First American Bank
P.O. Box 0794
Elk Grove, IL 60009-0794

This disclosure contains information about terms, fees, and interest rates for some of the accounts we offer.

Interest Rates and Annual Percentage Yields are current as of April 22, 2018.   For current rate information call (847) 952-3700.

18 Month IRA Variable CD

Rate Information: This account is an interest bearing account. The interest rate on the account is 0.256% with an annual percentage yield of 0.256%.

The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account at any time. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded quarterly and will be credited to the account quarterly.

Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $250.00 in the account each day to obtain the disclosed annual percentage yield.

Limitations: You must deposit $250.00 to open this account.

Time Account Information: Your account will mature in the term of the account as stated in the Certificate of Deposit Agreement. If you withdraw any of the principal before the maturity date we may impose a penalty of 3% of the amount withdrawn. The annual percentage yield assumes interest compounds quarterly and will remain on deposit until maturity. A withdrawal will reduce earnings. This account will automatically renew. You will have 10 calendar days after the maturity date to withdraw funds without penalty.