Savings Account Disclosure: Alabama | BBVA

BBVA Savings

Account Disclosure - Alabama

Minimum $25 deposit needed to open account

Quarterly $15 Service Charge

Ways to avoid (1) Daily Collected Balance of at least $500 in this account; or quarterly (2) Have an automatic, recurring monthly transfer of at least Service Charge $25 from a BBVA checking account to your savings account when the Service Charge would be assessed.

Does the Yes Interest is earned on the entire account balance. For account earn additional interest rate and interest calculation information, interest? see the account disclosures and Relationship Summary Form.

How often will Quarterly statement be available?

Quarterly Paper $3 How to avoid the Paper Statement Fee? Statement Fee (1) sign in to Online Banking; and (2) turn off paper statements After doing this you will receive your statements in Online Banking and will no longer receive a paper statement ACCOUNT OPENING AND USAGE Excess $3 Charged for each withdrawal over 4 per statement cycle Transaction Fee

Insufficient $38 For each paid item presented against insufficient funds (NSF) Funds Charge- Paid Insufficient Funds (NSF) Charge – Paid Item Fee is not Item charged on an item that causes the available balance on your account to be overdrawn by $1.00 or less.

Insufficient $38 For each returned item presented against insufficient funds (NSF) Funds Charge- Returned Item

Deposit Item $15 For each item that you deposit that is rejected by the payor Returned Fee bank ($25 for foreign items)

Stop Payment $32 For each request made by telephone or in-branch Fee

Early Account $25 If account closed within 180 days of opening Closing Fee

Other Service Please consult your account disclosure for a list of additional Fees service fees, including the Paper Statement Fee Certain withdrawal transactions from savings and money market accounts may result in the account being reclassified as non-interest bearing if limits are exceeded. The following withdrawal transaction types are limited to six (6) per month: transfers to another deposit account with BBVA or to a third party by means of a pre-authorized agreement, telephonic request, check, debit card, draft or similar TRANSACTION LIMITS order (including Online Banking transfers and sweep transfers from a savings or money market account). There is no limit on the number of withdrawal transactions from such accounts when made in person at a BBVA banking office or at an automated teller machine. Withdrawal transactions of any type in excess of the Excess Transaction Fee limit will be subject to a fee.

Posting Order We process and post transactions - both credits The order in which withdrawals and deposits (including deposits) and debits - throughout the are processed day. This approach allows us to more closely match the posting of transactions on your account with the timing of your actual account activity.

Note:Deposits received and posted late in the day will not cover payments and withdrawals posted earlier the same day.

Summary of Our Deposit Hold Policy • Cash deposit with teller or at ATM - Same This is a summary and generally applies when business day as the day of deposit deposit amount is less than$5,525 -absent a deposit hold. See the Consumer Deposit • Account Agreement, Funds Availability Direct Deposit/wire transfer - same PROCESSING POLICIES Disclosure, for a detailed description of our business day as the day of deposit deposit hold policy. • Check deposit with teller or at ATM - same business day as the day of deposit

• If something causes a longer hold on a deposit listed above, the first$225 of that deposit will generally be made available the same business day as the day of deposit

• Mobile Deposit - Within 5 business days or less. Date displayed in mobile application.

A "business day" is a non-holiday weekday. At branches, business days end at closing time. At ATMs, business days end no earlier than 8:30 p. m.

Dispute If a dispute arises between us, you or we may require that it be resolved through Resolution arbitration, rather than through jury trial. Please see the arbitration and waiver of DISPUTE RESOLUTION Agreement jury trial provisions in your Consumer Deposit Account Agreement for additional details.

Full Terms & Conditions

ACCOUNT OPENING AND MAINTENANCE

Minimum Opening Deposit $25

Service Charge $15 per quarter

Service Charge will not apply in statement cycles when:

• (1) You maintain a minimum daily Collected Balance of $500 or more in your BBVA Savings account; OR • (2) You have an automatic, recurring monthly transfer of $25 or more from a BBVA checking account to your BBVA Savings account in effect at the time the service charge would be assessed.

Statement Cycle Quarterly

Paper Statement Fee $3per statement cycle

The Paper Statement Fee will be assessed in the following statement cycle. For example, the Paper Statement Fee for the December statement will be assessed in March and will appear on the March statement.

How to Avoid the Paper Statement Fee You can avoid the Paper Statement Fee by turning off your paper statements and receiving your account statements electronically through Online Banking.

Early Account Closing Fee $25The Early Account Closing Fee is assessed when a new account is closed within 180 days of opening.

Excess Transaction Fee $3Excess Transaction Fee charged for each withdrawal transaction in excess of 4 per statement cycle

HOW INTEREST IS EARNED ON YOUR ACCOUNT

The daily balance method is used to calculate interest on your account. This method applies a daily periodic rate to the daily Collected Balance in the account each day. Interest on deposits begins to accrue no later than the business day on which we receive credit for the deposit. Accrued interest is credited to the balance in the account on the first business day of the following statement cycle. Accrued interest that is credited to the balance in the account begins to earn interest no later than the next business day and compounds with each statement cycle. Statement cycles are generally quarterly, unless otherwise disclosed. If you close your account or convert your account to a non-interest bearing account before accrued interest, if any, is credited, you will not receive the accrued interest. A taxpayer identification number will be required to earn interest on these accounts.

Collected Balance is your account balance minus any funds you have deposited that have not been collected from the financial institution on which the deposited funds are drawn.

The following chart shows the annual percentage yield and interest rate effective as of December 4, 2020. Interest rates and the annual percentage yield are variable and at our discretion, we may change the interest rate for your account at any time. Rates may change prior to funding and any interest being earned. To obtain current rate information, call1-844-BBVA USAor visit www.bbvausa.com

BBVA SAVINGS RATE

Annual Percentage Yield 0.01%

Interest Rate 0.010%

TRANSACTION LIMITS FOR SAVINGS AND MONEY MARKET ACCOUNTS

Certain withdrawal transactions from savings and money market accounts may result in the account being reclassified as non- interest bearing if limits are exceeded. The following withdrawal transaction types are limited to six (6) per month: transfers to another deposit account with BBVA or to a third party by means of a pre-authorized agreement, telephonic request, check, debit card, draft or similar order (including Online Banking transfers and sweep transfers from a savings or money market account). There is no limit on the number of withdrawal transactions from such accounts when made in person at a BBVA banking office or at an automated teller machine. Withdrawal transactions of any type in excess of the Excess Transaction Fee limit will be subject to a fee. ATM FEES

Fee to Use BBVA USA ATMs $0for using BBVA USA ATM to complete any transaction.

BBVA USA Fee to Use Another Bank's ATMs $3*ATM and/or service fees charged by other banks and ATM owners still may also apply.

International Service Fee (ATM) 1%of transaction amount

International Service Fee (non-ATM) 3% of transaction amount

International Transactions are those transactions using your ATM or Check Card made outside of the United States, even those in US dollars. A full description of the currency conversion process is contained in your ATM/Check Card Agreement.

OVERDRAFT / INSUFFICIENT FUNDS FEES

Insufficient Funds Charge (NSF) - Paid Item $38per item*

Insufficient Funds Charge (NSF) - Returned Item $38per item

*Insufficient Funds (NSF) Charge – Paid Item Fee is not charged on an item that causes the available balance on your account to be overdrawn by $1.00 or less.

The NSF charges described above are applied for processing items presented for payment against insufficient funds (NSF) with a maximum of six (6) charges per day. These charges are imposed on items created by check, in-person withdrawal, ATM withdrawal, Check Card transaction, or other electronic means.

Inter-Account Transfer Fee $12per day in which there is a transfer. Transfers funds from customer designated account to cover potential overdrafts in checking account. This fee is charged to the beneficiary checking account.

STOP PAYMENT FEES

Stop Payment Request (Branch/Phone) $32per request

Stop Payment Request (Online Banking)(checks only) $25per request

DEPOSIT FEES

Deposit Item Returned $15per item

Deposit Item Returned (Foreign) $25per item

DEBIT CARD FEES

Personalized Debit Card Fee $10for each Personalized Debit Card

Replacement Card Fee $5($10 for personalized Debit Card)

Rush Replacement Card Fee $50 OTHER STATEMENT FEES

Online Statement No additional charge (Online Banking is Required)

Statement Upgrade Fee (Image Statement Fee) $5per statement cycle

Special Statement $5per statement cycle

A special statement may include, but not be exclusive to the following: daily statements, duplicate statements, hold statements and statement printouts.

WIRE TRANSFER FEES (ALL FEES ARE PER TRANSFER)

Domestic:

Incoming (Customer) $15

Outgoing (Customer) $30

Outgoing Repetitive (Customer) $25

International:

Incoming (Customer) $15

Outgoing (Customer) $45

Confirmation:

Fax/Email $3

Mail/Phone $5

MISCELLANEOUS FEES

Cash Handling Fees:

Rolled Coin $0.10per roll

Strapped Currency $0.20 per strap

Bank Bags (Zipper) $5 per bag

Bank Bags (Locked) $20 per bag

Check Charges:

Temporary Checks $1each

Personal Checks Personalized check order charges, including tax and shipping and handling, are debited from your account when your order is placed. Check order charges vary.

Cashier's Checks $10 each

Collection Items (all fees are per item): Incoming $20

Outgoing $20

Non-Customer $25

Bond Coupon $5

International $20 plus costs

Deposit Fees:

Deposit Correction Fee $2.50 per item

Deposits to Closed Accounts $25 per deposit

Legal Fees:

Garnishments, Levies, Court Orders $150 plus attorney fees

Reconcilement/Research Fees:

Reconcile Statement $25 per hour

Research $25 per hour

Copy of Fax $3 per page

TELEPHONE BANKING FEES

Staff-Assisted Call (over 5/month) $1 per call over 5 in a month

Telephone Transfer Fee $3 per transfer

ONLINE AND MOBILE BANKING FEES

Online Banking No charge

Online and Mobile Bill Pay No charge

Mobile Banking No charge Message and data rates may apply - check with your wireless provider.

Applicable Fees and Service Charges

Your account will be subject to the terms and conditions, including all fees and service charges, applicable to BBVA USA accounts in the state where we maintain your account. For purposes of this disclosure, your account will be deemed to be maintained in the state where you opened your account. Your account is considered to have been opened: if you opened your account by mail, at the location where the mail was received by us; or if you opened your account electronically (including by telephone) and your address is in a state where we have branch offices, in the state of your address at the time you opened your account; or if otherwise, in Alabama.

For additional terms governing your account, please consult the Consumer Deposit Account Agreement.

NOTE: The above-noted fees and service charges are not set bank-wide. These prices are driven by the competition in your local market. AS REQUIRED BY FEDERAL LAW, BBVA USA RESERVES THE RIGHT TO REQUIRE AT LEAST SEVEN (7) DAYS NOTICE PRIOR TO WITHDRAWAL OR TRANSFER OF FUNDS FROM THIS ACCOUNT.

Important Information about the Account Bonus:

Details for the $25 Savings Account Bonus:

$25 Bonus by opening a new BBVA Savings account on January 28 or 29, 2021 and have a balance of at least $1,000 in the new account on February 28, 2021.

When applying for this special offer in branch, you must use the promo code JAN21SV. When opening accounts online, you must enter promo code JAN21SVOL to be eligible. If you apply through bbvausa.com/go/januarysavings, this promo code will automatically be applied.

You must be a new BBVA Savings customer who has not had a BBVA Savings account open within the last 36 months or closed due to negative balance to be eligible for the bonus.

Other Information:

Accounts must be open with a balance greater than or equal to $0.00 at the time of payment in order to receive the new account bonus. We reserve the right to deduct the bonus amount if the account is closed within 12 months of opening.

BBVA Employees are not eligible for this bonus.

Only one bonus, either one $25 BBVA Savings Bonus OR one $50 BBVA Money Market Bonus, may be earned by each customer.

These bonuses are not combinable with other BBVA Savings bonuses, and you may not have received a savings account bonus in the past 36 months.

If qualifications are met, you will receive your bonus by May 31, 2021.

Offer subject to change at any time without notice. BBVA may report the value of the bonus to the IRS as required by law. Any client whose tax status would require BBVA to impose tax withholding of any sort will not be eligible for this bonus.

Customer only eligible for one Savings Account promotional offer OR one Money Market promotional offer.

Rev. 01/2021

© BBVA USA has been acquired by The PNC Financial Services Group, Inc., and is operating as an affiliate of PNC Bank, N.A. (“PNC”) until BBVA USA is merged into PNC, which is anticipated to happen later this year. Until then, BBVA USA will continue to offer independent products and services, which may include different product features, underwriting guidelines, terms, fees, and pricing. If you would like to learn more about PNC’s products, you can do so by visiting PNC. com.