August 23, 2011
Dear Valued Golden Security Bank Customer:
Today, Golden Security Bank is officially a member of the First General Bank family…
It is a great pleasure to announce that today marks a very special moment in time – In April, we announced a merger plan with Golden Security Bank – a merger that will bring together two superior institutions.
Today, the merger is successfully completed. Golden Security Bank is officially a member of the First General Bank family - Golden Security Bank becomes the Rosemead Branch of First General Bank.
What this means to you…
Until the system integration is completed (scheduled for November 2011), generally, there are no changes to your Golden Security Bank accounts. All deposit and loan accounts remain in effect, your account numbers will remain the same, and the same familiar bank personnel will be available to assist with your everyday banking needs. The Golden Security name changed to First General Bank. However, our commitment to providing the highest level of customer service will continue unchanged
Once the integration is completed, you will enjoy, for example:
- Increased banking locations (Arcadia, Rowland Heights, San Gabriel and Irvine)
- Expanded services, including online banking, bill payment, remote deposit, SBA loans, etc.
We will provide you with more information of the conversion, as we move along in the upcoming months.
FDIC Insurance…
In general, if you have maintained accounts at both Golden Security Bank and First General Bank BEFORE the merger, they will continue to be separately insured by the FDIC for six months after the merger—and longer in the case of some certificates of deposit (CDs). For additional details about FDIC insurance, please contact our branches or visit the FDIC’s website at www.fdic.gov.
Our Commitment to you…
Both Golden Security Bank and First General Bank share a common philosophy of superior customer service and a passion for excellence. We are confident that the merger will create even more rewarding banking relationship for you through a wider choice of banking services and expanded branch network, while enjoying the same great service that you have come to expect.
Once again, welcome!
If there are any questions regarding this letter, please contact Mr. Lito Gonzales at 626-289-5788.
Sincerely,
Cliff J. Hsu
President & Chief Executive Officer
Please visit First General Bank’s website at www.fgbusa.com