BSI Online Agreement for Personal Accounts

Please print or save a copy for your records.

What This Agreement Covers

This Agreement between you and Bath Savings Institution governs the use by you of Bath Savings Institution Online Services referred to as "BSI Online" from this point forward. These services permit Bath Savings Institution customers to perform a number of banking functions linked through the use of a personal computer.

Accepting the Agreement

When you use BSI Online Services as described in this Agreement, you agree to the terms and conditions of this Agreement.

Relation to Other Agreements

This Agreement constitutes the entire agreement between you and Bath Savings Institution with regard to your use of BSI Online. However, your use of BSI Online may be affected by other agreements between us governing your deposit, or other eligible accounts. When you link accounts to BSI Online, this does not change the agreements you already have with us governing those accounts. For example, when you use BSI Online to access a credit account, you do so under the terms and conditions governing the agreement and disclosure for that account. You should review those agreements for any applicable fees, for limitations on the number of transfers you can make, and for other restrictions that might impact your use of that account through BSI Online. Additionally, your use of BSI Online is subject to the terms and conditions of the Bank's Electronic Fund Transfer disclosures.

Computer Requirements

In order to access BSI Online, you will need a computer and related Internet access equipment. You are responsible for installing, maintaining and operating appropriate computer equipment and for arranging Internet access through an Internet service provider. Bath Savings Institution is not responsible for any errors or failures caused by malfunction of your computer equipment or for problems caused by your Internet service provider. We also are not responsible for loss or damage from its use, including damage from any computer virus. You are responsible for all Internet access fees/charges and telephone charges incurred by you in connection with your use of BSI Online.

Copyright and Trademarks

The content, organization, graphics, design, compilation, magnetic translation, digital conversion and other matters related to the Bath Savings Institution website and BSI Online are protected under applicable copyrights, trademarks and other proprietary rights. The copying, redistribution, use or publication by you of any part of our website, except as allowed by this Agreement, is strictly prohibited. You do not by virtue of this Agreement acquire ownership rights to any content, document or other materials accessed through BSI Online or the Bath Savings Institution website. The posting of information or materials on the Bath Savings Institution website does not constitute a waiver by Bath Savings Institution of any proprietary or other right in such information and materials.

BSI Online Services

To use BSI Online you need:

  1. A Bath Savings Institution personal checking account, or statement savings account;
  2. Service through an Internet service provider ("ISP");
  3. A BSI Online Access ID & Password;
  4. A means of connecting and communicating through the Internet.

You may use BSI Online to:

  1. Transfer funds between your eligible Bath Savings Institution statement deposit accounts on either a one-time or recurring basis.
  2. View current balance information for your Bath Savings Institution checking accounts, savings accounts, CDs, and loans.
  3. Review transactions for the current and previous statement cycle.
  4. Download account information for use with other personal financial systems.
Description of Services

Processing Recurring and One-Time Payments and Transfers

You can make transfers and payments between Bath Savings Institution eligible accounts in one of two ways:
1) One-time; or
2) Recurring

Transfers from or to passbook savings or certificate of deposit accounts are not permitted online.

BSI Online BillPay Service

Terms & Conditions

You may direct BSI Online BillPay Service ("Service") to make payments from any checking account on which you are an owner/signer for any products or services provided to you on your behalf to any business, merchant or professional that generates a bill or invoice. You may also make payments through the Service to individuals, family or friends for non-business purposes. Payments may be made only to payees in the United States. We recommend that you not make a payment of alimony, child support, taxes or other governmental fees or court-directed payments through the Service.

Using the Service

As used in these terms and conditions (the "Agreement"), the term "Payee" means the person or entity to whom you wish a Bill Payment to be directed. "Payment Instruction" means the information provided by you to the Service for a Bill Payment to be made to the "Payee". "Payment Account" means your checking account from which all Bill Payments will be made. "Business Day" means Monday through Friday excluding bank holidays. "Scheduled Payment Date" means the Business Day of your choice upon which your Bill Payment will be made and your Payment Account debited. "Cutoff Time" means 2:00 p.m. Eastern Time on any Business Day and is the time by which you must transmit Payment Instructions to have them considered entered on the particular Business Day.

The Bill Paying Process

Single Payments – a single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment’s process date, provided the payment is submitted prior to the daily cut-off time on that date. The daily cut-off time, which is controlled by Bath Savings Institution, is currently 2:00 pm.

A single payment submitted after the cut-off time on the designated process date will be processed on the next business day. If you designate a non-business date (generally weekends and certain holidays) as the payment’s process date, the payment will be processed on the first business day following the designated process date.

Recurring Payments - When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a process date is calculated for the next occurrence of the payment. If the calculated process date is a non-business date (generally weekends and certain holidays), it is adjusted based upon the following rules:

Note: If your frequency settings for the recurring payment specify the 29th, 30th, or 31st as a particular day of the month for processing and that day does not exist in the month of the calculated process date, then the last calendar day of that month is used as the calculated process date.

Single And Recurring Payments

The system will calculate the Estimated Arrival Date of your payment, this is only an estimate, please allow ample time for you payments to reach your “Payees”.

Cancelling A Payment

A bill payment can be changed or cancelled, anytime prior to the cutoff time on the scheduled process date.

Available Funds

You agree to have available collected funds on deposit in the account you designate in amounts sufficient to pay for all bill payments requested, as well as any other payment obligations you have to Bath Savings Institution.

Bath Savings Institution reserves the right to change the cut-off time. You will receive notice if it changes.

Liability
Discontinuing BSI Online BillPay Service

If at any time you wish to cancel your BSI Online BillPay Service, please inform us in writing at Bath Savings Institution, P.O. Box 548, Bath, ME 04530-0548. We cannot cancel the service until all pending payments have cleared. If you have pending payments and do not want to wait for them to clear, you may individually delete these future payments.

Equipment

You are responsible for obtaining, installing, maintaining and operating all computer hardware and software necessary for BSI Online BillPay Service. Bath Savings Institution will not be responsible for any errors or failures from the malfunction or failure of your hardware or software.

Password and Security

You agree not to give or make available your Access ID or Password to any unauthorized individuals. You are responsible for all Bill Payments you authorize using BSI Online BillPay Service. If you permit other persons to use the service or your Access ID or Password, you are responsible for any transactions they authorize. If you believe that your Access ID or Password has been lost or stolen or that someone may attempt to use the Service without your consent or has transferred money without your permission, you must notify Bath Savings Institution at once by calling (800)447-4559 during normal customer service hours.

Electronic Funds Transfer Disclosure

Electronic Funds Transfers (EFT) systems transfer funds for the benefit of our customers. Electronic Funds Transfer services are available to our customers who operate consumer deposit accounts established primarily for personal, family, or household purposes and these disclosures govern transactions with respect to Electronic Funds Transfers affecting such consumer purpose accounts at this Bank. An electronic funds transfer means use of services such as Automatic Teller Machines (ATM), Debit Card purchases, telephone banking, direct deposit of payroll checks, direct deposit of Social Security checks, Internet Banking (including BSI Online and BillPay) and any pre-authorized payments. With these services, you may transfer funds to or from checking and statement savings accounts without having to prepare a withdrawal slip or check.

Dollar Transaction Limits

You may use your ATM or Debit Card to withdraw the available balance in your checking, Variable Market Rate or Statement Savings account up to $400 per business day for regular accounts or $600 per business day for Packard Account members. You may use your Debit Card to make purchases (Point of Sale transactions), not exceeding the available balance in your checking account, up to $2,000 per business day for regular accounts or $5,000 per business day for Packard Account members. Point of Sale transactions occurring on weekends or holidays are included with withdrawals and Point of Sale transactions occurring on the following business day when determining whether or not your maximum withdrawal or Point of Sale dollar transaction limit has been reached.

Transaction Limits Applicable to Transfers from Statement Savings and Variable Market Rate Accounts

You may make up to six (6) transfers every monthly statement cycle from your savings or Variable Market Rate account. ATM transactions and preauthorized transfers to make a loan payment at this Bank are not subject to these limits.

ATM or Debit Cards

Your ATM or Debit Card is your personal access device for the account(s) you select. You will be responsible for all authorized use of the card and as stated below, in some instances for unauthorized use. The card is intended for your personal use only. The use of your card to purchase goods or services at merchant locations or to withdraw cash will constitute a simultaneous withdrawal from and/or demand upon your account, even though the transaction may not actually be posted to your account until a later date. Transactions will be posted to your account in the order and with the same legal effect as checks drawn on the account.

Anyone honoring your card may be required to obtain approval or authorization for any transaction over a certain dollar amount. The authorization will create a hold on your account for the authorized amount. Any hold placed on your account may reduce the available funds in your account so that other checks or transfers presented to us for payment may not be paid, other transfers may not be authorized, or checks may not be approved. You agree that we may take this action and you agree to relieve us of any liability for placing a hold on the account as agreed.

PIN Security

When your ATM, Debit Card, or telephone banking service is activated, you will receive a 4-digit Personal Identification Number (PIN) known only to you. This PIN is the personal code you use to access your account using your ATM, Debit Card, or telephone banking service. Only you know your PIN. No one else, not even the Bank, has knowledge of or access to your number. No one has the right to ask you what your PIN is or the authority to require you to supply them with your PIN--no matter what reason he or she gives. This includes law enforcement agents as well as employees at the bank. Never divulge your PIN to anyone. Do not write your PIN on your ATM or Debit Card or keep it with your ATM or Debit Card. Never write your PIN down anywhere on or near your card. If you have a problem remembering your selected PIN number and would like to select a new one, please stop by one of our offices and speak to a Customer Service Representative.

Pre-authorized Payments

1. RIGHT TO STOP PAYMENT AND PROCEDURE:

If you have told us in advance to make regular payments out of your account, you can stop any of these payments. Call us at (800) 447-4559, or write us at Bath Savings Institution, P.O. Box 548, Bath, Maine 04530-0548 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. A fee is charged for each stop-payment order you give. Please refer to the Schedule of Fees for the amount charged.

2. 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.)

3. 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.

4. ELECTRONIC CHECK CONVERSION:

You may authorize a merchant or other payee to make a onetime electronic payment from your checking account using information from your check to: (a) pay for purchases or (b) pay bills.

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 the account to make the transfer.
2. If the transfer would go over the credit limit of your personal line of credit.
3. If the ATM where you are making the transfer does not have enough cash.
4. If the ATM or system was not working properly, and you knew 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. If the funds in your account are subject to legal process, such as garnishment, attachment, or other lien.
7. If your PIN or Debit Card is reported lost or stolen.
8. If we were holding uncollected funds in your account and the transfer would require the use of those funds. There may be other exceptions stated in our account agreement with you.
In Case of Errors or Questions About an EFT

Contact us 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 you the FIRST statement on which the problem or error appeared. When you call or write to us, you should:

  1. Tell us your name and account number.
  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 your complaint or question in writing within 10 business days.

We will tell you the results of our investigation within 10 business days (20 business days if the transfer involves a transfer to or from an account within 30 days after the first deposit to the account was made) 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 notice of error involves a transfer that was not initiated in a state, resulted from a Point of Sale debit card transaction or occurred within 30 days after the first deposit to an account) 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 involves a transfer to or from an account within 30 days after the first deposit to the account was made) for the amount you think is in error, so that you will have 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.

If we decide that there was no error, we will send you a written explanation within three business days after we finish our investigation. You may ask for copies of the documents that we used in our investigation.

If you have a dispute with your financial institution regarding your deposit account, contact the financial institution’s consumer complaint representative or department and attempt to resolve the problem directly with the financial institution. If the financial institution fails to solve the problem, write a letter detailing the problem and the resolution you are seeking to: Consumer Outreach Program, Bureau of Financial Institutions, 36 State House Station, Augusta, ME 04333. The Bureau of Financial Institutions will acknowledge receipt of your complaint promptly and investigate your claim. You will be informed of the results of the investigation. www.maine.gov/pfr/financialinstitutions/complaint.htm

Consumer Liability

Tell us AT ONCE if you believe your card or PIN has been lost or stolen. Telephoning is the best way of keeping your possible losses down. If you tell us within 2 business days, you can lose no more than $50 if someone used your card or PIN without your permission. If you do not notify us you could lose all the money in your account (plus your maximum overdraft line of credit).

If you do NOT tell us within 2 business days after you learn of the loss or theft of your card or PIN, and we can prove we could have stopped someone from using your card or PIN without your permis-sion if you had told us, you could lose as much as $500. 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 Transfer

If you believe your card or PIN has been lost or stolen or that someone has transferred or may transfer money from your account without your permission, call: (800) 447-4559 (after business hours call (888) 849-6046) or write us at: ATM Coordinator, Bath Savings Institution, P.O. Box 548, Bath, Maine 04530-0548

Effective December 31, 1997, your liability for unauthorized use of your debit card with the MasterCard® logo (when used as a MasterCard) will not exceed (A) $0 if the conditions set forth below have been met, or (B) if those conditions have not been met, the lesser of $50 or the amount of money, property, labor or services obtained by the unauthorized use before notification to us. Zero liability will apply only if: (a) you report the loss or theft of your card within 24 hours of discovering it lost or stolen; and (b) you can demonstrate that you have exercised reasonable care in safeguarding your card from risk of loss or theft; and (c) you have not reported two or more incidents of unauthorized use to us within the preceding 12 months; and (d) your account is in good standing.

Account Information to Third Parties:

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

  1. Where it is necessary for completing transfers; or
  2. In order to verify the existence of the 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.
Right to Receive Transfer Documentation
  1. You may get a receipt at the time you make any transfers to or from your account using one of our ATMs.
  2. If you have arranged to have direct deposits made to an account at least once every 60 days from the same person or company, you may call us at (800) 447-4559 to find out whether or not the deposit has been made. If these regular payments may vary in amount, the person you are going to pay will tell you ten (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 you set.
  3. All transfers will appear on a monthly account statement that you will receive from us.
Business Days

Our business days are Monday through Friday. Holidays are not included.

EFT Services

YOU CAN USE YOUR ATM OR DEBIT CARD TO:

  1. Withdraw cash or make deposits or transfers between your checking, Variable Market Rate or statement savings accounts.
  2. Deposit funds to your checking, Variable Market Rate or statement savings accounts, but only at ATM machines at Bath Savings Institution offices.
  3. Make payments on your installment or mortgage loans with Bath Savings, but only at ATM machines at Bath Savings Institution offices.
  4. Access your personal line of credit (if applicable).

You can additionally use your Debit Card to pay for purchases at places that have agreed to accept the card.

YOU MAY USE PRE-AUTHORIZED TRANSFER SERVICES TO:

  1. Deposit Social Security, government, payroll, or any other check you receive on a regular basis from the same company directly into your checking, Variable Market Rate or statement savings account.
  2. Have your checking or savings account automati¬cally charged for payments made to a company on a regular basis, such as monthly premiums for life insurance. The transaction will require you to pro¬vide the third party with your account number and bank information. This information can be found on your check as well as on a deposit or withdrawal slip. You should only provide your bank and account information to trusted third parties whom you have authorized to initiate these electronic funds transfers.

YOU MAY USE TELEPHONE BANKING SERVICES TO:

  1. Make transfers between your checking, Variable Market Rate or statement savings accounts
  2. Make payments from your statement savings, Variable Market Rate or checking accounts to your installment or mortgage loan accounts with Bath Savings Institution.

YOU CAN USE OUR BSI ONLINE (INTERNET BANKING) SERVICE TO:

  1. Obtain current balance, last deposit, recent transactions, interest information about your checking account, Variable Market Rate or statement savings accounts.
  2. Make transfers between your checking, Variable Market Rate or statement savings accounts.
  3. Make payments from your statement savings, Variable Market Rate or checking accounts to your installment or mortgage loan accounts.

YOU MAY USE BSI ONLINE BILLPAY SERVICE TO:

Make one-time payments or scheduled payments, at intervals you specify, from your checking accounts to any company or individual located within the United States. You will be required to initiate payments at least 10 business days prior to the actual “due date” of the payment. Funds must be available at that time and will be taken from your account. Bath Savings Institution will not be liable for delays in mail delivery, for changes to the Payee’s address or account number with that Payee, for the failure of the Payee to credit your account in a timely manner or for any other circumstance that is beyond bank control.

Transaction Fees

There is a per transaction charge for ATM transactions done at other institutions’ ATMs. Please refer to the Schedule of Fees for the correct amount. There is no charge for transactions done at a Bath Savings Institution ATM. In addition, when you use an ATM not owned by us, you may be charged a fee by the ATM owner or by any network used to complete the transfer and you may be charged a fee for a balance inquiry even if you do not complete a fund transfer. There is no charge for Point of Sale transactions.

If you enroll in BSI Online BillPay Service, a monthly fee of $5.00 will be deducted from the checking account you designate. If you are a Packard Account member, the monthly fee will be $3.00.

DEPOSIT ACCOUNT AGREEMENT

& Disclosure
Terms & Conditions
Funds Availability Policy



TABLE OF CONTENTS

1. Terms & Conditions
    Abandoned Accounts
    Account Transfer
    Account Type
    Address
    Agency Account
    Amendments and Termination
    Attorney Fees
    Certifying Checks and Negotiable Orders of Withdrawal
    Closing Accounts
    Confidentiality
    Death of a Joint Tenant
    Deposit Account Contract
    Deposits
    Dormant and Inactive Accounts
    FDIC Insurance
    Fee Schedule
    Forgery
    "In Trust For" Accounts
    Insufficient Balance
    Joint Account with Right of Survivorship
    Joint "In Trust For" Accounts
    Legal Proceedings
    Liability
    Money Belonging to Minors
    Mortuary Trust Accounts
    Organization Accounts
    Payable on Death (POD) Accounts
    Payment of Checks and Negotiable Orders of Withdrawal
    Power of Attorney
    Prohibition of the Funding of Unlawful Internet Gambling, Regulation GG
    Right to Set Off
    Stale, Postdated or Overdraft Checks
    Statement of Account
    Stop Payment Requests
    Time Deposit Regulation
    Using Your Account as Collateral
    Withdrawals
2. Information on Taxpayer ID Numbers & Backup Withholding
3. Funds Availability Policy

EXCEPTIONAL SERVICE WITHOUT EXCEPTION

Since 1852 it has been our mission to serve the needs of our customers and our communities. As we strive to exceed the expectations of our customers, our communities and ourselves, we shall not waver from the high ethical and performance standards we have established. Together, we will always deliver that exceptional service which sets us apart.

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

To help the government fight the funding of terrorism and money laundering activities, Federal Law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.
What this means for you
When you open an account, we may ask for your:
Your cooperation in helping us satisfy these regulatory requirements is very much appreciated.

TERMS & CONDITIONS

Abandoned Accounts: Under Maine State law, an account is considered to be abandoned property and the funds in it are turned over to the State of Maine if, for three consecutive years, there are no deposits or withdrawals to the account and Bath Savings Institution (hereinafter the Bank) has received no written notice that someone who is entitled to the funds in the account knows about it.

An Individual Retirement Account (IRA) is evidenced by a single Custodial Agreement under which multiple deposit accounts, including automatically renewing time deposit accounts may be opened. The opening of an additional deposit account, or an additional deposit to an existing account, under the Custodial Agreement is treated as evidence that you know about all the accounts under the Custodial Agreement. The IRA will be considered abandoned if, for a period of three consecutive years following maturity of the account, you do not do either of the following:

1. Make a deposit to, or withdrawal from, the IRA;
2. Communicate with us regarding your awareness of, and interest in, the IRA.

If your account is considered abandoned, but the funds have not yet been turned over to the State of Maine, the account will be reinstated if you make a deposit or withdrawal or notify the Bank that you know about the account. If the funds in your account have already been turned over to the State of Maine, you must file a claim to get your money back. Information on how to file a claim is available from the Maine State Treasury Department, Abandoned Property Division, State House Station #39, Augusta, ME 04333.

Account Transfer: Accounts may not be transferred without prior written consent. (This paragraph does not by itself restrict the transfer of funds out of an account by any method otherwise permitted.)

Account Type: When an account is opened at the Bank, each person who will be entitled to withdraw money from the account must be designated and must sign a signature card. Only those persons who do so, or persons whom they have appointed as their attorney(s)-in-fact, will be permitted to make withdrawals from the account.

Address: All remittances, statements, items, notices and other communications and writings given by the Bank to the depositor shall be deemed given when sent to the last address which the depositor shall have designated for the purpose to the Bank in writing.

Agency Account: An agency account is an account to which funds may be deposited and withdrawals made by an agent designated by the owner of the funds. An agent has full authority with regard to the account, but does not have an ownership interest in the account. An agency account is revocable at any time by notifying us in writing. An agency designation may be combined with one of the other forms of account ownership.

Amendments and Termination: The Bank may amend this agreement and Fee Schedule, from time to time hereafter upon giving reasonable notice to the account holder. Reasonable notice may consist of posting notice of such changes in the Bank for a reasonable period of time, enclosing a notice in the statement of this account, or sending a notice by mail to the address on file at the Bank. The Bank may also close this account at any time upon reasonable notice and tender of the account balance personally or by mail to the address on file at the Bank.

Attorney Fees: If the Bank takes legal action to recover the amount of any overdraft, or any other amounts due under these agreements, you may be liable to pay the Bank's reasonable attorney's fees and court costs, including costs on appeal.

Certifying Checks and Negotiable Orders of Withdrawal: Upon request, the Bank may certify payment of a check or order that is drawn on your account. When you request this service, money to cover the check or order is immediately set aside from the account on which it is drawn, and we promise that we will honor the check or order when presented. Once a certified check is paid, the check becomes part of the Bank's record and will not be returned with your statement. You may not stop payment on a certified check or order unless you return the check or order to us. We may impose a charge for this service. The charge is payable by the person requesting the certification. Please see our Fee Schedule for the amount of this charge.

Closing Accounts: We reserve the right to terminate any deposit account at will. We will notify you in writing if we elect to close your account. In enforcing this policy, the Bank will make closing determinations for business reasons only, and not on the basis of race, color, religion, national origin, sex, marital status or age. Your account will be closed as of the date the notice of cancellation is mailed and any balance remaining in your account will be returned to you. Any deposit account may be closed by you.

Confidentiality: Protecting your privacy is important to Bath Savings Institution and our employees. Your financial transactions with respect to your accounts with the Bank will be held in confidence and will not be disclosed to other parties without your consent. We are permitted under law to share information about our experiences or transactions with you or your account (such as your account balance and your payment history with us) with companies related to us by common control or ownership (affiliates). We are permitted under law to disclose nonpublic personal information about you to "nonaffiliated parties" (i.e. third parties that are not members of our corporate family), in certain circumstances. For example, we may disclose nonpublic personal information about you to third parties to assist us in servicing your loan or account with us, to government entities in response to subpoenas, and to credit bureaus. We do not disclose any nonpublic personal information about you to anyone, except as permitted by law.

Death of a Joint Tenant: In the event of the death of a joint tenant, the surviving joint tenant(s) shall so notify the Bank, and provide to the Bank such other information as it may reasonably request.

Deposit Account Contract: This deposit account contract is an agreement between Bath Savings Institution and you, the depositor, that sets forth the terms, conditions, rights, duties and obligations relating to deposit accounts.

Deposits: The owner(s) agree(s) that all parties named on the account may deposit to said account and may authorize the Bank to accept and place to the credit of the owner(s) any instrument payable to the order of the owner(s).

Dormant and Inactive Accounts: If there has been no activity in your account for a period of three years, it will be classified as dormant. We will make a reasonable effort to contact you. If we are unsuccessful, the funds in the account will be turned over to the State of Maine as required by law.

FDIC Insurance: Accounts are insured up to the maximum amount allowed by the Federal Deposit Insurance Corporation.

Fee Schedule:The account owner(s) agree(s) to pay the charges set forth in schedules adopted or to be adopted by the Bank. The Bank may deduct such charges from the depositor's account and it shall not be liable for dishonoring items where the deductions of such charges results in there being insufficient funds in the depositor's account to honor such items. The Bank will give notice of any new or increased charges before they go into effect as required by law.

Forgery:Except where the Bank fails to use ordinary care in paying checks or drafts with forged signatures, the depositor shall hold the Bank harmless for forgeries that cannot be detected by the Bank through normal banking procedures, including but not limited to facsimile signatures, desktop publishing or other computer generated or aided signatures, positive pay arrangements where presentment is made through computer modem, checks and drafts truncated at another collecting institution, and situations where the Bank, consistent with the practice of other banks in the industry, does not scrutinize depositor's signatures.

"In Trust For" Accounts: In this type of account, a single account owner has the right to make deposits to and withdrawals from the account. Only this person's signature is needed. If the owner dies, the entire balance in the account becomes the property of the beneficiary or beneficiaries named on the account by the account owner, unless the trust account has been revoked or modified by the owner's last Will and Testament. Withdrawals from the account after the owner's death will be subject to any legal requirements imposed by federal and state laws.

Insufficient Balance: The Bank may refuse payment of and return as unpaid to the presenting party, any or all items drawn by the depositor on the depositor's account and presented to the Bank on any banking day, when at the opening of business on that day there is not sufficient balance of collected funds in the account to pay the total amount of such items, unless the depositor has available credit on a Personal Line of Credit Account.

Joint Account with Right of Survivorship:(Designated by the use of "or" in the account title). In this type of account, all deposits become the property of each account owner as a joint tenant. During the lifetime of all owners, the Bank may release the entire account to any owner or honor checks, orders, or withdrawal requests of any owner. The Bank may also be required to release funds from the joint account to satisfy a judgment entered against, or other valid debt of, any owner of the account. After the death of any owner, the surviving account owner(s) will own the entire account, and the Bank may honor checks, orders, or withdrawal requests of such surviving account owner(s) subject to any legal requirements imposed by federal and state law. The Bank will have no liability for continuing to honor checks, orders, or withdrawal requests of an owner unless one or more joint account owners give the Bank written notice that it should no longer pay or deliver any funds in the account. If the Bank is given this notice, it may require written authorization of any or all joint account owners before it honors any future checks, orders, or withdrawal requests.

Joint "In Trust For" Accounts:This type of account is similar to the single trust account, except that the signature card designates more than one account owner. Unless indicated otherwise on the signature card, the account operates as a joint account with right of survivorship as long as any of the account owners are living. In this type of account, all deposits become the property of each account owner as a joint tenant. During the lifetime of all owners, the Bank may release the entire account to any owner or honor checks, orders, or withdrawal requests of any owner. The Bank may also be required to release funds from the joint account to satisfy a judgment entered against, or other valid debt of, any owner of the account. After the death of any owner, the surviving account owner(s) will own the entire account, and the Bank may honor checks, orders, or withdrawal requests of such surviving account owner(s) subject to any legal requirements imposed by federal and state law. The Bank will have no liability for continuing to honor checks, orders, or withdrawal requests of an owner unless one or more joint account owner(s) give(s) the Bank written notice that it should no longer pay or deliver any funds in the account. If the Bank is given this notice, it may require written authorization of any or all joint account owners before it honors any future checks, orders, or withdrawal requests.
After the death of all of the account owners, the entire balance in the account will become the property of the beneficiary or beneficiaries named by the joint depositors. At that time the beneficiary or beneficiaries may make withdrawals from the account, subject only to legal requirements imposed by federal and state laws.

Legal Proceedings:If your account becomes involved in legal proceedings, your use of it may be restricted.

Liability: Each account holder agrees, 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 Fee Schedule that may be imposed. You authorize the Bank to deduct these charges directly from the account balance as accrued. You also agree to pay such additional reasonable charges we may impose for services you request which are not contemplated by this agreement. Each account holder also agrees to be jointly and severally liable for any account deficit resulting from charges or overdrafts, whether caused by you or another authorized to withdraw from this account, together with the costs the Bank incurs to collect the deficit, including to the extent permitted by law, the Bank's reasonable attorneys' fees.

Money Belonging to Minors: "In Trust For" Account. If the beneficiary of an "In Trust For" account becomes entitled to receive the money in the account while still a minor (generally, under age 18), the Bank may release the money in the account to the parent or guardian to hold until the minor reaches the age of 18 years.
"Uniform Transfers to Minors" Account. Under Maine State law, any adult may put money in an account as a gift to a person who is a minor (generally, under age 18). Once a gift under the Uniform Transfers to Minor's Act has been made, it cannot be revoked. An adult must be named as "custodian" of the account. The custodian has possession and control of the account, but the minor to whom the gift is made is the owner and beneficiary of the account. When the minor comes of age, the account is ended, and the custodian must turn over the balance in the account to the beneficiary. If the minor dies before coming of age, the account is ended, and money in the account is paid to the minor's estate.

Mortuary Trust Accounts: In this type of account, a single donor gives to a trustee (a funeral home) funds to be held in trust. Only the trustee's signature is needed. When the donor dies, the entire balance in the account becomes the property of the trustee for the benefit of a funeral for the donor. Withdrawals from the account after the owner's death will be subject to any legal requirements imposed by federal and state laws.

Organization Accounts: The Bank will require a separate authorization form designating the person permitted and conditions required for withdrawal from any account in the name of a legal entity such as a partnership, corporation, or other organization. We will honor such authorization according to its terms until it is amended or terminated in writing by the governing body of such organization.

Payable on Death (POD) Accounts:A payable on death (POD) account is an account payable to the account holder during his or her lifetime. As the owner of the account, you may withdraw money from the account and may, by written direction to us, change the POD payees under the account. When the account holder dies, the account is owned by the POD payee(s). If the POD account is held by more than one person, each account holder will be subject to the rules pertaining to joint account ownership as set forth above. If there is no surviving POD payee upon the death of the last owner, state law will determine ownership of the funds in the account.

Payment of Checks and Negotiable Orders of Withdrawal: The Bank will pay all checks and orders drawn on your checking account, NOW account, Super NOW account, or variable market rate account unless payment will overdraw your account; or, in the Bank's sole opinion, payment of any check or order is not permitted or required based upon rules, laws, or court decisions of the State of Maine. If a check or order would overdraw your account or exceed the available balance in your account, the Bank has the sole option to refuse payment or to honor the check or order. (If you have a line of credit account at the Bank, a check or order which overdraws your balance will be paid, according to the terms of your line of credit agreement, provided payment will not exceed your credit limit.) If you have printed on your checks or orders any term limiting the negotiability or payment of the check or order, you must notify the Bank in writing of such and execute an indemnification agreement holding the Bank harmless if such items are inadvertently paid beyond those limits. If you fail to notify the Bank and execute an indemnification agreement, by such failure, you agree that the Bank will not be responsible for any checks paid outside the limitations noted on the checks or orders.

Power of Attorney:If you appoint an attorney-in-fact (someone else to whom you give the authority to make deposits to, withdrawals from, or inquiries about, your Account), the Bank will honor that person's instructions as it would your own. In a Joint Account, the consent and signature of all account owners are required in order to appoint an attorney-in-fact. All owners of the account will be bound by anything the attorney-in-fact does in connection with the account. The power of attorney will remain effective until the Bank receives written notice that it has been terminated, or the Bank receives notice of the death or the incapacity of the attorney-in-fact or of all account owners who have appointed him or her.

Prohibition of the Funding of Unlawful Internet Gambling, Regulation GG: Business customers must refrain from conducting any restricted transactions under the Unlawful Internet Gambling Enforcement Act or its implementing regulation, Regulation GG. Failure to comply with this provision may result in account closure.

Right to Set Off:If the account owner(s) owe(s) the Bank money, the Bank can use any money in said account to pay the debt, subject to State and Federal Laws.

Stale, Postdated or Overdraft Checks:You agree not to postdate any check drawn on your demand deposit account. You agree to hold the Bank harmless for paying any stale, postdated or overdraft check and agree to reimburse the Bank for any loss we might suffer because of such payment made in good faith.

Statement of Account:The Bank shall send to the depositor at the close of each accounting period for any statement account (as determined by the Bank from time to time), a statement thereof for the preceding accounting period, together with the items and other evidences of charges against the account for that period, unless directed in writing to hold the same available to the depositor. Such statement and items will be sent or held available for the depositor within (5) banking days after the last day of the accounting period. The depositor is obligated to examine the same immediately and to report promptly to the Bank any dispute or difference of account for whatever reason. Unless the Bank receives written notice of any claims, dispute, or difference of account within 60 days after the statement and items shall have been sent or made available to the depositor, the depositor shall be precluded from asserting any dispute or difference as to the account as rendered. The depositor shall not be relieved of the duty to examine and report, or of the stated consequences thereof, by reason of the fact that the statement of any item or items were not sent or made available, unless the depositor notifies the Bank of that fact within 30 days of the date upon which the same are customarily sent or made available.

Stop Payment Requests: The depositor may request the Bank to stop payment on an item by :
1. An oral request accepted by an authorized Bank employee in person or over the telephone, or
2. By a signed written request delivered to the Bank.
Oral stop payment requests will be effective for 14 calendar days. Written stop payment orders terminate in six (6) months, unless renewed in writing. The Bank shall be held harmless by the depositor for all expenses and costs incurred by the Bank on account of refusing payment of an item at the depositor's request.

Time Deposit Regulation: Time deposits will be automatically renewed upon maturity for a similar term at the rate in effect on that maturity date unless the Bank hears from you prior to that maturity.
Under Bank Regulations, your time deposit may not be withdrawn without penalty prior to maturity without consent, except when the depositor has died or has been judicially declared incompetent. In case of the depositor's death or mental incompetence, the Bank will be required to honor a request for withdrawal prior to maturity without penalty. In all other cases, if we permit you to withdraw all, or part of your account before maturity, we may impose a penalty.
Special rules may apply for retirement accounts.

Using Your Account as Collateral:Your regular savings account, super savings account, or certificate of deposit account may be pledged as collateral. No other account and no IRA may be pledged. If you pledge all or part of your account your pledge will be effective only up to the balance in the account at the time the Bank receives written notice of the pledge. The Bank requires all of the following before making a payment from an account to anyone to whom the account has been pledged:
1. Written notice of the pledge or security agreement;
2. The certificate of deposit, if applicable, and
3. A withdrawal slip signed by the depositor.
The Bank is not liable for any withdrawals made between the time the account is pledged and the time that written notice of it is received by the Bank.

Withdrawals: Unless clearly indicated to the contrary, anyone 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 the Bank receives 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.
We reserve the right to refuse any withdrawal or transfer request attempted by any method not specifically permitted which is greater in number than the frequency permitted, or which is for an amount less than any minimum withdrawal denomination. Even if we honor a non-conforming request, repeated abuse of the stated limitations (if any) may eventually force us to close your account. We will use the date a transaction is completed by us (as opposed to the date you initiate it) to apply the frequency limitations.
Withdrawals will first be made from collected funds, and we may, unless prohibited by law or our policy set forth in this brochure, refuse any withdrawal request against uncollected funds even if our general practice is to the contrary.
We reserve the right to at any time require at least (7) days' notice in writing before each withdrawal from an interest-bearing account other than time deposits.

Information on taxpayer identification numbers & backup withholding

Backup Withholding: The Internal Revenue Code (IRC) requires the Bank to withhold and pay to the Internal Revenue Service (IRS) 31% of payment of interest, dividends and certain other payments under certain conditions. This is called "backup withholding." If you give the Bank your correct Taxpayer Identification Number (TIN), certify your TIN when required, and report all your taxable interest and dividends on your tax return, your payments will not be subject to backup withholding.
Payments you receive from the Bank will be subject to backup withholding if:
1. You do not furnish and certify your TIN to the Bank, or
2. The IRS notifies the Bank that you furnished an incorrect TIN, or
3. You are notified by the IRS that you are subject to backup withholding because you failed to report all your interest on your tax return, or
4. You fail to certify to the Bank that you are not subject to backup withholding under (3) above.

Bank Signature Card: The Bank signature card is used to furnish the Bank with the TIN of the record owner of the account. Be sure to use your correct name. If you are an individual and your name has changed, for example, because of marriage, contact the Social Security Administration to report your new name.
To certify that the TIN is correct and that you are not subject to backup withholding, sign the Bank's signature card.
If you have more than one account with the Bank (for example, a savings account and a certificate of deposit account), the Bank will request a separate signature card with certification of your TIN.

Taxpayer Identification Number:
What Number to Give. Generally, the TIN is the Social Security Number or Employer Identification Number of the record owner of the account. If the account belongs to you as an individual, give your number. If the account is in more than one name or is not in the name of the actual owner, or if you do not know what number to give to the Bank, the Bank will provide guidelines for determining the proper identification number to give.
Obtaining a Number. If you don't have a TIN or you don't know your number, obtain an Application for a Social Security Card or an Application for an Employer Identification Number, at the local office of the Social Security Administration or the Internal Revenue Service, and apply for a number. When you get a number, submit it to the Bank as soon as possible.
It is the policy of the Bank not to open an account until a TIN is furnished and certified. If an exception is made, the Bank is required to withhold 36% of all interest payments, 31% Federal withholding and 5% State withholding, until the Bank receives a number from you. If you have applied for a number, you will be required to certify that you have applied. If by the 60th day after your account was opened, you have not furnished a TIN, the Bank has the right to close the account.

Exemptions From Backup Withholding: Under Internal Revenue Code, a variety of organizations, generally nonprofit groups organized for charitable or mutual benefit purposes, may gain exemption from income taxation. Exempt payees should furnish their TIN to the Bank to avoid possible erroneous backup withholding and write "exempt" on the face of the signature card.

Penalties for Violations: Failure to Furnish Taxpayer Identification Number. If you fail to furnish your TIN to the Bank, you are subject to an IRS penalty of $50.00 for each such failure unless your failure is due to reasonable cause and not to willful neglect.
Failure to Report Certain Interest Payments. If you fail to include any portion of an includable payment of interest in gross income, such failure will be treated as being due to negligence and may be subject to a penalty.
Civil Penalty for False Information With Respect to Withholding. If you make a false statement with no reasonable basis which results in no imposition of backup withholding, you are subject to an IRS penalty of $500.00.
Criminal Penalty for Falsifying Information. Falsifying certifications or affirmations may subject you to criminal penalties including fines and/or imprisonment.

Privacy Act Notice: IRC Section 6109 requires most recipients of interest to give TINs to the Bank, which must report the payments to the IRS. IRS uses the number whether or not recipients are required to file tax returns. Beginning January 1, 1993, the Bank must generally withhold 31% of taxable interest to a payee who does not furnish a TIN to the Bank. Certain penalties may also apply. The Bank must also withhold 5% of taxable interest for State of Maine Income Tax backup withholding.

Funds Availability

Our policy is to make funds from your deposits available to you immediately upon deposit. At that time you can withdraw the funds in cash or we will use the funds to pay checks that you have written.
For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and State and Federal Holidays. If you make a deposit in person before close of business on a business day that we are open we will consider that day the day of your deposit.
LONGER DELAYS MAY APPLY. We may not make all of the funds that you deposit by check immediately available to you, on a case by case basis. Depending on the type of check that you deposit, funds may not be available until the second business day after the day of deposit. However, the first $200.00 of your deposit will be available to you the same business day we receive your deposit.
If we are not going to make all of the funds from your deposit available immediately, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made directly to one of our employees, or if we decide to take this action after you have left the premises, we will mail you the notice no later than the day after we receive your deposit.
If you need the funds from a deposit right away you should ask us when the funds will be available.
In addition, funds you deposit by check may be delayed for a longer period under the following circumstances:
1. We received notice that the check is being returned unpaid.
2. We have confidential information which indicates the check may not be paid.
3. The check is drawn on an account with repeated overdrafts.
4. We are unable to verify the endorsement of joint payee.
5. Some information on the check is not consistent with other information on the check.
6. There are erasures or other apparent alterations on the check.
7. The routing number is not a current routing number.
8. The check is post-dated or has a stale date.
9. Information from the paying bank indicates that the check may not be paid.
10. We have been notified the check has been lost or damaged in collection.
11. We have a reasonable belief as to the impending insolvency of the drawer of the check or the drawer bank.
12. There is an emergency, such as failure of communications or computer equipment.
13. You have overdrawn your account repeatedly in the last six (6) months.
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. The funds will generally be available no later than the fifth 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 cashiers, certified, tellers, travelers, 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 the excess over $5,000.00 will be available on the fifth 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 fifth business day after the day of your deposit.

Truth in Savings Information

For Checking & Savings Accounts


TABLE OF CONTENTS

Consumer Checking Accounts
Basic Checking
eSafe Checking
Regular Checking
Personal NOW
eChecking NOW
Neighbor To Neighbor Workplace Banking eChecking NOW
Packard NOW
Health Savings NOW
Non-Consumer Checking Accounts
Interest on Lawyers' Trust (IOLTA)
Maine Association of Realtors
Affordable Housing Fund (MARF)
Easy Business Checking
Business NOW
Business eChecking
Commercial Checking
Neighbor To Neighbor Business Checking
Neighbor To Neighbor Non-Profit Checking
Savings Accounts
Statement Savings
Statement Savings IRA
Premium Statement Savings
Sneakers Savings
Regular Certificates of Deposit and Retirement Savings Accounts
3 Year Ladder CD
5 Year Ladder CD
5 Month Savers CD
No-Penalty CD
Opportunity CD
IRA: One Year Floating Certificate
Sneakers CD
Holiday or Club

Consumer Checking Accounts

A Consumer Includes:

Basic Checking Account 1
You must deposit at least $25.00 to open this account. There is no interest paid on this account. A monthly service charge of $2.00 will be imposed every monthly statement cycle. There is a $.50 service charge for every check processed after the first eight (8) every monthly statement cycle.

eSafe Checking Account 1
You must deposit at least $25.00 to open this account. There is no interest paid on this account. A monthly service charge of $2.00 will be imposed every monthly statement cycle. No paper checks with this account, two (2) free money orders per month - $3.00 per additional order. eStatements are required.

Regular Checking Account 1
You must deposit at least $100.00 to open this account. There is no interest paid on this account. A monthly service charge of $6.50 will be imposed every monthly statement cycle if the balance in the account falls below $300.00 or if the balance in a savings account, with you as primary owner, falls below $500.00 on any day of the month. There are no monthly service charges on this account for customers over the age of 55, or customers who have a first mortgage loan with Bath Savings Institution.

The rules put forth below govern the following deposit accounts: Personal NOW, eChecking NOW, Neighbor to Neighbor Workplace eChecking NOW, Packard NOW, and Health Savings NOW
Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account at any time. Interest begins to accrue on the business date you deposit cash and non-cash items (for example, checks). Interest will be compounded and credited to your account monthly on a 365/365 basis. If you close your account before interest is credited, you will receive the accrued interest. 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.

Personal NOW Account 1
You must deposit at least $100.00 to open this account. A monthly service charge of $6.50 will be imposed every monthly statement cycle if the balance in the account falls below $500.00 any day of the month. You must maintain a minimum balance of $1.00 in the account each day to obtain the disclosed annual percentage yield.

eChecking NOW Account 1
No minimum deposit required to open this account. There are no monthly service charges on this account. You must maintain a minimum balance of $500.00 in the account each day to obtain the disclosed annual percentage yield. The disclosed interest rate and annual percentage yield will be paid only for that portion of your daily balance that is greater than $500.00. To open this account you must agree to recieve eStatements through Online Banking.

Neighbor to Neighbor Workplace Banking eChecking NOW Account 1
No minimum deposit to open this account. There are no monthly service charges on this account. You must maintain a minimum balance of $500.00 in the account each day to obtain the disclosed annual percentage yield. The disclosed interest rate and annual percentage yield will be paid only for the portion of your daily balance that is greater than $500.00. There are no monthly service charges on this account. You must be employed by a qualifying commercial customer of Bath Savings Institution in order to qualify for this account. You must have a Workplace Banking checking account in order to qualify for other benefits offered under the Workplace Banking program. To open this account you must agree to receive eStatements through Online Banking. You must be employed by a qualifying commercial customer of Bath Savings Institution in order to qualify for this account. You must have a Workplace Banking checking account in order to qualify for other Benefits offered under the Workplace Banking program.

Packard NOW Account 1
You will receive a Neighbor to Neighbor gift certificate worth $10.00 for opening this account. You must deposit at least $100.00 to open this account. A monthly service charge of $15.00 will be imposed every monthly statement cycle if the combined balance in the checking account and companion deposit account(s) falls below $10,000.00 on any day of the month or you do not maintain a Bath Savings Trust Company relationship. You must maintain a minimum balance of $1.00 in the account each day to obtain the disclosed annual percentage yield.

Health Savings NOW Account
You must deposit at least $100.00 to open this account. You must maintain a minimum balance of $1.00 in the account each day to obtain the disclosed annual percentage yield. You must be covered by a High Deductible Health Plan (HDHP) to be eligible for this account.

Variable Market Rate Account
You must deposit at least $2,500.00 to open this account. A monthly service charge of $6.50 will be imposed every monthly statement cycle if the balance in the account falls below $2,500.00 on any day of the month. You must maintain a minimum balance of $1.00 in the account each day to obtain the disclosed annual percentage yield. You may make six (6) transfers from your account every monthly statement cycle. A charge of $2.00 per debit will be imposed for each debit transaction over six (6).

1  This consumer checking accounts receives a $10.00 Neighbor to Neighbor Gift Certificate. Offer limited to one per new account. $100.00 minimum deposit required for gift.

NON-CONSUMER CHECKING ACCOUNTS

A Non-Consumer Includes:

The rules put forth below govern the following deposit accounts: Interest on Lawyers' Trust, Maine Association of Realtors® Affordable Housing Fund and Business NOW Account.
Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account at any time. Interest begins to accrue on the business date you deposit cash and non-cash items (for example, checks). Interest will be compounded and credited to your account monthly on a 365/365 basis. If you close your account before interest is credited, you will receive the accrued interest. 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. You must deposit at least $100.00 to open this account. You must maintain a minimum balance of $1.00 in the account each day to obtain the disclosed annual percentage yield.

Interest on Lawyers' Trust Account (IOLTA)
Interest on this account will be paid to the Maine Bar Association.

Maine Association of Realtors Affordable Housing Fund (MARF)
Interest on this account will be paid to the Maine Association of Realtors Fund.

Easy Business Checking Account
You must deposit at least $25.00 to open this account. No minimum balance. No monthly service charges. There is a $.50 service charge per check processed or item deposited after the first 100 every monthly statement cycle.

Business NOW Account
You must deposit at least $100.00 to open this account. A monthly service charge of $7.00 will be imposed every monthly statement cycle. There is a $.15 service charge for every check processed and a $.10 service charge for every item deposited.

Business eChecking Account
You must deposit at least $25.00 to open this account. No minimum balance. No monthly service charges. To open this account, you must agree to receive statements electronically through Business Online Banking $.50 per check written after the first 50.

Commercial Checking Account
You must deposit at least $100.00 to open this account. A monthly service charge of $7.00 will be imposed every monthly statement cycle. There is a $.15 service charge for every check processed and a $.10 service charge for every item deposited. The variable rate earnings credit is used to offset service charges, up to the full amount of the service charge. This is not a method of calculating interest. The variable rate earnings credit is calculated using the average collected balance, less a required reserve. There is no interest paid on this account.

Neighbor to Neighbor Business Checking Account
You must deposit at least $100.00 to open this account. This is a non-interest bearing account for business customers with moderate check writing needs. A monthly service charge of $12.00 will be imposed every monthly statement cycle if the balance in the account falls below $5,000.00 on any day of the month. There is a $.20 service charge for every check processed after the first 100 and a $.20 service charge for every item deposited after the first 100 every monthly statement cycle. There is no interest paid on this account.

Neighbor to Neighbor Non-Profit Checking Account
You must deposit at least $100.00 to open this account. This is a business checking account available only to non-profit organizations. There is a $.15 service charge for every check processed after the first 100 every monthly statement cycle. The variable rate earnings credit is used to offset service charges, up to the full amount of the service charge. This is not a method of calculating interest. The variable rate earnings credit is calculated using the average collected balance, less a required reserve. There is no interest paid on this account.

Savings Accounts

The rules put forth below govern the following deposit accounts: Statement Savings, Statement Savings IRA, Premium Statement Savings and Sneakers Savings Accounts.
You may make six (6) transfers to another account or to third parties by pre-authorized automatic, Telephone Banking or Online Banking transfers per statement cycle. Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account at any time. Interest begins to accrue on the business date you deposit cash and non-cash items (for example, checks). Interest will be compounded and credited to your account monthly on a 365/365 basis. If you close your account before interest is credited, you will receive the accrued interest. 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.

Statement Savings Account 2
You must deposit at least $5.00 to open this account. There is a $10.00 fee if you close this account within 90 days. You must maintain a minimum balance of $5.00 in the account each day to obtain the disclosed annual percentage yield.

Statement Savings IRA
You must deposit at least $5.00 to open this account. There is a $10.00 fee if you close this account within 90 days. You must maintain a minimum balance of $1.00 in the account each day to obtain the disclosed annual percentage yield.

Premium Statement Savings Account 2
You must deposit at least $2,500.00 to open this account. There is a $10.00 fee if you close this account within 90 days. A monthly service charge of $6.00 will be imposed every monthly statement cycle if the balance in the account falls below $2,500.00 on any day of the month. For balances less than $2,500.00, you must maintain a minimum balance of $1.00 in the account each day to obtain the disclosed annual percentage yield. For balances of $2,500.00 or more, you must maintain a minimum balance of $2,500.00 in the account each day to obtain the disclosed annual percentage yield.

Sneakers Savings Accounts 3
Only minors (under 18) are eligible for this account. You must deposit at least $1.00 to open this account. You must maintain a minimum balance of $1.00 in the account each day to obtain the disclosed annual percentage yield.

2  This personal savings account receives a $10.00 Neighbor to Neighbor Gift Certificate. Offer limited to one per new account $100.00 minimum deposit required for gift.

3  This personal savings account receives a $5.00 Neighbor to Neighbor Gift Cerfiticate. Offer limited to one per new account. $100.00 minimum deposit required for gift.

REGULAR CERTIFICATES OF DEPOSIT AND RETIREMENT SAVINGS ACCOUNTS

You must deposit at least $500.00 to open this account. The interest rate, unless otherwise noted, is a fixed rate and we will pay you this rate until your account matures, at which point your rate may change. Interest will be compounded monthly and credited monthly. The annual percentage yield assumes that interest remains on deposit until maturity. A withdrawal of interest will reduce earnings. If you close your account before interest is credited, you will receive the accrued interest. You must maintain a minimum balance of $1.00 (unless otherwise noted) in the account each day to obtain the annual percentage yield. 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. Interest begins to accrue on the business day you deposit funds to your account. You can withdraw interest once the account has been opened for seven (7) days. You may only make deposits into your account at maturity and the seven (7) calendar days immediately following your maturity date. This account will automatically renew at maturity. You will have seven (7) days after the maturity date to withdraw funds without a penalty or change the term of your account. If any of the deposit is withdrawn before the maturity date, a penalty as shown below will be imposed:

Term

Early Withdrawal Penalty

91 day CD

90 days interest

5 Month Savers CD

90 days interest

6 Month CD

90 days interest

1 Year CD

90 days interest

1 Year Floating IRA CD

90 days interest

15 Month Opportunity CD

180 days interest

18 Month CD

180 days interest

2 Year CD

180 days interest

30 Month Opportunity CD

180 days interest

3 Year CD

180 days interest

3.5 Year CD

180 days interest

4 Year CD

180 days interest

54 Month Opportunity CD

180 days interest

5 Year CD

180 days interest

5.5 Year CD 4

180 days interest

5.75 Year CD 4

180 days interest

4  At maturity, renewal term will be five years.

The rules put forth below govern the following deposit accounts: Regular Certificates of Deposit, No-Penalty Certificates of Deposit, Opportunity Certificates of Deposit, Individual Retirement Accounts (IRA), and Sneakers Certificates of Deposit.

The interest rate for your account will be paid until the maturity date of your certificate. Interest begins to accrue on the business date you deposit cash and non-cash items (for example, checks). Interest will be compounded and credited to your account monthly on a 365/365 basis. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. After your account is opened, you may not make deposits into or withdrawals from your account until the maturity date. You will have seven (7) calendar days after the maturity date to withdraw your funds without being charged a penalty. If any of the deposit is withdrawn before the maturity date, a penalty will be imposed, with the exception of the No-Penalty CD. If your account has not earned enough interest or if the interest has been paid, we will take the difference from the principal amount of your account.

3 Year Ladder CD
You must initially open a 1 year CD, 2 year CD, and 3 year CD. Minimum deposit for each account is $500. All terms and conditions for our Regular Certificates of Deposit listed in this brochure apply. When your 1 year and 2 year Certificates of Deposit mature, each will automatically renew into a 3 year CD at the then current rate and APY for our 3 Year Certificate and subsequent automatic renewals will be for our 3 year term.

5 Year Ladder CD
You must initially open a 1 year CD, 2 year CD, 3 year CD, 4 year CD and 5 year CD. Minimum deposit for each account is $500. All terms and conditions for our Regular Certificates of Deposit listed in this brochure apply. When your 1 year, 2 year, 3 year and 4 year Certificates of Deposit mature, each will automatically renew into a 5 year CD at the then current rate and APY for our 5 Year CD, and subsequent automatic renewals will be for our 5 year term.

5 Month Savers CD
You must deposit at least $100.00 to open this account. You may make unlimited deposits into this account.

No-Penalty CD
You must deposit at least $500.00 to open this account. A penalty of seven (7) days interest is assessed on all accounts closed prior to seven (7) days. No penalty is assessed on accounts closed after seven (7) days. After the first seven (7) days, at any time during the remaining term of the CD two (2) partial withdrawals are permitted without penalty and without closing the account.

Opportunity CD
You must deposit at least $500.00 to open this account. The interest rate and annual percentage yield may change as follows: You may opt to change the interest rate and resulting annual percentage yield on this account one time during the term of your certificate by notifying us in writing that you would like to change your rate. We will change your rate to the rate and annual percentage yield then being offered on the same term certificate on the day we receive your written request. You will have this opportunity to change your rate once each time your certificate matures and renews. All other terms and conditions for our Regular Certificates of Deposit listed in this disclosure apply.

IRA: One Year Floating Certificate
You must deposit at least $100.00 to open this account. We may change the interest rate on this account on the first Friday of every month. You may make a contribution to this IRA during the term of the Certificate of Deposit. All other terms and conditions for our Regular Certificates of Deposit listed in this disclosure apply.

Sneakers CD 5
Only minors (under 18) are eligible for this account. You must deposit at least $100.00 to open this account. You may make unlimited deposits into this account. All other terms and conditions for our Regular Certificates of Deposit listed in this disclosure apply.

5  This certificate of deposit receives a $5.00 Neighbor to Neighbor gift certificate. Offer limited to one per new account. $100.00 minimum deposit required for gift.

Holiday or Club Account
You must deposit at least $5.00 to open this account. The interest rate for your account will be paid until the maturity date of your CD on October 12. Interest begins to accrue on the business date you deposit cash and non-cash items (for example, checks). Simple interest is calculated on a 365/365 day basis and paid on the payment date. If you close your account before interest is credited, you will not receive the accrued interest. After your account is opened, you may make deposits into your account until the maturity date. A partial withdrawal is not permitted, and any early withdrawal will result in closing the account. Your account will not automatically renew at maturity.

These are the accounts you have opened or inquired about. Additional disclosures for your accounts are included separately. Thank you for inquiring into our deposit products. If you have any questions regarding any account we offer, please feel free to see or call us at any time. We look forward to serving all of your banking needs.

Service Fee Schedule

Service Fees

ATM/Debit Card Fees

 

Bath Savings ATM

no charge

 

All Others

$1 per transaction

 

Purchases

no charge

 

Card Replacement

$5

 

Certified Check

$15

 

Collection

$10 per item

 

Early Account Closure
(within 90 days)

$10

 

Electronic Banking Services

 

Telephone Banking

no charge

 

Personal BSI Online Banking

no charge

 

Personal BSI Online BillPay

$5 per month

 

Packard Account BillPay

no charge

 

Personal eChecking BillPay

no charge

 

Personal eSafe BillPay

no charge

 

Business Online

no charge

 

Business BillPay

$5 per month 6

 

Business eChecking BillPay

no charge

 

Non-Profit Checking BillPay

no charge

 

ACH Transactions

$6.00 per file and $.08 per item

 

Foreign

 

Checks Cashed/Deposited

$6 + exchange

 

Currency Exchange

$12 minimum + shipping

 

Drafts Purchased

$10

 

Overnight Delivery

$15

 

Collections

$50 + drawee bank charges

 

Legal Processing

 

Writs, Summons, Levies, etc.

$25

 

Loose Coin Verification

 

Non-customer

8% of total coin

 

Money Order/Treasurer's Check

 

(Customer only, with savings deposit/withdrawal)

 

First

no charge

 

Subsequent

$3

 

Night Deposit Bag Replacement

$10

 

Non-customer Check Cashed

$5

 

Non-standard Item Surcharge

 

(Not meeting MICR standards)

$.40 per item

 

Overdrafts

 

(by check or in person withdrawal)

 

Checking or Savings

$25 per item

 

Partial Release of Mortgage

 

Processing Fee

$200

 

Reconcilement

$15 per hour

 

Replace Lost Passbook

$10

 

Research

$15 per hour

 

Returned Deposit Items

$5 per item

 

Safe Deposit Boxes

 

(cost based on size)

 

Box Key Replacement

$20

 

Box Drilling

cost + $25

 

Signature Guarantee

$5

 

Packard Account Customer

no charge

 

Special Request Statement

$5

 

Stop Payment

$18

 

Traveler's Cheques

1% for US dollars

 

Traveler's Cheques for Two

1.5%

 

Wire Transfer

 

Outgoing

$15

 

Incoming, Non-customer

$20

 

Incoming Customer

no charge

 

Foreign

$50

 

6 Free with eStatements (per item charges still apply)

 

If you have a dispute with your financial institution regarding your deposit account, contact the financial institution's consumer complaint representative or department and attempt to resolve the problem directly with the financial institution. If the financial institution fails to solve the problem, write a letter detailing the problem and the resolution you are seeking to: Consumer Outreach Program, Bureau of Financial Institutions, 36 State House Station, Augusta, ME 04333. The Bureau of Financial Institutions will acknowledge receipt of your complaint promptly and investigate your claim. You will be informed of the results of the investigation. http://www.maine.gov/pfr/financialinstitutions/complaint.htm

Additional Information

If you have additional questions, please call Bath Savings Institution at (800) 447-4559.