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Disclosures& Schedule Offeesfor Totaldirectbank Accounts

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Disclosures& Schedule Offeesfor Totaldirectbank Accounts Disclosures& ScheduleofFeesfor TotalDirectBank Accounts Effective January 2020 TotalDirectBank is division of City National Bank of Florida (hereinafter “TDB”). Interest and Other Information for Money Market Products Rate Information -Current interest rates and Annual Percentage Yields (APY) W here necessary to comply with the requirements of imposing any of the are available on our website www.totaldirectbank.com or by contacting us at aforementioned penalties, a portion of the principal may be forfeited if the contactus@ totaldirectbank.com or bycalling 1-888-682-2881. certificate has not earned sufficient interest prior to the withdrawal or interest has Variable Rates -Moneymarket deposit accounts earn a variable rate of interest. previouslybeen paid to the owner. At our discretion,the interest rate and APY maychange at anytime. TDB is required to honor a request for withdrawal prior to maturity,without Compounding and Crediting - Moneymarket deposit accounts are compounded assessing a penalty,in the event of the death or judicially declared mental and credited monthly. incompetenceof the owner of the account. Balance Computation Method -W e use the dailybalance method to calculate Direct - Certificate of Deposit interest;this method applies the dailyperiodicrate to the bankcollected balance in the account eachday. Minimum to Open ................................................................................... $25,000.00 Non-Cash Deposits -Ifyou deposit a non-cash item,such as a check,interest Minimum Balanceto Earn Disclosed APY............................................. $25,000.00 will begin to accrue no later than the business daythe bankreceives provisional credit for the deposit. Direct-Money Market Deposit Account Transaction Limitations for Money Market Accounts -Federal regulations Minimum to Open ................................................................................... $5,000.00 impose restrictions on the number of transfers or withdrawals that can be MonthlyMaintenanceFee.............................................................................. $0.00 conducted from MoneyMarket Accounts. Legal Limit: W e are required byfederal Minimum DailyCollected Balanceto Earn Disclosed APY1, 2 … … … … .. $5,000.00 regulation to retain the right to askfor seven (7)dayswritten noticebefore you may IfTransactions Exceed the Legal Limit,each.............................................. $10.00 withdraw money from money market accounts. Other withdrawal limitations include:no more than six transfers or withdrawals,or a combination of such Minimum DailyLedger transfers or withdrawals per monthly statement cycle,to another account of the BalanceTiers to Earn depositor at TDB or to a third party bymeans of a pre-authorized or automatic 3 transfer (ACH, telephone, internet banking, overdraft protection, etc.) or Disclosed APY Minimum withdrawals bycheck,draft,debit card,or similar order made bythe depositor and BalanceTiers Balance payable to third parties. Ifyou exceed these limitations,you will be charged an $0.01-4,999.99… ................................. $0.01 excess transaction fee of $10 per transaction over the Legal Limit. Inaddition, $5,000.00-249,999.99… … .… ..… ..$5,000.00 if during anyrolling 12-month cycle you exceed those limits,three (3)times,your $250,000.00 and Over .................$250,000.00 account maybe closed. Miscellaneous Service Charges for Interest and Other Information for Certificates of Deposit TotalDirectBank Account Holders Rate Information -Current interest rates and Annual Percentage Yields (APY) Account Research/Reconcilement (HourlyRate)........................................ $25.00 are available on our website www.totaldirectbank.com or by contacting us at Cashier’sChecks.......................................................................................... $30.00 contactus@ totaldirectbank.com or bycalling 1-888-682-2881. The APYs quoted Collections (Domestic)Incoming .................................................................. $20.00 on all Certificates of Deposit assume interest remains on deposit until maturity. A Outgoing .................................................................. $20.00 withdrawal will reduceearnings. Consulate Letters ............................................................................................ $5.00 Fixed Rates -All Certificate of Deposit accounts earn a fixed rate of interest,which Deposited Items Returned (per item).......................................................... $10.00 is set at the opening of the account. Ifa Certificate of Deposit is automatically Deposited Items Re-Submitted (per item)................................................... $10.00 renewed,the rate will be fixed on the renewal date for the renewal term. Dormant Account Fee (monthlyfee)............................................................. $20.00 Compounding and Crediting – For Certificates of Deposit with terms up to and Express DeliveryFee ............................................................. FedExfee plus $5.00 including 90 days,interest is paid at maturity bycheck,transferred to another Overdraft (OD)Funds Paid Item Fee............................................................ $33.00 account or added to the account. For certificates with terms greater than 90days, Uncollected Funds Paid Item Fee................................................................. $33.00 but less than 1 year,the interest maybe paid monthly,quarterly,or at maturity. Non-Sufficient Funds (NSF)Returned Item Fee........................................... $25.00 These payments maybe made bycheckor credited to another account. Interest Uncollected Funds Returned Item Fee ......................................................... $25.00 may only be added on to the account for payments made at maturity. For Legal Order Processing Fee4 ..................................................................... $100.00 certificates with maturities of 1 year or more,the interest maybe paid monthly, Returned Mail (per statement)................................................................... $20.00 quarterlyor annuallybycheckor transferred to another account. For certificates 5 with maturities greater than one year,which do not distribute interest otherwise, Stop Payment Order (per item)................................................................... $30.00 interest will be compounded and credited to the certificate annually. Sustained Overdraft BalanceFee6 ............................................................... $20.00 Balance Computation Method -W e use the dailybalance method to calculate Overdraft Protection Transfer Fee (per transfer)7 ........................................ $10.00 interest;this method applies the dailyperiodicrate to the bankledger balance in TemporaryAccounts (Accounts Closed within 6months of opening).......... $25.00 the account each day. Interest accrues on Certificates of Deposit on the ledger balancefrom dayof deposit. Funding of your Account and return of funds upon closing a Certificate of Automatic Renewal -Your Certificate of Deposit is automatically renewable Deposit unless otherwise stated on the Truth-In-Savings Disclosure provided to you at Your Account will be funded bythe use of a validated account (the “Validated account opening. There is a ten (10)calendar daygraceperiod from the maturity Account”),which can be checking,savings or money market account. The date to withdraw your funds without being charged an earlywithdrawal penalty. If Validated Account will beestablished via the TDB account validation process,after you withdraw funds during the graceperiod,interest will not accrue. Ifyour Truth- you have confirmed transactions to the Validated Account. Upon closing of the In-Savings Disclosure indicates that your Certificate of Deposit is not automatically Certificate of Deposit,TBD will return funds in your Certificate of Deposit to the renewable,interest will not accrue after maturity. Validated Account or via a checkto your address of record. The onlywayTBD will Transaction Limitations –After your Certificate of Deposit account is opened, return funds from a closed Certificate of Deposit,is if you validate a new account. you maynot makeadditional deposits to your account. W ithdrawals made prior Inthe event you do not use the preferred method of funding your Certificate of to maturitywill be assessed an earlywithdrawal penalty. Deposit,as summarized above,you maymail a checkto: Early Withdrawal Penalties -Ifthere are any withdrawals of either credited interest and/or funds deposited into a Certificate of Deposit,prior to the maturity TotalDirectBank date,an earlywithdrawal penaltywill be assessed as stated below. c/oCityNational Bank Term of Certificate of Deposit Penalty for funds withdrawn P.O. Box524470 prior to the maturity date: Miami,Florida 33152-4470 30 days up to and including six Based on a 12 month year, the months penaltywill be 1month of the simple interest earned (this computation is based on a 360dayyear) Greater than six months and up to Based on a simple 12month year,the one year penaltywill be3months of the simple interest earned (this computation is based on a year with 360days) Greater than one year Based on a simple 12month year,the penaltywill be6months of the simple interest earned (this computation is based on a year with 360days) Member FDIC Page 1of 2 Revised January2020 TotalDirectBank Notes 1- Ifyou close your account before interest is credited,you will not receivethe accrued
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