Introductory BSA/AML Examiner School, Atlanta, CA

Bank of Smithville USA

Page 6

MEETING WITH MANAGEMENT An exit meeting was conducted on September 5, 20XX to discuss the findings of the BSA target review. Representing the bank were CEO Smith, CFO Moore,. Representing the SBD were BEM Dereck Pack,. Representing the FDIC were Assistant Regional Director Joseph A. Meade, Field Supervisor, Senior Examiner-Long, and Senior Examiner Brown; Special Activities Case Manager and Case Manager participated telephonically. CLOSING ITEMS The contents of this letter are subject to the confidentiality restrictions embodied in Part 309 of the FDIC Rules and Regulations and A.C.A § 23-46-101 of the Bank Department Regulations. Except as provided therein, Directors, officers, or employees may not disclose or make public in any manner any portion of the letter. A written response is required within 45 days of the date of this letter. In your response, please detail the actions taken, or planned, to address the recommendations discussed in this letter and the prospective date of implementation of each action. In addition, we request that the Board of Directors adopt a Board Resolution designed to address the most significant weaknesses identified during this targeted review. A draft Board Resolution is enclosed for your consideration. Please direct any questions or comments regarding the contents of this letter to FDIC Case Manager Please address any correspondence to our respective addresses listed above. Sincerely, Sincerely,

Assistant Regional Director Federal Deposit Insurance Corporation

Bank Commissioner State Banking Department