Community Banks

May 3, 2004

Nuts & Bolts: A new package of insurance policies from the Chubb Group of Insurance Companies is aimed at helping community banks minimize coverage gaps through an integrated mix of six coverages tailored to each customer’s needs. Chubb’s ForeFront Portfolio for Community Banks consists of insurance policies for directors and officers liability, bankers’ professional liability, employment practices liability, fiduciary
liability, outside directorship liability and lender liability.

Dollars: Chubb will market this package of coverages to community banks with assets of $1 billion or less that operate in a small
geographical area. In addition to being able to select which of the coverages they would like to purchase, customers can choose to have separate limits for each coverage, opt for an aggregate limit for all the coverages, or
combine coverages under aggregates, as the needs of the bank require.

Carrier: Executive Risk Indemnity, Federal Insurance Co.

States Available: All states except Alaska, Louisiana, Vermont, Virginia and
Wyoming.

Contact: Local Chubb branch office or Jeffrey J. Brown, (908) 903-2664 or jjbrown@chubb.com.