Dear customers, friends and neighbors,

With all the recent media coverage of a troubled financial market, chances are you’re trying to make sense of the economic climate, and the security of your own deposits.

The first thing I want you to know is your deposits are safe at Plains Commerce Bank. All deposits are FDIC secured up to $250,000* as an individual, with greater coverage for joint accounts, alternative ownerships, and IRAs.

Secondly, Plains Commerce Bank is well capitalized and financially sound, and we will navigate the current economic environment as successfully as we have other challenging times over the past 77 years. As the FDIC and many other banking associations have recognized, the vast majority of our nation’s banks are strong, safe and stable.

We will continue to do our very best to earn your trust every day by keeping your deposits safe and by using our resources to help finance your dreams.

Sincerely,
Steve Hageman
CEO, Plains Commerce Bank

*The legislation authorizing the increase in deposit insurance coverage limits makes the change effective October 3, 2008 through December 31, 2013.