1. Over $100,000   What if I have more than $100,000 in my accounts at First Priority Bank?
2. Is my account fully insured?   Is there a method to verify whether my account(s) at First Priority Bank are fully insured?
3. Deposit Broker/Brokered Deposits   I am a deposit broker or I have a deposit through a broker.  What do I need to do?
4. Lose Any Money?  Will I lose anything on my deposit account?
5. Uninsured  Will I collect my uninsured deposits?
6. What Happened?  What happened?  Why did the bank fail?
7. Customer Impact  How does this failure affect me?
8. Claim Account(s)  How do I claim my account(s)?
9. ATM/Debit Card/Checks  Can I continue to write checks or use my ATM/Debit card?
10. Final Statement   How will I get my final account statement(s) from First Priority Bank?
11. Interest  Will I continue to earn interest at the same rate?
12. Internet Connection   Why doesn’t my Internet connection to First Priority Bank work?
13. IRAs   What if I have an Individual Retirement Account (IRA)?  Will my savings still be insured?
14. Wire Transfer   Can funds be wired to me?
15. Interest Check/Cashier's Checks  Can I cash my interest check or cashier's check?
16. Records/Account Histories  What if I need information regarding my account during the time First Priority Bank was in business?
17. Direct Deposits - Government Deposits  What will happen to my direct deposits?
18. Automatic Payments/Online Billpay  Will my automatic payments through online Billpay continue?
19. Outstanding Checks   What will happen to the checks which have not cleared my account?
20. Loans   How do I make my loan payments?
21. FDIC Insurance  How can I find out more about Federal Deposit Insurance rules?
22. Safe Deposit Boxes   How can I claim the contents of my safe deposit box?
23. Unpaid Bill   I did some work for First Priority Bank and have not yet been paid.  What should I do?
24. Tax Reporting - 1098/1099s   Who will send my 1098 and/or 1099 information after the end of the year?
25. Media   I represent a TV/Newspaper/Radio and would like some information.
26. New Bank Insured   Is the new bank insured by the FDIC?
27. Deposits Existing at Assuming Bank  I already have other deposit accounts with the new bank.  When combined with balances at this bank, my deposits exceed $100,000.  Are all funds insured?
28. Checks not Honored  A merchant will not honor my check.  What can I do?
29. Early Withdrawal Penalty   Will I incur an early withdrawal penalty if I close my CD before maturity?
30. Account Hold   I have been advised there is a hold on my account.  What does that mean?
31. Loans in Process   What happens if I had a loan in process that had not closed or a line of credit that was not fully funded?
32. All Deposit Transfer versus Insured Deposit Transfer  Why do all deposits, insured and uninsured, pass in some transactions but not in others?
33. Shareholder  I am a shareholder.  What happens to my shares?

If you are an investor with a deposit broker, you may need to complete one of these forms only if your investment exceeds $100,000.  However, you must mail your form to your deposit broker for submission to the FDIC.

The FDIC will pay uninsured depositors a liquidating dividend of 50% of any uninsured money.  This will be paid by check and will be mailed to your address of record with the bank within two weeks after your insurance determination.

If your deposits DO NOT exceed $100,000, you DO NOT need to complete these documents or contact the FDIC.

An account hold may be placed on an account due to the need for additional documentation from a depositor.  For example, a Declaration for Trust form may be required to attest to the parties involved in the trust.  These forms can be mailed to you, or you can access them online at Deposit Claims.

If you have a question regarding the completion of required affidavits or declarations, please call 800-837-0215 and indicate you have a Form Completion Question.

You may fax your forms to 703-812-7486 or mail them to:

FDIC as Receiver for First Priority Bank
1601 Bryan
Dallas, TX 75201

If you have more than $100,000 in your account, or if the total of your related accounts exceeds $100,000, your accounts may require review by an FDIC Claim Agent and you should call the FDIC to schedule an appointment with an FDIC Claim Agent.

Deposit Broker Processing Guide

Should you have any questions regarding the completion of required affidavits or declarations on behalf of your client, please call 800-837-0215 and indicate you have a Form Completion Question.

If you are a customer who has a First Priority Bank deposit through a broker, you must contact your broker with any questions.  Once the FDIC receives a balanced investor file along with all the required documentation, from your broker, your insured funds will be wired to them on your behalf.

If you have more than $100,000 in your account (or $250,000 in your IRA), or if the total of your related accounts exceeds $100,000, your accounts may require review by an FDIC Claim Agent.  All accounts that appear to be related are reviewed to determine ownership and insurance coverage.  See question number 1 for information regarding forms you may need to complete to expedite this process.

The FDIC will pay uninsured depositors a liquidating dividend of 50% of any uninsured money.  This will be paid by check and will be mailed to your address of record with the bank within two weeks after your insurance determination.

When a financial institution is closed, and the Federal Deposit Insurance Corporation ("FDIC") is appointed as receiver, one of FDIC's responsibilities is to sell the institution's assets to pay the depositors and its creditors.  The money generated by the sale of these assets will flow through the Receivership, and periodic dividend payments will be made to proven claimants when excess cash is available.

For an explanation of the dividend process go to FDIC Dividends from Failed Banks.

Of course, you will receive immediate full payment for your insured amount by transfer to SunTrust Bank.  If you have a deposit through a broker, your insured funds will be wired to your broker on your behalf once the FDIC receives all required documentation from your broker.

If the balance in your account(s) (this includes any accounts in which you have an ownership) is less than $100,000, no action is required on your part at this time.  Your entire account(s) will be transferred to SunTrust Bank and will be available for business as usual during regular business hours.

If you have more than $100,000 in your account (or $250,000 in your IRA), or if the total of your related accounts exceeds $100,000, your accounts may require review by an FDIC Claim Agent.  All accounts that appear to be related are reviewed to determine ownership and insurance coverage.  Certain entitlements and different types of accounts can be insured in excess of the $100,000.  If you think you might have uninsured deposits, please see question number 1 for information regarding forms you may need to complete to expedite this process.

If you had a loan with the bank, you should continue to make your payments and send them to the same address you have used in the past until you are instructed otherwise.  Continue to make your checks payable to First Priority Bank. If you have further questions about your loan you may call 941-750-6400, option 3.

The former First Priority Bank locations will reopen as branches of SunTrust Bank.  Please note you will not be able to transact business at existing SunTrust branches until you are notified.  Existing customers of SunTrust will not be able to transact business at these former First Priority Bank branches.

If you deposited funds through a broker, the interest will accrue and be paid through Friday, August 1, 2008.

If you close your IRA before maturity, or receive a dividend check for 50% of any uninsured portion of your IRA, you have 60 days to roll this over into another retirement vehicle.  You should consult IRS Publication 590 and/or your tax advisor concerning the possible tax consequences of such distribution.  IRS Publication 590 may be obtained by contacting your local IRS office or via the Internet at www.irs.gov.

Deposit Insurance
Are my deposits insured?
EDIE

CDs from the assumed bank are separately insured until the earliest maturity date after the end of the six-month grace period.  CDs that mature during the six-month period and are renewed for the same term and in the same dollar amount (either with or without accrued interest) continue to be separately insured until the first maturity date after the six-month period.  If a CD matures during the six-month grace period and is renewed on any other basis, it would be separately insured only until the end of the six-month grace period.

Another reason an account hold may be placed is due to the need for additional documentation from a depositor.  For example, a Declaration for Trust form may be required to attest to the parties involved in the trust.  These forms can be mailed to you, or you can access them online at Deposit Claims.

If you have a question regarding the completion of required affidavits or declarations, please access instructions on completing the declarations.  If your question is not resolved by going to the website, please call 800-837-0215 and indicate you have a Form Completion Question.

You may fax your completed forms to 703-812-7486 or mail them to

FDIC as Receiver for First Priority Bank
1601 Bryan
Dallas, TX 75201