TRUTH IN SAVINGS DISCLOSURE

Transcription

1 First Covenant Bank PO Box 210 Commerce, GA Terms foowing a appy ony if checked Acct: Community Assocation Checking Acct #: Date: June 12, 2014 The interest rate and annua percentage yied stated beow are accurate as of the date printed above If you woud ike more current rate and yied information pease ca us at This discosure contains the rues which govern your deposit account Uness it woud be inconsistent to do so, words and phrases used in this discosure shoud be construed so that the singuar incudes the pura and the pura incudes the singuar We reserve the right to at any time require not ess than days notice in writing before any withdrawa from an interest bearing account The interest rate for your account is % with an annua percentage yied of % We wi pay this rate We wi not decrease this rate uness we first give you at east 30 days notice in writing The interest rate and annua percentage yied for your account depend upon the appicabe rate tier We wi pay these rates We wi not decrease these rates uness we first give you at east 30 days notice in writing FIXED RATE VARIABLE RATE The interest rate for your account is % with an annua percentage yied of % Your interest rate and annua percentage yied may change The interest rate and annua percentage yied for your account depend upon the appicabe rate tier The interest rate and annua percentage yied for these tiers may change Determination of rate At our discretion, we may change the interest rate on your account The interest rate for your account The fixed initia rate is not determined by this rue The initia interest rate on your account Subsequent rates TRUTH IN SAVINGS DISCLOSURE We may change the interest rate on your account Your initia interest rate wi not change We may change the interest rate on your account at that time and thereafter The interest rate for your account wi not by more than each The interest rate wi not be ess than % or more than % The interest rate wi not the interest rate initiay discosed to you To open the account You must deposit at east $ to open this account Frequency of rate change Limitations on rate changes Minimum Baance Requirements To avoid imposition of fees To avoid the imposition of the you must meet foowing requirements: A of $ wi be imposed every if the baance in the account fas beow $ any day of the A of $ wi be imposed every if the average daiy baance for the fas beow $ The average daiy baance is cacuated by adding the principa in the account for each day of the period and dividing that figure by the number of days in the period The period we use is To avoid the imposition of the must meet you foowing requirements: A of $ wi be imposed for transaction (withdrawa, check paid, automatic transfer or payment out of your account) if the baance in the account fas beow $ any day of the A of $ wi be imposed for transaction (withdrawa, check paid, automatic transfer or payment out of your account) if the average daiy baance for the fas beow Truth in Savings Discosure TSD 7/15/2011 DCN: A6218A07F8288B16E50C15F28166B42C Woters Kuwer Financia Services 1992, 2011 Page 1 of 2 -

2 $ The average daiy baance is cacuated by adding the principa in the account for each day of the period and dividing that figure by the number of days in the period The period we use is To obtain the annua percentage yied discosed You must maintain a minimum baance of $ in the account each day to obtain the discosed annua percentage yied You must maintain a minimum average daiy baance of $ to obtain the discosed annua percentage yied The average daiy baance is cacuated by adding the principa in the account for each day of the period and dividing that figure by the number of days in the period Transaction Limitations The minimum amount you may deposit is $ The minimum amount you may withdraw is $ During any, you may not make more than withdrawas or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or teephone order or instruction, computer transfer, or by check, draft, debit card or simiar order to a third party The period we use is Compounding and Crediting Frequency - Interest be compounded Interest wi be Effect of cosing an account - If you cose your account before interest is credited, you receive the accrued interest Baance Computation Method Daiy Baance Method We use the daiy baance method to cacuate the interest on your account This method appies a daiy periodic rate to the principa in the account each day Average Daiy Baance Method We use the average daiy baance method to cacuate interest on your account This method appies a periodic rate to the average daiy baance in the account for the period The average daiy baance is cacuated by adding the principa in the account for each day of the period and dividing that figure by the number of days in the period The period we use is Accrua of interest on noncash deposits Interest begins to accrue no ater than the business day we receive credit for the deposit of noncash items (for exampe, checks) You may ony make statement cyce You may ony make ATM your account each statement cyce your account each statement cyce Additiona Terms deposits into your account each You may ony make preauthorized transfers Interest begins to accrue you deposit noncash items (for exampe, checks) Bonuses You wi as a bonus You must maintain a minimum of $ to obtain the bonus To earn the bonus, Truth in Savings Discosure DCN: A6218A07F8288B16E50C15F28166B42C Woters Kuwer Financia Services 1992, TSD 7/15/2011 Page 2 of 2

3 Terms and Conditions of Your Account Agreement This document, aong with any other documents we give you pertaining to your account(s), is a contract that estabishes rues which contro your account(s) with us Pease read this carefuy and retain it for future reference If you sign the signature card or open or continue to use the account, you agree to these rues You wi receive a separate schedue of rates, quaifying baances, and fees if they are not incuded in this document If you have any questions, pease ca us This agreement is subject to appicabe federa aws, the aws of the state of Georgia and other appicabe rues such as the operating etters of the Federa Reserve Banks and payment processing system rues (except to the extent that this agreement can and does vary such rues or aws) The body of state and federa aw that governs our reationship with you, however, is too arge and compex to be reproduced here The purpose of this document is to: 1 summarize some aws that appy to common transactions; 2 estabish rues to cover transactions or events which the aw does not reguate; 3 estabish rues for certain transactions or events which the aw reguates but permits variation by agreement; and 4 give you discosures of some of our poicies to which you may be entited or in which you may be interested If any provision of this document is found to be unenforceabe according to its terms, a remaining provisions wi continue in fu force and effect We may permit some variations from our standard agreement, but we must agree to any variation in writing either on the signature card for your account or in some other document As used in this document the words "we," "our," and "us" mean the financia institution and the words "you" and "your" mean the account hoder(s) and anyone ese with the authority to deposit, withdraw, or exercise contro over the funds in the account However, this agreement does not intend, and the terms "you" and "your" shoud not be interpreted, to expand an individua's responsibiity for an organization's iabiity If this account is owned by a corporation, partnership or other organization, individua iabiity is determined by the aws generay appicabe to that type of organization The headings in this document are for convenience or reference ony and wi not govern the interpretation of the provisions Uness it woud be inconsistent to do so, words and phrases used in this document shoud be construed so the singuar incudes the pura and the pura incudes the singuar Liabiity You agree, for yoursef (and the person or entity you represent if you sign as a representative of another) to the terms of this account and the schedue of charges You authorize us to deduct these charges, without notice to you, directy from the account baance as accrued You wi pay any additiona reasonabe charges for services you request which are not covered by this agreement Each of you aso agrees to be jointy and severay (individuay) iabe for any account shortage resuting from charges or overdrafts, whether caused by you or another with access to this account This iabiity is due immediatey, and can be deducted directy from the account baance whenever sufficient funds are avaiabe You have no right to defer payment of this iabiity, and you are iabe regardess of whether you signed the item or benefited from the charge or overdraft You wi be iabe for our costs as we as for our reasonabe attorneys' fees, to the extent permitted by aw, whether incurred as a resut of coection or in any other dispute invoving your account This incudes, but is not imited to, disputes between you and another joint owner; you and an authorized signer or simiar party; or a third party caiming an interest in your account This aso incudes any action that you or a third party takes regarding the account that causes us, in good faith, to seek the advice of an attorney, whether or not we become invoved in the dispute A costs and attorneys' fees can be deducted from your account when they are incurred, without notice to you Deposits We wi give ony provisiona credit unti coection is fina for any items, other than cash, we accept for deposit (incuding items drawn "on us") Before settement of any item becomes fina, we act ony as your agent, regardess of the form of indorsement or ack of indorsement on the item and even though we provide you provisiona credit for the item We may reverse any provisiona credit for items that are ost, stoen, or returned Actua credit for deposits of, or payabe in, foreign currency wi be at the exchange rate in effect on fina coection in US doars We are not responsibe for transactions by mai or outside depository unti we actuay record them We wi treat and record a transactions received after our "daiy cutoff time" on a business day we are open, or received on a day we are not open for business, as if initiated on the next business day that we are open At our option, we may take an item for coection rather than for deposit If we accept a third-party check for deposit, we may require any third-party indorsers to verify or guarantee their indorsements, or indorse in our presence Withdrawas Generay Uness ceary indicated otherwise on the account records, any of you, acting aone, who signs to open the account or has authority to make withdrawas may withdraw or transfer a or any part of the account baance at any time Each of you (unti we receive written notice to the contrary) authorizes each other person who signs or has authority to make withdrawas to indorse any item payabe to you or your order for deposit to this account or any other transaction with us Terms and Conditions-GA TC-GA 6/30/2013 Woters Kuwer Financia Services , 2012 Page 1 of 7 DCN: 4BDDD0A3043AF9119E1FCF49C359E956

4 Postdated Checks A postdated check is one which bears a date ater than the date on which the check is written We may propery pay and charge your account for a postdated check even though payment was made before the date of the check, uness we have received written notice of the postdating in time to have a reasonabe opportunity to act Because we process checks mechanicay, your notice wi not be effective and we wi not be iabe for faiing to honor your notice uness it precisey identifies the number, date, amount and payee of the item Checks and Withdrawa Rues If you do not purchase your check banks from us, you must be certain that we approve the check banks you purchase We may refuse any withdrawa or transfer request which you attempt on forms not approved by us or by any method we do not specificay permit We may refuse any withdrawa or transfer request which is greater in number than the frequency permitted, or which is for an amount greater or ess than any withdrawa imitations We wi use the date the transaction is competed by us (as opposed to the date you initiate it) to appy the frequency imitations In addition, we may pace imitations on the account unti your identity is verified Even if we honor a nonconforming request, we are not required to do so ater If you vioate the stated transaction imitations (if any), in our discretion we may cose your account or recassify it as a transaction account If we recassify your account, your account wi be subject to the fees and earnings rues of the new account cassification If we are presented with an item drawn against your account that woud be a "substitute check," as defined by aw, but for an error or defect in the item introduced in the substitute check creation process, you agree that we may pay such item See the funds avaiabiity poicy discosure for information about when you can withdraw funds you deposit For those accounts to which our funds avaiabiity poicy discosure does not appy, you can ask us when you make a deposit when those funds wi be avaiabe for withdrawa We may determine the amount of avaiabe funds in your account for the purpose of deciding whether to return an item for insufficient funds at any time between the time we receive the item and when we return the item or send a notice in ieu of return We need ony make one determination, but if we choose to make a subsequent determination, the account baance at the subsequent time wi determine whether there are insufficient avaiabe funds Overdrafts You understand that we may, at our discretion, honor withdrawa requests that overdraw your account However, the fact that we may honor withdrawa requests that overdraw the account baance does not obigate us to do so ater So you can NOT rey on us to pay overdrafts on your account regardess of how frequenty or under what circumstances we have paid overdrafts on your account in the past We can change our practice of paying overdrafts on your account without notice to you You can ask us if we have other account services that might be avaiabe to you where we commit to paying overdrafts under certain circumstances, such as an overdraft protection ine-of-credit or a pan to sweep funds from another account you have with us You agree that we may charge fees for overdrafts For consumer accounts, we wi not charge fees for overdrafts caused by ATM withdrawas or one-time debit card transactions if you have not opted-in to that service We may use subsequent deposits, incuding direct deposits of socia security or other government benefits, to cover such overdrafts and overdraft fees Mutipe Signatures, Eectronic Check Conversion, and Simiar Transactions An eectronic check conversion transaction is a transaction where a check or simiar item is converted into an eectronic fund transfer as defined in the Eectronic Fund Transfers reguation In these types of transactions the check or simiar item is either removed from circuation (truncated) or given back to you As a resut, we have no opportunity to review the check to examine the signatures on the item You agree that, as to these or any items as to which we have no opportunity to examine the signatures, you waive any requirement of mutipe signatures Notice of Withdrawa We reserve the right to require not ess than 7 days' notice in writing before each withdrawa from an interest-bearing account other than a time deposit, or from any other savings account as defined by Reguation D (The aw requires us to reserve this right, but it is not our genera poicy to use it) Withdrawas from a time account prior to maturity or prior to any notice period may be restricted and may be subject to penaty See your notice of penaty for eary withdrawa Ownership of Account and Beneficiary Designation These rues appy to this account depending on the form of ownership and beneficiary designation, if any, specified on the account records We make no representations as to the appropriateness or effect of the ownership and beneficiary designations, except as they determine to whom we pay the account funds Individua Account This is an account in the name of one person Joint Account - With Survivorship (And Not As Tenants In Common) This is an account in the name of two or more persons Each of you intend that when you die the baance in the account (subject to any previous pedge to which we have agreed) wi beong to the survivor(s) If two or more of you survive, you wi own the baance in the account as joint tenants with survivorship and not as tenants in common Terms and Conditions-GA TC-GA 6/30/2013 Woters Kuwer Financia Services , 2012 Page 2 of 7 DCN: 4BDDD0A3043AF9119E1FCF49C359E956

5 Joint Account - No Survivorship (As Tenants In Common) This is owned by two or more persons, but none of you intend (merey by opening this account) to create any right of survivorship in any other person We encourage you to agree and te us in writing of the percentage of the deposit contributed by each of you This information wi not, however, affect the "number of signatures" necessary for withdrawa Revocabe Trust or Pay-on-Death Account If two or more of you create this type of account, you own the account jointy with survivorship Beneficiaries cannot withdraw uness: (1) a persons creating the account die, and (2) the beneficiary is then iving If two or more beneficiaries are named and survive the death of a persons creating the account, beneficiaries wi own this account in equa shares, without right of survivorship The person(s) creating either of these account types may: (1) change beneficiaries, (2) change account types, and (3) withdraw a or part of the account funds at any time Business, Organization and Association Accounts Earnings in the form of interest, dividends, or credits wi be paid ony on coected funds, uness otherwise provided by aw or our poicy You represent that you have the authority to open and conduct business on this account on behaf of the entity We may require the governing body of the entity opening the account to give us a separate authorization teing us who is authorized to act on its behaf We wi honor the authorization unti we actuay receive written notice of a change from the governing body of the entity Stop Payments Uness otherwise provided, the rues in this section cover stopping payment of items such as checks and drafts Rues for stopping payment of other types of transfers of funds, such as consumer eectronic fund transfers, may be estabished by aw or our poicy If we have not discosed these rues to you esewhere, you may ask us about those rues We may accept an order to stop payment on any item from any one of you You must make any stop-payment order in the manner required by aw and we must receive it in time to give us a reasonabe opportunity to act on it before our stop-payment cutoff time Because stop-payment orders are handed by computers, to be effective, your stop-payment order must precisey identify the number, date, and amount of the item, and the payee You may stop payment on any item drawn on your account whether you sign the item or not Generay, if your stoppayment order is given to us in writing it is effective for six months Your order wi apse after that time if you do not renew the order in writing before the end of the six-month period If the origina stop-payment order was verba your stop-payment order wi apse after 14 caendar days if you do not confirm your order in writing within that time period We are not obigated to notify you when a stoppayment order expires A reease of the stop-payment request may be made ony by the person who initiated the stop-payment order If you stop payment on an item and we incur any damages or expenses because of the stop payment, you agree to indemnify us for those damages or expenses, incuding attorneys' fees You assign to us a rights against the payee or any other hoder of the item You agree to cooperate with us in any ega actions that we may take against such persons You shoud be aware that anyone hoding the item may be entited to enforce payment against you despite the stop-payment order Our stop-payment cutoff time is one hour after the opening of the next banking day after the banking day on which we receive the item Additiona imitations on our obigation to stop payment are provided by aw (eg, we paid the item in cash or we certified the item) Teephone Transfers A teephone transfer of funds from this account to another account with us, if otherwise arranged for or permitted, may be made by the same persons and under the same conditions generay appicabe to withdrawas made in writing Uness a different imitation is discosed in writing, we restrict the number of transfers from a savings account to another account or to third parties, to a maximum of six per month (ess the number of "preauthorized transfers" during the month) Other account transfer restrictions may be described esewhere Amendments and Termination We may change any term of this agreement Rues governing changes in interest rates are provided separatey in the Truth-in-Savings discosure or in another document For other changes, we wi give you reasonabe notice in writing or by any other method permitted by aw We may aso cose this account at any time upon reasonabe notice to you and tender of the account baance personay or by mai Items presented for payment after the account is cosed may be dishonored When you cose your account, you are responsibe for eaving enough money in the account to cover any outstanding items to be paid from the account Reasonabe notice depends on the circumstances, and in some cases such as when we cannot verify your identity or we suspect fraud, it might be reasonabe for us to give you notice after the change or account cosure becomes effective For instance, if we suspect frauduent activity with respect to your account, we might immediatey freeze or cose your account and then give you notice You agree to keep us informed of your current address at a times Notice from us to any one of you is notice to a of you If we have notified you of a change in any term of your account and you continue to have your account after the effective date of the change, you have agreed to the new term(s) Statements Your Duty to Report Unauthorized Signatures, Aterations and Forgeries You must examine your statement of account with "reasonabe promptness" If you discover (or reasonaby shoud have discovered) any unauthorized signatures or aterations, you must Terms and Conditions-GA TC-GA 6/30/2013 Woters Kuwer Financia Services , 2012 Page 3 of 7 DCN: 4BDDD0A3043AF9119E1FCF49C359E956

6 prompty notify us of the reevant facts As between you and us, if you fai to do either of these duties, you wi have to either share the oss with us, or bear the oss entirey yoursef (depending on whether we used ordinary care and, if not, whether we substantiay contributed to the oss) The oss coud be not ony with respect to items on the statement but other items with unauthorized signatures or aterations by the same wrongdoer You agree that the time you have to examine your statement and report to us wi depend on the circumstances, but wi not, in any circumstance, exceed a tota of 30 days from when the statement is first sent or made avaiabe to you You further agree that if you fai to report any unauthorized signatures, aterations or forgeries in your account within 60 days of when we first send or make the statement avaiabe, you cannot assert a caim against us on any items in that statement, and as between you and us the oss wi be entirey yours This 60-day imitation is without regard to whether we used ordinary care The imitation in this paragraph is in addition to that contained in the first paragraph of this section Your Duty to Report Other Errors In addition to your duty to review your statements for unauthorized signatures, aterations and forgeries, you agree to examine your statement with reasonabe promptness for any other error - such as an encoding error You agree that the time you have to examine your statement and report to us wi depend on the circumstances However, such time period sha not exceed 60 days Faiure to examine your statement and report any such errors to us within 60 days of when we first send or make the statement avaiabe precudes you from asserting a caim against us for any such errors on items identified in that statement and as between you and us the oss wi be entirey yours Errors Reating to Eectronic Fund Transfers or Substitute Checks (For consumer accounts ony) For information on errors reating to eectronic fund transfers (eg, computer, debit card or ATM transactions) refer to your Eectronic Fund Transfers discosure and the sections on consumer iabiity and error resoution For information on errors reating to a substitute check you received, refer to your discosure entited Substitute Checks and Your Rights Direct Deposits If we are required for any reason to reimburse the federa government for a or any portion of a benefit payment that was directy deposited into your account, you authorize us to deduct the amount of our iabiity to the US Government from the account or from any other account you have with us, without prior notice and at any time, except as prohibited by aw We may aso use any other ega remedy to recover the amount of our iabiity Temporary Account Agreement If this option is seected, this is a temporary account agreement Each person who signs to open the account or has authority to make withdrawas (except as indicated to the contrary) may transact business on this account However, we may at some time in the future restrict or prohibit further use of this account if you fai to compy with the requirements we have imposed within a reasonabe time Set-Off We may (without prior notice and when permitted by aw) set off the funds in this account against any due and payabe debt you owe us now or in the future, by any of you having the right of withdrawa, to the extent of such persons' or ega entity's right to withdraw If the debt arises from a note, "any due and payabe debt" incudes the tota amount of which we are entited to demand payment under the terms of the note at the time we set off, incuding any baance the due date for which we propery acceerate under the note This right of set-off does not appy to this account if prohibited by aw For exampe, the right of set-off does not appy to this account if: (a) it is an Individua Retirement Account or simiar tax-deferred account, or (b) the debt is created by a consumer credit transaction under a credit card pan (but this does not affect our rights under any consensua security interest), or (c) the debtor's right of withdrawa ony arises in a representative capacity We wi not be iabe for the dishonor of any check when the dishonor occurs because we set off a debt against this account You agree to hod us harmess from any caim arising as a resut of our exercise of our right of set-off Check Processing We process items mechanicay by reying soey on the information encoded in magnetic ink aong the bottom of the items This means that we do not individuay examine a of your items to determine if the item is propery competed, signed and indorsed or to determine if it contains any information other than what is encoded in magnetic ink You agree that we have not faied to exercise ordinary care soey because we use our automated system to process items and do not inspect a items processed in such a manner Using an automated process heps us keep costs down for you and a account hoders Check Cashing We may charge a fee for anyone that does not have an account with us who is cashing a check, draft or other instrument written on your account We may aso require reasonabe identification to cash such a check, draft or other instrument We can decide what identification is reasonabe under the circumstances and such identification may be documentary or physica and may incude coecting a thumbprint or fingerprint Truncation, Substitute Checks, and Other Check Images If you truncate an origina check and create a substitute check, or other paper or eectronic image of the origina check, you warrant that no one wi be asked to make payment on the origina check, a substitute check or any other eectronic or paper image, if the payment Terms and Conditions-GA TC-GA 6/30/2013 Woters Kuwer Financia Services , 2012 Page 4 of 7 DCN: 4BDDD0A3043AF9119E1FCF49C359E956

7 obigation reating to the origina check has aready been paid You aso warrant that any substitute check you create conforms to the ega requirements and generay accepted specifications for substitute checks You agree to retain the origina check in conformance with our interna poicy for retaining origina checks You agree to indemnify us for any oss we may incur as a resut of any truncated check transaction you initiate We can refuse to accept substitute checks that have not previousy been warranted by a bank or other financia institution in conformance with the Check 21 Act Uness specificay stated in a separate agreement between you and us, we do not have to accept any other eectronic or paper image of an origina check Remotey Created Checks Like any standard check or draft, a remotey created check (sometimes caed a teecheck, preauthorized draft or demand draft) is a check or draft that can be used to withdraw money from an account Unike a typica check or draft, however, a remotey created check is not issued by the paying bank and does not contain the signature of the account owner (or a signature purported to be the signature of the account owner) In pace of a signature, the check usuay has a statement that the owner authorized the check or has the owner's name typed or printed on the signature ine For exampe, if a person provides an account number in response to a teephone soicitation, the teephone soicitor can use the account number to issue a remotey created check to withdraw money from that account You warrant and agree to the foowing for every remotey created check we receive from you for deposit or coection: (1) you have received express and verifiabe authorization to create the check in the amount and to the payee that appears on the check; (2) you wi maintain proof of the authorization for at east 2 years from the date of the authorization, and suppy us the proof if we ask; and (3) if a check is returned you owe us the amount of the check, regardess of when the check is returned We may take funds from your account to pay the amount you owe us, and if there are insufficient funds in your account, you sti owe us the remaining baance Unawfu Internet Gambing Notice Restricted transactions as defined in Federa Reserve Reguation GG are prohibited from being processed through this account or reationship Restricted transactions generay incude, but are not imited to, those in which credit, eectronic fund transfers, checks, or drafts are knowingy accepted by gambing businesses in connection with the participation by others in unawfu Internet gambing ACH and Wire Transfers This agreement is subject to Artice 4A of the Uniform Commercia Code - Fund Transfers as adopted in the state in which you have your account with us If you originate a fund transfer and you identify by name and number a beneficiary financia institution, an intermediary financia institution or a beneficiary, we and every receiving or beneficiary financia institution may rey on the identifying number to make payment We may rey on the number even if it identifies a financia institution, person or account other than the one named You agree to be bound by automated cearing house association rues These rues provide, among other things, that payments made to you, or originated by you, are provisiona unti fina settement is made through a Federa Reserve Bank or payment is otherwise made as provided in Artice 4A-403(a) of the Uniform Commercia Code If we do not receive such payment, we are entited to a refund from you in the amount credited to your account and the party originating such payment wi not be considered to have paid the amount so credited If we receive a payment order to credit an account you have with us by wire or ACH, we are not required to give you any notice of the payment order or credit Facsimie Signatures Uness you make advance arrangements with us, we have no obigation to honor facsimie signatures on your checks or other orders If we do agree to honor items containing facsimie signatures, you authorize us, at any time, to charge you for a checks, drafts, or other orders, for the payment of money, that are drawn on us You give us this authority regardess of by whom or by what means the facsimie signature(s) may have been affixed so ong as they resembe the facsimie signature specimen fied with us, and contain the required number of signatures for this purpose You must notify us at once if you suspect that your facsimie signature is being or has been misused Authorized Signer (Individua Accounts ony) A singe individua is the owner The authorized signer is merey designated to conduct transactions on the owner's behaf The owner does not give up any rights to act on the account, and the authorized signer may not in any manner affect the rights of the owner or beneficiaries, if any, other than by withdrawing funds from the account The owner is responsibe for any transactions of the authorized signer We undertake no obigation to monitor transactions to determine that they are on the owner's behaf The owner may terminate the authorization at any time, and the authorization is automaticay terminated by the death of the owner However, we may continue to honor the transactions of the authorized signer unti: (a) we have received written notice or have actua knowedge of the termination of authority, and (b) we have a reasonabe opportunity to act on that notice or knowedge We may refuse to accept the designation of an authorized signer Restrictive Legends The automated processing of the arge voume of checks we receive prevents us from inspecting or ooking for specia instructions or "restrictive egends" on every check Exampes of restrictive egends paced on checks are "must be presented within 90 days" or "not vaid for more than $1,00000" For this reason, we are not required to honor any restrictive egend paced on checks you write uness we have agreed in writing to the restriction We are not responsibe for any osses, caims, damages, or expenses that resut from your pacement of these or other specia instructions on your checks Terms and Conditions-GA TC-GA 6/30/2013 Woters Kuwer Financia Services , 2012 Page 5 of 7 DCN: 4BDDD0A3043AF9119E1FCF49C359E956

8 Account Transfer This account may not be transferred or assigned without our prior written consent Indorsements We may accept for deposit any item payabe to you or your order, even if they are not indorsed by you We may give cash back to any one of you We may suppy any missing indorsement(s) for any item we accept for deposit or coection, and you warrant that a indorsements are genuine To ensure that your check or share draft is processed without deay, you must indorse it (sign it on the back) in a specific area Your entire indorsement (whether a signature or a stamp) aong with any other indorsement information (eg, additiona indorsements, ID information, driver's icense number, etc) must fa within 1 1/2" of the "traiing edge" of a check Indorsements must be made in bue or back ink, so that they are readabe by automated check processing equipment As you ook at the front of a check, the "traiing edge" is the eft edge When you fip the check over, be sure to keep a indorsement information within 1 1/2" of that edge It is important that you confine the indorsement information to this area since the remaining bank space wi be used by others in the processing of the check to pace additiona needed indorsements and information You agree that you wi indemnify, defend, and hod us harmess for any oss, iabiity, damage or expense that occurs because your indorsement, another indorsement, or information you have printed on the back of the check obscures our indorsement These indorsement guideines appy to both persona and business checks Death or Incompetence You agree to notify us prompty if any person with a right to withdraw funds from your account(s) dies or becomes egay incompetent We may continue to honor your checks, items, and instructions unti: (a) we know of your death or incompetence, and (b) we have had a reasonabe opportunity to act on that knowedge You agree that we may pay or certify checks drawn on or before the date of death or ega incompetence for up to ten (10) days after your death or ega incompetence uness ordered to stop payment by someone caiming an interest in the account Fiduciary Accounts Accounts may be opened by a person acting in a fiduciary capacity A fiduciary is someone who is appointed to act on behaf of and for the benefit of another This account may be opened and maintained by a person or persons named as a trustee under a written trust agreement, or as executors, administrators, or conservators under court orders You understand that by merey opening such an account, we are not acting in the capacity of a trustee in connection with the trust nor do we undertake any obigation to monitor or enforce the terms of the trust or etters Credit Verification You agree that we may verify credit and empoyment history by any necessary means, incuding preparation of a credit report by a credit reporting agency Lega Actions Affecting Your Account If we are served with a subpoena, restraining order, writ of attachment or execution, evy, garnishment, search warrant, or simiar order reating to your account (termed "ega action" in this section), we wi compy with that ega action Or, in our discretion, we may freeze the assets in the account and not aow any payments out of the account unti a fina court determination regarding the ega action We may do these things even if the ega action invoves ess than a of you In these cases, we wi not have any iabiity to you if there are insufficient funds to pay your items because we have withdrawn funds from your account or in any way restricted access to your funds in accordance with the ega action Any fees or expenses we incur in responding to any ega action (incuding, without imitation, attorneys' fees and our interna expenses) may be charged against your account The ist of fees appicabe to your account(s) provided esewhere may specify additiona fees that we may charge for certain ega actions Security It is your responsibiity to protect the account numbers and eectronic access devices (eg, an ATM card) we provide you for your account(s) Do not discuss, compare, or share information about your account number(s) with anyone uness you are wiing to give them fu use of your money An account number can be used by thieves to encode your number on a fase demand draft which ooks ike and functions ike an authorized check If you furnish your access device and grant actua authority to make transfers to another person (a famiy member or coworker, for exampe) who then exceeds that authority, you are iabe for the transfers uness we have been notified that transfers by that person are no onger authorized Your account number can aso be used to eectronicay remove money from your account If you provide your account number in response to a teephone soicitation for the purpose of making a transfer (to purchase a service or merchandise, for exampe), payment can be made from your Terms and Conditions-GA TC-GA 6/30/2013 Woters Kuwer Financia Services , 2012 Page 6 of 7 DCN: 4BDDD0A3043AF9119E1FCF49C359E956

9 account even though you did not contact us directy and order the payment You must aso take precaution in safeguarding your bank checks Notify us at once if you beieve your checks have been ost or stoen As between you and us, if you are negigent in safeguarding your checks, you must bear the oss entirey yoursef or share the oss with us (we may have to share some of the oss if we faied to use ordinary care and if we substantiay contributed to the oss) You agree that if we offer you services appropriate for your account to hep identify and imit fraud or other unauthorized transactions against your account, such as positive pay or commerciay reasonabe security procedures, and you reject those services, you wi be responsibe for any frauduent or unauthorized transactions which coud have been prevented by the services we offered, uness we acted in bad faith or to the extent our negigence contributed to the oss Teephonic Instructions Uness required by aw or we have agreed otherwise in writing, we are not required to act upon instructions you give us via facsimie transmission or eave by voice mai or on a teephone answering machine Caim of Loss If you caim a credit or refund because of a forgery, ateration, or any other unauthorized withdrawa, you agree to cooperate with us in the investigation of the oss, incuding giving us an affidavit containing whatever reasonabe information we require concerning your account, the transaction, and the circumstances surrounding the oss You wi notify aw enforcement authorities of any crimina act reated to the caim of ost, missing, or stoen checks or unauthorized withdrawas We wi have a reasonabe period of time to investigate the facts and circumstances surrounding any caim of oss Uness we have acted in bad faith, we wi not be iabe for specia or consequentia damages, incuding oss of profits or opportunity, or for attorneys' fees incurred by you You agree that you wi not waive any rights you have to recover your oss against anyone who is obigated to repay, insure, or otherwise reimburse you for your oss You wi pursue your rights or, at our option, assign them to us so that we may pursue them Our iabiity wi be reduced by the amount you recover or are entited to recover from these other sources Eary Withdrawa Penaties (and invountary withdrawas) We may impose eary withdrawa penaties on a withdrawa from a time account even if you don't initiate the withdrawa For instance, the eary withdrawa penaty may be imposed if the withdrawa is caused by our setoff against funds in the account or as a resut of an attachment or other ega process We may cose your account and impose the eary withdrawa penaty on the entire account baance in the event of a partia eary withdrawa See your notice of penaty for eary withdrawas for additiona information Address or Name Changes You are responsibe for notifying us of any change in your address or your name Uness we agree otherwise, change of address or name must be made in writing by at east one of the account hoders Informing us of your address or name change on a check reorder form is not sufficient We wi attempt to communicate with you ony by use of the most recent address you have provided to us If provided esewhere, we may impose a service fee if we attempt to ocate you Resoving Account Disputes We may pace an administrative hod on the funds in your account (refuse payment or withdrawa of the funds) if it becomes subject to a caim adverse to (1) your own interest; (2) others caiming an interest as survivors or beneficiaries of your account; or (3) a caim arising by operation of aw The hod may be paced for such period of time as we beieve reasonaby necessary to aow a ega proceeding to determine the merits of the caim or unti we receive evidence satisfactory to us that the dispute has been resoved We wi not be iabe for any items that are dishonored as a consequence of pacing a hod on funds in your account for these reasons Waiver of Notices You waive any notice of non-payment, dishonor or protest regarding any items credited to or charged against your account Additiona Terms See Arbitration Agreement Addendum Terms and Conditions-GA TC-GA 6/30/2013 Woters Kuwer Financia Services , 2012 Page 7 of 7 DCN: 4BDDD0A3043AF9119E1FCF49C359E956

10 Arbitration Agreement Addendum ARBITRATION AGREEMENT YOU HAVE THE RIGHT TO REJECT THIS ARBITRATION AGREEMENT AS SET FORTH BELOW If you do not reject this arbitration agreement, for a Caim subject to arbitration, neither you nor we wi have the right to: (1) have a court or a jury decide the Caim; (2) engage in information-gathering (discovery) to the same extent as in court; (3) participate in a cass action in court or in arbitration; or (4) joint or consoidate a Caim with caims of any other person The right to appea is more imited in arbitration than in court, and other rights in court may be unavaiabe or imited in arbitration Caims Subject to Arbitration A "Caim" subject to arbitration is any caim, dispute, or controversy between you and us, whether preexisting, present, or future, that arises out of or reates to your account, these rues and reguations, or any transaction conducted with us in connection with your account or these rues and reguations "Caim" has the broadest possibe meaning and incudes initia caims; countercaims; cross-caims; third-party caims; and federa, state, oca, and administrative caims It incudes disputes based upon contract, tort, consumer rights, fraud and other intentiona torts, constitution, statute, reguation, ordinance, common aw, and equity It incudes caims for money damages and injunctive or decaratory reief It incudes any Caim invoving our current and former officers, directors, empoyees, agents, representatives, contractors, subcontractors, parent, subsidiaries, affiiates, successors, assigns, and any third party that assigned any agreements to us and any of the respective current and former empoyees, officers, agents, or directors of such affiiates or third parties Upon the demand of you or us, Caim(s) wi be resoved by individua (not cass or cass-wide) binding arbitration in accordance with the terms specified in this arbitration agreement If we become a party in any awsuit that you have with any third party, whether through intervention by us or by motion or peading made by you or any third party, we may eect to have a caims in that awsuit between you and such third party be resoved by binding arbitration under this arbitration agreement Notwithstanding the foregoing, each party has the option of fiing an action in sma caims court or your state's equivaent court; however, if a Caim is transferred, removed, or appeaed to a different court, we have the right to demand arbitration of the Caim Federa Arbitration Act Notwithstanding any choice of aw or other provision in these rues and reguations, the parties agree and acknowedge that this agreement evidences a transaction invoving interstate commerce and that the Federa Arbitration Act (Tite 9 of the United States Code) (the "FAA") sha govern its interpretation and enforcement and proceedings pursuant thereto To the extent state aw is appicabe under the FAA, the aw of the state of Georgia sha appy Cass Action Waiver Notwithstanding any other provision of these rues and reguations, if either you or we eect to arbitrate a Caim, neither you nor we wi have the right: (a) to participate in a cass action, private attorney genera action, or other representative action in court or in arbitration, either as a cass representative or cass member; or (b) to join or consoidate Caims with caims of any other persons No arbitration sha be conducted, and no arbitrator(s) sha have authority to conduct, any arbitration in vioation of this provision The parties to these rues and reguations acknowedge that the Cass Action Waiver is materia and essentia to the arbitration of any disputes between the parties and is nonseverabe from this arbitration agreement If the Cass Action Waiver is imited, voided, or found to be unenforceabe as to any Caim(s), then the parties' arbitration agreement (except this sentence) sha be nu and void with respect to such Caim(s) (but not as to any other Caim(s) that have been or are ater brought), subject to the right to appea the imitation or invaidation of the Cass Action Waiver The parties acknowedge and agree that under no circumstances wi a cass action be arbitrated Arbitration Procedures The arbitration wi be administered by the American Arbitration Association ( "AAA"), 1633 Broadway, 10th Foor, New York, NY 10019, wwwadrorg, , or JAMS, 1920 Main Street, Suite 300, Irvine, CA 92614, wwwjamsadrcom, The rues and forms of AAA and JAMS may be obtained by contacting AAA or JAMS at the addresses isted above If AAA and JAMS are unwiing to serve as administrator, the parties may agree upon another administrator If the parties are unabe to agree, a court sha determine the administrator No company may serve as administrator if it adopts or has in pace any forma or informa poicy that is inconsistent with and purports to override the terms of this arbitration agreement, uness a parties consent In the event of a confict between the provisions of this arbitration agreement and any appicabe rues of AAA or JAMS or other administrator, the provisions of this arbitration agreement sha contro A singe arbitrator wi be appointed by the administrator and, uness the parties agree otherwise, must be a practicing attorney with ten or more years of experience or a retired judge The arbitrator wi not be bound by judicia rues of procedure and evidence that woud appy in court, nor by state or oca aws that reate to arbitration provisions or proceedings The arbitrator wi honor and enforce statutes of imitation and caims of priviege recognized under the aw of the state of Georgia In determining iabiity or awarding damages or other reief, the arbitrator wi foow substantive aws of the state of Georgia, consistent with these rues and reguations and the FAA The arbitrator may award any damages or other reief or remedies permitted by the aw of the state of Georgia For Caim(s) that tota ess than $10,000, you wi be responsibe for paying one-haf of the arbitrator's fees up to a maximum of $125, and we wi pay a other arbitrator's fees and costs imposed by the administrator of the arbitration For Caim(s) Active v1