Common use of Withdrawal of Interest Prior to Maturity Clause in Contracts

Withdrawal of Interest Prior to Maturity. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. Automatically renewable time account – This account will automatically renew at maturity. You may prevent renewal if you withdraw the funds in the account at maturity (or within a 10 calendar day grace period) or we receive written notice from you. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, interest will not accrue after final maturity. Each renewal term will be the same as the original term except the following term specials will automatically renew at a new term, all beginning on the maturity date. RATE CHART Product Name Interest Rate Annual Percentage Yield Fixed Rate Certificate Term: Daily balances of $10.00 or more % % PLEASE SEE THE ATTACHED RATE SHEET FOR RATE INFORMATION. IF YOU RECEIVE THIS DISCLOSURE AT THE TIME YOU ARE INQUIRING ABOUT A WASHINGTON SAVINGS BANK CERTIFICATE OF DEPOSIT, THE FOLLOWING INFORMATION APPLIES: Interest rates and Annual Percentage Yield are current as of :  12 Month  18 Month  24 Month  36 Month  48 Month  60 Month  Other: Original Term Renewal Term 7 Month CD 6 Month CD This is a passbook format account. Compounding Frequency - Continuously for terms of 9 months or more. True simple interest under 9 months. Crediting Frequency - 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/Renew Account - Certificates require a balance of at least $500.00. Minimum Balance to obtain the annual percentage yield disclosed - Certificates require a balance of at least $10.00. 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.

Withdrawal of Interest Prior to Maturity. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. Automatically renewable time account – This account will automatically renew at maturity. You may prevent renewal if you withdraw the funds in the account at maturity (or within a 10 calendar day any grace periodperiod mentioned below) or we receive written notice from youyou within any grace period mentioned below. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, interest will not accrue after final maturity. ☐ VARIABLE RATE – Each renewal term will be the same as the original term except the following term specials will automatically renew at a new term, all beginning on the maturity date. Interest will be calculated on the same basis as during the original term. ☐ FIXED RATE CHART Product Name Interest Rate Annual Percentage Yield Fixed – Each renewal term will be the A COMPLETE LIST OF FEES THAT MAY BE ASSESSED FOR SERVICE PROVIDED ARE AVAILABLE IN A SEPARATE DISCLOSURE TITLED SCHEDULE OF FEES. Member FDIC Member DIF (032010) ☐ 1½ Year ☐ 2 Year ☐ Other same as the original term, beginning on the maturity date. The (Retirement) (Retirement) Variable Rate Certificate Term: Daily balances of $10.00 or more % % PLEASE SEE THE ATTACHED RATE SHEET FOR RATE INFORMATION. IF YOU RECEIVE THIS DISCLOSURE AT THE TIME YOU ARE INQUIRING ABOUT A WASHINGTON SAVINGS BANK CERTIFICATE OF DEPOSIT, THE FOLLOWING INFORMATION APPLIES: Interest rates and Annual Percentage Yield are current as of :  12 Month  18 Month  24 Month  36 Month  48 Month  60 Month  Other: Original Term Renewal Term 7 Month CD 6 Month CD ☐ 1½ Year (Retirement) This is a passbook format account. Compounding Frequency - Continuously Interest will compound quarterly for terms of 91 days, Semi- annually for terms of 6 months, and continuously for terms of 9 months or more. True simple interest under 9 months. Crediting Frequency - 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/Renew Account - Certificates require a balance of at least $500.00. Minimum Balance to obtain the annual percentage yield disclosed - Certificates require a balance of at least $10.00500.00. 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 on the day you deposit noncash items (for example, checks) Transaction Limitations: You may make unlimited deposits into your variable rate certificate of deposit. You may make withdrawals of principal from your account before maturity only if we agree at the time you request the withdrawal. You can only withdraw interest credited in the term before maturity of that term without interest rate will be the same we offer on new time deposits on the maturity date which have the same term, minimum balance (if any) and other features as the original time deposit. You will have ten calendar days after maturity to withdraw the funds without a penalty Maturity Date: RATE CHART Product Name Interest Rate Annual Percentage Yield Fixed Rate Certificate Term: Daily balances of $10.00 or more % % Variable Rate Certificate Term: Daily balances of $10.00 or more % % IF YOU RECEIVE THIS DISCLOSURE AT THE TIME YOU ARE INQUIRING ABOUT A WASHINGTON SAVINGS BANK CERTIFICATE OF DEPOSIT, THE FOLLOWING INFORMATION APPLIES: Interest rates and Annual Percentage Yield are current as of : penalty. You can withdraw interest only on the crediting dates. Early withdrawal penalties (a penalty may be imposed for withdrawals before maturity) – If your account has an original maturity of one year or less: The fee we may impose will equal three months interest on the amount withdrawn subject to penalty. If your account has an original maturity of more than one year and less than five years, the fee we may impose will equal six months interest on the amount withdrawn subject to penalty. If your account has an original maturity of five years or greater, the fee we may impose will equal twelve months interest on the amount withdrawn subject to penalty. In certain circumstances such as the death or incompetence of an owner of this account, the law permits, or in some cases requires, the For current rate information call Washington Savings Bank’s 24 Hour Telephone Banking at (000) 000-0000 or via the Internet at xxx.xxxxxxxxxxxxxxxxx.xxx. IF YOU RECEIVE THIS DISCLOSURE AT THE TIME YOU ARE OPENING A WASHINGTON SAVINGS BANK CERTIFICATE OF DEPOSIT WITH US, THE FOLLOWING INFORMATION APPLIES: The Interest Rate(s) and Annual Percentage Yield(s) are the initial rates that apply to your account(s). ELECTRONIC FUND TRANSFERS (EFTs)

Withdrawal of Interest Prior to Maturity. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. Automatically renewable time account – This account will automatically renew at maturity. You may prevent renewal if you withdraw the funds in the account at maturity (or within a 10 calendar day grace period) or we receive written notice from you. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, interest will not accrue after final maturity. Each renewal term will be the same as the original term except the following term specials will automatically renew at a new term, all beginning on the maturity date. RATE CHART Original Term Renewal Term Rate Chart Product Name Interest Rate Annual Percentage Yield Fixed Rate Certificate Term: Daily balances of $10.00 or more % % PLEASE SEE THE ATTACHED RATE SHEET FOR RATE INFORMATIONPlease see the attached rate sheet for rate information. IF YOU RECEIVE THIS DISCLOSURE AT THE TIME YOU ARE INQUIRING ABOUT A WASHINGTON SAVINGS BANK CERTIFICATE OF DEPOSITIf you receive this disclosure at the time you are inquiring about a Washington Savings Bank Certificate of Deposit, THE FOLLOWING INFORMATION APPLIESthe following information applies: Interest rates and Annual Percentage Yield are current as of :  □ 12 Month  □ 18 Month  □ 24 Month  □ 36 Month  □ 48 Month  □ 60 Month  □ Other: Original Term Renewal Term 7 Month CD 6 Month CD 10 Month CD 6 Month CD This is a passbook format account. Compounding Frequency - Continuously for terms of 9 months or more. True simple interest under 9 months. Crediting Frequency - 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/Renew Account - Certificates require a balance of at least $500.00. Minimum Balance to obtain the annual percentage yield disclosed - Certificates require a balance of at least $10.00. 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.

Withdrawal of Interest Prior to Maturity. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. Automatically renewable time account – This account will automatically renew at maturity. You may prevent renewal if you withdraw the funds in the account at maturity (or within a 10 calendar day grace period) or we receive written notice from you. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, interest will not accrue after final maturity. Each renewal term will be the same as the original term except the following term specials will automatically renew at a new term, all beginning on the maturity date. Original Term Renewal Term RATE CHART Product Name Interest Rate Annual Percentage Yield Fixed Rate Certificate Term: Daily balances of $10.00 or more % % PLEASE SEE THE ATTACHED RATE SHEET FOR RATE INFORMATION. IF YOU RECEIVE THIS DISCLOSURE AT THE TIME YOU ARE INQUIRING ABOUT A WASHINGTON SAVINGS BANK CERTIFICATE OF DEPOSIT, THE FOLLOWING INFORMATION APPLIES: Interest rates and Annual Percentage Yield are current as of :  12 Month  18 Month  24 Month  36 Month  48 Month  60 Month  Other: Original Term Renewal Term 7 Month CD 6 Month CD 10 Month CD 6 Month CD This is a passbook format account. Compounding Frequency - Continuously for terms of 9 months or more. True simple interest under 9 months. Crediting Frequency - 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/Renew Account - Certificates require a balance of at least $500.00. Minimum Balance to obtain the annual percentage yield disclosed - Certificates require a balance of at least $10.00. 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.