Exhibit 99.4
Bank Logo Here
YOU ARE CORDIALLY INVITED
to a Community Investors Meeting
to learn more about the Conversion of
Harvard Savings Bank and the stock offering of
Harvard Illinois Bancorp, Inc.
Senior executives of Harvard Savings Bank and its investment bankers will present information and answer your questions about the Plan of Conversion and Reorganization from a mutual holding company to a stock holding company and the Prospectus, as well as about the business and operations of Harvard Savings Bank.
Date #1
Venue Location
Address
Time
Stock Information Center:
Monday through Friday
9:00 a.m. to 4:00 p.m. Central Time
Phone
The shares of common stock being offered are not deposits or savings accounts and are not insured by the Federal Deposit Insurance Corporation or any other governmental agency.
This is not an offer to sell or a solicitation of an offer to buy common stock. The offer is made only by the Prospectus.
[BANK LOGO HERE]
PROXY GRAM
PLEASE VOTE TODAY
We recently sent you a proxy statement and related materials regarding a proposal to convert Harvard Savings Bank from a mutual holding company to a stock holding company form of organization.
Your vote on the Plan of Conversion and Reorganization has not yet been received.
Voting for the reorganizationdoes not obligate you to purchase stock and will not affect
your accounts or FDIC Insurance Coverage.
Not Returning Your Proxy Card has the Same Effect as Voting
“Against” the Conversion and Reorganization
Your Board of Directors Unanimously Recommends a Vote “FOR”
the Conversion and Reorganization
Your Vote Is Important To Us!
Please sign the enclosed proxy card and return it in the postage-paid envelope providedTODAY!If you received more than one proxy card, please be sure to sign, date and return all cards you received.
Thank you, |
Duffield J. Seyller III President and Chief Executive Officer Harvard Savings Bank |
If you have already mailed your proxy card(s), please accept our thanks and disregard this notice.
For further information, callSTOCK INFO #.
[BANK LOGO HERE]
PROXY GRAM II
PLEASE VOTE TODAY
We recently sent you a proxy statement and related materials regarding a proposal to convert Harvard
Savings Bank from a mutual holding company to a stock holding company form of organization.
Your vote on the Plan of Conversion and Reorganization has not yet been received.
Voting for the conversiondoes not obligate you to purchase stock and will not affect your accounts or
FDIC Insurance Coverage.
Not Returning Your Proxy Card has the Same Effect as Voting
“Against” the Conversion and Reorganization
Your Board of Directors Unanimously Recommends a Vote “FOR”
the Conversion and Reorganization
Our Reasons for the Corporate Change
Our primary reasons for converting and raising additional capital through the offering are to:
• | increase our lending capacity by providing us with additional capital to support new loans and higher lending limits |
• | support the growth of our banking franchise, including the modernization and, if practicable, expansion of our branch network |
• | retain and attract qualified personnel by establishing stock-based benefit plans for management, directors and employees |
Your Vote Is Important To Us!
Please sign the enclosed proxy card and return it in the postage-paid envelope providedTODAY!If you received more than one proxy card, please be sure to sign, date and return all cards you received.
Thank you, |
Duffield J. Seyller III President and Chief Executive Officer Harvard Savings Bank |
If you have already mailed your proxy card(s), please accept our thanks and disregard this notice.
For further information, call STOCK INFO CENTER #.
FACTS ABOUT CONVERSION
The Board of Directors of Harvard Savings, MHC unanimously adopted a Plan of Conversion and Reorganization (the “Plan”) pursuant to which Harvard Savings Bank will convert from the mutual holding company to the stock holding company form of organization.
This brochure answers some of the most frequently asked questions about the conversion and about your opportunity to invest in the common stock of Harvard Illinois Bancorp, Inc., the newly-formed corporation that will become the holding company for Harvard Savings Bank following the conversion.
Investment in the common stock of Harvard Illinois Bancorp, Inc. involves certain risks. For a discussion of these risks and other factors, including a complete description of the offering,investors are urged to read the accompanying prospectus, especially the discussion under the heading “Risk Factors.”
WHYIS HARVARD SAVINGS BANKCONVERTINGTOTHESTOCKHOLDINGCOMPANYFORMOFORGANIZATION?
A conversion to the stock holding company form of organization will enable Harvard Savings Bank to access additional capital through the sale of common stock by Harvard Illinois Bancorp, Inc. This additional capital may support future lending and operational growth, enhance profitability and earnings through reinvesting the proceeds, support future expansion of operations through the establishment or acquisition of banking offices or other financial service providers and implement equity compensation plans to retain and attract qualified directors and employees.
WHATEFFECTWILLTHECONVERSIONHAVEONEXISTINGDEPOSITANDLOANACCOUNTSANDCUSTOMERRELATIONSHIPS?
The conversion will have no effect on existing deposit or loan accounts and customer relationships. Deposits will continue to be federally insured by the Federal Deposit Insurance Corporation to the maximum legal limit. Interest rates and existing terms and conditions on deposit accounts will remain the same upon completion of the conversion. Contractual obligations of borrowers of Harvard Savings Bank will not change and there will be no change in the amount, interest rate, maturity, security or any other condition relating to the respective loans of customers.
ARE HARVARD SAVINGS BANK’SDEPOSITORSREQUIREDTOPURCHASESTOCKINTHECONVERSION?
No depositor or other person is required to purchase stock. However, depositors and other eligible persons will be provided the opportunity to purchase stock consistent with the established priority of subscription rights, should they so desire. The decision to purchase stock will be exclusively that of each person. Whether an individual decides to purchase stock or not will have no positive or negative impact on his or her standing as a customer of Harvard Savings Bank. The conversion will allow depositors of Harvard Savings Bank an opportunity to buy common stock and become shareholders of Harvard Illinois Bancorp, Inc.
WHOISELIGIBLETOPURCHASECOMMONSHARESINTHESUBSCRIPTIONOFFERING?
Certain past and present depositors as well as specified borrowers and tax qualified employee benefit plans of Harvard Savings Bank are eligible to purchase common stock in the subscription offering.
HOWMANYCOMMONSHARESAREBEINGOFFEREDANDATWHATPRICE?
Harvard Illinois Bancorp, Inc. is offering up to 1,092,500 shares of common stock, subject to adjustment as described in the prospectus, at a price of $10.00 per share, through the prospectus.
HOWMANYSHARESMAY IBUY?
The minimum order is 25 shares. The maximum individual purchase is 10,000 shares. No person, together with associates of, and persons acting in concert with such person, may purchase more than 30,000 shares of common stock, as further discussed in the prospectus.
WILLTHECOMMONSTOCKBEINSURED?
No. Like any other common stock, Harvard Illinois Bancorp, Inc.’s common stock will not be insured.
HOWDO IORDERTHECOMMONSTOCK?
You must complete the enclosed Stock Order and Certification Form. Instructions for completing your Stock Order and Certification Form are contained on the back of the stock order form. Your order must be received by 12:00 noon, Central Time, on .
HOWMAY IPAYFORMYCOMMONSTOCK?
First, you may pay for common stock by check or money order made payable to Harvard Illinois Bancorp, Inc. Interest will be paid by Harvard Illinois Bancorp, Inc. on these funds at Harvard Savings Bank’s passbook savings rate from the day the funds are received until the completion or termination of the conversion. Second, you may authorize us to withdraw funds from your savings account or certificate of deposit at Harvard Savings Bank for the amount of funds you specify for payment. You will not have access to these funds from the day we receive your order until completion or termination of the conversion.There is no penalty for early withdrawal from a certificate of deposit.
CAN IPURCHASESTOCKUSINGFUNDSINMY HARVARD SAVINGS BANK IRA?
Yes. To do so, however, you must first establish a self-directed IRA at an unaffiliated brokerage firm or trust department and transfer a portion or all of the funds in your IRA at Harvard Savings Bank. Please contact your broker or self-directed IRA provider as soon as possible if you want to explore this option, as these transactions take time.
WILLDIVIDENDSBEPAIDONTHECOMMONSTOCK?
Following the offering, Harvard Illinois Bancorp, Inc.’s board of directors will have the authority to declare dividends. However, no decision has been made with respect to the amount, if any, and timing of dividend payment.
HOWWILLTHECOMMONSTOCKBETRADED?
Harvard Illinois Bancorp, Inc.’s stock is expected to trade on the OTC Bulletin Board. However, no assurance can be given that an active and liquid market will develop.
AREEXECUTIVEOFFICERSANDDIRECTORSOF HARVARD SAVINGS BANKPLANNINGTOPURCHASESTOCK?
Yes! The executive officers and directors of Harvard Savings Bank plan to purchase, in the aggregate, $ million worth of stock or approximately % of the common stock offered at the minimum of the offering range.
MUST IPAYACOMMISSION?
No. You will not be charged a commission or fee on the purchase of common stock in the conversion.
SHOULD IVOTETOAPPROVETHE PLANOF CONVERSION?
Your Board of Directors unanimously recommends a vote “FOR” the Plan of Conversion and Reorganization. Your “YES” vote is very important!
PLEASE VOTE, SIGN, DATE AND RETURN ALL PROXY CARDS!
WHYDID IGETSEVERALPROXYCARDS?
If you have more than one account, you could receive more than one proxy card, depending on the ownership structure of your accounts. Please vote all of the proxy cards you receive.
HOWMANYVOTESDO IHAVE?
Every depositor member is entitled to cast one vote for each $100, or fraction thereof, on deposit as of the voting record date, up to 1,000 votes. Each borrower member as of is entitled to one vote if such borrowing is still in existence.
MAY IVOTEINPERSONATTHESPECIALMEETING?
Yes, but we would still like you to sign, date and mail your proxy today. If you decide to revoke your proxy, you may do so at any time before such proxy is exercised by executing and delivering a later dated proxy or by giving notice of revocation in writing or by voting in person at the special meeting. Attendance at the special meeting will not, of itself, revoke a proxy.
For additional information please call our stock information center Monday – Friday, from 9:00 a.m. to 4:00 p.m. Central Time. The stock information center will be closed on bank holidays.
Toll free at
QUESTIONS
AND
ANSWERS
{Harvard Illinois Bancorp, Inc.’s Logo}
Proposed Holding Company for
Harvard Savings Bank
The shares of common stock being offered are not deposits or savings accounts and are not insured by the Federal Deposit Insurance Corporation or any other governmental agency.
This is not an offer to sell or a solicitation of an offer to buy common stock. The offer is made only by the prospectus.
<Bank Logo>
Dear Member:
We are pleased to announce that Harvard Savings Bank is converting from the mutual holding company to the stock holding company form of organization, subject to approval by the members of Harvard Savings, MHC at a Special Meeting of Members. Harvard Savings Bank will be the wholly owned subsidiary of a newly formed stock holding company named Harvard Illinois Bancorp, Inc. In connection with the conversion, Harvard Illinois Bancorp, Inc. is offering shares of its common stock in a subscription and community offering pursuant to a Plan of Conversion and Reorganization.
Unfortunately, Harvard Illinois Bancorp, Inc. is unable to either offer or sell its common stock to you because the small number of eligible subscribers in your jurisdiction makes registration or qualification of the common stock under the securities laws of your jurisdiction impractical for reasons of cost or otherwise. Accordingly, this letter and the enclosures should not be considered an offer to sell or a solicitation of an offer to buy the common stock of Harvard Illinois Bancorp, Inc.
However, as a member of Harvard Savings Bank you have the right to vote on the Plan of Conversion and Reorganization at the Special Meeting of Members to be held on , 2009. Enclosed is a proxy statement describing the Plan of Conversion and Reorganization, your voting rights and proxy cards.YOUR VOTE IS VERY IMPORTANT. Your proxy card(s) should be signed and returned to us prior to the Special Meeting of Members on , 2009. Please take a moment now to sign the enclosed proxy card(s) and return it(them) to us in the postage-paid envelope provided.FAILURE TO VOTE HAS THE SAME EFFECT AS VOTING AGAINST THE CONVERSION.
Please remember:
• | Your deposit accounts will continue to be insured up to the maximum legal limit by the Federal Deposit Insurance Corporation (“FDIC”). |
• | There will be no change in the balance, interest rate or maturity of any deposit account or loan because of the conversion. |
I invite you to attend the Special Meeting on , 2009. Whether or not you are able to attend, please complete the enclosed proxy card(s) and return it in the enclosed envelope.
Sincerely, |
Duffield J. Seyller III President and Chief Executive Officer |
The shares of common stock being offered are not deposits or savings accounts and are not insured by the Federal Deposit Insurance Corporation or any other governmental agency.
This is not an offer to sell or a solicitation of an offer to buy common stock. The offer is made only by the prospectus.
Harvard Savings Bank Website Message:
Plan of Conversion
and
Reorganization
Information
Harvard Savings, MHC is pleased to announce that materials were mailed on , 2009 regarding Harvard Savings Bank’s Plan of Conversion and Reorganization and the stock offering by Harvard Illinois Bancorp, Inc. If you were a depositor as of June 30, 2008 or , 2009, you should be receiving a packet of materials soon. We encourage you to read the information carefully.
If you were a member of Harvard Savings Bank as of the Voting Record Date, , 2009, a proxy card(s) is included. We encourage you to sign, date and returnALLproxy cards as promptly as possible… and THANK YOU!
Information, including a prospectus in regards to Harvard Illinois Bancorp, Inc.’s stock offering, was also enclosed. The subscription offering has commenced and continues until 12:00 noon, Central Time, on , 2009, at which time your ordermust be received if you want to take part in the offering.
Depending upon the outcome of the subscription offering that expires , 2009, our best estimate at this time for trading of the Harvard Illinois Bancorp, Inc. stock on the OTC Bulletin Board is early January. However, as described in the prospectus, it could be later. We will keep you as informed as possible on this site.
If you have any questions regarding the conversion and stock offering, please call our Stock Information Center, toll free, at [stock info center #], Monday through Friday between 9:00 a.m. and 4:00 p.m., Central Time. The Stock Information center will be closed on bank holidays.
The shares of common stock being offered are not deposits or savings accounts and are not insured by the Federal Deposit Insurance Corporation or any other governmental agency.
This is not an offer to sell or a solicitation of an offer to buy common stock. The offer is made only by the prospectus.
[BANK LOGO] BANK NAME
Proxy Gram III
Month, Date Year
Dear Valued Harvard Savings Bank Member:
We recently forwarded you a proxy statement and related materials regarding a proposal to convert Harvard Savings Bank from a mutual holding company to a stock holding company form of organization. This conversion will allow us to operate in essentially the same manner as we currently operate, but will provide us with the flexibility to increase our capital, continue to support future lending and operational growth, and support future branching activities and/or the acquisition of financial services companies.
As of the date of this letter, your vote on our Plan of Conversion and Reorganization has not yet been received.Your Board of Directors unanimously recommends a vote “FOR” the Plan of Conversion and Reorganization.
If you have already mailed your proxy, please accept our thanks and disregard this request. If you have not yet voted your proxy card, we would sincerely appreciate you signing the enclosed proxy card and returning it promptly in the enclosed postage-paid envelope. Our meeting on , 2009 is fast approaching and we’d like to receive your vote as soon as possible.
Voting FOR the reorganization does not affect the terms of, or insurance on your accounts. For further information please call our Stock Information Center at .
Best regards and thank you, |
Duffield J. Seyller III President and Chief Executive Officer |
, 2009
To Members and Friends of Harvard Savings Bank
Keefe, Bruyette & Woods, Inc., a member of the Financial Industry Regulatory Authority, is assisting Harvard Savings Bank in converting from the mutual holding company to the stock holding company form of organization, subject to approval by the members of Harvard Savings MHC. Upon completion of the conversion and reorganization, Harvard Savings Bank will be a wholly owned subsidiary of a newly formed stock holding company, Harvard Illinois Bancorp, Inc. In connection with the conversion, Harvard Illinois Bancorp, Inc. is offering shares of its common stock in a subscription and community offering pursuant to a Plan of Conversion and Reorganization.
At the request of Harvard Illinois Bancorp, Inc., we are enclosing materials explaining this process and your options, including an opportunity to invest in the shares of Harvard Illinois Bancorp, Inc. common stock being offered to members of Harvard Savings Bank and various other persons until 12:00 noon, Central Time, on , 2009. Please read the enclosed prospectus carefully for a complete description of the reorganization and stock offering. Harvard Illinois Bancorp, Inc. has asked us to forward these documents to you in view of certain requirements of the securities laws in your state.
If you have any questions regarding the reorganization and stock offering, please call our Stock Information Center, toll free, at [stock info center #], Monday through Friday between 9:00 a.m. and 4:00 p.m., Central time. The Stock Information center will be closed on bank holidays.
Very truly yours, |
Keefe, Bruyette & Woods, Inc. |
The shares of common stock being offered are not deposits or savings accounts and are not insured by the Federal Deposit Insurance Corporation or any other governmental agency.
This is not an offer to sell or a solicitation of an offer to buy common stock. The offer is made only by the prospectus.
What Investors Need to Know
Key concepts for investors to bear in mind when considering whether to participate in a conversion offering, or a stock offering by a subsidiary of a mutual holding company, include the following:
• | Know the RulesBy law, accountholders cannot sell or transfer their priority subscription rights, or the stock itself, prior to the completion of a financial institution’s conversion. Moreover, accountholders cannot enter into agreements or arrangements to sell or transfer either their subscription rights or the underlying conversion stock. |
• | “Neither a Borrower nor a Lender Be”If someone offers to lend you money so that you can participate or participate more fully in a conversion, be extremely wary. Be even more wary if the source of the money is someone you do not know. The loan agreement may make you unable to certify truthfully that you are the true holder of the subscription rights and the true purchaser of the stock and that you have no agreements regarding the sale or transfer of the stock. |
• | Watch Out for OpportunistsThe opportunist may tell you that he or she is a lawyer or a consultant or a professional investor or some similarly impressive tale who has experience with similar mutual conversion transactions. The opportunist may go to extreme lengths to assure you that the arrangement you are entering into is legitimate. They might tell you that they have done scores of these transactions and that this is simply how they work. Or they might downplay the warnings or restrictions in the prospectus or order form, telling you that “everyone” enters into such agreements or that the deal they are offering is legitimate. They may also tell you that you have no risk in the transaction. The cold, hard truth is that these are lies, and if you participate, you are breaking the law. |
• | Get the Facts from the SourceIf you have any questions about the securities offering, ask the savings bank or savings association for more information. If you have any doubts about a transaction proposed to you by someone else, ask the financial institution whether the proposed arrangement is proper. You may be able to find helpful resources on the institution’s website or by visiting a branch office. |
The bottom line for investors is always to remember that if an opportunitysoundstoo good to be true, it probably is too good to be true.
Read This First
Office of Thrift Supervision Guidance for Accountholders
Your financial institution is in the process of selling stock to the public, in either a mutual-to-stock conversion or a stock issuance by a subsidiary of a mutual holding company. As an accountholder at this institution, you have certain priority subscription rights to purchase stock in the offering. These priority subscription rights are non-transferable. If you subscribe for stock, you will be asked to sign a statement that the purchase is for your own account, and that you have no agreement or understanding regarding the subsequent sale or transfer of any shares you receive.
On occasion, unscrupulous people attempt to persuade accountholders to transfer subscription rights, or to purchase shares in the offering based on the understanding that the shares will subsequently be transferred to others. Such arrangements violate federal regulations. If you participate in these schemes, you are breaking the law and may be subject to prosecution. If someone attempts to persuade you to participate in such a scheme, please contact the Office of Thrift Supervision (OTS) Consumer Response Center at (800) 842-6929. The OTS is very interested in ensuring that the prohibitions on transfer of subscription rights are not violated.
How will you know if you are being approached illegally? Typically, a fraudulent opportunist will approach you and offer to “loan” you money to purchase a significant amount of stock in the offering. In exchange for that “loan” you most likely will be asked either to transfer control of any stock purchased with that money to an account the other person controls, or sell the stock and give the majority of the profits to the other person. You may be told, untruthfully, that there is no risk to you, that the practice is common, and even if you are caught, that your legal expenses will be covered.
On the back of this page is a list of some key concepts that you should keep in mind when considering whether to participate in a mutual-to-stock conversion or stock issuance by a mutual holding company subsidiary. If you have questions, please contact the stock information center listed elsewhere in the literature you are receiving. Alternatively, you can contact us at:ombudsman@ots.treas.gov.
Bank Logo Here
Date
Dear Friend:
We are pleased to announce that Harvard Savings Bank is converting from the mutual holding company to the stock holding company form of organization, subject to approval of the members of Harvard Savings, MHC. Harvard Savings Bank will be the wholly owned subsidiary of a newly formed stock holding company named Harvard Illinois Bancorp, Inc. In connection with the conversion, Harvard Illinois Bancorp, Inc. is offering shares of its common stock in a subscription and community offering pursuant to a Plan of Conversion and Reorganization.
Because we believe you may be interested in learning more about an investment in the common stock of Harvard Illinois Bancorp, Inc., we are sending you the following materials which describe the reorganization and stock offering.
PROSPECTUS: This document provides detailed information about Harvard Savings Bank operations and the proposed reorganization and offering of Harvard Illinois Bancorp, Inc. common stock.
STOCK ORDER AND CERTIFICATION FORM: This form can be used to purchase stock by returning it with your payment in the enclosed business reply envelope. Your order must be received by 12:00 noon, Central Time, on , 2009.
As a friend of Harvard Savings Bank, you will have the opportunity to buy common stock directly from Harvard Illinois Bancorp, Inc. in the offering without paying a commission or fee, subject to our members’ priority subscription rights. If you have any questions regarding the reorganization and stock offering, please call our Stock Information Center, toll free, at [stock info center #], Monday through Friday between 9:00 a.m. and 4:00 p.m., Central Time. The Stock Information center will be closed on bank holidays.
We are pleased to offer you this opportunity to become a stockholder of Harvard Illinois Bancorp, Inc.
Sincerely, |
Duffield J. Seyller III President and Chief Executive Officer |
The shares of common stock being offered are not deposits or savings accounts and are not insured by the Federal Deposit Insurance Corporation or any other governmental agency.
This is not an offer to sell or a solicitation of an offer to buy common stock. The offer is made only by the prospectus.
Bank Logo Here
Date
Dear Member:
We are pleased to announce that Harvard Savings Bank is converting from the mutual holding company to the stock holding company form of organization, subject to approval by the members of Harvard Savings, MHC at a Special Meeting of Members. Harvard Savings Bank will be the wholly owned subsidiary of a newly formed stock holding company named Harvard Illinois Bancorp, Inc. In connection with the conversion, Harvard Illinois Bancorp, Inc. is offering shares of its common stock in a subscription and community offering pursuant to a Plan of Conversion and Reorganization.
To accomplish the reorganization, we need your participation in an important vote. Enclosed are a proxy statement and a prospectus describing the Plan of Reorganization and Stock Issuance and your voting and subscription rights.YOUR VOTE IS VERY IMPORTANT.
Enclosed, as part of the proxy materials, is your proxy card, the detachable section on top of the order form bearing your name and address. Regardless of whether you wish to buy stock, this proxy card should be signed, dated, and returned to us prior to the special meeting of members on [special meeting date]. Please take a moment now to sign and date the enclosed proxy card(s) and return them to us in the postage-paid envelope provided.FAILURE TO VOTE HAS THE SAME EFFECT AS VOTING AGAINST THE REORGANIZATION.
The Board of Directors believes the Reorganization will offer a number of advantages, such as an opportunity for depositors of Harvard Savings Bank to become stockholders of Harvard Illinois Bancorp, Inc. Please remember:
• | Your deposit accounts will continue to be insured up to the maximum legal limit by the Federal Deposit Insurance Corporation (“FDIC”). |
• | There will be no change in the balance, interest rate or maturity of any deposit account or loan because of the reorganization. |
• | Members have a right, but not an obligation, to buy Harvard Illinois Bancorp, Inc. common stock and may do so without the payment of a commission or fee before it is offered to the general public. |
• | Like all stock, shares of Harvard Illinois Bancorp, Inc. common stock issued in this offering will not be insured by the FDIC. |
The enclosed prospectus contains a complete discussion of the reorganization and stock offering. We urge you to read this document carefully. If you are interested in purchasing the common stock of Harvard Illinois Bancorp, Inc., we must receive your Stock Order and Certification Form and payment prior to 12:00 noon, Central Time, on , 2009.
If you have any questions regarding the reorganization and stock offering, please call our Stock Information Center, toll free, at [stock info center #], Monday through Friday between 9:00 a.m. and 4:00 p.m., Central Time. The Stock Information center will be closed on bank holidays.
Sincerely, |
Duffield J. Seyller III President and Chief Executive Officer |
The shares of common stock being offered are not deposits or savings accounts and are not insured by the Federal Deposit Insurance Corporation or any other governmental agency.
This is not an offer to sell or a solicitation of an offer to buy common stock. The offer is made only by the prospectus.
Bank Logo Here
, 2009
Dear Prospective Investor:
We are pleased to announce that Harvard Savings Bank is converting from the mutual holding company to the stock holding company form of organization, subject to approval by the members of Harvard Savings, MHC. Harvard Savings Bank will be the wholly owned subsidiary of a newly formed stock holding company named Harvard Illinois Bancorp, Inc. In connection with the conversion, Harvard Illinois Bancorp, Inc. is offering shares of its common stock in a subscription and community offering pursuant to a Plan of Conversion and Reorganization.
We have enclosed the following materials that will help you learn more about the merits of Harvard Illinois Bancorp, Inc. common stock as an investment. Please read the enclosed materials carefully.
PROSPECTUS: This document provides detailed information about the operations at Harvard Savings Bank and a complete discussion of the proposed reorganization and stock offering of Harvard Illinois Bancorp, Inc.
STOCK ORDER AND CERTIFICATION FORM: This form is used to purchase stock by returning it with your payment in the enclosed business reply envelope. Your order must be received by 12:00 noon, Central Time, on , 2009.
We invite you and other community members to become stockholders of Harvard Illinois Bancorp, Inc. Through this offering you have the opportunity to buy stock directly from Harvard Illinois Bancorp, Inc. without paying a commission or a fee.
If you have any questions regarding the reorganization and stock offering, please call our Stock Information Center, toll free, at [stock info center #], Monday through Friday between 9:00 a.m. and 4:00 p.m., Central Time. The Stock Information center will be closed on bank holidays.
Sincerely, |
Duffield J. Seyller III President and Chief Executive Officer |
The shares of common stock being offered are not deposits or savings accounts and are not insured by the Federal Deposit Insurance Corporation or any other governmental agency.
This is not an offer to sell or a solicitation of an offer to buy common stock. The offer is made only by the prospectus.
End of Offering Harvard Savings Bank Website Message
Stock Issuance Information
The Harvard Illinois Bancorp, Inc. stock offering closed on , 2009. The results of the offering are as follows:
.
Interest and refund checks [if applicable] will be mailed to subscribers on , 2010 by regular mail to the name and address provided on the Stock Order and Certification Form submitted. No special mailing instructions will be accepted.
Allocations will be made available beginning at on , 2010. [If applicable] You can view your allocation online by visiting https://allocations.kbw.com and typing in your order number and the last four digits of your social security number.
Notice to Subscribers not receiving all shares: Please be aware that while we believe this to be a final allocation, we reserve the right to amend this amount up to the time of trading and recommend you verify the number of shares you received on the face of the certificate you will receive prior to trading your shares. [if applicable]
The transfer agent for Harvard Illinois Bancorp, Inc. will be and the phone number for its Investor Relations Department is ( ) .
We anticipate trading to begin on , 2010 on the OTC Bulletin Board under the symbol “ .”
The shares of common stock being offered are not deposits or savings accounts and are not insured by the Federal Deposit Insurance Corporation or any other governmental agency.
This is not an offer to sell or a solicitation of an offer to buy common stock. The offer is made only by the prospectus.