Disclosures

FDIC TRANSACTION ACCOUNT GUARANTEE PROGRAM

Midland Federal is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through December 31, 2009, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.

Midland Federal Savings
TRUTH-IN-SAVINGS DISCLOSURE

TERMS AND CONDITIONS OF YOUR ACCOUNT – PERSONAL DEPOSIT ACCOUNTS

AGREEMENT: This document, along with any other documents we give you pertaining to your account(s), is a contract that establishes rules, which control your account(s) with us. Please read this carefully, If you sign the signature card or open or continue to have your account with us, you agree to these rules. You will receive a separate schedule of rates, qualifying balances, and fees if they are not included in this document. If you have any questions, please call us.

This agreement is subject to applicable federal laws and the laws of the state of Illinois (except to the extent that this agreement can and does vary such rules or laws). The body of state and federal law that governs our relationship with you, however, is too large and complex to be reproduced here. The purpose of this document is to:

1. Summarize some laws that apply to common transactions
2. Establish rules to cover transactions or events which the law does not regulate
3. Establish rules for certain transactions or events which the law regulates but permits variation by agreement; and
4. Give you disclosures of some of our policies to which you may be entitled or in which you may be interested.

If any provision of this document is found to be unenforceable according to its terms, all remaining provisions will continue in full force and effect. We may permit some variations from our standard agreement, but we must agree to any variation in writing either on the signature card for your account or in some other document. As used in this document the words “we”, “our”, and “us” mean the financial institution and the words “you” and “your” mean the account holder(s) and anyone else with the authority to deposit, withdraw, or exercise control over the funds in the account. The headings in this document are for convenience or reference only and will not govern the interpretation of the provisions. Unless it would be inconsistent to do so, words and phrases used in this document should be construed so the singular includes the plural and the plural includes the singular.

LIABILITY: You agree, for yourself (and the person or entity you represent if you sign as a representative of another) to the terms of this account and the schedule of charges. You authorize us to deduct these charges directly from the account balance as accrued. You will pay any additional reasonable charges for services you request which are not covered by this agreement.

Each of you also agrees to be jointly and severally (individually) liable for any account shortage resulting from charges or overdrafts, whether caused by you or another with access to this account. This liability is due immediately, and can be deducted directly from the account balance whenever sufficient funds are available. You have no right to defer payment of this liability, and you are liable regardless of liability for our costs to collect the deficit including, to the extent permitted by law, our reasonable attorney’s fees.

DEPOSITS: We will give only provisional credit until collection is final for any items, other than cash, we accept for deposit, including items drawn “on us”. Actual credit for deposits of, or payable in, foreign currency will be at the exchange rate in effect on final collection in U. S. dollars. We are not responsible for transactions by mail or outside depository until we actually record them. We will treat and record all transactions received after our “daily cutoff time” on a business day we are open, or received on a day we are not open for business, as if initiated on the next following business day that we are open.

WITHDRAWALS: Unless clearly indicated otherwise on the account records, any of you, action alone, who signs in the space designated for signatures on the signature card may withdraw or transfer all or any part of the account balance at any time. Each of you (until we receive written notice to the contrary) authorizes each other person signing the signature card to endorse any item payable to you or your order for deposit to this account or any other transaction with us. We may charge our account for a check even thought payment was made before the date of the check, unless we have received written notice of the postdating in time to have a reasonable opportunity to act. We may refuse any withdrawal or transfer request which you attempt on forms not approved by us, by any method we do not specifically permit, greater or less than any withdrawal limitations. Even if we honor a nonconforming request, we may treat continued abuse of the stated limitation (if any) as your act of closing the account. We will use the date the transaction is completed by us (as opposed to the date you initiate it) to apply the frequency limitations. The fact that we may honor withdrawal request that overdraw the available account balance does not obligate us to do so later. See the funds availability policy disclosure for information about when you can withdraw funds you deposit. For those accounts for which our funds availability policy disclosure does not apply, you can ask us when you make a deposit when those funds will be available for withdrawal.

We may require not less than seven days notice in writing before each withdrawal from an interest-bearing account other than a time deposit, or from any other savings account as defined by Regulation D. Withdrawals from a time account prior to maturity or prior to any notice period may be restricted and may be subject to penalty. See your notice of penalty for early withdrawal.

OWNERSHIP OF ACCOUNT AND BENEFICIARY DESIGNATION: These rules apply to this account depending on the form of ownership and beneficiary designation, if any specified on the account records. We make no representations as to the appropriateness or effect of the ownership and beneficiary designations, except as they determine to whom we pay the accounts funds.

Individual Account: Is an account in the name of one person.

Joint Account: With Survivorship (and not as tenants in common) is an account in the name of two or more person. Each of you intends that when you die the balance in the account (subject to any previous pledge to which we have agreed) will belong to the survivor(s). If two or more of you survive, you will own the balance in the account as joint tenants with survivorship and not as tenants in common.

Joint Account-No Survivorship (as tenants in common): Is owned by two or more person, but none of you intend (merely by opening this account) to create any right of survivorship in any other person. We encourage you to agree and tell us in writing of the percentage of the deposit contributed by each of you. This information will not, however, affect the number of signatures necessary for withdrawal.

Revocable Trust or Pay-on-Death Account: Pay-on-Death accounts may be created only if the account is owned by one person. Revocable Trust accounts may be created by accounts with one or more owners. If two or more of you create a Revocable Trust Account, you own the account jointly with survivorship. Beneficiaries of either of these account types cannot withdraw unless:

• All persons creating the account die, and
• The beneficiary is then living.

If two or more beneficiaries are named and survive the death of the owner(s) of the account, such beneficiaries will own this account in equal shares, without right of survivorship. The person(s) creating either a Pay-On-Death or Revocable Trust account reserves the right to:

• Change beneficiaries
• Change account types
• Withdraw all or part of the account funds at any time

BUSINESS ACCOUNTS: Earnings in the form of interest, dividends, or credits will be paid only on collected funds, unless otherwise provided by law or our policy. We may require the governing body of the legal entity opening the account to give us a separate authorization telling us who is authorized to act on its behalf. We will honor the authorization until we actually receive written notice of a change from the governing body of the legal entity.

STOP PAYMENTS: You must make any stop-payment order in the manner required by law and we must receive it in time to give us a reasonable opportunity to act on it before our stop-payment cutoff time. To be effective, your stop-payment order must precisely identify the number, date, and amount of the item, and the payee.

You may stop payment on any item drawn on your account whether you sign the item or not, if you have an equal or greater right to withdraw from this account than the person who signed the item. A release of the stop-payment request may be made only by the person who initiated the stop-payment order.

Our stop-payment cutoff time is on hour after the opening of the next banking day after the banking day on which we receive the item. Additional limitations on our obligations to stop payment are provided by law (e.g., we paid the item in cash or we certified the item).

TELEPHONE TRANSFERS: A telephone transfer of funds from this account to another account with us, if otherwise arrange for or permitted, may be made by the same persons and under the same conditions generally applicable to withdrawals made in writing. Unless a different limitation is disclosed in writing, we restrict the number of transfers from a savings account to another account or to third parties, to a maximum of six per month (less the number of preauthorized transfers during the month). Other account transfer restrictions may be described elsewhere.

AMENDMENTS AND TERMINATION: We may change any term of this agreement. Rules governing changes in interest rates are provided separately. For other changes, we will give you reasonable notice in writing or by any other method permitted by law. We may also close this account at any time upon reasonable notice to you and tender of the account balance personally or by mail. Notice from us to any one of you is notice to all of you.

STATEMENTS: You must examine your statement of account with “reasonable promptness”. If you discover (or reasonably should have discovered) any unauthorized signatures, alterations, incorrect payment amount, or missing or incorrectly credited deposits, you must promptly notify us of the relevant facts. As between you and us, if you fail to do either of these duties, you well have to bear the loss yourself unless you prove that we did not pay the item in good faith. The loss could be not only with respect to items on the statement but other items with unauthorized signatures or alterations by the same wrongdoer.

You agree that the time you have to examine your statement and report to us will depend on the circumstances, but will not, in any circumstances, exceed a total of 30 days from when the statement is first sent or made available to you.

You further agree that if you fail to report any unauthorized signatures, alterations, forgeries, incorrect payment amounts, missing or incorrectly credited deposits, or any other errors in your account within 60 days of when we first send or make the statement available, you cannot assert a claim against us on any items in that statement, and as between you and us the loss will be entirely yours. This 60-day limitation is without regard to whether we used good faith. The limitation in the paragraph is in addition to that contained in the first paragraph of this section.

ACCOUNT TRANSFER: This account may not be transferred or assigned without our prior written consent.

DIRECT DEPOSITS: If, in connection with a direct deposit plan, we deposit any amount in an account which should have been returned to the federal government for any reason, you authorize us to deduct the amount of our liability to the Federal Government from the account or from any other account you have with us, without prior notice and at any time, except as prohibited by law. We may also use any other legal remedy to recover the amount of our liability.

TEMPORARY ACCOUNT AGREEMENT: If this option is selected, this is a temporary account agreement. Each person who signs in the space designated for signatures on the signature card (except as indicated to the contrary) may transact business on this account. However, we may at some time in the future restrict or prohibit further use of this account if you fail to comply with the requirements we have imposed within a reasonable time.

SETOFF: We may (without prior notice and when permitted by law) set off the funds in this account against any due and payable debt you owe us now or in the future, by any of you having the right of withdrawal, to the extent of such persons’ or legal entity’s right to withdraw. If the debt arises from a note, “any due and payable debt” includes the total time we set off, including any balance the due date for which we properly accelerate under the note.

This right of setoff does not apply to this account if: (a) it is an IRA or other tax-deferred retirement account, or (b) the debt is created by a consumer credit transaction under a credit card plan (but this does not affect our rights under any consensual security interest), or (c) the debtor’s right of withdrawal only arises in a representative capacity. We will not be liable for the dishonor of any check when the dishonor occurs because we set off a debt against this account. You agree to hold us harmless from any claim arising as a result of our exercise of our right of setoff.

RESTRICTIVE LEGENDS: We are not required to honor any restrictive legend on checks you write unless we have agreed in writing to the restriction. Examples of restrictive legends are “must be presented within 90 days” or “not valid for more than $1,000.00”.

PAYMENT ORDER OF ITEMS: The law permits us to pay items (such as checks or drafts) drawn on your account in any order. To assist you in handling your account with us, we are providing you with the following information regarding how we process the items that your write. When processing items drawn on your account, our policy is to pay them according to the dollar amount. We pay the largest items first. The order in which items are paid is important if there is not enough money in your account to pay all of the items that are presented. Our payment policy will cause your largest, and perhaps more important, items to be paid first (such as your rent or mortgage payment), but may increase the overdraft or NSF fees you have to pay if funds are not available to pay all of the items. If an item is presented without sufficient funds in your account to pay it, we may, at our discretion, pay the item (creating an overdraft) or return the item (NSF). The amounts of the overdraft and NS fees are disclosed elsewhere. We encourage you to make careful records and practice good account management. This will help you to avoid writing checks or drafts without sufficient funds and incurring the resulting fees.

ACH AND WIRE TRANSFERS: This agreement is subject to Article 4A of the Uniform Commercial Code – Fund Transfers as adopted in the state in which you have your account with us. If you originate a fund transfer for which Fed wire is used, and you identify by name and number a beneficiary financial institution, and intermediary financial institution or a beneficiary, we and every receiving or beneficiary financial institution may rely on the identifying number to make payment. We may rely on the number even if it identities a financial institution, person or account other than the one names. You agree to be bound by automated clearinghouse association rules. These rules provide, amount other things, that payments made to you, or originated by you, are provisional until final settlement is made through a Federal Reserve Bank or payment is otherwise made as provided in Article 4A-403(a) of the Uniform Commercial Code. If we receive a credit to an account you have wit us by wire or ACH, we are not required to give you and notice of the payment order or credit.

ELECTRONIC FUND TRANSFERS
YOUR RIGHTS AND RESPONSIBILITIES
Indicated below are types of Electronic Fund Transfers we are capable of handling, some of which may not apply to your account. Please read this disclosure carefully because it tells you your rights and obligations for the transactions listed. You should keep this notice for future reference.

Preauthorized Credits: You may make arrangements for certain direct deposits (such as U.S. Treasury (Social Security), some employers (payroll), or some pension funds (monthly benefits)) to be accepted into your checking, savings, or money market account(s).
Preauthorized Payments: You may make arrangements to pay certain recurring bills from your checking, savings, or money market accounts(s).
Telephone Transfers: You may access your account by telephone 24 hours a day at (800) 436-5110 using your personal identification number, a touch tone phone, and your access code, to:

• account balance of checking accounts
• the last deposit to checking accounts
• the last five withdrawals from checking accounts
• account balance of savings accounts
• the last deposit to savings accounts
• the date and amount paid for any specific check number requested by the caller

Please also see Limitations on Frequency of Transfers section regarding limitations that apply to telephone transfers.

ATM Transfers – Cash Station and Cirrus Networks – Types of Transfers, Dollar Limitation, and Charges – All transactions conducted at Midland Federal Savings’ ATMs (“proprietary ATMs”) are free at all times. At nonproprietary ATMs, the first three transactions of any kind each month are free. Thereafter, the following fee schedule shall apply for these nonproprietary ATM transactions:

You may access your account(s) by ATM using your ATM card and personal identification number, to:
• make deposits to checking account(s) with an ATM card
there is a charge of $2.00 for each deposit
• make deposits to savings account(s) with an ATM card
there is a charge of $2.00 for each deposit
• get cash withdrawals from checking account(s) with an ATM card
you may withdraw no more than $400.00 per 24-hour period
there is a charge of $2.00 for each withdrawal
• get cash withdrawals from savings account(s) with an ATM card
you may withdraw no more than $400.00 per 24-hour period
there is a charge of $2.00 for each withdrawal
• transfer funds from savings to checking account(s) with an ATM card
you may transfer no more than $1,000.00 per 24-hour period
there is a charge of $2.00 for each transfer
• transfer funds from checking to savings account(s) with an ATM card
you may transfer no more than $1,000.00 per 24-hour period
there is a charge of $2.00 for each transfer
• Do an account balance inquiry of your checking accounts with an ATM card
there is a charge of $1.00 for each inquiry
• Do an account balance inquiry of your savings accounts with an ATM card
there is a charge of $1.00 for each inquiry

Some of these services may not be available at all terminals. Please also see Limitations on Frequency of Transfers section regarding limitations that apply to ATM transfers.

Types of Cash Station Debit Card Transactions: You may access your checking, savings, or money market accounts to purchase goods (in person), pay for services (in person), and get cash from a merchant, if the merchant permits, or from a participation financial institution.

Debit Card Transactions – dollar limitations - Using your debit card:
• You may not exceed $500.00 in retail purchases per 24-hour period. Please also see limitations on frequency of transfers section regarding limitations that apply to debit card transactions.
• You may not exceed $400 in cash per 24-hour period when using your ATM and ATM debit card.
• You may transfer no more than $1,000.00 per 24-hour period
• There is a charge of $1.00 for each transfer.

Limitations on Frequency of Transfers: In addition to those limitations on transfers elsewhere described, if any, the following limitations apply:
• Transfers from a money market account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per statement cycle with no more than three by check, draft, debit card, or similar order to third parties.
• Transfers from a statement savings account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per month with no more than three by check, draft, debit card, or similar order to third parties.

FEES
• We do not charge for direct deposits to any type of account
• We do not charge for preauthorized payments from any type of account
Except as indicated elsewhere, we do not charge for these electronic fund transfers.

NOTICE REGARDING ATM FEES BY OTHERS: If you use an automated teller machine that is not operated by us, you may be charged a fee by the operator of the machine and/or by an automated transfer network.

DOCUMENTATION
• Terminal transfers: You can get a receipt at the time you make any transfer to or from your account using one of our automated teller machines or point of sale terminals.
• Preauthorized credits: If you have arranged to have direct deposits made to your account at least once every 60 days from the same person or company, the person or company making the deposit will tell you every time they send us the money.
• Periodic statements: You will get a monthly account statement from us for your checking, statement savings, or money market accounts. For passbook accounts, if the only possible electronic transfers to or from your account are preauthorized credits, we do not send periodic statements. You may bring your passbook to us and we will record any electronic deposits that were made since the last time you brought in your passbook.

PREAUTHORIZED PAYMENTS
Right to stop payment and procedure for doing so: If you have told us in advance to make regular payments out of your account, you can stop any of these payments. Here is how:

Call or write us at the telephone number or address listed in this brochure 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.
We will charge you $25.00 for each stop-payment order you give.

Notice of varying amounts: If these regular payments may vary in amount, the person you are going to pay will tell you, 10 days before each payment, when it will be made and how much it will be. (You may choose instead to get this notice only when the payment would differ by more than a certain amount from the previous payment, or when the amount would fall outside certain limits that you set.)

Liability for failure to stop payment of preauthorized transfer: If you order us to stop one of these payments 3 business days or more before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages.

FINANCIAL INSTITUTION’S LIABILITY
Liability for failure to make transfers: If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance:

1. If, through no fault of ours, you do not have enough money in your account to make the transfer.
2. If you have an overdraft line and the transfer would go over the credit limit.
3. If the automated teller machine where you are making the transfer does not have enough cash.
4. If the terminal or system was not working properly and you know about the breakdown when you started the transfer.
5. If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions that we have taken.
6. There may be other exceptions stated in our agreement with you.

CONFIDENTIALITY: We will disclose information to third parties about your account or the transfers you make:

1. Where it is necessary for completing transfers, or
2. In order to verify the existence and condition or your account for a third party, such as a credit bureau or merchant; or
3. In order to comply with government agency or court orders; or
4. If you give us written permission

UNAUTHORIZED TRANSFERS
Consumer liability: Tell us AT ONCE if you believe your card and/or code has been lost or stolen. Telephoning is the best way of keeping your possible losses down. You could lose all the money in your account (plus your maximum overdraft line of credit). If you tell us within 2 business days, you can lose no more than $50.00 if someone used your card and/or code without your permission. (If you believe your card and/or code has been lost or stolen, and you tell us within two business days after you learn of the loss or theft, you can lose no more than $50.00 if someone used your card and/or code without your permission).

If you do NOT tell us within two business days after you learn of the loss or theft of your card and/or code, and we can prove we could have stopped someone from using your card and/or code without your permission. If you had told us, you could lose as much as $500.00.

Also, if your statement shows transfers that you did not make, tell us at once. If you do not tell us within 60 days after the statement was mailed to you, you may not get back any money you lost after the 60 days if we can prove that we could have stopped someone from taking the money if you had told us in time.

If a good reason (such as a long trip or a hospital stay) kept you from telling us, we will extend the time periods.

Contact in event of unauthorized transfers: If you believe your card and/or code has been lost or stolen or that someone has transferred or may transfer money from your account without your permission, call or write us at the telephone number or address listed in this brochure.

ERROR RESOLUTION NOTICE
In case of Errors or Questions About Your Electronic Transfers, Call or Write us at the telephone number or address listed in this brochure, as soon as you can, if you think your statement or receipt is wrong or if you need more information about a transfer listed on the statement or receipt. We must hear from you no later than 60 days after we sent the FIRST statement on which the problem or error appeared.

1. Tell us your name and account number (if any).
2. Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe it is an error or why you need more information.
3. Tell us the dollar amount of the suspected error. If you tell us orally, we may require that you send us your complaint or question in writing within 10 business days.

We will determine whether an error occurred within 10 business days (20 business days if the transfer involved a new account) after we hear from you and will correct any error promptly. If we need more time, however, we may take up to 45 days (90 days if the transfer involved a new account, a point-of-sale transaction, or a foreign-initiated transfer) to investigate your complaint or question. If we decide to do this, we will credit your account within 10 business days (20 business days if the transfer involved a new account) for the amount you think is in error, so that you will have the use of the money during the time it takes us to complete our investigation. If we ask you to put your complaint or question in writing and we do not receive it within 10 business days, we may not credit your account. Your account is considered a new account for the first 30 days after the first deposit is made, unless each of you already has an established account with us before this account is opened.

We will tell you the results within three business days after completing our investigation. If we decide that there was no error, we will send you a written explanation.

You may ask for copies of the documents that we used in our investigation:

MIDLAND FEDERAL SAVINGS AND LOAN ASSOCIATION EFT DEPARTMENT
8929 SOUTH HARLEM AVENUE
BRIDGEVIEW, ILLINOIS 60455
Business Days: Monday through Friday
Excluding Federal Holidays
Phone (708) 598-9400

MORE DETAILED INFORMATION IS AVAILABLE ON REQUEST

YOUR ABILITY TO WITHDRAW FUNDS
This policy statement applies to “transaction” accounts. Transaction accounts, in general, are accounts which permit an unlimited number of payments to third persons and an unlimited number of telephone and preauthorized transfers to other account of your with us. Checking accounts are the most common transaction accounts. Feel free to ask us whether any of your other accounts might also be under this policy. Our policy is to delay the availability of funds from your cash and check deposits. During the delay, you may not withdraw the funds in cash and we will not use the funds to pay checks that you have written. Please remember that even after we have made funds available to you, and you have withdrawn the funds, you are still responsible for check you deposit that are returned to us unpaid and for any other problems involving your deposit.

Determining the availability of a deposit: The length of the delay is counted in business days from the day of your deposit. Every day is a business day except Saturdays, Sundays, and federal holidays. If you make a deposit before 8:00 P.M. (2:00 P.M. at ATMs) on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit after these cutoff times or on a day we are not open, we will consider that the deposit was bade on the next business day we are open. The length of the delay varies depending on the type of deposit and is explained below.

Same-Day Availability: Funds from electronic direct deposits to your account will be available on the day we receive the deposit.

Next-Day Availability: Funds from the following deposits are available on the first business day after the day of your deposit:

• U.S. Treasury Checks that are payable to you
• Wire transfers
• Checks drawn on Midland Federal Savings and Loan Association

If you make the deposit in person to one of our employees, funds from the following deposits are also available on the first business day after the day of your deposit:

• Cash
• State and Local government checks that are payable to you
• Federal Reserve Bank checks, Federal Home Loan Bank Checks, and postal money orders, if these items are payable to you.

If you do not make your deposit in person to one of our employees (for example, if you mail the deposit), funds from these deposits will be available on the second business day after the day we receive your deposit.

Other Check Deposits: The delay for other check deposits depends on whether the check is a local or a nonlocal check. To see whether a check is a local or a nonlocal check, look at the routing number on the check:

If the first four digits of the routing number are 0710, 2710, 0711, 2711, 0712, 2712, 0719, 2719, 0750, 2750, 0759, or 2759 then the check is a local check. Otherwise, the check is a nonlocal check. Some checks are marked “payable through” and have a four or nine-digit number nearby. For these checks, use the four-digit number (or the first four digits of the nine-digit number), not the routing number on the bottom of the check, to determine if these checks are local or nonlocal. Our policy is to make funds from local and nonlocal checks available as follows:

1. Local checks. The first $100.00 from a deposit of local checks will be available on the first business day after the day of your deposit. The remaining funds will be available on the second business day after the day of your deposit (for example, if you deposit a local check of $700.00 on Monday, $100.00 of the deposit is available on Tuesday. The remaining $600.00 is available on Wednesday.)

2. Nonlocal checks. The first $100 from a deposit of nonlocal checks will be available on the first business day after the day of your deposit. The remaining funds will be available on the fifth business day after the day of your deposit. (For example: if you deposit a $700.00 nonlocal check on a Monday, $100.00 of the deposit is available on Tuesday. The remaining $600.00 is available on Monday of the following week.

3. Local and nonlocal checks. If you deposit both categories of checks, $100.00 from the checks will be available on the first business day after the day of your deposit, not $100.00 from each category of check.

If we cash a check for you that is drawn on another bank, we may withhold the availability of a corresponding amount of funds that are already in your account. Those funds will be available at the time funds from the check we cashed would have been available if you had deposited it.

If we accept for deposit a check that is drawn on another bank, we may make funds from the deposit available for withdrawal immediately but delay your availability to withdrawn a corresponding amount of funds that you have on deposit in another account with us. The funds in the other account would then not be available for withdrawal until the time periods that are described elsewhere in this disclosure for the type of check that you deposited.

CASH WITHDRAWAL LIMITATION
For local and nonlocal checks described under the section heading Other Check Deposits, we place certain limitations on withdrawals in cash. In general, $100.00 of a deposit is available for withdrawal in cash on the first business day after the day of deposit. In addition, a total of $400 of other funds becoming available on a given day is available for withdrawal in cash at or after 5:00 P.M. on that day. Any remaining funds will be available for withdrawal in cash on the following business day.

Longer Delays May Apply: Funds you deposit by check may be delayed for a longer period under the following circumstances:

• We believe a check you deposit will not be paid
• You deposit checks totaling more than $5,000.00 on any one day
• You redeposit a check that has been returned unpaid.
• You have overdrawn your account repeatedly in the last six months
• There is an emergency, such as failure of computer or communications equipment.

We will notify you if we delay your ability to withdraw funds for any of these reasons, and we will tell you when the funds will be available. They will generally be available no later than the 11th business day after the day of your deposit.

SPECIAL RULES FOR NEW ACCOUNTS
If you are a new customer, the following special rules will apply during the first 30 days your account is open.

Funds from electronic direct deposits to your account will be available on the day we receive the deposit. Funds from deposits of cash, wire transfers, and the first $5,000.00 of a day’s total deposits of cashier’s, certified, teller’s, travelers, and federal, state and local government checks will be available on the first business day after the day of your deposit if the deposit meets certain conditions. For example, the checks must be payable to you (and you may have to use a special deposit slip). The excess over $5,000.00 will be available on the ninth business day after the day of your deposit. If your deposit of these checks (other than a U.S. Treasury check) is not made in person to one of our employees, the first $5,000.00 will not be available until the second business day after the day of your deposit.

Funds from all other check deposits will be available on the 10th business day after the day of your deposit.

DEPOSITS AT AUTOMATED TELLER MACHINES
Funds from any deposits (cash or checks) made at automated teller machines (ATMs) we do not own or operate will not be available until the 5th business day after the day of your deposit. This rule does not apply at ATMs that we own or operate.

ATMs we own or operate are located at:

• 8929 S. Harlem Avenue, Bridgeview, Illinois
• 4040 S. Archer Avenue, Chicago, Illinois
• 15736 S. Bell Road, Lockport, Illinois

CHECKING ACCOUNT FEATURES
Reality
• Minimum balance to open the account: You must deposit $100.00 to open this account.
• No minimum balance to maintain
• No monthly service fees

Traditional
• Minimum balance to open the account: You must deposit $250.00 to open this account.
• Minimum balance to avoid fees: A service charge amount fee of $7.00 will be imposed every statement cycle if the balance in the account falls below $250.00 any day of the cycle.

Economy
• Minimum balance to open the account: You must deposit $100.00 to open this account.
• Fees: A service charge fee of $4.00 will be charged each statement cycle. A per check fee of $.25 will be charged for each check in excess of 15 during a statement cycle.

Classic
• Minimum balance to open the account: You must deposit $500.00 to open this account.
• Fees: A service charge fee of $4.00 will be charged each statement cycle.

Premier 50
• Rate Information: Your interest rate and annual percentage yield may change.
• Frequency of rate changes: We may change the interest rate on your account at any time.
• Determination of rate: At our discretion, we may change the interest rate on your account.
• Compounding and crediting frequency: Interest will be compounded every day. Interest will be credited to your account every month.
• Minimum balance to open the account: You must deposit $300.00 to open this account.
• Minimum balance to avoid fees: A service charge fee of $7.00 will be imposed every statement cycle if the balance in the account falls below $300.00 any day of the cycle.
• Minimum balance to obtain the annual percentage yield disclosed: You must maintain a minimum balance of $250.00 in the account each day to obtain the disclosed annual percentage yield.
• Daily balance computation method: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principle in the account each day.
• Accrual of interest on non-cash deposits: Interest begins to accrue on the business day you deposit non-cash items (for example, checks).

Premier 50 Plus
• Rate Information: Your interest rate and annual percentage yield may change.
• Frequency of rate changes: We may change the interest rate on your account at any time.
• Determination of rate: At our discretion, we may change the interest rate on your account.
• Compounding and crediting frequency: Interest will be compounded every day. Interest will be credited to your account every month.
• Minimum balance to open the account: You must deposit $100.00 to open this account.
• Daily balance computation method: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principle in the account each day.
• Accrual of interest on non-cash deposits: Interest begins to accrue on the business day you deposit non-cash items (for example, checks).
• Fees: A service charge amount fee of $4.00 will be charged each statement cycle.

Now
• Rate Information: Your interest rate and annual percentage yield may change.
• Frequency of rate changes: We may change the interest rate on your account at any time.
• Determination of rate: At our discretion, we may change the interest rate on your account.
• Compounding and crediting frequency: Interest will be compounded every day. Interest will be credited to your account every month.
• Minimum balance to open the account: You must deposit $750.00 to open this account.
• Minimum balance to avoid fees: A service charge fee of $7.00 will be imposed every statement cycle if the balance in the account falls below $750.00 any day of the cycle.
• Minimum balance to obtain the annual percentage yield disclosed: You must maintain a minimum balance of $250.00 in the account each day to obtain the disclosed annual percentage yield.
• Daily balance computation method: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principle in the account each day.
• Accrual of interest on non-cash deposits: Interest begins to accrue on the business day you deposit non-cash items (for example, checks).

Super Now
• Rate Information: Your interest rate and annual percentage yield may change.
• Frequency of rate changes: We may change the interest rate on your account at any time.
• Determination of rate: At our discretion, we may change the interest rate on your account.
• Compounding and crediting frequency: Interest will be compounded every day. Interest will be credited to your account every month.
• Minimum balance to open the account: You must deposit $2,500.00 to open this account.
• Minimum balance to avoid fees: A service charge fee of $7.00 will be imposed every statement cycle if the balance in the account falls below $2,500.00 any day of the cycle.
• Minimum balance to obtain the annual percentage yield disclosed: You must maintain a minimum balance of $500.00 in the account each day to obtain the disclosed annual percentage yield.
• Daily balance computation method: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principle in the account each day.
• Accrual of interest on non-cash deposits: Interest begins to accrue on the business day you deposit non-cash items (for example, checks).

Club Plus
• Rate Information: Your interest rate and annual percentage yield may change.
• Frequency of rate changes: We may change the interest rate on your account at any time.
• Determination of rate: At our discretion, we may change the interest rate on your account.
• Compounding and crediting frequency: Interest will be compounded every day. Interest will be credited to your account every month.
• Minimum balance to open the account: You must deposit $100.00 to open this account.
• Minimum balance to obtain the annual percentage yield disclosed: You must maintain a minimum balance of $250.00 in the account each day to obtain the disclosed annual percentage yield.
• Daily balance computation method: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principle in the account each day.
• Accrual of interest on non-cash deposits: Interest begins to accrue on the business day you deposit non-cash items (for example, checks).
• Fees: A service charge amount fee of $7.00 will be charged each statement cycle.

Money Market
• Rate Information: Your interest rate and annual percentage yield may change.
• Frequency of rate changes: We may change the interest rate on your account at any time.
• Determination of rate: At our discretion, we may change the interest rate on your account.
• Compounding and crediting frequency: Interest will be compounded every day. Interest will be credited to your account every month.
• Minimum balance to open the account: You must deposit $2,500.00 to open this account.
• Minimum balance to avoid fees: A service charge fee of $7.00 will be imposed every statement cycle if the balance in the account falls below $2,500.00 any day of the cycle.
• Minimum balance to obtain the annual percentage yield disclosed: You must maintain a minimum balance of $500.00 in the account each day to obtain the disclosed annual percentage yield.
• Daily balance computation method: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principle in the account each day.
• Accrual of interest on non-cash deposits: Interest begins to accrue on the business day you deposit non-cash items (for example, checks).
• Transaction limitations: Transfers from a Money Market account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per statement cycle with no more than three by check, draft, debit card, or similar order to third parties.
• Fees: A charge for checks over limit fee of $10.00 will be charged for each check paid to third party in excess of three during a statement cycle.

SAVINGS ACCOUNT FEATURES
Statement Savings
• Rate Information: Your interest rate and annual percentage yield may change.
• Frequency of rate changes: We may change the interest rate on your account at any time.
• Determination of rate: At our discretion, we may change the interest rate on your account.
• Compounding and crediting frequency: Interest will be compounded every day. Interest will be credited to your account every month.
• Minimum balance to open the account: You must deposit $100.00 to open this account.
• Minimum balance to avoid imposition of fees: A service charge fee of $1.00 will be imposed every statement cycle if the balance in the account falls below $100.00 any day of the cycle.
• Daily balance computation method: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principle in the account each day.
• Accrual of interest on non-cash deposits: Interest begins to accrue on the business day you deposit non-cash items, i.e. checks.
• Transaction limitations: Transfers from a Statement Savings account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per statement cycle with no more than three by check, draft, debit card, or similar order to third parties.

Passbook Savings
• Rate Information: Your interest rate and annual percentage yield may change.
• Frequency of rate changes: We may change the interest rate on your account at any time.
• Determination of rate: At our discretion, we may change the interest rate on your account.
• Compounding and crediting frequency: Interest will be compounded every day. Interest will be credited to your account every month.
• Minimum balance to open the account: You must deposit $10.00 to open this account.
• Daily balance computation method: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principle in the account each day.
• Accrual of interest on non-cash deposits: Interest begins to accrue on the business day you deposit non-cash items, i.e. checks.

Certificate of Deposit (“CD”)
• Rate Information: Your interest rate and annual percentage yield will be fixed until maturity.
• Compounding frequency: Interest will be compounded every day.
• Crediting frequency: Interest will be credited to your account every month
• Crediting frequency: Interest will be credited to your account every quarter
•Minimum balance to open the account: You must deposit $1,000.00 or more to open this account.
• Daily balance computation method: 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 noncash deposits: Interest begins to accrue on the business day you deposit noncash items, i.e. checks.

• Transaction Limitations:
You may not make any deposits into your account before maturity,
You may make withdrawals of principal from your account before maturity,
You can only withdraw interest credited in the term before maturity of that term without penalty. You can withdraw interest any time during the term after it is credited to your account.

• Early withdrawal penalties (a penalty may be imposed for withdrawals before maturity):
• If your account has an original maturity of one year or more: The fee we may impose will equal six months interest on the amount withdrawn subject to penalty.
• If your account has an original maturity of six months or less: the fee we may impose will equal three months interest on the amount withdrawn subject to penalty.

In certain circumstances such as the death or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. See your plan disclosure if this account is part of an IRA or other tax qualified plan.

• Withdrawal of interest prior to maturity: The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.

• Automatically renewable time account: This account will automatically renew at maturity. You may prevent renal if you withdraw the funds in the account at maturity (or within any grace period mentioned below) or we receive written notice from you within any grace period mentioned below. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, interest will continue to accrue after final maturity for up to seven calendar days. The interest rate will be at the renewal date.

Each renewal term will be the same as the original term, beginning on the maturity date. The interest rate will be the same we offer on new time deposits on the maturity date, which have the same term, minimum balance (if any) and other feature as the original time deposit.

You will have seven calendar days after maturity to withdraw the funds without a penalty.

Jumbo Certificate of Deposit
• Rate information: You will be paid a fixed rate until first maturity.
• Compounding frequency: Interest will be compounded every day
• Crediting frequency: Interest will be credited to your account every month
• Crediting frequency: Interest will be credited to your account every quarter
• Crediting frequency: Interest will be credited to your account at maturity

• Minimum balance to open the account: You must deposit $100,000.00 or more to open this account.

• Daily balance computation method: 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 noncash deposits: Interest begins to accrue on the business day you deposit noncash items, i.e. checks.

• Transaction Limitations
You may not make any deposits into your account before maturity.
You may make withdrawals of principal from your account before maturity.
You can only withdraw interest credited in the term before maturity of that term without penalty. You can withdraw interest any time during the term after it is credited to your account.

• Time requirements: Your account will mature ____________________________________

• Early withdrawal penalties (a penalty may be imposed for withdrawals before maturity)
• If your account has an original maturity of six months or less: The fee we impose will equal three months interest on the amount withdrawn subject to penalty.
• If your account has an original maturity of more than six months: The fee we may impose will equal
six months interest on the amount withdrawn subject to penalty.

• Withdrawal of interest prior to maturity: The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.

• Non-automatically renewal time account: This account will not automatically renew at maturity. If you do not renewal the account, interest will continue to accrue after maturity for up to seven calendar days. The interest rate will be the last rate in effect immediately before maturity.

Health Savings Account (“HSA”)
• Minimum balance to open the account: You must deposit $50.00 to open this account.
• Fees: A service charge fee of $25.00 will be charged annually.

Christmas Club
• Rate Information: Your interest rate and annual percentage yield may change.
• Frequency of rate changes: We may change the interest rate on your account at any time.
• Determination of rate: At our discretion, we may change the interest rate on your account.
• Compounding and crediting frequency: Interest will be compounded every day. Interest will be credited to your account every month.
• Daily balance computation method: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principle in the account each day.
• Accrual of interest on non-cash deposits: Interest begins to accrue on the business day you deposit non-cash items, i.e. checks.
• Transaction limitations: If any withdrawal is made from this account before the end of the club year then this account may be closed.

COMMON FEATURES
The following fees may be assessed against your account and the following transaction limitation, if any, apply to your account.

Account Closed within 90 days of opening $20.00

Account Inquiry by phone:
Voice response Free

Single inquiry (non-automated) $1.00

Multiple inquires (non-automated) $3.00

Check printing Fee depends on style of check ordered

Cashier’s check $3.00

Certified check $10.00

Checks returned unpaid:
Per item returned $10.00
(personal accounts only)

Collection Item $20.00

Copy of canceled check $5.00

Copy of cashier’s check $5.00

Copy of deposit $5.00
(plus $3.00/item within deposit)

Copy of money order $5.00

Copy of statement $3.00

Fax $5.00
each additional page $1.00

Levies, garnishments or citation to
discover assets $75.00

Loose coin counting
Totals less than $100.00 – no charge 1% of total

Money order $2.00

NSF item $29.00

Photocopy $0.15

Research and reconciliation
minimum ½ hour   $30.00 per hour

Statements held for pick-up
Held for a maximum of three months $1.00

Stop payment $25.00

Telephone transfer $5.00

Temporary check $.15

Traveler’s check
One signature 1% of amount
Two signatures 1.75% of amount

Utility bills (except People’s Gas) $1.00
Chicago branches only

Wire transfer
Incoming $10.00
Outgoing Domestic $20.00
Foreign $50.00
Through New York bank $30.00

Written account certification $5.00

All fees are subject to change without notice.

We may require not less than seven days notice in writing before each withdrawal from an interest-bearing account other than a time deposit, or from any other savings account as defined by Regulation D. Withdrawals from a time account prior to maturity or prior to any notice period may be restricted and may be subject to penalty. See your notice of penalty for early withdrawal.

YOUR DEPOSIT ACCOUNTS
Below are the interest bearing accounts you have either opened or inquired about. Further details about these accounts are inside this brochure. If the interest rates are not filled in, please see the insert that is with this document or your periodic statement.

Now
The interest rate for your account is _________% with an annual percentage yield of _________%

Super Now
• Tier 1 – If your daily balance is $2,500.00 or more, the interest rate paid on the entire balance in your account will be _________% with an annual percentage yield of ____________%.
• Tier 2 – If your daily balance is more than $499.99 but less than $2,500.00, the interest rate paid on the entire balance in your account will be _________% with an annual percentage yield of _________%

The interest rate for your account is _________% with an annual percentage yield of _________%

Club Plus
The interest rate for your account is _________% with an annual percentage yield of _______%

Premier 50
The interest rate for your account is _________% with an annual percentage yield of _________%

Premier 50 Plus
The interest rate for your account is _________% with an annual percentage yield of _________%.

Money Market
• Tier 1 – If your daily balance is $2,500.00 or more, the interest rate paid on the entire balance in your account will be _________% with an annual percentage yield of _________%.
• Tier 2 – If your daily balance is more than $499.99 but less than $2,500.00, the interest rate paid on the entire balance in your account will be _________% with an annual percentage yield of _________%

Christmas Club Savings
The interest rate for your account is _________% with an annual percentage yield of _________%

Statement Savings
The interest rate for your account is _________% with an annual percentage yield of _________%

Passbook Savings
The interest rate for your account is _________% with an annual percentage yield of _________%

IRA Passbook
The interest rate for your account is _________% with an annual percentage yield of _________%

Certificate of Deposit (“CD”)
The interest rate on your account is _________% with an annual percentage yield of _________%.
Your account will mature ____________________________________. You will have seven calendar days after maturity to withdraw the funds without a penalty.

Jumbo Certificate of Deposit
The interest rate on your account is _________% with an annual percentage yield of _________%.
Your account will mature ____________________________________. You will have seven calendar days after maturity to withdraw the funds without a penalty.