SUMMARY

It's true! Gulf Advantage Checking is a FREE checking account that pays 4.61%APY* and refunds nationwide ATM fees up to $35 per month! To receive monthly rewards, all you have to do is meet 3 simple requirements-- things you are probably doing already. The best part is that if you don't do everything you need to do to get the rewards one month, don't worry--you still get a great free checking account, earn .25% APY* interest and you can try again to meet the requirements the next month.

Gulf Advantage Checking offers the following rewards:
* Pays 4.61% APY*-CD-like rates on a FREE Checking account
on balances from $0-$25,000!
* Pays 1.01% APY*-on balances $25,000.01-$50,0000
* Refunds up to $35 on nationwide ATM Fees
* FREE Visa CheckCard

REQUIREMENTS: To earn higher than .25% APY* and receive up to $35 in ATM fee refunds perform the following each monthly statement cycle:
1 - Make at least 12 CheckCard purchase transactions.
2 - Receive a monthly electronic statment in lieu of a paper
statement
3 - Have at least one Direct Deposit or ACH Auto Debit

* DISCLOSURE: *4.61% Annual Percentage Yield (APY) paid on daily balances between one penny and $25,000 each monthly statement cycle the minimum requirements are met. Daily balances greater than $25,000 will earn an APY ranging from 4.61% to 2.80% depending on the daily balance in the account. (The APY of 2.80% corresponds to an assumed daily balance of $50,000; the APY of 4.61% corresponds to an assumed daily balance of $25,000.01) If you do not meet the three requirements per cycle as stated above, your account will still function as a free checking account earning 0.25% APY; however, it will not receive ATM refunds for that time period. APYs accurate as of 2/14/2008. We may change the interest rate and APY any time after the account is opened at our discretion. No minimum balance required. However, you must deposit a minimum of $50 to open this account. No monthly service charge. Available to personal accounts only. MEMBER FDIC.