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JV. Independence of' the Proposer: <br /> <br />Ao <br /> <br />Describe any bm/ness, investment or family relationships with~the city, city <br />officials, appointed employees or department heads. <br /> <br />We are not aware of any bus/ness, investment, (other than regular bank <br />checking and savings account services) or f~y rel~ionshiPs',Mth,-~..y,- ' <br />city official or employee with the exception of one Director. jerry B-a/ier <br />is a .member.of our Board of Dkectors .and is'related:to David .E. ',Ir¢!g ~ <br />elected official. <br /> <br />Mr. Bauer is 'not an employee of the bank and his only comPensatloa is' <br />limited to a monthly fee for attending the Board meetings. He does not <br />have any ownership interest in the bank nor does he share in any of-the <br />profits generated by the bank. To avoid any conflicts of.interest, Mr. <br />Bauer'will abstain from discussions related to the-City of l~amsey. <br /> <br />B. Describe any formal independence guidelines used by your institution. <br /> <br />Village Bank operates under a strict set of policies and procec[ures'which <br />govern employee .activities relating to our institution. Th/s/nc{udes <br />compliance with state and federal taws relating to conflict of.interestand <br />bribery. <br /> <br />We would be happy to discuss any speci/fic Village Bank policies with you <br />upon your request. <br /> <br />V. Profile of the Proposer: <br /> <br />.A. <br /> <br />Bo <br /> <br />Attached is a copy of our most recent call report, including a snmm~ry income <br />statement, balance sheet, and financial ratios. <br /> <br />List of Officers: <br /> Don Kveton, Owner <br /> Larry Schm/nsk/, President <br /> Bill Rew, ChiefF/nancial Officer <br /> Ann Goettsch, Executive Vice President <br /> Glen Hard/n, Senior Vice President <br /> Jan K1/ns/ng, Assistant Vice President/Office Manager <br /> <br />-4- <br /> <br />-203- <br /> <br /> <br />