3032                                          LAWS OF MARYLAND                                      Ch. 791

EXISTING ACCOUNT, IN ADDITION TO ACTUALLY GIVING TO THE MEMBER OR
DEPOSITOR, ON THE OPENING OF THE INTEREST BEARING OR SHARE
ACCOUNT AND, LATER, OR ON DEMAND OF THE MEMBER OR DEPOSITOR;

(I) WRITTEN NOTICE OF;

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

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

OR DIVIDEND WILL BE APPLIED;

3. THE DATE OR POINT IN TIME ON WHICH THE
DEPOSIT BEGINS TO EARN INTEREST OR SHARES BEGIN TO EARN INTEREST
OR A DIVIDEND;------------------

4. THE METHOD OF DETERMINING THE ACCOUNT
BALANCE ON WHICH INTEREST EARNED OR DIVIDENDS PAID IS CALCULATED,
INCLUDING THE METHODS FOR DAY OF DEPOSIT OR PURCHASE 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 OR DIVIDENDS AND

COMPOUNDING METHOD;----------------------                                         

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

8. THE METHOD OF DETERMINING THE AMOUNT
OF LOSS OF ACCUMULATED EARNED INTEREST OR DIVIDENDS IF AN

ACCOUNT IS CLOSED BEFORE THE DATE ON WHICH INTEREST OR DIVIDENDS
IS ARE REGULARLY CREDITED;

9. THE POLICY ON THE AVAILABILITY OF
DEPOSITED FUNDS OR SHARES; 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

(II) THE FOLLOWING WRITTEN NOTICE;

"UNDER MARYLAND LAW, ALL FUNDS REMAINING IN THIS INTEREST
BEARING OR SHARE ACCOUNT BECOME THE PROPERTY OF THIS STATE
AFTER THE ACCOUNT HAS BEEN INACTIVE FOR 5 YEARS AND NOTICE IS
SENT TO THE MEMBER OR DEPOSITOR AT THAT MEMBER'S OR DEPOSITOR'S
LAST KNOWN ADDRESS. THIS ACCOUNT WILL BE CONSIDERED INACTIVE IF
THE MEMBER OR DEPOSITOR HAS NOT; (1) INCREASED OR DECREASED THE
AMOUNT IN THE ACCOUNT; (2) PRESENTED THE PASSBOOK OR OTHER
SIMILAR EVIDENCE OF THE ACCOUNT FOR THE CREDITING OF INTEREST OR