Deposit Product Disclosures

Savings Disclosure for Build My Savings Account

Compass Bank - Texas

To assist you in understanding this disclosure, we have defined the following commonly used term:

Collected Balance — your account balance minus any funds you have deposited that have not been collected from the financial institution on which the deposited funds are drawn.

The daily balance method is used to calculate the interest on your account. This method applies a daily periodic rate to the daily collected balance in the account each day. Interest on deposits begins to accrue no later than the business day on which we receive credit for the deposit. Accrued interest is credited to the balance in the account on the last day of the statement cycle. Accrued interest that is credited to the balance in the account begins to earn interest no later than the next business day and compounds with each statement cycle. Statement cycles are generally quarterly, unless otherwise disclosed. If you close your account or convert your account to a non-interest earning account before accrued interest, if any, is credited, you will not receive the accrued interest. A taxpayer identification number will be required to earn interest on this account.

The following chart shows the annual percentage yield and interest rate as of April 2010. The rate is variable and at our discretion, we may change the interest rate for your account at any time. To obtain current rate information, contact us at 1-800-COMPASS.

Compass Build My Savings Account Terms

• Requires $25 minimum deposit to open.
• Interest is earned according to the Build My Savings rate chart and is compounded and credited quarterly.
• Each customer initiated withdrawal from the account will be assessed a $10 service charge for each withdrawal.
• Limit five (5) Build My Savings accounts per customer.

There is no limit on the number of withdrawals when made in person at a Compass banking office or at an automated teller machine.** However, transfers to another deposit account with Compass Bank or to a third party by means of a pre-authorized agreement or telephonic request (including PC Banking transfers) are limited to six (6) per month, of which, no more than three (3) may be debit card point-of-sale transactions, if applicable.

These transactions are governed by federal law and, if exceeded, could result in the Bank reclassifying the account.

**Service charge for each withdrawal will apply

Compass Build My Savings Match Bonus

At account opening establish a Savings Plan, stick to your Savings Plan and earn a Match Bonus!

• At account opening you must establish a plan for saving that includes regular transfers to your Build My Savings account for a specified term (your “Savings Plan”).  
• Your Savings Plan must include an automatic, reoccurring, pre-authorized transfer of at least $25 per transfer from a BBVA Compass consumer checking account to your Build My Savings account (“Transfer”) that occurs at least monthly for a period of at least six months. 
• The initial Transfer must occur within 30 calendar days of Build My Savings account opening.
• You must select your Savings Plan options  at account opening which include the following:
• Funding account (BBVA Compass consumer checking account from which the transfer will be made)
• Transfer amount
• Transfer frequency (monthly, twice monthly, weekly or every other week)
• Initial Savings Plan deposit amount
• Term of Savings Plan (6, 12, 18, 24, 30 or 36 months)
• Your Savings Plan options may not be changed after account opening.
• The Match Bonus will be a percentage of your transfers and will be based on your Savings Plan options selected at account opening and may not exceed $125 per six months or $250 per year.
• Any increase in the Transfer amount during the term of the Savings Plan will not qualify for the Match Bonus.
• You will not be eligible for the Match Bonus if the Transfer is cancelled, stopped or missed or if the Transfer amount is reduced during the term of the Savings Plan, and will result in cancellation of the Savings Plan.
• If BBVA Compass attempts to make the Transfer from your BBVA Compass consumer checking account and there are insufficient collected funds available for the entire amount of the Transfer, BBVA Compass may, at its option, transfer the funds even though the Transfer will cause an overdraft of your checking account. If the Transfer occurs, any applicable NSF fees will be charged to your checking account. If the Transfer occurs, you will remain eligible for the Match Bonus. If the Transfer does not occur, any applicable NSF fees will be charged to your checking account and you will no longer be eligible for the Match Bonus and your Savings Plan shall be cancelled. Payments made against insufficient funds are made at the sole discretion of BBVA Compass in accordance with the terms of the Consumer Deposit Account Agreement.
• The initial Savings Plan deposit amount must be received within 6 calendar days of account opening or you will not be eligible for the Match Bonus.  Failure to receive the initial Savings Plan deposit amount within the applicable timeframe will result in cancellation of your Savings Plan.
• Any Build My Savings account with a cancelled Savings Plan will be automatically converted to a Basic Savings account and you willl not be eligible for the Match Bonus.  Your Transfer will continue to your Basic Savings account until cancelled by you.
• Match Bonus will be paid within 30 calendar days of the end of each 12 month period from start date of the initial Transfer and/or upon the successful completion of the Savings Plan. 
• Within thirty (30) calendar days of payment of the Match Bonus and completion of the Savings Plan, your Build My Savings account will be converted to a Basic Savings account. Your Transfer will continue to your Basic Savings account until cancelled by you.
• Match Bonus payments subject to tax reporting.
• All accounts subject to approval.

Rev. 4/10