NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor's accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category. For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit http://www.fdic.gov/deposit/deposits/unlimited/expiration.html.

Bank of Oakfield E-Z Product Line
Current Deposit Rates
E-Z Account
Type
Minimum
to Open
Credit
Frequency
Penalty/Charges
Interest
Rate
APY*
3 Month CD
$500.00
Maturity
1 month interest
0.10%
0.10%
6 Month CD
$500.00
Quarterly
3 months interest
0.30%
0.30%
12 Month CD
$500.00
Quarterly
6 months interest
0.50%
0.50%
18 Month CD
$500.00
Quarterly
6 months interest
0.60%
0.60%
24 Month CD
$500.00
Quarterly
12 months interest
0.80%
0.80%
36 Month CD
$500.00
Quarterly
12 months interest
1.09%
1.10%
48 Month CD
$500.00
Quarterly
12 months interest
1.34%
1.35%
60 Month CD
$500.00
Quarterly
12 months interest
1.39%
1.40%
12 Month IRA
$10.00
Semi-Annually
6 months interest
0.60%
0.60%
18 Month IRA
$100.00
Semi-Annually
6 months interest
0.70%
0.70%
E-Z MM
$500.00
Quarterly
$10.00 if balance
< $500.00
Savings/
Min Daily Bal
$0.00 -
$499.99
0.00%
0.00%
E-Z Business MM Savings
Min Daily Bal
$500.00 -
$2,500.00
0.07%
0.07%
Min Daily Bal
$2,500.01 -
$20,000.00
0.15%
0.15%
Min Daily Bal
$20,000.01 -
$100,000.00
0.25%
0.25%
Min Daily Bal
$100,000.01
and over
0.35%
0.35%
E-Z Money
$500.00
Monthly
$10.00 if balance
< $500.00
Checking/
Min Daily Bal
$0.00 -
$499.99
0.00%
0.00%
E-Z Business NOW
Min Daily Bal
$500.00 -
$2,500.00
0.02%
0.02%
Min Daily Bal
$2,500.01 -
$20,000.00
0.07%
0.07%
Min Daily Bal
$20,000.01 -
$100,000.00
0.10%
0.10%
Min Daily Bal
$100,000.01
and over
0.15%
0.15%
E-Z Savings/E-Z Business Savings
$100.00
Quarterly
$5.00 if bal <$100
0.05%
0.05%
E-Z Checking
$50.00
None
$5.00 if bal < $200
Christmas Club Account
$5.00
Annually
accrued interest
0.25%
0.25%
Super Savers Club Account
$10.00
Quarterly
0.30%
0.30%
* APY = Annual Percentage Yield
The Interest Rate and Annual Percentage Yield displayed are accurate as of
May 20, 2013.

The Annual Percentage Yields shown above assume that all principal and interest remain on deposit for the entire term. Additional account disclosure information is provided in the supplement to account rules.

CD Accounts: A penalty may be imposed for early withdrawal. Minimum balance required to receive monthly interest check is $10,000.00

E-Z Named Accounts, Christmas Club and Super Savers Club: The rate may change after the account is opened; fees may reduce earnings on the account.


Member FDIC

Bank of Oakfield

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