EXHIBIT 99.1
PROPOSED STOCK ORDER FORM
AND FORM OF CERTIFICATION
STOCK REGISTRATION
Print the name(s) in which you want the stock to be registered. Subscription
rights are nontransferable. If you are a depositor or borrower member to protect
your rights over other purchasers, as described in the Prospectus you must take
ownership in at least one of the account holder names, without addition of other
names. The addition to an order of a name which does not appear on the
qualifying account will result in the loss of subscription rights. Enter the
Social Security (or Employer Identification) Number of one registered owner,
only one is required. See reverse side for guidelines for registering your
stock.
NUMBER OF SHARES
Fill in the number of shares you wish to purchase and the total amount due. No
fractional shares will be issued. The minimum purchase is 25 shares. The maximum
purchase is 10,000 shares.
METHOD OF PAYMENT
Check the appropriate boxes that show how you wish to pay for the stock. If
paying by check, make it payable to Delaware First Financial Corporation. Your
money will earn interest at Delaware First Financial Corporation's passbook
rate, which currently is _____% per annum, until the Offering is completed. If
paying by withdrawal from a Ninth Ward Savings Bank deposit account, write in
the account number(s) and the amount(s) you wish to withdraw. If payment is made
from a certificate of deposit account it will continue to earn interest at the
same certificate rate.
TELEPHONE INFORMATION
Please enter the daytime telephone number where you may be contacted in the
event we cannot execute your order.
NASD AFFILIATION
The NASD's interpretation with respect to free riding and withholding restricts
the sale in certain initial public offerings to certain NASD members, affiliates
and family members. For an exemption from these restrictions, such person must
comply with the following conditions: (i) not sell or transfer the shares for a
period of 150 days following issuance and (ii) report this subscription in
writing to the applicable NASD member within one day of payment therefor. By
signing this order form you are certifying that you will comply with applicable
NASD regulations.
ACCOUNT VERIFICATION
If you were a member on December 31, 1995 or September 30, 1997 you must list
the full title and account numbers of all accounts you had at that date in order
to insure proper identification of your purchase rights or preference.
ACKNOWLEDGMENT
Please read the acknowledgment statement carefully, and sign on the signature
line. When purchasing as a custodian, corporate offer, etc., add your full title
to your signature. Enter the Social Security (or Employer Identification) Number
of one registered owner and date the form: only one number is required.
Subscription priority rights for members as described in the Prospectus will
expire at 12:00 Noon Eastern Time on _________ ____, 1997. The Community
Offering, if any, may end at any time without notice, but in no event later than
________ _____, 1997, unless extended by the Office of Thrift Supervision. This
order form must be properly completed and received with payment at the above
address prior to the expiration date.
Delaware First Financial Corporation
(the holding company for Ninth Ward Savings Bank, FSB)
400 Delaware Avenue
Wilmington, DE 19801
STOCK ORDER FORM
- ---------------------------------------------------
Name(s) in which stock is to be registered
- ---------------------------------------------------
Name(s) in which stock is to be registered
- ---------------------------------------------------
Address
- ---------------------------------------------------
City State Zip Code
[ ] Individual [ ] Joint Tenants [ ] Tenants in Common
[ ] Uniform Transfers to Minors
[ ] Other _____________________________________
Number of shares Offering Price Total Amount
shares Due
- ----------------- -------------------
x $10.00 =
- ----------------- -------------------
[ ] Enclosed is my check made payable to Delaware First
[ ] Financial Corporation (or cash if presented in person)
[ ] I authorize withdrawal from my deposit account
at Ninth Ward Savings Bank, FSB
(NO EARLY WITHDRAWAL PENALTY)
Account Numbers Amount
- -------------------------- --------------------------------
- -------------------------- --------------------------------
- -------------------------- --------------------------------
Total Payment --------------------------------
Daytime ( ) ____________________________________
Are you an officer, director, general partner, employee or agent of a National
Association of Securities Dealers, Inc. ("NASD") member firm or are you related
to such person?
[ ] Yes [ ] No
Were you a member of Ninth Ward Savings Bank, FSB as of:
December 31, 1995 September 30, 1997
[ ] Yes [ ] No [ ] Yes [ ] No
Account Title (Names on Account) Account Number
- ------------------------------------------------------------
------------------------
- ------------------------------------------------------------
------------------------
- ------------------------------------------------------------
------------------------
- ------------------------------------------------------------
I acknowledge receipt of the Prospectus dated ______, 1997 and understand that
after delivery of this order form to Ninth Ward Savings Bank, FSB this order
form may not be modified or revoked. I certify that this order is for the above
account only and under penalty of perjury I certify that the Social Security (or
Employer Identification) Number listed below is my correct taxpayer
identification number. I further certify that this order does not violate
purchase limitations set forth more fully in the Prospectus.
I acknowledge that the common stock offered is not a savings or deposit account
and is not insured or guaranteed by the Savings Association Insurance Fund, the
FDIC or any other government agency.
- -----------------------------------------------------------
Signature
- -----------------------------------------------------------
Additional Signature (if required)
- -----------------------------------------------------------
Social Security No. or Employee Identification No. Date
FOR ASSISTANCE PLEASE CALL THE STOCK INFORMATION CENTER AT (302) 421-9674.
GUIDELINES FOR REGISTERING STOCK
For reasons of clarity and standardization, the stock transfer industry has
developed uniform stockholder registration which we will utilize in the issuance
of your Stock Certificate(s). If you have any questions, please consult your
legal advisor.
Stock ownership must be registered in one of the following manners.
INDIVIDUAL: Avoid the use of two initials. Include the first given name,
middle initial and last name of the stockholder. Omit words of
limitation that do not affect ownership rights such as "special
account," "single man," "personal property," etc.
________________________________________________________________________________
JOINT: Joint ownership of stock by two or more persons shall be
inscribed on the certificate with one of the following types of
joint ownership. Names should be joined by "and"; do not connect
with "or." Omit titles such as "Mrs.," Dr.," etc. JOINT
TENANTS-Joint Tenancy with Right of Survivorship and not as
tenants in common may be specified to identify two or more owners
where ownership is intended to pass automatically to the
surviving tenant(s). TENANTS IN COMMON-Tenants in Common may be
specified to identify two or more owners. When stock is held as
tenants in common, upon the death of one co-tenant, ownership of
the stock will be held by the surviving co-tenant(s) and by the
heirs of the deceased co-tenant. All parties must agree to the
transfer or sale of shares held in this from of ownership.
________________________________________________________________________________
UNIFORM Stock may be held in the name of a custodian for a minor under
TRANSFER TO the Uniform Transfers to Minors laws of the individual states.
MINORS: There may be only one custodian and one minor designated on a
stock certificate. The standard abbreviation of custodian is
"CUST," while the description "Uniform Transfers to Minors Act"
is abbreviated "UNIF TRANSFER MIN ACT." Standard U.S. Postal
Service state abbreviations should be used to describe the
appropriate state.
________________________________________________________________________________
FIDUCIARIES: Stock held in a fiduciary capacity must contain the following:
1. The name(s) of the fiduciary--
o if an individual, list the first given name, middle initial
and last name.
o If a corporation, list the corporate title.
o If an individual and a corporation, list the corporation's
title before the individual.
2. The fiduciary capacity--
o Administrator
o Conservator
o Committee
o Executor
o Trustee
o Personal Representative
o Custodian
3. The type of document governing the fiduciary relationship.
Generally, such relationships are either under a form of living
trust agreement or pursuant to a court order. Without a document
establishing a fiduciary relationship, your stock may not be
registered in a fiduciary capacity.
4. The date of the document governing the relationship. The date of
the document need not be used in the description of a trust
created by a will.
5. Either of the following:
The name of the maker, donor or testator
or
The name of the beneficiary
Example of Fiduciary Ownership:
JOHN D. SMITH, TRUSTEE FOR TOM A. SMITH
UNDER AGREEMENT DATED DATE
FORM OF CERTIFICATION
I/WE ACKNOWLEDGE THAT THIS SECURITY IS NOT A DEPOSIT OR ACCOUNT AND IS NOT
FEDERALLY INSURED, AND IS NOT GUARANTEED BY NINTH WARD SAVINGS BANK, FSB. (THE
"BANK") 0R BY THE FEDERAL GOVERNMENT.
If anyone asserts that this security is federally insured or guaranteed, or
is as safe as an insured deposit, I should call the Office of Thrift Supervision
Regional Director, Robert Albanese at (201) 413-1000.
I/We further certify that, before purchasing the common stock, par value
$.01 per share, of Delaware First Financial Corporation, the proposed holding
company for Ninth Ward Savings Bank, FSB, I/we received a Prospectus dated
_______________, 1997 (the "Prospectus").
The Prospectus that I/we received contains disclosure concerning the nature
of the security being offered and described the risks involved in the
investment, including but not limited to:
1. Supervisory Agreement (page)
2. Potential Vulnerability to Changes in Interest Rates and Interest Rate Risk Profile (page)
3. Expansion into Small Business/Commercial Lending (page)
4. Creation of Branches (page)
5. Geographical Concentration of Losses (page)
6. Reliance on Certificates of Deposit as Primary Source of Funds (page)
7. Lack of Active Market for Common Stock (page)
8. Intent to Remain Independent; Unsuitability as a Short-Term Investment (page)
9. Decreased Return on Average Equity and Increased Expenses Immediately After Conver (page)
10. Possible Voting Control by Directors and Officers (page)
11. Possible Dilutive Effect of RSP and Stock Options (page)
12. Financial Institutions Regulation and Future of Thrift Industry (page)
13. Competition (page)
PRINT NAME: ________________________________
SIGNATURE: _________________________________
PRINT NAME: ________________________________
SIGNATURE: _________________________________
DATE: ______________________________________