ELECTRONIC DELIVERY DISCLOSURE NOTICE

This consent for electronic delivery applies to all required disclosures regarding your UBM DIRECT SAVINGS ACCOUNT you have with Ultima Bank Minnesota, and is effective until withdrawn by you. Agreeing to accept disclosures electronically means that once the Bank presents them to you, and if necessary, you click to accept them, they will apply to you and your accounts.

If you are opening an account online, you must accept electronic delivery of all disclosures. Printed versions of this information are not available for online applications, but are available if you choose to open an account by mail.

Electronic acceptance of disclosures means that Ultima Bank Minnesota will not mail them to you unless requested by you at a later date. To request a hard copy of a disclosure or to have all future disclosures provided to you in hard copy, you must write Ultima Bank Minnesota at P.O. Box 299, Fosston, MN 56542, or use a method that may be made available to you on this web site. In general, disclosures that are posted to ultimabank.com will be available to customers in good standing for 24 months after they are posted. Here is a list of some of the disclosures you may get electronically:

Account Opening Documents
Statements
Year-end tax information
Preauthorized electronic funds transfers
Change-in-terms information for your account
Annual notices re: electronic funds transfers and our privacy policy
Any other disclosures that we are required to provide
Notices related to any dispute you might raise under the Electronic Funds Transfer or Truth in Lending Acts

If Ultima Bank Minnesota determines that an e-mail message to you regarding any disclosure is undeliverable, we may, at our discretion, choose to mail that disclosure to you using United States mail.

You may withdraw consent for electronic delivery of disclosures, but doing so will not affect the legal effectiveness, validity, or enforceability of electronic records that were made available to you prior to the implementation of your withdrawal. To withdraw consent, or to provide updated information on how the Bank may contact you electronically, you must write to Ultima Bank Minnesota at P.O. Box 299, Fosston, MN 56542 or use a method that may be made available to you on this website. If you withdraw consent for electronic delivery, Ultima Bank Minnesota will provide required disclosures to you using United States mail.

The minimum hardware and software requirements to accept and retain electronic disclosures are defined by your ability to operate one of the following Internet browsers:

Windows 2000, Windows ME and Windows XP
Microsoft Internet Explorer 6.0 or higher
Mac OS X
Netscape Communicator 7.0 or higher
Adobe Acrobat Reader® version 6.0 is required to view documents (version 7.0 is recommended for best performance). If a document is unable to be viewed due to an incorrect version of Adobe Acrobat, a newer version of Adobe Reader can be acquired at www.adobe.com/Acrobat.