Confidential

Thread Bank Consumer Deposit Account Agreement

Last updated: October 30, 2024

This Thread Bank Consumer Deposit Account Agreement, together with the Consumer Deposit Account  Agreement Disclosures (“Disclosures”), constitutes the “Agreement” that governs your demand deposit  account (“Account”) with Thread Bank (the “Bank”) established in connection with the Program  specified in the Disclosures. The Bank is a member of the Federal Deposit Insurance Corporation  (“FDIC”) chartered under the laws of the State of Tennessee. The Program Partner, as defined in the  Disclosures, is the company responsible for assisting the Bank with the administration of your Account  on behalf of the Bank.

Read this Agreement carefully and retain it for your future reference. By opening and continuing to hold  an Account with us, you agree to be bound by this Agreement, including any updates (see Section 8.6).  This Agreement becomes effective when you open or use an Account or allow it to be used or, if this  Agreement is provided to you to replace a previous agreement governing your Account, as set forth in  Section 8. You do not need to sign this Agreement.

You agree to be responsible for all uses of your Account(s). The agreement you make with us, and the  rights and obligations we both have, are governed by and will be interpreted according to Tennessee  and federal law. This Agreement also refers to and includes other disclosures we may provide to you,  including, but not limited to, the Disclosures. This Agreement, together with the Disclosures and any  other amendments or agreements related to the Account that you may receive from us or Program  Partner, establishes our and your rights and obligations with respect to the Account.

When you see the words “we,” “us,” or “our” in this Agreement, it refers to Bank and any of Bank’s  affiliates, successors, or assignees. When you see the words “you” or “your,” it refers to the individual  who opens an Account and in whose name an Account is maintained on our records, any joint owner of  each Account, any Authorized User, and any other authorized agent. When you see the word “person,”  it includes both natural persons and legal entities. When you see references to an Account (including  the use of or authorization to use an Account), it includes the Account, Account number, and any  associated debit card, debit card number, and debit card person identification number (“PIN”).

IMPORTANT NOTE: THIS AGREEMENT IS SUBJECT TO BINDING ARBITRATION AND A WAIVER OF CLASS  ACTIONS AND YOUR RIGHT TO A JURY. THE TERMS OF ARBITRATION AND THE WAIVER APPEAR IN THE  SECTION OF THIS AGREEMENT TITLED “ARBITRATION AND WAIVERS” BELOW.

1 Account Overview

1.1 How to Contact Us

You may contact us with any questions or concerns regarding your Account, including to access your  statements and transaction history, by following the instructions set forth in the Disclosures. Most  communication between you and us will be handled by the Program Partner. Please refer to the “How  to Contact Us” section of the Disclosures to find the specific contact information related to this Program  and other matters related to your Account.

For questions or concerns about the deposit sweep program, please contact us at  [email protected].

To opt out of mandatory arbitration, please send notice to 210 East Main Street, Rogersville, TN 37857. 1.2 Account Type and Eligibility

The Account is a demand deposit account used to hold your deposits and make certain types of  payments and transfers.

To open an Account, you must have a physical address within the fifty (50) United States, or the District  of Columbia, be at least 18 years of age, have a U.S. physical address or military address (APO or FPO),  and have a valid Social Security Number or Tax Identification Number. The Disclosures may contain  additional eligibility requirements that may be applicable to the Program.

This Account is only available to individuals for personal, family or household purposes and may not be  opened by a business in any form or used for business purposes.

We may set such eligibility criteria or decline to open an Account for any reason permitted by law in our  sole discretion. We are not liable for any liabilities, costs, expenses (including reasonable fees and  expenses for attorneys, experts and consultants, reasonable out-of-pocket costs, interest and penalties),  settlements, fines, fees, penalties, equitable relief, judgments, and damages ("Losses") resulting from  refusal of an Account relationship. We may also limit the number of Accounts that you have in our sole  discretion. Your Account is subject to security and fraud prevention restrictions at any time, with or  without notice.

1.3 FDIC Insurance

When we receive the funds that you deposit to your Account, the funds will be held and accounted for  so as to be eligible for FDIC insurance, subject to applicable limitations and restrictions of such  insurance. Bank may place your deposits with program banks as part of Bank’s deposit sweep program.  Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when placed at program banks in  the Thread Bank deposit sweep program. Your deposits at each program bank become eligible for FDIC  insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same  ownership capacity. You can access the terms and conditions of the sweep program  at https://thread.bank/sweep-disclosure/ and a list of program banks at https://thread.bank/program banks/. Please contact us as set forth in Section 1.1 with questions on the deposit sweep program.

1.4 Online or Mobile Access To Your Account