AGREEMENT FOR BANKING SUPPORT SERVICES
This Agreement for Banking Support Services is made and entered into as of the
1st day of January, 1994, by and between First-Citizens Bank & Trust Company, a
North Carolina banking corporation ("FCB"), and The Fidelity Bank, a banking
corporation incorporated under the laws of North Carolina (the "Client").
In support of its own banking operations, FCB has developed the staff,
resources, organization, and technology required to deliver a broad variety of
banking products and services to FCB's customers. The organization created by
FCB now has the expertise, technology, and excess capacity to provide banking
and support services and other related banking products and services to other
financial institutions. The processes, programs, products and services to be
provided under this Agreement are referred to collectively as the "services."
The Client, recognizing the benefits it can derive by subscribing to various
services offered by FCB, desires to utilize and avail itself of the expertise,
technology, and excess capacity of FCB. For and in consideration of the terms
and conditions contained in this Agreement, and for other good and valuable
consideration, FCB and the Client agree as follows:
1. The parties intend for this Agreement to be a "master" agreement. This
Agreement identifies the overall framework within which FCB will offer
various services from time to time to the Client. This Agreement is not
exclusive, however, and the parties may enter into various other
agreements outside the scope of this Agreement. The nature, scope and cost
of specific services to which the Client may subscribe pursuant to this
Agreement will be identified on one or more forms entitled "Specific
Services Schedule", an example of which is attached to this Agreement and
incorporated herein by reference. The nature and scope of the services to
be provided by FCB, and the terms and conditions under which the services
will be provided, may therefore be modified from time to time by the
parties by the execution of new or amended Specific Services Schedules
executed by FCB and the Client. The purpose of this arrangement is to
insure flexibility for the delivery of specific services under the
"umbrella" of this master agreement. Each Specific Services Schedule duly
executed by both parties shall become a part of this Agreement.
2. By way of example, but not by way of limitation, FCB may offer the Client
some or all of the following bank-related services: accounting, internal
auditing, administrative, personnel administration (including payroll
services and benefits administration), check processing, courier, data
processing, loan servicing, shared research and development for products
and services, marketing, and education and training. FCB may also license
or sell the Client the right to use certain other products and services
offered by FCB to its customers which fall outside the scope of this
Agreement. The foregoing list is not intended to be a comprehensive list
of all of the various services which may be offered from time to time by
FCB on a subscription basis.
3. The Client agrees to pay FCB for all services rendered by FCB under this
Agreement. Invoices shall be due and payable upon presentation. The
initial fees, rates and charges for the services to be provided by FCB
(collectively, the "fees"), shall be as set forth on the Specific Services
Schedule applicable to such services. The fees (including those "standard
rates" adopted by FCB) may be increased or decreased by FCB from time to
time, provided:
A. FCB may not increase fees more frequently than annually;
B. No annual fee increase shall be greater than five percent
(compounded annually), but the Client agrees to negotiate in good
faith with respect to fee increases in excess of five percent
requested by FCB necessary to cover the costs of providing the
service or services in question; and
C. FCB may pass on to the Client any increased "pass-through" charges
or fees.
In addition to the fees charged by FCB, FCB shall be entitled to recover
its reasonable out-of-pocket expenses. Any increase in fees shall become
effective only after FCB gives the Client at least 45 days prior written
notice of the increase. All such fees shall be determined in an "arms
length" manner. In determining its pricing structure, FCB will
periodically conduct surveys of the marketplace to insure that the fees
are reasonable in light of the nature, extent, and quality of the services
to be delivered according to this Agreement and competitive in the
marketplace. The Client acknowledges that it is not a "captive" customer.
When goods and services are offered by FCB, the Client shall conduct its
own market survey to determine whether the nature, extent, quality and
price of the services offered by FCB are satisfactory to the Client.
4. In order to deliver the services contemplated by this Agreement, FCB may
require from the Client access to or delivery of various information,
data, records, materials, commercial banking items, and policies and
procedures (collectively referred to in this Agreement as the "input
data"). The Client will prepare and process input data with reasonable
care in a manner acceptable to FCB and in a manner commercially reasonable
given the range of services to be provided by FCB. The Client will deliver
input data to the place designated by FCB for processing in a timely
manner according to the timetable prescribed from time to time by FCB. In
addition, the Client will furnish all necessary records and materials
reasonably required by FCB to provide the services contemplated by this
Agreement, even though such records and materials are not specifically
identified in this Agreement.
5. All deliveries and pick ups from FCB shall be the responsibility of the
Client and shall be accomplished at the Client's expense. If the receipt
of input data from the Client by FCB is delayed, FCB will use its best
efforts to reschedule and process the work and perform its services as
promptly as it reasonably can, but both parties understand and acknowledge
that completion time may be delayed. If the Client's input data is not
received in a timely manner or in a form reasonably acceptable to FCB,
additional costs may be incurred by FCB to provide the services
contemplated by this Agreement within commercially acceptable time limits.
The Client will be responsible for the payment of any such additional
costs. All deliveries to FCB will be made at the time, place, and in the
form prescribed by FCB.
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6. FCB may impose additional charges for any changes in the input data,
output data or any computational procedures which may be requested by the
Client after FCB has begun performing the services contemplated by this
Agreement. Such charges shall be based on FCB's then prevailing standard
rates for personnel and/or machine time occasioned by such changes. If
additional personnel or machine time is required as a result of these
changes, FCB reserves the right to extend delivery dates. FCB will use its
best efforts to reschedule and process the work and perform its services
as promptly as it reasonably can.
7. FCB is authorized to make minor corrections or minor adjustments to input
data when an original source document may be in error or incomplete.
Unless in the judgment of FCB the volume of minor corrections and
adjustments becomes burdensome, FCB will make no charge for minor
corrections or adjustments. If the volume becomes burdensome, FCB may
notify the Client of its intention to impose charges for such additional
work at the then prevailing standard rate charged by FCB for personnel
and/or machine time.
8. In the delivery of the services contemplated by this Agreement, FCB will
use the personnel, facilities, equipment and machines selected by it. FCB
will make reasonable efforts to deliver the services with the same care
and in substantially the same manner as used by it in connection with the
delivery of its own banking services. FCB assumes no liability or
responsibility for any errors or omissions in the delivery of the services
contemplated by this Agreement except those which may arise out of FCB's
gross negligence or bad faith. FCB's liability to the Client arising out
of this Agreement shall not exceed the damages or losses directly
sustained by the Client as a consequence of FCB's gross negligence or bad
faith. FCB shall not be liable for indirect, punitive, special or
consequential damages, nor shall FCB be liable to the Client or any other
person because of failure to perform or delay in performance of the
services provided by FCB pursuant to this Agreement when such failure or
delay is caused by: (a) an event or circumstance within the control of the
Client, or (b) an event or circumstance beyond the control of FCB,
including, but not limited to, any of the following events: fire; flood;
explosion; other catastrophe; legal acts of public authorities; strikes;
riots; war; civil insurrection; acts of terrorism; or the failure of
communications, power supply, or mechanical difficulties with any
equipment which could not be reasonably anticipated and prevented. In the
event of any emergency, the internal operational needs of FCB will take
priority over the Client's needs. FCB agrees to maintain adequate backup
procedures in the event of a computer system failure.
9. Significant delays beyond the control of either party may occur in the
delivery of the services contemplated by this agreement. When delays
occur, it may be necessary to prioritize the Client's work based upon the
Client's needs. When possible, FCB will consult with the Client to
prioritize the delivery of the services. If the parties cannot consult
regarding the prioritization of the Client's needs, FCB may rely upon any
written
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prioritization supplied to FCB by the Client or, in the absence of a
written prioritization, its own best judgment.
10. The parties anticipate that the services which will be provided to the
Client by FCB will include a variety of data processing services. The
nature and extent of those services will be as set forth in the Specific
Services Schedules approved by the parties. The purpose of this Section 10
is to address a variety of general issues relating specifically to data
processing services. All data processing services provided by FCB shall be
subject to the terms and provisions of this Section 10 in addition to the
other sections of this Agreement and to the Specific Services Schedules
executed by the parties. If a conflict arises between the terms of this
Agreement and the language of a Specific Services Schedule, the terms and
provisions of the Specific Services Schedule shall control.
A. Applications to be processed will be as set forth in the Specific
Services Schedules. In providing data processing services, FCB will
apply daily accrual calculations. Data will be processed and reports
generated on a daily basis, excluding weekends and holidays. The
Client will provide FCB with a list of its banking holidays. FCB
will generate for the Client the same types of reports that FCB
generates for its own use when it processes its own data. FCB will
provide to the Client any special forms which FCB may require from
time to time in connection with data processing services. FCB may
charge Client for any forms supplied to Client in bulk at the then
prevailing standard rate charged by FCB.
B. Other provisions of this Agreement and the Specific Services
Schedules address the payment of fees, rates and charges for
services to be provided by FCB. In addition to the fees charged by
FCB, FCB shall be entitled to recover its reasonable out-of- pocket
expenses. Any costs of conversion and the time frame for conversion
shall be as specified in the Specific Services Schedule or as
otherwise may be agreed between the parties. Costs for satisfying
special management requests, audit needs, regulatory requirements
and mergers and acquisitions shall be negotiated on a case by case
basis and shall be billed at the then prevailing standard rate
changed by FCB. FCB shall own any special software developed for
Client to process its applications, and FCB may use such special
software for the benefit of its other clients, and may license
and/or sell such software as it deems appropriate.
C. Unless otherwise provided in the Specific Services Schedule, the
operating hours for online communications networks to Client's
branches shall be from 8:00 a.m. until 7:00 p.m. on a daily basis,
weekends and holidays excluded. The operating hours for online
communication networks for the ATM system, however, shall be 7 days
per week, 24 hours per day. While the ATM system is encrypted, other
communications networks are not presently encrypted. In order to
provide security to the system, FCB utilizes "RACF" user sign-on,
with various password levels authorized to individual users. This
method assures that an individual cannot obtain access to certain
information within the data processing system without
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having been properly authorized and without utilizing his or her
unique password to access the information.
D. FCB shall, at all times during the term of this Agreement, make
available to the Client data processing emergency kits as well as
FCB's backup data processing site in Raleigh, North Carolina.
E. If so designated in a Specific Services Schedule, FCB will be
responsible for capturing and processing Client's FED (or "cash")
letter.
F. The Internal Audit Department of FCB will not be responsible for
conducting servicer audits with FCB staff. FCB will, however,
annually contract for and provide copies to the Client of a third
party CPA review of the data processing services provided. The cost
of this review shall be passed on to the data processing clients of
FCB on a pro-rata basis based upon asset size. FCB shall use its
best efforts in good faith to minimize the cost of this review.
G. FCB maintains an effective disaster recovery/contingency plan, a
copy of which shall be delivered to Client upon Client's request. In
connection with its disaster recovery/contingency plan, FCB has
established and shall maintain adequate backup arrangements for all
data processing functions to which the Client subscribes. The
details of all backup arrangements shall be made available to Client
upon Client's request.
H. FCB shall not be responsible for, nor liable for, any source
documents while in transit to or from FCB's service center. FCB
maintains and shall continue to maintain reasonable and adequate
insurance for fidelity, fire, liability and data losses from error
and omissions. Details of FCB's insurance protection shall be
provided to Client at Client's request.
I. Upon termination of any data processing services, computer programs
and related documentation shall remain the property of FCB. FCB
shall provide to the Client, however, at the Client's expense the
Client's master and transaction data files in machine-readable
format within adequate time to convert in an orderly and timely
manner. The fees for providing the master and transaction data files
in machine- readable format shall be in accordance with FCB's then
prevailing standard rates, plus out-of-pocket expenses. In the event
of the termination of any specific data processing services, the
parties agree to provide for the orderly and timely conversion from
FCB to the Client or another servicer selected by the Client.
J. FCB will provide notification to Client of all systems changes that
may affect Client's procedures, reports, and operations. Whenever
possible, this notification shall be given at least 45 days prior to
the time the change will become effective.
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K. Customer will give FCB prompt notice of any program changes required
by federal or state regulations or required to consummate planned
mergers and acquisitions. FCB will make every reasonable effort to
effect program changes in a timely manner to insure regulatory
compliance and to accommodate Client's anticipated acquisitions and
mergers.
L. Unless a Specific Services Schedule provides to the contrary, FCB
will provide any training and documentation required by Client's
personnel prior to the time of data services conversion without
additional charge (other than out-of-pocket expenses). After
conversion, subsequent training shall be performed at Client's
request at the then prevailing standard rates charged by FCB for
such training, plus out-of-pocket expenses. Training may be
addressed in a specific services schedule.
M. FCB shall establish a "user's group." If Client subscribes to data
processing services with FCB, Client will be invited to participate,
at its expense, in the user's group.
N. Nothing in this Agreement limits the ability of any regulator to
arrange for an orderly and reasonable conversion of data to another
vendor, or to a receiver in the event of a receivership. FCB shall
be entitled, however, to compensation for the conversion work
performed at its then prevailing standard rate, plus out-of-pocket
expenses.
11. In the performance of its obligations under this Agreement, FCB will hold
in strict confidence all information to which it may become privy
regarding the accounts and affairs of the Client and its customers, except
to the extent disclosure to federal or state regulatory agencies is
permitted or required by applicable law or regulation, and except as
otherwise required by applicable law or regulation. Similarly, in the
receipt of services and the performance of its obligations under this
Agreement, the Client will hold in strict confidence all information to
which it may become privy regarding the accounts, systems, technology,
services, processes, products and affairs of FCB and its customers, except
to the extent disclosure to federal or state regulatory agencies is
permitted or required by applicable law or regulation, and except as
otherwise required by applicable law or regulation.
12. The parties recognize that the performance of the services contemplated by
this Agreement may be subject to regulation, audit, and examination by
various regulatory authorities to the same extent as if the services were
being performed by the Client itself on its own premises. The Client
authorizes FCB to furnish, when requested, any information requested by
the Federal Deposit Insurance Corporation or any other regulatory
authority, agency, or commission having jurisdiction over the FCB or the
Client (including the state Banking Commission). Any additional work
performed by FCB or information provided by FCB shall be paid for by the
Client at FCB's then prevailing standard rates.
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13. Services provided under this Agreement may be audited by the internal
audit staff of FCB and by the certified public accounting firm regularly
employed by FCB to perform its annual audits. The Client may annually
audit FCB with respect to the services provided under this Agreement.
14. FCB will provide the Client with FCB's annual financial statement and such
other financial information as may be required by any regulatory agency
having jurisdiction over the Client or FCB.
15. In the delivery of the services contemplated by this Agreement, FCB is an
independent contractor and not the agent of the Client. The Client agrees
to indemnify FCB and hold it harmless from any loss, cost or damage
(including attorneys fees and court costs, if any) which FCB may suffer or
be liable for by virtue of this Agreement unless the loss, cost or damage
arises from FCB's bad faith or gross negligence without contributory
negligence on the part of the Client or any other person, firm, or
corporation, whether or not acting as an agent or employee of the Client.
This Agreement to indemnify and hold FCB harmless shall include, but not
be limited to, all risk of loss of any information or documents during
transit between the Client and FCB. This indemnity provision shall survive
the termination of this Agreement.
16. FCB owns extensive computer hardware and uses a broad array of computer
software which may be used in the delivery of the various services
contemplated by this Agreement. From time to time FCB may significantly
change its hardware configuration, the software used in the delivery of
services, and the procedures and documentation which may be required for
the delivery of the services. FCB will use diligence in promptly notifying
the Client of any prospective system changes so the Client will have an
opportunity to analyze and approve any applicable test results. Whenever
possible, the Client will be notified at least 45 days prior to the
effective date of any change. All computer hardware, software, programs,
written procedures, and similar items, including master and transaction
data files, shall be and remain the property of FCB unless otherwise
specified in writing by FCB.
17. The Client will pay any taxes or governmental assessments arising out of
this Agreement or any of the services rendered according to this
Agreement, other than FCB's income taxes.
18. The Client and FCB recognize that the cost of the delivery of services to
the Client and the fees paid by the Client may be reduced to the extent
FCB can avoid "customizing" the services to the peculiar or unique needs
of the Client. To this extent, the parties acknowledge that it may be to
the mutual benefit of both parties for the Client to adapt aspects of its
internal operations, policies and procedures to match those of FCB. For
that purpose, employees of the Client may be asked to participate in
workshops, study sessions, user groups, and other similar activities
conducted by FCB for the benefit of its own operations.
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19. The parties acknowledge that they are competing financial institutions and
that they are subject to various laws and regulations relating to
anti-trust and unfair competition. It is the intent of FCB and the Client
to adhere strictly to such applicable laws and regulations, and the
parties agree that they will each make every effort to insure there is no
violation of any such law or regulation. The parties further acknowledge
that discussions about or the exchange of information concerning the
retail pricing of products and services may be unlawful, and the parties
agree that each shall be excluded during any discussion or determination
of the other's retail pricing. Each party shall determine its own retail
pricing structure independently of the other, totally without collusion.
20. This Agreement contemplates that the parties may jointly undertake the
research, development, testing and delivery of various services which may
thereafter be offered by FCB and the Client to their respective customers,
but serviced operationally by FCB. The Client agrees, at its own expense,
that it will cooperate and participate fully in the research, development,
testing, evaluation, implementation and delivery of such services as may
be reasonably requested by FCB. Any such service shall be and remain the
property of FCB. Neither this Agreement nor the Client's participation in
the research, development, testing, evaluation, implementation or delivery
of a service shall vest any ownership interest therein in the Client.
Except for the fees agreed upon between the parties, each party shall bear
its own costs and expenses in the research, development, testing,
evaluation, implementation and delivery of a service undertaken pursuant
to this Agreement, and, except as to the fees agreed upon, neither party
shall be entitled to any reimbursement or refund from the other, even if,
for any reason, a service is rejected or abandoned.
21. Unless otherwise agreed in writing with respect to a particular service,
either party may terminate this Agreement (either in full or as to one or
more services) by giving at least 60 days prior written notice to the
other. Any pending increases in the fees shall not become effective prior
to the stated termination date. Notwithstanding this time limitation, upon
default in the performance in any of the obligations by one party to this
Agreement, the non-defaulting party may terminate this Agreement upon 30
days prior written notice to the party in default. Neither the Client nor
FCB shall be construed to be in default permitting termination of this
Agreement if either is unable to comply with the provisions of this
Agreement due to causes beyond its control, including, but not limited to,
those events and circumstances enumerated in paragraph 8 of this
Agreement. Provided the Client is not in default under the terms of this
Agreement, the Client may postpone the stated termination date of any data
processing services for a period of up to 360 days, and any other services
for a period of up to 180 days, in order to permit the Client adequate
time to effect a smooth transition and conversion from FCB to another
service provider (including the Client, if the services will thereafter be
provided by the Client "in-house").
22. Any other agreements previously entered into between the parties relating
to the delivery of services to the Client by FCB are superseded by this
Agreement. Any prior or subsequent agreements between the parties relating
to services provided by Xxxxx X.
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Holding, however, are outside the scope of this Agreement and shall not be
affected by this Agreement.
23. This Agreement shall be binding upon and inure to the benefit of the
parties to this Agreement, their successors and assigns. Notwithstanding
the foregoing, neither party shall have the right to assign its rights
under this Agreement without the written consent of the other. This
restriction on assignment shall not apply in the event of a merger or
acquisition.
24. This Agreement constitutes the entire agreement between the parties
concerning the delivery of the services contemplated hereunder. All
services contemplated by this Agreement shall be provided and delivered by
FCB to Client in the State of North Carolina, and this Agreement shall be
governed by the laws of the State of North Carolina. No representations,
except when made in writing by a duly authorized officer of FCB, shall be
deemed to be a part of this Agreement, nor shall this Agreement be deemed
or construed to be modified or amended in whole or in part except by a
written agreement duly executed by the parties (including each Specific
Services Schedule signed by the parties).
When signed by both parties, this Agreement shall be effective as of the 1st day
of January, 1994. This Agreement is executed under seal on behalf of FCB and the
Client by their duly authorized officers. This Agreement and all Specific
Services Schedules executed pursuant to this Agreement are subject to
ratification by the FCB Board of Directors.
FIRST-CITIZENS BANK & THE FIDELITY BANK
TRUST COMPANY Client
By: /s/ X. X. Xxxxx, Xx. By: /s/ Xxxxx X. Xxxxxxx
---------------------- ---------------------
Senior Vice President President
(Corporate Seal) (Corporate Seal)
Attest: Attest:
/s/ X. X. Xxxxxxxx /s/ Xxxxx X. Pore
---------------------- ---------------------
Assistant Secretary Secretary
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FIRST CITIZENS BANK
CLIENT BANK PRICING
ADDENDUM #1
EFFECTIVE JANUARY 1999 THROUGH DECEMBER 2000
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PURCHASING SERVICES:
1. The services to be provided:
Purchasing services, which include requisition processing and
procurement of forms, equipment and supplies.
2. The initial fees, rates and charges for such services are as follows:
FULL Purchasing services, per $100 million of Assets
(as of the previous year end rounded to the nearest $100 million) $330.00
LIMITED Purchasing services, per $100 million of Assets $250.00
(SERVICES TO BE RENDERED UNDER 'LIMITED' SERVICES MUST BE
NEGOTIATED BETWEEN THE CLIENT AND THE MANAGER OF THE PURCHASING
DEPT.)
FIRST CITIZENS BANK
CLIENT BANK PRICING
ADDENDUM #2
EFFECTIVE JANUARY 1999 THROUGH DECEMBER 2000
[GRAPHIC IMAGE APPEARS HERE]
FACILITIES CONSULTING SERVICES:
1. Services to be provided:
Consultation services involving Bank facilities.
2. The initial fees, rates and charges for such services are as follows:
Personnel: FCB's Facilities Management Staff $75.00/hour
FIRST CITIZENS BANK IS ALSO ENTITLED TO RECOVER ALL DIRECT OUT-OF-POCKET
EXPENSES, INCLUDING THE CHARGES OF THIRD PARTY VENDORS AND TRAVEL, MEALS AND
LODGING.
FIRST CITIZENS BANK
CLIENT BANK PRICING
ADDENDUM #3
EFFECTIVE JANUARY 1999 THROUGH DECEMBER 2000
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EDUCATIONAL SERVICES:
LEASED CBE COURSE
Client Bank uses Course as is, with no customization No Charge
INTERNALLY DEVELOPED CBE COURSE
Master CBE course $500.00 (1 time charge)
FCB customization for Client Bank $ 50.00 per hour
Changes Made to Course by Client Bank No Charge
Changes/customization by Outside vendor Pass through at Cost
ON-LINE MANUAL
MASTER ON-LINE MANUAL $500.00 (1 time charge)
FCB Customization for Client Bank $ 50.00 per hour
Changes made to Course by Client Bank No Charge
Changes/customization by Outside Vendor pass through at Cost
SELF-REGISTRATION CAPABILITY No Charge
STUDENT USAGE OF CBE COURSES No Charge
ASSOCIATE EDUCATION RECORD REPORT $100.00 per month
Includes; printed report monthly
manual payroll changes
manual course history updates
CLASSROOM COURSES
Master classroom course which includes: $500.00 (1 time charge)
-paper & electronic file copy of all materials (FCB standard)
-one-time/one person audit of class
FCB customization for Client Bank $ 50.00 per hour
Changes made to Course by Client Bank No Charge
CLASSROOM PARTICIPATION
Per student per day $ 50.00
COURSES PURCHASED FROM OUTSIDE VENDOR Pass through at Cost
FACILITATOR TRAINING
Leader Training for Client Bank Trainer $1,500.00 per day
Consulting $ 50.00 per hour
ANY SPECIAL REQUESTS WILL BE HANDLED ON A PER QUOTE BASIS, THROUGH THE CORPORATE
EDUCATION DEPARTMENT. ALL OUT OF POCKET EXPENSES INCURRED BY FCB (AS A RESULT OF
A REQUEST MADE BY THE CLIENT BANK) WILL BE PASSED THROUGH TO THE CLIENT BANK.
PLEASE CONTACT EDUCATION SERVICES, 000-000-0000, FOR INFORMATION OR ASSISTANCE
ON ANY OF THE ABOVE.
FIRST CITIZENS BANK
CLIENT BANK PRICING
ADDENDUM #4
EFFECTIVE JANUARY 1999 THROUGH DECEMBER 2000
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CASH MANAGEMENT SERVICES:
1. THE SERVICES TO BE PROVIDED:
DataNet services including balance and deposit reporting.
2. THE INITIAL FEES, RATES, AND CHARGES FOR SUCH SERVICES ARE AS FOLLOWS:
Balance Reporting - Audio Response per account $32.00/month
Balance Reporting - PC/Terminals
Maintenance $20.00/month
Minimum $32.00/month
Per login .40
Per minute .21
Per detail item loaded .008
Per detail item reported .032
Outbound Data Exchange per account $35.00/month
Deposit Reporting
Maintenance $20.00/month
Minimum $32.00/month
Per login .40
Per minute .21
Per entry .064
Per management report 1.20
Installation per location $ 8.00
P. 1 of 2
P. 2 of 2 Cash Management Services (cont'd)
B. CLIENT BANK TRAINING:
1) SALES TRAINING
A Sales Training course can be customized to meet the needs of the
Client Bank.
The cost will be as noted below unter item "C" at the standard
Consulting rate plus the cost of materials.
2) OPERATIONS AND SUPPORT TRAINING
FCB Cash Management Services will customize an in-house on-the-job
training program (to be conducted at FCB) to meet the needs of the
Client Bank, on a per Quote basis.
C. CONSULTING SERVICES:
FCB Cash Management Services will provide the Client Bank with
Consulting services related to the following areas:
1) FCB will assist the Client Bank with the writing of Bid Proposals,
by making available all of the necessary information and suggested
formats for completing bids. FCB will assist the Client Bank in
preparing to make Sales Calls. The Client Bank will be responsible
for producing the Bid Proposal documents and making the Sales Call
without an FCB representative present.
2) FCB will provide consulting services to the Client Bank related to
the development of Cash Management Products and Services on an as
needed basis.
COST:
All Consulting services are provided to the Client Bank at the standard
rate as indicated in Schedule "A", plus out of pocket expenses.
FIRST CITIZENS BANK
CLIENT BANK PRICING
ADDENDUM #5
EFFECTIVE JANUARY 1999 THROUGH DECEMBER 2000
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EASYTRIEVE REPORTING:
1.) FCB REPORT CREATION FOR THE CLIENT BANK:
If an FCB associate writes an Easytrieve (Ad Hoc) Report for the Client
Bank, the cost associated with the man hours spent to write the report
as well as the systems usage will be charged back to the Client Bank as
follows:
a) $75.00 per man hour, with a minimum charge of $75.00, plus
b) $25.00 per Easytrieve Report produced (for system resources and
support)
2.) CLIENT BANK REPORT CREATION:
a) Easytrieve and/or TSO Training for Client Bank Associates will be
arranged for as a special request, and will be provided on a per
quote basis.
b) All Easytrieve reports must be written and run by an FCB certified
Client Bank associate, that has been given TSO access and completed
all FCB required training.
c) Each Client Bank that chooses to have the ability to write
Easytrieve Reports in-house will be charged the following flat
monthly fee:
$500.00 per month
d) Additional ongoing Support or Special Requests for access to back
dated files, or other requests not covered in this document, will
be billable using the Standard Fees listed in Schedule A.
PLEASE NOTE: ANY EASYTRIEVE REPORTS THAT ARE REQUESTED TO BE PLACED INTO
PRODUCTION MUST BE WRITTEN BY FCB FOR THE CLIENT BANK AND THEN
PLACED INTO PRODUCTION. THE FCB REPORT CREATION DEVELOPMENT COSTS
WOULD THEREFORE APPLY.
e) FCB reserves the right to restrict the hours of system usage for
the production of Easytrieve Reports, by Client Bank associates, if
it should become necessary in the future. FCB also reserves the
right to revoke the Easytrieve and/or TSO access of any User
without prior consent.
FIRST CITIZENS BANK
CLIENT BANK PRICING
ADDENDUM #6
EFFECTIVE JANUARY 1999 THROUGH DECEMBER 2000
[GRAPHIC IMAGE APPEARS HERE]
LOAN OPERATION SUPPORT SERVICES
SERVICES COVERED BY THIS SCHEDULE:
1. Commercial and consumer loan operations/loan servicing
2. Business loan underwriting
3. Retail central underwriting
4. Retail risk management
5. Credit policy
PRICING:
1. ONE TIME FEES FOR NEW LOAN SET UP (PER LOAN BOOKED):
o Loans set up on AFS system $ 164.09
o New modifications set up on AFS system 116.88
o Equity line set up 145.56
o CheckLine Reserve set up 33.82
o CheckLine Reserve Plus or Capital Line set up 83.01
o Loans set up on IL System 139.10
2. MONTHLY MAINTENANCE/SERVICING FEE (PER LOAN ON FILE):
o Loans on the AFS system 2.68
o Loans on the IL system .84
o Equity Lines on the Xxxxx system .66
o CheckLines on the Xxxxx system .49
o CheckLine Plus on the Xxxxx system .47
FIRST CITIZENS BANK
CLIENT BANK PRICING
ADDENDUM #7
EFFECTIVE JANUARY 1999 THROUGH DECEMBER 2000
[GRAPHIC IMAGE APPEARS HERE]
PAYROLL PROCESSING SERVICES
First Citizens Bank of North Carolina will offer to its client banks an array of
payroll service offerings, allowing the client banks to select only those
offerings it wishes to purchase. The specific functions that FCB/NC will perform
within each service offering are detailed in this document.
SPECIFIC SERVICES TO BE PROVIDED:
1. PAYROLL PROCESSING, TIME AND ATTENDANCE, POSITION CONTROL AND CUSTOMER
SERVICE
o Maintain records of hours worked, days worked, vacation, sick leave,
personal
leave.
o Pay employees by Check or direct deposit (Pay periods are determined by
the client bank)
o Calculate all deductions for tax purposes, 401 K, spending
accounts, charities, insurance
o Create W2's
o Create all General Ledger entries for payment of payroll and deductions
o Create a file by Employee of Job number, Grade, Job Description, Salary
evaluation, email address, mail code, telephone number and provide this
information to Motivator, the email system, telephone book.
o Provide personnel customer service representatives that can be called to
answer payroll related questions
2. TAX ACCOUNTING
o Biweekly/Monthly distribution of funds to the federal and state governments
o Quarterly filing to the federal and state governments
o Distribution to 401K plan investment vehicles
o Distribution to Insurance companies
o Distribution to selected charities
o Balancing distributions to the General Ledger
3. BENEFITS
o Update hours each payroll for pension related benefits
o Update pension earnings
o Annually determine new participants for pension
o Create a participant tape for the pension actuary
o Create benefit statements that include pension information, health plan,
vacation time, sick leave
o Determine 401K eligibility
o Maintain welfare plan elections and report to vendor
o Produce annual re-enrollment election forms and update files
P. 1 of 2
P. 2 of 2 Payroll Services (cont'd)
4. SPENDING ACCOUNT ADMINISTRATION
5. PERSONNEL
o Create and maintain a file of employee information that is not payroll or
benefits related such as sex, home address and phone number, corporate
title, salary history, position history, birthdate, marital status,
employment date, acquisition date, race, hourly rate, monthly hours, group
number, and numerous other fields.
FCB/NC will not:
o Perform pension distribution calculations
o Administer any 401K plans (investment, loans, distributions)
INITIAL FEES, RATES AND CHARGES FOR SUCH SERVICES ARE AS FOLLOWS:
ONE TIME CHARGES:
MONTHLY CHARGES (PER EMPLOYEE):
1. PAYROLL PROCESSING, TIME AND ATTENDANCE, POSITION CONTROL
AND CUSTOMER SERVICE $ 6.27
2. TAX ACCOUNTING $ 3.07
3. BENEFITS $ 3.07
4. SPENDING ACCOUNT ADMINISTRATION $ .57
5. PERSONNEL $ 1.37
FIRST CITIZENS BANK
CLIENT BANK PRICING
ADDENDUM #8
EFFECTIVE JANUARY 1999 THROUGH DECEMBER 2000
[GRAPHIC IMAGE APPEARS HERE]
COMMERCIAL LEASING & PUBLIC FINANCE SERVICES:
1. THE SERVICES TO BE PROVIDED ARE IDENTIFIED AS FOLLOWS:
a. Computer and Operations services to provide finance accounting for
the Client's commercial leasing and public finance portfolio.
b. A comprehensive public finance service for both real and personal
property types of financing with municipalities.
c. Product/Sales training, and consulting services to develop a
commercial leasing portfolio. Fees for these services are negotiable
and are not included below.
2. THE DESCRIPTION AND THE SCOPE OF SERVICES TO BE PROVIDED ARE AS FOLLOWS:
A. OPERATIONS/COMPUTER: Input of data to book leases and public finance
contracts, billing of customers, payment processing, documentation
follow-up and general ledger interface, property tax and sales tax
reporting to State/Local authorities.
B. PUBLIC FINANCE: Complete service support from bidding to closing for
every transaction. This includes completion of all documents,
collecting fees and disbursing proceeds on behalf of the client.
C. COMMERCIAL LEASING: Assistance in developing new documents, training
personnel, assisting with sales calls and providing consultation for
a one year period. These services are optional and fees are
negotiable.
3. THE INITIAL FEES, RATES AND CHARGES FOR SUCH SERVICES ARE AS FOLLOWS:
OPERATIONS:
Initiation fee (one time charge) $500.00*
Monthly maintenance fee (based on total groups serviced)
1 - 10 groups $100.00
11 - 20 groups $200.00
21 - 30 groups $300.00
31 - 40 groups $400.00
41 - over $500.00
Monthly processing fee (per lease) $ 6.00
* The Initiation fee is only assessed one time covering both Commercial
Leasing and Business Banking.
P. 1 of 2
P. 2 of 2 Commercial Leasing & Public Finance (cont'd)
COMMERCIAL LEASING;
Per Proposal charge $250.00
Transaction fee will be charged and a percentage based on the
amount of the lease:
$10,000 - $200,000 $200,001 - $1,000,000 OVER $1,000,000
$250.00 + .10% $500.00 + .05% 1,000.00 + .025%
(THIS INCLUDES STRUCTURING, COMPLETION OF DOCUMENTS, PURCHASING
FROM DEALER OR VENDOR, AND TITLE/INSURANCE FOLLOW-UP.)
CONSULTATION:
Charges are $50.00 per hour with a minimum of $50.00
PUBLIC FINANCE:
Per Proposal Charge $250.00
At closing, a transaction fee $250.00 base fee, plus
additional fee based on the amount financed:
$1 - $100,000 $100,000 - $250,000 $250,000 - & over
.25% .15% .10%
TRAINING - Charges are negotiable
BUSINESS BANKING LEASING:
OPERATIONS
Initiation fee (one time charge) $500.00*
Monthly maintenance fee (based on total groups serviced)
1 - 10 groups $100.00
11 - 20 groups $200.00
21 - 30 groups $300.00
31 - 40 groups $400.00
41 - over $500.00
Monthly processing fee (per lease) $ 6.00
* The Initiation fee is only assessed one time covering both Commercial
Leasing and Business Banking.
LEASE DOC PREP: Per Lease $100.00
CONSULTATION:
Charges are $50.00 per hour with a minimum of $50.00
Clarification of Credit and Collections Responsibilities:
First Citizens Bank will not provide credit analysis or make credit decisions.
Client will be totally responsible for the credit risk of the portfolio and for
all collection efforts.
FIRST CITIZENS BANK
CLIENT BANK PRICING
ADDENDUM #9
EFFECTIVE JANUARY 1999 THROUGH DECEMBER 2000
[GRAPHIC IMAGE APPEARS HERE]
INVESTMENT SERVICES:
1. SERVICES TO BE PROVIDED:
- Investment and brokerage services.
- Buying and selling of Federal Funds
- Securities sales and purchase invoicing, appraisal, and related
services to Customer upon the terms and conditions herein set forth:
DAILY TRANSACTIONS
1 - Security Invoicing - Sales and Purchases
2 - Coupon Credit Schedules
3 - Pledge Additions and releases
MONTHLY TRANSACTIONS
1 - Portfolio Accounting Report
2 - Detailed Interest Accounting, Detailed Discount accounting
& Detailed Premium Accounting
3 - U.S. Treasury and Government Agency Appraisals
4 - Pledged Securities Report
5 - Maturity Schedule for Call Statement Information
PERIODICALLY AS REQUESTED
1 - Information for Examiners
2. THE INITIAL FEES RATES AND CHARGES FOR SUCH SERVICES ARE AS FOLLOWS:
A. SECURITY TRANSACTION FEES (PURCHASES & SALES:
1. For Client's Account --
- Securities with par value $55,000 and above; $275.00 per transaction
- Securities with par value below $55,000; $ 5.00 per $1000 par value
2. For the accounts of Client's Customers --
a. Municipal Securities
1) Par value less than $50,000 $ 5.00 per thousand
2) Par value $50,000 and more $ 2.50 per thousand
b. U.S. Government and Government
Agency Securities
1) Treasury Bills $ 50.00 per trade
2) Treasury Notes, Bonds & Government
Agency Securities $ 50.00 per trade
3) One time initial Safekeeping Fee $ 25.00 per account
P. 1 of 2
P. 2 of 2 Investment Services (cont'd)
B. MONTHLY STATEMENT CHARGE --
Per line item on month-end securities
inventory listing. $ 4.75
(Minimum Charge) $150.00
C. FEDERAL FUNDS TRANSACTIONS (BASED ON FCB
Daily Weighted Average Federal Funds Rate):
- Federal Funds Sold (-) 10bp
- Federal Funds Purchased (+) 10bp
FIRST CITIZENS BANK
CLIENT BANK PRICING
ADDENDUM #10
EFFECTIVE JANUARY 1999 THROUGH DECEMBER 2000
[GRAPHIC IMAGE APPEARS HERE]
TRUST DEPARTMENT SERVICES:
REFERRALS: The client agrees to identify qualified Trust Prospects and to assist
in the solicitation of their business for Trust Services to be rendered by
First-Citizens Bank and Trust Company (FCB).
FCB will for the life of the account, pay the Client Bank 25% of the fees
actually collected by FCB on Trust Business referred or solicited by the Client
Bank and accepted by FCB.
FCB will assign the Client Bank a new business officer to familiarize the
client's personnel with the Trust services offered by FCB and to help identify
trust prospects.
FIRST CITIZENS BANK
CLIENT BANK PRICING
ADDENDUM #11
EFFECTIVE JANUARY 1999 THROUGH DECEMBER 2000
[GRAPHIC IMAGE APPEARS HERE]
ON-LINE COLLECTIONS SYSTEM
ONE TIME CHARGES:
Write Interfaces (FCB Systems Management) $ 7,500.00
Set up CACS System parameters (FCB Collections Dept.) $ 2,000.00
4 Days Client Bank on site training (FCB Collections Dept.)* $ 2,000.00
* Plus out of pocket expenses (Travel & lodging)
TOTAL ONE TIME CHARGES: $ 11,500.00
MONTHLY CHARGES:
OPTION A:
Per Loan Processed on the CACS Collections System
includes all required systems administration support. $ 0.29
Per letter generated and mailed * $ 0.05
*plus postage
OPTION B:
Per Loan Processed on the CACS Collections System
does not include any systems administration support. $ 0.07
Ongoing Systems administration support.(per hour) $ 50.00
Per letter generated and mailed * $ 0.05
*plus postage
OPTION C:
All Collection Efforts (per loan) $ 2.43
- See Service Description #7
FIRST CITIZENS BANK
CLIENT BANK PRICING
ADDENDUM #12
EFFECTIVE JANUARY 1999 THROUGH DECEMBER 2000
[GRAPHIC IMAGE APPEARS HERE]
DEALER FLOORPLAN PROCESSING SERVICES
First Citizens Bank of North Carolina will offer to its client banks the ability
to offer Dealer Floor Plans to its commercial customers. These accounts will be
set up for each bank in a totally separate Bank file but will be serviced by
First Citizens Bank of North Carolina.
SPECIFIC SERVICES TO BE PROVIDED:
o Set up of all new Dealer Floor Plan Accounts
o Adding and deleting inventory as required
o Posting Payments to the Dealer Floor Plan System
o Filing Trust Receipts
o Returning Trust Receipts when all units are paid off
INITIAL FEES, RATES AND CHARGES FOR SUCH SERVICES ARE AS FOLLOWS:
ONE TIME CHARGES:
o SYSTEM SETUP $ 4,000.00
REOCCURRING CHARGES
o TO SET UP A DEALER FLOOR PLAN (PER 15 UNITS IN THE PLAN) $ 6.30
MONTHLY CHARGES (PER DEALER FLOOR PLAN): $ 20.68
FIRST CITIZENS BANK
CLIENT BANK PRICING
ADDENDUM #13
EFFECTIVE JANUARY 1999 THROUGH DECEMBER 2000
[GRAPHIC IMAGE APPEARS HERE]
INTERNATIONAL BANKING SERVICES:
COMMERCIAL SERVICES FEE
------------------- ---
WIRE TRANSFERS
Incoming: For deposit into an account at First Citizens Bank Free
Outgoing In U.S. Dollars $30.00
In foreign currency $20.00
Recalls/amendments/tracers $20.00
DRAFTS
In U.S. Dollars or foreign currencies $15.00
Stop-payments $20.00
CHECKS FOR DEPOSIT
In U.S. or Canadian dollars drawn on a Canadian bank float only (commercial)
$1.50 (individual)
In other foreign currencies drawn on the respective countries same as above
Returned items $10.00
In U.S. dollars drawn on a foreign bank (other than Canadian) see separate schedule
COLLECTIONS
Clean (checks):
Processing/paying $25.00
Tracers expenses only
Documentary:
Import: Processing/paying 1/10% of draft amount,
Minimum $50.00, Maximum $75.00
Export:
Processing/paying:
Direct (sent by exporter) 1/10% of draft amount,
minimum $40.00, max $65.00
Indirect (sent by FCB) 1/10% of draft amount,
minimum $50.00, max $75.00
Tracers expenses only
Amendments expenses only
LETTERS OF CREDIT
Import:
Issuance $50.00, plus expenses
Amendment $35.00, plus expenses
Negotiation $1/4% of drawing amount,
minimum $60.00
P. 1 of 2
P. 2 of 2 International Banking Services
Discrepancy $50.00
Non-Utilization $50.00
Banker's acceptance/deferred payment $1 1/2% per annum,
minimum $60.00 per draft
Export:
Pre-advisement $35.00
Advisement $50.00
Confirmation by arrangement, minimum 1/10%
per quarter, minimum $100.00
Negotiation 1/8% of drawing amount,
minimum $50.00
Reimbursement claim $25.00
Discount charge on banker's acceptance by arrangement
Miscellaneous:
Transfer 1/4% of transferred amount,
minimum $200.00
Assignment of proceeds 1/4 of assigned amount,
minimum $150.00
Cargo release $50.00, plus $25.00/month
maintenance
Telex expense $5.00/minute
RETAIL SERVICES FEE
Foreign Currency (bought & sold) No Fees
Foreign Currency Travelers Checks - Supplied 1% of U.S. $
Equivalent or minimum $5.00
FIRST CITIZENS BANK
CLIENT BANK PRICING
ADDENDUM #14
EFFECTIVE JANUARY 1999 THROUGH DECEMBER 2000
[GRAPHIC IMAGE APPEARS HERE]
REMOTE SITE ACD:
The pricing detailed below will provide remote site ACD capabilities with
standard, system provided reports:
ONE TIME CHARGES:
18 Winsets FCBSC will purchase directly from Aspect
(see attached Order Schedule from Aspect)
Set up $2,500.00
Bank specific programming/customization Quote
1-800 phone line installation charges Pass through
MONTHLY CHARGES:
Per call $.038
1-800 phone line usage Pass through
PLEASE NOT THAT THIS PRICING IS FOR USE OF THE REMOTE SITE ACD ONLY. VRU/IVR
CALL USAGE, PORT USAGE AND CTI SCREEN AVAILABILITY ARE ALL PRICED SEPARATELY
FIRST CITIZENS BANK
CLIENT BANK PRICING
ADDENDUM #15
EFFECTIVE JANUARY 1999 THROUGH DECEMBER 2000
[GRAPHIC IMAGE APPEARS HERE]
DIEBOLD DIAL-UP ATMS
1. MONTHLY FEE (PER ATM) $17.22
o The fee is in addition to the normal monthly
ATM fee as disclosed on Schedule "A".
o Monthly Base Charge for 1-800 Number Vendor Charge
o Monthly Usage Charge for 1-800 Number Vendor Charge
2. PASS THROUGH CHARGES (ONE TIME)
o Development cost per unique ATM load $1200.00
o Cost of Modem at the ATM Pass Through
o Cost to Install Phone Lines Pass Through
o Cost to Convert ATM to Dial-up (Diebold) Pass Through
- See Service Description #12
FIRST CITIZENS BANK
CLIENT BANK PRICING
SCHEDULE J
MASTER SCHEDULE
EFFECTIVE JANUARY 1999 THROUGH DECEMBER 2000
[GRAPHIC IMAGE APPEARS HERE]
VAULT/NIGHT DEPOSITORY/LOCK SERVICES
THIS SCHEDULE COVERS ANNUAL MAINTENANCE, REPAIRS AND PURCHASES.
I. ANNUAL MAINTENANCE
ALL EQUIPMENT WILL BE GUARANTEED AGAINST MALFUNCTION DUE TO EQUIPMENT FAILURE
AFTER BEING TAKEN UNDER THE MAINTENANCE AGREEMENT AND THE FIRST ANNUAL
MAINTENANCE HAS BEEN PERFORMED BY THE BANK EQUIPMENT SERVICES DEPARTMENT.
FAILURE OF EQUIPMENT DUE TO NEGLIGENCE, ABUSE, MISUSE, CUSTOMER ERROR OR ACT OF
GOD WILL NOT BE COVERED UNDER THE CONTRACT AGREEMENT. ANY WORK PERFORMED BY
INDIVIDUALS OTHER THAN A BANK EQUIPMENT SERVICE DEPARTMENT REPRESENTATIVE
WITHOUT THE EXPRESSED CONSENT OF THE BANK EQUIPMENT SERVICE DEPARTMENT WILL VOID
THE CONTRACT.
VAULT DOORS, ANY MAKE:
CHARGES ARE PER DOOR SERVICED:
1" Book vault, fire or plate style doors 50.00
Above doors with Timelocks 100.00
2 inches up to 6 inches thick 240.00
6 inches up to 10 inches thick 250.00
10 inches up to 20 inches thick 275.00
HYDRAULIC DOORS: SAME PRICE SCHEDULE AS ABOVE BUT AUTOMATIC BOLT THROWING
DEVICES ARE NOT GUARANTEED.
CIRCULAR:
Up to 10 inches thick 320.00
10 inches up to 16 inches thick 355.00
16 inches up to 20 inches thick 375.00
DRIVE-UP WINDOWS: CHARGES ARE PER LANE
AUTOVEYORS: (BELT DRIVEN) 450.00
TRANS-TRAX: (PLASTIC CHAIN DRIVEN) 350.00
REMOTE TRANSACTION SYSTEMS: (PNEUMATIC - AIR SYSTEM) 650.00
Conditional guarantee: not responsible for damages due to incorrect use.
P. 1 OF 4
P. 2 Annual Service Pricing cont'd
DRIVE-UP AND WALK-UP WINDOWS:
Manual Operation 250.00
Electric deal drawer 300.00
Package drawer 150.00
Additional
AUDIO EQUIPMENT: Hourly rate
NIGHT DEPOSITORY RECEIVING CHEST ONLY:
Any make 150.00
With Timelocks 200.00
PLEASE NOTE THAT THESE CHARGES COVER THE CHEST ONLY. THE HEAD WILL BE
CLEANED AND SERVICED AS PART OF THE ANNUAL MAINTENANCE. ANY SERVICE REQUIRED
ON THE OUTSIDE HEAD OF THE NIGHT DEPOSITORY (BROKEN KEYS, JAMMED BAGS, ETC.)
IS ON A TIME AND MATERIAL BASIS.
TELLER AND CASH LOCKERS: (VAULT)
1/8" and 1/4" thick doors:
Painted with key lock 5.00
Painted with one combination lock 10.00
Painted with two combination locks 15.00
Polished with key lock 10.00
Polished with one combination lock 15.00
Polished with two combination locks 20.00
1/2" thick door with one combination 25.00
1/2" thick door with two combination locks 30.00
TELLER BUSSES AND STATIONS:
Oil and adjust each bus or station 6.00
For each combination, 5.00
Additional
(NO GUARANTEE ON KEY LOCKS OR PARTS)
MANGANESE MONEY CHEST:
Any make 150.00
Chest with timelocks 200.00
(NO GUARANTEE )
GIANT SAFE DEPOSIT VAULTS:
Tann, LeFebure, Rosengrens, Chubb 150.00
Chest with timelocks 200.00
II. REPAIRS
SAFE DEPOSIT BOX OPENING CHARGES - Parts are not included
(THESE PRICES ARE BASED ON LOCKS WITH A REMOVABLE CUSTOMER TRUNION AND
HORN. ANY PARTS DESTROYED ARE ADDED TO THE CHARGES.)
P. 3 Annual Service Pricing cont'd
CHARGE FOR OPENING A BOX* - FOR WHICH NO SPECIAL TRIP IS NEEDED (TO BE 75.00
OPENED WITHIN 12 WEEKS). PRICE INCLUDES TWO KEYS.
DRILL DOOR TO SAVE OBSOLETE LOCK, REFINISH PAINTED OR POLISHED DOOR, ALTER 100.00
AND TWO NEW KEYS.*
* If box is being opened for current customer of bank, payment is due at
time of opening. Customer may make check payable to First Citizens Bank.
CHARGE FOR OPENING WHEN THE CUSTOMER DEMANDS SPECIAL TRIP; RESPONSE AS SOON Special Quote
AS NEXT DAY. PRICE INCLUDES TWO KEYS. ** 250.00
Maximum
PARTS TO REPAIR LOCKS (RENTER PLUG AND COVER LID) 13.40
Additional
** OPENING PAST DUE BOXES DOES NOT WARRANT A SPECIAL TRIP
SAFE DEPOSIT LOCK WORK (VIA COURIER):
Switch locks and cut two new keys 8.00
Alter levers and cut two new keys 10.00
Cutting two new keys for changeable locks 15.00
Cutting two new keys for security locks 5.00
III. PARTS: ALL PARTS WILL BE INVOICED SEPARATELY AT FCB COST. THEREFORE, THE
PRICES OF PARTS IS SUBJECT TO CHANGE WITHOUT NOTICE.
KEY LOCKS:
Night Depository Keys, each 2.00
EXCEPTIONS:
HHM Night Depository Keys, each 3.35
Best Locks on Allied Heads-keys, each 3.00
Kumaharia Night Depository Keys, each 4.00
THE FOLLOWING LOCK PRICES ARE IN ADDITION TO THE OPENING FEE IF THE LOCK HAS TO
BE REPLACED.
Diebold Changeable 30.05
Diebold 17505 26.93
HHM 12 100.76
HHM 614 128.67
LeFebure Changeable 1/2" nose 45.29
LeFebure Changeable 3/8" nose 42.85
LeFebure 7300 68.96
Magnum locks 52.50
Mosler 3175 (brass) 20.05
Mosler 3175 (aluminum) 22.06
Mosler 3300 49.85
Mosler 5700 (brass) 24.18
Mosler 5700 (aluminum) 23.75
Security locks 13.56
S&G (4440, 4442, 4443) 19.50
S&G Changeable 21.80
Yale B201 26.30
P. 4 Annual Service Pricing cont'd
HOURLY AND TRAVEL RATES
FOR SERVICE NOT COVERED UNDER OUR CONTRACT SUCH AS NIGHT DEPOSITORY
HEADS, ELECTRICAL PARTS, DAMAGE CAUSED BY OTHERS, ELECTRICAL STORMS, ABUSE,
OR MISUSE, ETC., TRAVEL WILL BE BILLED BY THE HOUR (ONE WAY) NOT TO EXCEED
3 HOURS (WITH HALF HOUR INCREMENTS), EXCEPT ON AFTER HOURS CALLS, WEEKENDS
AND HOLIDAYS WHERE THE TRIP WILL BE APPLIED.
Per hour 55.00
After hours & weekends 82.50
Holidays 110.00
COMBINATIONS CAN BE CHANGED AT NO CHARGE TO THE BRANCH WHEN ANNUAL MAINTENANCE
IS PERFORMED. ANY SPECIAL TRIP TO CHANGE COMBINATIONS WILL BE BILLED AT THE
HOURLY RATE. ELECTRONIC COMBINATIONS ARE NOT COVERED UNDER THE CONTRACT
AGREEMENT.
THE BRANCH WILL BE RESPONSIBLE FOR PAYING FOR ALL PARTS USED TO REPAIR OR
MAINTAIN EQUIPMENT.
ACCEPTED AND APPROVED:
FIRST-CITIZENS BANK MASTER SCHEDULE
& TRUST COMPANY
BY: /s/ Xxxxxxx X. Xxxxxx BY: /s/ Xxxxx X. Xxxxxxx
TITLE:Senior Vice President TITLE:Chairman and CEO
DATE:4/8/99 DATE: 4/9/99
FIRST CITIZENS BANK
CLIENT BANK PRICING
SERVICE DESCRIPTION #1
[GRAPHIC OMITTED]
TELEPHONE BANKING SERVICES
1. THE SERVICES TO BE PROVIDED ARE IDENTIFIED AS FOLLOWS:
o Use of the FCB/NC automated telephone banking Voice Response Unit for
Credit Card Balance Inquiries only
o Provide "live customer support" to customers who select that option
o Provide customers with the ability to open new deposit and loan
accounts
2. THE DESCRIPTION AND THE SCOPE OF SERVICES TO BE PROVIDED ARE AS FOLLOWS:
o Any credit card customers may use the FCB/NC Automated Voice Response
Unit to inquire about the balance of their checking account. If they
are a customer of FCB/NC, they may also use this automated voice
response unit to make a credit card payment from their FCB/NC
account.
o A customer using the VRU of FCB/NC or of the client bank, may select
the option to speak with a telephone service representative. In that
case, the call will be directed to one of FCB/NC's TSR's for
resolution of their problem. If the TSR is not able to help the
customer, the call will be directed back to the client bank own bank
.
o A customer may select the option to open a new account or apply for a
loan. In that case, the customer will be directed to the FCB/NC
Telephone Banking Center where a Telephone Banking Representative
will follow normal FCB/NC procedure to open the account or close the
loan for the client bank.
FIRST CITIZENS BANK
CLIENT BANK PRICING
SERVICE DESCRIPTION #2
[GRAPHIC OMITTED]
BRANCHTELLER ARCHIVING & RETRIEVAL SERVICES:
SERVICES:
1) BRANCHTELLER SYSTEM TRANSACTION ARCHIVING
FCB will perform all of the functions for the Client Bank related
to Centralized Daily archiving of all BranchTeller transactions. This
will be done centrally in Raleigh, NC for all of the Clients Tellers.
The Client will contact FCB via email/eform to request any
necessary Teller Archive data to be printed and forwarded to the
Client Bank as necessary.
FIRST CITIZENS BANK
CLIENT BANK PRICING
SERVICE DESCRIPTION #3
[GRAPHIC OMITTED]
T-TAX PROCESSING SERVICES
1 . THE SERVICE TO BE PROVIDED:
First Citizens Bank of NC has entered into an agreement with an
outside vendor ("Cash Tax") to provide FCBNC and our Client Banks, the
ability to sell a service to be used by Business customers, to pay
Federal Taxes via ACH Debit to the customers DDA account. The payment
is then forwarded to the IRS on an automated basis.
Once the Client Bank has verified the customers enrollment form
for completeness and accuracy, it will be forwarded to FCBNC for final
review and submission to Cash Tax.
2. PASS THROUGH CHARGES:
All outside vendor charges related to the processing of T-Tax
transactions will be passed through to the Client Bank.
FIRST CITIZENS BANK
CLIENT BANK PRICING
SERVICE DESCRIPTION #4
[GRAPHIC OMITTED]
REMOTE ACCESS:
1) SECURE NET KEY $65.00 One Time Charge
(FCB retains the right to recall the key
and refund the Client Bank at anytime)
2) TELECOMMUNICATIONS:
Option A: Establish a unique 1-800 for the Client Banks use.
The Client Bank pays all costs associated with the
1-800 line and usage.
(Estimated at $20/month plus $0.17 per minute of
usage)
Option B: Establish direct dial, local or long distance
access. The Client Bank pays all costs associated
with the line (s) and usage. (Estimated at $0.24 to
$0.29 per minute for Long Distance).
3) COMMUNICATIONS SOFTWARE:
Each Institution is responsible for the purchase and installation
of their own Communications software. FCB recommends and Supports
"Procomm".
4) FCB SUPPORT: 10.00 per month per SecureNet Key Issued.
5) FCB reserves the right to limit the number of users to be provided with
Dial Access. Currently the maximum number of SecureNet Keys to be issued
is as follows:
Client Bank with Assets of $1 Billion or Greater = 8 SecureNet Keys
Client Bank with Assets of less than $1 Billion = 4 SecureNet Keys
FIRST CITIZENS BANK
CLIENT BANK PRICING
SERVICE DESCRIPTION #5
[GRAPHIC OMITTED]
CRA ANALYSIS AND REPORTING
First Citizens Bank will, as outlined below, perform certain functions and
provide certain information in such a manner as to aid with CRA compliance. Only
those functions described below will be performed automatically by First
Citizens Bank. However, First Citizens Bank, in no way, accepts responsibility
for each individual bank's compliance with CRA.
SPECIFIC SERVICES TO BE PROVIDED:
1. MONTHLY
o Extract the applicable loan information from loans that fall under the CRA
regulation, import this information into the Centrax software, and GEO code
the loans.
o Provide to each bank an Error Reject Report of all loans for which a valid
GEO code was unobtainable.
o Provide to each bank the Annual Revenue Reject Report for all loans for
which there was no income stated on the loan record
o Force GEO code the Business Farm and Business loans, if requested by the
client to do so.
2. QUARTERLY
o Provide the CRA Business Farm and Consumer Performance Report
o Provide the Community Development Loan Report
3. ANNUALLY
o Provide the Year End Assessment Maps (no loans will be plotted on these
maps)
o Provide the Year End Loan Performance Report
o Provide the Remittance File Submission Disk and Form for the bank to sign
and remit.
4. SPECIAL REQUEST
o Any request for a report/map/information not specifically stated in this
schedule should be submitted in writing and FCB/NC will reply with a time
and price estimate.
FCB/NC will not:
o Accept responsibility for each bank's compliance with CRA.
FIRST CITIZENS BANK
CLIENT BANK PRICING
SERVICE DESCRIPTION #6
[GRAPHIC OMITTED]
PC HOME BANKING SERVICES
PROCESSING:
PC Banking On-Line Processing and interface with CheckFree Systems.
SUPPORT:
OPTION A: FULL SUPPORT
CUSTOMER SET UP: Includes the one time set up of the Customers
on one application on the Check Free System and on
the FCB system.
Includes set up of any Xxxx Payees associated
with the application over the life of the
relationship.
Includes "fulfillment" (mailing of the
introductory package of Software, manual,
disclosures and letter). Fulfillment does not
include the cost of postage or the materials.
FULL TELEPHONE SUPPORT: This support will be available during the same
days and hours as is available to First Citizens
Bank of NC PC Home Banking Customers.
Technical Support: Includes telephone support for Technical
questions from Client Bank Customers related to
the installation and running of the PC Home
Banking Software.
Non Technical Support: Includes telephone support for all non
technical questions from Client Bank Customers
related to the PC Home Banking Product, PC Xxxx
Payment Services..
OPTION B: TECHNICAL SUPPORT ONLY
TECHNICAL SUPPORT: Includes telephone support for Technical questions
from Client Bank Customers related to the
installation and running of the PC Home Banking
Software. This support will be available during the
same days and hours as is available to First Citizens
Bank of NC PC Home Banking Customers.
FIRST CITIZENS BANK
CLIENT BANK PRICING
SERVICE DESCRIPTION #7
[GRAPHIC OMITTED]
COLLECTION OF INSTALLMENT AND LOC LOANS
1. THE SERVICES TO BE PROVIDED ARE IDENTIFIED AS FOLLOWS:
o Extraction of delinquent Installment Loans and Lines of Credit
o Automatic input of these loans into the CACS On-Line Collection
System
o Printing and mailing of Collection Letters
o Phone Calls to delinquent customers
o Repossession of Collateral where necessary
o Filing of any legal documents necessary
2. THE DESCRIPTION AND THE SCOPE OF SERVICES TO BE PROVIDED ARE AS FOLLOWS:
o Procedures to collect delinquent accounts will be the same as those
now in effect to collect delinquent loans for FCB/NC except in the
case where state regulations may cause a change in procedure.
o Collectors will use the ACS on-line collection system now in place to
collect these loans. However, FCB/NC reserves the right to use any
collection system that it deems appropriate for itself.
FIRST CITIZENS BANK
CLIENT BANK PRICING
SERVICE DESCRIPTION #8
[GRAPHIC OMITTED]
LOAN DOCUMENT PREPARATION SOFTWARE SUPPORT
1. THE SERVICES TO BE PROVIDED TO "AFFILIATE BANKS" ARE IDENTIFIED AS FOLLOWS:
o Use of CFI Laser Pro Software at the Branch and/or Centralized Location
o Software Maintenance Fees (CFI and FCB)
o Implementation of all future vendor supplied SW releases and updates
o All future new product set up, by FCB analysts
o Host interfaces from CFI Laser Pro to the FCB Consumer Loans, CIS and
LOC systems
o Use of the "Loan Remote" Software System for Printing from a central
location*
*Please note that upon conversion from "Loan Remote" to another
Software system, additional SW Licensing fees may apply, which will be passed
through to the Client Bank from the Software Vendor.
FIRST CITIZENS BANK
CLIENT BANK PRICING
SERVICE DESCRIPTION #9
[GRAPHIC OMITTED]
APPRO MP-100 CBI FAX BACK/LOAN SCORING PROCESS
1. SERVICE:
The Client Bank will submit a formatted CICS transaction in the
format of the required On-line Loan Application to the host computer.
This data will be forwarded to the FCBNC Appro MP-100 system. The Appro
MP-100 System will FAX back to the designated location, a complete CBI
along with a Credit Score. This data will serve as part of the tools
used by the Client Bank Credit Officer in decisioning the loan.
2. PASS THROUGH CHARGES:
All outside vendor charges will be passed through to the Client Bank.
These may include, Credit Bureau charges for the per CBI charge, as well
as phone line charges
for FAX back, etc.
FIRST CITIZENS BANK
CLIENT BANK PRICING
SERVICE DESCRIPTION #10
(GRAPHIC IMAGE APPEARS HERE)
LARGE CURRENCY TRANSACTION REPORTING:
SPECIFIC SERVICES INCLUDED:
CONVERSION: - Set up Bank Information
- Set up Branch Information
- Set up Branch Access/Limits to System
- Enter Repeat Customer Information on Data Base
- Enter Exemption Information on Customer File
- Assign Report Distribution
ON-GOING: - Use of on-line Large Currency Reporting System
- Hot line for On-Line CTR questions
- Verification of All POD versus On-Line entries
- Maintaining / Updating Customer Data Base
- Magnetic Reporting of CTR Information
- Rendering Mag Tape to IRS
- Correcting/Acknowledgment of IRS Acceptance
- Furnish 60 Day History For Exemption Review/Request
- 5 year Retention of CRTs and Exemption Listings
- Continued Training related to any on-line changes
FIRST CITIZENS BANK
CLIENT BANK PRICING
SERVICE DESCRIPTION #11
(GRAPHIC IMAGE APPEARS HERE)
COLLECTION OF PERSONAL CREDIT CARD ACCOUNTS
1. THE SERVICES TO BE PROVIDED ARE IDENTIFIED AS FOLLOWS:
o Using the FDR on-line system, identification of delinquent accounts
o Printing and mailing of Collection Letters
o Phone Calls to delinquent customers
2. THE DESCRIPTION AND THE SCOPE OF SERVICES TO BE PROVIDED ARE AS FOLLOWS:
o Procedures to collect on delinquent accounts will be the same as
those now in effect to collect delinquent loans for FCB/NC except in
the case where state regulations may cause a change in procedure.
o Collectors will use the FDR on-line system now in place to collect
these loans. However, FCB/NC reserves the right to use any collection
system that it deems appropriate for itself.
FIRST CITIZENS BANK
CLIENT BANK PRICING
SERVICE DESCRIPTION #12
(GRAPHIC IMAGE APPEARS HERE)
MONITORING OF DIEBOLD DIAL-UP ATMS
1. SERVICES PROVIDED TO MONITOR COMMUNICATIONS LINK WITH THE ATMS:
The ATM sends an hourly "healthcheck" message which FCB Network Control uses to
report communications failures. Every hour the host checks two internal
parameters to detect possible problems:
o The host is receiving a "healthcheck" every hour
AND
o The ATM has performed a transaction within 16 hours
If the "healthcheck" is not received, Network will dispatch Diebold immediately
to the ATM site. If there has not been activity within 16 hours, Network
executes an instruction to send a new load to the ATM the next time the
"healthcheck" comes in and continues to monitor for transactions. If no
transactions occur once the load is sent, Diebold is dispatched to the ATM site.
FIRST CITIZENS BANK
CLIENT BANK PRICING
SCHEDULE A
THE FIDELITY BANK
(GRAPHIC IMAGE APPEARS HERE)
EFFECTIVE JANUARY 1999 THROUGH DECEMBER 2000
INITIAL SYSTEM APPLICATION SET UP CHARGES (NEW BANK, ONE TIME FEES)
-DEMAND DEPOSIT SYSTEM 7,500.00
-TIME DEPOSIT SYSTEM 5,000.00
-LOC 5.000.00
-COMMERCIAL LOANS 7,500.00
-CONSUMER LOANS 5,000.00
-GENERAL LEDGER 5,000.00
ACCOUNT PROCESSING
Includes Contingency planning / Disaster Recovery.
Enterprise Wide Electronic Mail (EMAIL) system access.
Year End Processing.
PRICING BASED ON ACTIVE ACCOUNTS ONLY.
MONTHLY MONTHLY
DESCRIPTION FEE MINIMUM
----------- --- -------
*DDA - (per account) 0.420 2,500.00
*SAVINGS - (per account) 0.420
*TIME DEPOSITS -
-TDA/PRENEED/CLUB (per account) 0.420 1,000.00
*XXX - (per account) 0.500
*MASTER NOTES - (per account) 0.470
*PACKAGED ACCOUNTS - (per account) 0.250
*LOC ACCOUNTS (per account) 500.00
- Checkline Reserve 0.420
- Checkline Plus 0.420
- Equityline 0.440
*COMMERCIAL LOANS - (per account) 0.750 500.00
*CONSUMER LOANS (ILS) - (per account) 0.750 500.00
*GENERAL LEDGER - (per branch) 124.000 750.00
*BR-BANKER & BA-TELLER (per branch) 91.63
ATM - CARD ISSUE (per card) 1.750
ATM - (per ATM) 75.000
IVR PORT - (per port)
- Periphonics 274.000
- Aspect 30.000
IVR USAGE (per phone call)
- Periphonics .030
- Aspect .043
- Externally attached IVR for CPU usage only .030
P. 2 of 7
MONTHLY MONTHLY
DESCRIPTION FEE MINIMUM
TELEPHONE SERVICE REPRESENTATIVES- (per call) 5.130
- See Service Description #1
TELEPHONE BANKERS - (per call) 18.350
- See Service Description #1
*ACH - (per transaction) 0.055
SAFE BOX ACCOUNTS - (per account) 0.070 200.00
-maintenance & balancing services (optional, 0.030
per account)
CRA EXTRACT - (per record) .050
SPECIAL REQUESTS Quote
*MOTIVATOR - (per employee) 7.520
CENTRAL BANK OPERATIONS
RETURNS - (per item) 0.4458
FAX LARGE ITEM RETURNS - (per item) 2.0000
XX XXXXXX ARCHIVE - (per teller workstation)
- With Teller Balancing 11.2500
- Without Teller Balancing 4.5300
- See Service Description # 2
FOREIGN ITEMS FOR COLLECTION - (per item) 1.2000
- Also, a float adjustment will be made to the Client Bank
Due to/Due from account for the # of days in collection.
*STATEMENT RENDERING - (per statement rendered)
-ZERO ENCLOSURE STATEMENTS 0.0780
-ENCLOSURE STATEMENTS 0.2300
*PROOF - (per item) 0.0254 500.00
PROOF - (per pre-encoded items) .0000
*SORTER - (per item) 0.0152 750.00
ENCODED - IN STATE - (per item) 0.0027
ENCODED - OUT OF STATE - (per item) 0.0436
ACCOUNT RECONCILIATION PROCESSING (ARP):
-PARTIAL/RANGE
-Minimum Monthly Charge/ per account 20.0000
-Per Item 0.0300
-FULL RECON
-Minimum Monthly Charge/ per account 30.0000
-Per Item 0.0400
-DEPOSIT RECON
-Minimum Monthly Charge/ per account 30.0000
-Per Item 0.0400
CHECK SERIAL SORT
- (minimum monthly charge) 20.0000
- (per item) 0.0200
FOOD COUPONS - (per coupon) 0.0056
SALES DRAFTS - (per item) 0.0716
MC & VISA PAYMENTS - (per item) 0.1217
CD ROM - (per item captured) 0.0400 -
(per CD produced) 16.0000
- Initial Software (Pass Through)
T TAX - (per T TAX account) 0.3000
- See Service Description #3
T T & L PAYMENT PROCESSING - (per payment) .0050
BUSINESS EXPRESS
P. 3 of 7
MONTHLY MONTHLY
DESCRIPTION FEE MINIMUM
-Per Account added or changed (one time) 1.0000
-Download to ADP & Support (per account) .4500
LCR ANALYSIS - (per CTR) 1.2900
- See Service Description #10
MC & VISA RESEARCH RETRIEVAL - (per item) 1.5000
MC & VISA CONVENIENCE CHECK
PROCESSING:
-CD-ROM Imaging Charges - (per item) 0.0400
-Exception Handling & Processing - (per item) 0.1950
DATA ENTRY SERVICES **:
-Visa, MC, Merchant, ARC, Maintenance,
New Accounts, etc. - (per customer input) 0.2700
** This only applies to companies for which FCBNC
does not provide Account processing services.
RESEARCH (Per Photo Copy) 0.9500
ADJUSTMENTS (Per Adjustment Completed) 7.1800
OTHER
LOCK BOX SERVICES:
-Maintenance - (per box ) 32.0000
-Box Rental - (per box) 1.0000
-Processing - (per item) .2200
-Photo Copy - (per item) .0500
-Deposit Preparation - (per day) 1.0000
-Optional Services;
-Deposit Reporting - (per month) 20.0000
-Toll Call Deposit Reporting - (per month) 32.0000
-FAX Services
-Per month 20.0000
-Per Page .2000
-Research - (per request) .8000
-Mag Tape - (per month) 40.0000
-Postage = Pass through + (per item handling fee) .0400
-Other QUOTE
ENVELOPE OPENING - (per envelop) .0200
REMOTE ACCESS (DIAL ACCESS)
- Secure Net Key Deposit - (per key/one time charge) 65.0000
- Secure Net Key Support - (per key) 10.0000
- See Service Description #4
MERGERS & ACQUISITIONS
-Charges are calculated using "Standard Fees" below.
-Consultant Charges/Out of Pocket Actual Cost
CRA ANALYSIS AND REPORTING - (per CRA record) 1.5800
- See Service Description #5
SECURITY MONITORING - (per branch) 27.5000
MCIF MONTHLY EXTRACT - (per record) 0.0039
MCIF ANALYSIS AND REPORTING - (per record) 0.0100
TSO ACCESS - (per user) 50.0000
NCOA PROCESSING - (per record extracted) 0.0030
OFAC DAILY PROCESSING -(per record extracted) 0.0500
OFAC FULL FILE PROCESSING - (per record extracted) 0.0015 P. 4 of 7
MONTHLY MONTHLY
DESCRIPTION FEE MINIMUM
OFAC FACS SW COPIES - (per software license/per year) 600.0000
EARLY WARNING FRAUD DETECTION & OFAC PROCESS'G .0500
INTERNAL CONTROLS - (per branch) 74.7300
DESKTOP SUPPORT- (per associate) 29.7200
OPTICAL PROCESSING
-Per Page 0.0007
-Per Disk 95.0300
FILE TRANSMISSIONS USING XCOMM - (per byte) 0.0000347
OTHER FILE TRANSMISSION MODES TBD
PC HOME BANKING
-Per Customer Set Up 14.6000
-Full Support - (per customer) 1.2500
-Technical Support Only - (per customer) .2500
- See Service Description #6
CREDIT CARD COLLECTION - (per credit card delinquent) 3.6000
- See Service Description #11
LOAN DOC PREP
-One Time Charge 2,400.0000
- Per Branch 99.0000
- Vendor Software License Fee Quote
- See Service Description #8
APPRO MP100 - CBI FAXBACK - (per loan processed) 1.0300
Plus Fax Phone Live Charges (Pass Through)
- See Service Description #9
FCB MANUALS
-Initial Set of Manuals 350.000
-Annual Update Fee 100.000
STANDARD FEES (Charged in 1/4 Increments)
-First Citizens Bank Personnel
Management/Technical/Professional & Consulting
(Per Hour) 60.000
Clerical/Administrative (Per Hour) 25.000
-Computer Time (Per Hour) 250.000
-Supplies and Out of Pocket Expense Actual Cost
TRANSPORTATION SERVICES:
-Pass Through from Vendor plus 10% Administrative Fee
P. 5 of 7
PURCHASING SERVICES See Attached Pricing Addendum 1
FACILITIES CONSULTING SERVICES See Attached Pricing Addendum 2
EDUCATIONAL FEES See Attached Pricing Addendum 3
CASH MANAGEMENT (Datanet) See Attached Pricing Addendum 4
EASYTRIEVE REPORTING See Attached Pricing Addendum 5
LOAN SUPPORT SERVICES See Attached Pricing Addendum 6
PAYROLL PROCESSING SERVICES See Attached Pricing Addendum 7
COMM. LEASING & PUBLIC FINANCE SVCS. See Attached Pricing Addendum 8
INVESTMENTS See Attached Pricing Addendum 9
TRUST See Attached Pricing Addendum 10
ON-LINE COLLECTION SYSTEM See Attached Pricing Addendum 11
DEALER FLOOR PLAN PROCESSING SERVICES See Attached Pricing Addendum 12
INTERNATIONAL BANKING SERVICES See Attached Pricing Addendum 13
REMOTE SITE ACD See Attached Pricing Addendum 14
DIEBOLD DIAL-UP ATMs See Attached Pricing Addendum 15
NETWORK MANAGEMENT:
MONTHLY NETWORK MANAGEMENT FEES:
o FCB Network Management Fee (per line drop) * $ 144.75
o Communication lines and equipment (per line drop) * $ 255.51
o Adds, changes, deletes to existing network * QUOTE
o Installation charges * PASSTHROUGH
* Fee will be changed upon implementation of the Frame Relay Network, as
follows:
o FCB Network Management Fee (per line drop) $ 152.36
o Communication lines and equipment (per line drop) $ 294.00
o Adds, changes, deletes to existing network QUOTE
o Installations charges PASSTHROUGH
P. 6 of 7
PASSTHROUGH CHARGES:
MONTHLY MONTHLY
DESCRIPTION FEE MINIMUM
MAGNUM/CBI
-Initial Set Up Fee (one-time) 1,260.0000
-Monthly Processing Support 200.0000
-Per CBI Transaction Charge 0.1000 each
-Transaction Processing/Software Maintenance
(pass through from vendor) Actual Cost
POSTAGE AND PRESORT FEES
TRANSPORTATION
EARLY WARNING/WJM TECHNOLOGIES
SERIES E BONDS
MICROFICHE
MICROFILM / MICROFICHE OFFSITE STORAGE
ADP FINANCIAL SERVICES
ADVANTIS
BUSINESS RECOVERY (SC ONLY)
CD ROM INITIAL SOFTWARE
PURCHASING
PC MAINTENANCE
RENTAL FEES AND MAINTENANCE OF LOCK BOX
APPRO FAXBACK CREDIT BUREAU CHARGES AND FAX PHONE LINE CHARGES
CASH TAX
OTHER
P. 7 of 7
NON CBO DISCOUNTS:
A VOLUME DISCOUNT CREDIT WILL BE APPLIED TO THE TOTAL AMOUNT OF NON CBO
MONTHLY CHARGES FROM THE ITEMS HAVING AN ASTERISK (*) ABOVE, ACCORDING TO THE
FOLLOWING SCHEDULE:
MONTHLY TOTAL DISCOUNT
$ 00,000 - $24,999 NONE
25,000 - 37,499 2.5%
37,500 - 49,999 5.0%
50,000 - 62,499 7.5%
62,500 - 74,999 10.0%
75,000 - 87,499 12.5%
87,500 - 99,999 15.0%
100,000 - 112,499 17.5%
112,500 - 124,999 20.0%
125,000 - 137,499 22.5%
137,500 - 149,999 25.0%
150,000 - 162,499 27.5%
162,500 - 174,999 30.0%
175,000 - 199,999 32.5%
200,000 - ABOVE 35.0%
CBO DISCOUNTS:
A VOLUME DISCOUNT CREDIT WILL BE APPLIED TO THE TOTAL AMOUNT OF CBO MONTHLY
CHARGES FROM THE CBO ITEMS HAVING AN ASTERISK (*) ABOVE, ACCORDING TO THE
FOLLOWING SCHEDULE:
MONTHLY TOTAL DISCOUNT
$150,000 - GREATER 5%
COMPENSATING BALANCE:
Client Bank monthly invoice will be adjusted based upon the compensating average
collected balances of all accounts maintained at First Citizens Bank. Average
positive collected balance will be paid an earnings credit based upon the
average Federal Funds Rate for the month (-10bp).
Average negative collected balances will be charged at the average Federal Funds
Rate for the month (+10 bp).
PRICING CHANGES:
These prices may increase effective January 1, 2000. The total price increase
will not exceed the change in the Consumer Price Index as of the previous August
plus 1%.
ACCEPTED AND APPROVED:
FIRST-CITIZENS BANK THE FIDELITY BANK
& TRUST COMPANY
By:/s/ Xxxxxxx X. Xxxxxx By: /s/ Xxxxx X. Xxxxxxx
Title:Senior Vice President Title:Chairman
Date: 12/7/98 Date: 12/7/98
