RULES AND REGULATIONS: The following rules apply to our Three Year Callable Certificate of Deposit (Three Year Callable CD). Except as changed by these special rules, the normal Certificate Disclosure Terms and Conditions will apply to Standard Bank's Three Year Callable CD.

MINIMUM AND MAXIMUM DEPOSIT: You must deposit at least $25,000 to open a Three Year Callable CD. The maximum that you may have on deposit with us in Callable CD's at any one time is $250,000.

"CALL FEATURE": Your Three Year Callable CD is scheduled to mature at its stated maturity date. However, we may, at our discretion, "call" (i.e., redeem or cancel) your Three Year Callable CD before its stated maturity date by sending you a notice at least 20 days before the call date. The earliest possible call date is the one year anniversary of your Three Year Callable CD; subsequent possible call dates occur at six month intervals following the anniversary date. For example, if your Three Year Callable CD was issued on December 1, 1999, then the first possible call date is December 1, 2000, and subsequent possible call dates are June 1, 2001, and December 1, 2001, and June 1, 2002.
If we call your Three Year Callable CD, it will automatically renew into our normal 12-Month Certificate of Deposit on the call date. You may withdraw your funds without penalty up to ten calendar days after the call date.
You do not have the right to call your Three Year Callable CD before its stated maturity date. Any early withdrawals that you make will be subject to the early withdrawal penalty provisions of our normal Certificate Disclosure Terms and Conditions.

AUTOMATIC RENEWAL: Your Three Year Callable CD will automatically renew at maturity or at its call date into a normal 12-Month Certificate of Deposit offered by the Bank. Thereafter your normal Certificate of Deposit will automatically renew as described in the automatic renewal section of our Certificate Disclosure Terms and Conditions.

DEFINITIONS: As used in these Rules and Regulations, "we" , "us", and "our" refer to Standard Bank, PaSB. "You" and "Your" refer to all of the account holders or any of them.

ACKNOWLEDGMENT: You will be required to sign a copy of this Disclosure acknowledging that Standard Bank may redeem or cancel this CD at the Bank's option, as described above.