EXHIBIT 99.1
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Stock Offering Expires
12:00 noon
____________, 2001
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BUCS Financial Corp Stock Center
(Proposed Holding Company for BUCS Federal Bank) (410) ___ - ____
STOCK ORDER FORM
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Number of Shares
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Number of Shares Purchase Price Total Payment Due
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X $10.00
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The minimum number of shares that may be subscribed for is 25 and the maximum
number you may purchase together with related entities or persons acting with
you in the conversion is 12,500 shares. Management has the discretion to
increase or decrease the purchase limit within regulations. Orders of $25,000 or
more must be paid by BUCS Federal account withdrawals, certified funds,
cashier's check or money order.
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Method of Payment
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<S> <C>
|_| Enclosed is a check or money order made payable to BUCS Federal for $____________.*Do not mail cash.
* Please take cash payment in person to BUCS Federal.
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o I authorize BUCS Federal to withdraw the indicated amounts from the
following BUCS Federal accounts and understand that the amounts will not
otherwise be available for withdrawal.
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<S> <C> <C>
Account Number |Amount
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| $ (Call the Stock Center for IRA transactions.)
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$ There will be no penalty for early withdrawals of
----------------------|--------------- funds used to order stock.
| $
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Total Withdrawal | $
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Purchaser Information
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|_| Check here if you are a director, officer or employee of BUCS Federal or a
member of their immediate families in the same household.
|_| Check here if you were a depositor with $ 50.00 or more on February 28,
1998, September 30, 2000, or __________, 2000. If you check this box,
please enter all your account information for each of these dates below:
(If you need additional space, please attach a separate sheet.)
|_| I am not acting in concert with any other persons purchasing stock in the
conversion nor are any of my associates purchasing stock.
|_| I am acting in concert with the following purchasers and/or the following
purchasers are my associates: ____________________________________________
_______________________________, _______________________________.
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Stock Registration
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Please review the guidelines on the back of this form. Print the name(s) in
which you want the stock registered and the mailing address for the
registration. Names must appear exactly as on your account at BUCS Federal if
you are subscribing as an Eligible Account Holder, Supplemental Account Holder
or Other Member. SUBSCRIPTION RIGHTS ARE NOT TRANSFERABLE.
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Form of ownership: Please check one.
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|_| Individual |_| Tenants in common |_| Uniform Transfers to Minors Act
|_| Joint Tenants |_| Corporation or partnership |_| Uniform Gifts to Minors Act
|_| Other _________________ |_| Fiduciary _____________________
please specify adoption date
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Name Evening Telephone
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Name Daytime Telephone
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Street Address County of Residence
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City State Social Security or TaxpI.D. No.
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NASD Affiliation
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Please read the NASD Affiliation section on the reverse side of this form:
Check if applicable and initial where indicated .
|_| Check here if you are a member of the National Association of Securities
Dealers Inc. (NASD) or a person associated with an NASD member or a partner
with a securities brokerage firm or a member of the immediate family of any
such person to whose support such person contributes directly or indirectly
or if you have an account in which an NASD member or person associated with
an NASD member has a beneficial interest. In accordance with the conditions
for an exception from the interpretation, I agree (i) not to sell, transfer
or hypothecate this stock for a period of 90 days following issuance and
(ii) to report this subscription in writing to the applicable NASD member I
am associated with within one day of payment of the stock.
*____________________________(Initial)
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NOTE:Failure to list all of your accounts may result in fewer shares being
allocated to you in the event of an over subscription.
Name('s) on Account(s) Account Number
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PLEASE DATE AND SIGN ON THE OPPOSITE SIDE.
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Guidelines For Registering Stock
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For reasons of clarity and standardization, the stock transfer industry has
developed uniform stock ownership registrations which we will use in issuing
your stock certificate. Common ownership registrations are explained below. If
you have any questions about how your BUCS Financial Corp stock should be
registered, see your legal advisor.
To ensure correct registration, please follow the instructions for the
ownership you select:
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GENERAL INSTRUCTIONS:
* Include the first name, middle initial, and last name of each person
listed. Avoid the use of an initial in place of the first name.
* Do not use titles such as ("Mr.," "Mrs.," "Dr.," etc.)
* Omit words that do not affect ownership rights such as "special account"
"personal property," etc.
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INDIVIDUAL: Instructions: Print the first name, middle initial, and last name of
the person in whose name the stock is to be registered. You may not list
beneficiaries for this ownership.
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JOINT TENANTS: Joint Tenancy with Right of Survivorship identifies two or more
persons as owners of the stock. Upon the death of one of the owners, ownership
automatically passes to the surviving tenant(s).
Instructions: Print the first name, middle initial, and last name of each joint
tenant. You may not list beneficiaries for this ownership.
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TENANTS IN COMMON: Tenants in Common identifies two or more persons as owners of
the stock. Upon the death of one co-tenant, ownership of the stock passes to the
heirs of the deceased co-tenant and the surviving co-tenant(s).
Instructions: Print the first name, middle initial, and last name of each
co-tenant. You may not list beneficiaries for this ownership. .
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FIDUCIARIES: Generally, fiduciary relationships (such as Conservatorship, Legal
Trust, Guardianship, etc.) are established under a form of trust agreement or
are pursuant to a court order. Without a legal document establishing a fiduciary
relationship, your stock may not be registered in a fiduciary capacity.
Instructions: On the first "NAME" line, print the first name, middle initial,
and last name of the fiduciary if the fiduciary is an individual. If the
fiduciary is a corporation, list the corporate title on the first "NAME" line.
Following the name, print the fiduciary "title" such as conservator, personal
representative, etc.
On the second "NAME" line, print either the name of the maker, donor or testator
or the name of the beneficiary. Following the name, indicate the type of legal
document establishing the fiduciary relationship (agreement, court order, etc.)
In the blank above "Adoption Date," fill in the date of the document governing
the relationship. The date of the document need not be provided for a trust
created by a will. EXAMPLE OF A FIDUCIARY REGISTRATION: John D. Smith Trustee
for Tom A. Smith Under Agreement Dated 6/6/74.
PLEASE NOTE THAT "TOTTEN TRUST" AND "PAYABLE ON DEATH" OWNERSHIPS MAY NOT BE
USED IN REGISTERING STOCK. For example, stock cannot be registered as "John Doe
Trustee for Jane Doe" or "John Doe Payable on Death to Jane Doe."
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UNIFORM GIFTS TO For Maryland residents and residents of many states, stock may be held in the name of a custodian for the benefit
MINORS ACT/ of a minor under the Uniform Transfers to Minors Act. For residents of some other states, stock may be held in a
UNIFORM TRANSFERS similar type of ownership under the Uniform Gifts to Minors Act of the individual states. For either ownership,
TO MINORS: the minor is the actual owner of the stock with the adult custodian being responsible for the investment until
the minor reaches legal age.
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Instructions: If you are a Maryland resident and wish to register stock in this
ownership, check "Uniform Transfers to Minors Act." For other states, see your
legal advisor if you are unsure about the correct registration of your stock.
On the first "NAME" line, print the first name, middle initial, and last name of
the custodian with the abbreviation "CUST" after the name.
Print the first name, middle initial, and last name of the minor on the second
"NAME" line.
Only one custodian and one minor may be designated.
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NASD AFFILIATION: Please refer to the NASD AFFILIATION statement on the face of
this form. If applicable, initial where indicated and check the box. The
National Association of Securities Dealers, Inc. Interpretation With Respect to
Free-Riding and Withholding (the "Interpretation") restricts the sale of a "hot
issue" (securities that trade at a premium in the aftermarket) to NASD members,
persons associated with NASD members (i.e., an owner, director, officer,
partner, employee or agent of a NASD member) and certain members of their
families. Such persons are requested to indicate that they will comply with
certain conditions required for an exemption from the restrictions.
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Acknowledgments
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Sign and date the order form. When purchasing as a custodian, corporate officer,
etc., add your full title to your signature. An additional signature is required
only when payment is by withdrawal from an account that requires more than one
signature to withdraw funds. Your order will be filled according to the
provisions of the Plan of Conversion as described in the Prospectus.
I (WE) ACKNOWLEDGE THAT THIS SECURITY IS NOT A SAVINGS ACCOUNT OR DEPOSIT AND IS
NOT FEDERALLY INSURED e AND IS NOT GUARANTEED BY BUCS FEDERAL OR THE FEDERAL
GOVERNMENT.
I (we) further certify that I (we) received a Prospectus prior to purchasing the
Common Stock of BUCS Financial Corp and acknowledge the terms and e conditions
described therein. The Prospectus that I (we) received contains disclosure
concerning the nature of the security being offered and describes the risks
involved in the investment. These risks include, among others:
o future changes in interest rates which may reduce our profits;
o increase in commercial business loans and consumer lending which carry a
greater risk than residential loans;
o decreased return on equity and increased expenses immediately after the
conversion which may negatively affect the price of our stock;
o expenses of our stock-based benefit plans which will increase our overall
expenses;
o anti-takeover provisions in our articles of incorporation that could
discourage takeover attempts;
o amount of ownership and control of our stock by our officers and directors;
o possible downturn in local economy and competition which could hurt our
profitability;
o lack of an active market for our stock;
o adoption of financial institution regulations that could reduce our
profitability; and
o risk that the price of our stock will not increase to a level comparable to
other publicly traded financial institution holding companies.
If anyone asserts that this security is federally insured or guaranteed, or is
as safe as an insured deposit, I (we) should call the Office of Thrift
Supervision Regional Director for the Southeast Region, at (404) 888-0771.
I (we) understand that, after receipt by BUCS Financial Corp this order may not
be modified or withdrawn without the consent of BUCS Financial Corp or BUCS
Federal. Further, I (we) certify that my (our) purchase does not conflict with
the purchase limitations in the Plan of Conversion and that the shares being
purchased are for my (our) account only and that there is no present agreement
or understanding regarding any subsequent sale or transfer of such shares. Under
penalties of perjury, I (we) certify that: (1) the Social Security Number or Tax
Identification Number given above is correct; and (2) I (we) am (are) not
subject to backup withholding. Instructions: You must cross out #2 above if you
have been notified by the Internal Revenue Service that you are subject to
withholding because of under-reporting interest or dividends on your tax return.
I understand that by executing this order I do not waive any rights afforded to
me by the Securities Act of 1933 or the Securities Exchange Act of 1934.
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ALL INDIVIDUALS IN ORDER MUST SIGN. Signature Date
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Additional Signature (if required) Date
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THIS ORDER NOT VALID UNLESS SIGNED
FOR ASSISTANCE, PLEASE CALL OUR STOCK CENTER AT
(410) ___-____ (BUCS FINANCIAL CORP)
FROM __:00 A.M. TO __:00 P.M., MONDAY THROUGH FRIDAY
