Now Plus Disclosure

Description - The checking account that pays a higher rate of interest on higher balances.

Rate Information - This is a tiered rate account. Your interest rate and annual percentage yield are based on the daily balance in your account. The interest rates within the tiers may change.

Determination of rate and frequency of change - Rates are determined at the discretion of bank management. We may change the interest rate on your account at any time.

Compounding and crediting frequency - Interest will be compounded daily and credited to your account every month.

Minimum balance to avoid imposition of fees - A monthly maintenance fee of $10.00 will be imposed every statement cycle if the balance in the account falls below $10,000.00 any day of the cycle.

Daily collected balance computation method - We use the daily collected balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Accrual of interest on non-cash deposits - Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example checks). If the account is closed before interest is credited, you will not receive the accrued interest.

Fees - You must deposit $10,000 to open this account. There is a $10.00 monthly service fee unless a $10,000 minimum balance is maintained. If $10,000 minimum balance is maintained, the service fee is waived. This account is eligible for automatic overdraft protection from savings, online bill pay, and image statements. Please see separate fee chart for these services. A cash machine transaction fee of $2.00 will be charged for each transaction performed at a machine that is not owned by Community National Bank.