AAA Deposit Program In Partnership with

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AAA Deposit Program In Partnership with
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• Top 40 largest bank in the U.S.
• Four Star ranking from Bankrate.com
• GREEN by Veribanc their best rating
• FDIC insured with over 36.2 Billion in assets
• Well capitalized and profitable
• All information as of 12/31/08 FDIC call
  report

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Products Offered

• CDs Certificates of Deposit
• IRA CDs Individual Retirement Account
• MMA Money Market Account

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Certificates Of Deposit - CDs
A fixed rate investment product which earns a
higher rate of return than a traditional Savings
Account or Money Market Account for leaving the
funds on deposit for a specific period of time.
In most cases a longer term equates to a higher
interest rate. A penalty may apply for early
withdrawal.
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CDs

• Product Overview
• Terms available from 3 months to 10 years
• Interest compounded daily
• Interest credited monthly
• Easy account renewal
• FDIC insured up to 250,000 per depositor per
  deposit category (until 12/31/2013 then back to
  100,000)
• Cannot add additional funds to funded accounts
• Member Benefits
• Members receive a 5 basis points higher rate than
  Discovers national rate
• No minimum balance requirement

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Individual Retirement Accounts - IRA
A personal long term savings plan that offers
tax advantages to an individual who sets aside
money for retirement on a annual basis.
Individuals may contribute to this savings plan
or rollover from other existing plans without
penalty.
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IRA

• Product Overview
• No annual maintenance fees or setup fees
• No minimum investment
• Term 3 months to 10 years
• Easy account renewal
• No maintenance fees
• FDIC insured up to 250,000 per depositor per
  deposit category (until 12/31/2013 then back to
  100,000)
• Member receives a 5 basis point higher rate than
  Discover customers
• No minimum balance required

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IRAs

• Traditional
• Roth
• Have the member call the bank to discuss the IRA
  products.
• 1-888-204-8990

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Money Market Accounts - MMA
An investment account designed for people who
require more withdrawal and deposit flexibility
than a CD, but less than a checking account. The
interest rate is lower than a CD but higher than
an interest bearing checking account. Some
restrictions apply.
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MMA

• Product Overview
• Up to 6 withdrawals per statement cycle
• No more than 3of 6 by check and/or debit card to
  a third party
• Free personalized checks
• Free ATM/Debit card
• No minimum to open account
• Balance minimum 1,500 by the 3rd statement cycle
  (between 60 and 90 days of account opening) 10
  fee for each cycle below 1,500
• No monthly maintenance fee for balances over
  1,500
• FDIC insured up to 250,000 per depositor per
  deposit category (until 12/31/2013 reverts to
  100K)
• Member receives a 5 basis point higher rate than
  Discover customers

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AAA Debit Card, Checks and Deposits Tickets for
MMA
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Quick Reference Guide
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Open an Account

• Members can open an account via
• Take-One (from branches)
• Internet AAA.com/Deposits
• By phone [phone]

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AAA Website

• AAA.com/Deposit
• Clubs website

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Marketing Channels

• Direct mail
• Internet
• Branch
• Member Events
• Print (Club Publications, Newspapers)
• Cross sell with
• Insurance Agents
• Travel Agents
• Call center Reps

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Member Service

• 24/7
• Assist with account opening and/or questions
• Phone answered AAA
• Customer Service 1-888-204-8990(Hearing
  impaired 1-800-347-7454)
• Account opening 1-888-728-3230

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Summary

• Special Member Pricing
• Members receive 5 basis points (.05) higher rate
  than non-members
• Example
• Discover Rate 1.95
• AAA Rate 2.00
• No minimum balance to open a CD, IRA or Money
  Market Account
• Money Market Account minimum of 1,500 by the
  3rd statement cycle (between 60 and 90 days of
  account opening)
• Member must go through Discover Bank to open an
  IRA

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