business savings account
The interest rate on this account as of today is:
________% if the average collected balance (earnings balance) is less than $40,000.00.
________% if the average collected balance (earnings balance) is $40,000.00 or more.
The Annual Percentage Yield as of today is:
________% if the average collected balance (earnings balance) is less than $40,000.00.
________% if the average collected balance (earnings balance) is $40,000.00 or more.
A minimum deposit of $10.00 is required to open the account.
Service Charges
Your account will be charged $.50 for each withdrawal or transfer (per item debit) in excess of three during a month if the average collected balance (service charge balance) is less than $1,000.00.
Other charges that you may incur are disclosed in a separate statement given to you with this notice. Please read the back of the signature card for additional terms regarding this account.
Transfers and Withdrawals
You may make transfers from your savings account to another account of yours within the bank either by phone call to us or by signing a withdrawal order at our offices. You may withdraw cash by signing a withdrawal order at our offices. On interest bearing accounts, except time certificates of deposit, we reserve the right to require at least seven days written notice before any withdrawal or transfer.
You may not have a bank debit card for this account.
We do not allow pre-authorized automatic debits against savings accounts to pay third parties.
Interest Earnings
Interest earned is credited and compounded to the account monthly. If you close your account before interest is credited, you will not receive the accrued interest. If the average daily collected balance (earnings balance) of the account for any month is less than $25.00, no interest will be earned for that period.
Interest is calculated on the average daily collected balance (earnings balance). Such average balance of an account is determined by adding the collected balance of the account for each day of the month and dividing that sum by the number of days in the month.
Interest begins to accrue on non-cash deposits no later than the business day we receive credit for the deposit of non-cash items. Checks are considered non-cash items.
The interest rate and Annual Percentage Yield may change. At our discretion, we may change the interest rate on your account daily. The account statement will report the Annual Percentage Yield. You may call the bank anytime to learn the current interest rate your account is earning.
Periodic Account Statements
We mail account statements to you in January. You may have your passbook updated at our offices during any business day.
If you have questions about your account charges please contact us at:
| Brunswick State Bank | Brunswick State Bank | |
| POB 29 | Winnetoon Branch Office | |
| Brunswick, NE 68720 | or | POB 131 |
| 402/842-2435 | Winnetoon, NE 68789 | |
| 888/393-7945 | 402/847-3223 |