Welcome to 1st Century Bank

Disclosure - Terms and Conditions

For a complete understanding of 1st Century Bank offerings, we encourage you to read the following terms and conditions. For current rate inquiries or other personal assistance, please call us at (800) 405-1109. We look forward to serving you.

Interest-bearing checking accounts are limited to individuals, sole proprietors, nonprofit organizations and governmental units.

Certificates of Deposits
The stated annual percentage yield on your CD Account assumes interest remains on deposit until maturity. A withdrawal prior to maturity will reduce earnings.

Early Withdrawal penalty
When you deposit funds into a 1st Century Bank Certificate of Deposit you agree to maintain the funds in the account for the entire term. You may not make withdrawals or additional deposits to your certificate of deposit prior to maturity. At our discretion, we may permit you to withdraw your funds at times other than maturity. If we do permit you to withdraw funds before maturity, an early withdrawal penalty may be assessed at the time of your withdrawal. You pay no penalty if the withdrawal is made because the depositor dies or is declared legally incompetent. The early withdrawal penalty may exceed the interest you have earned to date and may require us to reduce the original principal balance. The early withdrawal penalty can apply, regardless of the length of time the funds have remained in the account. The penalty is an amount equal to:

Original Maturity	Early Withdrawal Penalty
7 through 30 days 30 through 89 days 90 days through 1 year More than 1 year	All accrued interest One month's interest Three month's interest Six month's interest

Renewal Policy for Certificates of Deposits
If you elect to have your CD Account automatically renew on the maturity date, the term and the maturity date for your renewed certificate of deposit will be listed on the renewal notice.

Automatically Renewable Certificates of Deposits
These certificates of deposit will automatically renew at maturity. You will have a grace period during which you may withdraw funds without penalty. If funds are not withdrawn during the grace period, we will automatically renew the account, as of the maturity date, for a similar maturity at the interest rate then prevailing. If you withdraw the funds during the grace period, the Certificate of Deposit account will stop earning interest as of the maturity date and the account will be closed. For Certificates of Deposit with terms of less than 30 calendar days, the grace period begins at maturity and ends seven business days later. For Certificates of Deposit with terms of 30 days or more, the grace period begins at maturity and ends seven calendar days later.

Money Market and Savings Accounts
You may make six (6) pre-authorized automatic or telephone transfers from your account each month. Additionally, you may not make any withdrawals by check or debit card from a Savings account. A 1st Century Bank Customer Service Representative will be happy to assist you in determining which type of account or accounts will best serve your needs. Pursuant to federal regulation, we reserve the right to require seven (7) days written notice prior to withdrawal or transfer of funds from these accounts.