Financial Federal Overview Brochure

what is it?

It is definitely a small word; elusive, indefinable

but so very desirable. You know it when you see it.

You either have it or you don’t.

To us, it means a real person on the other end of the phone and

answers delivered promptly and clearly. It means we understand

your time is valuable and you have other options.

To us, it means this and so much more.

Other banks may say it, but we think

you’ll appreciate the way we actually deliver it.

you earned it.

what is it?

our history

In 1985, a group of Memphis investors acquired and recapitalized a small

bank in East Tennessee and renamed it Financial Federal Savings Bank.

Shortly thereafter, the bank opened a residential loan production office in

Memphis. A multifamily and commercial real estate division was established

and a bank branch opened to provide additional banking services.

In 1987, Financial Federal headquarters moved to Memphis. Growth was

experienced in all areas as the investors realized that exceptional service

with quick, local decision-making was widely appreciated in Memphis. In

the following years, a multifamily loan production office was opened in

Nashville and Atlanta.

Today, Financial Federal is still locally owned and operated by the

Wunderlich and Montesi families and remains a community bank that

specializes in high quality customer service and customized banking

solutions. Our board and senior management continue to focus on

creating an atmosphere that is appreciated by those who value the

confidence that comes from experience.

We take great pride that Financial Federal has remained a well-capitalized our employees and dedication to the quality of the services we offer.

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board of directors

Kent Wunderlich Kent is Chairman of the Board, Chief Executive Officer,

and General Counsel for the Bank.

Russell E. Bloodworth, Jr. Rusty is the Executive Vice President of Boyle

Investment Company, where he is responsible for the firm’s planning and

development activity.

Fred Montesi, III Fred is founder, President and CEO of Southern Stores,

Inc., a management company serving various retail and real estate entities.

Barham Ray Barham is a private investor and a financial consultant.

Alvin W. Wunderlich, Jr. Alvin retired from National Trust Life Insurance

Company of Memphis, during which time he served as President and

Chairman of the board.

Financial Federal prides itself on a large number of repeat customersretain servicing for the life of the loan.

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community bank for over 25 years. We create an environment that ensures the longevity of

private banking

To some, the term private banking represents an unattainable level of service

reserved for an elite group of clientele. To us, it represents how we operate

as an institution, everyday for everyone - with discretion, sophistication,

responsiveness and flexibility.

Whether you are interested in pursuing a business line of credit or simply

want to open a money market account, you will receive a level of service

and attention that is uncommon but well deserved.

We recognize that you have other banking options and we work very hard

to express our appreciation of your trust. Our service is second to none and

delivered by experienced, knowledgeable bankers. Our management style

and local ownership ensure that quick decisions and flexible options are the

order of the day.

So when you are seeking a banking partner that can deliver in a manner that

you desire, think of Financial Federal. After all, you earned it.

Deposits

Certificates of Deposit At Financial Federal, we believe a solid financial

future includes the security of a savings program that offers a guaranteed

return with a choice of terms. We specialize in FDIC-insured certificates of

deposit that are customized to meet your specific needs.

Money Market Accounts Having your cash readily available when you

need it doesn’t mean you can’t earn a higher interest rate. Our money

market accounts allow you easy access to your funds while earning a

competitive rate with FDIC-insured security.

The experience and knowledge of our staff provide the foundation for our

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private banking

Lending

Personal Our private bankers know that our lending products need to be

personalized. We can provide simple and flexible solutions that will work

for you.

Business Growing a business requires a unique set of skills, vision and

courage. When you need capital to fund the growth of your business,

we can provide guidance, quick decisions and solutions so that you can

focus on your business success.

Commercial Real Estate If you want to own or refinance your commercial

property, we can create customized loan solutions that meet your needs.

Residential Real Estate Whether you are buying, refinancing, obtaining

a home equity line of credit or purchasing a vacation home, you can

count on us to make the process pleasantly simple.

Construction Custom construction loans are available when you are

ready to build your house. We offer a way to streamline the lending

process from lot acquisition through the building process to a permanent

mortgage. Builder construction loans are available to build houses for the

market. Our unmatched service and understanding of the market are big

reasons for our success.

high level of customer service and our customized banking solutions.Our history of repeat customers and their referrals are a testament to the

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Financial Federal’s team is comprised of professionals with a diverse range of financial experience. Within each of our departments, you will experience the comfortable confidence that comes from expertise. We are sure you will grow accustomed to our style of service and solutions.

Financial Federal’s team is comprised of professionals with a diverse range of financial experience. Within each of our departments, you will experience the comfortable confidence that comes from expertise. We are sure you will grow accustomed to our style of service and solutions.

residential

Financial Federal has distinguished itself by providing personal and reliable

service since 1985. Customer satisfaction and great rates are the reason

for our success. We believe that obtaining a mortgage should be a simple

process for you. Whether you’re a first time homebuyer or dreaming of that

second home you’ve always wanted, we do everything possible to make

sure the loan process goes smoothly and quickly.

With our Thirty-Minute Mortgage Loan Approval you’ll have the knowledge

you need when it comes to making an offer on a home. With local

underwriting decisions, experienced loan officers and excellent rates, we

offer a pleasant home-purchasing or refinancing experience and, most of

all, the confidence you want at closing.

Our history of repeat customers and their referrals are a testament to the

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residential

Home Mortgage Buying or refinancing a home can be a daunting

experience without a seasoned mortgage loan officer by your side. Whether

you’re buying your first home or a dream vacation home, we will walk with

you through the process to ensure that you spend less time in the bank and

more time at your home.

Home Equity Line of Credit We’ll quickly handle all the details from

application to closing so you can easily have the flexibility of accessing

your funds.

Construction Custom construction loans are available when you are ready

to build your house. We offer a way to streamline the lending process from

lot acquisition through the building process to a permanent mortgage. Our

unmatched service and understanding of the market are big reasons for

our success.

The experience and knowledge of our staff provide the foundation for our

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excellent service provided by our experienced and knowledgeable staff.

commercial/multifamily

Since 1985, the Commercial/Multifamily Division of Financial Federal has

specialized in commercial real estate finance on a national basis. With

production offices in Memphis, Nashville and Atlanta, Financial Federal

offers competitive loan terms for all types of commercial properties

including multifamily, retail, office, industrial, self-storage, flagged hospitality

and senior housing facilities.

Our lending programs include permanent, fixed-rate, non-recourse loans

as well as short term, floating-rate bridge financing.

Financial Federal is a Program Plus Seller/Servicer for Freddie Mac, as well

as a loan production and servicing correspondent for several life insurance

companies. From our home office in Memphis, we service over $1 billion in

commercial loans with properties across the United States.

Financial Federal prides itself on a large number of repeat customersretain servicing for the life of the loan.

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commercial/multifamily

Property Location Nationwide

Term/Amortization 5, 7 & 10 years/20-30 years

Interest Rate Fixed- and floating-rates available

Personal Liability Generally non-recourse to the Borrower and Principals,

except for standard carve-outs

Assumability Allowed with Lender approval and 1% assumption fee

LTV Max Varies by property type; up to 80% on multifamily and 70-75% on

other properties

DCR Min Varies by property type, usually 1.25 minimum

Loan Servicing Retained by Financial Federal for the life of the loan, currently

servicing over $1 billion in commercial loans

We take great pride that Financial Federal has remained a well-capitalized our employees and dedication to the quality of the services we offer.

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across the country as a result of our smooth processing/closing agenda as well as the ability to

executive officers

Kent Wunderlich CEO

William R. Tayloe President

Mary H. Floyd Executive Vice President, Residential

Steve A. Sutton Executive Vice President, Chief Credit Officer

Richard T. Wood, III Executive Vice President, Commercial/Multifamily

Susan Yount Executive Vice President, Chief Financial Officer

As executive officers of Financial Federal we have accepted the responsibility

that comes with a leadership role at our bank. We are accessible and ready to

assist you with your banking needs.

FinFedMem.com | 901.756.2848

6305 Humphreys Blvd. | Suite 100 | Memphis, TN 38120