Danville State Savings Bank

109 N. Main St. 102 S. Walnut St.

Danville, Iowa New London, Iowa

LOAN RATE TABLE

These Rate Charts contains Information about annual percentage rates (APR) and representative payments of some of the loan products we offer.

Rates effective: January 4, 2010

Replaces: November 30, 2009 Ratesheet

Real Estate Mortgages	Annual Percentage Rate	Sample payment per $1,000 borrowed	Balloon payment at end of term per $1,000 borrowed

One Year Balloon^{20 year amortization}	5.95%	$7.14 per thousand monthly payment	$980.26
Three Year Balloon^{20 year amortization}	6.10%	$7.22 per thousand monthly payment	$923.04
Ten year Balloon^{20 year amortization}	6.30%	$7.34 per thousand monthly payment	$659.49

All loan payments must be made by Automatic Funds Transfer (AFT)
No closing fees. Rates listed are for owner occupied housing.
Other real estate loans rates may be .40% higher.

Commercial and Ag Operating Loans	Annual Percentage Rate	Sample payment per $1,000 borrowed

One year term or less	6.50%	$86.28 per thousand monthly payment (Sample Term 12 months)
Over one year to three years	6.75%	$30.76 per thousand monthly payment (Sample Term 36 months)
Over three years to five year term	7.50%	$20.04 per thousand monthly payment (Sample Term 60 months)

Deduct .50% on all agriculture and commercial loans if we are furnished with tax returns, financial statement, and cash flow projections.

Auto Loans	Annual Percentage Rate	Sample payment/$1,000.00 borrowed (Sample payment based on maximum term)

Auto (2006 to 2010) up to 72 month term	8.00%	$17.53 per thousand monthly payment
Auto (2005 and older) up to 36 month term, unless low miles	9.25%	$31.91 per thousand monthly payment

All auto loan rates may be reduced by .25% with auto-debit
Used auto loan rates may be reduced by .25% for low mileage
*Both discounts can be applied to a single loan

Unsecured Loans	Annual Percentage Rate	Sample payment (Sample Term 12 months)

$500.00 or less	16.50%	$500.00 principal $45.46 monthly payment
More than $500.00, Less than $1,000.00	14.50%	$750.00 principal $67.48 monthly payment

Although every effort is made to keep this rate chart current, changes in interest rates or product offerings may be made at any time without notice. To verify current rate information, please call (319) 392 - 4261 during regular business hours