BUSINESS BANKING / Repurchase Agreement Facility REPURCHASE AGREEMENT FACILITY First Citizens Bank provides our business and professional clients the option to increase their income by way of interest earnings while at the same time maintaining the safety and security of the operating deposits maintained. Our Repurchase account is designed for the business owner and/or professional who maintain significant balances in their operating and money market accounts and require additional security for their deposit balances in excess of the FDIC parameters. You can determine the balances to be maintained in the operating account and benefit from a daily sweep of excess balances to the repurchase facility. In today’s business environment it is important for every business owner and professional to utilize the most appropriate banking solutions that meet their specific needs. Sun American Bank’s Repurchase Facility is one of those services that provide your business with increased earnings in a safe and secure environment. Minimum Account Opening Balance - $50,000 Minimum Balance to maximize benefits  - $100,000 Funds in repurchase account are guaranteed by securities pledged by the Bank                      Daily Interest Earnings Daily sweep of excess funds from operating account Unlimited sweeps at no charge Daily statement of transactions provided Nominal monthly administrative fee