VERIFYING FUNDS AVAILABILITY FOR CHECK: You authorize us to release funds availability information about your account
to individuals or merchants who represent to us that they have received a check from you.
CHECK SAFEKEEPING: If you utilize a check safekeeping system or any other system offered by us for the retention of your checks,
you understand that the canceled checks will be retained by us and destroyed after a reasonable time period or as required by law. Any
request for a copy of any check may be subject to a fee, as indicated in the Fee Schedule or Disclosures and as allowed by law. If for any
reason we cannot provide you with a copy of a check, our liability will be limited to the lesser of the face amount of the check or the
actual damages sustained by you.
SUBSTITUTE CHECKS: To make check processing faster, federal law permits financial institutions to replace original checks with
"substitute checks." These substitute checks are similar in size to the original items with a slightly reduced image of the front and back of
the original item. The front of a substitute check states: "This is a legal copy of your check. You can use it the same way you would use
the original check." You may use a substitute check as proof of payment just like the original item. Some or all of the items that you
receive back from us may be substitute checks. An electronic check can be used to create a substitute check since the electronic image
and electronic information was derived from its paper form.
REMOTE DEPOSIT CAPTURE (“RDC”): Remote deposit capture allows you to make deposits to your account from remote
locations by electronically transmitting digital images of your original paper checks, which are drawn on or payable through United States
financial institutions in United States dollars to us. We may then use the digital image to create an electronic check or substitute check for
collection. If you use our RDC services, if applicable, we may require you to endorse the back of the paper check to indicate that it has
been remotely deposited. For example, “for mobile deposit only” or “for mobile deposit at Hills Bank and Trust Company only.”
WITHDRAWALS: Deposits will be available for withdrawal consistent with the terms of the Disclosures. Withdrawals may be subject
to a service charge. We have the right to require seven (7) days prior written notice from you of your intent to withdraw any funds from
your interest-bearing account.
DEPOSITS: Deposits may be made in person, by mail, or in another form and manner as agreed by us in our sole discretion. We are not
responsible for transactions mailed until we actually receive and record them. We may, at our sole discretion, refuse to accept particular
instruments as deposits. Cash deposits are credited to your account according to this Agreement. Other items you deposit are handled by us
according to our usual collection practices. Actual credit for deposits of, or payable in, foreign currency will be at the exchange rate in effect
on final collection U.S. dollars. If an item you deposit is returned unpaid, we will debit your account for the item. You are liable to us for the
amount of any item you deposit to your account that is returned unpaid. In addition, you are liable to us for all costs and expenses related to
the collection of any or all of that amount from you. Funds deposited to your account are available in accordance with the Disclosures.
COLLECTION OF DEPOSITED ITEMS: In receiving items for deposit or collection, we act only as your agent and assume no
responsibility beyond the exercise of ordinary care. All items are credited subject to final settlement in cash or credits. We shall have the
right to forward items to correspondents including all Federal Reserve Banks, and we shall not be liable for default or neglect of said
correspondents for loss in transit, nor shall any correspondent be liable except for its own negligence. You specifically authorize us or our
correspondents to utilize Federal Reserve Banks to handle such items in accordance with provisions of Regulation J (12 CFR Part 210), as
revised or amended from time to time by the Federal Reserve Board. In the event we are subject to local clearinghouse rules, you
specifically authorize us to handle such items in accordance with the rules and regulations of the clearinghouse.
If we permit you to withdraw funds from your account before final settlement has been made for any deposited item, and final settlement
is not made, we have the right to charge your account or obtain a refund from you. In addition, we may charge back any deposited item at
any time before final settlement for whatever reason. We shall not be liable for any damages resulting from the exercise of these rights.
Except as may be attributable to our lack of good faith or failure to exercise ordinary care, we will not be liable for dishonor resulting
from any reversal of credit, return of deposited items or for any damages resulting from any of those actions.
STATEMENTS: We will provide you with a periodic statement showing the account activity. The last address you supply us in writing
or by any other means we make available to you will be deemed the proper address for mailing this statement to you. The account holder
who receives this statement is the agent for his/her co-account holder(s) for purposes of receiving the statement and items. You must
exercise reasonable care in reviewing your statement and reasonable promptness in notifying us of any discrepancies, such as alterations
or forged or unauthorized signatures, even if by the same wrongdoer. Reasonable promptness will not exist if you fail to notify us within
30 days after we mail or otherwise make the statement available to you. If you fail to notify us of any discrepancies, with reasonable
promptness, your right to assert such discrepancies will be barred or limited to the extent permitted by law. Additionally, you agree that
we will not be liable for discrepancies reported to us after sixty (60) days after we mail or otherwise make the statement or items
available to you, even if we failed to exercise ordinary care. However, if the discrepancy is the result of an electronic fund transfer, the
provisions of the Electronic Fund Transfer Disclosures will control its resolution. If you do not receive a statement from us because you
have supplied us with an incorrect address, we may stop sending your statements until you supply us with a proper address.
CLAIM OF LOSS: If you claim a credit or refund because of a forgery, alteration, or any other unauthorized withdrawal, you agree to
cooperate with us in investigating the loss, including giving us an affidavit containing whatever information we reasonably require about
your account, the transaction, and the circumstances surrounding the loss. We will have a reasonable period of time to investigate the
facts and circumstances surrounding any claim of loss. We will not be liable for special or consequential damages, including lost profits
or opportunity, or for attorneys’ fees incurred by you, unless we have acted in bad faith.

ACH AND WIRE TRANSFERS: This Agreement is subject to Article 4A of the Uniform Commercial Code - Funds Transfers as
adopted in the state of Iowa. If you send or receive a wire transfer, you agree that Fedwire® Funds Service may be used. Federal Reserve
Board Regulation J is the law that covers transactions made over Fedwire® Funds Service.When you originate a funds transfer for which
Fedwire® Funds Service is used, and you identify by name and number a beneficiary financial institution, an intermediary financial
institution or a beneficiary, we and every receiving or beneficiary institution may rely on the identifying number to make payment. We
may rely on the number even if it identifies a financial institution, person or account other than the one named.
If you are a party to an Automated Clearing House ("ACH") entry, you agree that we may transmit an entry through the ACH, and you
agree to be bound by the National Automated Clearing House Association ("Nacha") Operating Rules and Guidelines, the rules of any
local ACH, and the rules of any other systems through which the entry is made.
PROVISIONAL PAYMENT: Credit we give you is provisional until we receive final settlement for that entry. If we do not receive
final settlement, you agree that we are entitled to a refund of the amount credited to you in connection with the entry, and the party
making payment to you via such entry (i.e., the originator of the entry) shall not be deemed to have paid you in the amount of such entry.

INTERNATIONAL ACH AND WIRE TRANSACTIONS: If your transaction originates from a financial agency that is outside of
the territorial jurisdiction of the United States, it may be subject to additional review for compliance with the rules of the Office of
Foreign Assets Control (OFAC). If additional review is required, the International ACH or wire transaction will not be available to you until it passes final verification. If you send or receive an international wire transfer, you agree that our correspondent bank may be used.

NOTICE OF RECEIPT: We will not provide you with notice of our receipt of the transaction. However, we will continue to notify
you of the receipt of payments in the periodic statements we provide to you.
CHOICE OF LAW: We may accept on your behalf payments to your account which have been transmitted, that are not subject to
the Electronic Fund Transfer Act, and your rights and obligations with respect to such payments shall be construed in accordance
with and governed by the laws of the state where we are located.
YOUR RESPONSIBILITY FOR BACK OF CHECK: All negotiable paper ("checks") presented for deposit must be in a format that can
be processed and we may refuse to accept any check that does not meet this requirement. All endorsements on the reverse side of any
check deposited into your account must be placed on the left side of the check when looking at it from the front, and the endorsements
must be placed so as not to go beyond an area located 1 – ½, inches from the left edge of the check when looking at it from the front. It
is your responsibility to ensure that these requirements are met and you are responsible for any loss incurred by us for failure of an
endorsement to meet this requirement. We may accept for deposit any item payable to you or your order, even if they are not endorsed
by you. We may supply any missing endorsement(s) for any item we accept for deposit or collection, and you warrant that all
endorsements are genuine.
ELECTRONIC CHECKS: Pursuant to Regulation CC, electronic checks may be treated the same as paper checks for check collection
and processing purposes.
STOP PAYMENTS: You may stop payment on a check drawn against your account by a record or written order or other confirmation as
allowed by us, provided that we receive the Stop Payment Order in a time and manner that gives us a reasonable opportunity to act on it. The
Stop Payment Order must describe the item or account with reasonable certainty. If you make an oral request for a Stop Payment Order we
may also require you to put your request in writing. If we require you to put your request in writing, the stop payment order is binding on us
for 14 calendar days unless it is confirmed by you in a record or writing within that period. If the record or written confirmation is not received
as specified, we will no longer be bound by your request. Generally, a Stop Payment Order on a check remains in effect for sixty (60) months
or until we receive a record or writing revoking the Stop Payment Order, whichever occurs first. Your Stop Payment Order will lapse after
sixty (60) months if it is not renewed by you.We are not obligated to notify you when a Stop Payment Order expires. If the item on which a
Stop Payment Order has been placed has not cleared or been returned to you by the payee, you may renew the Stop Payment Order by
submitting a new Stop Payment Order for an additional sixty (60) months by providing a request to us in a record or writing within the time
period the Stop Payment Order is in effect. A Stop Payment Order on an EFT debit will remain in effect until the earlier of 1) your withdrawal
of the Stop Payment Order, or 2) the return of the debit entry, or, where a Stop Payment Order is applied to more than one debit entry under a
specific authorization involving a specific payee (Originator), the return of all such debits. When a stop is placed on a multiple debit entry
transfer, we may require your confirmation in a record or writing stating that you have canceled your authorization for the transfer with the
payee (a Stop Payment Order does not revoke authorization). You will be charged a fee (see fee schedule) every time you request a Stop
Payment Order, and for each Stop Payment Order renewal you make. You understand that we may accept the Stop Payment Order request
from any of the owners and/or authorized signers of the account regardless of who signed the check. A release of the Stop Payment Order
may be made by the person who has the authority to make withdrawals from the account. Our acceptance of a stop payment request does not
constitute a representation by us that the item has not already been paid or that we have had a reasonable opportunity to act on the request.
A Stop Payment Order may be placed on either a one-time transfer or on a multiple debit entry transfer. If you request a stop payment on
a multiple debit entry transfer, we must receive the Stop Payment Order, orally or in a record or writing, at least three business days
before a scheduled multiple debit entry. If the Stop Payment Order is requested for an Electronic Check Conversion or other one-time
transfer, we must receive the request, orally or in a record or writing, in a period of time that provides us a reasonable opportunity to act
on it prior to acting on the debit entry, otherwise this Stop Payment Order shall be of no effect.
The Stop Payment Order shall be governed by the provisions of the Uniform Commercial Code 4A in effect in the state in which we are
located, the Electronic Fund Transfer Act (Regulation E), Nacha Operating Rules, and any applicable state law.
We have a daily cutoff time by which we must receive any knowledge, notice, Stop Payment Order, set-off or legal process affecting our
right or duty to pay a check. That cutoff time is one hour after the opening of your branch's banking day, following the banking day on
which your branch received the check.
DEATH OR INCOMPETENCY: Neither your death nor a legal adjudication of incompetence revokes our authority to accept, pay, or
collect items until we know of the fact of death or of an adjudication of incompetence and have a reasonable opportunity to act on it. To
the extent permitted by law, even with knowledge, we may for ten (10) days after the date of death, pay checks drawn on or before the
date of death unless ordered to stop payment by a person claiming an interest in the account.
NON-SUFFICIENT FUNDS AND OVERDRAFTS: If your account lacks sufficient funds to pay a check, preauthorized transfer or
other debit activity presented for payment as determined by the "available balance" (defined below) in your account, we may (1) return
the item, or (2) pay the item at our discretion. If we return the item without paying it, we may charge you a non-sufficient funds (NSF)
fee. An item may be presented multiple times and we can charge you a non-sufficient funds fee each time an item is presented for
payment if your account lacks sufficient available funds to pay the item, regardless of the number of times the item is presented. We
cannot control the number of times an item is presented for payment. If we do pay the item on your behalf, you will be responsible to pay
the overdrawn balance and, if the "ledger balance" (defined below) of your account when the transaction settles and is paid, is not
sufficient to cover the item, you may incur an overdraft fee. Note that while we use the available balance to determine whether to pay an
item, we use the ledger balance to determine whether to impose an overdraft fee. Overdrafts may be covered by our standard overdraft
practice that comes with your account. As part of our standard overdraft practice, we do not authorize (and thus do not pay) ATM or
everyday debit card items into overdraft unless you request us to do so. Our handling of these items may subject your account to a fee as
disclosed in the Fee Schedule or other Disclosures. To help minimize the risk of incurring overdraft or nonsufficient funds, you may be
able to set up an automatic transfer from another account or line of credit to cover the overdraft. We will process checks and other debit
items in the order identified in the Posting Order described below.
HOW WE DETERMINE WHETHER TO PAY A TRANSACTION. We use the "available balance" to determine whether there is
enough money in your account to pay for a transaction. The available balance may not be the same as the "ledger balance." This means
that we may return an item for insufficient funds because the available balance was insufficient to cover the item even if the ledger
balance would have been sufficient to pay the item. The "available balance" subtracts account transactions that have been authorized,
but have not yet settled and been paid, and holds placed on deposits that have not yet cleared. The "ledger balance" only includes settled
transactions (deposits and payments that have posted to your account). You may incur an overdraft fee if the ledger balance at the time we
post the item (generally at the end of the day) is insufficient to cover the item. This can occur even if your account did have a sufficient
available balance or ledger balance when the transaction was approved and authorized.

HOWDEBIT CARD TRANSACTIONS AFFECT YOUR AVAILABLE BALANCE. When you use your debit card, the merchant asks
the bank to approve the transaction. By approving the transaction, the bank has promised to pay the merchant for the transaction upon the
merchant's request. When a debit card transaction is approved, we reduce the available balance of your account by the amount of the
authorization request submitted by the merchant. In some cases, such as when you purchase gas, hotel rooms, or meals at restaurants, the
merchant does not know the amount of the purchase at the time the transaction is authorized, so the authorization amount submitted by the
merchant may be different than the actual amount of your purchase. It can take three days, or possibly longer, for the authorization
amount charged to your available balance to be adjusted to the actual amount of your purchase.
SETTLEMENT OF DEBIT CARD TRANSACTIONS. The settlement of a debit card transaction does not always occur at the same time
as the authorization, but can occur days later when the merchant presents the transaction to the bank for payment. If you no longer have
sufficient funds (based on your ledger balance) to pay the merchant when the merchant presents the transaction to the bank for payment,
the debit card transaction will overdraw your account because we have already approved and authorized the transaction and must pay the
merchant.
PROCESSING TRANSACTIONS AND POSTING ORDERS. The order in which we pay items is important because it can affect the
number of items overdrawn or returned unpaid and the amount of the fees you may have to pay. Some posting orders can result in more
overdrafts, and more fees for overdraft items and returned items, than other posting orders. We may in our discretion choose our posting
orders, and also change them from time to time, regardless of whether additional fees may result.
We use automated systems to process transactions and then to post transactions to accounts. We group the different types of transactions
into categories. After the end of the business day, our automated systems assign each transaction received for that day to a category. We
generally post all transactions within a category, using the posting order or orders that apply to that category, before we post any
transactions assigned to the next category. Thus, we generally post credits and debits to your account, and report them on your statement,
in a different order than the order in which you conduct them or we receive them.
We start with the balance in your account at the beginning of the business day, add credits to your balance, and then subtract holds and
debits from your balance. Some, but not all, of our categories and subcategories are shown below. For each debit category shown below,
we list some common types of debits that we assign to the category as a subcategory. Unless expressly stated otherwise, debits are
generally processed from the lowest to highest dollar amount within each subcategory.

• First, we add deposits and other credits to your balance.
• Second, we subtract from your balance the following types of debits listed as subcategories:
  • automatic funds transfers;
  • one-time transfers made at ATMs, through our tellers, by telephone, through online and mobile banking, and automatic sweep transfers;
  • withdrawals made at the ATMand withdrawals made at our tellerline; and
  • checks you wrote that are cashed at our tellerline.
• Third, we subtract from your balance the following types of debits listed as subcategories:
  • one-time and recurring debit card transactions;
  • online and mobile banking electronic bill payments;
  • wire transfers; and
  • fees (such as monthly maintenance fees, overdraft item fees, returned item fees, and ATM fees).
• Fourth, we subtract preauthorized or automatic payments that use your deposit account number (generally referred to as automated clearing house (ACH) debits) from lowest to highest dollar amount.
• Last, for other checks you wrote and bill pay checks, we subtract such checks from your balance sequentially by check number order.

We receive credits, debits and holds throughout the day. Regardless of when during the day we receive transactions for your account, you
agree that we may treat them as if we received all transactions at the same time at the end of the business day. During the day, we show
some transactions as pending, which means those transactions have not been posted yet. The posting order for these transactions is
determined at the end of the day, with the other transactions we receive for that day.
SIGNATURES: You authorize us, at any time, to charge you for all all checks, drafts, orders, or other items for the payment of money,
that are drawn on us regardless of by whom or by what means (including facsimile signature(s) or non-manual signature(s)) your
signature may have been affixed. We will not be liable to you for refusing to honor signed instruments or instructions if we believe in
good faith that one or more of the signatures appearing on the instrument or instructions is not genuine.
If your items are signed using any facsimile signature or non-manual form of signature, you acknowledge that it is solely for your benefit
and convenience. If you use a facsimile signature or a non-manual form of signature, you agree that no such signature may be considered
a forgery or an unauthorized signature, and that every facsimile signature or non-manual form of signature shall be effective as the
signatory's own original, manual signature. You accept sole responsibility for maintaining security over any device affixing the signature
as such signature will be effective regardless of whether the person affixing it was authorized to do so. You must notify us at once if you
suspect that your facsimile signature or non-manual form of signature is being or has been misused. Your use notwithstanding, we are not
obligated to accept or pay any items bearing facsimile signatures.
Further, most checks, drafts, orders, or other items are processed automatically, i.e., without individual review of each item. Therefore,
unless we agree in a separate writing, in our sole discretion, upon your request and due to unique circumstances to conduct individual review
of checks, drafts, orders, or other items, you agree that we are acting within common and reasonable banking practices by automatically
processing these items. You agree to indemnify, defend, and hold us harmless from and against all loss, costs, damage, liability, and other
injury (including reasonable attorney fees) that you or we may suffer or incur as a result of this practice.
FEES, SERVICE CHARGES AND BALANCE REQUIREMENTS: You agree to pay us and are responsible for any fees, charges or
balance/deposit requirements as provided in the Disclosures provided to you at the time you opened the account. Fees, charges and
balance requirements may change from time to time. We also reserve the right to impose a service charge for cashing checks drawn on
your account if the person cashing the check is not a customer of this Bank. We may also require reasonable identification to cash the
check and can, in our discretion, decide what identification is reasonable. If you cash a check at our bank and the check is returned
unpaid, we will deduct the check amount from an account you own at our institution.

SET-OFFS AND SECURITY INTEREST: If you ever owe us money as a borrower, guarantor or otherwise, and it becomes due, we
have the right under the law (called "set-off") and under this Agreement (by which you grant us a security interest in your deposit account and any other accounts held by you) to use your account funds to pay the debt, where permitted by law. If your account is held jointly,
that is, if there is more than one account owner, we may offset funds for the debt of any one of the joint owners. Similarly, we may also
set-off funds from the individual accounts of any one of the joint owners to satisfy obligations or debts in the joint account. The security
interest granted by this Agreement is consensual and is in addition to our right of set-off.

CLAIMS: In response to any garnishment, attachment, restraining order, injunction, levy, citation to discover assets, judgment,
reclamation, other order of court or other legal process ("Claim(s)"), we have the right to place a hold on, remove from your account(s)
and/or remit to the designated third-party(ies) any amount on deposit in your account(s) as set forth in and required by such Claim(s). If
the account(s) is/are held jointly, we may place the hold, remove from the account(s) and/or remit the amounts from the account(s) arising
from any Claim(s) relating to any one or more of the account holders. In addition, we may charge against your account(s) any fee
authorized by law in connection with the Claim(s) or as otherwise set forth in the Disclosures.
DORMANT/INACTIVE ACCOUNTS: You understand that if your account is dormant or inactive, we may charge a fee to the extent
permitted by the law. If we charge a fee, it will be specified in the Fee Schedule. You agree that we are relieved of all responsibility if
your account balance is escheated (that is, turned over to the state) in accordance with state law. If your account has been at a $0 balance
for at least 120 consecutive days, we may close your account without further notice to you.
ATTORNEYS' FEES AND EXPENSES: You agree to be liable to us for any loss, costs or expenses, including reasonable attorneys'
fees to the extent permitted by law, that we incur as a result of any dispute involving your account, and you authorize us to deduct any
such loss, costs or expense from your account without prior notice to you. This obligation includes disputes between yourself and us
involving the account and situations where we become involved in disputes between you and an authorized signer, another joint owner, or
a third party claiming an interest in the account. It also includes situations where you, an authorized signer, another joint owner, or a third
party takes action with respect to the account that causes us, in good faith, to seek the advice of counsel, whether or not we actually
become involved in a dispute.
LEGAL PROCESS AGAINST ACCOUNT: You agree to be responsible for, to reimburse us, and/or have your account charged for
any expenses or reasonable attorney fees we incur due to an attachment, garnishment, levy or subpoena of records of your account. Any
garnishment or other levy against your account is subject to our right of set-off and security interest. We may restrict the use of your
account if it is involved in any legal proceeding, which may include freezing the funds in the account and prohibiting any payments from
the account until we receive a final court determination regarding the legal action. We may take these steps even if the legal action
involves less than all of the account owners.
RESOLVING ACCOUNT DISPUTES: We may place an administrative hold on the funds in your account (which means we may
refuse payment or withdrawal of the funds) if your account becomes subject to a claim adverse to (1) you; (2) those claiming an interest
as a survivor or beneficiary of your account; or (3) a claim arising by operation of law. We will place a hold until we receive evidence
that we deem satisfactory to confirm that the dispute is resolved. We will not be liable for any items that are dishonored as a result of us
placing a hold on funds in your account.
CLOSING ACCOUNT: We may close the account at any time, with or without cause, after sending you notice if advance notice is
required by law. If applicable, a notice may be sent to you that specifies when the account will be closed. At our discretion, we have the
authority to pay an otherwise properly payable item, which is presented after the closing of your account. Such termination will not
release you from any fees or other obligations incurred before the termination. We will send a check for the balance in our possession to
which you are entitled.
OUR WAIVER OF RIGHTS: You understand and agree that no delay or failure on our part to exercise any right, remedy, power or
privilege available to us under this Agreement shall affect or preclude our future exercise of that right, remedy, power or privilege.
YOUR WAIVER OF NOTICE: By signing the signature card/Account Information form, you waive any notice of non-payment,
dishonor or protest regarding any items credited to or charged against your deposit account. For example, if a check that you deposited is
dishonored and returned to us, we are not required to notify you of the dishonor.
NOTICE: You are responsible for notifying us of any address or name changes, death of an account holder, or other information
affecting your account. Notices must be in a form and manner acceptable to us with enough information to allow us to identify the
account. Notice sent by you to us is not effective until we have received it and have had a reasonable opportunity to act upon it. Written
notice sent by us to you is effective when mailed to the last address supplied.
TELEPHONE AND ELECTRONIC COMMUNICATION: You agree that we may call or send text messages to you at the telephone
numbers that you provide to us, including a cell phone number, which may result in charges to you, for informational purposes regarding
your account(s) with us. These calls and text messages may be made from an automatic telephone dialing system (i.e., an autodialer) or
from an artificial or prerecorded voice message system. Additionally, you agree that we may send electronic communication to you at the
email addresses you provide to us. You may contact us at any time if you no longer want to receive these communications from us.
AMENDMENTS AND ALTERATIONS: You agree that the terms and conditions governing your account may be amended by us
from time to time. We will notify you of amendments as required by applicable law. We will give you such notice in writing or by any
other method permitted by law. Your continued use of the account evidences your agreement to any amendments. Only one notice will
be given in the case of joint account holders.
APPLICABLE LAWS AND REGULATIONS: You understand that this Agreement is governed by the laws of Iowa unless federal
law controls. Changes in these laws may change the terms and conditions of your account. We will notify you of any changes as required
by law. If any of the terms of this Agreement come into conflict with the applicable law and are declared to be invalid or unenforceable,
those terms will be nullified to the extent that they are inconsistent with the law and the applicable law will govern. However, this shall
not affect the validity of the remaining provisions.
DIRECT DEPOSITS: If for any reason we are required to reimburse the federal government for all or any part of a benefit payment that
was directly deposited into your account, you authorize us to deduct the amount of the reimbursement from your account or from any
other account you have with us, at any time and without prior notice to you, unless prohibited by law. We may also use any other legal
remedy to cover the amount of the reimbursement.
ADDITIONAL DOCUMENTS TO OPEN ACCOUNT: You agree to supply us with a copy of any chartering document, Operating
Agreement, or related documents requested by us.

USA PATRIOT ACT – IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT:

To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain,
verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and any other information that will allow us to identify you. We may also ask to see your driver’s license and other identifying documents.
ONLINE OR MOBILE SERVICES: If you open an account or obtain a product or service from us using our online or mobile services,
we may record your personal information from a scan or a copy of your driver's license or other personal identification card, or we may
receive an image or make a copy of your driver's license or other personal identification card. We may store or retain this information to
the extent permitted by law.
REMOTELY CREATED CHECKS: A remotely created check, as defined in Regulation CC, means a check that is not created by the
paying bank and that does not bear a signature applied, or purported to be applied, by the person on whose account the check is drawn. By
having a deposit account with us, you certify that all remotely created checks deposited to your account(s) will be expressly and verifiably
authorized by the payer. And we reserve the rights to refuse for deposit any such remotely created check if we have any reason to believe
that the item is fraudulent in any manner and to obtain from you the payer's express, verifiable authorization for any such item.
PAYMENT OF INTEREST: If you have an interest bearing account, interest will be calculated and paid in accordance with the
Disclosures provided to you at the time you opened the account.
TRANSACTION LIMITATIONS. Our policy allows us to restrict the number of transfers or withdrawals you can make on a Money
Market Account and Savings Account, or we may allow you to make an unlimited number of transfers or withdrawals from these
accounts.
Restrictions on MoneyMarket and Savings Accounts. If we restrict the number of transfers or withdrawals you can make on these
accounts, you understand that we will not allow more transfers or withdrawals than the maximum number specified in the
Disclosures, and we may close your account, take away your ability to transfer funds, charge you a fee, or convert the account to a
checking or other transaction account if the restriction is violated. Please refer to the Disclosures to understand which transaction
limitations, if any, apply to your account.
No Restrictions on Money Market and Savings Accounts. If we do not restrict the number of transfers or withdrawals you can
make on these accounts, your account may still be subject to other transaction limitations. Please refer to the Disclosures to
understand which transaction limitations, if any, apply to your account.
UNLAWFUL INTERNET GAMBLING: Restricted transactions are prohibited from being processed through your account with us as
required by the Unlawful Internet Gambling Enforcement Act of 2006 and Regulation GG. A restricted transaction is a transaction or
transmittal involving any credit, funds, instrument, or proceeds in connection with the participation of another person in unlawful Internet
gambling. You will notify us if your business practices regarding Internet gambling change in the future.
CHECKING ACCOUNTWITH SUB ACCOUNTS: Checking accounts consist of a checking sub account and a savings sub account.
The Bank may periodically transfer funds between these two sub accounts. On a sixth transfer during a calendar month, any funds in the
savings sub account will be transferred back to the checking sub account. If your account is a plan on which interest is paid, your interest
calculation will remain the same. Otherwise, the savings sub account will be non-interest bearing. The savings sub account will be
governed by the rules governing other savings accounts. This process will not affect your available balance, the interest you may earn,
FDIC insurance protection, or your monthly statement. This does not apply to savings or insured money market accounts.
CREDIT VERIFICATION: You agree that we may verify credit and employment history by any necessary means, including
preparation of a credit report by a credit reporting agency.

NOTICE OF POTENTIAL DISCLOSURE OF NEGATIVE INFORMATION TO CONSUMER REPORTING AGENCIES

This notice is being furnished pursuant to the Fair Credit Reporting Act (15 U.S.C. 1681) as amended by the Fair and Accurate Credit Transactions Act of 2003 (FACT Act).

NOTICE: We may report information about your account to credit bureaus. Late payments, missed payments, or other defaults on your account may be reflected in your credit report.

YOUR ABILITY TO WITHDRAW FUNDS – REGULATION CC

Our general policy is to allow you to withdraw funds deposited in a transaction account on the first Business Day after the day of deposit.
Funds from electronic direct deposits will be available on the day we receive the deposit. In some cases, we may delay your ability to
withdraw funds beyond the first Business Day after the day of deposit. Our complete policy is summarized below. Generally, transaction
accounts are accounts which would permit an unlimited number of payments by check to third persons, and also an unlimited number of
telephonic and preauthorized transfers to third persons or other accounts you may have with us.
DETERMINING THE AVAILABILITY OF YOUR DEPOSIT
The length of the delay varies depending on the type of deposit and is explained below. When we delay your ability to withdraw funds
from a deposit, you may not withdraw the funds in cash, and we will not pay checks you have written on your account by using these
funds. Even after we have made funds available to you and you have withdrawn the funds, you are still responsible for checks you deposit
that are returned to us unpaid and for any other problems involving your deposit. When we delay your ability to withdraw funds, the
length of the delay is counted in Business Days from the day of your deposit. The term “Business Day” means any day other than a
Saturday, Sunday, or federally declared legal holiday, and the term “Banking Day” means that part of any Business Day on which we are
open to the public for carrying on substantially all of our banking functions. If you make a deposit before the branch closing time which
may be as early as 4:00 P.M. on a Business Day that we are open, we will consider that day to be the day of your deposit. However, if
you make a deposit after branch closing time which may be as early as 4:00 PM or on a day that we are not open, we will consider the
deposit made on the next Business Day we are open.
AVAILABILITY SCHEDULE
Our policy is to make funds from your cash and check deposits available to you on the first Business Day after the day we receive your
deposit. Electronic direct deposits will be available on the day we receive the deposit. Once the funds are available, you can withdraw
them in cash and we will use them to pay checks that you have written.
LONGER DELAYS MAY APPLY
In some cases, we will not make all of the funds that you deposit by check available to you according to the previously stated availability
schedule. Depending on the type of check that you deposit, funds may not be available until the second Business Day after the day of your
deposit. The first $225.00 of your deposits, however, may be available on the first Business Day after the day of deposit.

If we are not going to make all of the funds from your deposit available to you according to the previously stated availability schedule, we
will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made
directly to one of our employees, or if we decide to take this action after you have left the premises, we will mail you the notice by the day
after we receive your deposit. If you will need the funds from a deposit right away, you should ask us when the funds will be available.

Funds you deposit by check may be delayed for a longer period under the following circumstances:
• If we believe a check you deposit will not be paid.
• If you deposit checks totaling more than $5,525 on any one day.
• If you redeposit a check that has been returned unpaid.
• If you have overdrawn your account repeatedly in the last six months. or
• If an emergency condition arises that would not enable us to make the funds available to you, such as the failure of computer or
communications equipment.
We will notify you if we delay your ability to withdraw funds for any of these reasons, and we will tell you when the funds will be
available. They will generally be available no later than the seventh Business Day after the day of your deposit. If you will need the funds
from a deposit right away, you should ask us when the funds will be available.
SPECIAL RULES FOR NEW ACCOUNTS
If you are a new customer, the following special rules will apply during the first 30 days your account is open: Funds from electronic
direct deposits to your account will be available on the day we receive the deposit. Funds from deposits of cash, wire transfers, and the
first $5,525 of a day’s total deposits of cashier’s, certified, teller’s, traveler’s, and federal, state and local government checks will be
available on the first business day after the day of your deposit if the deposit meets certain conditions. For example, the checks must be
payable to you (and you may have to use a special deposit slip). The excess over $5,525 will be available on the ninth Business Day after
the day of your deposit. If your deposit of these checks (other than a U.S. Treasury check) is not made in person to one of our employees,
the first $5,525 will not be available until the second Business Day after the day of your deposit.
OTHER CHECK DEPOSITS
Funds from all other check deposits will be available on the eleventh Business Day after the day of deposit.
DEPOSITS AT AUTOMATED TELLER MACHINES
If you make a deposit at an automated teller machine (ATM) that is owned and operated by us before 6:00 P.M. on a Business Day that
we are open, we will consider the deposit made that day. However, if you make a deposit at an ATM that is owned and operated by us
after 6:00 P.M. or on a day that we are not open, we will consider the deposit made on the next Business Day we are open.
ADDITIONAL ATM INFORMATION
Deposits at ATM’s that we do not own or operate follow the same cutoff times as above.
ADDITIONAL DEPOSIT INFORMATION
Funds from any deposits (cash or checks) made at ATMs that we do not own or operate may not be available until the fourth Business
Day after the day of your deposit. This rule does not apply at ATMs that we own or operate. All ATMs that we own or operate are
identified as our machines. A listing of our ATM’s is provided at www.hillsbank.com.
If we accept for deposit a check that is drawn on another bank, we may make funds from the deposit available for withdrawal immediately
but delay your availability to withdraw a corresponding amount of funds that you have on deposit in another account with us. The funds
in the other account would then not be available for withdrawal until the time periods that are described elsewhere in this disclosure for
the type of check that you deposited.
The Funds Availability Policy described in this disclosure does not apply to checks deposited to your account that are drawn on financial
institutions located outside the United States. Checks deposited to your account that are drawn on financial institutions located outside the
United States may be subject to extended hold times.

ELECTRONIC FUND TRANSFER DISCLOSURE AND AGREEMENT – REGULATION E

The Electronic Fund Transfer Act and Regulation E require institutions to provide certain information to customers regarding electronic
fund transfers (EFTs). This disclosure applies to any EFT service you receive from us related to an account established primarily for
personal, family or household purposes. Examples of EFT services include direct deposits to your account, automatic regular payments
made from your account to a third party and one-time electronic payments from your account using information from your check to pay for
purchases or to pay bills. This disclosure also applies to the use of your ATM card (hereinafter referred to collectively as “ATM Card”) or
Debit Card (hereinafter referred to collectively as “Debit Card”) at automated teller machines (ATMs) and any networks described below.
The following provisions govern the use of EFT services through accounts held by Hills Bank and Trust Company which are established
primarily for personal, family or household purposes. If you use any EFT services provided, you agree to be bound by the applicable
terms and conditions listed below. Please read this document carefully and retain for future reference.
Business days are Monday through Friday excluding Federal Holidays.
Electronic Fund Transfer Services Provided
ATMCard Services. The services available through use of your ATM card are described below.
• You may withdraw cash from your checking account(s), savings account(s), money market account(s) and NOWaccount(s).
• You may make deposits into your checking account(s), savings account(s), money market account(s) and NOWaccount(s).
• You may transfer funds between your checking and savings accounts, checking and money market accounts, checking and NOW
accounts, savings and money market accounts, savings and NOWaccounts, and NOWaccounts and money market accounts.
• You may make balance inquires on your checking account(s), savings account(s), money market account(s), and NOWaccount(s).
Debit Card Services. The services available through use of your debit card are described below.
• You may withdraw cash from your checking account(s), savings account(s), money market account(s) and NOWaccount(s).
• You may make deposits into your checking account(s), savings account(s), money market account(s) and NOWaccount(s).
• You may transfer funds between your checking and savings accounts, checking and money market accounts, checking and NOW
accounts, savings and money market accounts, savings and NOW accounts, and NOW accounts and money market accounts.
• You may make balance inquires on your checking account(s), savings account(s), money market account(s), and NOWaccount(s).

• You may use your card at any merchant that accepts Visa® debit cards for the purchase of goods and services.

ATM Services:
• Network: Your ability to perform the transactions or access the accounts set forth above depends on the location and type of
ATM you are using and the network through which the transaction is being performed. A specific ATM or network may not
perform or permit all of the above transactions. You may access your ATM Card or Debit Card through the following
networks: SHAZAM, Money Pass, Plus.
• ATM Fees: When you use an ATM not owned by us, you may be charged a fee by the ATM operator or any network used, and
you may be charged a fee for a balance inquiry even if you do not complete a funds transfer.
Point of Sale Transactions: Listed below are the cards you may use to purchase goods and services from merchants that have
arranged to accept your cards as a means of payment (these merchants are referred to as “Participating Merchants”). Some
Participating Merchants may permit you to receive cash back as part of your purchase. Purchases made with your cards, including
any purchase where you receive cash, are referred to as “Point of Sale” transactions and will cause your “designated account” to be
debited for the amount of the purchase.
The following cards and the corresponding designated account(s) may be used for Point of Sale transactions:
• Debit Card: designated primary checking, NOW, or money market account.
• ATM Card: designated primary checking, NOW, or money market account.
Your ATM and Debit cards may also be used to obtain cash from your designated account(s) at participating financial institutions
when so authorized under the terms of your Account Agreement.
Currency Conversions - Visa® : When you use your card with the Visa® logo at a merchant that settles in currency other than US
Dollars, the charge will be converted into the US dollar amount. The currency conversion rate used to determine the transaction
amount in US dollars is a rate selected by Visa® from a range of rates available in wholesale currency markets for the applicable
central processing date, which rate may vary from the rate Visa® itself receives, or the government – mandated rate in effect for the
applicable Central processing date, in each instance, plus or minus any adjustment determined by the issuer. The conversion rate in
effect on the processing date may differ from the rate in effect on the transaction date or the posting date.
• Important Additional Fee Notice: Visa® charges an International Service Assessment Fee on all international transactions.
Therefore, you will be charged 1% of the dollar amount of the transaction for each international transaction completed with
your Visa® card when the country of the merchant or machine is different than your country as cardholder. Your country as
card holder, stated above, refers to the United States. Therefore, you will be charged 1% of the dollar amount of the
transaction for each international transaction (non-pin) completed with your Visa® card when the country of the merchant is
outside of the United States.
Services Provided Through Use of Push Button Banker: You may perform the following functions through Push Button Banker:
• You may initiate transfers of funds between your checking and savings accounts, checking and money market accounts,
checking and NOW accounts, savings and money market accounts, savings and NOW accounts, and NOW accounts and
money market accounts.
• You may make balance inquires on your checking account(s), savings account(s), money market account(s), NOW account(s),
and NOW accounts, loan accounts and certificate of deposit (CDs) and IRAs.
Preauthorized Transfer Services
• You may arrange for the preauthorized automatic deposit of funds to your checking account(s), savings account(s), money
market account(s), and NOW account(s).
• You may arrange for the preauthorized automatic payments or other transfers from your checking account(s), savings account(s),
money market account(s), and NOW account(s).
Services Provided Through Use of Hills Bank Online: Hills Bank and Trust Company offers its customers use of our Hills Bank
Online service. You may access your account(s) by computer, tablet, web-enabled mobile phone, or Apple or Android Application
using a User ID and PIN to:
• Transfer funds from checking to checking or savings or Goals account
• Transfer funds from savings to checking or savings or Goals account
• Transfer funds from a line of credit loan account to checking or savings or Goals account
• Make payments from checking or savings or Goals account to loan accounts or credit cards with us
• Make payments from checking to third parties using online bill pay
• Set up accounts owned by you at other institutions for external transfers (subject to bank approval)
• Make mobile remote deposits of checks using the Apple or Android Application (available for download at no charge in the
Apple App Store or Google Play Store)
• Get information about the account balance and history of checking, savings, or loan accounts.
Although Hills Bank mobile banking is free, you may be charged access fees depending on your mobile service plan. Check with
your mobile service provider for details on specific fees and charges.
• Electronic Check Conversion: You may authorize a merchant or other payee to make a one-time electronic payment from
your checking account using information from your check to pay for purchases or to pay bills. Checks converted to an
electronic funds transfer may be retained by you, the merchant or other payee, or the bank.
• Electronic Returned Check Charge: You may authorize a merchant or other payee to initiate an electronic funds transfer to
collect a charge in the event that a check is returned for non-sufficient funds.

Limitations on Transactions

Transaction Limitations – ATM Card

• Cash Withdrawal Limitations: You may withdraw up to $300.00 through use of ATMs in any one day. There is a daily limit for all ATM withdrawal transactions. For security reasons, specific dollar limits are disclosed at the time the ATM Card is issued. Hills Bank and Trust Company reserves the right to change dollar amount limits at any time upon prior notification.
• Point of Sale Limitations: You may buy up to $1,500.00 worth of goods or services in any one day through  use of our Point of  Sale Service.
• Other Withdrawal Limitations: Cash withdrawal and point of sale daily limitations described previously are default limits.   If different limits are assigned to your card you will be notified when the card is issued, or when the limit change occurs.  There is a daily limit for all Cash Withdrawals and Point of Sale transactions. Limitations may apply based on account type as described in the disclosures for those accounts.

Transaction Limitations – Debit Card

• Cash Withdrawal Limitations: You may withdraw up to $310.00 through use of ATMs in any one day. There is a daily limit for all ATM withdrawal transactions. For security reasons, specific dollar limits are disclosed at the time the debit card is issued. Hills Bank and Trust Company reserves the right to change dollar amount limits at any time upon prior notification.
• Point of Sale Limitations: You may buy up to $1,500.00 worth of goods or services in any one day through use of our Point of Sale Service.
• Other Withdrawal Limitations: Cash withdrawal and point of sale daily limitations described previously are default limits. If different limits are assigned to your card you will be notified when the card is issued, or when the limit change occurs. There is a daily limit for all Cash Withdrawals and Point of Sale transactions. Limitations may apply based on account type as described in the disclosures for those accounts.

Transaction Limitations – Goals Account: Transfer Limits: Transfers must be at least $1.00. Transfers from Goals accounts must go to accounts to which you have online deposit rights. External transfers from Goals accounts are not permitted.

Other Limitations:

• The terms of your account(s) may limit the number of withdrawals you may make each month. Restrictions disclosed at the time you open your account(s), or sent to you subsequently will also apply to your electronic withdrawal and electronic payments unless specified otherwise.
• We reserve the right to impose limitations for security purposes at any time.

Limits on Transfers From Certain Accounts: Federal regulations limits the number of checks, telephone transfers, online transfers, and preauthorized electronic transfers to an account you have with us and to third parties (including Point of Sale transactions) from money market and savings type accounts. You are limited to six (6) such transactions from each money market and/or savings type account(s) you have each month for purposes of making a payment to a third party or by use of a telephone or computer.

Notice of Rights and Responsibilities

The use of any electronic fund transfer services described in this document creates certain rights and responsibilities regarding these services as described below.

Right to Receive Documentation of Your Transfers:

• Transaction Receipts: Depending on the location an ATM, you may not be given the option to receive a receipt if your transaction is $15.00 or less. Upon completing a transaction of more than $15.00, you will receive a printed receipt documenting the transaction (unless you choose not to get a paper receipt). These receipts (or the transaction number given in place of the paper receipt) should be retained to verify that a transaction was performed. A receipt will be provided for any transaction of more than $15.00 made with your ATM Card or Debit Card at a Participating Merchant. If the transaction is $15.00 or less, the Participating Merchant is not required to provide a receipt.
• Periodic Statements: If your account is subject to receiving a monthly statement, all EFT transactions will be reported on it. If your account is subject to receiving a statement less frequently than monthly, then you will continue to receive your statement on that cycle, unless there are EFT transactions, in which case you will receive a monthly statement. In any case you will receive a statement at least quarterly.
• Preauthorized Deposits: If you have arranged to have direct deposit made to your account at least once every 60 days from the same person or company, you can call us at 1-800-HILLSBK to find out whether or not the deposit has been made.

Using Your Card and Personal Identification Number (“PIN”): In order to assist us in maintaining the security of your account and the terminals, the ATM Card or Debit Card remains our property and may be revoked or canceled at any time without giving you prior notice. You agree not to use your ATM Card or Debit Card for a transaction that would cause your account balance to go below zero, or to access an account that is no longer available or lacks sufficient funds to complete the transaction, including any available line of credit. We will not be required to complete any such transaction, but if we do, we may, at our sole discretion, charge or credit the transaction to another account; you agree to pay us the amount of the improper withdrawal or transfer upon request.

Your ATM Card may only be used with your PIN. Certain transactions involving your Debit Card require use of your PIN. Your PIN is used to identify you as the authorized user. Because the PIN is used for identification purposes, you agree to notify Hills Bank and Trust Company immediately if your ATM Card or Debit Card is lost or if the secrecy of your PIN is compromised. You also agree not to reveal your PIN to any person not authorized by you to use your ATM Card or Debit Card or to write your PIN on your ATM Card or Debit Card or on any other item kept with your ATM Card or Debit Card. We have the right to refuse a transaction on your account when your ATM Card or Debit Card or PIN has been reported lost or stolen or when we reasonably believe there is unusual activity on your account.

The security of your account depends upon your maintaining possession of your ATM Card or Debit Card and the secrecy of your PIN. You may change your PIN if you feel that the security of your PIN has been compromised. You may change your PIN at an ATM or via the telephone.

Rights Regarding Preauthorized Transfers:

• Rights and Procedures to Stop Payments: If you have instructed us to make regular preauthorized transfers out of your account, you may stop any of the payments. To stop a payment, call us at 1-800-HILLSBK or write to us at 131 E Main Street, PO Box 160, Hills, IA 52235. Please refer to the Fee Schedule for stop payment charges.

We must receive your call or written request at least three (3) business days prior to the scheduled payment. If you call, please have the following information ready: your account number, the date the transfer is to take place, to whom the transfer is being made and the amount of the scheduled transfer. If you call, we may require you to put your request in writing and deliver it to us within fourteen (14) days after you call.

• Notice of Varying Amounts: If you have arranged for automatic periodic payments to be deducted from your checking or savings account and these payments vary in amount, you will be notified by the person or company you are going to pay ten days prior to the payment date of the amount to be deducted.

• Our Liability For Failure To Stop Preauthorized Transfer Payments: If you order us to stop one of the payments and have provided us with the information we need at least three (3) business days prior to the scheduled transfer, and we do not stop the transfer, we will be liable for your losses or damages.

Your Responsibility To Notify Us Of Loss or Theft: If you believe your ATM Card or Debit Card or PIN or internet banking access code has been lost or stolen, call us at 1-800-HILLSBK (Customer Contact Center: Monday-Friday 7:00 a.m. to 6:00 p.m., Saturday 8:00 a.m. to 12:00 p.m. Central Time) or write to Hills Bank and Trust Company, PO Box 160, Hills, IA 52235.

In lieu of writing, you may also send Customer Service a secure message via online banking or the chat bubble on hillsbank.com, or use the Contact Us Link on www.hillsbank.com. WE ENCOURAGE YOU TO CALL, AS THIS IS THE MOST TIMELY WAY TO PROVIDE NOTIFICATION.

To Report a Lost or Stolen ATM/Debit Card After Bank Hours: Toll free: 1-833-773-8204. You should also call the number or write to the address listed above if you believe a transfer has been made using the information from your check without your permission.

Consumer Liability: Tell us AT ONCE if you believe your ATM Card or Debit Card or PIN or internet banking access code has been lost or stolen or if you believe that an electronic fund transfer has been made without your permission using information from your check. Telephoning is the best way of keeping your possible losses down. You could lose all the money in your account (plus your maximum overdraft line of credit, is applicable). If you tell us within two (2) business days after you learn of the loss or theft of your ATM Card or Debit Card or PIN you can lose no more than fifty dollars ($50) if someone used your ATM Card or Debit Card or PIN without your permission. If you do not tell us within two (2) business days after you learn of the loss or theft of your ATM Card or Debit Card or PIN and we can prove we could have stopped someone from using your ATM Card or Debit Card or PIN without your permission if you had given us notice, you can lose as much as five hundred dollars ($500).

Also, if your statement shows transfers you did not make, including those made by card, code or other means, tell us at once. If you do not tell us within sixty (60) days after the statement was transmitted to you, you may not receive back any money you lost after the sixty (60) days, and therefore, you may not get back any money in your account (including your maximum overdraft line of credit, if applicable), if we can prove that we could have stopped someone from taking the money had you given us notice in time. If a good reason (such as a long trip or hospital stay) keeps you from giving the notice, we will extend the time periods.

Consumer Liability For Unauthorized Transactions Involving Debit Card: The limitations on your liability for unauthorized transactions described above generally apply to all electronic fund transfers. However, different limitations apply to certain transactions involving your card with the Visa® logo. These limits apply to unauthorized transactions processed on the Visa® or Plus Network.

If you notify us about an unauthorized transaction involving your card with the Visa® logo and the unauthorized transaction took place on the Visa® or Plus Network, zero liability will be imposed on you for the unauthorized transaction. We may increase the limit of your liability for such unauthorized transactions to the amounts described under “Consumer Liability” above if we reasonably determine, based on substantial evidence, that you were negligent or fraudulent in the handling of your account or your card with the Visa® logo, you were proven to have participated in the transaction, or both. The zero liability provisions do not apply to PIN-based debit transactions not processed by the Visa® or Plus Network, including ATM transactions outside of the United States.

Your liability for unauthorized transactions with your card with the Visa® logo that involve PIN-based debit transactions not processed by Visa® or Plus Network, including ATM transactions, are described under “Consumer Liability” above.

Illegal Use of Debit Card: You agree not to use your Debit card for any illegal transactions, including internet gambling and similar activities.

In Case of Errors or Questions about Your Transactions: In case of errors or questions about your electronic fund transfers, call us at 1-800-HILLSBK or write to: Hills Bank and Trust Company, PO Box 160, Hills IA 52235 or use the current information on your most recent account statement.

Notification should be made as soon as possible if you think your statement or receipt is wrong or if you need more information about a transaction listed on the statement or receipt. You must contact Hills Bank and Trust Company no later than 60 days after we sent you the first statement on which the problem or error appears. You must be prepared to provide the following information:

• Your name and account number.
• A description of the error or transaction you are unsure about along with an explanation as to why you believe it is an error or why you need more information.
• The dollar amount of the suspected error.

If you provide oral notice, you may be required to send in your complaint or question in writing within ten (10) business days. We will determine whether an error occurred within ten (10) business days (twenty (20) business days for new accounts) after we hear from you and will correct any error promptly. If we need more time, however, we may take up to forty-five (45) days (ninety (90) days for new accounts and foreign initiated or Point of Sale transfers) to investigate your complaint or question. If we decide to do this, we will credit your account within ten (10) business days (twenty (20) business days for new accounts) for the amount which you think is in error, so that you will have the use of the money during the time it takes to complete our investigation. If we ask you to put your complaint or question in writing and we do not receive it within ten (10) business days, we may not credit your account. The extended time periods for new accounts apply to all electronic fund transfers that occur within the first thirty (30) days after the first deposit to the account is made, including those for foreign initiated or Point of Sale transactions. Visa® cardholder protection policy requires that we provide provisional credit for losses from unauthorized Visa® Check Card use within five (5) business days of notification of the loss, unless we determine that additional investigation is warranted and allowed by applicable law or regulations.

We will tell you the results within three (3) business days after completing our investigation. If we decide that there was no error, we will send you a written explanation.

You may ask for copies of the documents that we used in our investigation. If you provide oral notice, we may require that you send us your complaint or question in writing within ten (10) business days.

Liability For Failure To Complete Transaction: If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages as provided by law. However, there are some exceptions. We will NOT be liable, for instance:

• If through no fault of ours, you do not have enough money in your account to make the transfer.
• If the transfer would result in your exceeding the credit limit on your line of credit, if you have one.
• If the electronic terminal was not working properly and you knew about the breakdown before you started the transfer.
• If circumstances beyond our control (such as fire or flood, computer or machine breakdown, or failure or interruption of communications facilities) prevent the transfer, despite reasonable precautions we have taken.
• If we have terminated our Agreement with you.
• When your ATM Card or Debit Card has been reported lost or stolen or we have reason to believe that something is wrong with a transaction.
• If we receive inaccurate or incomplete information needed to complete a transaction.
• In the case of preauthorized transfers, we will not be liable where there is a breakdown of the system which would normally handle the transfer.
• If the funds in the account are subject to legal action preventing a transfer to or from your account.
• If the electronic terminal does not have enough cash to complete the transaction. There may be other exceptions provided by applicable law.

Charges for Transfers or the Right to Make Transfers: Fee Schedule: The Fee Schedule referred to below is being provided separately and is incorporated into this document by reference. Additional copies of the schedule may be obtained from Hills Bank and Trust Company upon request. Please refer to the Fee Schedule for stop payment charges.

Disclosure of Account Information: You agree that merchant authorization messages transmitted in connection with Point of Sale transactions are permissible disclosures of account information, and you further agree to release Hills Bank and Trust Company and hold it harmless from any liability arising out of the transmission of these messages.

We will disclose information to third parties about your account or electronic fund transfers made to your account:

• Where necessary to complete a transfer or to investigate and resolve errors involving the transfer(s); or
• In order to verify the existence and condition of your account for a third party such as a credit bureau or merchant; or
• In order to comply with government agency or court orders; or
• If you give us your permission in a record or writing.

Amending or Terminating the Agreement: We may change this agreement from time to time. You will be notified at least 21 days before a change will take effect if it will cause you an increase in cost or liability or it will limit your ability to make electronic fund transfers. No notice will be given if the change is necessary for security reasons. We also have the right to terminate this agreement at any time.

Additional Provisions

Your account is also governed by the terms and conditions of other applicable agreements between you and Hills Bank and Trust Company. Your Visa® Debit Card is enrolled in Visa® Account Updater, which helps simplify updates to automatic debits set on your debit card. For more information or to opt out please visit https://www.hillsbank.com/visa-account-updater or contact us by phone.

Truth in Savings Disclosures

FREE CHECKING ACCOUNT

No minimum balance requirements.

Fees - There are no service charges associated with this account.

STUDENT CHECKING ACCOUNT
No minimum balance requirements.

Qualification:  Post-secondary student status will be verified by a school ID, acceptance letter or school issued email address.  The account will convert to a Free Checking account six years after the account is opened.

Fees - There are no service charges associated with this account.

UI STUDENT ACCOUNT

Must be a University of Iowa student. Account converts to a Free Checking account when the student is no longer enrolled at the University of Iowa.

No minimum balance requirements.

Fees -  There are no service charges associated with this account.

GO! CHECKING ACCOUNT

For individuals age 17 and under. When the primary owner reaches age 18 the account converts to Free Checking. A parent or guardian is required as an account owner.

No minimum balance requirements.

Fees - There are no service charges associated with this account.

GOLD CHECKING ACCOUNT – Click for Deposit Rates

Rate Information – Your interest rate and annual percentage yield may change.

Frequency of Rate Change – We may change the interest rate on your account at any time. Determination of Rate – At our discretion, we may change the interest rate on your account.

Compounding and Crediting Frequency – Interest will be compounded every month. Interest will be credited to your account every month. If you close your account before interest is credited, you will receive the accrued interest.

Minimum Balance to Avoid Imposition of Fees – A service charge of $9.00 (subject to sales tax) will be imposed every monthly statement cycle unless the $1,000.00 minimum daily balance or combined daily deposit balance of $5,000.00 on the statement date. (Combined relationship balances are based on banking relationships of the first person listed on this account, who may be listed on other accounts as an owner, joint owner, or sole proprietor.) Fees may reduce earnings.

Daily 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. The daily balance that we use when calculating interest is the collected balance. That means that we only include those funds for which we have actually received payment when we determine the daily balance on which interest is paid.

Accrual of Interest on Noncash Deposits – Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

FRIENDS CLUB CHECKING ACCOUNT – Click for Deposit Rates

For customers age 50 or better who join Friends Club. In order to qualify for Friends Club, you must maintain $10,000 or more in deposit account balances.

Rate Information – Your interest rate and annual percentage yield may change.

Frequency of Rate Change – We may change the interest rate on your account at any time. Determination of Rate – At our discretion, we may change the interest rate on your account.

Compounding and Crediting Frequency – Interest will be compounded every month. Interest will be credited to your account every month. If you close your account before interest is credited, you will receive the accrued interest.

Daily 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. The daily balance that we use when calculating interest is the collected balance. That means that we only include those funds for which we have actually received payment when we determine the daily balance on which interest is paid.

Accrual of Interest on Noncash Deposits – Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Fees - There are no service charges associated with this account. If account owners are no longer members of Friends Club, the account will convert to Free Checking.

HIGH INTEREST CHECKING ACCOUNT – Click for Deposit Rates

Rate Information – Your interest rate and annual percentage yield may change.

Frequency of Rate Change – We may change the interest rate on your account at any time.

Determination of Rate – At our discretion, we may change the interest rate on your account. If you make deposit(s) greater than or equal to

$1,000.00 and 25 debits/withdrawals that have cleared during your monthly statement cycle (transfers do not count), your account will earn an interest rate and Annual Percentage Yield (APY) (see deposit rates) on balances up to $10,000.00 and your monthly basic fee of $10.00 (plus sales tax) will be refunded. Any amount over $10,000.00 will earn the interest rate and APY (see deposit rates) in effect at that time. If you do not meet the requirements identified above, the entire balance will earn the interest rate and APY (see deposit rates) in effect at that time.

Limitations on Rate Changes – There are no maximum or minimum interest rate limits for this account.

Compounding and Crediting Frequency – Interest will be compounded every month. Interest will be credited to your account every month. If you close your account before interest is credited, you will receive the accrued interest.

Daily Balance Computation Method – We use the daily balance method to calculate the interest on your account. This method applies the daily periodic rate to the principal in the account each day. The daily balance that we use when calculating interest is the collected balance. That means that we only include those funds for which we have actually received payment when we determine the daily balance on which interest is paid.

Accrual of Interest on Noncash Deposits – Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Fees – A monthly basic fee of $10.00 (plus sales tax), unless refunded as explained in determination of rate. Fees may reduce earnings.

UI EMPLOYEE ADVANTAGE™ CHECKING ACCOUNT – Click for Deposit Rates

Must be an employee of University of Iowa faculty and staff to qualify for the UI Employee Advantage Checking Account. When the customer is no longer employed by the University of Iowa, the account will convert to Free Checking.

Rate Information – Your interest rate and annual percentage yield may change.

Compounding and Crediting Frequency – Interest will be compounded every month. Interest will be credited to your account every month. If you close your account before interest is credited, you will receive the accrued interest.

Daily 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. The daily balance that we use when calculating interest is the collected balance. That means that we only include those funds for which we have actually received payment when we determine the daily balance on which interest is paid.

Accrual of Interest on Noncash Deposits – Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

EMPLOYEE ADVANTAGE™ CHECKING ACCOUNT – Click for Deposit Rates

Must be an employee of a participating company. Contact any offices to determine which companies qualify. When the customer is no longer employed by a participating company, the account will convert to Free Checking.

Rate Information – Your interest rate and annual percentage yield may change.

Frequency of Rate Change – We may change the interest rate on your account at any time. Determination of Rate – At our discretion, we may change the interest rate on your account.

Compounding and Crediting Frequency – Interest will be compounded every month. Interest will be credited to your account every month. If you close your account before interest is credited, you will receive the accrued interest.

Daily 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. The daily balance that we use when calculating interest is the collected balance. That means that we only include those funds for which we have actually received payment when we determine the daily balance on which interest is paid.

Accrual of Interest on Noncash Deposits – Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

GOLD PREMIER MONEY MARKET SAVINGS ACCOUNT – Click for Deposit Rates

Rate Information – Your interest rate and annual percentage yield may change.

Frequency of Rate Change – We may change the interest rate on your account at any time. Determination of Rate – At our discretion, we may change the interest rate on your account.

Compounding and Crediting Frequency – Interest will be compounded every month. Interest will be credited to your account every month. If you close your account before interest is credited, you will receive the accrued interest.

Minimum Balance to Open the Account – You must deposit $15,000.00 to open this account.

Minimum Balance to Obtain the Annual Percentage Yield – You must maintain a minimum balance of $15,000.00 in the account each day to obtain the disclosed annual percentage yield.

Daily 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. The daily balance that we use when calculating interest is the collected balance. That means that we only include those funds for which we have actually received payment when we determine the daily balance on which interest is paid.

Accrual of Interest on Noncash Deposits – Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Transaction Limitations: Transfers from a Gold Premier Money Market Savings account to another account or to third parties by preauthorized, automatic, computer (online banking), or telephone transfer or by check, draft, debit card (if applicable), ACH, or similar order to third parties transfer are limited to six per month.

MONEY MARKET SAVINGS ACCOUNT – Click for Deposit Rates

Rate Information – Your interest rate and annual percentage yield may change.

Frequency of Rate Change – We may change the interest rate on your account at any time. Determination of Rate – At our discretion, we may change the interest rate on your account.

Compounding and Crediting Frequency – Interest will be compounded every month. Interest will be credited to your account every month. If you close your account before interest is credited, you will receive the accrued interest.

Minimum Balance to Obtain the Annual Percentage Yield Disclosed – You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.

Minimum Balance to Avoid Imposition of Fees – A service charge of $10.00 or $8.00 if you choose check safekeeping or estatement, (subject to sales tax) will be imposed every statement cycle if the minimum daily balance in the account falls below $1,000.00 any day of the cycle. Fees may reduce earnings.

Daily 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. The daily balance that we use when calculating interest is the collected balance. That means that we only include those funds for which we have actually received payment when we determine the daily balance on which interest is paid.

Accrual of Interest on Noncash Deposits – Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Transaction Limitations: Transfers from a Money Market Savings account to another account or to third parties by preauthorized, automatic, computer (online banking), or telephone transfer or by check, draft, debit card (if applicable), ACH, or similar order to third parties transfer are limited to six per month.

EMPLOYEE ADVANTAGE™ MONEY MARKET SAVINGS ACCOUNT – Click for Deposit Rates

Must be an employee of a participating company and have an Employee Advantage Checking Account. Contact any offices to determine which companies qualify. When the customer is no longer employed by a participating company, the account will convert to a Money Market Savings Account.

Compounding and Crediting Frequency – Interest will be compounded every month. Interest will be credited to your account every month. If you close your account before interest is credited, you will receive the accrued interest.

Minimum Balance to Obtain the Annual Percentage Yield Disclosed – You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.

Daily 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. The daily balance that we use when calculating interest is the collected balance. That means that we only include those funds for which we have actually received payment when we determine the daily balance on which interest is paid.

Accrual of Interest on Noncash Deposits – Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Transaction Limitations: Transfers from an Employee Advantage Money Market Savings account to another account or to third parties by preauthorized, automatic, computer (online banking), or telephone transfer or by check, draft, debit card (if applicable), ACH, or similar order to third parties transfer are limited to six per month.

INVESTING IN OUR COMMUNITIES MONEY MARKET/INVESTING IN OUR COMMUNITIES BUSINESSMONEY
MARKET – Limited Time Offer
Rate Information- Your interest rate and annual percentage yield may change.
Frequency of Rate Change-We may change the interest rate on your account at any time.
Determination of Rate- At our discretion, we may change the interest rate on your account.
Limitations of Rate Changes – The interest rate will never be less than 0.00%. The interest rate for your account will be guaranteed the
below rates through 1/1/2024.
$0-$14,999.99 - Rate 0% APY- 0%
$15,000-$99,999.99 - Rate 1.50% APY- 1.51%
$100,000-$249,000 - Rate 1.65% APY- 1.66%
$250,000-$499,999 - Rate 1.80% APY- 1.81%
$500,000-$999,999 - Rate 2.05% APY- 2.07%
$1,000,000+ - Rate 2.25% APY- 2.27%
Minimum Balance to Open the Account- You must deposit $15,000 in new money to open this account. New money is funds not
currently in your account at Hills Bank.
Minimum Balance to Obtain the Annual Percentage Yield- You must maintain a minimum balance of $15,000 in the account each day to
obtain the disclosed annual percentage yield. You will earn interest for every day during the period that your account equals or exceeds
the minimum daily balance requirement. This account must be opened with new money and all deposits must be new money. New
money is funds not on deposit in your account(s) at Hills Bank.
Daily 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. The daily balance that we use when calculating interest is the collected
balance. That means that we only include those funds for which we have actually received payment when we determine the daily balance
on which interest is paid.
Compounding and Crediting Frequency- Interest will be compounded every month. Interest will be credited to your account every month.
If you close your account before interest is credited, you will receive the accrued interest.
Accrual of Interest on Noncash Deposits- Interest begins to accrue no later than the business day we receive credit for the deposit of
noncash items (for example, checks).
Transaction Limitations- Transfers from an Investing In Our Communities MoneyMarket Savings account to another account or to third
parties by preauthorized, automatic, computer (online banking), or telephone transfer or by check, draft, debit card (if applicable), ACH,
or similar order to third parties transfer are limited to six per month.
Only new money may be deposited into this account.We reserve the right to at any time require not less than 7 days notice in writing
before any withdrawal from an interest bearing account.
Additional Information Regarding Your Account- This account must be opened with new money. Investing In Our CommunitiesMMA is
offered for a limited time. This account will be effective through 01/01/2024 and on 01/02/2024 it will change to a Gold PremierMMA.

GOLD SAVINGS ACCOUNT – Click for Deposit Rates

Rate Information – Your interest rate and annual percentage yield may change.

Frequency of Rate Change – We may change the interest rate on your account at any time. Determination of Rate – At our discretion, we may change the interest rate on your account.

Compounding and Crediting Frequency – Interest will be compounded every quarter. Interest will be credited to your account every quarter. If you close your account before interest is credited, you will receive the accrued interest.

Minimum Balance to Open the Account-You must deposit $10,000.00 to open this account.

Minimum Balance to Obtain the Annual Percentage Yield Disclosed – You must maintain a minimum balance of $10,000.00 in the account each day to obtain the disclosed annual percentage yield.

Daily 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. The daily balance that we use when calculating interest is the collected balance. That means that we only include those funds for which we have actually received payment when we determine the daily balance on which interest is paid.

Accrual of Interest on Noncash Deposits – Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Transaction Limitations: Transfers from a Gold Savings account to another account or to third parties by preauthorized, automatic, computer (online banking), or telephone transfer or by check, draft, debit card (if applicable), ACH, or similar order to third parties transfer are limited to six per month.

PENNY SAVERS™ SAVINGS ACCOUNT – Click for Deposit Rates

Designed for children under 12. There is no minimum balance requirement for this account. When the primary account owner reaches age 12, this account will convert to GO! Savings.

Rate Information – Your interest rate and annual percentage yield may change.

Frequency of Rate Change – We may change the interest rate on your account at any time. Determination of Rate – At our discretion, we may change the interest rate on your account.

Compounding and Crediting Frequency – Interest will be compounded every quarter. Interest will be credited to your account every quarter. If you close your account before interest is credited, you will receive the accrued interest.

Daily 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. The daily balance that we use when calculating interest is the collected balance. That means that we only include those funds for which we have actually received payment when we determine the daily balance on which interest is paid.

Accrual of Interest on Noncash Deposits – Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Transaction Limitations: Transfers from a Penny Savers account or to third parties by preauthorized, automatic, computer (online banking), or telephone transfer or by check, draft, debit card (if applicable), ACH, or similar order to third parties transfer are limited to six per month. Fees: There are no service charges associated with this account.

GO! SAVINGS ACCOUNT – Click for Deposit Rates

For individuals age 17 and under. When the primary owner reaches age 18, the account converts to Regular Savings. A parent or guardian is required as an account owner.

Rate Information – Your interest rate and annual percentage yield may change.

Frequency of Rate Change – We may change the interest rate on your account at any time. Determination of Rate – At our discretion, we may change the interest rate on your account.

Compounding and Crediting Frequency – Interest will be compounded every quarter. Interest will be credited to your account every quarter. If you close your account before interest is credited, you will receive the accrued interest.

Daily 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. The daily balance that we use when calculating interest is the collected balance. That means that we only include those funds for which we have actually received payment when we determine the daily balance on which interest is paid.

Accrual of Interest on Noncash Deposits – Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Transaction Limitations: Transfers from a GO! Savings account or to third parties by preauthorized, automatic, computer (online banking), or telephone transfer or by check, draft, debit card (if applicable), ACH, or similar order to third parties transfer are limited to six per month. Fees: There are no service charges associated with this account.

FREE SAVINGS ACCOUNT – Click for Deposit Rates

Daily 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. The daily balance that we use when calculating interest is the collected balance. That means that we only include those funds for which we have actually received payment when we determine the daily balance on which interest is paid.

Accrual of Interest on Noncash Deposits – Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Transaction Limitations: Transfers from a Free Savings account or to third parties by preauthorized, automatic, computer (online banking), or telephone transfer or by check, draft, debit card (if applicable), ACH, or similar order to third parties transfer are limited to six per month. Fees: There are no service charges associated with this account.

EMPLOYEE ADVANTAGE™ SAVINGS ACCOUNT – Click for Deposit Rates

At least one account owner must be an employee of a participating company and have an Employee Advantage account or UI Employee Advantage Checking account. Contact any offices to determine which companies qualify. When account owner is no longer employed by a participating company, the account will convert to Free Savings.

Rate Information – Your interest rate and annual percentage yield may change.

Frequency of Rate Change – We may change the interest rate on your account at any time. Determination of Rate – At our discretion, we may change the interest rate on your account.

Compounding and Crediting Frequency – Interest will be compounded every quarter. Interest will be credited to your account every quarter. If you close your account before interest is credited, you will receive the accrued interest.

Daily 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. The daily balance that we use when calculating interest is the collected balance. That means that we only include those funds for which we have actually received payment when we determine the daily balance on which interest is paid.

Accrual of Interest on Noncash Deposits – Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

Transaction Limitations: Transfers from a Free Savings account or to third parties by preauthorized, automatic, computer (online banking), or telephone transfer or by check, draft, debit card (if applicable), ACH, or similar order to third parties transfer are limited to six per month. Fees: There are no service charges associated with this account.

SAVERS CLUB ACCOUNT - Click for Deposit Rates

Deposit Requirement – Available deposit plans range from $5.00 to $125.00 weekly deposits, in $5.00 increments (or the equivalent thereof). Deposits are made by automated funds transfer from another Hills Bank deposit account.

Meet or exceed the balance equivalent of 50 weekly deposits based upon the plan selected and Hills Bank will make an additional bonus deposit into your account. Your account term ends on the last day of the eleventh month following the month in which your account was opened.

GOALS ACCOUNT

Account Information - The owner of the Online Banking ID under which the Goals account was created will be the owner of the Goals account and will have the sole ability to see and transact on the Goals account. This ownership may not be the same as the ownership of the account from which funds are transferred (the “Funding Account.”). The Goals account cannot be jointly owned. You may only view the balance of the Goals account and the statements from Online Banking.

The Goals account is intended for personal, family, or household purposes. You may not own more than 20 Goals accounts with Hills Bank.

Minimum and Maximum Balance Requirements - The minimum balance to open is zero. The maximum balance is $50,000.00. We may change the minimum and maximum balance requirement at any time without prior notice to you. The maximum balance permitted in the aggregate for all of your Goals accounts with Hills Bank is $50,000.00.

Fees - There are no fees to open, transfer, maintain or close the Goals account. Interest - No interest will be paid on this account.

Transfer Information - Funds can only be transferred from Hills Bank accounts for which you have online withdrawal rights. The following transfer restrictions apply and may be changed by us at any time without prior notice to you:

• Minimum transfer amount to and from your Goals account: $1.00.

• Maximum transfer amounts to and from your Goals account:

  • $50,000.00 per transaction;

  • $50,000.00 per day; and

  • $50,000.00 per month.

Transaction limitations for the Funding Account will apply. The following transfer restrictions apply for all of your Goals accounts at Hills Bank:

• Maximum transfer amounts to and from all of your Goals accounts at Hills Bank in one day: $50,000.00; and

• Maximum transfer amounts to and from all of your Goals accounts at Hills Bank in one month: $50,000.00.

You may set up automatic transfers and conduct manual transfers to the Goals account as often as you like. The scheduled transfers will not automatically stop once the goal is reached. You may continue to transact on the Goals account after you reach the goal.

Transfers from the Goals account may only be made to a Hills Bank account for which you have online transaction rights. Withdrawals from the Goals account may not exceed the balance in the Goals account. Checks, ATM, debit cards, ACH or POS transactions will not be issued or authorized for the Goals account.

You will not be able to transfer more than what is available in the Funding Account. However, if you have set up a separate sweep for the Funding Account to cover overdrafts, the system will use the balance from the sweep account to complete the transfer.

Statements and Notices - The statements will post monthly, no later than the 11th day of each month. Statements will only be provided in Online Banking. If you request to withdraw your consent for delivery of electronic documents for the Goals account, we will close your Goals account and transfer the funds as outlined in the “Termination” paragraph below.

Modification and Termination - We may modify the terms and conditions of the Goals account at any time without prior notice to you, unless notice is required by law. We may also terminate the Goals account at any time without prior notice to you, unless notice is required by law. Upon termination of the Goals account by us or you for any reason, any funds held in the Goals account will be transferred back to the Funding Account. If there are multiple Funding Accounts, we will transfer the funds back to the Funding Account whose primary owner is the owner of the Online Banking ID under which the Goals account was created. If the Funding Account is closed, we will mail a check for the balance of the Goals account to the address we have on file for you.