Common use of Maturity and Renewal Clause in Contracts

Maturity and Renewal. Your Term Certificate Account will automatically renew upon the Maturity Date and on the Maturity Date of any renewal term unless you prevent renewal by withdrawing all of the funds in your Term Certificate Account. The renewal term will be equal to or closest to that of the initial term and at the dividend rate and APY in effect at that time for such a term. You may instruct us in person or in writing prior to the expiration of a seven (7) day grace period following maturity to renew or close the certificate on a date of your choosing within the grace period. Funds will continue to earn dividends but at the rate of a new certificate for the same term in effect on the Maturity Date until such date of closure or renewal. If automatically renewed, all funds in a Term Certificate Account as of the renewal date are considered to be principal. If the certificate is no longer offered at the time of renewal the funds will be transferred to your Regular Savings Account and if you do not have a Regular Saving Account, we will open one for you and the funds from the term certificate that is no longer offered will be deposited until we receive final instructions from you. We shall close the Regular Savings Account once you instruct what to do with the matured funds.

Maturity and Renewal. Your Term Except otherwise stated in your Certificate Receipt, your Certificate Account will automatically renew upon the Maturity Date and on the Maturity Date of any renewal term unless you prevent youprevent renewal by withdrawing all bywithdrawingall of the funds in your Term thefundsinyour Certificate Account. The renewal term will be equal to or closest to that of the initial term and at the dividend rate and APY in effect at that time for such a term. You may instruct us in person or in writing prior to the expiration of a seven ten (710) day grace period following maturity to renew or close the certificate Certificate on a date of your choosing within the grace period. Funds will continue to earn dividends but at the rate of a new certificate Certificate for the same term in termin effect on the Maturity Date until such date of closure or renewal. If automatically renewed, all funds in a Term Certificate Account as of the renewal date are considered to be principal. If the certificate is no longer offered at the time of renewal the funds will be transferred to your Regular Savings Account. If your Certificate Receipt provided at account opening designated the Certificate Account as not renewing automatically at maturity, the principal and any unpaid earned dividends will be transferred toyour designated Savings Account and if you do not have a Regular Saving Account, we will open one for you and the funds from the term certificate that is no longer offered will be deposited until we receive final instructions from you. We shall close the Regular Savings Account once you instruct what to do with the matured fundssuffix at maturity.

Maturity and Renewal. Your Term Except as otherwise stated in your Account Receipt, your Certificate Account will automatically renew upon the Maturity Date and on the Maturity Date of any renewal term unless you prevent renewal by withdrawing all of the funds in your Term Certificate Account. The renewal term will be equal to or closest to that of the initial term and at the dividend rate and APY in effect at that time for such a term. You may instruct us in person or in writing prior to the expiration of a seven (7) day grace period following maturity to renew or close the certificate Certificate on a date of your choosing within the grace period. Funds will continue to earn dividends but at the rate of a new certificate Certificate for the same term in effect on the Maturity Date until such date of closure or renewal. If automatically renewed, all funds in a Term Certificate Account as of the renewal date are considered to be principal. If the certificate is no longer offered at the time of renewal the funds will be transferred to your Regular Savings savings account. If your Account Receipt provided at account opening designated the Certificate Account as not renewing automatically at maturity, the principal and if you do not have a Regular Saving Account, we will open one for you and the funds from the term certificate that is no longer offered any unpaid earned dividends will be deposited until we receive final instructions from you. We shall close the Regular Savings Account once you instruct what transferred to do with the matured fundsyour designated savings account and suffix at maturity.

Maturity and Renewal. Except as otherwise stated in your Certificate Receipt, Your Term Certificate Account will automatically renew upon the Maturity Date and on the Maturity Date of any renewal term unless you prevent renewal by withdrawing all of the funds in your Term Certificate Account. The renewal term will be equal to or closest to that of the initial term and at the dividend rate and APY in effect at that time for such a term. You may instruct us in person or in writing prior to the expiration of a seven ten (710) day grace period following maturity to renew or close the certificate on a date of your choosing within the grace period. Funds will continue to earn dividends but at the rate of a new certificate for the same term in effect on the Maturity Date until such date of closure or renewal. If automatically renewed, all funds in a Term Certificate Account as of the renewal date are considered to be principal. If the certificate is no longer offered at the time of renewal the funds will be transferred to your Regular Savings Share Account. If your Certificate Receipt provided at account opening designates the Certificate Account as not renewing automatically at maturity, the principal and any unpaid earned dividends will be transferred to your designated Share Account and if you do not have a Regular Saving Account, we will open one for you and the funds from the term certificate that is no longer offered will be deposited until we receive final instructions from you. We shall close the Regular Savings Account once you instruct what to do with the matured fundssuffix at maturity.