Common use of Checking Sub-Accounts Clause in Contracts

Checking Sub-Accounts. For accounting purposes, checking accounts are structured with a checking sub-account and a savings sub-account. These sub-accounts will be transparent to you. The sub-accounts do not affect your account balance, interest earned, FDIC insurance coverage, account statement information or other features of your checking account. We may make periodic transfers between these sub-accounts. On the sixth transfer during the month from your savings sub-account to your checking sub-account, all funds in the savings sub-account will be transferred to the checking sub-account. If your checking account earns interest, the interest calculation for your checking account will remain the same; otherwise, the savings sub-account does not earn interest. The savings sub-account will be governed by the rules for our savings accounts. Savings Accounts. If your account is an interest bearing account and is not a NOW account or time deposit, the following terms may apply. Transfers and Withdrawals. If your account is a savings or money market deposit account, federal regulations require us to retain the right to require you to give at least seven days’ notice in writing prior to any intended withdrawal from an account other than a demand deposit account (e.g., non-interest bearing checking account) or a time deposit. Although we usually pay withdrawals or checks without notice on these accounts, doing so does not mean that we give up this right.

Checking Sub-Accounts. For accounting purposes, checking accounts are structured with a checking sub-account and a savings sub-account. These sub-accounts will be transparent to you. The sub-accounts do not affect your account balance, interest earned, FDIC insurance coverage, account statement information or other features of your checking account. We may make periodic transfers between these sub-accounts. On the sixth transfer during the month from your savings sub-account to your checking sub-account, all funds in the savings sub-account will be transferred to the checking sub-account. If your checking account earns interest, the interest calculation for your checking account will remain the same; otherwise, the savings sub-sub- account does not earn interest. The savings sub-account will be governed by the rules for our savings accounts. Savings Accounts. If your account is an interest bearing account and is not a NOW account or time deposit, the following terms may apply. Transfers and Withdrawals. If your account is a savings or money market deposit account, federal regulations require us to retain the right to require you to give at least seven days’ notice in writing prior to any intended withdrawal from an account other than a demand deposit account (e.g., non-interest bearing checking account) or a time deposit. Although we usually pay withdrawals or checks without notice on these accounts, doing so does not mean that we give up this right.

Checking Sub-Accounts. For accounting purposes, checking accounts are structured with a checking sub-account and a savings sub-account. These sub-sub- accounts will be transparent to you. The sub-accounts do not affect your account balance, interest earned, FDIC insurance coverage, account statement information or other features of your checking account. We may make periodic transfers between these sub-accounts. On the sixth transfer during the month from your savings sub-account to your checking sub-account, all funds in the savings sub-account will be transferred to the checking sub-account. If your checking account earns interest, the interest calculation for your checking account will remain the same; otherwise, the savings sub-account does not earn interest. The savings sub-account will be governed by the rules for our savings accounts. Savings Accounts. If your account is an interest interest-bearing account and is not a NOW account or time deposit, the following terms may apply. Transfers and Withdrawals. If your account is a savings or money market deposit account, federal regulations require us to retain the right to require you to give at least seven days’ notice in writing prior to any intended withdrawal from an account other than a demand deposit account (e.g., non-interest interest- bearing checking account) or a time deposit. Although we usually pay withdrawals or checks without notice on these accounts, doing so does not mean that we give up this right.

Checking Sub-Accounts. For accounting purposes, checking accounts are structured with a checking sub-account and a savings sub-account. These sub-sub- accounts will be transparent to you. The sub-accounts do not affect your account balance, interest earned, FDIC insurance coverage, account statement information or other features of your checking account. We may make periodic transfers between these sub-accounts. On the sixth transfer during the month from your savings sub-account to your checking sub-account, all funds in the savings sub-account will be transferred to the checking sub-account. If your checking account earns interest, the interest calculation for your checking account will remain the same; otherwise, the savings sub-account does not earn interest. The savings sub-account will be governed by the rules for our savings accounts. Savings Accounts. If your account is an interest interest-bearing account and is not a NOW account or time deposit, the following terms may apply. Transfers and Withdrawals. If your account is a savings or money market deposit account, federal regulations require us to retain the right to require you to give at least seven days’ notice in writing prior to any intended withdrawal from an account other than a demand deposit account (e.g., non-interest interest-bearing checking account) or a time deposit. Although we usually pay withdrawals or checks without notice on these accounts, doing so does not mean that we give up this right.

Checking Sub-Accounts. For accounting purposes, checking accounts are structured with a checking sub-account and a savings sub-account. These sub-accounts will be transparent to you. The sub-accounts do not affect your account balance, interest earned, FDIC insurance coverage, account statement information or other features of your checking account. We may make periodic transfers between these sub-accounts. On the sixth transfer during the month from your savings sub-account to your checking sub-account, all funds in the savings sub-account will be transferred to the checking sub-account. If your checking account earns interest, the interest calculation for your checking account will remain the same; otherwise, the savings sub-sub- account does not earn interest. The savings sub-account will be governed by the rules for our savings accounts. Savings Accounts. If your account is an interest interest-bearing account and is not a NOW account or time deposit, the following terms may apply. Transfers and Withdrawals. If your account is a savings or money market deposit account, federal regulations require us to retain the right to require you to give at least seven days’ notice in writing prior to any intended withdrawal from an account other than a demand deposit account (e.g., nonnon- interest-interest bearing checking account) or a time deposit. Although we usually pay withdrawals or checks without notice on these accounts, doing so does not mean that we give up this right.