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ACCOUNT ANALYZER


Definition of Terms:
	RESERVE REQUIREMENT Banking law requires a percentage of your deposits be held in reserve at a correspondent bank or Federal Reserve Institution.
	CREDIT ALLOWANCE ON INVESTABLE FUNDS The credit allowance on your investable balance times the average Fed Funds rate for that month. Credit allowance on investable funds is established each month and varies according to Fed Funds Rate (Earning Credit Rate).
	"FOREIGN" ITEMS All non-regional bank checks processed at $ .10 each (cost of collecting).
	"LOCAL" ITEMS Regional bank issued checks processed at $ .08 each (cost of collecting).
	REGULAR CREDITS OR CREDIT FEE Cost of processing all items on a single deposit slip (A fee of $ .30 per deposit slip used).
	REGULAR DEBITS Cost of processing checks / items written on your account (checks, drafts, and inter-bank debits, at a fee of $ .15 per item).
	MAINTENANCE FEE Our cost of maintaining your monthly statement and general operating costs of handling the account ($10.00 per month).

LEDGER / CODE DESCRIPTIONS:
1.	AVERAGE LEDGER BALANCE The Average Daily Ledger Balance of Demand Deposit Accounts.
2.	AVERAGE FLOAT The average daily deposit float for the Demand Deposit Account. Float is the time required for items deposited in your account to be paid (we DO allow you immediate credit even though actual funding may require one, two, three, or more days).
3.	AVERAGE COLLECTED BALANCE Average Ledger Balance less Average Float.
4.	SERVICES RENDERED A description of all the Bank services rendered during the analysis statement period.
5.	VOLUME The total number of units of each Bank service used by the account during the analysis period.
6.	PRICE The per unit charge for each service.
7.	TOTAL Volume of each service multiplied by Price per unit for that service.
8.	TOTAL CALCULATED CHARGES The total of all charges for services during the analysis period.
9.	TOTAL BALANCE REQUIRED FOR SERVICES The Average Available Balance that would have to be maintained in the account to off set the cost of all Bank services rendered during the analysis period.
10.	BALANCE AVAILABLE FOR OTHER SERVICES The Average Collected Balance less balance required for services. If positive-these are balances that exceed the Balance Required for services. If zero-the Balances Required for services exceeds your Average Collected Balance and your balances are deficient to cover services rendered.
11.	RESERVE AMOUNT The total amount of required reserves for the account.
12.	INVESTABLE BALANCE Average Collected Balance less Reserve Amount. This is the amount of balances available to cover services rendered on the account.
13.	CREDIT Investable Balance multiplied by the Earnings Credit Rate times the interest factor (number of days outstanding in analysis month divided by the number of days in current year).
14.	FINAL SERVICE CHARGE The fee required to cover services rendered which were not compensated with balances.

* Each checking account is eligible for up to $1,000.00 of overdraft privilege following the first sixty (60) days that the account is open, if during that time the account is handled in a satisfactory manner. A fee may be imposed for covering overdrafts created by check, in-person withdrawal, ATM withdrawal, or other electronic means as applicable. A $20 per item fee will be imposed for NSF and Overdrawn items. An interest rate of 18% will be assessed daily on the overdrawn balance (negative balance) on the account. You should promptly return the overdrawn deposit account to a positive balance to avoid the 18% daily overdrawn account charge. Whether your overdrafts will be paid is discretionary and we reserve the right not to pay. for example, we typically do not pay overdrafts if your account is not in good standing, or you are not making regular deposits, or if you have too many overdrafts. You may opt out of the Overdraft Privilege Program at any time by contacting a customer service representative.
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