Disclosures

Disclosures

FAIR LENDING POLICY

As a commercial bank, the primary function of this institution is to make loans that are mutually beneficial to the bank, its stockholders, and the bank's customers. As a part of this function, it is the general purpose of management of this bank to grant all the sound short-term local loans which resources permit and opportunity affords.

This bank does not and will not practice "red-lining". That is, loans will not be denied based on location in a particular area within our trade area. Rather, each loan will be evaluated on sound credit factors.

It is the policy of this bank to rigorously adhere to both the letter and spirit of the laws pertaining to the extension of credit and the regulation of banking. Examples of consumer laws include Truth in Lending, Fair Credit Reporting and Equal Credit Opportunity.

The bank shall not discriminate against credit applicants on the basis of race, color, religion, national origin, sex, marital status, physical condition, handicap, familial status, developmental disability or age (provided the applicant has the capacity to contract), or because all or part of the applicant's income derives from any public assistance program, or because the applicant has, in good faith, exercised any right under the Consumer Credit Protection Act.

The bank will notify applicants of action taken on their applications; report credit history in the names of both spouses on an account; retain records of credit applications; and collect information about the applicant's race and other personal characteristics in applications for certain dwelling loans.

FAIR HOUSING ACT

Equal Housing Opportunity Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.

Equal Housing Opportunity Slogan: "Equal Housing Opportunity."