We have been advised that on Friday, May 4, 2012, the Office of the Comptroller of the Currency closed Security Bank, National Association (N.A.), North Lauderdale, Florida and the Federal Deposit Insurance Corporation (FDIC) was named receiver. All deposits have been transferred to Banesco USA, Coral Gables, Florida and will be available immediately.
The former Security Bank, N.A. locations will reopen as branches of Banesco USA, Coral Gables, Florida during regular business hours.
For more information about Banesco USA., visit their web site at Banesco USA. (www.banescousa.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.
** This Alert should be kept as a permanent part of your records to assist in your compliance with the requirements contained herein.
** Please provide a copy of this Alert to your staff so they can read it and become aware of its contents.
Should you have any questions please call The Fund's Underwriting Department at 800-432-9594 or send an E-mail to: underwriting@thefund.com.