FDIC's Transaction Account Guarantee Program.

   C&G Savings Bank is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through June 30, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules. NOW accounts, such as Municipal NOW accounts, earning greater than .50% do not qualify for the guarantee.

For more information please call us or the FDIC at 1-877-ASKFDIC or you can refer to the FDIC web site at http://www.fdic.gov/regulations/resources/TLGP/faq.html

You may also reference the latest information by accessing FDIC Financial Institution Letter at http://www.fdic.gov/news/news/financial/2009/fil09022.pdf