![]() The Board of Directors of SharePlus Federal Bank has voted unanimously in favor of a plan of conversion whereby SharePlus Federal Bank will convert from The offer is made only by the prospectus. This is not an offer to sell or a solicitation of an Inc., the Federal Deposit Insurance Corporation or any other government agency. The shares of common stock being offered are not savings accounts or deposits and are not insured or guaranteed by SharePlus Federal Bank, SP Bancorp, September 7 th, in observance of the Labor Day ![]() Please note that theĬonversion Center will be closed from 12:00 noon Friday, September 3rd, through 12:00 noon Tuesday, , Monday through Friday, between the hours of 10:00 a.m. If you have any questions after reading the enclosed material, please call our Conversion Center at no later than 4:00 p.m., Dallas Time, on day,, 2010. Your order must be physically received (not RETURN, by hand delivery to any full service branch, or by overnight courier to the SP Bancorp, Inc. Subscribe for shares of common stock, please complete the enclosed stock order form and return it to SP Bancorp, Inc., together with your payment for the shares, by mail using the enclosed postage-paid envelope marked STOCK ORDER Please read the prospectus carefully before making an investment decision. The enclosed prospectus describes the stock offering of SPīancorp, Inc. common stock on a priority basis, before the stock is offered to the general public. Holder, you may take advantage of your nontransferable rights to subscribe for shares of SP Bancorp, Inc. Voting for approval will not obligate you to buy any shares of common stock. If the plan of conversion is approved, let me assure you that:ĭeposit accounts will continue to be federally insured to the maximum extent permitted by law Įxisting deposit accounts and loans will not undergo any change and Please vote by returning all proxy cards received. If you have more than one account, you may receive more than one proxy. Trustee for your account, intends to vote in favor of the plan of conversion on your behalf. If you have an IRA or other Qualified Retirement Plan account for which SharePlus Federal Bank acts as trustee and we do not receive a proxy from you, SharePlus Federal Bank, as Telephone, or by internet, as instructed on the proxy card. Please support us by returning your proxy by mail using the enclosed postage-paid envelope marked PROXY RETURN. You can also vote by The enclosed material and then casting your vote in favor of the plan of conversion. On behalf of the Board, I ask that you help us meet our goal by reading To accomplish the conversion, your participation is extremely important. We are converting so that SharePlus Federal Bank will be structured in theįorm of ownership that we believe will best support the Banks future growth. SharePlus Federal Bank has voted unanimously in favor of a plan of conversion whereby SharePlus Federal Bank will convert from the mutual to the stock form of organization.
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