2242-2630 [Tab C Exs. 83-94(G)] (PUBLIC)
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gJ ' J.UNITE.D . . ..... ": '$TE" ...• "RN:' . . " . .. : .......... ·WE.:.··: ...... · • ....... Decemhe:t22,2010 Philip A,. Gerbick Regional Pirectot . Office of Thrift WestemRegional office. 225 'E. John Carpenter Suite SOO Irving, TX7S062-2326 SENT VIA EMAIL ANDOVERNIGHTMA.IL Re: UilitedWeSterii Bank Deat Mr. Gerbitk: . R. Pei>p1c:s &.Chief ExecUtive .officer Bank: 720;9:5:6;6576 iPeoples®uwbMk.con1.. Pursuanttothe July 15, 2010; letter from Philip A. Gerbick,Regional Office of Thrift Supervision ("'OTS"),to the .. U,rtited WesternB.au (the "B.anlc") requited to notIfy the OTsif anY one of a group of depositors . advises the Bank that such depositor intends. to move more than 5% of its client deposits out of the· Bank.' Moreover; pursuant to a recent OTS· . Directive. the· Bank .is . required to conduct a reView. or all . .plan· deposits" 011- . c:leptlsit at fJllddetermine howto bring tbeBaruc into compliance' with 12 nS.C.Section 1821 e/ seq. (the "FDIALimitatiOJi"). After.' revieWing· theFDIA Limitation with our customer,.base,. Matrix Settlement and Clearance Services, Inc. (''MSCS'') has the Bank that MSCS and its affiliates ate moving posthaste address the FDJA .Limitation. Specifically, MSCS. advised the BIU'ik that on December 20,2()1 Q, it rer.noved· $29 million indepo$its from. its accounts atflIe Ballk and on December 21, 2010, it r.emoved an additional $50 million in deposits. 'Moreover, over the next number intends;. to. cause fm;thet' amounts (up ttl and inc1qding the. attioUllt.it • its 0),1 I This lei!.er.lIIldthe CQnfideilti"l of United Western aankand it$ holding comjJanyUmted Western BIIIlCOl'J), Inc. that 'is not in the. pilbJic .• domaitt This letter is being to the. federal bank I'f,lglil!ltOl'l;lofUt!itec:\ Ba'Qk in ·capac<ity. oyer the Bank and. gtantedcoufidei:!tilll trea,tnient pursuant to·the confidential' commercial infoiniation alid bankexaminationaild supervision Cl(emptlooB.tdtheFreeddin QfJnfonnatiol) ACt. AccordiXlgly, wer(lquest;P Uf1\uant to S and (b)(8), confideJitialtreapttent lie this fetter. D9tifYllll if anyc>iie aJ;reedom of hll'G.rmatioti Actrequesl for a copy of this letter. Uitited West¢rnFin'ancia\ Center 700 SevefiteenthStteet· Den:ver, C:Qlotadg 80202 tel:30.3.$95.989'1-f'aJ( 303.390;0952 . WWW:llwbartcorn.Cotn 2242
Transcript of 2242-2630 [Tab C Exs. 83-94(G)] (PUBLIC)
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