WASHINGTON TRUST

Truth in Savings Disclosure

FREEDOM STATEMENT SAVINGS

Rate information - Your interest rate and annual percentage yield may change.

Frequency of rate changes - We may change the interest rate and annual percentage yield on your account at any time.

Determination of rate - At our discretion, we may change the interest rate on your account.

Compounding and crediting frequency - Interest will be compounded monthly. Interest will be credited monthly.

Effect of closing an account - If you close your account before interest is credited; you will not receive the accrued interest.

Minimum balance to open the account - You must deposit $25.00 to open this account.

Daily balance computation method - 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.

Accrual of interest on non-cash deposits - Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).

Transaction Limitations - There are no transactions allowed by check, draft, and debit card purchases.

Rate information

Tier 1 - If your daily balance is $2,499.99 or less, the interest rate paid on the entire balance in your account will be 0.00% with an annual percentage yield of 0.00%.

Tier 2 - If your daily balance is $2,500.00 to $24,999.99, the interest rate paid on the entire balance in your account will be 0.05% with an annual percentage yield of 0.05%.

Tier 3 - If your daily balance is $25,000.00 to $49,999.99, the interest rate paid on the entire balance in your account will be 0.05% with an annual percentage yield of 0.05%.

Tier 4 - If your daily balance is $50,000.00 to $249,999.99, the interest rate paid on the entire balance in your account will be 0.05% with an annual percentage yield of 0.05%.

Tier 5 - If your daily balance is $250,000.00 to $999,999.99, the interest rate paid on the entire balance in your account will be 0.05% with an annual percentage yield of 0.05%.

Tier 6 - If your daily balance is $1,000,000.00 or greater, the interest rate paid on the entire balance in your account will be 0.05% with an annual percentage yield of 0.05%

Consumer Products TSD (FSAV) 1/2023