Your bank is doing fine! But with all the news attention the national banks are getting, you want to know that your money is in the best hands possible. That’s why Union Bank and its division, Rose Rock Bank, is a solid choice for long-term financial security. We are not only standing strong — but we are growing and building a more prosperous future. So you can rest easy knowing that you’re with an organization that has the experience, resources and staying power to help you ensure your financial success.

Integrity

Now more than ever, it’s important for you to work with a bank that has a reputation for responsible, insightful local decision-making. Union Bank and its division, Rose Rock Bank, has no securities or investments with Freddie Mac or Fannie Mae and our loans and deposits are with local people we know and trust.

Safety

Union Bank and its division, Rose Rock Bank, insures deposits through the FDIC (Federal Deposit Insurance Corporation), which is an independent agency of the United States government. The FDIC protects you against the loss of your deposits if an FDIC-insured bank or savings institution fails. FDIC insurance is backed by the full faith and credit of the United States government. Since the FDIC’s creation in 1933, no depositor has ever lost even one penny of FDIC-insured funds. The Dodd-Frank Wall Street Reform and Consumer Protection Act signed by President Barack Obama on July 21, 2010, made permanent the current standard maximum deposit insurance amount (SMDIA) of $250,000. The FDIC coverage limit applies per depositor, per insured depository institution, for each account ownership category.

FDIC (Federal Deposit Insurance Corporation) Coverage Information

Union Bank and its division, Rose Rock Bank, is owned and maintained by Olney Bancshares, Inc (OBI). The FDIC insures banks according to registered bank charters. Union Bank and its division, Rose Rock Bank, is listed under the same charter within the FDIC. As a result, deposits held at Union Bank and its division, Rose Rock Bank, are only insured up to $250,000 per depositor. By utilizing additional charters registered with the FDIC through our holding company, we are able to insure additional deposits up to 10 times beyond the current coverage limits. This figure multiplies even more with proper account structuring. Union Bank and its division, Rose Rock Bank, also participates in CDARS (Certificate of Deposit Account Registry Service), which enables us to insure up to $50 Million in deposits.

Transaction Account Guarantee Program

Union Bank and its division, Rose Rock Bank, is participating in the FDIC’s Transaction Account Guarantee Program (“TAGP”). Under the TAGP, through December 31, 2010, all “NON INTEREST-BEARING TRANSACTION ACCOUNTS” are fully guaranteed by the FDIC for the entire amount in the account. Coverage applies to all personal and business checking deposit accounts that do not earn interest, low-interest NOW accounts (NOW accounts that cannot earn more than 0.25% interest), and IOLTA accounts.

The bank’s “Treasury Checking” and the “Interest with Attitude” NOW accounts DO NOT qualify as “noninterest-bearing transaction accounts” under the TAGP, and ARE NOT eligible for the guarantee. Both NOW accounts would be eligible for the separate coverage that is available under the FDIC’s general deposit insurance rules.

Coverage under the TAGP is in addition to, and separate from, the coverage available under the FDIC’s general deposit insurance rules.

Strength

Union Bank and its division, Rose Rock Bank, finished the first quarter of 2010 in a very strong financial position. Some of the highlights include:

Olney Bancshares, Inc (OBI), the holding company for Union Bank and its division, Rose Rock Bank, has total Oklahoma assets of nearly $1 billion. With capital funds of $123,760,000, our risk based capital ratio is 12.94%*. This risk based capital ratio is much higher than required for a bank of our size, which together with applicable FDIC insurance makes us one of the safest places to put your money. As a whole, OBI has over $1.5 billion of bank assets and bank capital of over $158,000,000.

*Figures according to the 2010 first quarter call report.