Disclosures

Government regulations require that we make the following disclosures available to you when you apply for an account with Centier. You may print these disclosures for your files, if you wish.

FDIC Transaction Account Guarantee Program

Centier Bank is participating in the FDIC’s Transaction Account Guarantee Program. Under this program, through June 30, 2010, all non-interest bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules. This also includes accounts commonly known as Interest on Lawyers Trust Accounts (IOLTAs) (or functionally equivalent accounts), and all Negotiable Order of Withdrawal accounts (NOW accounts).

Required Minimum Distribution Waived for 2009

On December 23, President Bush signed into law the Worker, Retiree and Employer Recovery Act of 2008. In addition to significant pension legislation, this law waives the 2009 requirement that IRA owners age 70 1/2 or older during 2009 take minimum distributions. Also, beneficiaries of traditional and Roth IRAs are not required to take minimum distributions from IRAs for 2009. Similar waiver rules may apply to employer plan participants and their beneficiaries.

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