Payable on Death (POD) Account (Subject to this Form).

A beneficiary acquires the right to withdraw only if (1) the person

creating the account dies, and (2) the beneficiary is then living. The

person creating this account type reserves the right to: (1) change

beneficiaries; (2) change account types; and (3) withdraw all or any part

of the deposit at any time. This agreement is governed by North Carolina

General Statutes §53C-6-7.

You must notify us in writing before, or within a day grace

period after the maturity date if you do not want this account to

automatically renew.

Trust Account Subject to Separate Agreement.

We will abide by the

terms of any separate agreement which clearly pertains to this account

and which you file with us. Any additional consistent terms stated on this

form will also apply.

Set-Off.

You each agree that we may (without prior notice and when

permitted by law) set off the funds in this account against any due and

payable debt owed to us now or in the future, by any of you having the

right of withdrawal, to the extent of such person' s or legal entity's right to

withdraw. If the debt arises from a note, "any due and payable debt"

includes the total amount of which we are entitled to demand payment

under the terms of the note at the time we set off, including any balance

the due date for which we properly accelerate under the note. This right

of set-off does not apply to this account if: (a) it is an Individual

Retirement Account or other tax-deferred retirement account, or (b) the

debt is created by a consumer credit transaction under a credit card plan,

or (c) the debtor's right of withdrawal arises only in a representative

capacity. You agree to hold us harmless from any claim arising as a result

of our exercise of our right of set-off.

Balance Computation Method.

We use the daily balance method to

calculate the interest on this account. This method applies a daily periodic

rate to the principal in the account each day.

Transaction Limitations.

You cannot make additional deposits to this

account during a term (other than credited interest). You cannot withdraw

principal from this account without our consent except on or after

maturity. (For accounts that automatically renew, there is a grace period

after each renewal date during which withdrawals are permitted without

penalty.)

In certain circumstances, such as the death or incompetence of an account

owner, the law permits, or in some cases requires, the waiver of the early

withdrawal penalty. Other exceptions may also apply, for example, if this

is part of an IRA or other tax-deferred savings plan.

For Accounts that Automatically Renew.

Each renewal term will be

, beginning on the maturity date

(unless we notify you, in writing, before a maturity date, of a different

term for renewal).

Interest earned during one term that is not withdrawn during or

immediately after that term is added to principal for the renewal term.

The rate for each renewal term will be determined by us on or just before

the renewal date. You may call us on or shortly before the maturity date

and we can tell you what the interest rate will be for the next renewal

term. On accounts with terms of longer than one month we will remind

you in advance of the renewal and tell you when the rate will be known

for the renewal period.

e your plan disclosure if this account is part of an IRA or Keogh.

3/25/2020 Page 1 of 1

original term

Additional Terms and Conditions - North Carolina

Definitions.

As used in these Terms and Conditions on page 2,

"we,"

"our,"

and

"us"

mean the issuer of this account and

"you"

and

"your"

mean the depositor(s).

"Account"

means the original certificate of deposit

as well as the deposit it evidences.

Transfer.

"Transfer"

means any change in ownership, withdrawal

rights, or survivorship rights, including (but not limited to) any pledge or

assignment of this account as collateral. You cannot transfer this account

without our written consent.

Primary Agreement.

You agree to keep your funds with us in this

account until the maturity date. (An automatically renewable account

matures at regular intervals.) You may not transfer this account without first

obtaining our written consent.

This account is void if the deposit is made by any method requiring

collection (such as a check) and the deposit is not immediately collected

in full. If the deposit is made or payable in a foreign currency, the amount

of the deposit will be adjusted to reflect final exchange into U.S. dollars.

We may change any term of this agreement. Rules governing changes in

interest rates have been provided. For other changes we will give you

reasonable notice in writing or by any other method permitted by law.

If any notice is necessary, you all agree that the notice will be sufficient if

we mail it to the address you provided in your application. You must notify

us of any change.

Withdrawals and Transfers.

Only those of you who sign the Terms and

Conditions of Your Account may withdraw funds from this account. (In

appropriate cases, a court appointed representative, a beneficiary of a trust

or pay-on-death account whose right of withdrawal has matured, or a

newly appointed and authorized representative of a legal entity may also

withdraw from this account.) Unless otherwise specified in writing, only

one endorsement is required to withdraw funds from this account.

These same rules apply to define the names and the number of you who

can request our consent to a transfer.

Pledges.

Any pledge of this account (to which we have agreed), must

first be satisfied before the rights of any joint account survivor,

pay-on-death beneficiary or trust account beneficiary become effective. For

example, if one joint tenant pledges the account for payment of a debt and

then dies, the surviving joint tenant' s rights in this account are subject first

to the payment of the debt.

Account Ownership.

You intend these rules to apply to this account

depending on the form of ownership and beneficiary designation, if any.

We make no representations as to the appropriateness or effect of the

ownership and beneficiary designations, except as they determine to

whom we pay the account funds.

Individual Account.

Such an account is owned by one person.

Joint Account - With Survivorship.

Such an account is issued in the

name of two or more persons. Each of you intends that regardless of

whose funds are deposited in the account, upon your death the balance in

the account (subject to any previous pledge to which we have consented)

will belong to the survivor(s). If two or more of you survive, you will

own the balance in the account as joint tenants with survivorship until you

inform us of a change in ownership or close this account. This agreement

is governed by North Carolina General Statutes §53C-6-6.

Joint Account - No Survivorship.

Such an account is issued to two or

more persons but none of you intends (merely by opening this account) to

create any right of survivorship in any other person. We encourage you to

agree and tell us in writing of the percentage of the deposit contributed by

each of you. This information will not, however, affect the "number of

endorsements" necessary for withdrawal.

Wolters Kluwer F rvices

2015in

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Certificate of Deposit-NC

Bankers Systems