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FAIR Savings Basic Terms and Conditions

Account Opening and Usage

Minimum Amount to Open the Account

You must deposit $25 to open the account.

Monthly Maintenance Fee

$0

Quarterly Statement Fee

$1.50

Requirements to Waive the Quarterly Statement Fee

If you sign up for eStatements, the statement fee will be waived. You will not see this fee waived until your first full statement cycle of receiving eStatements.

Account Closure Fee

$15.00 if account is closed for no activity or a negative balance within 180 days of account opening.

Online Banking and Electronic Statement (eStatement) Enrollment

Please visit sunrisebanks.com to enroll in online banking and eStatements. For enrollment questions please contact (651) 265-5600.

Stop Payment Fee

We charge $25.00 for each stop payment.

If you have told us in advance to make regular payments out of your account, you can stop any of these payments. Here’ s how:

Call or write us at the telephone number or address listed in this disclosure, in time for us to receive your request 3 business days or more before the payment is scheduled to be made. If you call, we may also require you to put your request in writing and get it to us within 14 days after you call.

Please consult our service fee schedule for a detailed listing of all bank fees that could be charged in connection with this account.

Interest and Annual Percentage Yield Information

Interest Rate

.02%

Annual Percentage Yield (APY)

.02%

Interest Rate and APY Applied

To the entire account balance.

Interest Rate Determination

Variable Rate – Your interest rate and Annual Percentage Yield may change.

Determination of Rate

At our discretion we may change the interest rate on your account.

Frequency of Rate Changes

Your rate may change daily.

Frequency of Compounding

Monthly

Frequency of Interest Crediting

Monthly – interest will be credited the last business day of your statement cycle.

Effect of Closing the Account

If you close your account before interest is credited to the account, you will not receive the accrued interest.

Balance Computation Method for Interest Calculations

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 Non-Cash Deposits

Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example checks).

We reserve the right to at any time require no less than seven days notice in writing before each withdrawal from an interest-bearing account other than a time deposit or demand deposit, or from any other savings account as defined as Regulation D.

Limitations and Additional Terms

Transaction Limitations

During any month you may not make more than 6 withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card, or similar order to a third party.

You can make unlimited in-person and ATM withdrawals with no bank fee assessed.

Non-Sunrise Bank ATM’s may charge you a withdrawal fee at the time of the transaction.

Visit www.sunrisebanks.com for a listing of Sunrise Banks ATMs.

Additional Services Charge

Per debit transaction fee – If you exceed 6 withdrawals or transfers to another account of yours or to a third party by means of preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card, or similar order to a third party, you will be charged $1.00 per withdrawal or transfer in excess of 6 per statement cycle.

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