<PAGE>
EXHIBIT 99.3
Chesterfield Financial Corp.
Proposed Holding Company for
Chesterfield Federal Savings and Loan Association of Chicago
Chicago, Illinois
<PAGE>
Marketing Materials
Chesterfield Financial Corp.
Chicago, Illinois
Table of Contents
-----------------
I. Press Releases
A. Explanation
B. Schedule
C. Distribution List
D. Press Release Examples
II. Advertisements
A. Explanation
B. Schedule
C. Advertisement Examples
III. Individual Letters and Community Meeting Invitation
IV. Counter Cards and Lobby Posters
A. Explanation
B. Quantity
V. Proxy Reminder
A. Explanation
B. Example
VI. Subscription Rights Notice
A. Explanation
B. Example
<PAGE>
I. Press Releases
A. Explanation
In an effort to assure that all customers receive prompt accurate
information in a simultaneous manner, Trident advises Chesterfield Federal
to forward press releases to area newspapers, radio stations, etc. at
various points during the conversion process.
Only press releases approved by Conversion Counsel and the OTS will be
forwarded for publication in any manner.
B. Schedule
1. OTS Approval of Conversion
2. Close of Stock Offering
<PAGE>
C. Distribution List
National Distribution List
--------------------------
National Thrift News Wall Street Journal
-------------------- -------------------
212 West 35th Street World Financial Center
13th Floor 200 Liberty
New York, New York 10001 New York, NY 10004
Richard Chang
American Banker SNL Securities
--------------- --------------
One State Street Plaza Post Office Box 2124
New York, New York 10004 Charlottesville, Virginia 22902
Michael Weinstein
Barrons Investors Business Daily
------- ------------------------
Dow Jones & Savings Bank 12655 Beatrice Street
Barrons Statistical Information Post Office Box 661750
200 Burnett Road Los Angeles, California 90066
Chicopee, Massachusetts 01020
New York Times
--------------
229 West 43rd Street
New York, NY 10036
<PAGE>
Local Media List
----------------
(To be provided)
Newspaper
---------
Radio
-----
<PAGE>
D. Press Release Examples
PRESS RELEASE FOR IMMEDIATE RELEASE
---------------------
For More Information Contact:
Michael E. DeHaan, President and CEO
(773) 239-6000
CHESTERFIELD FEDERAL SAVINGS AND LOAN ASSOCIATION OF CHICAGO
------------------------------------------------------------
CONVERSION TO STOCK FORM APPROVED
---------------------------------
Chicago, Illinois (March __, 2001) - Michael E. DeHaan, President and CEO
of Chesterfield Federal Savings and Loan Association of Chicago ("Chesterfield
Federal"), Chicago, Illinois announced today that Chesterfield Federal has
received approval from the Office of Thrift Supervision to convert from a
federally-chartered mutual savings and loan association to a federally-chartered
stock savings and loan association. In connection with the Conversion,
Chesterfield Federal has formed a holding company, Chesterfield Financial Corp.
("Chesterfield Financial"), to hold all of its outstanding capital stock.
Chesterfield Financial is offering up to 3,565,000 shares of its common
stock, subject to adjustment, at a price of $10.00 per share. Certain account
holders and borrowers of Chesterfield Federal will have an opportunity to
subscribe for stock in a Subscription Offering that closes at 12:00 noon Central
Time on April __, 2001. Shares that are not subscribed for during the
Subscription Offering may be offered subsequently to the general public in a
Community Offering and a Syndicated Community Offering, with first preference
given to natural persons and trusts of natural persons residing in Cook and Will
Counties, Illinois. The Subscription Offering, and the Community Offerings, if
conducted, will be managed by Trident Securities of Raleigh, North Carolina.
Copies of the Prospectus relating to the offerings and describing the Plan of
Conversion will be mailed on or about March __, 2001.
As a result of the Conversion, Chesterfield Federal will be structured
in the stock form and
<PAGE>
will be a wholly-owned subsidiary of Chesterfield Financial. According to Mr.
DeHaan, "Our day to day operations will not change as a result of the Conversion
and deposits will continue to be insured by the FDIC up to the applicable legal
limits."
Customers with questions concerning the stock offering should call
Chesterfield Federal's Stock Information Center at (___) ___-___, or visit
Chesterfield Federal's main office.
<PAGE>
PRESS RELEASE #2 FOR IMMEDIATE RELEASE
---------------------
For More Information Contact:
Michael E. DeHaan, President and CEO
(773) 239-6000
CHESTERFIELD FINANCIAL CORP. COMPLETES INITIAL PUBLIC OFFERING
--------------------------------------------------------------
Chicago, Illinois - (April __, 2001) Michael E. DeHaan, President and CEO
of Chesterfield Federal Savings and Loan Association of Chicago ("Chesterfield
Federal"), announced today that Chesterfield Financial Corp. ("Chesterfield
Financial") the proposed holding company for Chesterfield Federal, has completed
its initial stock offering in connection with Chesterfield Federal's conversion
from a mutual to a stock organization. A total of _______ shares were sold at
the price of $10.00 per share.
On April __, 2001, Chesterfield Federal's Plan of Conversion was approved
by its voting members at a special meeting.
Mr. DeHaan said that the officers and boards of directors of Chesterfield
Financial and Chesterfield Federal wished to express their thanks for the
response to the stock offering and that Chesterfield Federal looks forward to
serving the needs of its customers and new stockholders as a community-based
stock institution. The stock will commence trading on about April __, 2001 on
The NASDAQ National Market under the symbol "____". Trident Securities of
Raleigh, North Carolina managed the stock offering.
<PAGE>
II. Advertisements
A. Explanation
The intended use of the attached advertisement "A" is to notify
Chesterfield Federal's customers and members of the local community that
the conversion offering is underway.
The intended use of advertisement "B" is to remind Chesterfield Federal's
customers of the closing date of the Subscription Offering.
B. Media Schedule
1. Advertisement A - To be run immediately following OTS approval and
possibly run weekly for the first three weeks.
2. Advertisement B - To be run during the last week of the subscription
offering.
Trident may feel it is necessary to run more ads in order to remind
customers of the close of The Subscription Offering, and the Community
Offering, if conducted.
Alternatively, Trident may, depending upon the response from the customer
base, choose to run fewer ads or no ads at all.
These ads will run in the local newspapers.
The ad size will be as shown or smaller.
<PAGE>
--------------------------------------------------------------------------------
This is neither an offer to sell nor a solicitation of an offer to buy the
stock of Chesterfield Financial Corp. The offer is made only through the
prospectus. There shall be no offer in any state where such offer or
solicitation of an offer to buy Chesterfield Financial Corp. stock would be
unlawful. The shares of Chesterfield Financial Corp. common stock are not
deposits or savings accounts and will not be insured by the FDIC or any other
governmental agency.
New Issue ____________, 2001
3,565,000 Shares
These shares are being offered pursuant
to the Plan of Conversion whereby
Chesterfield Federal Savings and Loan Association of Chicago
Chicago, Illinois, will convert from a federally-chartered mutual
savings and loan association to a federally-chartered stock
savings and loan association and become a wholly owned subsidiary of
Chesterfield Financial Corp.
Common Stock
_______________
Price $10.00 Per Share
_______________
Trident Securities
For a copy of the prospectus call (773) ___-____.
--------------------------------------------------------------------------------
<PAGE>
Advertisement (B)
--------------------------------------------------------------------------------
CHESTERFIELD FEDERAL SAVINGS AND LOAN
ASSOCIATION OF CHICAGO
April__, 2001 IS THE DEADLINE TO
SUBSCRIBE FOR STOCK OF CHESTERFIELD FINANCIAL CORP.
Customers of Chesterfield Federal Savings and Loan Association of Chicago
have the opportunity to invest in Chesterfield Federal by
subscribing for common stock in its proposed holding company.
CHESTERFIELD FINANCIAL CORP.
A Prospectus relating to these securities is
available at our Stock Information Center located
at our main office. The telephone number for the
Stock Information Center is (773) ___-____.
This is neither an offer to sell nor a solicitation of an offer to buy the stock
of Chesterfield Financial Corp. The offer is made only through the prospectus.
There shall be no offer in any state where such offer or solicitation of an
offer to buy Chesterfield Financial Corp. stock would be unlawful. The shares of
Chesterfield Financial Corp. common stock are not deposits or savings accounts
and will not be insured by the FDIC or any other governmental agency.
--------------------------------------------------------------------------------
<PAGE>
III. Individual Letters and Community Meeting Invitations
A. Explanation
In order to educate the public about the stock offering, Trident suggests
holding community meetings in various locations. In an effort to target a group
of interested investors, Trident requests that each Director of Chesterfield
Federal submit a list of people that he or she would like to invite to a
community meeting.
B. Method of Distribution of Invitations and Prospect Letters
Each Director submits his or her list of prospects. Invitations are sent to each
Director's prospects through the mail. All invitations are preceded by a
Prospectus and all attendees are given a Prospectus at the meeting. Letters will
be sent all attendees to thank them for their attendance and to remind them of
closing dates.
C. Examples enclosed.
<PAGE>
(Trident Letterhead)
May __, 2000
To Members and Friends of Chesterfield Federal Savings and Loan Association of
Chicago:
Trident Securities, a member of the National Association of Securities
Dealers, Inc., is assisting Chesterfield Federal Savings and Loan Association of
Chicago ("Chesterfield Federal") in its Conversion from a federally-chartered
mutual savings bank to a federally-chartered stock savings and loan association,
whereby Chesterfield Federal will operate as a wholly-owned subsidiary of
Chesterfield Financial Corp. ("Chesterfield Financial").
At the request of Chesterfield Federal, we are enclosing materials
explaining the subscription offering process and your right to subscribe for
common shares of Chesterfield Financial. Please read the enclosed offering
materials carefully before subscribing for stock.
If you have any questions, please call the Stock Information Center at
(773)________.
Sincerely,
TRIDENT SECURITIES
This is neither an offer to sell nor a solicitation of an offer to buy the stock
of Chesterfield Financial Corp. The offer is made only through the prospectus.
There shall be no offer in any state where such offer or solicitation of an
offer to buy Chesterfield Financial Corp. stock would be unlawful. The shares of
Chesterfield Financial Corp. common stock are not deposits or savings accounts
and will not be insured by the FDIC or any other governmental agency.
<PAGE>
(Chesterfield Federal Letterhead)
_____________,2001
Dear Valued Customer:
Chesterfield Federal Savings and Loan Association of Chicago
("Chesterfield Federal") is pleased to announce that it has received regulatory
approval to proceed with its plan to convert to a federally-chartered stock
savings and loan association. This stock conversion is the most significant
event in the history of Chesterfield Federal in that it allows customers,
community members, directors and employees an opportunity to own stock in
Chesterfield Financial Corp. ("Chesterfield Financial"), the proposed holding
company for Chesterfield Federal.
We want to assure you that the Conversion will not affect the terms,
balances, interest rates or existing FDIC insurance coverage deposits at
Chesterfield Federal, or the terms or conditions of any loans to existing
borrowers under their individual contract arrangements with Chesterfield
Federal. Let us also assure you that the Conversion will not result in any
changes in the management, personnel or the Board of Directors of Chesterfield
Federal.
As one of our valued members, you have the opportunity to invest in
Chesterfield Federal's future by subscribing for stock in Chesterfield Financial
during the Subscription Offering, without paying a sales commission. If you
decide to exercise your rights to subscribe for shares, you must return the
properly completed stock order form together with full payment for the
subscribed shares to be received by Chesterfield Federal no later than 12:00
noon Central Time on April __, 2001.
The Plan of Conversion will be voted on at a Special Meeting of members
to be held on April __, 2001. Your Board of Directors urges you to vote "FOR"
Chesterfield Federal's Plan of Conversion on the enclosed proxy card. A vote in
favor of the Plan does not obligate you to subscribe for stock. Please sign and
return your proxy card promptly; your vote is important to us.
We have also enclosed a Prospectus and Proxy Statement which fully the
describes Chesterfield Federal, its management, Board of Directors, business and
the Plan of Conversion. Please review it carefully before you vote or invest.
For your convenience we have established a Stock Information Center. If you have
any questions, please call the Stock Information Center collect at
(773)________.
We look forward to continuing to provide quality financial services to
you.
Sincerely,
Michael E. DeHaan
President and CEO
This is neither an offer to sell nor a solicitation of an offer to buy the stock
of Chesterfield Financial Corp. The offer is made only through the prospectus.
There shall be no offer in any state where such offer or solicitation of an
offer to buy Chesterfield Financial Corp. stock would be unlawful. The shares of
Chesterfield Financial Corp. common stock are not deposits or savings accounts
and will not be insured by the FDIC or any other governmental agency.
<PAGE>
(Chesterfield Federal Letterhead)
_____________,2001
Dear Friend:
Chesterfield Federal Savings and Loan Association of Chicago
("Chesterfield Federal") is pleased to announce that it has received regulatory
approval to proceed with its plan to convert to a federally-chartered stock
savings and loan association. This stock conversion is the most significant
event in the history of Chesterfield Federal in that it allows customers,
community members, directors and employees an opportunity to own stock in
Chesterfield Financial Corp. ("Chesterfield Financial"), the proposed holding
company for Chesterfield Federal.
We want to assure you that the Conversion will not affect the terms,
balances, interest rates or existing FDIC insurance coverage on Chesterfield
Federal deposits, or the terms or conditions of any loans to existing borrowers
under their individual contract arrangements with Chesterfield Federal. Let us
also assure you that the Conversion will not result in any changes in the
management, personnel or the Board of Directors of Chesterfield Federal.
Our records indicate that you were a depositor of Chesterfield Federal
on June 30, 1999 or December 31, 2000, but that you were not a member on
February __, 2001. Therefore, under applicable law, you are entitled to
subscribe for Common Stock in Chesterfield Financial's Subscription Offering.
Orders submitted by you and others in the Subscription Offering are contingent
upon the current members' approval of the Plan of Conversion at a special
meeting of members to be held on April __, 2001 and upon receipt of all required
regulatory approvals.
If you decide to exercise your rights to subscribe for stock, you must
return the properly completed stock order form together with full payment for
the subscribed shares so that it is received by Chesterfield Federal not later
than 12:00 noon Central Time on April __, 2001.
Enclosed is a Prospectus that fully describes Chesterfield Federal, its
management, Board of Directors, business and Plan of Conversion. Please review
it carefully before you invest. For your convenience we have established a Stock
Information Center. If you have any questions, please call the Stock Information
Center collect at (773)________.
We look forward to continuing to provide quality financial services to
you.
Sincerely,
Michael E. DeHaan
President and CEO
This is neither an offer to sell nor a solicitation of an offer to buy the stock
of Chesterfield Financial Corp. The offer is made only through the prospectus.
There shall be no offer in any state where such offer or solicitation of an
offer to buy Chesterfield Financial Corp. stock would be unlawful. The shares of
Chesterfield Financial Corp. common stock are not deposits or savings accounts
and will not be insured by the FDIC or any other governmental agency.
<PAGE>
(Chesterfield Federal Letterhead)
____________,2001
Dear Member:
As a qualified member of Chesterfield Federal Savings and Loan
Association of Chicago ("Chesterfield Federal"), you have the right to vote upon
Chesterfield Federal's Plan of Conversion and also generally have the right to
subscribe for shares of common stock of Chesterfield Financial Corp.
("Chesterfield Financial"), the proposed holding company for Chesterfield
Federal through its mutual to stock conversion.
However, the Plan of Conversion, which has been approved by the Office
of Thrift Supervision, provides that Chesterfield Financial will not offer stock
in any state in which compliance with the securities laws would be impracticable
for reasons of cost or otherwise. Unfortunately, the securities laws of your
state would require Chesterfield Financial to register its common stock and/or
its employees in order to sell the common stock to you. Such registration would
be prohibitively expensive or otherwise impracticable in light of the few
members residing in your state.
You may vote on the Plan of Conversion and we urge you to read the
enclosed Summary Proxy Statement and execute the enclosed Revocable Proxy.
Questions regarding the execution of the Revocable Proxy should be directed to
Chesterfield Federal's Stock Information Center at (773)________.
Sincerely,
Michael E. DeHaan
President and CEO
This is neither an offer to sell nor a solicitation of an offer to buy the stock
of Chesterfield Financial Corp. The offer is made only through the prospectus.
There shall be no offer in any state where such offer or solicitation of an
offer to buy Chesterfield Financial Corp. stock would be unlawful. The shares of
Chesterfield Financial Corp. common stock are not deposits or savings accounts
and will not be insured by the FDIC or any other governmental agency.
<PAGE>
(Chesterfield Federal Letterhead)
_____________,2001
Dear Interested Investor:
Chesterfield Federal Savings and Loan Association of Chicago
("Chesterfield Federal") is pleased to announce that it has received regulatory
approval to proceed with its plan to convert to a federally-chartered stock
savings and loan association. This stock conversion is the most significant
event in the history of Chesterfield Federal in that it allows customers,
community members, directors and employees an opportunity to own stock in
Chesterfield Financial Corp. ("Chesterfield Financial"), the proposed holding
company for Chesterfield Federal.
We want to assure you that the Conversion will not affect the terms,
balances, interest rates or existing FDIC insurance coverage on Chesterfield
Federal deposits, or the terms or conditions of any loans to existing borrowers
under their individual contract arrangements with Chesterfield Federal. Let us
also assure you that the Conversion will not result in any changes in the
management, personnel or the Board of Directors of Chesterfield Federal.
Enclosed is a Prospectus fully describing Chesterfield Federal, its
management, Board of Director, business and Plan of Conversion. Please review it
carefully before you make an investment decision. If you decide to invest,
please return to Chesterfield Federal a properly completed stock order form
together with full payment for shares at your earliest convenience but not later
than 12:00 noon Central Time on April __, 2001. For your convenience we have
established a Stock Information Center. If you have any questions, please call
the Stock Information Center collect at (773)________.
We look forward to continuing to provide quality financial services to
you.
Sincerely,
Michael E. DeHaan
President and CEO
This is neither an offer to sell nor a solicitation of an offer to buy the stock
of Chesterfield Financial Corp. The offer is made only through the prospectus.
There shall be no offer in any state where such offer or solicitation of an
offer to buy Chesterfield Financial Corp. stock would be unlawful. The shares of
Chesterfield Financial Corp. common stock are not deposits or savings accounts
and will not be insured by the FDIC or any other governmental agency.
<PAGE>
Sent to prospects who are customers*
________________,2001
&salutation& &firstname& &last name&
&address&
&city&, &state& &zip&
Dear &prefername&
Recently you may have read in the newspaper that Chesterfield Federal
Savings and Loan Association of Chicago ("Chesterfield Federal") will convert
from a federally-chartered mutual savings bank to a federally-chartered stock
savings and loan association. This is the most significant event in the history
of Chesterfield Federal in that it allows customers, employees and directors the
opportunity to share in Chesterfield Federal's future by becoming charter
stockholders of Chesterfield Federal's newly-formed holding company,
Chesterfield Financial Corp. ("Chesterfield Financial").
As a customer of Chesterfield Federal, you should have received a packet
of information regarding the conversion, including a Prospectus and a Proxy
Statement. In addition, we are holding several presentations to discuss the
stock offering in more detail. You will receive an invitation in the near
future.
Please feel free to call me or Chesterfield Federal's Stock Information
Center at (773)________ if you have any questions. I look forward to seeing you
at one of our informational presentations.
Sincerely,
Michael E. DeHaan
President and CEO
This is neither an offer to sell nor a solicitation of an offer to buy the stock
of Chesterfield Financial Corp. The offer is made only through the prospectus.
There shall be no offer in any state where such offer or solicitation of an
offer to buy Chesterfield Financial Corp. stock would be unlawful. The shares of
Chesterfield Financial Corp. common stock are not deposits or savings accounts
and will not be insured by the FDIC or any other governmental agency.
<PAGE>
*Sent to prospects who are not customers*
_____________,2001
&salutation& &firstname& &lastname&
&address&
&city&, &state& &zip&
Dear &prefername&:
Recently you may have read in the newspaper that Chesterfield Federal
Savings and Loan Association of Chicago ("Chesterfield Federal") will be
converting from a federally-chartered mutual savings bank to a
federally-chartered stock savings and loan association. This is the most
significant event in the history of Chesterfield Federal in that it allows
customers, employees and directors the opportunity to share in Chesterfield
Federal's future by becoming charter stockholders of Chesterfield Federal's
holding company, Chesterfield Financial Corp. ("Chesterfield Financial").
[Director] has asked that you be sent a Prospectus and stock order form,
which would allow you to become a charter stockholder, should stock be
available. In addition, we are holding several presentations to discuss the
stock offering in more detail. You will receive an invitation in the near
future.
Please feel free to call me or Chesterfield Federal's Stock Information
Center at (___) ___-____ if you have any questions. I look forward to seeing you
at one of our information presentations.
Sincerely,
Michael E. DeHaan
President and CEO
This is neither an offer to sell nor a solicitation of an offer to buy the stock
of Chesterfield Financial Corp. The offer is made only through the prospectus.
There shall be no offer in any state where such offer or solicitation of an
offer to buy Chesterfield Financial Corp. stock would be unlawful. The shares of
Chesterfield Financial Corp. common stock are not deposits or savings accounts
and will not be insured by the FDIC or any other governmental agency.
<PAGE>
*Sent to those attending a community meeting*
_____________,2001
&salutation& &firstname& &lastname&
&address&
&City&, &state& &zip&
Dear &prefername&:
Thank you for attending our informational presentation relating to
Chesterfield Federal's conversion to a stock savings bank. The information
presented at the meeting and the Prospectus you recently received should assist
you in making an informed investment decision.
Obviously, we are excited about this stock offering and the opportunity
for the community to share in the future of Chesterfield Federal. This
conversion is the most important event in our history and it gives Chesterfield
Federal the strength to compete in the future and will provide Chesterfield
Federal additional corporate flexibility.
We may contact you in the near future to see if you are interested in
participating in our offering. If you decide to invest, please return your
properly completed stock order form no later than 12:00 noon, Central Time, on
April __, 2001. If you have any questions, please call the Stock Information
Center at (___) ___-____.
Sincerely,
Michael E. DeHaan
President and CEO
This is neither an offer to sell nor a solicitation of an offer to buy the stock
of Chesterfield Financial Corp. The offer is made only through the prospectus.
There shall be no offer in any state where such offer or solicitation of an
offer to buy Chesterfield Financial Corp. stock would be unlawful. The shares of
Chesterfield Financial Corp. common stock are not deposits or savings accounts
and will not be insured by the FDIC or any other governmental agency.
<PAGE>
* Sent to those not attending a community meeting *
__________, 2001
&salutation& &firstname& &lastname&
&address&
&city&, &state& &zip&
Dear &prefername&:
I am sorry you were unable to attend our recent presentation regarding
Chesterfield Federal's mutual to stock conversion. We are enthusiastic about the
stock offering and the opportunity for the community to share in the future of
Chesterfield Federal.
We have established a Stock Information Center to assist you with any
questions regarding the stock offering. Should you require any assistance
between now and the Subscription Offering deadline of 12:00 Noon, Central Time,
on April __, 2001, I encourage you to either stop by our Stock Information
Center or call (___) ___-____.
I hope you will join me as a charter stockholder in Chesterfield
Financial.
Sincerely,
Michael E. DeHaan
President and CEO
This is neither an offer to sell nor a solicitation of an offer to buy the
stock of Chesterfield Financial Corp. The offer is made only through the
prospectus. There shall be no offer in any state where such offer or
solicitation of an offer to buy Chesterfield Financial Corp. stock would be
unlawful. The shares of Chesterfield Financial Corp. common stock are not
deposits or savings accounts and will not be insured by the FDIC or any other
governmental agency.
<PAGE>
* Final Reminder Letter *
__________, 2001
&salutation&firstname&lastname&
&address&
&city&, &state& &zip&
Dear &prefername&:
I am writing to remind you that the deadline for subscribing for stock
in Chesterfield Financial is quickly approaching. I hope you will join me in
becoming a charter stockholder in one of Illinois's newest publicly owned
financial institutions.
The deadline for becoming a charter stockholder is 12:00 Noon, Central
Time, on April __, 2001. If you have any questions, please call our Stock
Information Center at (___) ____-____.
Once again, I look forward to having you join me as a charter
stockholder in Chesterfield Financial.
Sincerely,
Michael E. DeHaan
President and CEO
This is neither an offer to sell nor a solicitation of an offer to buy the
stock of Chesterfield Financial Corp.. The offer is made only through the
prospectus. There shall be no offer in any state where such offer or
solicitation of an offer to buy Chesterfield Financial Corp. stock would be
unlawful. The shares of Chesterfield Financial Corp. common stock are not
deposits or savings accounts and will not be insured by the FDIC or any other
governmental agency.
<PAGE>
*Charter Stockholder Letter*
April __, 2001
Dear Charter Stockholder:
On behalf of the Board of Directors, Management and employees of the
Chesterfield Federal Savings and Loan Association of Chicago, it is my pleasure
to welcome you as a Charter Stockholder of Chesterfield Financial Corp. We are
very proud of the overwhelming support we received from our customers, as we
successfully completed the sale of _________ shares of common stock.
Your new stock certificate is enclosed and should be kept in a safe place.
Please take a moment to be sure that the name(s) and mailing address are
correct. We have selected ________________________________ to serve as our
Transfer Agent. If there is an error on your stock certificate, if your address
changes, or if at any time you wish to change the registration of your
certificate, you should contact ___________________________ at:
______________________________
_____________________
__________________
Attn: Investor Relations
1-800-___-____
The stock will be traded under the symbol "____" on The NASDAQ National Market,
and should begin trading on or about April __, 2001. If you are interested in
price or trading information, please call your broker or our underwriter,
Trident Securities at 1-800-340-6321.
If you purchased shares with a check or cash, you will receive a check for
interest earned on those funds in a separate mailing. If you authorized a
withdrawal(s) from your Chesterfield Federal Savings and Loan Association of
Chicago account, the funds have been withdrawn from your account(s).
Thank you for your support of our mutual to stock conversion. We are proud of
the confidence you have expressed in us by becoming a charter stockholder in
Chesterfield Financial Corp. and pledge our best efforts to make your investment
a successful one.
Sincerely,
Michael E. DeHaan
Chairman and Chief Executive Officer
Enclosure
<PAGE>
===============================================================================
The Directors and Officers
of
Chesterfield Federal Savings and Loan Association of Chicago
cordially invite you to attend a brief
presentation regarding the stock offering of
Chesterfield Financial Corp., our proposed holding company.
Please join us at
_______________________________
_______________________________
_________________________________________
_______________ - March __, 2001
6:00 p.m.
for refreshments
YOU MUST RESPOND BY March __, 2001 TO RESERVE A SEAT
R.S.V.P. (773)________
===============================================================================
<PAGE>
IV. Counter Cards and Lobby Posters
A. Explanation
Counter cards and lobby posters serve two purposes: (1) As a notice to
Chesterfield Federal's customers and members of the local community that
the stock sale is underway and (2) to remind the customers of the end of
the Subscription Offering. Many people often forget the deadline for
subscribing and therefore we suggest the use of these simple reminders.
B. Quantity
Approximately 2 - 3 Counter cards will be used at teller windows and on
customer service representatives' desk. Approximately 1 - 2 Lobby
posters will be used at Chesterfield Federal's office.
C. Example
D. Size
The counter card will be approximately 8 1/2" x 11".
The lobby poster will be approximately 16" x 20".
<PAGE>
C.
POSTER OR COUNTER CARD
===============================================================================
"TAKE STOCK IN OUR FUTURE"
"CHESTERFIELD FINANCIAL
STOCK OFFERING MATERIALS
AVAILABLE HERE"
"DEADLINE TO SUBSCRIBE FOR STOCK IS APRIL __, 2001."
CHESTERFIELD FEDERAL SAVINGS AND LOAN ASSOCIATION OF CHICAGO
===============================================================================
<PAGE>
V. Proxy Reminder
A. Explanation
A proxy reminder is used when the majority of votes needed to adopt the
Plan of Conversion is still outstanding. The proxy reminder is mailed to
those "target vote" depositors who have not previously returned their
signed proxy.
The target vote depositors are determined by the conversion agent.
B. Example
C. Size
Proxy reminder is approximately 8 1/2" x 11".
<PAGE>
B. Example
--------------------------------------------------------------------------------
P R O X Y R E M I N D E R
Chesterfield Federal Savings and Loan Association of Chicago
YOUR VOTE ON OUR STOCK CONVERSION PLAN HAS NOT BEEN RECEIVED.
--------- ---------------------
YOUR VOTE IS VERY IMPORTANT, PARTICULARLY SINCE FAILURE TO VOTE IS EQUIVALENT TO
---------------------------
VOTING AGAINST THE PLAN OF CONVERSION.
VOTING FOR THE PLAN OF CONVERSION WILL NOT AFFECT THE INSURANCE OF YOUR
ACCOUNTS. DEPOSIT ACCOUNTS WILL CONTINUE TO BE FEDERALLY INSURED UP TO THE
APPLICABLE LIMITS.
YOU MAY SUBSCRIBE FOR STOCK IF YOU WISH, BUT VOTING DOES NOT OBLIGATE YOU TO BUY
STOCK.
PLEASE ACT PROMPTLY! SIGN THE ENCLOSED PROXY CARD AND MAIL, OR
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DELIVER, THE PROXY CARD TO CHESTERFIELD FEDERAL TODAY.
PLEASE VOTE ALL PROXY CARDS RECEIVED.
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WE RECOMMEND THAT YOU VOTE TO APPROVE THE PLAN OF CONVERSION. THANK YOU.
THE BOARD OF DIRECTORS AND MANAGEMENT OF
CHESTERFIELD FEDERAL SAVINGS AND LOAN
ASSOCIATION OF CHICAGO
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IF YOU RECENTLY MAILED THE PROXY,
PLEASE ACCEPT OUR THANKS AND DISREGARD THIS REQUEST
FOR FURTHER INFORMATION CALL (773) ___-____.
This is neither an offer to sell nor a solicitation of an offer to buy the
stock of Chesterfield Financial Corp. The offer is made only through the
prospectus. There shall be no offer in any state where such offer or
solicitation of an offer to buy Chesterfield Financial Corp. stock would be
unlawful. The shares of Chesterfield Financial Corp. common stock are not
deposits or savings accounts and will not be insured by the FDIC or any other
governmental agency.
<PAGE>
VI. Subscription Rights Special Notice
A. Explanation
In an effort to educate depositors and/or borrowers of Chesterfield
Federal about their subscription rights and the possible violation or
transfer of subscription rights which could occur, each member and
friend will receive a special one-page notice. The notice should be
printed on a colored paper and will contain language from the Prospectus
that discusses the transfer of subscription rights.
A. Example enclosed
<PAGE>
Subscription Rights
Special Notice
Any transfer of, or attempt to transfer, a subscription right to any
other person is illegal and subject to civil fines and/or penalties and even
criminal fines and/or penalties. Chesterfield Federal Savings and Loan
Association of Chicago intends to prosecute vigorously any transfer of, or
attempt to transfer, subscription rights that come to its attention.
If you are contacted by anyone offering to give you money to buy stock in
exchange for transferring the stock to them later, share in any way proceeds
upon the sale of the stock, or transfer your subscription rights in any other
way, please call us immediately at (773) ___-____.
