PSB-FTSB-Merger-Booklet

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WELCOME TO

Preparing you for your upcoming transition to Farmers Trust and Savings Bank

Welcome

WELCOME TO FARMERS TRUST & SAVINGS BANK We are excited to officially welcome you to Farmers Trust and Savings Bank, and we are grateful for the opportunity to serve you. While our name may be new, our commitment is not. Peoples State Bank of Wells and Farmers Trust and Savings Bank share deep roots in supporting local families, businesses, and the agricultural communities that make our area strong. On March 31st, 2026, Peoples State Bank of Wells officially became part of Farmers Trust and Savings Bank, and beginning April 1st, 2026, the Wells location began operating as FTSB. Although our name has changed, you will continue to see the same familiar faces and receive the same trusted service you rely on today. As we move closer to conversion, this booklet will help guide you through what to expect and help make the transition as easy as possible. Inside you will find important dates, learn how your existing Peoples State Bank of Wells accounts will be transitioned to Farmers Trust and Savings Bank, in addition to other important information. If there are questions you have that are not answered in this booklet, please stop by one of our locations or contact Farmers Trust and Savings Bank. We look forward to building on the strong relationships already established in the community and continuing to support the people, businesses, farms, and communities we serve.

Sincerely,

Doug Leland President and CEO Farmers Trust & Savings Bank

Updated BANKING HOURS LOBBY HOURS: MONDAY-FRIDAY 8:30AM – 3:30PM DRIVE-UP HOURS: MONDAY-THURSDAY 8:00AM – 4:00PM FRIDAY 8:00AM – 5:00PM

CARE FOR OUR CUSTOMERS – Deliver quality products and services in a friendly, professional matter. Look for areas of improvement to remain competitive and responsive to customer needs. Build and maintain long-term customer relationships. CARE FOR OUR EMPLOYEES – Commitment to an inclusive, safe, enjoyable place to work. Collaborate, support, and communicate with coworkers with respect and a cooperative attitude. Demonstrate honesty, accountability, and integrity. CARE FOR OUR COMMUNITIES – Be a responsible community citizen and leader. Positively impact our communities with support and service. CONTRIBUTE TO OUR SUCCESS – Encourage growth, initiative, and enthusiasm to work together for the mutual success of shareholders, employees, and customers. Contribute ideas and solutions. Lead by example. Do the right thing.

Core Values 1

TABLE OF CONTENTS

1 4 5 6 7 8 9

welcome to ftsb

in the community

conversion overview

personal banking services

deposit accounts

savings accounts

banking services

11 12 13 16 17

ag lending

insurance

our locations

fee schedule

disclosures

OUR PHONE NUMBER HAS CHANGED: Wells: 507.801.6155 Please update your contacts & phone book.

Wells

Bricelyn

lake mills

buffalo center

lakota

Locations & Banking Hours

britt

ftsbbank.bank

VISIT US ONLINE www.ftsbbank.bank

EARN A SCHOLARSHIP FTSB believes education is an investment in the future. Through our Earn ‘A’ Scholarship program, we are proud to award a $1,000 scholarship each year to one student from each of the school districts we serve. The scholarship is designed to reward academic achievement and provide support as students begin their freshman year of college. Students from the following school districts are eligible: North Iowa Community School District , Lake Mills Community School District , West Hancock Community School District, and United South Central School District. TEACH A CHILD TO SAVE At FTSB, we believe teaching children about money at an early age helps build confidence and good financial habits for the future. Each year, we partner with local schools through our “Teach a Child to Save” program for third grade students. As part of the program, FTSB employees visit third grade classrooms or students visit one of our bank locations to learn firsthand how a bank works, learn about saving money, setting goals, and basic banking concepts. Local schools we are currently partnered with include North Iowa Community School District , Lake Mills Community School District , West Hancock Community School District, and United South Central School District. CALENDAR CONTEST Each year FTSB coordinates a calendar photo contest as an opportunity for people to show pride for their communities. After photos are submitted, winners are selected by the FTSB Marketing Committee and winning entries are featured in the following year’s FTSB customer calendar. Each winner receives $100 cash.

VETERANS HONOR FTSB sincerely appreciates the men and women who have served and are currently serving in our armed forces. The Veterans Honor Checking account was established by FTSB in 2009 not only to provide financial benefits to the individual account holder, but to also support veteran organizations. Since the inception of the Veterans Honor Checking account, FTSB has donated over $260,000 to veteran organizations throughout northern Iowa and southern Minnesota. In 2025 FTSB donated over $18,000 to Area Veteran organizations. COMMUNITY OUTREACH As Fraud continues to evolve, so does Farmers Trust and Savings Bank. Our newly formed Fraud Department reflects our commitment to staying ahead of emerging threats and protecting those we serve. We have also extended our efforts into the community by providing education, resources and guidance on how to help individuals protect themselves against Fraud, or how to empower them to stay one step ahead. Together, we are building a safer financial future. HEALTH HERO AWARD FTSB was a recipient of the 2025 Health Hero Award from Iowa Bankers Association. The recognition and award highlights FTSB’s commitment to employee wellness. Through our Well-Beivng Committee, we offer our employees programs, activities, and resources that support their physical, mental, and overall well-being. We recognize a healthy team is a strong team, and we’re proud to keep investing in our people every day.

VISIT US ONLINE www.ftsbbank.bank

Supporting our Communities FTSB is proud to invest in the communities we serve. We are committed to investing in our communities by giving back and helping our communities grow, thrive, and succeed.

COMMUNITY EVENTS & SPONSORSHIPS Supporting local events, celebrations, and organizations that bring our communities together.

SCHOOLS & YOUTH PROGRAMS Proudly sponsoring school activities including athletics, fine arts, and educational initiatives.

EMERGENCY SUPPORT Providing annual donations to local emergency services to help support those who protect and serve our communities.

VOLUNTEER IMPACT In 2025, our 45 employees proudly contributed over 6,000 volunteer hours through schools, community events, church activities, and more.

CONVERSION OVERVIEW

SATURDAY, JUNE 27, 2026 Accounts will be transitioned from Peoples State Bank to Farmers Trust & Savings Bank over the weekend. SATURDAY, JUNE 27, 2026 The PSB website will begin to be redirected to FTSB at www.ftsbbank.bank. MONDAY, JUNE 29, 2026 Your accounts will be accessible at: • Any Farmers Trust & Savings Bank location • Online at www.ftsbbank.bank • Through the FTSB Mobile App (Search FTSB Mobile from your device’s App Store) • By using your FTSB Debit Card DIGITAL BANKING First time login instructions will be sent in a separate mailer prior to June 28, 2026. DEBIT CARDS Your Peoples State Bank debit card will be used through Sunday, June 28th, 2026. Starting Monday, June, 29th, you will use your new Farmers Trust & Savings Bank debit card. If you have a Peoples State Bank debit card, you will receive a new FTSB card with detailed set up instructions prior to June 27th. ACCOUNT NUMBERS Checking account number(s) will remain the same in most instances. However, a limited number of account holders can expect to receive a new number due to duplicate account numbers. If your account number changes, we will send this information to you in a separate mailing.

ROUTING NUMBER Farmers Trust & Savings Bank’s routing number is 073907729 .

073907729 0123456 0001

routing number account number check number

DIRECT DEPOSIT Direct deposits set up to your PSB account(s) will convert to FTSB. OTHER AUTOMATIC TRANSACTIONS Accounts that have other automatic incoming and outgoing transactions set up to the account, such as utility payments, cell phone payments, social security income, etc. will convert to FTSB. STATEMENTS Your final PSB statement will print on Friday, June 26, 2026. This may be a partial-month statement, depending on when your statement is typically printed. It also means you may receive two statements in the month of June. Your FTSB monthly statements will have a new look. After June 27, 2026, statements for Wells customers will be produced on one of the three cycles that is most similar to your current: - The first Friday of the month - The last day of the month - The third of the month. During this first month transition, you may receive multiple shortened statements within a few weeks’ time.

PERSONAL BANKING SERVICES

CHECKING & SAVINGS ACCOUNTS

PERSONAL LENDING If you have a current PSB personal loan, such as an auto, personal or mortgage loan, the loan will automatically be transferred to FTSB and the rate and term will be honored. Home Equity Line of Credit HELOC and Ready Reserve loan statements will continue to generate on the last business day of the month. The payment will not be due or charged to your account for 10 days after the billing statement is sent.

To help make your transition to FTSB as smooth as possible, your PSB account(s) will automatically transfer to FTSB. PSB accounts will transition to FTSB accounts with very similar options. The following charts illustrates the account conversion. If you feel another account is more suitable to your needs, please contact a Customer Service Representative after Monday, June 29 to discuss your options. If you do not know the name of your PSB banking account, please refer to your statement.

*All lending subject to credit approval.

IF YOUR PSB ACCOUNT IS:

YOUR FTSB ACCOUNT WILL BE:

Peoples Free Checking Peoples Checking Business, Non-Profit, Student, Senior Checking Peoples Plus Checking Health Savings Account Peoples Advantage Account Money Market Peoples Regular Savings Premium Advantage Savings Peoples Kids Savings

Freedom Checking

Spirit Checking

Super Now Checking

Health Savings Account

Advantage Money Market

Super Saver

FTSB UTMA

See account details on page 29.

VISIT US ONLINE www.ftsbbank.bank

DEPOSIT ACCOUNT OPTIONS

FREEDOM CHECKING FTSB’s Freedom Checking gives you the flexibility with no fees. • No minimum daily balance requirements • No monthly service charge • Unlimited debit card activity • Digital statements required SPIRIT CHECKING FTSB’s non-interest bearing regular checking includes the following: • $200 daily balance or $1,000 minimum average daily balance each statement cycle to avoid fees • Unlimited debit card activity • Free paper statements

SUPER NOW CHECKING This interest bearing checking account allows the following: Monthly minimum balance requirement of $500 daily or $1,000 minimum average balance each statement cycle to avoid fees.

• Unlimited debit card activity • Free paper statements • Earns interest

VETERANS HONOR CHECKING This account is exclusive to FTSB and offers perks for Veterans and their spouses: • No minimum daily balance requirements • No monthly service charge • Unlimited debit card activity • Free paper statements • Interest bearing

• Earn .15% above posted CD rates • $5 off annual safe deposit box rate

Meet the team!

ftsbbank.bank

SAVINGS ACCOUNT OPTIONS

SUPER SAVER ACCOUNT With a Super Saver Account, you can earn interest while keeping your money easily accessible. • Minimum Daily Balance: $50 • Monthly Service Fee: None, unless balance falls below $50, then $1.00 per month • Free printed statement or digital statements • Minimum balance fee waived for students 22 and under ADVANTAGE MONEY MARKET Our Money Market Account offers a higher rate of interest along with the ease of accessibility of your money. With multiple interest rate tiers (see tier graph on page 30 of disclosure referenced below), your earnings increase as your balance grows. • Minimum Daily Balance: $10,000 • Monthly Service Fee: None, unless balance falls below $10,000, then $10 each statement cycle • Free printed statement or digital statements CERTIFICATE OF DEPOSIT All CD interest rates will remain the same until the term comes up for renewal. If your CD is not eligible for renewal, you will receive a separate notification. All other CDs will automatically renew. Notices for CD renewals are mailed 15 days prior to maturity. FTSB currently offers the following CD Terms: 91 days, 182 days, 7 months, 12 months, 18 months, 24 months, 30 months, 36 months, and 48 months.

INDIVIDUAL RETIREMENT ACCOUNTS (IRA) IRAs are the perfect way to help you live the way you want after your working days are over. FTSB offers Traditional, Roth, Simple and SEP IRAs, with investment options of Savings or CDs. IRA statements will be produced annually after your June 27, 2026 statement cut. If you have an IRA account, you will expect to see your next statement in January 2027, with a cut off date of December 31, 2026. Interest will be paid on your IRA as of June 27, and will be paid again at year end. All IRA statements going forward will be produced on an annual basis. HEALTH SAVINGS ACCOUNT If you have a high-deductible healthcare plan, FTSB can accommodate your HSA needs to pay for medical expenses.

For the most up-to-date interest rates and terms, contact any FTSB location.

VISIT US ONLINE www.ftsbbank.bank

BANKING SERVICES

ONLINE & MOBILE BANKING

BILL PAY FTSB offers free Bill Pay services, which will be available through digital banking on June 29, 2026. Bill Pay information, including vendors and scheduled payments, will be converted to FTSB Bill Pay. MOBILE DEPOSIT Mobile deposits will be available within Digital Banking on Monday, June 29, 2026. STATEMENTS All accounts will receive a paper statement from Peoples State Bank as of Friday, June 26, 2026 (including eStatement recipients). This means that checking accountholders will receive two statements in the month of June. FTSB monthly statements will have a new look. After June 27, 2026, statements for Wells customers will be produced on one of the three cycles that is most similar to your current: • The first Friday of the month • The last day of the month • The third of the month If you currently receive eStatements, you will continue to receive them from FTSB.

FTSB offers digital banking services both online at www.ftsbbank.bank and through the FTSB Mobile app . These services will be available for you to use on Monday, June 29, 2026. A separate mailing with important information and log in instructions will be mailed prior to the June conversion. • Download FTSB Mobile for quick and easy access.

• Transfer between internal and external accounts • Mobile Deposit checks • View loans and make loan payments • Pay bills • Setup account alerts A digital banking help guide and informative demos are available on our website: https://www.ftsbbank.bank/ digital/internet-mobile-banking/

Let’s be

Friends!

Farmers Trust & Savings Bank

ftsb_ia_mn

BANKING SERVICES

DEBIT CARD FEATURES • Contactless/tap and go functionality • Card control features in Online Banking, including card limits and “on/off” functionality • Ability to set travel notices • Personalized debit card alert comminutions • Digital Wallet – Those using Apple Pay®, Google Pay®, or Samsung Pay® services will need to link your new debit card following June 29, 2026. • Real Time Balances BUSINESS BANKING SERVICES

SAFE DEPOSIT BOX • Your PSB box rent was previously due in March. Following the merger, annual billing will occur in May. You can expect your next safe deposit box charge on 5/1/2027. • The rental rates with FTSB are LESS than you previously paid!

• Quickbooks and Quicken integration • Cash Management: manage your business’ ACH Payments and Payroll. • Positive Pay: keep your accounts safe and protected while monitoring check and ACH withdrawals. • Autobooks: Manage your invoices and collect payments, right within Digital Banking.

Box Size

PSB Rental Rate

FTSB Rental Rate

3 x 5

$18

$15

5 x 6

$24

$20

3 x 10

$33

$25

6 x 10

$36

$35

10 x 10

$53

$50

FTSB Fraud Team is dedicated to watching for fraudulent activity, educating customers on scams and account safety, and helping customers navigate through fraud or identity theft if it occurs.

VISIT US ONLINE www.ftsbbank.bank

AG LENDING

YOUR PREMIER AG LENDER SERVING SOUTHERN MINNESOTA & NORTHERN IOWA

AGRICULTURE & COMMERCIAL LENDING Current Peoples State Bank of Wells agriculture and commercial loans will automatically transfer to Farmers Trust and Savings Bank. Rates and terms will continue to be honored. # 5 AG LENDER

in the NATION by ICBA in 2023

MARK WARMKA Senior Vice President Loan Officer markw@ftsbbank.com

COLIN WITTMER Senior Vice President Loan Officer colinw@ftsbbank.com

Source: Independent Community Bankers of America’s 2023 top agricultural lenders with bank asset size $300 million to $1 billion, as recognized by the magazine, Independent Banker, July 2023

INSURANCE OFFERINGS

Farmers Trust and Savings Bank insurance agencies are independent agencies representing several insurance companies. This helps ensure you get the best possible rates, coverage, and services to suit your individual needs.

Our agencies offer the following types of insurance: Crop insurance • Property insurance • Multi-peril insurance • Long term care insurance Medical supplemental insurance • Life insurance • Health insurance

VISIT ONE OF OUR INSURANCE AGENCIES!

BRICELYN INSURANCE AGENCY 219 N. Main, PO Box 367 • Bricelyn, MN 56014 Ann Jensen | Abby Beyer

LAKOTA AGENCY 302 Smith Street, PO Box 47 • Lakota, IA 50451 Dayna Price

Phone: 507-320-7401 Fax: 507-653-4401 E-mail: annj@bricelyninsurance.com

Phone: 515-886-2431 Fax: 515-886-2561 E-mail: sales@lakotaagency.com

VISIT US ONLINE www.ftsbbank.bank

Our Locations We are committed to making this transition as smooth as possible. If you have any questions or need assistance, please don’t hesitate to reach out – our team is always here to help. PLEASE SEE BELOW FOR OUR LOCATION AND CONTACT INFORMATION.

BUFFALO CENTER 101 N Main St. Buffalo Center, IA 50424 P: 641.562.2696 Monday-Thursday Lobby: 8:30-3:30pm Monday-Thursday Drive Up: 8:00-4:00 pm

BRICELYN / BRICELYN AGENCY 219 N Main St. Bricelyn, MN 56014 P: 507.320.7400 Monday-Thursday Lobby: 8:30-3:30pm Friday Lobby: 8:30-3:30pm

Friday Lobby: 8:30-3:30pm Friday Drive-up: 8:00-5:00pm

LAKE MILLS 105 N Lake St. Lake Mills, IA 50450 P: 641.592.2660 Monday-Thursday Lobby: 8:30-3:30pm Monday-Thursday Drive Up: 8:00-4:00 pm

LAKOTA / LAKOTA AGENCY 201 3rd St. Lakota, IA 50451 P: 515.886.2242 Monday-Thursday Lobby: 8:30-12:00 / 1:00-3:30pm Friday Lobby: 8:30-12:00 / 1:00- 3:30pm

Friday Lobby: 8:30-3:30pm Friday Drive-up: 8:00-5:00pm

Wells

Bricelyn

lake mills

buffalo center

lakota

BRITT 985 Highway 18 Britt, IA 50423 P: 641.843.4455

Monday-Thursday Lobby: 8:30-3:30pm Monday-Thursday Drive Up: 8:00-4:00 pm

britt

Friday Lobby: 8:30-3:30pm Friday Drive-up: 8:00-5:00pm

WELLS HAS A NEW PHONE NUMBER: 507.801.6155

Don’t forget to update your contacts with the new number.

WELLS 98 3rd St. SE Wells, MN 56097 P: 507.801.6155

Your caller ID will look different

Monday-Thursday Lobby: 8:30-3:30pm Monday-Thursday Drive Up: 8:00-4:00 pm

Friday Lobby: 8:30-3:30pm Friday Drive-up: 8:00-5:00pm

VISIT US ONLINE www.ftsbbank.bank

GROWING DREAMS.

REACHING SUCCESS.

FEE SCHEDULE

FEE

STOP PAYMENT CHARGE (fee subject to Iowa state and local sales tax)

FEE SCHEDULE

FEE

$30.00

INSTANT STATEMENTS BANK OFFICIAL CHECKS Customer – per check Non-Customer – per check

$2.00

STOP PAYMENT CHARGE (fee subject to Iowa state and local sales tax) INSTANT STATEMENTS

$30.00

$5.00 $10.00

$2.00

BANK OFFICIAL CHECKS Customer – per check Non-Customer – per check

$30.00

OVERDRAFT FEE

$5.00 $10.00

OVERDRAFT FEES MAXIMUM – PER DAY [The categories of transactions for which an overdraft fee may be imposed are those by any of the following means: check, in-person withdrawal, ATM withdrawal, or other electronic means.]

$180.00

$30.00

OVERDRAFT FEE

$30.00

RETURN CHECK FEE

ANNU

$180.00

COLLECTION ITEMS: Less than $100.00 $100.00 and over

$30.00

RETURN CHECK FEE

$5.00

$180.00

RETURN CHECK FEES MAXIMUM – PER DAY

$25.00 $50.00 $10.00

COLLECTION ITEMS: Less than $100.00 $100.00 and over

OUTGOING WIRE TRANSFERS INTERNATIONAL WIRE TRANSFERS

$5.00

$25.00 $50.00 $10.00

PHOTOCOPIES – PER COPY

$0.25

OUTGOING WIRE TRANSFERS INTERNATIONAL WIRE TRANSFERS

FAX: Outgoing - per page, Incoming - per page

$1.00

PHOTOCOPIES – PER COPY CHECK CASHING FOR NON-CUSTOMERS, CHECK NOT DRAWN ON US

$0.25

FAX: Outgoing - per page, Incoming - per page

$5.00 $10.00

$200.00 and over Under $200.00

$1.00

CHECK CASHING FOR NON-CUSTOMERS, CHECK NOT DRAWN ON US

ASSISTANCE IN RECONCILING/RESEARCH OF ACCOUNTS (Account holders’ most recent statement will be done at no charge.)

$25.00 per hour

$5.00 $10.00

$200.00 and over Under $200.00

COIN CASHING/EXCHANGE (NON-CUSTOMERS)

10% of amount - $5.00 minimum

ASSISTANCE IN RECONCILING/RESEARCH OF ACCOUNTS (Account holders’ most recent statement will be done at no charge.)

REPLACEMENT DEBIT CARD LEVY/GARNISHMENT FEE CHECK PRINTING FEES ANNUAL CHECKMATE FEE ESCHEATMENT FEE

$20.00

$25.00 per hour

$40.00 Varies on style of check

COIN CASHING/EXCHANGE (NON-CUSTOMERS)

10% of amount - $5.00 minimum

REPLACEMENT DEBIT CARD LEVY/GARNISHMENT FEE CHECK PRINTING FEES ANNUAL CHECKMATE FEE ESCHEATMENT FEE

$20.00

$20.00 $25.00 $25.00 $25.00

$40.00 Varies on style of check

IRA TRANSFER

$20.00 $25.00 $25.00 $25.00

ACCOUNT CLOSED WITHIN 90 DAYS OF OPENING

$.25 each

ENCODED CHECKS

IRA TRANSFER

Free

NOTARY SERVICE - CUSTOMER NOTARY SERVICE - NON-CUSTOMER

ACCOUNT CLOSED WITHIN 90 DAYS OF OPENING

$5.00

$.25 each

ENCODED CHECKS

Free

ONLINE BILL PAY

Free

NOTARY SERVICE - CUSTOMER NOTARY SERVICE - NON-CUSTOMER

$5.00

UNDELIVERABLE MAIL (RETURN MAIL ) MOBILE REMOTE DEPOSIT (PER CAPTURE) FOREIGN/CANADIAN DEPOSITED ITEM

$5.00

Free

ONLINE BILL PAY

$20.00

$5.00

UNDELIVERABLE MAIL (RETURN MAIL ) MOBILE REMOTE DEPOSIT (PER CAPTURE) FOREIGN/CANADIAN DEPOSITED ITEM

Free

$20.00

ftsbbank.com

Effective August 21, 2024

ftsbbank.com

Effective August 21, 2024

VISIT US ONLINE www.ftsbbank.bank

DISCLOSURES

Farmers Trust & Savings Bank

ftsb_ia_mn

www.ftsbbank.bank

DISCLOSURES

TRUTH-IN-SAVINGS DISCLOSURES FREEDOM CHECKING ACCOUNT

• A minimum balance fee of $8.00 will be imposed every statement cycle if the balance in the account falls below $500.00 daily balance or $1,000.00 average daily balance any day of the cycle. Senior Citizen (age 62 and older) and students (age 22 and under) will be charged a $2.00 minimum balance fee per statement cycle if you do not maintain the minimum balance requirements. • If you do not maintain the minimum balance requirements, a per debit fee of $0.15 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account) during a statement cycle. • Interest bearing • Your interest rate and annual percentage yield may change at our discretion any time. Interest will be compounded every month and credited to your account every month. If you close your account before interest is credited, you will not receive the accrued interest. • You must deposit a minimum of $50.00 to open this account. • A minimum balance fee of $1.00 will be imposed every statement cycle if the balance in the account falls below $50.00 any day of the cycle. The minimum balance fee of $1.00 will not be imposed for persons age 22 and under. • You must maintain a minimum balance of $0.01 in the account each day to obtain the disclosed annual percentage yield. • Interest bearing • Your interest rate and annual percentage yield may change at our discretion any time. Interest will be compounded every month and credited to your account every month. If you close your account before interest is credited, you will not receive the accrued interest. • You must deposit a minimum of $0.01 to open this account. • You must maintain a minimum balance of $0.01 in the account each day to obtain the disclosed annual percentage yield. • Interest bearing • Your interest rate and annual percentage yield may change at our discretion any time. Interest will be compounded every month and credited to your account every month. If you close your account before interest is credited, you will not receive the accrued interest. • You must deposit a minimum of $0.01 to open this account. • A minimum balance fee of $10.00 will be imposed every statement cycle if the balance in the accounts falls below $10,000.00 any day of the cycle. • You must maintain a minimum balance of $10,000.00 in the account each day to obtain the disclosed annual percentage yield. ALL INTEREST-BEARING ACCOUNTS • We use the daily balance method to calculate the interest on your account. This method applies to a daily periodic rate to the principal in the account each day. Interest begins to accrue on the business day you deposit noncash items (for example, checks). SUPER SAVER ACCOUNT HEALTH SAVINGS ACCOUNT ADVANTAGE MONEY MARKET ACCOUNT

• Non-interest bearing • Minimum balance $0.01 to open this account. • No monthly minimum balance

• No monthly service charge • Unlimited check writing • Free E-Statement with Online Banking (required for this account)

SPIRIT CHECKING ACCOUNT

• Non-interest bearing • Minimum balance $0.01 to open this account. • A minimum balance fee of $5.00 will be imposed every statement cycle if the balance in the account falls below $200.00 daily balance of $1,000.00 average daily balance any day of the cycle. Senior Citizen (age 62 and older) and students (age 22 and under) will be charged a $2.00 minimum balance fee per statement cycle if you do not maintain the minimum balance requirements. • Fees: a per debit fee of $0.15 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account). This fee will apply if you do not maintain the minimum balance requirement. • Your interest rate and annual percentage yield may change at our discretion any time. Interest will be compounded every month and credited to your account every month. If you close your account before interest is credited, you will not receive the accrued interest. • You must deposit a minimum of $100.00 to open this account. • You must maintain a minimum balance of $0.01 in the account each day to obtain the disclosed annual percentage yield. • Annual donations made to area veterans’ organizations. • First box of specially designed veterans checks free with $5.00 off per box thereafter. • Earn 0.15% above our posted CD rates • No monthly service charge • $5.00 discount on annual fee for safe deposit box • Free identity theft coverage of $5,000.00 per account. * (*The insurance product is not insured by nor guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other federal government agency of the United States, FTSB, or any affiliate of FTSB.) • Interest bearing • Your interest rate and annual percentage yield may change at our discretion any time. Interest will be compounded every month and credited to your account every month. If you close your account before interest is credited, you will not receive the accrued interest. • You must deposit a minimum of $0.01 to open this account. • You must maintain a minimum balance of $0.01 in the account each day to obtain the disclosed annual percentage yield. SUPER NOW ACCOUNT VETERANS HONOR CHECKING ACCOUNT • Interest bearing • This account is for veterans and/or their spouses.

DISCLOSURES

CERTIFICATES OF DEPOSIT (CDS)

Term

Early Withdrawal Penalty

• Interest bearing • FTSB offers the following CD terms: 91 days, 182 days, 12 months, 18 months, 24 months, 30 months, 36 months, and 48 months options. These CDs are automatically renewable. The minimum balance to open is $1,000. You must maintain a minimum balance of $1,000 in the account each day to obtain the disclosed annual percentage yield. • In addition, FTSB offers a special CD. This CD is not automatically renewable. The minimum balance to open is $10,000. You must maintain a minimum balance of $10,000 in the account each day to obtain the disclosed annual percentage yield. The term is set by the bank. • Irrevocable Burial Trust funds are held in 24-month, automatically renewable CDs. The minimum balance to open is $0.01. You must maintain a minimum balance of $0.01 in the account each day to obtain the disclosed annual percentage yield. Subject to terms of trust agreement. • Veterans Honor checking account holders qualify for a rate increase of 0.15% on all CDs. • For current interest rates and annual percentage yields (APYs), contact a Customer Service Representative. • The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. • If you close your account before interest is credited, you will not receive the accrued interest. • A penalty may be imposed for withdrawals before maturity effective June 29, 2026. • If you withdraw any principal before the maturity date, a penalty as shown below will be imposed: CERTIFICATE OF DEPOSIT TERMS TIME

Less than 12 Month CDs 12 to 18 Month CDs 24 to 30 Month CDs 36 or more Month CDs

3 months’ interest 6 months’ interest 12 months’ interest 18 months’ interest

• In certain circumstances, such as death or incompetence of an owner or other exceptions, the early withdrawal penalty will be waived. • You may not make any deposits into your account before maturity. You may make withdrawals of principal from your account before maturity only if we agree at the time you request the withdrawal. Principal withdrawn before maturity is included in the amount subject to early withdrawal penalty. You can only withdraw interest credited in the term before maturity of that term, subject to penalty. You can withdraw interest any time during the term of crediting after it is credited to your account. • Interest crediting frequency will be credited to your account either quarterly or semi-annually based on the term of your CD and will be disclosed on your certificate at account opening. • You may prevent renewal of an automatically renewable CD if you withdraw the funds in the account at maturity (or within the grace period of 10 days) or we receive written notice from you within the grace period. If you prevent renewal, interest will not accrue after final maturity. Each renewal term will be the same as the original term, beginning on the maturity date. The interest rate will be the same we offer on new time deposits on the maturity date which have the same term, minimum balance, and other features as the original time deposit. You will have ten calendar days after maturity to withdraw the funds without a penalty. • Non-renewable CDs will not automatically renew at maturity. If you do not renew the account, interest will not accrue after maturity. • IRA & Roth IRA CDs are available. Speak with our new account representatives for more information.

COMPOUNDING FREQUENCY Quarterly Semi-Annually Semi-Annually DEPOSIT TIERS $1,000 - $24,999.99 $25,000 and Over $1,000 - $24,999.99 $25,000 and Over $1,000 - $24,999.99 $25,000 and Over $1,000 - $24,999.99 $25,000 and Over $1,000 - $24,999.99 $25,000 and Over $1,000 - $24,999.99 $25,000 and Over $1,000 - $24,999.99 $25,000 and Over $1,000 - $24,999.99 $25,000 and Over $1,000 - $24,999.99 $25,000 and Over $0.01 and over For current interest rates and annual percentage yields (APYs), contact a Customer Service Representative. $10,000 - $24,999.99 $25,000 - $49,999.99 $50,000 - $74,999.99 $75,000 and more Quarterly Quarterly Quarterly Quarterly Quarterly Quarterly Quarterly

PERIOD 91 Days 182 Days 7 Month Special 1 Year 18 Months 2 Years 30 Months

DEPOSIT ACCOUNT TIERS ADVANTAGE MONEY MARKET $0 - $9,999.99

SUPER SAVER $0.01 - $1,999.99 $2,000 and Up

3 Years 4 Years Burial Trust

We are committed to making this transition as smooth as possible. If you have any questions or need assistance, please don’t hesitate to reach out – our team is always here to help. Please see below for our location and contact information.

LOCATIONS Buffalo Center

101 N Main St. Buffalo Center, IA 50424 | 641.562.2696

Lakota

201 3rd St. Lakota, IA 50451 | 515.886.2242

Britt

985 Highway 18 Britt, IA 50423 | 641.843.4455

Lake Mills

105 N Lake St. Lake Mills, IA 50450 | 641.592.2660

Bricelyn

219 N Main St. Bricelyn, MN 56014 | 507.320.7400

PLEASE NOTE: Wells has a new phone number!

Wells

98 3rd St. SE Wells, MN 56097 | 507.801.6155

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