Business Extra Checking Product Guide - MUFG Union Bank

Business Extra Checking

California

Business Product Guide

For us, it's important that you understand exactly how your Business Extra Checking account works. Below is an explanation of the key terms and fees for your business account. For additional details of terms and conditions governing your account and fees, please read the Business Accounts & Services Disclosure and Agreement and applicable Business Deposit Fee Schedule. For questions, please visit , call us at 800-238-4486, or stop by any Branch office.

MINIMUM DEPOSIT NEEDED TO OPEN ACCOUNT BALANCE REQUIRED TO MAINTAIN THE ACCOUNT INTEREST MONTHLY SERVICE CHARGE

MONTHLY ACTIVITY FEES

FEATURES AND SERVICES

$100 Note: Account is not available for public fund agencies.

Any amount greater than $0

No interest paid.

Monthly Service Charge

How to avoid the Monthly Service Charge

$22 (with Online Statement) OR $24 (with Paper Statement)

NOTE: If check images are requested with your Paper Statement, an additional $3 monthly fee will apply for front image of checks and $10 for both front and back image of checks.

No Monthly Service Charge when you meet the qualifying balance or use a qualifying service. Any of the following will qualify you to avoid the Monthly Service Charge:

Balance Options: 1. $10,000 Monthly Average Balance 2. $20,000 Monthly Combined Balance of linked business and personal accounts1

Qualifying services: 1. Linked business loan or line of credit2 2. Qualifying Merchant Service transaction3 3. Qualifying Remote Deposit transaction4 4. Qualifying Online Financial Center Wire transaction5 5. Qualifying web ACH transaction6

Combined Transactions1

Cash Deposited

Combined Transactions ? no charge Additional Combined Transaction

Cash Deposit ? no charge Additional Cash Deposit per $1,000

500 $0.40

$20,000 $2

Business Extra Checking accounts offer the following: ? Union Bank? Debit MasterCard BusinessCard?,

Business Full Service ATM Card ? Online Banking and Online Bill Pay ? Email and Text Alerts ? Mobile Banking ? Online Statements ? One linked Business Savings, Business Preferred

Savings, or Business MoneyMarket account with no monthly service charge ? One linked Ready to Go? personal checking account with no monthly service charge ? May be used for Business Deposit Overdraft Protection ? No Business Deposit Overdraft Protection Transfer Fee ? No fee for Incoming Wires

? No fee for using a Union Bank ATM Card or Debit Card to access your Business Extra Checking account at non-Union Bank ATMs, and up to 4 rebates per month of ATM fees charged by other banks (domestic only)

? No monthly service charge for transaction downloads made by accessing either Quicken? or QuickBooks? software directly; excess transaction and excess access fees will still apply

? New Service Offers:

? $50 discount on first order of business checks from Deluxe check printing

? Three-month waiver of Web Wire monthly fee

? $100 application fee rebated upon activation of new Merchant Services Account7

1

Business Product Guide

Business Extra Checking

California

ATM FEES

Union Bank ATM Non-Union Bank ATM

$0When using a Union Bank ATM to complete deposits, withdrawals, and transfers between linked Union Bank accounts.

$1 When using a Union Bank ATM to obtain a mini statement.

$0For any Inquiries, Transfers, or Withdrawals while using a domestic non-Union Bank ATM, plus any fees the ATM owner or operator may charge.

$0For any Inquiries, Transfers, or Withdrawals while using a non-Union Bank ATM outside of the U.S., including Puerto Rico and the U.S. Virgin Islands, plus any fees the ATM owner may charge.

Fee is waived for Business Extra Checking account holders.

Fees for using your account when funds are not available

OVERDRAFT FEES

$33For each Debit/Item received for payment when you do not have enough money in your account or through an Overdraft Protection service. The fee is charged when the Debit is paid (Overdraft Item Paid) or returned (Overdraft Item Returned). There is a maximum of 6 Overdraft Fees per day. We will not charge this fee if your account is overdrawn less than $5.

CONTINUED OVERDRAFT FEE

$7Daily fee is charged for up to 5 Business Days beginning the 7th calendar day the account has been continuously overdrawn. The 1st calendar day is the day the overdraft occurred. No more than $35 will be charged for each period of continued overdraft.

BUSINESS DEPOSIT OVERDRAFT PROTECTION TRANSFER FEE (if you are enrolled)

$0 Each day a transfer of Available Funds is made through Business Deposit Overdraft Protection. Please see the Business Accounts & Services Disclosure and Agreement for details.

BUSINESS CASH RESERVE ACCOUNT (Subject to credit approval)

$10 Advance Fee each day an advance of $10 or more occurs from the Business Cash Reserve Account.

Annual Percentage Rate (APR): (rates as of 01/01/2019)

16.8% for credit lines < $5,000 14.8% for credit lines $5,000

$25 Annual Fee.

Advances are subject to available credit on the Business Cash Reserve Account. The Advance Fee and Annual Fee are charged to the Business Cash Reserve Account. Ask a banker about current rates. Other terms and conditions apply and are subject to change. Please see the Business Cash Reserve Account Disclosure and Agreement for details.

BUSINESS LINE OVERDRAFT PROTECTION ? (Subject to credit approval)

$10Daily advance fee will be charged to each designated eligible checking account each day an advance is made from your Business line of credit.

Advances are subject to available credit on the Business line of credit. Ask a banker about the Business Line Overdraft Protection service including rates, other fees, terms and conditions. Terms subject to change. Please see the Line Overdraft Protection Service Agreement and Disclosure for details.

2

Business Extra Checking

California

Business Product Guide

HOW DEPOSITS AND WITHDRAWALS WORK

The order in which deposits and withdrawals are processed (as applicable)

When your deposits are available

(Please refer to the Business Accounts & Services Disclosure and Agreement for Funds Availability details)

On each Business Day, we will:

1. Add deposits to your account, then

2. Subtract Adjustments and fees, followed by ATM and debit card transactions, generally within each transaction type, in ascending order (lowest to highest) by amount, then

3. Subtract checks, bill payments, and electronic debits (such as ACH) generally in descending order (highest to lowest) by amount.

? Cash: by the 1st Business Day after deposit ? Checks: generally the 1st Business Day after deposit, but sometimes longer ? Electronic direct deposit: same Business Day

If you make a deposit before the close of business on a Business Day that we are open, or as posted, we will consider that day to be the day of your deposit.

? In most cases, the first $200 of your deposit will be available by the 1st Business Day.

? If we are not going to make all deposited funds available by the 1st Business Day, we will notify you of the hold reason and when your funds will be available (generally no later than the 7th Business Day after the day of deposit).

A "Business Day" is Monday ? Friday, excluding federal holidays, even though we may be open Saturday or Sunday.

SOME OTHER FEES

Stop Payment Fee

Deposited Item Returned Fee

Automatic Re-Clear Fee

$30Per Item, or range of Items if the stop payment is placed through Telephone Banking Personal Service or at a Branch.

$15Per Item, if the stop payment order is placed through Online Banking or Telephone Banking Direct Service at 800-238-4486.

$9For each Item you deposit or each check cashed that is returned unpaid. Example: You deposit a check from someone who didn't have enough

money in their account. The amount of the deposit will be subtracted from your balance and you will be charged the Deposited Item Returned Fee.

$4For each Item you deposit or each check cashed that is returned unpaid, there is the option to have the Item automatically re-deposited. Enrollment in this service is required.

3

Business Extra Checking

California

Business Product Guide

Additional services

WIRE TRANSFERS

Outgoing Domestic Wires

Outgoing International Wires ? USD

Outgoing International Wires ? Foreign Currency

Online Financial Center Wires Monthly Maintenance (to enroll in and use the service)

$15 Online Financial Center $20 Online Banking for Small Business $20 Direct Access $35 Branch ? In Person $65 Telephone

$20 Online Financial Center $45 Direct Access $55 Branch ? In Person $75 Telephone

$15 Online Financial Center $35 Direct Access $45 Branch ? In Person $75 Telephone

$15

Fees for other services not listed here may be assessed--see applicable Business Deposit Fee Schedule.

1 Excludes PurePoint? Financial accounts.

2 Subject to Credit Approval.

3 A qualifying Elavon Merchant Services Account transaction is any debit or credit transaction from the Merchant Services Account to the Business Extra Checking account during the statement period. Monthly and other fees apply to the Merchant Services Account.

4 A qualifying Remote Deposit transaction is any deposit into the Business Extra Checking account during the statement period using the Remote Deposit service. Monthly and transaction fees apply to the Remote Deposit service.

5 A qualifying Online Financial Center Wire Transfer service transaction is any outgoing wire transaction, through the Online Financial Center, from the Business Extra Checking account during the statement period using the Online Financial Center Wire Transfer service. Monthly and transaction fees apply to the Online Financial Center Wire Transfer service.

6 A qualifying web Automated Clearing House (ACH) service transaction is any web ACH transaction from the Business Extra Checking account during the previous statement period using the web ACH service. Monthly and transaction fees apply to the web ACH service.

7 Merchant Services provided by Elavon. Subject to credit approval. Only applicable for a new Merchant Services Account with Elavon, which must be activated within 30 days of approval date to qualify. Application fee must be collected before rebate will be processed. Cannot be combined with another offer. Rebate will be applied to merchant's Elavon statement as a credit the month after account activation.

?2019 MUFG Union Bank, N.A. All rights reserved. Member FDIC. Union Bank is a registered trademark and brand name of MUFG Union Bank, N.A.

4

807003-006 (01/01/2019)

Business Extra Checking

Oregon & Washington

Business Product Guide

For us, it's important that you understand exactly how your Business Extra Checking account works. Below is an explanation of the key terms and fees for your business account. For additional details of terms and conditions governing your account and fees, please read the Business Accounts & Services Disclosure and Agreement and applicable Business Deposit Fee Schedule. For questions, please visit , call us at 800-238-4486, or stop by any Branch office.

MINIMUM DEPOSIT NEEDED TO OPEN ACCOUNT BALANCE REQUIRED TO MAINTAIN THE ACCOUNT INTEREST MONTHLY SERVICE CHARGE

MONTHLY ACTIVITY FEES

FEATURES AND SERVICES

$100 Note: Account is not available for public fund agencies.

Any amount greater than $0

No interest paid.

Monthly Service Charge

How to avoid the Monthly Service Charge

$22 (with Online Statement) OR $24 (with Paper Statement)

NOTE: If check images are requested with your Paper Statement, an additional $3 monthly fee will apply for front image of checks and $10 for both front and back image of checks.

No Monthly Service Charge when you meet the qualifying balance or use a qualifying service. Any of the following will qualify you to avoid the Monthly Service Charge:

Balance Options: 1. $10,000 Monthly Average Balance 2. $20,000 Monthly Combined Balance of linked business and personal accounts1

Qualifying services: 1. Linked business loan or line of credit2 2. Qualifying Merchant Service transaction3 3. Qualifying Remote Deposit transaction4 4. Qualifying Online Financial Center Wire transaction5 5. Qualifying web ACH transaction6

Combined Transactions1

Cash Deposited

Combined Transactions ? no charge Additional Combined Transaction

Cash Deposit ? no charge Additional Cash Deposit per $1,000

500 $0.40

$20,000 $2

Business Extra Checking accounts offer the following: ? Union Bank? Debit MasterCard BusinessCard?,

Business Full Service ATM Card ? Online Banking and Online Bill Pay ? Email and Text Alerts ? Mobile Banking ? Online Statements ? One linked Business Savings, Business Preferred

Savings, or Business MoneyMarket account with no monthly service charge ? One linked Ready to Go? personal checking account with no monthly service charge ? May be used for Business Deposit Overdraft Protection ? No Business Deposit Overdraft Protection Transfer Fee ? No fee for Incoming Wires

? No fee for using a Union Bank ATM Card or Debit Card to access your Business Extra Checking account at non-Union Bank ATMs, and up to 4 rebates per month of ATM fees charged by other banks (domestic only)

? No monthly service charge for transaction downloads made by accessing either Quicken? or QuickBooks? software directly; excess transaction and excess access fees will still apply

? New Service Offers:

? $50 discount on first order of business checks from Deluxe check printing

? Three-month waiver of Web Wire monthly fee

? $100 application fee rebated upon activation of new Merchant Services Account7

1

Business Extra Checking

Oregon & Washington

Business Product Guide

ATM FEES

Union Bank ATM Non-Union Bank ATM

$0When using a Union Bank ATM to complete deposits, withdrawals, and transfers between linked Union Bank accounts.

$1 When using a Union Bank ATM to obtain a mini statement.

$0For any Inquiries, Transfers, or Withdrawals while using a domestic non-Union Bank ATM, plus any fees the ATM owner or operator may charge.

$0For any Inquiries, Transfers, or Withdrawals while using a non-Union Bank ATM outside of the U.S., including Puerto Rico and the U.S. Virgin Islands, plus any fees the ATM owner may charge.

Fee is waived for Business Extra Checking account holders.

Fees for using your account when funds are not available

OVERDRAFT FEES

$33For each Debit/Item received for payment when you do not have enough money in your account or through an Overdraft Protection service. The fee is charged when the Debit is paid (Overdraft Item Paid) or returned (Overdraft Item Returned). There is a maximum of 6 Overdraft Fees per day. We will not charge this fee if your account is overdrawn less than $5.

CONTINUED OVERDRAFT FEE

$7Daily fee is charged for up to 5 Business Days beginning the 7th calendar day the account has been continuously overdrawn. The 1st calendar day is the day the overdraft occurred. No more than $35 will be charged for each period of continued overdraft.

BUSINESS DEPOSIT OVERDRAFT PROTECTION TRANSFER FEE (if you are enrolled)

$0 Each day a transfer of Available Funds is made through Business Deposit Overdraft Protection. Please see the Business Accounts & Services Disclosure and Agreement for details.

BUSINESS CASH RESERVE ACCOUNT (Subject to credit approval)

$10 Advance Fee each day an advance of $10 or more occurs from the Business Cash Reserve Account. ($0 for Business Cash Reserve Accounts opened in Washington)

Annual Percentage Rate (APR): (rates as of 01/22/2019)

16.8% for credit lines < $5,000 14.8% for credit lines $5,000

$25 Annual Fee.

Advances are subject to available credit on the Business Cash Reserve Account. The Advance Fee and Annual Fee are charged to the Business Cash Reserve Account. Ask a banker about current rates. Other terms and conditions apply and are subject to change. Please see the Business Cash Reserve Account Disclosure and Agreement for details.

BUSINESS LINE OVERDRAFT PROTECTION ? (Subject to credit approval)

$10Daily advance fee will be charged to each designated eligible checking account each day an advance is made from your Business line of credit.

Advances are subject to available credit on the Business line of credit. Ask a banker about the Business Line Overdraft Protection service including rates, other fees, terms and conditions. Terms subject to change. Please see the Line Overdraft Protection Service Agreement and Disclosure for details.

2

Business Extra Checking

Oregon & Washington

Business Product Guide

HOW DEPOSITS AND WITHDRAWALS WORK

The order in which deposits and withdrawals are processed (as applicable)

When your deposits are available

(Please refer to the Business Accounts & Services Disclosure and Agreement for Funds Availability details)

On each Business Day, we will:

1. Add deposits to your account, then

2. Subtract Adjustments and fees, followed by ATM and debit card transactions, generally within each transaction type, in ascending order (lowest to highest) by amount, then

3. Subtract checks, bill payments, and electronic debits (such as ACH) generally in descending order (highest to lowest) by amount.

? Cash: by the 1st Business Day after deposit ? Checks: generally the 1st Business Day after deposit, but sometimes longer ? Electronic direct deposit: same Business Day

If you make a deposit before the close of business on a Business Day that we are open, or as posted, we will consider that day to be the day of your deposit.

? In most cases, the first $200 of your deposit will be available by the 1st Business Day.

? If we are not going to make all deposited funds available by the 1st Business Day, we will notify you of the hold reason and when your funds will be available (generally no later than the 7th Business Day after the day of deposit).

A "Business Day" is Monday ? Friday, excluding federal holidays, even though we may be open Saturday or Sunday.

SOME OTHER FEES

Stop Payment Fee

Deposited Item Returned Fee

Automatic Re-Clear Fee

$30Per Item, or range of Items if the stop payment is placed through Telephone Banking Personal Service or at a Branch.

$15Per Item, if the stop payment order is placed through Online Banking or Telephone Banking Direct Service at 800-238-4486.

$9For each Item you deposit or each check cashed that is returned unpaid. Example: You deposit a check from someone who didn't have enough

money in their account. The amount of the deposit will be subtracted from your balance and you will be charged the Deposited Item Returned Fee.

$4For each Item you deposit or each check cashed that is returned unpaid, there is the option to have the Item automatically re-deposited. Enrollment in this service is required.

3

Business Product Guide

Business Extra Checking

Oregon & Washington

Additional services

WIRE TRANSFERS

Outgoing Domestic Wires

Outgoing International Wires ? USD

Outgoing International Wires ? Foreign Currency

Online Financial Center Wires Monthly Maintenance (to enroll in and use the service)

$15 Online Financial Center $20 Online Banking for Small Business $20 Direct Access $35 Branch ? In Person $65 Telephone

$20 Online Financial Center $45 Direct Access $55 Branch ? In Person $75 Telephone

$15 Online Financial Center $35 Direct Access $45 Branch ? In Person $75 Telephone

$15

Fees for other services not listed here may be assessed--see applicable Business Deposit Fee Schedule.

1 Excludes PurePoint? Financial accounts.

2 Subject to Credit Approval.

3 A qualifying Elavon Merchant Services Account transaction is any debit or credit transaction from the Merchant Services Account to the Business Extra Checking account during the statement period. Monthly and other fees apply to the Merchant Services Account.

4 A qualifying Remote Deposit transaction is any deposit into the Business Extra Checking account during the statement period using the Remote Deposit service. Monthly and transaction fees apply to the Remote Deposit service.

5 A qualifying Online Financial Center Wire Transfer service transaction is any outgoing wire transaction, through the Online Financial Center, from the Business Extra Checking account during the statement period using the Online Financial Center Wire Transfer service. Monthly and transaction fees apply to the Online Financial Center Wire Transfer service.

6 A qualifying web Automated Clearing House (ACH) service transaction is any web ACH transaction from the Business Extra Checking account during the previous statement period using the web ACH service. Monthly and transaction fees apply to the web ACH service.

7 Merchant Services provided by Elavon. Subject to credit approval. Only applicable for a new Merchant Services Account with Elavon, which must be activated within 30 days of approval date to qualify. Application fee must be collected before rebate will be processed. Cannot be combined with another offer. Rebate will be applied to merchant's Elavon statement as a credit the month after account activation.

?2019 MUFG Union Bank, N.A. All rights reserved. Member FDIC. Union Bank is a registered trademark and brand name of MUFG Union Bank, N.A.

807003-007 (01/01/2019)

4

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