CMS Case Study

March 4, 2022

Executive Vice President – Chief Financial Officer Cloyd Bank & Trust 711 Gunter Avenue Greenbow , AL 35976

Dear CFO :

Thank you for your interest in Deposits360°® - Darling Consulting Group’s Core Deposit Study and Customer Analytics Subscription Service. The following proposal puts forth the engagement for the setup, deposit study, and access to the online assumption monitoring and analytics tool. The Deposits360°® project will look at account and customer-level data for deposits to support the assumptions in your risk models. Our lead consultants will provide a written report of the results and methodologies and then present the findings to your ALCO. The goal is to discuss how to apply this learned information for proactive risk management purposes, and overall deposit strategy. As a reminder, your subscription provides ongoing state-of-the-art analytics that will bring clarity to the extensive data embedded within your deposit systems. Your ability to analyze trends and activities related to your non-maturity and time deposits is sure to bring valuable information to the surface. We will send a finalized Deposits360°® contract upon agreement of these terms. Should you have any questions, please feel free to call or email me at your convenience. We look forward to the opportunity to provide added value to you and your team!

Sincerely,

DARLING CONSULTING GROUP, INC.

Eric Poulin Account Manager

EP/rad

Enclosures

260 Merrimac Street  Newburyport, MA 01950  978.463.0400  Fax: 978.465.6033  darlingconsulting.com