FDIC Transaction Account Guarantee Notice

Washington Savings Bank is participating in the FDIC's Transaction Account Guarantee Program (TAGP). 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. Washington Savings Bank has elected to exclude "WSB Checking" under this program because the interest paid on this account exceeds the Federal Limit allowed under the TAGP. For the WSB checking account and all savings and certificate of deposit accounts, the first $250,000 of the account is insured by the FDIC and any amount over the FDIC limit is insured in full through the Depositor Insurance Fund (DIF).