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CDARS^�and IND^�
Promontory Interfinancial Network, LLC

FREE Webinar: Intelligent Funding and Relationship Building Solutions

Promontory offers FREE webinars on intelligent funding and relationship building solutions designed to help financial institutions to compete more effectively. To learn more, or to register for one of Promontory's free webinars, click here, or visit www.promnetwork.com.

For more immediate information, contact Promontory's Senior Managing Director, Steve Kinner at (866) 776-6426, (ext. 3445). For an ABA due diligence report on CDARS, email spolestak@aba.com.

Promontory Interfinancial Network, LLC ("Promontory") provides smart, innovative solutions which enhance the profitability of banks and other financial institutions. By using Promontory's CDARS^� and IND^�, financial institutions can directly manage their liquidity positions and, ultimately, their bottom lines. As a member of the Promontory Network, your bank can use the ABA-endorsed CDARS and IND services to do one or more of the following:

CDARS^� (or the Certificate of Deposit Account Registry Service^�)

Promontory's flagship service, CDARS^�, (also known as the Certificate of Deposit Account Registry Service^�), enables Network members to offer each of their customers access to $50 million or more in FDIC insurance coverage, and to keep the full amount of those deposits on balance sheet or to sell the funding for fee income. As of 12/31/2009, CDARS holdings average $1.5 million per customer with reinvestment rates averaging approximately 80 percent. In addition to using CDARS to attract deposits, Promontory Network members can use the service to purchase wholesale funds at favorable rates without burdensome collateralization or stock purchase requirements.

As a deposit-gathering tool, CDARS provides each Promontory Network member with the opportunity to serve as the one bank that meets all its customers' needs. Using CDARS, customers can access:

Safety � Deposits are eligible for multi-million-dollar FDIC insurance coverage.
Convenience � With CDARS, investors manage one bank relationship, earn one rate per maturity on their entire investment, and receive one regular account statement, eliminating the need for multiple rate negotiations and manual consolidation of account statements. By providing access to multi-million-dollar FDIC insurance, CDARS can also eliminate the need for private insurance or collateralization � so that customers can say "goodbye" to tracking changing collateral values. (And, by providing access to insurance coverage for deposits that, if uninsured, would have required collateral or surety bonds, CDARS also increases the flexibility for financial institutions to manage their investment portfolios, while decreasing their administrative tracking burdens.) Investors can also benefit from receiving only one 1099 at year end.
Rate � Customers earn CD-level returns. Depending on a bank's offering, these rates may compare favorably with other investment alternatives, including Treasuries, sweep accounts, and money market funds.
Community Investment � In CDARS^�Reciprocal^SM transactions, the full value of a customer's deposit can support lending opportunities that strengthen the local community, which can be an important selling point for some depositors.

When a bank places a customer's deposit using the CDARS service, the deposit is broken into amounts under the standard FDIC insurance maximum, making the full amount eligible for FDIC insurance coverage. The initial deposit is then allocated among other members of the Network. In return, the originating bank receives either matching deposits or fee income. This choice provides banks with a flexible balance sheet management tool, regardless of the individual institution's liquidity position. Note: Each originating bank sets the interest rate it offers and maintains complete ownership of its customer relationships. Funds can be placed through different types of transactions. Learn more about CDARS Reciprocal transactions. Learn more about CDARS^� One-Way Sell^SM transactions.

In addition to the above, CDARS provides Promontory Network members with the ability to purchase short- or long-term fixed rate funding. Participating banks can set their own bid rates and enjoy quick turnaround times (bid Wednesday and receive funds the next business day). Learn more about CDARS^� One-Way Buy^SM transactions. Learn more about CDARS^� Floating-Rate Funding^SM transactions.

CDARS is offered in all 50 states and the District of Columbia, by over 3,000 Network members. Read what bankers are saying about the service.

More about CDARS.

To learn more about CDARS, please visit www.promnetwork.com or contact Promontory directly at (866) 776-6426 or contactus@promnetwork.com.

IND^� (or Insured Network Deposits^SM)

Promontory's IND^� service provides cost-effective, uncollateralized, floating-rate funding to Network members. Members can access amounts ranging from $25 million to multiple billions of dollars for terms of three to five years or more. Rates are based on a set spread over an established rate (e.g., the Federal Funds Effective Rate or LIBOR). IND funding comes from cash held in millions of brokerage sweep accounts across the nation.

The IND service has been designed with careful attention to regulatory compliance. The integrity of IND's design is of great importance to Promontory, which values its reputation for compliance and the trust placed in it by its customers.

Approximately 95% of IND deposits will be classified as savings deposits on a bank's Call Report, and thus are not subject to reserves.

Banks open "omnibus" accounts only, so the administrative/accounting burden associated with using the IND service is minimal. Individual account records are maintained by the broker-dealer. Banks utilizing the service settle on a daily basis, but do not pay settlement fees; the total cost of funds is the rate agreed upon with Promontory. The movement of funds between broker-dealers and banks is settled through IND's settlement bank � The Bank of New York Mellon.

More about IND.

To learn more about IND, please visit www.promnetwork.com or contact Promontory's Treasury Desk at (866) 776-6426, option2, or treasury_desk@promnetwork.com.

CAB CONTACT PERSON

Lisa Gold Schier (202) 663-5098
E-mail: lgoldsch@aba.com

CDARS and IND are registered service marks of Promontory Interfinancial Network, LLC.