Personal BoD Conversion Book and Disclosure Packet

Certificates of Deposit and Convenience Services

Certificates of Deposit (CD) and Individual Retirement Account (IRA) Certificates of Deposit MidWest One will honor the rates and terms on your CDs until they mature. At that time you will be able to renew at MidWest One ’s current rate. Once the CD matures, it may be subject to a new term and rate. You will receive a notice 10 days before your certificate renews which will state the duration of the automatic renewal. You will have 10 calendar days after the maturity date to change the renewal term. Change to Early Withdrawal Penalty, Effective March 11, 2024 As of March 11, 2024, the amount of principal withdrawn before maturity will be subject to early withdrawal penalty using the stated interest rate on all new and renewed certificates as follows:

sold. The second entry will display MidWest One Bank as the bank name, with the loan number and details matching your existing Bank of Denver loan.

Credit Card

Your Bank of Denver credit card will remain with Card Assets and you will be able to use your credit card without interruption.

Convenience Services

We offer an innovative suite of services designed to make banking easier and more convenient so you have more time for the things that you enjoy. Online Banking —Banking made easy! Manage your accounts, check balances and pay bills, anywhere or anytime. View your transactions, account history, check images and statements 24 hours a day. You can also transfer money between your accounts and make payments to your loan or line of credit. Mobile Banking with Mobile Deposit —Deposit checks, transfer funds, pay bills, view account balances or transaction history all from your mobile device. Text, browser, or app —we offer three convenient ways to choose how to use Mobile Banking. Message and data rates may apply. Person-to-Person Payments —Zelle® lets you send money to people you know. It’s a fast, safe, and easy way to send money in minutes. Bank Your Change™ —With every purchase on your debit card, the change is rounded up to the next dollar, and is placed in your savings account automatically. The average Bank Your Change™ user places $150 in their savings account each year. Enroll in Bank Your Change™ on or after March 11, 2024. Want to learn more? Visit us at midwestone.bank.

CD Term

Penalty

Less than 12 months 12 to less than 24 months 24 to less than 36 months 36 to less than 48 months 48 to less than 60 months 60 months and longer

3 months’ interest 6 months’ interest 9 months’ interest 12 months’ interest 18 months’ interest 24 months’ interest

Safe Deposit Box

Please refer to the Safe Deposit Box Fees on page 18 for information about any changes to safe deposit box fees that will be effective March 11, 2024.

Loans

MidWest One will acquire all of Bank of Denver’s consumer loans and will service your loan accounts as usual. You should continue to make payments in accordance with the terms outlined on your original loan. Effective March 11, 2024, payments made to your loans will be applied in the following order: principal, interest, escrow, late charges, and collection expense. After conversion, your loan will display on your credit report twice. There will be an entry with the Bank of Denver name, which will indicate it was transferred or

9