Business Checking Accounts*

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1 YOUR SATISFACTION MATTERS Business s* Our goal is to convert your current business checking account to a new First Niagara account with comparable features, benefits and options. If you would like to switch to a different account, simply contact us. With all First Niagara checking accounts, you ll enjoy: Free First Niagara Debit MasterCard BusinessCard Free use of any First Niagara ATM Free Online Banking Free Online Bill Pay Free estatement with check images Free 24/7 Automated Telephone Banking Overdraft protection options (eligibility restrictions and fees apply) Please refer to the inside of the accompanying letter for your new account name. Name of First Niagara Balance and Monthly Service Charge Information Transactions and Related Charges Additional Information PartnershipPlus For companies with higher transaction volume and a higher average balance service charge charge with a $5,000 average daily balance Otherwise, a $ free items per statement Up to $25,000 in free cash cycle; then Up to $25,000 in free Optional Cash Management Services available: Remote Deposit Capture Online Banking, Wire and ACH modules EDI Reporting Partnership For companies with moderate transaction volume and a lower average balance service charge charge with a $2,000 average daily balance Otherwise, a $ free items per statement Up to $10,000 in free cash cycle; then Up to $10,000 in free 10

2 Name of First Niagara Balance and Monthly Service Charge Information Transactions and Related Charges Additional Information Free Business A simple, low-cost, high-value account for businesses with low transaction volume charge No minimum balance 75 free items per statement Up to $5,000 in free cash cycle; then Up to $5,000 in free Business Analyzed For businesses with complex transactions or specialized cash management needs Earnings credit may offset charges Charges will be debited from the account on the 15th of the following month See the Business Disclosure Booklet for detailed information Full array of Cash Management Services available Business Non-Profit Earn interest on your cash service charge $15 service charge; can be offset by earnings credit $0.17 per check paid; $0.35 per deposit (credits); $0.17 per check deposited; $0.20 per ACH transaction received $0.15 per $100 in cash and coin deposits $0.10 per $100 in currency and coin orders The above fees can be offset by earnings credit Interest paid on daily balances of $500 Interest compounded daily and credited IOLA/IOLTA Interest on Lawyers /Interest on Lawyers Trust charge No minimum balance Not subject to per-item charges Interest paid on daily balances of $1 Interest compounded daily and credited Interest is processed and reported 11

3 Business Money Market and Savings s* Making the most of your money can be vital to your business s long-term success. Our money market and savings accounts let you: Earn a competitive interest rate on your savings while maintaining easy access Add to and build your savings fast by making regular automatic deposits Track your account balance and watch it grow through Online Banking Get a free Debit MasterCard BusinessCard when linked to a First Niagara checking account Please refer to the inside of the accompanying letter for your new account name. Name of First Niagara Premium Business Money Market Our highest business money market rates Balance and Service Charge Information charge of $10,000 Otherwise, a $25 30 free items per statement cycle ; $0.25 for each additional item Interest Interest paid on daily balances of $0.01 Higher interest may be paid at balance levels starting at $25,000, $50,000, and $150,000 Business Money Market Savings Higher yields plus easy access to your funds Statement Savings For Escrow s charge of $500 Otherwise, an $8 30 free items per statement cycle ; $0.25 for each additional item charge of $200 Otherwise, a $4 service charge applies Interest paid on daily balances of $500 Interest compounded daily and credited Higher interest may be paid at balance levels starting at $1,000, $10,000, $25,000, and $50,000 Interest paid on daily balances of $200 Interest compounded daily and credited Subject to transaction limitations. See the enclosed Business Disclosure Booklet f information. 12

4 Certificates of Deposit (CDs) Prior to Maturity There will be no change in your existing CD rate, term or account agreement until maturity. Prior to your maturity date, you will receive a CD renewal notice in the mail. At Maturity s with terms of 32 days will have a 10 calendar-day grace period after the maturity date during which you can withdraw funds, add funds or change the term without penalty. s with terms of 31 days or less will have a one calendar-day grace period after the maturity date during which you can withdraw funds, add funds or change the term without penalty. If you do not notify us of any changes once you receive your renewal notice, we will automatically renew your CD on your maturity date for the same term (or the most similar term available) at the interest rate available at that time. Upon renewal, First Niagara procedures for calculating interest and penalties will apply. Please see page 7 for special rules that apply to FDIC insurance for CDs. 13

5 Municipal s On May 18, your municipal accounts will convert to the accounts that are the best match to the features and benefits of your current accounts. Please refer to the inside of the accompanying letter for your new account name. We will contact you with additional information about your municipal accounts. In the meantime, if you have questions, please contact your current government relationship manager or us at municipal@fnfg.com. Name of First Niagara Municipal Balance and Service Charge Information Analyzed account Earnings credit on compensating balances may offset charges Monthly service charges are assessed after month-end Interest This is a non-interest-bearing account Municipal NOW Analyzed account Earnings credit on compensating balances may offset charges Monthly service charges are assessed after month-end $1,000; interest rates are tiered Municipal Money Market service charges $5,000; interest rates are tiered Municipal Savings service charges $250; interest rates are tiered Municipal Certificates of Deposit (CDs) service charges Interest paid at maturity No automatic renewals 14