Exhibit 99.5
[GRAPHIC OMITTED] [GRAPHIC OMITTED]
Xxxxxxx Xxxx & Company
A Division of
XXXXX, XXXXXXXX & XXXXX, INC.
To Members and Friends of
Xxxxxxx Xxxxxx Financial Corporation
________________________________________________________________________________
Xxxxxxx Xxxx & Company, a member of the National Association of Securities
Dealers, Inc. ("NASD"), is assisting Peoples Federal Savings and Loan
Association ("Peoples Federal ") in its conversion from a federally chartered
mutual savings and loan association to a federally chartered stock savings and
loan association and the concurrent offering of shares of common stock by
Xxxxxxx Xxxxxx Financial Corporation (the "Holding Company"), the newly formed
corporation that will serve as holding company for Peoples Federal following the
conversion.
At the request of the Holding Company, we are enclosing materials explaining
this process and your options, including an opportunity to invest in shares of
the Holding Company's common stock being offered to customers and the community
through XXXXXXXX X, 1997. Please read the enclosed offering materials carefully.
The Holding Company 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, please visit our Stock Information Center at
000 Xxxx Xxxxx Xxxxxx, Xxxxxx, Xxxx or feel free to call the Stock Information
Center at (937) XXX-XXXX.
Very truly yours,
Xxxxxxx Xxxx & Company
XXXXXXXX XX, 1997
Dear Friend:
We are pleased to announce that Peoples Federal Savings and Loan
Association, ("Peoples Federal") is converting from a federally chartered mutual
savings and loan association to a federally chartered stock savings and loan
association (the "Conversion"). In conjunction with the Conversion, Xxxxxxx
Xxxxxx Financial Corporation, the newly-formed corporation that will serve as
holding company for Peoples Federal, is offering shares of common stock in a
subscription offering and community offering. The sale of stock in connection
with the Conversion will enable Peoples Federal to raise additional capital to
support and enhance its current operations.
Because we believe you may be interested in learning more about the
merits of Xxxxxxx Xxxxxx Financial Corporation's stock as an investment, we are
sending you the following materials which describe the stock offering.
PROSPECTUS: This document provides detailed information about
operations at Peoples Federal and the proposed stock offering.
QUESTIONS AND ANSWERS: Key questions and answers about the stock
offering are found in this pamphlet.
STOCK ORDER FORM & CERTIFICATION FORM: This form is used to purchase
stock by returning it with your payment in the enclosed business reply
envelope. All individuals or entities, registered as the Stock
Certificate, must sign the attached Certification Form. The deadline
for ordering stock is 5:00 p.m., XXXXXX X, 1997.
As a friend of Peoples Federal, you will have the opportunity to buy
stock directly from Xxxxxxx Xxxxxx Financial Corporation in the Conversion
without commission or fee. If you have additional questions regarding the
Conversion and stock offering, please call us at (937) XXX-XXXX, Monday through
Friday from 9:00 a.m. to 6:00 p.m. or stop by the Stock Information Center at
000 Xxxx Xxxxx Xxxxxx, Xxxxxx, Xxxx.
We are pleased to offer you this opportunity to become a charter
shareholder of Xxxxxxx Xxxxxx Financial Corporation.
Sincerely,
Xxxxxxx Xxxxxxx
President and Chief Executive Officer
THE SHARES OF COMMON STOCK BEING OFFERED ARE NOT SAVINGS ACCOUNTS OR DEPOSITS
AND ARE NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION, THE BANK
INSURANCE FUND, THE SAVINGS ASSOCIATION INSURANCE FUND OR ANY OTHER GOVERNMENTAL
AGENCY. THIS IS NOT AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY STOCK.
THE OFFER IS MADE ONLY BY THE PROSPECTUS.
Xxxxxxxx XX, 1997
Dear Member:
We are pleased to announce that Peoples Federal Savings and Loan
Association ("Peoples Federal") is converting from a federally chartered mutual
savings and loan association to a federally chartered stock savings and loan
association (the "Conversion"). In conjunction with the Conversion, Xxxxxxx
Xxxxxx Financial Corporation, the newly-formed corporation that will serve as
holding company for Peoples Federal, is offering shares of common stock in a
subscription offering and community offering to certain of our depositors and
borrowers and to our Employee Stock Ownership Plan pursuant to a Plan of
Conversion.
To accomplish this Conversion, we need your participation in an
important vote. Enclosed is a proxy statement describing the Plan of Conversion
and your voting and subscription rights. Xxxxxxx Xxxxxx Financial Corporation
Plan of Conversion has been approved by the Federal Deposit Insurance
Corporation and now must be approved by you. YOUR VOTE IS VERY IMPORTANT.
Enclosed, as part of the proxy material, is your proxy card located
behind the window of your mailing envelope. This proxy should be signed and
returned to us prior to the Special Meeting scheduled on Xxxxxxxx X, 1997.
Please take a moment to sign the enclosed proxy card and return it to us in the
postage-paid envelope provided. FAILURE TO VOTE HAS THE SAME EFFECT AS VOTING
AGAINST THE CONVERSION.
The Board of Directors of Peoples Federal feels that the Conversion
will offer a number of advantages, such as an opportunity for depositors and
customers of Peoples Federal to become shareholders. Please remember:
o Your accounts at Peoples Federal will continue to be insured up to the
maximum legal limit by the Federal Deposit Insurance Corporation
("FDIC").
o There will be no change in the balance, interest rate, or maturity of
any deposit accounts because of the Conversion.
o Members have a right, but no obligation, to buy stock before it is
offered to the public.
o Like all stock, stock issued in this offering will not be insured by
the FDIC.
Enclosed are materials describing the stock offering. We urge you to
read these materials carefully. If you are interested in purchasing the common
stock of Xxxxxxx Xxxxxx Financial Corporation, you must submit your Stock Order
Form and Certification Form, and payment prior to 5:00 p.m. Xxxxxxxx X, 1997.
If you have additional questions regarding the stock offering, please
call us at (937) XXX-XXXX, Monday through Friday from 9:00 a.m. to 6:00 p.m., or
stop by the Stock Information Center located at 000 Xxxx Xxxxx Xxxxxx xx Xxxxxx,
Xxxx.
Sincerely,
Xxxxxxx Xxxxxxx
President and Chief Executive Officer
THE SHARES OF COMMON STOCK BEING OFFERED IN THIS OFFERING ARE NOT SAVINGS
ACCOUNTS OR DEPOSITS AND ARE NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE
CORPORATION, THE BANK INSURANCE FUND OR THE SAVINGS ASSOCIATION INSURANCE FUND
OR ANY OTHER GOVERNMENT AGENCY. THIS IS NOT AN OFFER TO SELL OR A SOLICITATION
OF AN OFFER TO BUY STOCK. THE OFFER WILL BE MADE ONLY BY THE PROSPECTUS.
Xxxxxxxx X, 1997
Dear Member:
We are pleased to announce that Peoples Federal Savings and Loan
Association is converting from a federally chartered mutual savings and loan
association to a federally chartered stock savings and loan association (the
"Conversion"). In conjunction with the Conversion, Xxxxxxx Xxxxxx Financial
Corporation, the newly-formed corporation that will serve as holding company for
Peoples Federal, is offering shares of common stock in a subscription offering
and community offering.
Unfortunately, Xxxxxxx Xxxxxx Financial Corporation 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 should not be considered
an offer to sell or a solicitation of an offer to buy the common stock of
Xxxxxxx Xxxxxx Financial Corporation.
However, as a member of Peoples Federal, you have the right to vote on
the Plan of Conversion at the Special Meeting of Members to be held on Xxxxxxxx
X, 1997. Therefore, enclosed is a proxy card, a Proxy Statement (which includes
the Notice of the Special Meeting), Prospectus (which contains information
incorporated into the Proxy Statement) and a return envelope for your proxy
card.
I invite you to attend the Special Meeting on Xxxxxxxx X, 1997.
However, whether or not you are able to attend, please complete the enclosed
proxy card and return it in the enclosed envelope.
Sincerely,
Xxxxxxx Xxxxxxx
President and Chief Executive Officer
Xxxxxxxx X, 1997
Dear Prospective Investor:
We are pleased to announce that Peoples Federal Savings and Loan
Association, ("Peoples Federal") is converting from a federally chartered mutual
savings and loan association to a federally chartered stock savings and loan
association (the "Conversion"). In conjunction with the Conversion, Xxxxxxx
Xxxxxx Financial Corporation, the newly-formed corporation that will serve as
holding company for Peoples Federal, is offering shares of common stock in a
subscription offering and community offering. The sale of stock in connection
with the Conversion will enable Peoples Federal to raise additional capital to
support and enhance its current operations.
We have enclosed the following materials which will help you learn more
about the merits of Xxxxxxx Xxxxxx Financial Corporation's common stock as an
investment. Please read and review the materials carefully.
PROSPECTUS: This document provides detailed information about
operations at Peoples Federal and the proposed stock offering.
QUESTIONS AND ANSWERS: Key questions and answers about the stock
offering are found in this pamphlet.
STOCK ORDER FORM & CERTIFICATION FORM: This form is used to purchase
stock by returning it with your payment in the enclosed business reply
envelope. All individuals and entities, registered as the Stock
Certificate, must sign the attached Certification Form. The deadline
for ordering stock is 5:00 p.m., Xxxxxxxx X 1997.
We invite our loyal customers and local community members to become
charter shareholders of Xxxxxxx Xxxxxx Financial Corporation. Through this
offering you have the opportunity to buy stock directly from Xxxxxxx Xxxxxx
Financial Corporation, without commission or fee. The board of directors and
senior management of Peoples Federal fully support the stock offering.
If you have additional questions regarding the Conversion and stock
offering, please call us at (937) XXX-XXXX, Monday through Friday from 9:00 a.m.
to 6:00 p.m. or stop by the Stock Information Center located at 000 Xxxx Xxxxx
Xxxxxx, Xxxxxx, Xxxx.
Sincerely,
Xxxxxxx Xxxxxxx
President and Chief Executive Officer
THE SHARES OF COMMON STOCK BEING OFFERED ARE NOT SAVINGS ACCOUNTS OR DEPOSITS
AND ARE NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION, THE BANK
INSURANCE FUND, THE SAVINGS ASSOCIATION INSURANCE FUND OR ANY OTHER GOVERNMENTAL
AGENCY. THIS IS NOT AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY STOCK.
THE OFFER IS MADE ONLY BY THE PROSPECTUS.
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PROXY GRAM
We recently forwarded to you a proxy statement and related materials regarding
a proposal to convert Xxxxxxx Xxxxxx Financial Corporation from a federally
chartered mutual savings and loan association to a federally chartered stock
savings and loan association.
Your vote on our Plan of Conversion has not yet been received. Failure to Vote
has the Same Effect as Voting Against the Conversion.
Your vote is important to us, and we, therefore, are requesting that you sign
the enclosed proxy card and return it promptly in the enclosed postage-paid
envelope.
Voting for the Conversion does not obligate you to purchase stock or affect the
terms or insurance on your accounts.
The Board of Directors unanimously recommend you vote "FOR" the Conversion.
XXXXXXX XXXXXX FINANCIAL CORPORATION
Sidney, Ohio
Xxxxxxx Xxxxxxx
President and Chief Executive Officer
If you mailed the proxy, please accept our thanks and disregard this request.
For further information call (000) 000-0000.
The shares of common stock being offered are not savings accounts or deposits
and are not insured by the Federal Deposit Insurance Corporation, the Bank
Insurance Fund or any other governmental agency. This is not an offer to sell or
a solicitation of an offer to buy stock. The offer is made only by the
Prospectus.
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STOCK GRAM
We are pleased to announce that Peoples Federal Savings and Loan Association,
("Peoples Federal") is offering shares of common stock in a subscription and
community Offering. The sale of stock in connection with the offering will
enable Peoples Federal to raise additional capital to support and enhance its
current franchise.
We previously mailed to you a Prospectus providing detailed information about
Peoples Federal's operations and the proposed stock offering. We urge you to
read this carefully.
We invite our loyal customers and community members to become shareholders of
Xxxxxxx Xxxxxx Financial Corporation (the proposed Holding Company for Peoples
Federal Savings and Loan Association). If you are interested in purchasing the
common stock of Xxxxxxx Xxxxxx Financial Corporation, you must submit your Stock
Order Form, Certification Form and payment prior to 5:00 p.m., Sidney, Ohio
Time, on Xxxxxxx X, 1997.
Should you have additional questions regarding the stock offering or need
additional materials, please call the Stock Information Center at (937) 000-0000
or stop by the Stock Information Center at 000 Xxxx Xxxxx Xxxxxx xx Xxxxxx.
The shares of common stock being offered are not savings accounts or deposits
and are not insured by the Federal Deposit Insurance Corporation, the Bank
Insurance Fund or any other governmental agency. This is not an offer to sell or
a solicitation of an offer to buy stock. The offer is made only by the
Prospectus.
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