Save for your retirement years with a Texas Gulf Bank IRA. You and your spouse may annually invest up to $5,000 each, even if you already participate in an employer-sponsored plan. Individuals 50 and over may contribute an additional $1,000 each for tax year 2009.

Additional Information
Variable Rate: Your interest rate and annual percentage yield may change and we may change the interest rate on your account at any time. Interest will be compounded and credited to your account every quarter. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue on the business day you deposit non-cash items (for example, checks).

You may make unlimited deposits into your account. Additions permitted in a minimum amount of $50.00. A penalty may be imposed for withdrawals before maturity if your account has an original maturity of 31 days or less. The fee we may impose will equal 7 days' interest on the amount withdrawn subject to penalty. If your account has an original maturity of 32 days through one year the fee we may impose will equal one months' interest on the amount withdrawn subject to penalty.

If your account has an original maturity of more than one year the fee we may impose will equal 3 months' interest on the amount withdrawn subject to penalty.

In certain circumstances such as the death or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. Other exceptions may also apply, for example, if this is part of an IRA or other tax-deferred savings plan.

The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.

For any time deposit which earns an interest rate that may vary from time to time during the term, the interest rate we will use to calculate this early withdrawal penalty will be the interest rate in effect at the time of the withdrawal.

The automatically-renewable account will automatically renew at maturity. You may prevent renewal if you withdraw the funds in the account at maturity (or within any grace period mentioned below) or we receive written notice from you within any grace period mentioned below. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, interest will not accrue after final maturity.

Each renewal term will be the same as the original term, beginning on the maturity date. Interest will be calculated on the same basis as during the original term. You will have 10 calendar days after maturity to withdraw the funds without a penalty. The non-automatically renewable time account will not automatically renew at maturity. If you do not renew the account, interest will not accrue after final maturity.

Fixed Rate: Interest will be compounded and credited to your account every quarter. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue on the business day you deposit non-cash items (for example, checks). A penalty may be imposed for withdrawals before Maturity. If your account has an original maturity of one year or less, but more than 31 days the fee we may impose will equal 1 months' interest on the amount withdrawn subject to penalty. If your account has an original maturity of more than one year, the fee we may impose will equal 3 months' interest on the amount withdrawn subject to penalty. If your account has an original maturity of 31 days or less, the fee we may impose will equal seven days interest on the amount withdrawn subject to penalty. In certain circumstances such as the death or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. Other exceptions may also apply, for example, if this is part of an IRA or other tax-deferred savings plan. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. The Automatically Renewable Time Account will automatically renew at maturity. You may prevent renewal if you withdraw the funds in the account at maturity (or within any grace period mentioned below) or we receive written notice from you within any grace period mentioned below. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, interest will not accrue after final maturity. Each renewal term will be the same as the original term, beginning on the maturity date. The interest rate will be the same we offer on new time deposits on the maturity date which have the same term, minimum balance (if any) and other features as the original time deposit. You will have 10 calendar days after maturity to withdraw the funds without a penalty. The Non-automatically renewable time account will not automatically renew at maturity. If you do not renew the account, interest will not accrue after maturity.