Disclosures Note Directors, ExecutivesMay Get Additional Stock

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PLANO, Texas - (03/31/05)–In its disclosure materialsrelated to its attempt to convert to a mutual savings bank,Community CU is telling members that directors, officers andemployees who are members will also have an opportunity to purchasestock in the initial stock offering on the same terms andconditions as other members. But it also adds that“directors, officers and employees also usually receiveadditional stock benefits not available to other members in theform of stock options and restricted stock, subject to requiredstockholder approval, and, in the case of officers and employees,but not directors, pursuant to qualified retirement plans.”It also noted that board members, who are currently paid $400 perregular meeting and $100 per committee meeting, will continue toreceive the same fee if the conversion is approved.

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