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					     PERSONAL & BUSINESS BANKING




ACCOUNT
DISCLOSURES
& FEE SCHEDULE




               • Funds Availability Policy
               • Disclosure on
                 Account Terms
               • Savings Account Terms
               • Checking Account Terms
               • Fee Schedule




   www.waynesavings.com
TABLE OF CONTENTS
Information About our Deposit Accounts  .  .  .  .  .  .  .  .  .  . 3

Funds Availability Policy  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 3
  Special Rules for New Accounts  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 4
  Longer Delays May Apply .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 4
Disclosure on Account Terms  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 5
Savings Accounts .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 5
   Statement Savings Account  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 5 - 6
   Passbook Savings Account  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 6 - 7
   Passbook Loans  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 7
   Student Savings Account  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 7 - 8
   Christmas Club  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 8 - 9
Checking Accounts  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 10
  Free/Student Checking .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 10
  Interest Checking  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 10 - 11
  Simply 50 Checking  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 11 - 12
  Money Market Investor Checking .  .  .  .  .  .  .  .  .  .  . 12 - 13
  Transaction Limits on Accounts  .  .  .  .  .  .  .  .  .  .  .  . 13 - 14
Checking with Interest Rules & Regulations  .  .  . 15 - 18
Electronic Fund Transfer Terms & Conditions  .  . 18 - 23
   Customer Agreement  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 23 - 25
Business Accounts  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 25
  International ACH Transactions .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 25
  Regulation GG - Internet Gambling  .  .  .  .  .  .  .  .  . 25 - 26
  Basic Business Checking .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 26
  Commercial Checking  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 26 - 27
  Non-Profit Checking  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 27
Fee Schedule  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 28 - 30
   Online Banking  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 31
   Online Bill Pay  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 31
   Telebanker  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 31
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   Information About Our Deposit Accounts
This brochure describes many important features and
terms of some of our deposit accounts . In this brochure,
the words “you” and “yours” mean those who own, sign
as applicants, or any authorized user(s) of the follow-
ing accounts .The words “we,” “us,” and “our” mean the
Bank . Must be 16 years or older to qualify for any Wayne
Savings checking account plan .

   Funds Availability Policy
This disclosure contains information about your
ability to withdraw non-cash deposits (mainly checks)
deposited to your accounts .
Our policy is to make funds from your deposit 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 they are
available, you can withdraw the funds in cash and we will
use the funds to pay checks that you have written .
For determining the availability of your deposits, every
day is a business day, except Saturdays, Sundays and
federal holidays . If you make a deposit before 2PM 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 2PM or on a day we are not open, we
will consider that the deposit was made on the next
business day we are open .
Accounts such as regular savings accounts, money
market deposit accounts and time deposit accounts
(CD’s) are not covered under the Funds Availability
Policy . Holds are placed on these accounts on a case
by case basis, and not to exceed the ninth business day
after the day of your deposit .
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 described
elsewhere in this disclosure for the type of check that
you deposited .
                                                           3
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 into your account
will be available on the day we receive the deposit . Funds
from deposits of cash, wire transfers, and the first $5,000
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
$5,000 will be available on the ninth business day after
the day of your deposit . If your deposit of these checks
(other than U .S .Treasury check) is not made in person
to one of our employees, the first $5,000 will not be
available until the second business day after the day of
your deposit .
Longer Delays May Apply
In some cases, we will not make all of the funds that you
deposit by check available to you on the first business
day after the day of your deposit . Depending on the type
and amount of the check that you deposit, funds may
not be available until the sixth business day after the day
of your deposit . However, the first $100 of your deposit
will be available on the first business day .
If we are not going to make all of the funds from your
deposit available on the first business day, 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 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 .
In addition, funds you deposit by check may be delayed
for a longer period under the following circumstances:

4
	 • We believe a check you deposit will not be paid .
	 • You deposit checks totaling more than $5,000
    on any one day .
	 • You redeposit a check that has been
    returned unpaid .
	 • You have overdrawn your account repeatedly in
    the last six months .
	 • There is an emergency, such as failure of
    communications or computer 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 ninth business day after the
day of your deposit .
IN THE EVENT OF A DISASTER, WAYNE SAVINGS
RESERVES THE RIGHT TO LIMIT CASH WITHDRAWALS.

   Disclosure On Account Terms
This disclosure contains information about terms, fees,
and interest rates for some of the accounts we offer .
Electronic activity requires a statement account (as
per Reg . E); electronic transactions include, but are not
limited to, ATM access, direct deposit,TeleBanker, bill
payment, and overdraft protection .

Funds from all other check deposits will be available on
the ninth business day after the day of your deposit .

   Savings Accounts
Online Banking & E-Statements available on all
statement savings accounts . Only Online Banking
inquiries available for passbook and student savings
accounts .
Statement Savings Account
• Interest Rate - Variable rate .
• Minimum $50 to open .
• No service fee, unless balance falls below $50, then
  a $5 monthly service fee applies .

                                                             5
• $100 minimum balance to earn the annual
  percentage yield .
• Your annual percentage yield and interest rate may
  change . At our discretion, we may change the
  interest rate on your account any time . Such rate
  change is determined solely by Wayne Savings, and is
  based upon prevalent money market rates, our cost
  of funds and earnings on assets .
• Interest begins to accrue on the business day of
  your deposit .
• Interest is compounded and paid quarterly . If you
  close your account before interest is credited,
  interest is paid to the date of withdrawal . Any
  withdrawal of interest could affect the APY .
• Periodic statements .You will get a monthly
  account statement (unless there are no electronic
  transactions in a particular month . In any case you
  will get the statement at least quarterly) .
• We use the daily balance method to calculate the
  interest on your account .This method applies a
  periodic daily rate to the principal in the account
  each day, provided a $100 balance is maintained .
• Deposits and withdrawals can be made in any
  amount at any time . All funds withdrawn must be on
  collected balances . (See Transaction Limits)
• Overdraft Protection available to cover overdrafts on
  Wayne Savings Checking accounts .
• ATM service available . (See Fee Schedule)
• Transaction restrictions apply .

Passbook Savings Account
• Interest Rate - Variable rate .
• Minimum $50 to open .
• No service fee, unless balance falls below $50, then
  a $5 monthly service fee applies .
• $100 minimum balance to earn the annual
  percentage yield .
• Your annual percentage yield and/or interest rate

6
   may change at our discretion, anytime . Such rate
   change is determined solely by us, and is based upon
   prevalent money market rates, our cost of funds and
   earnings on assets .
• Interest begins to accrue on the business day of
  your deposit .
• No electronic debits .
• Interest is compounded and paid quarterly . If you
  close your account before interest is credited,
  interest is paid to the date of withdrawal . Any
  withdrawal of interest could affect the APY .
• 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
  providing a $100 balance is maintained .
• Deposits and withdrawals can be made in any
  amount at any time . All funds withdrawn must be on
  collected balances .

Passbook Loans
• A loan secured with your savings account, passbook
  or certificate of deposit .
• Rate is 3% above the interest rate being paid on your
  savings account or certificate .
• Interest payments are due quarterly .
• Principal payments can be made at the borrower’s
  discretion .
• You can borrow up to 90% of the value of your
  savings account or certificate .

Student Savings Account
• Interest Rate - Variable rate .
• No fees .
• $5 minimum to open account .
• $10 minimum to earn the annual percentage yield .
• Your annual percentage yield and interest rate may
  change . At our discretion, we may change the
  interest rate on your account any time . Such rate

                                                          7
    change is determined solely by Wayne Savings and is
    based upon prevalent money market rates, our cost
    of funds and earnings on assets .
• Interest begins to accrue on the business day of
  your deposit .
• Interest is compounded and paid quarterly . If you
  close your account before interest is credited,
  interest is paid to the date of withdrawal . Any
  withdrawal of interest could affect the APY .
• 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,
  providing a $10 balance is maintained .
• Deposits and withdrawals can be made in any
  amount at any time . All funds withdrawn must be on
  collected balances .
• Student Savings Accounts are for those up to
  age 18 . On the 18th birthday, the account will be
  converted to a Wayne Savings Statement Savings
  Account . All Statement Savings Account rules will
  apply .
• Transaction restrictions may apply .
• Periodic Statements .You will get a monthly
  account statement (unless there are no electronic
  transactions in a particular month . In any case you
  will get the statement at least quarterly) .
Christmas Club

• Club plans available in varied denominations . Deposits
  to be made weekly for 50 consecutive weeks .
• Early close fee applies . (See Fee Schedule)
• Interest paid at maturity if goal is met .
• If all 50 deposits aren’t made before the disclosed
  date, interest is forfeited .




8
• We use the daily balance method to calculate the
  interest earned on your account . This method
  applies a daily periodic rate to the principal in the
  account each date providing a $100 balance is
  maintained .
• Your annual percentage yield and interest may
  change . At our discretion, we may change the
  interest rate on your account any time . Such rate
  change is determined solely by Wayne Savings and
  is based upon prevalent money market rates, our
  cost of funds and earnings on assets .
• You earn the same variable interest rate and APY
  as Passbook or Statements Savings Accounts .

  INTEREST SCHEDULE
  The following are tier levels based on deposits in
  each account . Additional disclosures concerning
  the interest rate and annual percentage rate are
  found on current rate schedules .


  Account Name          Minimum Balance Required

 Statement Savings      $100 - $2,499         $2,500+

  Student Savings
                         $10 - $2,499         $2,500+
     Account
     Passbook
                        $100 - $2,499         $2,500+
     Account

Please see a current Wayne Savings rate schedule or
visit our website: www.waynesavings.com.

  Interest on all savings accounts is calculated based on
  365 day factor . APY reflects interest credits remaining
  on account one full year . Any withdrawal of interest
  could affect the APY . Company does not provide rate
  ceilings or floors on any savings investment . Monthly
  fees could reduce your earnings .



                                                             9
     Checking Accounts
Online Banking, Online Bill Pay and E-Statements
available on all Checking Accounts (Bill Pay is not
available on Money Market Investor Checking and
Student Checking) .
Free and Student Checking
• No monthly maintenance fee .
• $25 minimum balance to open .
• Non-interest bearing .
• Statement sent monthly .
• First order of specialty checks through Wayne Savings
  is free .
• For $3 monthly fee, check images will be sent with
  monthly statement . (This option not available with
  Student Checking .)
• Overdraft Protection available through Wayne Savings
  Statement Savings Accounts, Money Market Investor
  Checking Account or Line of Credit Overdraft
  Protection Account .
• Check Cards and ATM service available . (Cosigner
  required for Check Cards or ATM service if account
  holder is under 18 .) See fee schedule .
• Student checking available for students 16 or older .

Interest Checking
• Variable Rate .
• $100 minimum balance to open .
• Monthly maintenance fee of $10 when $1,000
  minimum balance is not met .
• $1,000 minimum balance to earn the annual
  percentage yield .
• $2,500 balance required to earn higher APY .
• Your annual percentage yield and interest rate may
  change . At our discretion, we may change the
  interest rate on your account at any time . Such rate
  change is determined solely by Wayne Savings and is
  based upon prevalent money market rates, our cost

10
   of funds and earnings on assets .
• Interest begins to accrue on the business day of your
  deposit .
• Interest is compounded monthly and credited on the
  cycle date . If you close your account before interest is
  credited, interest is paid to the date of withdrawal .
  Any withdrawal of interest could affect the APY .
• We use the daily balance method to calculate interest
  on your account .This method applies a daily periodic
  rate to the principal in the account each day,
  providing a $1,000 balance is maintained .
• Unlimited check writing on collected balances .
• Deposits can be made in any amount at any time .
• Statement and check images sent monthly .
• Overdraft Protection available through Wayne Savings
  Statement Savings Accounts, Money Market Investor
  Checking Account or Line of Credit Overdraft
  Protection Account .
• Check Cards and ATM service available .
  (See fee schedule .)

Simply 50 Checking
• No monthly maintenance fee .
• Interest Rate - Variable Rate .
• $100 to open and $1,000 minimum balance to earn
  the annual percentage yield paid on Wayne Savings
  Interest Checking Accounts .
• Your annual percentage yield and interest rate may
  change . At our discretion, we may change the interest
  rate on your account at any time . Such rate change is
  determined solely by Wayne Savings and is based
  upon prevalent money market rates, our cost of
  funds and earnings on assets .
• Interest begins to accrue on the business day of your
  deposit .
• Interest is compounded monthly and credited on the
  cycle date . If you close your account before interest
  is credited, interest is paid to the date of withdrawal .

                                                         11
     Any withdrawal of interest could affect the APY .
• We use the daily balance method to calculate interest
  on your account .This method applies a daily periodic
  rate to the principal in the account each day,
  providing a $1,000 balance is maintained .
• Unlimited check writing on collected balances .
• Deposits can be made in any amount at any time .
• Statement and check images sent monthly .
• Free Specialty checks through Wayne Savings .
• Overdraft Protection available through Wayne Savings
  Statement Savings Accounts, Money Market Investor
  Checking Account or Line of Credit Overdraft
  Protection Account .
• Check Cards and ATM service available .
  (See fee schedule .)
• Age 50 and over .

Money Market Investor Checking (MMI)
• Interest Rate - Variable rate .
• $2,500 minimum balance to open and earn current
  money market rate and stated annual percentage
  yield . Account earns a competitive interest rate for
  any day the balance falls below $2,500 .
• Monthly maintenance fee of $10 when $2,500
  minimum balance is not met .
• Your annual percentage yield and interest rate may
  change . At our discretion, we may change the
  interest rate on your account at any time . Such rate
  change is determined solely by Wayne Savings and is
  based upon prevalent money market rates, our cost
  of funds and earnings on assets .
• Interest begins to accrue on the business day of
  your deposit .
• Checks written from MMI accounts are limited to
  six (6) per month – if six (6) are written, no
  other electronic transactions are permitted
  during the same monthly period . Interest begins


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     to accrue on the business day of your deposit .
     (See Transaction Limits)
  • Deposits and withdrawals can be made in any
    amount at any time . All funds withdrawn must be
    on collected balance .
  • Interest is compounded monthly and credited on
    the cycle date each month . If you close your
    account before interest is credited, interest is paid
    to the date of withdrawal . Any withdrawal of
    interest could affect the APY .
  • ATM card available .

     The following are tier levels based on deposits in
     each account . Additional disclosures concerning the
     interest rate and annual percentage rate are found on
     current rate schedules .

Account Name                 Minimum Balance Required

   Interest          $1000
                                           $2,500+
   Checking         - $2,499

  Money Market       $0 -       $2,500     $10,000
                                                      $25,000+
Investor Checking   $2,499     - $9,999   - $24,999

     Please see a current Wayne Savings rate schedule
     for annual percentage yields and interest rates.


     SECTION NOTE:
     Interest on all checking accounts is calculated based
     on a 365 day factor . Any withdrawal of interest could
     affect the APY . Company does not provide rate
     ceilings or floors on any savings investment . Monthly
     fees could reduce your earnings .

  Transaction Limits on Statement Savings
  Accounts and Money Market Accounts
  Banking regulations restrict certain transactions and
  limitations on Statement Savings and Money Market
  (MMI) accounts . Only six combined transactions are
  permitted per month:

                                                          13
• Checks written from MMI accounts are limited to six
  (6) per month – if six (6) are written, no other
  electronic transactions are permitted during the
  same monthly period .
• Combined total of checks written and electronic
  transactions may not exceed six (6) during that same
  monthly period .

Electronic Transfers Include:
• Automatic payments/electronic transfers .
• Overdraft protection .
• TeleBanker (or other telephone) transfers from
  Statements Savings or MMI to another account .
• Regulation D charge of $10 per item in excess of
  six per month .

     NOTE: Two warnings will be issued . If limit is
     exceeded a third time, the account will lose its
     interest bearing status . Regulations do not permit the
     account to be returned to an interest earning status .

Unlimited Transactions from Statement Savings
and Money Market Accounts Include:
• Deposits by any method .
• Withdrawals and transfers to another account made
  in person or by mail .
• Withdrawals and transfers at ATMs .
• Telephone withdrawals requesting a check to be
  mailed to you .
• Transfers from an account to make a Wayne Savings
  regular loan payment .

     NOTE: Checking accounts have unlimited use of
     automatic payments,TeleBanker transfers, and
     Debit Card transactions .




14
   Checking with Interest Rules and Regulations
All depositors establishing checking accounts entitling
them to make withdrawals by negotiable orders of
withdrawal, which for convenience are hereinafter called
Interest Checking, agree to abide by the following rules
and regulations applicable to such Interest Checking:
1 . The provisions of Articles 3 and 4 of the Uniform
    Commercial Code are incorporated herein by
    reference and, unless the context thereof shall
    require otherwise, shall apply to the use of negotiable
    orders of withdrawal relating to this account .
2 . These rules and regulations are subject to and
    supplemented by the provisions of an agreement
    dated September 1, 1988, between this Company,
    The Federal Reserve Bank of Cleveland and the
    Federal Home Loan Bank . Said agreement is entitled
    “Cash Letter Payment Agreement for Negotiable
    Orders of Withdrawal” and prescribes clearing,
    collection and settlement rules and procedures by
    which negotiable orders of withdrawal drawn on
    accounts of the Company shall be processed and
    forwarded to this Company for presentment,
    collection and/or return .
3 . All items cashed or deposited will be handled by the
    Company as agent for the depositor(s) subject to
    charge back or refund if for any reason final payment
    is not received in a form acceptable to the Company .
    If claim is made with respect to any item subsequent
    to final payment on the grounds that such item was
    altered or bore a forged or unauthorized endorse-
    ment or was otherwise not properly payable, the
    Company may withhold the amount thereof from the
    account until final determination of such claim .The
    use of negotiable orders of withdrawal with this kind
    of account is governed by the rules and regulations
    hereinafter set forth, which rules and regulations may,
    from time to time, be amended .
4 . Interest Checking, whether it is in an individual or in
    joint names, is for the use of the depositor(s) only .

                                                          15
5 . The depositor(s) agree to use the forms approved
    by the Company .The Company reserves the right
    to return unpaid any other form of order or any
    order incompletely or defectively drawn .
6 . The depositor(s) are subject to certain charges in
    connection with Interest Checking . A schedule of
    such charges shall be supplied to the depositor(s)
    by the Company when the account is opened . Such
    charges may be changed from time to time by the
    Company which agrees to supply the depositor(s)
    with a revised schedule of charges if any change
    is made .
7 . Statement reflecting account activity, charges are
    associated therewith, and the balance in the account
    and any interest credited for the period covered shall
    be rendered to the depositor(s) at least on a monthly
    basis at the Company’s convenience .
8 . At the risk and written request of the depositor(s)
    the Company will, without responsibility on its part
    so far as it may lawfully limit its liability, accept a
    stop-payment order on an Interest Checking .The
    Company will charge the depositor(s) in connection
    with such stop-payment orders in accordance with its
    current schedule or charges .
9 . All deposits are received and credited by the
    Company subject to final collection . Collected funds
    to cover orders drawn must be on deposit the day
    before an order is presented for payment or payment
    may be refused and a charge applied .
10 . The Company reserves the right, at its sole
     discretion to refuse Interest Checking or further
     deposits in any existing Interest Checking .The
     Company also reserves the right at its sole discretion
     upon prior notice to the depositor(s) to discontinue
     or limit the practice of allowing withdrawals by
     negotiable order of withdrawal, and to terminate
     the deposit relationship at any time upon notice
     to the depositor(s) .



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11 . The Company may give notice to any depositor(s)
     requiring such depositor(s) to withdraw the entire
     amount on deposit in any Interest Checking, or
     any part thereof . Such notice shall also advise the
     depositor(s) that the Company reserves the right
     after date specified in said notice not to make
     payment on any Interest Checking draft drawn on
     such account . After the date so specified, the
     Company shall not be obliged to make any payment
     from such account except for the purpose of
     closing such account .
12 . Deposits in Interest Checking may be withdrawn at
     any time, providing however, that the Board of
     Directors or authorized officers of the Company
     may at any time require a depositor to give written
     notice of his intention to withdraw by the use of an
     Interest Checking the whole or any part of his
     deposit .The Company shall then pay all withdrawals
     requested in accordance with such methods and
     procedures as to amounts and allotments of funds
     for such purposes as provided by applicable law,
     rules and regulations in effect at the date of the
     request for withdrawal .
13 . Rules and Regulations governing the use of Interest
     Checking may be revised or amended by the
     Company at any time, and the Company shall give
     notice of such changes either by (1) posting the
     same in a conspicuous place in the lobby of the
     Company and in other offices it may maintain, or
     (2) sending written notice thereof to all account-
     holders at the more recent address indicated on
     the Company’s records .
14 . The execution of a signature card by the depositor(s)
     upon the opening of this account shall constitute an
     agreement by the depositor(s) to the bylaws of the
     Company and to all of the above regulations as are
     now in effect or hereafter amended .
15 . Earnings on deposits in this account are
     compounded and distributed at such rates and
     times as are fixed by the Board of Directors as

                                                       17
      stated in the Interest Checking schedule of earnings
      and charges . Interest will be paid on this account
      provided the required minimum balance is
      maintained . Any checks drawn on this account or
      charges incurred in connection with this account
      which reduces the balance below this minimum
      will negate the Company’s obligation to pay interest
      for whatever number of days the account balance
      remains below the required minimum .

     Electronic Fund Transfer
     Terms & Conditions
Consumer Liability
Tell us AT ONCE if you believe your VISA Debit Card/
ATM Card or Personal Identification Number (“PIN”)
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 .Tele-
phoning 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) . If you tell
us within 2 business days after you learn of the loss or
theft of your VISA Debit Card/ATM Card or PIN, you
can lose no more than $50 if someone used your VISA
Debit Card/ATM Card or PIN without your permission .
If you do NOT tell us within 2 business days after you
learn of the loss or theft of your VISA Debit Card/ATM
Card or PIN, and we can prove we could have stopped
someone from using your VISA Debit Card/ATM Card
or PIN without your permission if you had told us, you
could lose as much as $500 . Also, if your statement
shows transfers that you did not make, including those
made by card, code or other means, tell us at once . If
you do not tell us within 60 days after the statement
was mailed to you, you may not get back any money
you lost after the 60 days if we can prove that we could
have stopped someone from taking the money if you
had told us in time . If a good reason (such as a long
trip or a hospital stay) kept you from telling us, we will
extend the time periods .


18
Contact in Event of Unauthorized Transfer
If you believe your VISA Debit Card/ATM Card or
PIN has been lost or stolen, call: 330-264-5767 or
800-414-1103 or write:Wayne Savings Community Bank
– Deposit Services, 151 N . Market Street,Wooster, Ohio
44691 .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 .

Business Days
For purposes of these disclosures, our business days
are Monday through Friday, 8 am – 5 pm and Saturday
8 am – 12 pm . Holidays are not included .

Transfer Types and Limitations
Account access .You may use your VISA Debit Card/ATM
Card to:
a) Withdraw cash from your checking or statement
   savings account .
b) Make deposits to your checking or statement
   savings account .
c) Transfer funds between your checking and savings
   account whenever you request .
d) Pay for purchases at places that have agreed to accept
   the VISA Debit Card/ATM .
e) Pay bills by telephone from your checking account in
   the amounts and on the days you request .

   NOTE: Some of these services may not be available
   at all terminals .

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:
a) Pay for purchases .
b) Pay bills .




                                                       19
Limitations on Dollar Amounts of Transfers
a) You may withdraw up to $200 from ATM terminals
   each day .
b) You may purchase up to $500 worth of goods or
   services each day for point-of-sale transactions .
Confidentiality
We will disclose information to third parties about your
account or the transfers you make:
a) Where it is necessary for completing transfers; or
b) In order to verify existence and condition of your
   account for a third party, such as a credit bureau or
   merchant; or
c) In order to comply with government agency or court
   orders; or
d) If you give us your written permission .
Documentation
a) Terminal Transfers. You can get a receipt at the time
   you make any transfer to or from your account using
   one of our ATMs .
b) Pre-authorized Credits. If you have arranged to have
   direct deposits made to your account at least once
   every 60 days from the same person or company, you
   can call us at 330-264-5767 or 800-414-1103 to
   find out whether or not the deposit has been made .
c) Periodic Statements. You will get a monthly account
   statement (unless there are no electronic transfers in
   a particular month . In any case you will get the
   statement at least quarterly) .

Stopping Pre-authorized Payments
If you have told us in advance to make regular payments
out of your account, you can stop any of these payments .
Here’s how:
a) Call us at 330-264-5767 or 800-414-1103, or write
   us at the address on the back of this brochure, in
   time for us to receive your request 3 business days
   or more before the payment is scheduled to be
   made . If you call, we may also require you to put

20
   your request in writing and get it to us within 14 days
   after you call .We will charge you $30 for each
   stop-payment order you give .
b) Notice of varying amounts . If these regular payments
   may vary in amount, the person you are going to pay
   will tell you, 10 days before each payment, when it will
   be made and how much it will be .
c) Liability for failure to stop payment of pre-authorized
   transfer . If you order us to stop one of these
   payments 3 business days or more before the
   transfer is scheduled, and we do not do so, we will be
   liable for your losses or damages .

Financial Institution’s Liability
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 . However, there are some exceptions .We
will not be liable, for instance:
a) If, through no fault of ours, you do not have enough
   money in your account to make the transfer .
b) If the transfer would go over the credit limit on your
   overdraft line .
c) If the automated teller machine where you are
   making the transfer does not have enough cash .
d) If the terminal was not working properly and you
   knew about the breakdown when you started
   the transfer .
e) If circumstances beyond our control (such as fire or
   flood) prevent the transfer, despite reasonable
   precautions that we have taken .
f) There may be other exceptions stated in our
   agreement with you .

ATM Fees
When you use an ATM not owned by Wayne Savings, we
will charge you a $ .50 foreign transaction fee .You may
also be charged a fee by the ATM operator and you may
be charged a fee for a balance inquiry even if you do not
complete a fund transfer .
                                                          21
Error Resolution Notice
In Case of Errors or Questions About Your
Electronic Transfers telephone us at 330-264-5767
or 800-414-1103 or write us at 151 N . Market
Street, Wooster, Ohio 44691 or E-mail us at
depositservices@waynesavings .com as soon as you
can, if you think your statement or receipt is wrong or
if you need more information about a transfer listed
on the statement or receipt . We must hear from you
no later than 60 days after we sent the FIRST
statement on which the problem or error appeared .
a) Tell us your name and account number (if any) .
b) Describe the error or the transfer you are
   unsure about, and explain as clearly as you can
   why you believe it is an error or why you need
   more information .
c) Tell us the dollar amount of the suspected error .

     If you tell us verbally, we may require that you send
     us your complaint or question in writing within 10
     business days .
     We will determine whether an error occurred
     within 10 business days after we hear from you
     and will correct any error promptly . If we need
     more time, however, we may take up to 45 days to
     investigate your complaint or question . If we
     decide to do this, we will credit your account within
     10 business days for the amount you think is in error,
     so that you will have the use of the money during the
     time it takes us to complete our investigation . If we
     ask you to put your complaint or question in writing
     and we do not receive it within 10 business days, we
     may not credit your account .
     For errors involving new accounts, point-of-sale, or
     foreign-initiated transactions, we may take up to 90
     days to investigate your complaint or question . For
     new accounts, we may take up to 20 business days to
     credit your account for the amount you think is in
     error .


22
   We will tell you the results within three business days
   after completing our investigation . If we decide that
   there was no error, we will send you a written expla
   nation .You may ask for copies of the documents that
   we used in our investigation .

Notice About Electronic Check Conversion
When you provide a check as payment, you authorize
us either to use information from your check to make
a one-time electronic fund transfer from your account
or to process the payment as a check transaction .You
authorize us to collect a fee of $30 .00 through an
electronic fund transfer from your account if your
payment is returned unpaid .

1 . Additional Info About Electronic Check Conversion
    When we use information from your check to make
    an electronic fund transfer, funds may be withdrawn
    from your account as soon as the same day you make
    your payment, and you will not receive your check
    back from your financial institution .

   Customer Agreement
1 . The signing of the signature card and/or the request
    for or the use of a Debit/ATM Card shall indicate
    your assent to these Terms and Conditions and to
    any modification thereof . Any such modification shall
    become effective and be binding 15 days after notice
    of the modification is posted in our main office
    except where the Federal Electronic Fund Transfer
    Act provides otherwise .
2 . In the event that you enter into an agreement with
    someone other than us to have direct deposits made
    into your account or to have automatic payments
    made from your account, we will not be obligated to
    you to accept such deposits or to make such
    payments and may at our option reject them unless
    we have received a prenotification regarding such
    deposits or payments .
3 . Final credit of all deposits made by you at a terminal
    is subject to verification by us of the actual amounts
                                                         23
     deposited and paid (including conversion rates for
     foreign currencies), notwithstanding the figure shown
     on the receipt you received at the time of deposit .
     Deposits made at a non-proprietary ATM will be
     verified and credited within 5 business days .
     Withdrawals, however, will be subject to collection
     of actual amounts deposited . Such collection may take
     longer than 5 business days from the date of deposit
     in some cases .
4 . Certain types of deposits, including but not limited
    to checks that are not properly endorsed, cannot
    be accepted at our terminals .We reserve the right
    to reject such deposits .
5 . Each Debit/ATM Card issued by us remains our
    property, is not transferable and may be cancelled
    or revoked by us at any time without notice . In the
    event of cancellation or revocation your card must
    be surrendered to us upon demand . If you attempt
    to use your card after it has been cancelled or
    revoked it will be retained . For your protection,
    your Debit/ATM Card also may be retained in
    situations where it appears to us that there is or may
    be a danger of loss, theft, or unauthorized use .
6 . No transaction that you attempt to initiate will be
    completed if your Debit/ATM Card is damaged, has
    expired, has been cancelled or revoked or is retained
    for any reason or your account has been closed .
7 . You may not be able to use your Debit/ATM Card
    to make withdrawals from your accounts in the
    following cases:
    a) Your checking account is in negative status .
    b) Uncollected funds .
    c) You have reached or your request would exceed
       the withdrawal limits referred to above in
       paragraph 6 of the Basic Disclosure .
8 . We reserve the right at any time and without notice
    (except as may be required by the Federal Electronic
    Fund Transfer Act) to eliminate any or all of the
    services that currently are available to you by use of
    your Debit/ATM Card or to add new services .
24
9 . To the extent applicable, the general Rules and
    Regulations governing your accounts with us also
    apply to your use of your Debit/ATM Card and to
    any electronic fund transfers made from or to your
    accounts .These Terms and Conditions will control,
    however, in the event of any conflict between the
    Rules and Regulations governing, your accounts and
    the provisions of the Terms and Conditions .
10 . These Terms and Conditions are subject to and
     governed by all applicable present and future provisions
     of state, federal laws and regulations and from time
     to time, shall be deemed automatically amended to
     the extent necessary to comply therewith .

   Business Accounts
International ACH Transactions
The bank will abide by ACH rules governing the handling
of International ACH Transactions (IATs) as described in
the following scenarios:
• Outgoing – The bank does not originate its own
  IATs or IATs on behalf of our originating customers .
• Incoming – IAT funds shall not be made available to
  the customer until a successful screening and ap-
  proval process has been performed .

Regulation GG – Internet Gambling
As an officer or owner of an organization, you must
acknowledge that Wayne Savings Community Bank is
required by regulations implementing the Unlawful Inter-
net Gambling Enforcement Act of 2006 and its imple-
menting regulations to perform due diligence in assuring
that its commercial customers’ accounts do not receive
deposits from illegal Internet gambling .
Under Penalties of Perjury, you must agree that the
accounts in any variation of this name or any “doing
business as” name attached to your organization are not
being used in connection to Internet gambling of any
kind . Further, you must agree to notify Wayne Savings
Community Bank in writing immediately if any of your

                                                          25
accounts are used in connection with such activities in
the future .

Basic Business Checking
• No monthly maintenance fee .
• $50 minimum balance to open .
• 200 items monthly free; each additional item is $ .25 .
• Non-interest bearing .
• Statement sent monthly .
• Unlimited check writing privileges .
• Deposits can be made in any amount at any time .
• Higher average balances may qualify for additional
  free items . (call for more information)
• Overdraft Protection available through Wayne Savings
  Statement Savings Accounts, Money Market Investor
  Checking Account or Line of Credit Overdraft
  Protection Account .
• Check cards and ATM service available .
  (See fee schedule .)
• Online Banking, Online Bill Pay and
  eStatements available .

Commercial Checking
• $100 minimum balance to open .
• $10 monthly maintenance fee .
• Per item processing applies: $ .15 paid items; $ .12
  deposited items; $ .25 deposit tickets; $ .10 ACH credit
  and debits .
• Processing fees and monthly maintenance fee can be
  offset with an earnings credit on account balance .
• Unlimited check writing privileges .
• Deposits can be made in any amount at any time .
• Statement and check images sent monthly .
• Overdraft Protection available through Wayne Savings
  Statement Savings Accounts, Money Market Investor
  Checking Account or Line of Credit Overdraft
  Protection Account .

26
• Online Banking, Online Bill Pay and
  eStatements available .

Non-Profit Checking
• Interest Rate - Variable rate .
• $50 minimum balance to open .
• 100 items monthly free; each additional item $ .15 .
• $1,000 minimum balance to earn the annual
  percentage yield .
• $2,500 balance to earn higher APY .
• Your annual percentage yield and interest rate may
  change . At our discretion, we may change the interest
  rate on your account at any time . Such rate change is
  determined solely by Wayne Savings and is based
  upon prevalent money market rates, our cost of
  funds and earnings on assets .
• Interest begins to accrue on the business day of
  your deposit .
• Interest is compounded monthly and credited on the
  cycle date . If you close your account before interest
  is credited, interest is paid to the date of withdrawal .
  Any withdrawal of interest could affect the APY .
• We use the daily balance method to calculate interest
  on your account .This method applies a daily periodic
  rate to the principal in your account each day .
• Unlimited check writing privileges .
• Deposits can be made in any amount at any time .
• Statement and check images sent monthly .
• Overdraft Protection available through Wayne Savings
  Statement Savings Accounts, Money Market Investor
  Checking Account or Line of Credit Overdraft
  Protection Account .
• Check cards and ATM service available .
  (See fee schedule .)
• Online Banking, Online Bill Pay and
  eStatements available .



                                                         27
     Fee Schedule
WRAPPED COIN ORDER - 5% fee per order .

SPECIAL HANDLING
   • $15 per month (two signature requirement, etc .) .

ATM SERVICE CHARGE
	 • $ .50 foreign transaction fee (charged when card is
    used at ATM not owned by Wayne Savings) .
	 • $2 .50 fee for non-customer withdrawals .
	 • ATM lost card $5 .

DEBIT CARD SERVICE CHARGE - $5 lost card fee .

CHECK PRINTING
  • Fee depends on style of check and quantity ordered .

COPIES OF STATEMENTS OR CHECKS - $5 per copy .

CHECKBOOK BALANCING
  • $15 per hour, $15 minimum charge .

DORMANT ACCOUNT CHARGE
  • $5 per month, after 18 months .

ANY LOST BOOK - $5 .

RESEARCH TIME - $20 per hour, $20 minimum charge .

LOAN PAYMENT CHECK RETURNS - $30 .

OVERDRAFT PROTECTION FROM STATEMENT
SAVINGS & MONEY MARKET INVESTOR CHECKING
  • $5 for each non-sufficient fund item .

LINE OF CREDIT OVERDRAFT PROTECTION
   • $5 per advance from line of credit overdraft account,
     plus applicable interest charges .

NON-SUFFICIENT FUNDS (NSF) CHARGE &
OVERDRAFT FEE CHARGE
	 • Fees apply to overdrafts created by checks,
    in-person withdrawals, ATM withdrawals or other
    electronic means (paid or returned) .

28
	 • A $30 non-sufficient funds fee for each item received
    against all insufficient funds (paid or returned) .
	 • Additional fee of $30 per week until overdraft
    balance is corrected .
	 • Excessive overdrafts may result in the account being
    closed, and/or the debit/ATM card being revoked .

RETURN CHECKS DEPOSITED
	 • $30; Foreign Checks $35 .

STOP PAYMENT CHARGE
  • $30 (all items: checking accounts, official checks,
    money orders) .

CHECK CASHING - For customers only .

TRAVELER’S CHECKS - $1 per $100 in purchases .

MONEY ORDERS AND OFFICIAL CHECKS
  • $5 for customers only .

CASHIER’S CHECKS PURCHASES
	 • $5 fee .
	 • Must be drawn from collected funds or cash .

GARNISHMENTS AND LEVIES - $30 .

STOCK RE-REGISTRATION - $15 .

NOTARY SERVICE - $2 for non-customers, per signature .

SIGNATURE GUARANTEE
   • $5 for customers and Wayne Savings stockholders .

WIRE TRANSFER FEE
  • Outgoing $20 within USA .
	 • Incoming $10 .
	 • Foreign Wires $35 .

COIN COUNTING
  • Business coin counting - $5 minimum, $15 per hour .

EARLY CLOSE FEE
  • If account closes within 90 days of opening - $25 .

                                                          29
ITEMS SENT FOR COLLECTION - $20 per item .

KEYED NIGHT DEPOSITORY BAGS - $20 each .

ZIPPERED BAGS - $5 .

ONLINE BANKING INACTIVITY FEE
 • After 6 months of no activity, a $6 fee will be
      assessed per month until the Online Banking
      Service is reactivated or closed .
SAFE DEPOSIT BOXES
  • Safe deposit boxes are available in various sizes at the
     four Wooster offices and the North Canton and
     Creston offices . Sizes and annual fees are listed
     below . Local sales tax applies .
	 • Annual fee must be automatically deducted from a
    Wayne Savings checking or savings account .


                 Size                Annual Fee

               2" X 5"                    $15

               3" X 5"                    $20

               5" X 5"                    $25

              3" X 10"                    $40

              5" X 10"                    $60

             10" X 10"                   $100
	 • Current non-sufficient funds charges apply .
	 • Safe deposit box drilling fee – drilling cost plus $50 .
	 • Safe deposit box delinquent fee - $10 per month until
    account is current .
	 • Lost Key - $25 .00 plus key replacement cost .




30
ONLINE BANKING
Once enrolled in Online Banking you’ll be able to:
	 • Check account balances .
	 • Transfer funds between accounts .
	 • See when checks clear .
	 • Schedule future transfers .
	 • Export account history to Quicken or
    Microsoft Money .
	 • Set up balance notifications .
	 • Access secure on-line forms .
	 • Set up an online stock quotes page to watch
    stock prices .
For information about how to sign up for Online Banking,
go to waynesavings .com or call Wayne Savings . A separate
Online Banking disclosure is part of the enrollment process .

ONLINE BILL PAY
Checking account customers can sign up for Online Bill Pay .
For more information check our website: waynesavings .com
or call us . A separate Online Bill Pay disclosure is part of
the online enrollment process .

TELEBANKER
Our Online Telephone Banking system is at your service
24 hours a day, 7 days a week . Balance your checkbook,
transfer money between your accounts, make your loan
payment – all over the phone, anytime, anywhere, from any
touch tone phone . And, there is no fee for this service .

TeleBanker is available with these accounts:
• Statement Savings, Checking, and Loans – inquiries
   and transactions . Call TeleBanker at 330-264-5408
   or 800-999-7184 .

   NOTE: A separate TeleBanker disclosure will be sent
   after an enrollment form is completed .




                                                          31
                              LOCATIONS


      Wooster                Creston
      151 N. Market St.      121 N. Main St.
      330-264-5767           330-435-6371

      1908 Cleveland Rd.     Lodi
      330-262-5988           303 Highland Dr.
                             330-948-1811
      2024 Millersburg Rd.
      330-264-2563           Millersburg
                             90 N. Clay St.
      543 Riffel Rd.
                             330-674-5085
      330-264-0722
                             North Canton
      Drive Thru
      329 S. Market St.      1265 S. Main St.
      330-264-0471           330-494-5262

                             Rittman
      Ashland
                             237 N. Main St.
      233 Claremont Ave.
                             330-925-4075
      419-289-1961

      1055 Sugarbush Dr.
      419-207-1192

      Drive Thru
      308 Washington St.
      419-281-1630



              www.waynesavings.com




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