With a Ready Equity^SM Flex Home Equity Line of Credit you will always have ready cash for home improvements, debt consolidation, or any special plans or purchases you may want to make at a moment's notice. You can also use your home's equity as a cash management tool and the interest may be tax deductible.*

Ready Equity Offers You:

• Lines of credit up to $1,000,000
• No points, no closing costs for lines up to $250,000

Information You'll Need to Apply:
Prior to filling out the application, you probably want to have some personal information handy:

• Social Security Number or tax ID
• Monthly Income
• Outstanding loans and credit cards, including balances and monthly payments
• Home Owners Insurance Information
• Income Verification May Be Necessary

Loans are available to residents of the Bank's primary market area, which includes Santa Barbara, Ventura, Monterey, Santa Cruz, San Benito, San Luis Obispo and Santa Clara Counties.

Married persons may apply for individual credit.

If you are applying with more than one co-applicant, please call: 1-866-733-2756

Confidential, no obligation.

Disclosures:

Rates effective 6/25/08. The variable APRs for both owner-occupied and non-owner occupied programs are based on the Prime Rate as published in the Wall Street Journal, plus or minus a margin determined at the time the line is opened. Rate may vary monthly based on adjustment of the Prime Rate, which is 5.00% as of 6/25/08. Variable APRs shown above assume a FICO score of at least 720 and automatic payments from an account with us. Your actual APR may be higher than the advertised rate. APR will not exceed 18%. Minimum line amount is $10,000, maximum is $1,000,000. Line amount offered is dependent upon certain factors such as FICO credit score, occupancy status, debt-to-income ratio, and combined loan-to-value (CLTV) ratio. Maximum CLTV ratios range from 60%–80% for owner-occupied properties and from 65%–75% for non-owner occupied properties. No points, no closing costs on amounts to $250,000. On amounts over $250,000, there is a $60 documentation fee, plus title, deed of trust recording, flood & appraisal fees, which generally total between $158 and $4,170. Other options may be available with different terms. Subject to approval and verification of equity and title report. Property insurance and flood insurance (if applicable) are required. $500 early closure fee if line is closed within 36 months of note date. Your Flex Ready Equity Line of Credit will have a 10 year draw period, followed by a 15 year repayment period. During the draw period, you may obtain advances from your line of credit and the minimum payment due will consist of interest only. Once the repayment period begins, you may no longer make advances on the line and you will have 15 years to repay the outstanding balance, including fully amortizing principal and interest payments each month. See your tax advisor for tax deductibility. Offer expires 8/5/08.