each preauthorized transaction that exceeds 6 during the statement cycle. Transaction Limitations Federal Regulations limit certain types of withdrawals and transfer transactions you can make from a savings or money market account. Transfers from a savings or money market account to another account or to third parties by preauthorized, automatic, overdraft protection transfers, telephone, point of sale (POS) debit card transactions, computer transfers or by a check, draft or similar order to third parties are limited to six (6) per calendar month or statement cycle. We will use the date a transaction is processed by us (as opposed to the day you initiate it) to apply the frequency limitation. If you exceed the transfer limits set by federal regulations, we will notify you in writing. If you continue to exceed transaction limits we are required by law to convert your account to one that is not subject to transaction limits or to close the account. The following interest rate and corresponding annual percentage yield (APY) table applies to your account. The interest rate and APY for your account depend upon your rate tier. The interest rate and APY for these tiers is variable, and at our discretion may change at any time. The applicable interest rate and APY for the account will be applied to the entire account balance. will be compounded daily and credited to your account monthly. Balance Tier Rate APY $ $24, % 0.080% $25, % 0.200% will begin to accrue on the business date of your deposit. 12

14 Business Money Market There is a monthly service charge of $15.00 for your account. This fee can be avoided by maintaining an average monthly balance of $2, during the statement cycle. A $2.00 fee will be assessed for each preauthorized transaction that exceeds 6 during the statement cycle. Transaction Limitations Federal Regulations limit certain types of withdrawals and transfer transactions you can make from a savings or money market account. Transfers from a savings or money market account to another account or to third parties by preauthorized, automatic, overdraft protection transfers, telephone, point of sale (POS) debit card transactions, computer transfers or by a check, draft or similar order to third parties are limited to six (6) per calendar month or statement cycle. We will use the date a transaction is processed by us (as opposed to the day you initiate it) to apply the frequency limitation. If you exceed the transfer limits set by federal regulations, we will notify you in writing. If you continue to exceed transaction limits we are required by law to convert your account to one that is not subject to transaction limits or to close the account. The following interest rate and corresponding annual percentage yield (APY) table applies to your account. The interest rate and APY for your account depend upon your rate tier. The interest rate and APY for these tiers is variable, and at our discretion may change at any time. The applicable interest rate and APY for the account will be applied to the entire account balance. will be compounded daily and credited to your account monthly. Balance Tier Rate APY $ $2, % 0.050% $2, $99, % 0.080% $100, $249, % 0.150% $250, % 0.150% will begin to accrue on the business date of your deposit. 13

15 State Bar (IOLTA) There is no monthly service charge for your account. The following interest rate and corresponding annual percentage yield (APY) applies to your account. The interest rate and APY is variable, and at our discretion may change at any time. The applicable interest rate and APY for the account will be applied to the entire account balance. will be compounded daily and credited to your account monthly. Rate APY 0.050% 0.050% will begin to accrue on the business date of your deposit. 14

16 Public Funds Checking There is a monthly service charge of $10.00 for your account. This fee can be avoided by maintaining an average monthly balance of $5, during the statement cycle. There is a $3.00 fee for paper statements. Acceptance of e-statements will waive this fee. The following interest rate and corresponding annual percentage yield (APY) table applies to your account. The interest rate and APY for your account depend upon your rate tier. The interest rate and APY for these tiers is variable, and at our discretion may change at any time. The applicable interest rate and APY for the account will be applied to the entire account balance. will be compounded daily and credited to your account monthly. Balance Tier Rate APY $ $2, % 0.020% $2, $99, % 0.050% $100, $249, % 0.080% $250, % 0.100% will begin to accrue on the business date of your deposit. 15