Some frequently asked questions:

• How do I open a Grand Yield Savings Direct Account?
• Can I fund my new account with a check?
• How do I know when my account is open?
• When will I be able to see my account online?
• How do I access my money?
• How do I make deposits into Grand Yield Savings Direct?
• How often will I receive a statement?
• Can I set up a joint account holder to my account?
• How do you calculate interest?
• Do I need to be a US citizen to apply for a Grand Yield Savings Direct Account?
• Why can't I open this account at a branch?
• Is Grand Yield Savings Direct FDIC insured?

Q: How do I open a Grand Yield Savings Direct Account?
A: Opening a Grand Yield Savings Direct account is quick, easy and convenient. You will need to be properly identified (as required by Federal law) by providing certain personal information and by answering a series of questions (for security purposes only). You must have a valid government-issued photo identification, (current driver's license or non-driver's identification card) a US address, and a personal checking account in a US Bank. In a few steps, you can open your account online by clicking on "apply today" button on www.grandyielddirect.com.

Q: Can I fund my new account with a check?
A: Absolutely. There is an option available in the online application process to make your initial deposit by mailing a check.

Q: How do I know when my account is open?
A: For security reasons, opening a Grand Yield Savings Direct account involves the following steps:

1. Completing the online application and selecting an initial funding option (ACH Debit or Deposit by Mail).
2. Once your application is completed and approved, we must then receive the initial funding amount (as indicated in your application) from your external checking account (if you fund via ACH debit), or when we complete the processing of the check you have mailed to us.
3. You will receive a welcome letter by mail to notify you of your account's open status.

Q: When will I be able to see my account online?
A: After approval of your application, you must sign up for Online Banking (at no cost to you) in order to view your Account, to make transactions, and to conduct your banking and communications on your account electronically.

Q: How do I access my money?
A: The personal checking account that you use to make your initial ACH deposit can be your linked (External Funding) account by separately signing up for this feature at www.theapplebank.com. Logon to our website so that you may transfer funds electronically between your linked account and your Grand Yield Savings Direct account.

Q: How do I make deposits into Grand Yield Savings Direct?
A: You may use the Deposit-by-Mail feature to mail in a check at any time. Additionally, deposits may be made online through the external transfer function associated with your secure account information. Deposits pass between your linked account and Grand Yield Savings Direct via the Automated Clearing House (ACH).

Q: How often will I receive a statement?
A: With Grand Yield Direct, you can see all of your balance information and transaction history online at any time. Statements are mailed monthly if there is account activity and quarterly if no activity.

Q: Can I set up a joint account holder to my account?
A: Yes. Both joint applicants simply provide the personal information necessary to identify themselves (as required by Federal law); answer a series of questions (for security purposes only) and fund the account via ACH or by personal check.

Q: How do you calculate interest?
A: Interest on the Grand Yield Savings Direct account is compounded daily and credited to your account each month. Interest is earned on daily balances of $1.00 or more at the following tiers: $1.00 - $24,999.99, $25,000.00 - $49,999.99, $50,000.00 - $99,999.99, and $100,000 or more. At present, the stated APY applies to all tiers. For more details, please see the account disclosure.

Q: Do I need to be a US citizen to apply for a Grand Yield Savings Direct Account?
A: No. Accounts are available to all US persons and permanent US resident aliens.

Q: Why can't I open this account at a branch?
A: In order to offer you the best possible rate, we are limiting account opening on the Grand Yield Savings Direct account to the internet.

Q: Is Grand Yield Savings Direct FDIC insured?
A: Yes, to the maximum allowed by law. Deposits are FDIC insured up to $100,000 per qualifying ownership. Individual and joint accounts are insured separately, so if you have both types of accounts with us, your total deposits can be insured up to $200,000; that is up to $100,000 in all of your individual accounts and up to an additional $100,000 in your joint accounts.