1. Introduction
2. Press Release
3. Acquiring Financial Institution
4. Question and Answer Guide
5. Banking Services
6. Loan Customers
7. Possible Claims Against the Failed Institution
8. Priority of Claims
9. Dividend Information
10. Brokered Deposits

The FDIC has assembled useful information regarding your relationship with this institution.  Besides a checking account, you may have Certificates of Deposit, a car loan, a business checking account, a commercial loan, a Social Security direct deposit, and other relationships with the institution.  The FDIC has compiled the following information, which should answer many of your questions.

Your transferred deposits will be separately insured from any accounts you may already have at Stearns Bank, N.A. for six months after the failure of ebank. Checks that were drawn on ebank that did not clear before the institution closed will be honored as long as there are sufficient funds in the account.  For more information on deposit insurance, you may speak to an FDIC representative regarding deposit insurance by calling 1-866-934-8944 or visit EDIE, the FDIC's Electronic Deposit Insurance Estimator.

EDIE - FDIC's Electronic Deposit Insurance Estimator

You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with Stearns Bank, N.A. as long as the deposits are not pledged as collateral for loans. You may view more information about Stearns Bank, N.A. by visiting their web site.

Stearns Bank (www.stearns-bank.com)

As of Monday, August 24, 2009, you may continue to use the services to which you previously had access, such as safe deposit boxes, night deposit boxes, wire services, etc.

Your checks will be processed as usual.  All outstanding checks will be paid against your available balance(s) as if no change had occurred.  Your new bank will contact you soon regarding any changes in the terms of your account.  If you have a problem with a merchant refusing to accept your check, please contact your branch office.  An account representative will clear up any confusion about the validity of your checks.

All interest accrued through Friday, August 21, 2009, will be paid at your same rate.  Stearns Bank, N.A. will be reviewing rates.  You will be notified of any changes.

Your automatic direct deposit(s) and/or automatic withdrawal(s) will be transferred automatically to your new bank.  If you have any questions or special requests, you may contact a representative of your assuming institution at your branch office.

For all questions regarding new loans and the lending policies of Stearns Bank, N.A., please contact your branch office.

Please see A Borrower’s Guide to an FDIC Insured Bank Failure for additional information.

If you or your company provided a service or product, leased space, furniture, or equipment to ebank after Friday August 21, 2009 and have not been paid you do not have a claim against ebank. Please follow your normal billing procedures by providing an invoice as instructed.

Claims against failed financial institutions occur when bills sent to the institution remain unpaid at the time of failure. If you or your company provided a service or product, leased space, furniture, or equipment to ebank prior to Friday August 21, 2009 and have not been paid you may be entitled to a claim against the bank. If you provided a product to or a service for ebank prior to the bank's failure for which you have not been paid and you have not received communication, contact:

Please note:  There are time limits for filing a claim, your claim must be filed on or before 11/25/2009.

Depositors

General Unsecured Creditors

Subordinated Debt

Stockholders

Dividend Information on Failed Financial Institutions

Deposit Broker's Processing Guide