GENERATIONS BUSINESS SAVINGS ACCOUNTS

Business Money Market

• $1,000 to open
• $1,000 Minimum Monthly Balance
  $10 per month if below minimum
• Interest compounded monthly
• Limited transactions
• $0.50 for each over minimum
• Monthly statement with images
• Interest is subject to change daily and tiered:
  $      0.01 - $ 24,999
  $    25,000 - $99,999   
  $ 100,000 - $249,999
  $250,000 – above

Business Relationship Money Market
Features:

• High yield Money Market account for business customers whose total relationship is $250,000 or more
• Interest paid based on the following tiers:
  $      0.01 - $  24,999  
  $  25,000 - $  99,999
  $100,000 - $249,999  
  $250,000 or more       
  $2,500 minimum balance to avoid $10 service charge

Public Relationship Money Market
Features:

• High yield Money Market account for public entities whose total relationship is $250,000 or more
• Interest paid based on the following tiers:
  $      0.01 - $  24,999  
  $  25,000 - $  99,999  
  $100,000 - $249,999  
  $250,000 or more                   
  $2,500 minimum balance to avoid $10 service charge

Simplified Employee Pension Plan (SEPP)
You need to own a business in order to open a SEPP.  Your company may contribute up to 25% of your pay (20% if you are self-employed up to a maximum of $46,000 for 2008)

• Contributions are excluded from your taxable income
• Employees do not contribute, only the employer
• Employer must contribute to same percentage for each employee
• Employees may withdraw from their SEPP at any time, but they are taxed in the same
  manner as an IRA withdrawal
• Employer chooses whether to contribute each year and at what percentage

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