| REGULAR CHECKING: | | Our regular checking account offers convenience with no limit to the number of deposits or checks. -Limitations: Requires $50 opening deposit. Account Fees: A $10 monthly maintenance charge will be assessed if a minimum daily balance of $500, or an average daily balance of $1500, is not maintained during the statement cycle. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. Additional fees are listed on our "Account Fees" schedule. | | SENIOR 50 ACCOUNT: | | To be eligible, customers must be 50 years or older. Limitations: Requires $50 opening deposit.No minimum balance, checking at no charge. Additional fees are listed in our "Account Fees" schedule. | | LIFETIME FREE CHECKING: | | There is no monthly maintenance charge or minimum balance. Limitations: Requires $50 opening deposit. Florida Citizens Bank will allow you 2 free Non-Sufficient Funds (NSF) checks per calendar year. No copies of checks will be returned with your monthly statement. You will be allowed 2 copies of paid checks or deposited items free per statement cycle. Additional copies are $5 each. The cost of checks will vary depending on the style ordered. Lifetime Free Checking will terminate in the event Florida Citizens Bank is sold to, or merged with, another banking entity. | | NEW CHANCE CHECKING: | | Through a relationship with Elan Financial Services, New Chance Checking offers those individuals who have a blemished banking history an opportunity to once again open a bank account. Florida Citizens Bank will open a checking account that is connected to Elan Financial Services through an electronic Pay Card. Each time the account holder deposits funds, FCB will transfer the available funds to the Pay Card which can be used anywhere PIN based transactions are permitted. There will be an initial administrative fee for the Pay Card of $18. The card and PIN number will be mailed directly to the account holder. Each time FCB transfers funds to the account holders card there will be a $7.50 transfer fee deducted from the transfer amount. Elan Financial Services charges additional fees for transactions and these fees are disclosed separately in the "Pay Card Enrollment Authorization". - Deposit Limitations: Account holds will follow FCB's delayed available policy and placed on a case-by-case basis. Every day is considered a business day except Saturdays, Sundays and federal holidays. Funds from the following deposits may be available on the first business day after the day of your deposit: U.S. Treasury Checks; Direct Deposits via Automated Clearing House (ACH); wire transfers; checks drawn on Florida Citizens Bank; Cash; State and local government checks; Cashier’s checks; Certified checks; U.S. Postal Service Money Orders; Federal Reserve Checks and certain other local checks. - Withdrawal Limitations: No over-the-counter withdrawals or check withdrawals are permitted for this account. No checks or deposit tickets will be ordered. This account requires special deposit tickets available only at Florida Citizens Bank branches at the time of deposit. Minimum amount of transfer is $10. Online Banking and the Voice Response System are not available with this account. | | NOW PERSONAL CHECKING: | | Our NOW Checking account allows you to earn interest on your checking funds. A NOW account may be used by individuals, sole proprietorship's, unincorporated family businesses and nonprofit organizations. - Rate Information: This account is an interest bearing account. The interest rate is variable and is paid monthly. The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield may change, at our discretion, at any time. Interest will be compounded and credited to the account monthly. Interest begins to accrue on the date of deposit if received by 7:00 pm on a business day. Accrued interest will not be paid if account is closed before interest is credited.- Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. - Limitations: Requires $50 opening deposit. - Account Fees: A $10 per month maintenance charge is assessed if the daily balance falls below $1,500. Additional fees are listed on our "Account Fees" schedule. | | NOW T-BILL CHECKING: | | NOW T-Bill offers you maximum convenience and earnings. You’ll get checking at a higher rate than our NOW account. -Rate Information: The interest rate is variable and is paid monthly. The interest rate and annual percentage yield will vary based on the actual daily balance. The interest rate and annual percentage yield may change on the account monthly on the 25th of the month, if the 25th is not a business day the rate will change the following business day. The rate is based on the 90-day T-Bill rate. The interest rate and annual percentage yield are included in the Rate Chart. Interest will be compounded and credited to the account monthly. Interest begins to accrue on the date of deposit if received by 7:00 pm on a business day. You must maintain a minimum balance of $2500 in the account each day to obtain the disclosed APY. Accrued interest will not be paid if account is closed before interest is credited.-Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. -Limitations: Requires $50 opening deposit. -Account Fees: A $10 per month maintenance charge is assessed if the daily balance falls below $2,500. Additional fees are listed on our "Account Fees" schedule. | | MONEY MARKET ACCOUNT: | | Our Money Market account combines the convenience of a traditional savings account with the higher yield of money market interest rates. - Rate Information: This account is an interest bearing account. The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield may change, at our discretion, at any time. Interest will be compounded and credited to the account monthly. Interest begins to accrue on the date of deposit if received by 7:00 pm on a business day. Accrued interest will not be paid if account is closed before interest is credited.- Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. - Limitations: Requires $50 opening deposit. You may have six (6) withdrawals from your account during a statement cycle, which may be payments by check and/or electronic debits to third parties.- Account Fees: A $10 per month maintenance charge is assessed if the daily balance falls below $2,500. FCB allows six (6) free withdrawals per statement cycle, with a $3 fee for excess withdrawals per withdrawal after six. You receive unlimited in person over-the-counter withdrawals/transfers at no charge. Additional fees are listed on our "Account Fees" schedule | | 30-DAY T-BILL MONEY MARKET | | Our T-Bill Money Market account combines the convenience of a traditional savings account with the higher yield of money market interest rates.- Rate Information: The interest rate is variable and paid month. The interest rate and annual percentage yield will vary based on the actual daily balance. The interest rate and annual percentage yield may change on the account monthly on the 25th of the month, if the 25th is not a business day the rate will change the following business day. The rate is based on the 30-Day T-Bill rate. The interest rate and annual percentage yield are included in the Rate Chart. Interest will be compounded and credited to the account monthly. Interest begins to accrue on the date of deposit if received by 7:00 pm on a business day. You must maintain a minimum balance of $50,000 in the account each day to obtain the disclosed APY. Accrued interest will not be paid if the account is closed before interest is credited.- Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.- Limitations: Requires $50,000 opening deposit. You may have six (6) withdrawals from your account during a statement cycle which may be payments by check and/or electronic debits to third parties. - Account Fees: A $10 per month maintenance charge is assessed if the daily balance falls below $2500. FCB allows six (6) free withdrawals per statement cycle, with a $3 fee for excess withdrawals per withdrawal after six. You receive unlimited in person over-the-counter withdrawals/transfers at no charge. Additional fees are listed on our "Account Fee" schedule. | | FED FUND MONEY MARKET | | Our Fed Fund Money Market account offers the convenience of a higher yield of interest on your funds.-Rate Information: The interest rate is variable and paid monthly. The interest rate and annual percentage yield will vary based on the actual daily balance. The interest rate and annual percentage will change on the account daily. The interest rate is based on the daily Federal Funds rate. The interest rate and annual percentage yield are included in the Rate Chart. Interest will be compounded and credited to the account monthly. Interest begins to accrue on the date of deposit if received by 7:00 pm on a business day. You must maintain a minimum balance of $100,000 in the account each day to obtain the disclosed APY. Accrued interest will not be paid if the account is closed before interest is credited.-Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. -Limitations: Requires $100,000 opening deposit. You may have six (6) withdrawals from your account during a statement cycle, which may be payments by check and/or electronic debits to third parties. -Account Fees: A $10 per month maintenance charge is assessed if the daily balance falls below $2500. FCB allows six (6) free withdrawals per statement cycle with a $3 fee for excess withdrawals per withdrawal after six. You receive unlimited in person over-the-counter withdrawals/transfers at no charge. Additional fees are listed on our "Account Fee" schedule. | | PERSONAL SAVINGS: | | Our personal savings account offers you a secure place for your spare funds with convenient access whenever you need it. Statements are issued quarterly for these accounts. You may make six (6) withdrawals per quarterly statement cycle at no charge. Additional withdrawals are $2 each in excess of six (6) withdrawals. The interest rate and annual percentage yield may change at our discretion at any time. Interest will be compounded and credited to the account quarterly. Interest begins to accrue on the date of deposit if received by 7:00 pm on a business day. - Minimum opening deposit is $50.- Quarterly maintenance charge of $6, if the daily balance falls below $200. |
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