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Federal Deposit
Insurance Corporation

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

Question and Answer Guide

Evergreen State Bank, Stoughton, WI

The FDIC has put together the following responses to issues or questions bank customers frequently have following a bank failure. This should assist you in understanding what is happening at your bank.

Evergreen State Bank, Stoughton, WI failed on January 28, 2011. The Wisconsin State Department of Financial Institutions closed the bank and named the Federal Deposit Insurance Corporation (FDIC) the Receiver. Subsequent to the failure, McFarland State Bank, McFarland, WI acquired most of the deposits and assets of Evergreen State Bank from the FDIC as the Receiver.

YOUR MONEY IS SAFE! No one lost any money on deposit because of the failure of this bank.

ACCESS TO YOUR MONEY: You may continue to use your existing checks and make deposits.  Checks will clear up to the available balance in your account.  Your ATM/Debit card will continue to work as usual.  The total balance in your account(s), including checking, savings, money market, non-brokered certificates of deposit, and retirement accounts, has been transferred to McFarland State Bank and is available for transactions during regular business hours at the former bank branches.

DIRECT DEPOSITS: All direct deposits including, social security checks, payroll, veteran’s benefits, welfare, disability, unemployment, or any payment you receive electronically will continue as usual.

AUTOPAYMENTS/BILLPAY: These account services will continue as usual.  Your routing number and account number will remain the same until McFarland State Bank notifies you in writing.

INTEREST RATES: You will be paid interest on your deposits through close of business the day the bank failed at your same rate.  Thereafter, McFarland State Bank may change interest rates.  However, you may withdraw funds from any transferred account without early withdrawal penalty until you renew your Certificate of Deposit.

BROKERED DEPOSITS: As an All-Deposits Transfer transaction, the total of all deposit accounts, excluding the Cede & Co. deposits, has been assumed by McFarland State Bank. If you are a customer who has a Evergreen State Bank deposit through a broker, you must contact your broker with any questions.

SAFE DEPOSIT BOXES: You may continue to access your safe deposit box during normal business hours. McFarland State Bank will communicate any changes.

OVERDRAFT LINES OF CREDIT: McFarland State Bank has acquired these lines of credit.  Please contact McFarland State Bank if you have additional questions regarding these accounts.

LOAN PAYMENTS: You should continue to make your payments according to the terms of your loan contract. You may continue to make your payments at the branch office or send it to the same payment address with checks made payable to the old bank.

ESCROW PAYMENTS: All services previously performed related to your loan will continue. Should you receive notification that any portion of your taxes or insurance were not paid, notify your loan officer immediately.

LOANS IN PROCESS: Please contact your current loan officer directly.

SHARES OF STOCK: The holding company, First National Bancorporation of Stoughton, Inc., Stoughton, WI owns all shares of bank stock. The holding company is not included in the closing of the bank or the resulting receivership. If you are a shareholder of First National Bancorporation of Stoughton, Inc., please do not contact or file a claim with the Receiver. You may contact the holding company directly for more information:

First National Bancorporation of Stoughton, Inc.
207 South Forrest Street
Stoughton, WI 53589

CLAIMS: Please send claims for unpaid bills to the following address:

FDIC as Receiver for Evergreen State Bank
1601 Bryan Street
Dallas, TX  75201
Attention: Claims Agent

DEPOSIT INSURANCE INFORMATION: If you have insured accounts in both the failed and McFarland State Bank, those accounts are insured separately for at least six months following the merger of the banks. This will allow you time to restructure your accounts, if necessary.

ADDITIONAL QUESTIONS: You may contact the FDIC Call Center at the number provided below with any additional questions:

FDIC Call Center
Toll free number 1-800-517-1846
Hours of Operation - Central Time
Friday, January 28, 2011: Until 9:00 p.m.
Saturday, January 29, 2011: 9:00 a.m.- 6:00 p.m.
Sunday, January 30, 2011: Noon - 6:00 p.m.
Thereafter: 8:00 a.m. - 8:00 p.m.

REPORTERS/MEDIA: Requests for information may be directed to the Office of Public Affairs, Greg Hernandez 1-202-898-6984.

SCAMS: Be watchful for and resistant to any scams to obtain information from you by individuals or entities stating that they are acting on behalf of either the failed bank, new bank, or the FDIC. Should you be contacted by anyone requesting private information from you related to this event, please contact the call center above and you will be directed to the appropriate person.

For more information:

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