Murphy Bank Merger

Dear Valued Customer, On December 31, 2013, the holding company that owns Murphy Bank purchased the holding company that owned Old Towne Bank. Since that time, we have diligently worked to make the ownership transition as seamless as possible for you. We are committed to continuing the same tradition of reliability, integrity and responsiveness that Old Towne Bank customers enjoyed for the last 108 years. While you will continue to be served by the same familiar faces that you have grown accustomed to, we believe that the added benefits that Murphy Bank brings will help enhance your overall banking relationship. As of January 2, 2014, we expanded lobby and cut-off hours for same-day credit at each Old Towne Bank branch. When our transition process is completed, you will have access to three additional branch locations and more ATMs for your banking convenience. The next step in this process is converting operating systems between Old Towne Bank and Murphy Bank, scheduled to occur over the weekend of April 26, 2014. As expected, there will be some changes to accounts. This comprehensive welcome packet is designed to help you understand those changes by providing you with information about the products and services Murphy Bank offers—many of which were not available through Old Towne Bank. It also includes information about your Murphy Bank account, account disclosures, office locations and contact information. If you find you still have questions, please do not hesitate to contact us. Thank you for your support during this process. We are proud to be your bank and look forward to serving your financial needs! Sincerely, Andrew Murphy President, Murphy Bank

www.mcompany.com

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