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ICBA/Travelers Program Pays Policyholder Dividend to ICBA Members

Washington, D.C. (February 3, 2009)—The Independent Community Bankers of America (ICBA) today announced that nearly 1,200 member banks will share a $3.46 million policyholder dividend as part of their participation in the ICBA/Travelers Insurance program with SelectOneSM. The dividend is the seventh consecutive dividend that participating banks have gained through the program.

“The ICBA/Travelers Insurance program has provided a tremendous value to its community bank members for nearly three decades,” said Dan Clancy, ICBA senior vice president of services. “ICBA takes tremendous pride in partnering with companies like Travelers to offer advanced products and services to our nation’s community banks.”

“This long-standing partnership between Travelers and the ICBA has literally paid dividends for policyholders,” said Gary Erickson, vice president of Financial Institutions, Travelers. “In addition to generating more than $26 million in policyholder dividends to ICBA members since its inception in 1983, ICBA policyholders also benefit from the peace of mind that comes with participating in a program that offers the protection that community banks seek.”

The dividend, which applies to the property and casualty coverages, is the result of efforts by participating ICBA member banks in managing various insurance exposures in the workplace and reducing insurance claims. This policyholder dividend is just one feature of the ICBA/Travelers Insurance Program with SelectOne, offered to members through independent agents.

“Member banks receive twofold value from this ICBA preferred services program,” said Frank Suellentrop, chairman of ICBA’s Bank Services Committee and president of Legacy Bank in Wichita, Kan. “Through this program, Travelers offers community banks a range of insurance products at competitive rates plus the potential for the bank to receive a dividend for their participation. Additionally, individual bank dividends can be significantly more than ICBA membership dues. This is one of the tremendous benefits that accrue to community banks when they use ICBA’s preferred services.”

The ICBA/Travelers Insurance Program with SelectOne offers an extensive selection of products to cover many of the risks community banks could possibly face. The program features the following coverage options: directors and officers liability, financial institution bonds, bankers professional liability, kidnap and ransom, fiduciary liability, employment practices liability, lender liability, trust errors and omissions liability, cyber liability, computer property protection, identity fraud expense reimbursement, general liability, excess depository bonds, property, workers compensation and auto liability. Currently, 35 percent of ICBA members purchase one or more of these products through Travelers.

ICBA members that are eligible for the dividend should receive a check from their independent agent in early 2009.

About Travelers
The Travelers Companies, Inc. (NYSE: TRV) is a leading property casualty insurer selling primarily through independent agents and brokers. Travelers understands that life and business are inherently dynamic and that the best way to serve customers is to deliver insurance in-synch with evolving risks. The company’s diverse business lines offer its global customers a wide range of coverage in the autohome and business settings. Travelers is a Fortune 100 company, with 2008 revenues of approximately $24 billion. The company has more than 33,000 employees. For more information on being in-synch, visit www.travelers.com.