ELECTRONIC FUNDS TRANSFERS - YOUR RIGHTS AND RESPONSIBILITIES

The Electronic Funds Transfers we are capable of handling are indicated below, some of which may not apply to your account. Please read this disclosure carefully because it tells you your rights and obligations regarding these transactions. You should keep this notice for future reference.

Direct Deposit - You may make arrangements for certain direct deposits to be accepted into your Checking or Savings accounts.

Pre-authorized Withdrawals - You may make arrangements to pay certain recurring bills from your Checking or Savings accounts.

ATM Transfers - types of transfers, dollar limitations, and charges - You may access your account(s) by ATM using your ATM card and personal identification number to.

• Make deposits to checking account(s) - With an ATM card there is a charge of $1.00 per transaction at ATMs we do not own or operate.
• Make deposits to savings account(s) - There is a charge of $1.00 per transaction at ATMs we do not own or operate.
• Withdraw cash from checking account(s) - You may withdraw no more than $200.00 per day. There is a charge of $1.00 per transaction at ATMs we do not own or operate.
• Withdraw cash from savings account(s) with an ATM card - You may withdraw no more than $200.00 per day. There is a charge of $1.00 per transaction at ATMs we do not own or operate.
• Transfer funds from Savings to Checking accounts with an ATM card
• Transfer funds from Checking to Savings accounts with an ATM card

Please also see Limitations on Frequency of Transfers section regarding limitations that apply to ATM transfers.

Limitations on Frequency of Transfers - In addition to those limitations on transfers described elsewhere, if any, the following limitations apply:

• Transfers from a Statement Savings account to another account or to third parties by pre-authorized, automatic, or telephone transfer are limited to six per statement cycle with no transfers by check, debit card or similar order to third parties.

Minimum Account Balance - You must maintain a minimum account balance of $0.00 in your Checking or Savings account as a condition of using an access device (card and/or identification code) to accomplish a transfer.

CHARGES FOR ELECTRONIC FUNDS TRANSFERS

• We do not charge for direct deposits to any type of account.
• We do not charge for pre-authorized withdrawals from any type of account.

RIGHT TO DOCUMENTATION

Terminal Transfers. You can get a receipt at the time you make any transfer to or from your account using one of our automated teller machines.

Direct Deposits. 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 (248) 628-2533 to find out whether or not the deposit has been made. If the only possible transfers to or from your account are direct deposits, you will get a quarterly statement from us.

Periodic Statements.

• You will get a monthly account statement from us for your Checking or Statement Savings accounts.
For passbook accounts, if the only possible electronic transfers to or from your account are pre-authorized deposits, we do not send periodic statements. You may bring your passbook to us and we will record any electronic deposits that were made since the last time you brought in your passbook.

STOP PAYMENT PROCEDURES AND NOTICE OF VARYING AMOUNTS

Right to Stop Payment and Procedure for Doing So. If you have told us in advance to make regular payments out of your account, you can stop any of these payments by: Calling or writing us in time for us to receive your request three business days or more before the payment is scheduled to be made. If you call, we may also require you to put your request in writing and submit it to us within 14 days after you call. See the current Oxford Bank fee schedule for applicable fees.

Notice of Varying Amounts. If these regular payments 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. (You may choose instead to get this notice only when the payment differs by more than a certain amount from the previous payment, or when the amount falls outside certain limits that you set.)

Liability for Failure to Stop Payment of Pre-authorized Transfer. If you order us to stop one of these payments three business days or more before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages.

OUR LIABILITY

Liability for Failure to Make Transfers. 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:

1. If, through no fault of ours, you do not have enough money in your account to make the transfer.
2. If the transfer would go over the credit limit on your overdraft line.
3. If the automated teller machine where you are making the transfer does not have enough cash.
4. If the terminal or system was not working properly and you knew about the breakdown when you started the transfer.
5. If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions we have taken.
6. There may be other exceptions stated in our agreement with you.

DISCLOSURE OF ACCOUNT INFORMATION TO THIRD PARTIES

We will disclose information to third parties about your account or the transfers you make:

1. where it is necessary for completing transfers;
2. in order to verify the existence and condition of your account for third party, such as a credit bureau or merchant;
3. in order to comply with government agency or court orders; or
4. if you give us written permission.

REGULATORY AUTHORITY

If you believe that any provision of the Michigan Electronic Funds Transfer Act has been violated you should notify:

Office of Financial and Insurance Regulation
Division of Financial Institutions
P.O. Box 30224
Lansing, Michigan 48909
(517) 335-4978

or

Federal Deposit Insurance Corporation
F.D.I.C. Chicago Regional Office
500 W Monroe
Suite 3500
Chicago, IL. 60661

UNAUTHORIZED TRANSFERS

Tell us AT ONCE if you believe your card and/or code has been lost or stolen. Telephoning is the best way of keeping your possible losses down. You could lose all of the money in your account (plus your maximum overdraft line of credit). If you tell us within two business days, you can lose no more than $50 if someone used your card without your permission.

If you do not tell us within two business days after you learn of the loss or theft of your card and/or code, and we can prove we could have stopped someone from using your card and/or code without your permission if you had told us, you can lose as much as $500.

Also, if your statement shows transfers that you did not make, 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 period.

If you believe your card and/or code has been lost or stolen or that someone has transferred or may transfer money from your account without your permission, call or write us.

ERROR RESOLUTION

In case of errors or questions about your electronic transfers, call or write us, as soon as you can. You should also contact us 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.

1. Tell us your name and account number (if any).
2. 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.
3. 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.

   Non-consumer transactions (business, commercial, or corporate ACH entries) must be disputed within 2 business days of the transaction date.

   We will tell you the results of our investigation within 10 business days (20 business days if the transfer involved a point-of-sale transaction or a foreign initiated transfer) after we hear from you and will correct any error promptly. If we need more time, however, we may take up to 45 days (90 days if the transfer involved a point-of-sale transaction or a foreign initiated transfer) to investigate your complaint or question. If we decide to do this we will re-credit your account within 10 business days (20 business days if the transfer involved a point-of-sale transaction or a foreign initiated transfer) 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 questions in writing, and we do not receive it within 10 business days, we may not re-credit your account.

If we decide that there is no error, we will send you a written explanation within three business days after we finish our investigation. You may ask for copies of the documents that we used in our investigation.

OXFORD BANK
60 SOUTH WASHINGTON STREET
OXFORD, MICHIGAN 48371

Business Days: Monday through Saturday
Phone: (248) 628-2533

TRANSACTION ACCOUNT GUARANTEE PROGRAM (TAGP)

On July 21, 2010, President Barack Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law, which, in part, permanently raises the current standard maximum deposit insurance amount (SMDIA) to $250,000. The FDIC insurance coverage limit applies per depositor, per insured depository institution for each account ownership category.

Source FDIC website

As a service to our customers, Oxford Bank continues to participate in the FDIC's Transaction Account Guarantee Program (TAGP); a component of the Temporary Liquidity Guarantee Program (TLGP).

Under TAGP, as of October 14, 2008, all non-interest bearing transaction deposit accounts at a participating FDIC-insured institution, including all personal and business checking deposit accounts that do not earn interest, are fully insured for the entire amount in the deposit account. This unlimited insurance coverage is temporary. The FDIC Board of Directors recently extended this coverage to participating financial institutions beyond the most recent expiration date of June 30, 2010. The program will now be offered through December 31, 2010.

TAGP also includes Negotiable Order of Withdrawal (NOW) accounts with interest rates not exceeding 0.25%, Interest on Lawyers Trust Accounts (IOLTA), cashier's checks and money orders issued by FDIC insured institutions. Coverage under the TAGP is in addition to and separate from the coverage available under the FDIC's basic deposit insurance rules.

USE OF LINKS

The Oxford Bank Internet site provides "links" to other sites on its' links page. These links are not affiliated with the Oxford Bank, and are only provided for the user's convenience.

MORE DETAILED INFORMATION IS AVAILABLE ON REQUEST