Certificate of Deposit (CD)

Term               Minimum Deposit          Interest Rate

12 months             $1,000.00                  1.05%

12 months             $5,000.00                  1.20%

12 months             $10,000.00                1.50%

Interest rates are computed by average daily balance.

30-day notice mailed prior to maturity date with 10-day grace period.

Automatic renewal with interest posted to principal amount after grace  period

Penalty of 60 days interest on all certificates of deposit withdrawn prior to maturity date.