FIRST STATE BANK OFFICES AT WABASHA AND KELLOGG Wabasha 111 West Main Street 651-565-3331 Kellogg 350 E. Belvidere Ave. 507-767-4951 TeleBanc: 651-565-3701      Fax: 651-565-2402 Toll Free: 800-626-3697 CERTIFICATES OF DEPOSIT 6 MONTH CERTIFICATE 12 MONTH CERTIFICATE Minimum Balance: $1,000.00 Interest Rate: Posted on Bank's Rate Board Annual Percentage Yield: Posted on Bank's Rate Board Interest Rate is determined by the Bank's Board of Directors and changed at their discretion. Not available with a variable rate. Penalty of 3 months of interest is assessed for early withdrawal. There is a 10 day "Grace Period" after their certificate has automatically renewed to cash in their certificate without a penalty. 24 MONTH CERTIFICATE 30 MONTH CERTIFICATE 36 MONTH CERTIFICATE 60 MONTH CERTIFICATE Minimum Balance: $1,000.00 Interest Rate: Posted on Bank's Rate Board Annual Percentage Yield: Posted on Bank's Rate Board Interest Rate is determined by the Bank's Board of Directors and changed at their discretion. Not available with a variable rate. Penalty of 6 months of interest is assessed for early withdrawal. There is a 10 day "Grace Period" after their certificate has automatically renewed to cash in their certificate without a penalty. INDIVIDUAL RETIREMENT ACCOUNTS 30 DAY VARIABLE CERTIFICATE 24 MONTH FIXED RATE CERTIFICATE 60 MONTH FIXED RATE CERTIFICATE Interest Rate is determined by the Bank's Board of Directors and changed at their discretion. All Funds are kept on deposit at First State Bank of Wabasha. Rates are re-set to reflect the current rate paid on IRA accounts on the anniversary date of each certificate.