FDIC Notice

NOTICE OF 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 also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts.

NOTICE TO CUSTOMERS WITH TRANSFER OR SWEEP ACCOUNTS

Basin State Bank participates in the Transaction Account Guarantee program your non-interest bearing* transaction account has unlimited FDIC deposit insurance. This insurance is in addition to the FDIC's normal deposit insurance coverage of $250,000.00. However, if you have a non-interest bearing* transaction account with a transfer account with a transfer or sweep arrangement to an interest bearing account or product, that transfer could decrease your FDIC deposit insurance coverage.

*includes transaction, IOLTA accounts, and also "NOW" accounts that earn less than .5% in Annual Percentage Yield (APY).

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

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