PRODUCT INFORMATION

Consumer Accounts

CHECKING ACCOUNTS

Absolutely Positively Totally Free Checking

Absolutely Positively Totally Free Checking is just that and more. There are no monthly maintenance fees, no per check charges and no minimum balance required after the account is opened. Direct Deposit is required. *

You will also enjoy the following benefits with the Absolutely Positively Totally Free Checking account.

Free Online Banking
Free Bill Pay Service
Free Bank by Phone Service
Free Carrollton Bank Visa™ Check Card
Free Use of all Carrollton Bank owned ATM's
First four (4) ** Non-Carrollton Bank ATM Transactions Free each statement cycle (See the CheckCard fees listed on the Special Handling Charges fee schedule for fees that apply after the first four free Non-Carrollton Bank ATM transactions each statement cycle)

*Account may be closed or transferred to another type of account if direct deposit is not received

**(The ATM owner/operator or network(s) may charge fees)

Classic Checking

Classic Checking is a no fuss, low cost checking account. There are no per check charges and a minimal fee when the minimum daily balance is not maintained.

A $5.00 monthly maintenance fee will be assessed each statement cycle in which the required minimum daily balance is not maintained.

The $5.00 monthly maintenance fee will not be assessed and the minimum balance requirement does not apply if the account is opened as the 2nd checking account in conjunction with either the Camden or Carroll Relationship Checking account program.

Direct Deposit Checking

With Direct Deposit Checking there is no minimum balance requirement. No monthly maintenance fee is assessed as long as there is a direct deposit into the account each month. If a direct deposit is not made into the account, a $5.00 monthly maintenance fee will be assessed.

Silver Plus Checking

For individuals 50 and over, Silver Plus Checking is a checking account that pays interest. This is a variable rate account. At the Bank's discretion, the interest rate and annual percentage yield may change daily. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks). Interest is compounded monthly and paid monthly.

The DAILY BALANCE method is used to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day.

The Silver Plus Checking account offers tiered rates of interest so the more you keep in your account, the more interest you may earn. As long as your daily balance falls within a given range, you will earn the corresponding interest rate on your entire account balance.

A $5.00 monthly maintenance fee will be assessed each statement cycle in which the required minimum daily balance is not maintained. Fees may reduce earnings.

Super Checking

Super Checking is a checking account that pays interest. This is a variable rate account. At the Bank's discretion, the interest rate and annual percentage yield may change daily. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks). Interest is compounded monthly and paid monthly.

The DAILY BALANCE method is used to calculate interest on your account.
This method applies a daily periodic rate to the principal in the account each day.

The Super Checking account offers tiered rates of interest so the more you keep in your account, the more interest you may earn. As long as your daily balance falls within a given range, you will earn the corresponding interest rate on your entire account balance.

A $10.00 monthly maintenance fee will be assessed each statement cycle in which the required minimum daily balance is not maintained. Fees may reduce earnings.

SAVINGS AND MONEY MARKET ACCOUNTS

Classic Money Market

Classic Money Market is a savings account but, with more flexibility. This account has limited check writing privileges. Classic Money Market is a variable rate account. At the Bank's discretion, the interest rate and annual percentage yield may change daily. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks). The minimum balance to earn interest is $2,500.00. Interest is compounded monthly and paid monthly.

The DAILY BALANCE method is used to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day.

The Classic Money Market account offers tiered rates of interest so the more you keep in your account, the more interest you may earn. As long as your daily balance falls within a given range, you will earn the corresponding interest rate on your entire account balance.

A $10.00 monthly maintenance fee will be assessed each statement cycle in which the required minimum daily balance is not maintained.

There is a $5.00 debit activity charge assessed for each check paid in excess of three (3) per month and, for each withdrawal/debit in excess of six (6) per month.

The $10.00 monthly maintenance fee will not be assessed and the minimum daily balance requirement does not apply on one Classic Money Market account included as the primary savings account in a Relationship Checking Program. However, excess debit activity charges will apply and the minimum balance to earn interest is $2,500.00.

Fees may reduce earnings.

Classic Savings

Classic Savings is a variable rate account. At the Bank's discretion, the interest rate and annual percentage yield may change daily. Interest is earned from the day of deposit to the day of withdrawal. Interest is compounded monthly and paid monthly.

The DAILY BALANCE method is used to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day.

A $3.00 monthly maintenance fee will be assessed each month in which the required minimum daily balance is not maintained.

The $3.00 monthly maintenance fee will not be assessed, and the minimum daily balance requirement does not apply on one Classic savings account included as the primary savings account in a Relationship Checking Program. However, excess debit activity charges will apply.

There is a $1. 00 debit activity charge for withdrawals/debits in excess of three per month.

Fees may reduce earnings.

Harford Money Market

Harford Money Market is a savings account but, with more flexibility. This account has limited check writing privileges. At the Bank's discretion, the interest rate and annual percentage yield may change daily. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks). The minimum balance to earn interest is $25,000.00. Interest is compounded monthly and paid monthly.

The DAILY BALANCE method is used to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day.

A $10.00 monthly maintenance fee will be assessed each statement cycle in which the required $25,000.00 minimum daily balance is not maintained.

There is a $5.00 debit activity charge assessed for each check paid in excess of three (3) per month and, for a combination of checks, debits and transfers in excess of six (6) per month.

Fees may reduce earnings.

NOTE: You may make unlimited withdrawals from your savings or money market account in person however, Federal Banking Regulations limit you to six (6) pre-authorized or telephone transfers per calendar month (only three (3) of which may be by check to third parties). Pre-authorized or telephone transfers include ACH debits, transfers made through our telephone voice response system and transfers made through Internet Banking. If you regularly exceed the regulatory limits, the Bank may reassign your savings or money market account to a checking account.

CERTIFICATES OF DEPOSIT

PREMIER INCOME CERTIFICATE and PREMIER GROWTH CERTIFICATE

The interest rate and annual percentage yield on the Premier Income and Premier Growth Certificates is fixed until the initial maturity date of the certificate. The interest rate for the account is established at the discretion of the Bank based on economic conditions and is subject to change at the beginning of each renewal term.

The minimum deposit required to open a Premier Income Certificate is $5,000.00.
The minimum deposit required to open a Premier Growth Certificate is $500.00.

Terms range from 28 days to 60 months

Additional deposits are only allowed at maturity during the grace period.

PREMIER TREASURY CERTIFICATE

The interest rate and annual percentage yield on the Premier Treasury Certificate is variable and may change daily. The interest rate is based on the 90 day U.S. Treasury Bill index.

The minimum deposit required to open a Premier Treasury Certificate is $500.00. The Premier Treasury Certificate is only available for a twelve (12) month term. Additional deposits of $100.00 or more may be added to the account at any time, without affecting the maturity date.

IRA PREMIER GROWTH CERTIFICATE

The interest rate and annual percentage yield on the IRA Premier Growth Certificates is fixed until the initial maturity date of the certificate. The interest rate for the account is established at the discretion of the Bank based on economic conditions and is subject to change at the beginning of each renewal term.

The minimum deposit required to open a Premier Growth Certificate is $500.00.

Terms range from 12 months to 60 months

IRA PREMIER TREASURY CERTIFICATE

The interest rate and annual percentage yield on the IRA Premier Treasury Certificate is variable and may change daily. The interest rate is based on the 90 day U.S. Treasury Bill index.

The minimum deposit required to open a IRA Premier Treasury Certificate is $100.00. The IRA Premier Treasury Certificate is only available for a twelve (12) month term. Additional deposits of $25.00 or more may be added to the account at any time, without affecting the maturity date.

SPECIAL CONVERSION CERTIFICATES

Available for money new to Carrollton Bank

The interest rate and annual percentage yield on the Special Conversion Income and Special Conversion Growth Certificates is fixed until the initial maturity date of the certificate. The interest rate for the account is established at the discretion of the Bank based on economic conditions and is subject to change at the beginning of each renewal term.

The minimum deposit required to open a Special Conversion Income Certificate is $5,000.00.
The minimum deposit required to open a Special Conversion Growth Certificate is $500.00.

Terms range from four (4) months to 25 months.

Additional deposits are only allowed at maturity during the grace period.

EARLY WITHDRAWAL PENALTY: The Bank may impose a penalty if you redeem your certificate prior to its maturity. The penalties are one (1) months' interest for Certificates with terms of one year or less or three (3) months' interest for certificates with terms of more than one year. A penalty will result in a reduction of principal, if the accrued interest is not sufficient to cover the penalty. The penalty will not be assessed in the case of the death or judiciously declared mental incompetence of any owner.

The ANNUAL PERCENTAGE YIELD assumes that all interest earned remains on deposit until maturity. Withdrawals will reduce earnings.

Interest is compounded monthly and credited monthly.

RELATIONSHIP BANKING

Calvert Checking Program

With Calvert Checking it is easy to avoid paying a monthly maintenance charge and, there are no per check charges.

Minimum Deposit to Open the Account

There is a minimum deposit of $50.00 required to open the account

Minimum Daily Balance Required to Avoid Imposition of Monthly Maintenance Fee

Combined minimum daily DEPOSIT balances in Checking, Savings, Money Market and/or Non-IRA Certificate of Deposit accounts and Outstanding LOAN* balances of $5,000.00

A $10.00 monthly maintenance fee will be assessed against the primary Checking account if the minimum daily deposit and loan balances are not maintained.

*Includes consumer installment loans and, consumer secured or unsecured lines of credit (except overdraft lines of credit). Mortgage loans are not included.

Camden Checking Program

Camden Checking is a variable rate account. At the Bank's discretion, the interest rate and annual percentage yield may change daily. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks). Interest is compounded monthly and credited to your account monthly.

Camden Checking offers tiered rates of interest. As long as your daily balance falls within a given range, you will earn the corresponding interest rate on your entire account balance.

The daily-balance method is used to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Minimum Deposit to Open the Account

There is a minimum deposit of $50.00 required to open the account.

Minimum Daily Balance Required to Avoid Imposition of Monthly Maintenance Fee

Combined minimum daily DEPOSIT balances in Checking, Savings, Money Market and/or Non-IRA Certificate of Deposit accounts and Outstanding LOAN* balances of $12,000.00

**See Special Handling Charges Fee Schedule for other fees that may apply