Important Account Changes:

Changes in the FDIC standard maximum deposit insurance:

Previously $100,000, the current standard maximum deposit insurance amount (SMDIA) is now $250,000! The FDIC insurance coverage limit applies per depositor, per insured depository institution for each account ownership category. You can find additional information regarding FDIC’s deposit insurance coverage through the use of the FDIC’s Electronic Deposit Insurance Estimator (EDIE) and deposit insurance publications located on the FDIC’s website at: https://www.fdic.gov/edie/index.html. Depending on how accounts are structured, it is very likely that customers could achieve multiple $250,000 insurance amounts for various accounts. Please contact us if you need any assistance in calculating your insured deposits.

Changes in temporary FDIC insurance coverage for transaction accounts:

All funds in a ‘‘noninterest-bearing transaction account’’ are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules. The term ‘‘noninterest-bearing transaction account’’ includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, money market deposit accounts, and Interest on Lawyers Trust Accounts (‘‘IOLTAs’’). For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

Savings Accounts Only:

1. The following ‘Withdrawal Limitations’ have been amended as follows:

As dictated by Federal Regulation, you may make six (6) transfers from your account each four (4) week or similar period (1 month), if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions) made by the depositor and payable to third parties. If this restriction is repeatedly violated, the bank will be required to, at its discretion, either convert your savings account to a transaction account or close the account. In either case, you will forfeit any accrued interest since the last interest payment. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are not subject to this restriction, although they are subject to the excess withdrawal fee of $3.00 per item in excess of three per quarter.

2. The following ‘Fee Changes’ have been amended as follows: (Effective February 1, 2011)

There will be a minimum balance fee of $3.00 (previously $2.00) per month if the daily collected balance falls below $100 on any day during the month. Additionally, our Stop Payment and Non-sufficient Funds Fees of $33 per item now apply to all savings accounts.