FDIC INSURANCE NOTIFICATION OF CHANGES

Notice of Change in FDIC Insurance Coverage Resulting from Premier Business Bank and First Mountain Bank Merger
Premier Business Bank ("PBB") acquired First Mountain Bank on January 29, 2016, and is now a division of Premier Business Bank. First Mountain Bank, Premier Business Bank, and Premier Bank of Palos Verdes (also a division of PBB) are the same FDIC-insured institution. Deposits held at any one of these banks are not separately insured, but combined to determine whether a depositor has exceeded the $250,000 federal deposit insurance limit.

If you have questions regarding your FDIC insurance coverage, please refer your inquiries to one of our experienced customer service representatives.

Notice of the Repeal of the Temporary Full FDIC Insurance Coverage for Non-Interest Bearing Transaction Accounts.
As reflected in Section 343 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the temporary unlimited insurance coverage program for non-interest bearing accounts administered by the FDIC was terminated as of 12/31/2012. Effective January 1, 2013, funds in applicable interest and non-interest bearing accounts (including an IOLTA) will be FDIC-insured to the legal maximum of $250,000 for each ownership category.