HILLTOP BANK

401(k) Time Deposit Investment Alternative

Name of Investment Hilltop National Bank Time Deposit
Name of Issuer Hilltop National Bank Trust & Financial Services
Type or Category of Investment FDIC Insured Deposit
Website (if any) for Investment https://www.hilltop.bank/trust-investments/time-deposit-investment-alternative/
Other Identifying Information Not Applicable
Investment’s Objectives or Goals The Fund is a money market savings account that seeks to maintain a stable net asset value (NAV) of $1.00 per Share. The Fund’s investment objective is to provide current income consistent with stability of principal.
Investment’s Principal Strategies & Asset Types The investment seeks to limit principal risk through FDIC coverage and also seeks to limit interest rate risk by adjusting the interest rate the first day of each calendar quarter.
Investment’s Principal Risks Individual participant balance exceeds FDIC coverage.
Investment’s Portfolio Turnover Rate Not Applicable
Description of Shareholder-Type Fees None
Total Annual Operating Expenses None
Fixed or Stated Return Investments
Fixed or Stated Annual Rate of Return Not Applicable
Term of Investment The interest rate paid on this account will be set the first day of each calendar quarter. The rate will be the coupon equivalent yield on the average auction rate of the last 26 week Treasury Bill auction of the previous calendar quarter.
If Adjustable Rate, Current Return 2.085% as of July 1, 2019
If Adjustable Rate, Guaranteed Return Not Applicable
If Adjustable Rate, Contact Information Hilltop National Bank Trust & Financial Services (307) 577-3462
Performance Information as of 12/31/2018 1 Year 5 Year 10 Year
Hilltop Bank Time Deposit 2.0198% 0.7282% 0.4519%
Citi Treasury Bill 3 Month 1.86% 0.60% 0.35%

This information details past performance but is no guarantee of future investment performance.

Updated as of July 2, 2019.

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