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Choice Checking Account Disclosure

MINIMUM BALANCE TO OPEN:
$25.00 is required to open the account.

MINIMUM BALANCE REQUIRED TO AVOID SERVICE CHARGE AND SERVICE CHARGE FEE IF MINIMUM BALANCE IS NOT MET:
$2,500.00 minimum daily balance requirement. A $16.00 maintenance fee will be assessed against your account for any statement cycle in which the balance in the account falls below $2,500.00 on any day.

OTHER FEES:
As disclosed in our Personal Accounts Schedule of Service Fees, a Foreign ATM per transaction fee will apply when you use an ATM not owned by BMT.

You may also be charged a fee by the ATM operator or any network used to complete the transaction. This may include withdrawal, balance inquiry or other transaction. Additional fees that may be assessed against your account are listed on our Personal Accounts Schedule of Service Fees.

Fees may reduce earnings.

RATE INFORMATION/INTEREST:
If your daily balance is $25,000 or more, the interest rate paid on the entire balance in your account will be Enter Zip%, with an annual percentage yield of Enter Zip%

If your daily balance is $7,500 or more, but less than $25,000, the interest rate paid on the entire balance in your account will be Enter Zip%, with an annual percentage yield of Enter Zip%.

If your daily balance is $2,500 or more, but less than $7,500, the interest rate paid on the entire balance in your account will be Enter Zip%, with an annual percentage yield of Enter Zip%.

If your daily balance is less than $2,500.00, the interest rate paid on the entire balance in your account will be Enter Zip%, with an annual percentage yield of Enter Zip%.

BALANCE TIERS
We may set the rate for each tier in any amount. The interest rate for one tier may be the same rate, or a higher or lower rate, than the rate for a lower tier. Interest rates and annual percentage yields for tiers may change at any time. You must maintain the minimum tier balance in the account each day to obtain the disclosed annual percentage yield for that tier.

Future rates will be determined at our discretion. 

MINIMUM BALANCE TO EARN INTEREST:
You must maintain a minimum balance of $2,500.00 each day to obtain the annual percentage yield listed above. Your account will not earn interest on any day where the balance in the account drops below $2,500.00.

COMPOUNDING AND CREDITING:
Interest will be compounded daily. Interest will be credited to your account on the last day of the statement cycle. Interest accrues on collected balance.

BALANCE COMPUTATION METHOD:
We use the daily balance method to calculate the interest in your account. This method applies a daily periodic rate to the collected balance in the account each day.

WHEN WILL INTEREST BEGIN TO ACCRUE:
Interest begins to accrue on the first business day after the banking day of deposit of noncash items, for example, checks.

08/01/2020
PR132