Prohibited Practices - Old Harbor Bank, Clearwater, Florida

We have been advised that on Friday, October 21, 2011, the Florida Office of Financial Regulation closed Old Harbor Bank, Clearwater, Florida, and appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Ist United Bank, Boca Raton, Florida, to assume all of the deposits of Old Harbor Bank, Clearwater, Florida.

The former Old Harbor Bank locations will reopen as branches of 1st United Bank, Boca Raton, Florida during regular business hours. We have been advised that deposits of Old Harbor Bank, Clearwater, Florida, will continue to be insured by the FDIC, and that checks drawn on the bank will be processed. Depositors of the failed bank automatically became depositors of 1st United Bank, Boca Raton. All deposit accounts, including brokered deposits, have been transferred to 1st United Bank, Boca Raton, Florida and will be available immediately.

For more information about 1st United Bank, visit their web site at
http://www.1stunitedbankfl.com

If you have any questions about the change-over, you can call the FDIC toll-free at 800-830-4697, or visit the FDIC's web site at: http://www.fdic.gov.

This ALERT has been published for the sole purpose of meeting the company's predetermined underwriting criteria, and should in no way be construed as the opinion of The Fund as to the financial stability or impropriety of the parties or entities named in this ALERT.