Lincoln National Bank

Certificates of Deposits (CD) & Individual Retirement Accounts (IRA)
Regular Terms Offered	3 month (91 days) 6 month (182 days) 12 month	18 month 24 month 30 month	36 month 48 month 60 month
Rate Information	Rate is locked for term of the CD or IRA with the exception of the 18 Mo. Variable IRASee IRA Rate Info. Please ask for current rates. The Annual Percentage Yield (APY) assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
Balance Computation Method	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 no later than the business day we receive credit for the deposit of non-cash items (example: checks).
Compounding and Crediting	Interest will be compounded and credited as set up with account (Options Vary by account: Quarterly / semi-annually / Annually / At Maturity).
Renewal Policy	This certificate of deposit automatically renews at the best available rate of interest as posted at The Lincoln National Bank for similarly issued certificates of like term on the maturity date of your certificate. You have a grace period of ten (10) calendar days after the maturity date to withdraw the funds without being charged a penalty.
Effect of Closing an Account	If you close the account after the grace period or prior to the maturity date, you will receive accrued interest; however, applicable early withdrawal penalties may apply.
Certificates of Deposit
Balance Information	$500.00 minimum deposit to open certificate of deposit (CD). You must maintain a minimum balance of $500.00 to obtain the disclosed annual percentage yield (APY).
Transaction Limitations	After the account is opened, you may not make deposits or withdrawals from the account until the maturity date.
Early Withdrawal Penalty	We will impose a penalty if you withdraw any of the principal before the maturity date. The fee imposed will equal 91days of interest for a CD with a term of 12 months or less. The fee imposed will equal half (½)of the applicable term of interest for a CD with a term of greater than 12 months. (Ex: Term/Penalty: 13mo term /6.5mo penalty; 18mo term /9mo penalty; 24mo term /12mo penalty; 30mo term /15mo penalty; 35mo term / 17.5mo penalty; 36mo term /18mo penalty; 48mo term /24mo penalty and 60mo term /30mo penalty)
Individual Retirement Account (IRA)
Balance Information	$100.00 minimum required to open 1 Year Monthly Deposit IRA. Deposits may be made weekly, monthly or semi-annually OR $500.00 minimum deposit to open all other IRA’s. You must maintain a minimum balance of $500.00 to obtain the disclosed annual percentage yield (APY).
Variable Rate Information	18 month variable rate IRA. Your rate may change at our discretion. You may make deposits during the term into your account. The withdrawal penalty will be based on the current rate. The Annual Percentage Yield (APY) assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. ask for current rates.
Early Withdrawal Penalty	We will impose a penalty if you withdraw any of the principal before the maturity date. The fee imposed will equal 91days of interest for a CD with a term of 12 months or less. The fee imposed will equal half (½)of the applicable term of interest for a CD with a term of greater than 12 months. (Ex: Term/Penalty: 13mo term /6.5mo penalty; 18mo term /9mo penalty; 24mo term /12mo penalty; 30mo term /15mo penalty; 35mo term / 17.5mo penalty; 36mo term /18mo penalty; 48mo term /24mo penalty and 60mo term /30mo penalty)
Additional Information Regarding Penalty’s	Age Under 59 ½ - In addition to the Early Withdrawal Penalty; IRS may impose a 10% penalty. Age 70 ½ or older have Required Minimum Distributions without penalty. Other age requirements may apply.