Money Market Deposit Account
The interest rate on this account as of today is:
________% if the average daily collected balance (earnings balance) is less than $20,000.00.
________% if the average daily collected balance (earnings balance) is $20,000.00 or more.
The Annual Percentage Yield as of today is:
________% if the average daily collected balance (earnings balance) is less than $20,000.00.
________% if the average daily collected balance (earnings balance) is $20,000.00 or more.
A minimum deposit of $1,000 is required to open the account.
Service Charges
A service charge of $1.00 will be debited to the account at the end of any month in which the average daily collected balance (earnings balance) is less than $500.00.
Your account will be charged $.50 for each withdrawal or transfer in excess of six during a month if the average daily collected balance (earnings balance) is less than $1,000.00.
There is no service charge for direct debits or credits through the Automated Clearinghouse system (ACH). See below for restrictions on the number of automatic debits you may have. You may apply for internet banking access to use with this account. If your application is accepted, you may incur charges related to your internet banking activities. These charges are disclosed in a separate agreement upon application for internet banking.
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
Transfers from this account to another account or to third parties by preauthorized automatic, electronic, or telephonic transfer or by check, draft, or similar order to third parties are limited to six per monthly statement. Ask us about checks or a debit card to be used with this account.
You may make unlimited number of withdrawals or transfers to another account within the bank by written order for each withdrawal or transfer. This does not apply to internet transfers. 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.
Interest Earnings
Interest earned on this account 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 $500.00, no interest will be earned for that month.
Interest is calculated on the average daily collected balance (earnings balance). 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 determines such average balance of an account.
Interest begins to accrue on non-cash deposits no later than the business day on which the deposit posts to the account. 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 to learn the current interest rate your account is earning. Account statements are rendered monthly.
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 |