Notice of First Shareholder's Meeting

Notice of First Shareholders’ Meeting
The first shareholders’ meeting of (name of national bank/Federal savings
association) will be held on (date) at (time) at (location). Only those shareholders of
record at the close of business on (date) will be entitled to vote.
For a national bank, cumulative voting is permitted in the election of directors.
Each shareholder shall have the right to (describe cumulative voting in the election
of directors as permitted under 12 USC 61). (For a Federal savings association,
cumulative voting in the election of directors is permitted if provided for in the
association’s charter.)
For all other purposes, each share is entitled to one vote.
Fixing Number of Directors
For a national bank, all shares of stock represented by proxies in the accompanying
form will be voted in favor of fixing the number of directors to be elected at
(number), being the number of the following nominees. A majority vote of the
shares represented at the meeting is required to fix such number.
Nominees for Election of Directors
Name

Age

Principal Occupation
or Employment (5 years)

Beneficial
Ownership

For a Federal savings association, the number of directors is set forth in the bylaws.
Ratification of Articles of Association (or Charter (and bylaws) for Federal savings
associations) and Acts of Organizers
Proxies given to management will be voted in favor of ratifying the Articles of
Association (or Charter), Organization Certificate, and other official actions of the
organizers, organizing directors, and officers. Copies of the Articles of Association
(or Charter), Organization Certificate, and minutes of meetings of the organizing
board of directors will be open until the meeting for examination by shareholders of
record during business hours at the office of the association (street address). (A brief
description of any other transactions the shareholders ratified should be inserted.)
Approval of Organization Expenses
Proxies given to management will be voted in favor of approval of organization
expenses totaling $(amount) to be paid out of the capital funds of the association.
An itemized list of such expenses will be available and read at the meeting.
Other
The transaction of such other and further business as may properly come before the
meeting.

Date

By Order of the Organizing
Board of Directors
__________________________
Secretary