Account Information Schedule

For All Types of IRA Certificates of Deposit (CDs)

Immediately following is the general account information which applies to all Dollar Bank IRA Certificates of Deposit. Specific variances for each CD are listed below that CD's name. Some CDs listed may not currently be available. Please review both sections for full disclosure of your CD.

Annual Percentage Yield: The Annual Percentage Yield reflects the current interest rate and the effect of interest compounding. The Annual Percentage Yield assumes that interest will remain on deposit until maturity. A withdrawal of interest will reduce earnings. The interest rate will be fixed for the term of the account. Refer to the current rate chart for the Annual Percentage Yield (APY).

Minimum to Open: The minimum balance required to open and maintain a certificate is $500.

Balance for Interest: Interest will be calculated on the daily ledger balance in the account. This method applies a daily periodic rate to the principal in the account each day.

Transaction Limitations: No additional deposits are permitted with this certificate. No principal withdrawals are permitted without a bank penalty until the maturity date and the grace period thereafter.

Maturity Date: The maturity date of this certificate is based on the open date and the term and will be shown on your certificate document.

Automatic Renewal: This certificate will automatically renew upon maturity unless we receive contrary instructions from you. There is a grace period of seven days after the maturity date during which you can redeem your certificate without a penalty. No interest will be earned for this grace period if the certificate is redeemed.

Early Withdrawal Penalty: A penalty will be charged if you withdraw principal before the maturity date. The penalty for early withdrawal from this certificate will equal the years remaining until maturity (including partial years) multiplied by the principal being withdrawn, multiplied by the difference between the contract rate on the certificate being withdrawn and the rate currently offered on certificates with terms closest to the years remaining until maturity on the certificate being withdrawn. The penalty, however, shall not be less than three months' simple interest for certificates having terms of 12 months or less and shall not be less than six months' simple interest for terms greater than 12 months with interest calculated at the contract rate.

Individual Retirement Accounts are subject to all government rules and regulations. Please consult your tax advisor regarding deposits and withdrawals.

PLEASE CLICK HERE TO REFER TO THE “OTHER ACCOUNT FEES” DOCUMENT which is incorporated by reference.

IRA Certificate (Traditional, Roth, Education)

Compounding and Crediting: Interest will be compounded and credited semi-annually on June 30 and December 31, and at maturity. Interest can be withdrawn without an early withdrawal bank penalty at any time.

IRA Bump-Up Certificate (Traditional, Roth, Education)

Annual Percentage Yield: The Annual Percentage Yield reflects the current interest rate and the effect of interest compounding. The Annual Percentage Yield assumes that interest will remain on deposit until maturity. A withdrawal of interest will reduce earnings. The interest rate will be fixed for the term of the account unless the Bump-Up Option described below is exercised. If the Bump-Up Option is exercised, the interest rate shall be adjusted accordingly and remain fixed for the remaining term of the account.

Compounding and Crediting: Interest will be compounded and credited semi-annually on June 30 and December 31, and at maturity. Credited interest can be withdrawn without an early withdrawal bank penalty at any time.

Early Withdrawal: A penalty will be charged if you withdraw principal or interest before the maturity date. The penalty for early withdrawal from this certificate will equal the years remaining until maturity (including partial years) multiplied by the principal being withdrawn, multiplied by the difference between the original contract rate on the certificate being withdrawn and the rate currently offered on certificates with terms closest to the term remaining to maturity on the certificate being withdrawn. The penalty, however, shall not be less than three months' simple interest for certificates having terms of 12 months or less and shall not be less than six months' simple interest for terms greater than 12 months with interest calculated at the contract rate. No withdrawals are permitted for the first eight days after the account is opened.

Bump-Up Option: If rates rise, you can exercise the Bump-Up option once during the term of your certificate, by requesting to adjust the rate to that of a Dollar Bank Certificate with a term equal to the term remaining on the certificate to be adjusted.

IRA 6 Month Certificate (Traditional, Roth, Education)

Compounding and Crediting: Interest on this certificate does not compound. Interest will be credited at maturity, and at year end if the term extends into the following year. Interest can be withdrawn without an early withdrawal bank penalty at any time.

IRA CD Ladder Certificate (Traditional, Roth, Education)

Composite APY: The composite APY reflects the total interest earned based on the average balance over the full term of the CD Ladder assuming all certificates remain on deposit until their respective maturity dates. Therefore, the deposited balance earning interest will decrease as individual certificates mature. As a result, the average balance over the full term of the Ladder will be LOWER than the initial amount deposited.

Annual Percentage Yield: The Annual Percentage Yield reflects the current interest rate and the effect of interest compounding on each certificate. The Annual Percentage Yield assumes that the interest will remain on deposit until maturity. A withdrawal of interest will reduce earnings. The interest rate on each certificate will be fixed for the term of the account.

Compounding and Crediting: Interest on each certificate will compound and credit semi-annually on June 30 and December 31, and at maturity. Interest can be withdrawn without an early withdrawal bank penalty at any time.

Minimum to Open: The minimum balance required to open and maintain each certificate is $1,000.

Transaction Limitations: No additional deposits are permitted with these certificates. No principal withdrawals without penalties are permitted until the maturity dates and the grace periods thereafter, as discussed below. Initial funds invested in the CD Ladder will be equally apportioned among each Ladder IRA Certificate.

Maturity Date: The maturity date of each certificate is based on the open date and the term and will be shown on your certificate document.

Automatic Renewal: Unless we receive contrary instructions from you, each certificate will automatically renew upon maturity based upon one of two renewal options selected at account opening. Under the EXTEND renewal option each certificate will automatically renew into a Ladder IRA Certificate with a term equal to the longest term listed above. Under the GOAL renewal option each certificate will automatically renew into a Ladder IRA Certificate equal to the time remaining until the goal date unless the goal date has been reached in which case the certificates will renew into the original term length and structure. There is a grace period of seven days after the maturity date during which you can redeem your certificate without penalty. No interest will be earned for this grace period if the certificate is redeemed.

Early Withdrawal: A penalty will be charged if you withdraw principal before the maturity date. The penalty for early withdrawal from each certificate will equal the years remaining until maturity (including partial years) multiplied by the principal being withdrawn, multiplied by the difference between the contract rate of the certificate being withdrawn and the rate currently offered on certificates with terms closest to the years remaining until maturity on the certificate being withdrawn. The penalty, however, shall not be less that three months' simple interest for certificates having terms of 12 months or less and shall not be less than six months' simple interest for terms greater than 12 months with interest calculated at the contract rate. Please refer to your IRA Account Disclosure for a further discussion.

IRA Relationship Certificate (Traditional, Roth, Education)

Annual Percentage Yield: The Annual Percentage Yield reflects the contract interest rate and the effect of implied compounding. The Annual Percentage Yield assumes that the interest will remain on deposit until maturity and that the interest rate will remain constant for the entire term. A withdrawal of interest will reduce earnings. The Annual Percentage Yield can be lowered to the base rate at any time due to failure to maintain the required relationship account.

Transaction Limitations: Dollar Bank reserves the right to limit the aggregate amount on deposit at any time in this type of account to $100,000, on a per customer basis. No additional deposits are permitted with this certificate. No principal withdrawals without penalties are permitted until the maturity date and the grace period thereafter.

Relationship Account Requirement: In order to earn the Annual Percentage Yield on this certificate, a qualified account (Please ask for a current list of our qualified accounts) must be designated during new account opening. If that account closes during the term of this certificate and no other qualifying relationship account is designated within 14 days of closing then the annual percentage yield will be reduced to the base rate for the remainder of the certificate's term.

Automatic Renewal: This certificate will automatically renew upon maturity into a regular IRA Certificate with an equal term unless we receive contrary instructions from you. You may also redeem this certificate and there is a grace period of seven days after the maturity date during which you can redeem your certificate without penalty. No interest will be earned for this grace period if the certificate is redeemed.

Early Withdrawal Penalty: A bank penalty will be charged if you withdraw principal before the maturity date. The penalty for early withdrawal from this certificate will equal the years remaining until maturity (including partial years) multiplied by the principal being withdrawn, multiplied by the difference between the interest rate or base rate, whichever is then in effect, on the certificate being withdrawn and the rate currently offered on regular growth certificates with terms closest to the years remaining until maturity on the certificate being withdrawn. The penalty, however, shall not be less than three months' simple interest and the contract interest rate.

Dollar Bank Rate Information: 1-800-242-2265

ALL FEES SUBJECT TO CHANGE