Each depositor insured to at least $250,000 per insured bank

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
11. Purchase and Assumption Agreement (560 kb PDF File - PDF Help) 
12. Bid Summary
13. Mutual Bank Contact Information
14. Balance Sheet Summary

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 United Central Bank for six months after the failure of Mutual Bank. Checks that were drawn on Mutual Bank that did not clear before the institution closed will be honored as long as there are sufficient funds in the account. If you have questions about your account(s) transferred to the assuming bank, you may speak to an FDIC representative regarding deposit insurance by calling 1-800-930-5172.

For general questions about FDIC deposit insurance coverage, please call 1-877-275-3342 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 United Central Bank as long as the deposits are not pledged as collateral for loans. You may view more information about United Central Bank by visiting their web site.

United Central Bank (www.ucbtx.com)

As of Saturday, August 1, 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, July 31, 2009, will be paid at your same rate.  United Central Bank will review rates and notify you if interest rates will change.

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 United Central Bank, 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 Mutual Bank after Friday July 31, 2009 and have not been paid you do not have a claim against Mutual Bank. 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 Mutual Bank prior to Friday July 31, 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 Mutual Bank 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 11/04/2009.

Depositors

General Unsecured Creditors

Subordinated Debt

Stockholders

Deposit Broker's Processing Guide