3030                                          LAWS OF MARYLAND                                      Ch. 791

(X) ANY GRACE PERIOD FOR DEPOSITS AND

WITHDRAWALS;

(XI) THE METHOD OF DETERMINING THE BALANCE ON
WHICH INTEREST IS PAID;

(XII) THE MINIMUM LENGTH OF TIME FUNDS MUST
REMAIN ON DEPOSIT TO EARN INTEREST;

(XIII) ANY FEES LEVIED ON INACTIVE ACCOUNTS;

(XIV) ANY PENALTIES FOR THE CLOSING OF AN
ACCOUNT BEFORE A DATE PREVIOUSLY AGREED TO BY THE CUSTOMER;

(XV) ANY OTHER FEES, CHARGES, OR PENALTIES; AND

1. THE ANNUAL RATE OF SIMPLE INTEREST
CURRENTLY IN EFFECT;

2. THE DATES, IF ANY, ON WHICH THE
CURRENT RATE OF INTEREST MAY BE CHANGED, AND THE TERMS AND
CONDITIONS UNDER WHICH EACH SUCCESSIVE INTEREST RATE WILL BE
APPLIED;

3. THE DATE OR POINT IN TIME ON WHICH THE
DEPOSIT BEGINS TO EARN INTEREST;

4. THE METHOD OF DETERMINING THE ACCOUNT
BALANCE ON WHICH INTEREST EARNED IS CALCULATED, INCLUDING THE
METHODS FOR DAY OF DEPOSIT TO DAY OF WITHDRAWAL AND LOW PERIODIC
BALANCE;

5. WHETHER INTEREST IS COMPOUNDED AND
WHERE APPLICABLE, THE PERIOD FOR COMPOUNDING;

6. THE ANNUAL PERCENTAGE YIELD IN 1 YEAR
BASED ON THE RATE OF SIMPLE INTEREST AND COMPOUNDING METHOD;

7. THE DATE OR POINT IN TIME WHEN
INTEREST EARNED IS CREDITED TO THE ACCOUNT;

8. THE AMOUNT OF LOSS OF ACCUMULATED
EARNED INTEREST IF AN ACCOUNT IS CLOSED BEFORE THE DATE ON WHICH
INTEREST IS REGULARLY CREDITED;

9. THE POLICY ON THE AVAILABILITY OF
DEPOSITED FUNDS; AND

10. ANY FEES, CHARGES, OR PENALTIES WHICH
MAY BE APPLIED AND THE CONDITIONS UNDER WHICH THE FEES, CHARGES,
OR PENALTIES MAY BE ASSESSED; AND

(2) (II) The following written notice: