Apex
BANK
AGREEMENT FOR EXCLUSIVE SPONSORSHIP AND DEPOSITS
Prepared for:
Rose Korte Stites, Principal
Centerville Intermediate School
110 Mary Field Ave.
Centerville, TN 37033
Created By:
Apex Bank
314 N. Public Square
Centerville, TN 37033
This agreement has been entered into as of
between the following entities, Apex Bank
and Centerville Intermediate School; the mutual agreement is as follows:
Centerville Intermediate School will open and continually operate in good standing all banking-related accounts for the
duration of this agreement, and Apex Bank will provide Centerville Intermediate School the following:
Summit Business Checking Accounts
Estimated Value
Interest bearing at 0.20%
$ 100
Waive all fees
$ 500
$1,500 yearly donation
$1,500
Annual estimated donation: $2,100
Total estimated donations over the 5-year agreement: $ 10,500
The parties further agree as follows:
1. The term of this agreement is for 5 years, beginning
and expiring on
.
2. It is also agreed that Centerville Intermediate School will fully transition full banking account relationship to Apex Bank no
later than August 1, 2026.
3. The Apex Bank Logo will be displayed:
Rights to place signage on / under the scoreboard in the school gymnasium
4. Coordinate with the principal to arrange an on-site visit to meet with teachers and staff.
5. Flex classes throughout the year with students.
6. All Centerville Intermediate School accounts will be held at Apex Bank through the term of this agreement.
Centerville Intermediate School does hereby agree to release, acquit, and forever discharge Apex Bank from any and
all claims, actions, causes of action, lawsuits, damages, liabilities, obligations, warranties, agreements, rights, costs,
expenses, attorneys' fees, judgments, claims, counterclaims, cross claims, and demands of any nature whatsoever, in any
way relating to the subject matter of the Agreement, including damage to person or property.
Authorized representatives from Centerville Intermediate School and Apex Bank do hereby agree to enter into this
agreement by signing below.
Rose Korte Stites, Principal
Marcy Tindle
Centerville Intermediate School
Apex Bank
Date:
Date:
Account Opening Documentation:
Proof of EIN
Letter from Principal stating Apex Bank has permission to open account
List of all signers on accounts
- Two forms of ID on all signers
Driver's License
SS Card, Voters Registration Card, Health Insurance Card, etc

## Table 1

| Summit Business Checking Accounts | Estimated Value |
| --- | --- |
| Interest bearing at 0.20% | $ 100 |
| Waive all fees | $ 500 |
| $1,500 yearly donation | $1,500 |