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Certificates of Deposit

Rates current as of 05-17-10

CD Maturity Terms (in months)	Interest Rate	Annual Percentage Yield	Minimum Opening Balance	Interest Paid	Early Withdrawal Penalty
3	0.50%	0.50%	$100.00	At maturity	One months interest
6	0.75%	0.75%	$100.00	At maturity	One months interest
12	1.00%	1.00%	$100.00	Semi-annually	Three months interest
18	1.25%	1.25%	$100.00	Semi-annually	Three months interest
24	1.50%	1.51%	$100.00	Semi-annually	Three months interest
36	2.00%	2.01%	$100.00	Semi-annually	Three months interest
48	2.25%	2.26%	$100.00	Semi-annually	Three months interest
60	3.00%	3.02%	$100.00	Semi-annually	Three months interest

Annual Percentage Yield assumes interest will remain on deposit until maturity. Rates are subject to change. We may impose a penalty if you withdraw any portion of the principal before the maturity date. There are certain circumstances, such as death or incompetence of an owner, where we may waive or reduce this penalty. You may withdraw interest after it has been credited to your certificate without penalty.

Interest will be compounded and credited to your Three Month and Six Month Certificate at maturity. On all other Certificates, interest will be compounded and credited to your Certificate every six months. Interest begins to accrue no later than the business day when this bank receives credit for the deposit. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the Certificate principal each day.

You may not make deposits to this Certificate during a term. You may make withdrawals of principal from your Certificate subject to our approval and the early withdrawal penalties.

You must deposit at least $ 100.00 to open a Certificate.

Certificates will automatically renew at maturity for the same term as the original term beginning on the maturity date. The interest rate will be the same we offer on new Certificates on the maturity date which have the same term, minimum balance and other features as the original certificate. You may prevent renewal if we receive written notice from you or if you withdraw the funds at maturity or within 10 day grace period after maturity. You will have ten calendar days after maturity to withdraw the funds without penalty. We may also prevent renewal if we mail notice to you at least ten days prior to maturity. If either you or we prevent renewal, interest will not accrue after the final maturity.