Personal High Yield MMS

Rate Information - Your interest rate and annual percentage yield may change.
• Tier 1- If your daily balance is $250,000.00 or more, your interest rate will be _____%, and your annual percentage
yield will be ______%. The bank reserves the right not to pay interest any day your daily balance is more than
$1,000,000.00.
• Tier 2- If your daily balance is $100,000.00 to $249,999.99, your interest rate will be ______%, and your annual
percentage yield will be ______%.
• Tier 3- If your daily balance is $25,000.00 to $99,999.99, your interest rate will be ______%, and your annual
percentage yield will be ______%.
• Tier 4- If your daily balance is $2,500.00 to $24,999.99, your interest rate will be ______%, and your annual
percentage yield will be ______%.
Frequency of rate changes - We may change the interest rate on your account at any time.
Determination of rate - At our discretion, we may change the rate on your account.
Compounding and crediting frequency - Interest will be compounded every month. Interest will be credited to your
account every month.
Effect of closing an account - If you close your account before interest is credited, you will not receive the accrued
interest.
Minimum balance to open account - You must deposit $2,500.00 to open this account.
Minimum balance to obtain the annual percentage yield disclosed - You must maintain a minimum daily balance of
$250,000.00 in the account each day to obtain the Tier 1 annual percentage yield. You must maintain a minimum daily
balance of $100,000.00 in the account each day to obtain the Tier 2 annual percentage yield. You must maintain a
minimum daily balance of $25,000.00 in the account each day to obtain the Tier 3 annual percentage yield. You must
maintain a minimum daily balance of $2,500.00 in the account each day to obtain the Tier 4 annual percentage yield.
There is no interest paid on balances below $2,500.00.
Minimum balance to avoid imposition of fees - A service charge fee of $10.00 will be imposed each monthly statement
cycle if the average daily balance for the monthly statement cycle falls below $2,500.00. The average daily balance is
calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days
in the period.
Daily balance computation method - We use the daily 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 noncash deposits - Interest begins to accrue no later than the business day when we receive
credit for the funds for noncash items (for example, checks).
Regulation D transaction limitations and fees - Transfers from a savings or money market account to another account
or to third parties by preauthorized, automatic, telephone or computer transfer or by draft or similar order and payable to
third parties are limited to six per cycle. A $10.00 fee will be assessed each time an account exceeds these limitations,
and First State Bank may be required by Regulation D to reclassify or close the account if excessive transfers persist.

Rev 5/2018