Common use of Account Closing Clause in Contracts

Account Closing. If you wish to close your Deposit Account with the Bank, you agree to notify us of this intention in writing. The Bank reserves the right to require at least 7 days written notice prior to the withdrawal of your funds from an account other than a Demand Deposit Account (DDA). After a Deposit Account is closed, we have no obligation to accept deposits or pay outstanding items, but may do so at our discretion and any Access Device will no longer be active. You agree to hold us harmless for honoring or refusing to honor any check, paper draft, or other item on a closed account. It may take up to 30 days to process your account closure. A Bank check for the balance in the account will be sent to the address on file once the Bank has received all required documentation for closing the account. Required documentation includes a written, signed request to close your account and proof of identity documents if not already on file with us. Additional documents may be required in certain specific circumstances and will be requested from you if needed. All related closing fees as noted in our Schedule of Fees may be deducted from the final balance. If the balance in your account is $2.00 or less, the Bank will not send a check for the balance. Your funds will be forfeited and the Bank will retain those funds. The Bank reserves the right to close your account at any time. Internal Accounting of Balances The following is a summary of the functionality of your account. This is an explanation of how your account is structured and does not reflect any changes to your account functionality at this time. Your Checking Account will consist of 2 sub- accounts on the books of the Bank: (1) either a demand deposit (non-interest- bearing) account or a NOW (interest-bearing) account; and (2) a savings deposit account, as those terms are defined under federal law. The two will be treated as a single account for customer use, and you will see no effect. All deposits and other credits will be posted to, and checks and debits will be deducted from, the demand deposit or NOW account. Whenever the demand deposit or NOW account balance exceeds a threshold amount (which we may establish and change at our discretion), we may transfer funds above that amount to the savings deposit account. As these funds are needed to pay items presented against your Checking Account, the appropriate amount will be transferred back to the demand deposit or NOW account, up to 6 times per statement cycle. If a sixth transfer is needed, the entire balance of the savings deposit account will be transferred into the demand deposit or NOW account. This process may be repeated each month. For interest-bearing Checking Accounts, we will pay the same rate of interest on balances in both sub-accounts. Your periodic statement will show a single annual percentage yield earned on the combined balances. Monthly Target Balance Process for the Cash Advantage - Bancorp Checking Account Your Cash Advantage – Bancorp Checking Account (“Checking Account”) has a balance management feature that provides for the movement of funds to and from your linked AssetMark Trust custodial account (“AssetMark Account”). The balance management feature offers a Target Minimum and Target Maximum balance for your Checking Account. Setting a Target Minimum balance is required upon opening of the Checking Account. On the 15th day of each month (or the first business day thereafter), if the funds in your Checking Account are less than the specified Target Minimum (which must be at least $2,500), a transfer will be initiated from the linked AssetMark Account to bring the balance of your Checking Account up to the Target Minimum. Transferred funds are typically deposited and available in the Checking Account within 5 business days. Setting a Target Maximum balance is optional. If you select a Target Maximum then on the 15th day of each month (or the first business day thereafter), if the funds in your Checking Account exceed the Target Maximum level, a transfer will be initiated from your Checking Account to your linked AssetMark Account for investment purposes. Transferred cash is typically deposited into the linked AssetMark Account within 2 business days. Please note that in order to transfer funds to satisfy your selected Target Minimum and Target Maximum, as well as to process manual transfers, trades may be made in your AssetMark Account. The Bank is not responsible for any losses that occur as a result of such trades. Links to Other Websites These terms and conditions, our website, and our affiliates’ websites may contain links to third party websites (websites that are not controlled or offered by The Bancorp Bank). We hereby disclaim liability for any information, materials, products or services on any of the third party sites linked to by these terms and conditions, our website, or our affiliates’ websites. By linking to a third party website, we do not endorse or recommend any products or services offered or information contained on that website, nor are we liable for any failure of products or services offered or advertised at those sites. Such third party websites may have privacy policies different from ours and may provide less security than we do on ours.

Account Closing. If you wish to close your Deposit Account with the Bank, you agree to notify us of this intention in writing. The Bank reserves the right to require at least 7 days written notice prior to the withdrawal of your funds from an account other than a Demand Deposit Account (DDA). After a Deposit Account is closed, we have no obligation to accept deposits or pay outstanding items, but may do so at our discretion and any Access Device will no longer be active. You agree to hold us harmless for honoring or refusing to honor any check, paper draft, or other item on a closed account. It may take up to 30 days to process your account closure. , A Bank check for the balance in the account will be sent to the address on file once the Bank has received all required documentation for closing the account. Required documentation includes a written, signed request to close your account and proof of identity documents if not already on file with us. Additional documents may be required in certain specific circumstances and will be requested from you if needed. All related closing fees as noted in our Schedule of Fees may be deducted from the final balance. If the balance in your account is $2.00 or less, the Bank will not send a check for the balance. Your funds will be forfeited and the Bank will retain those funds. The Bank reserves the right to close your account at any time. If you are the owner of a CAA that is linked to an SPTC account and the SPTC account is closed, we will automatically close the CAA. Internal Accounting of Balances The following is a summary of the functionality of your account. This is an explanation of how your account is structured and does not reflect any changes to your account functionality at this time. Your Checking Account checking account will consist of 2 sub- two (2) sub-accounts on the books of the Bank: (1) either a demand deposit (non-interest- bearing) account or a NOW (interest-bearing) account; and (2) a savings deposit account, as those terms are defined under federal law. The two will be treated as a single account for customer use, and you will see no effect. All deposits and other credits will be posted to, and checks and debits will be deducted from, the demand deposit or NOW account. Whenever the demand deposit or NOW account balance exceeds a threshold amount (which we may establish and change at our discretion), we may transfer funds above that amount to the savings deposit account. As these funds are needed to pay items presented against your Checking Accountchecking account, the appropriate amount will be transferred back to the demand deposit or NOW account, up to 6 six (6) times per statement cycle. If a sixth transfer is needed, the entire balance of the savings deposit account will be transferred into the demand deposit or NOW account. This process may be repeated each month. For interest-bearing Checking Accountschecking accounts, we will pay the same rate of interest on balances in both sub-sub- accounts. Your periodic statement will show a single annual percentage yield earned on the combined balances. Monthly Target Balance Process for the Cash Advantage - Bancorp Checking Account Your Cash Advantage – Bancorp Checking Account (“Checking Account”) has a balance management feature that provides for the movement of funds to and from your linked AssetMark Trust custodial account (“AssetMark Account”). The balance management feature offers a Target Minimum and Target Maximum balance for your Checking Account. Setting a Target Minimum balance is required upon opening of the Checking Account. On the 15th day of each month (or the first business day thereafter), if the funds in your Checking Account are less than the specified Target Minimum (which must be at least $2,500), a transfer will be initiated from the linked AssetMark Account to bring the balance of your Checking Account up to the Target Minimum. Transferred funds are typically deposited and available in the Checking Account within 5 business days. Setting a Target Maximum balance is optional. If you select a Target Maximum then on the 15th day of each month (or the first business day thereafter), if the funds in your Checking Account exceed the Target Maximum level, a transfer will be initiated from your Checking Account to your linked AssetMark Account for investment purposes. Transferred cash is typically deposited into the linked AssetMark Account within 2 business days. Please note that in order to transfer funds to satisfy your selected Target Minimum and Target Maximum, as well as to process manual transfers, trades may be made in your AssetMark Account. The Bank is not responsible for any losses that occur as a result of such trades. Links to Other Websites These terms and conditions, our website, and our affiliates’ websites may contain links to third party websites (websites that are not controlled or offered by The Bancorp Bank). We hereby disclaim liability for any information, materials, products or services on any of the third party sites linked to by these terms and conditions, our website, or our affiliates’ websites. By linking to a third party website, we do not endorse or recommend any products or services offered or information contained on that website, nor are we liable for any failure of products or services offered or advertised at those sites. Such third party websites may have privacy policies different from ours and may provide less security than we do on ours.

Account Closing. If you wish to close your Deposit Account with the Bank, you agree to notify us of this intention in writing. The Bank reserves the right to require at least 7 days written notice prior to the withdrawal of your funds from an account other than a Demand Deposit Account (DDA). After a Deposit Account is closed, we have no obligation to accept deposits or pay outstanding items, but may do so at our discretion and any Access Device will no longer be active. You agree to hold us harmless for honoring or refusing to honor any check, paper draft, or other item on a closed account. It may take up to 30 days to process your account closure. A Bank check for the balance in the account will be sent to the address on file once the Bank has received all required documentation for closing the account. Required documentation includes a written, signed request to close your account and proof of identity documents if not already on file with us. Additional documents may be required in certain specific circumstances and will be requested from you if needed. All related closing fees as noted in our Schedule of Fees may be deducted from the final balance. If the balance in your account is $2.00 or less, the Bank will not send a check for the balance. Your funds will be forfeited and the Bank will retain those funds. The Bank reserves the right to close your account at any time. Internal Accounting of Balances The following is a summary of the functionality of your account. This is an explanation of how your account is structured and does not reflect any changes to your account functionality at this time. Your Checking Account checking account will consist of 2 sub- accounts on the books of the Bank: (1) either a demand deposit (non-interest- bearing) account or a NOW (interest-bearing) account; and (2) a savings deposit account, as those terms are defined under federal law. The two will be treated as a single account for customer use, and you will see no effect. All deposits and other credits will be posted to, and checks and debits will be deducted from, the demand deposit or NOW account. Whenever the demand deposit or NOW account balance exceeds a threshold amount (which we may establish and change at our discretion), we may transfer funds above that amount to the savings deposit account. As these funds are needed to pay items presented against your Checking Accountchecking account, the appropriate amount will be transferred back to the demand deposit or NOW account, up to 6 times per statement cycle. If a sixth transfer is needed, the entire balance of the savings deposit account will be transferred into the demand deposit or NOW account. This process may be repeated each month. For interest-bearing Checking Accountschecking accounts, we will pay the same rate of interest on balances in both sub-accounts. Your periodic statement will show a single annual percentage yield earned on the combined balances. Monthly Target Balance Process for the Cash Advantage - Bancorp Checking Account Your Cash Advantage – Bancorp Checking Account (“Checking Account”) has a balance management feature that provides for the movement of funds to and from your linked AssetMark Trust custodial account (“AssetMark Account”). The balance management feature offers a Target Minimum and Target Maximum balance for your Checking Account. Setting a Target Minimum balance is required upon opening of the Checking Account. On the 15th day of each month (or the first business day thereafter), if the funds in your Checking Account are less than the specified Target Minimum (which must be at least $2,500), a transfer will be initiated from the linked AssetMark Account to bring the balance of your Checking Account up to the Target Minimum. Transferred funds are typically deposited and available in the Checking Account within 5 business days. Setting a Target Maximum balance is optional. If you select a Target Maximum then on the 15th day of each month (or the first business day thereafter), if the funds in your Checking Account exceed the Target Maximum level, a transfer will be initiated from your Checking Account to your linked AssetMark Account for investment purposes. Transferred cash is typically deposited into the linked AssetMark Account within 2 business days. Please note that in order to transfer funds to satisfy your selected Target Minimum and Target Maximum, as well as to process manual transfers, trades may be made in your AssetMark Account. The Bank is not responsible for any losses that occur as a result of such trades. Links to Other Websites These terms and conditions, our website, and our affiliates’ websites may contain links to third party websites (websites that are not controlled or offered by The Bancorp Bank). We hereby disclaim liability for any information, materials, products or services on any of the third party sites linked to by these terms and conditions, our website, or our affiliates’ websites. By linking to a third party website, we do not endorse or recommend any products or services offered or information contained on that website, nor are we liable for any failure of products or services offered or advertised at those sites. Such third party websites may have privacy policies different from ours and may provide less security than we do on ours.

Account Closing. If you wish to close your Deposit Account with the Bank, you agree to notify us of this intention in writing. The Bank reserves the right to require at least 7 days written notice prior to the withdrawal of your funds from an account other than a Demand Deposit Account (DDA). After a Deposit Account is closed, we have no obligation to accept deposits or pay outstanding items, items but may do so at our discretion and any Access Device will no longer be active. You agree to hold us harmless for honoring or refusing to honor any check, paper draft, or other item on a closed account. It may take up to 30 days to process your account closure. A Bank check for the balance in the account will be sent to the address on file once the Bank has received all required documentation for closing the account. Required documentation includes a written, signed request to close your account and proof of identity documents if not already on file with us. Additional documents may be required in certain specific circumstances and will be requested from you if needed. All related closing fees as noted in our Schedule of Fees may be deducted from the final balance. If the balance in your account is $2.00 or less, the Bank will not send a check for the balance. Your funds will be forfeited forfeited, and the Bank will retain those funds. The Bank reserves the right to close your account at any time. Internal Accounting of Balances The following is a summary of the functionality of your account. This is an explanation of how your account is structured and does not reflect any changes to your account functionality at this time. Your Checking Account checking account will consist of 2 sub- accounts on the books of the Bank: (1) either a demand deposit (non-interest- bearing) account or a NOW (interest-bearing) account; and (2) a savings deposit account, as those terms are defined under federal law. The two will be treated as a single account for customer use, and you will see no effect. All deposits and other credits will be posted to, and checks and debits will be deducted from, the demand deposit or NOW account. Whenever the demand deposit or NOW account balance exceeds a threshold amount (which we may establish and change at our discretion), we may transfer funds above that amount to the savings deposit account. As these funds are needed to pay items presented against your Checking Accountchecking account, the appropriate amount will be transferred back to the demand deposit or NOW account, up to 6 times per statement cycle. If a sixth transfer is needed, the entire balance of the savings deposit account will be transferred into the demand deposit or NOW account. This process may be repeated each month. For interest-bearing Checking Accountschecking accounts, we will pay the same rate of interest on balances in both sub-accounts. Your periodic statement will show a single annual percentage yield earned on the combined balances. Monthly Target Balance Process for the Cash Advantage - Bancorp Checking Account Your Cash Advantage – Bancorp Checking Account (“Checking Account”) has a balance management feature that provides for the movement of funds to and from your linked AssetMark Trust custodial account (“AssetMark Account”). The balance management feature offers a Target Minimum and Target Maximum balance for your Checking Account. Setting a Target Minimum balance is required upon opening of the Checking Account. On the 15th day of each month (or the first business day thereafter), if the funds in your Checking Account are less than the specified Target Minimum (which must be at least $2,500), a transfer will be initiated from the linked AssetMark Account to bring the balance of your Checking Account up to the Target Minimum. Transferred funds are typically deposited and available in the Checking Account within 5 business days. Setting a Target Maximum balance is optional. If you select a Target Maximum then on the 15th day of each month (or the first business day thereafter), if the funds in your Checking Account exceed the Target Maximum level, a transfer will be initiated from your Checking Account to your linked AssetMark Account for investment purposes. Transferred cash is typically deposited into the linked AssetMark Account within 2 business days. Please note that in order to transfer funds to satisfy your selected Target Minimum and Target Maximum, as well as to process manual transfers, trades may be made in your AssetMark Account. The Bank is not responsible for any losses that occur as a result of such trades. Links to Other Websites These terms and conditions, our website, and our affiliates’ websites may contain links to third party websites (websites that are not controlled or offered by The Bancorp the Bank). We hereby disclaim liability for any information, materials, products or services on any of the third third-party sites linked to by these terms and conditions, our website, or our affiliates’ websites. By linking to a third third-party website, we do not endorse or recommend any products or services offered or information contained on that website, nor are we liable for any failure of products or services offered or advertised at those sites. Such third third-party websites may have privacy policies different from ours and may provide less security than we do on ours.

Account Closing. If you wish to close your Deposit Account with the Bank, you agree to notify us of this intention in writing. The Bank reserves the right to require at least 7 days written notice prior to the withdrawal of your funds from an account other than a Demand Deposit Account (DDA). After a Deposit Account is closed, we have no obligation to accept deposits or pay outstanding items, items but may do so at our discretion and any Access Device will no longer be active. You agree to hold us harmless for honoring or refusing to honor any check, paper draft, or other item on a closed account. It may take up to 30 days to process your account closure. , A Bank check for the balance in the account will be sent to the address on file once the Bank has received all required documentation for closing the account. Required documentation includes a written, signed request to close your account and proof of identity documents if not already on file with us. Additional documents may be required in certain specific circumstances and will be requested from you if needed. All related closing fees as noted in our Schedule of Fees may be deducted from the final balance. If the balance in your account is $2.00 or less, the Bank will not send a check for the balance. Your funds will be forfeited and the Bank will retain those funds. The Bank reserves the right to close your account at any time. If you are the owner of a CAA that is linked to an SPTC account and the SPTC account is closed, we will automatically close the CAA. Internal Accounting of Balances The following is a summary of the functionality of your account. This is an explanation of how your account is structured and does not reflect any changes to your account functionality at this time. Your Checking Account checking account will consist of 2 sub- two (2) sub-accounts on the books of the Bank: (1) either a demand deposit (non-interest- bearing) account or a NOW (interest-bearing) account; and (2) a savings deposit account, as those terms are defined under federal law. The two will be treated as a single account for customer use, and you will see no effect. All deposits and other credits will be posted to, and checks and debits will be deducted from, the demand deposit or NOW account. Whenever the demand deposit or NOW account balance exceeds a threshold amount (which we may establish and change at our discretion), we may transfer funds above that amount to the savings deposit account. As these funds are needed to pay items presented against your Checking Accountchecking account, the appropriate amount will be transferred back to the demand deposit or NOW account, up to 6 six (6) times per statement cycle. If a sixth transfer is needed, the entire balance of the savings deposit account will be transferred into the demand deposit or NOW account. This process may be repeated each month. For interest-bearing Checking Accountschecking accounts, we will pay the same rate of interest on balances in both sub-sub- accounts. Your periodic statement will show a single annual percentage yield earned on the combined balances. Monthly Target Balance Process for the Cash Advantage - Bancorp Checking Account Your Cash Advantage – Bancorp Checking Account (“Checking Account”) has a balance management feature that provides for the movement of funds to and from your linked AssetMark Trust custodial account (“AssetMark Account”). The balance management feature offers a Target Minimum and Target Maximum balance for your Checking Account. Setting a Target Minimum balance is required upon opening of the Checking Account. On the 15th day of each month (or the first business day thereafter), if the funds in your Checking Account are less than the specified Target Minimum (which must be at least $2,500), a transfer will be initiated from the linked AssetMark Account to bring the balance of your Checking Account up to the Target Minimum. Transferred funds are typically deposited and available in the Checking Account within 5 business days. Setting a Target Maximum balance is optional. If you select a Target Maximum then on the 15th day of each month (or the first business day thereafter), if the funds in your Checking Account exceed the Target Maximum level, a transfer will be initiated from your Checking Account to your linked AssetMark Account for investment purposes. Transferred cash is typically deposited into the linked AssetMark Account within 2 business days. Please note that in order to transfer funds to satisfy your selected Target Minimum and Target Maximum, as well as to process manual transfers, trades may be made in your AssetMark Account. The Bank is not responsible for any losses that occur as a result of such trades. Links to Other Websites These terms and conditions, our website, and our affiliates’ websites may contain links to third party websites (websites that are not controlled or offered by The Bancorp Bank). We hereby disclaim liability for any information, materials, products or services on any of the third party sites linked to by these terms and conditions, our website, or our affiliates’ websites. By linking to a third party website, we do not endorse or recommend any products or services offered or information contained on that website, nor are we liable for any failure of products or services offered or advertised at those sites. Such third party websites may have privacy policies different from ours and may provide less security than we do on ours.

Account Closing. If you wish to close your Deposit Account with the Bank, you agree to notify us of this intention in writing. The Bank reserves the right to require at least 7 days written notice prior to the withdrawal of your funds from an account other than a Demand Deposit Account (DDA). After a Deposit Account is closed, we have no obligation to accept deposits or pay outstanding items, but may do so at our discretion and any Access Device will no longer be active. You agree to hold us harmless for honoring or refusing to honor any check, paper draft, or other item on a closed account. It may take up to 30 days to process your account closure. A Bank check for the balance in the account will be sent to the address on file once the Bank has received all required documentation for closing the account. Required documentation includes a written, signed request to close your account and proof of identity documents if not already on file with us. Additional documents may be required in certain specific circumstances and will be requested from you if needed. All related closing fees as noted in our Schedule of Fees may be deducted from the final balance. If the balance in your account is $2.00 or less, the Bank will not send a check for the balance. Your funds will be forfeited and the Bank will retain those funds. The Bank reserves the right to close your account at any timeanytime. Internal Accounting of Balances The following is a summary of the functionality of your account. This is an explanation of how your account is structured and does not reflect any changes to your account functionality at this time. Your Checking Account checking account will consist of 2 sub- accounts on the books of the Bank: (1) either a demand deposit (non-non- interest- bearing) account or a NOW (interest-bearing) account; and (2) a savings deposit account, as those terms are defined under federal law. The two will be treated as a single account for customer use, and you will see no effect. All deposits and other credits will be posted to, and checks and debits will be deducted from, the demand deposit or NOW account. Whenever the demand deposit or NOW account balance exceeds a threshold amount (which we may establish and change at our discretion), we may transfer funds above that amount to the savings deposit account. As these funds are needed to pay items presented against your Checking Accountchecking account, the appropriate amount will be transferred back to the demand deposit or NOW account, up to 6 times per statement cycle. If a sixth transfer is needed, the entire balance of the savings deposit account will be transferred into the demand deposit or NOW account. This process may be repeated each month. For interest-bearing Checking Accountschecking accounts, we will pay the same rate of interest on balances in both sub-accounts. Your periodic statement will show a single annual percentage yield earned on the combined balances. Monthly Target Balance Process for the Cash Advantage - Bancorp Checking Account Your Cash Advantage – Bancorp Checking Account (“Checking Account”) has a balance management feature that provides for the movement of funds to and from your linked AssetMark Trust custodial account (“AssetMark Account”). The balance management feature offers a Target Minimum and Target Maximum balance for your Checking Account. Setting a Target Minimum balance is required upon opening of the Checking Account. On the 15th day of each month (or the first business day thereafter), if the funds in your Checking Account are less than the specified Target Minimum (which must be at least $2,500), a transfer will be initiated from the linked AssetMark Account to bring the balance of your Checking Account up to the Target Minimum. Transferred funds are typically deposited and available in the Checking Account within 5 business days. Setting a Target Maximum balance is optional. If you select a Target Maximum then on the 15th day of each month (or the first business day thereafter), if the funds in your Checking Account exceed the Target Maximum level, a transfer will be initiated from your Checking Account to your linked AssetMark Account for investment purposes. Transferred cash is typically deposited into the linked AssetMark Account within 2 business days. Please note that in order to transfer funds to satisfy your selected Target Minimum and Target Maximum, as well as to process manual transfers, trades may be made in your AssetMark Account. The Bank is not responsible for any losses that occur as a result of such trades. Links to Other Websites These terms and conditions, our website, and our affiliates’ websites may contain links to third party websites (websites that are not controlled or offered by The Bancorp Bank). We hereby disclaim liability for any information, materials, products or services on any of the third party sites linked to by these terms and conditions, our website, or our affiliates’ websites. By linking to a third party website, we do not endorse or recommend any products or services offered or information contained on that website, nor are we liable for any failure of products or services offered or advertised at those sites. Such third party websites may have privacy policies different from ours and may provide less security than we do on ours.

Account Closing. If you wish to close your Deposit Account with the Bank, you agree to notify us of this intention in writing. The Bank reserves the right to require at least 7 days written notice prior to the withdrawal of your funds from an account other than a Demand Deposit Account (DDA). After a Deposit Account is closed, we have no obligation to accept deposits or pay outstanding items, items but may do so at our discretion and any Access Device will no longer be active. You agree to hold us harmless for honoring or refusing to honor any check, paper draft, or other item on a closed account. It may take up to 30 days to process your account closure. A Bank check for the balance in the account will be sent to the address on file once the Bank has received all required documentation for closing the account. Required documentation includes a written, signed request to close your account and proof of identity documents if not already on file with us. Additional documents may be required in certain specific circumstances and will be requested from you if needed. All related closing fees as noted in our Schedule of Fees may be deducted from the final balance. If the balance in your account is $2.00 or less, the Bank will not send a check for the balance. Your funds will be forfeited and the Bank will retain those funds. The Bank reserves the right to close your account at any time. Internal Accounting of Balances The following is a summary of the functionality of your account. This is an explanation of how your account is structured and does not reflect any changes to your account functionality at this time. Your Checking Account checking account will consist of 2 sub- accounts on the books of the Bank: (1) either a demand deposit (non-interest- bearing) account or a NOW (interest-bearing) account; and (2) a savings deposit account, as those terms are defined under federal law. The two will be treated as a single account for customer use, and you will see no effect. All deposits and other credits will be posted to, and checks and debits will be deducted from, the demand deposit or NOW account. Whenever the demand deposit or NOW account balance exceeds a threshold amount (which we may establish and change at our discretion), we may transfer funds above that amount to the savings deposit account. As these funds are needed to pay items presented against your Checking Accountchecking account, the appropriate amount will be transferred back to the demand deposit or NOW account, up to 6 times per statement cycle. If a sixth transfer is needed, the entire balance of the savings deposit account will be transferred into the demand deposit or NOW account. This process may be repeated each month. For interest-bearing Checking Accountschecking accounts, we will pay the same rate of interest on balances in both sub-accounts. Your periodic statement will show a single annual percentage yield earned on the combined balances. Monthly Target Balance Process for the Cash Advantage - Bancorp – Checking Account with Linked Accounts Only Your Cash Advantage – Bancorp Checking Account (“Checking Account”) checking account has a balance management feature that provides for the movement of funds to and from your linked AssetMark Trust custodial investment account (“AssetMark Linked Account”). The balance management feature offers a Target Minimum Balance and Target Maximum balance Balance for your Checking Account. Setting a Target Minimum balance is required upon opening of the Checking Account. On the 15th day of each month (or the first business day thereafter), if the funds in your Checking Account are less than the specified Target Minimum (which must be at least $2,500), a transfer will be initiated from the linked AssetMark Account to bring the balance of your Checking Account up to the Target Minimum. Transferred funds are typically deposited and available in the Checking Account within 5 business days. Setting a Target Maximum balance is optional. If you select a Target Maximum then on the 15th day of each month (or the first business day thereafter), if the funds in your Checking Account exceed the Target Maximum level, a transfer will be initiated from your Checking Account to your linked AssetMark Account for investment purposes. Transferred cash is typically deposited into the linked AssetMark Account within 2 business days. Please note that in order to transfer funds to satisfy your selected Target Minimum and Target Maximum, as well as to process manual transfers, trades may be made in your AssetMark Account. The Bank is not responsible for any losses that occur as a result of such trades. Links to Other Websites These terms and conditions, our website, and our affiliates’ websites may contain links to third party websites (websites that are not controlled or offered by The Bancorp Bank). We hereby disclaim liability for any information, materials, products or services on any of the third party sites linked to by these terms and conditions, our website, or our affiliates’ websites. By linking to a third party website, we do not endorse or recommend any products or services offered or information contained on that website, nor are we liable for any failure of products or services offered or advertised at those sites. Such third party websites may have privacy policies different from ours and may provide less security than we do on ourschecking account.