TRUSTBANK™ Completes Arizona Branch Aquisition

(May 15, 2006)
TrustBank, a $130 million asset bank headquartered in Olney, Illinois, announced today the completion of its acquisition of the Tempe, Arizona, branch of Phoenix-based, Bank of the Southwest. The acquisition included certain specific assets and deposits of the branch located at 7910 S. Kyrene Road, Suite 107 in Tempe, Arizona. This was a cash transaction and part of a larger acquisition by a third party of Bank of the Southwest. Terms of the deal were not disclosed.

In announcing completion of the transaction, Bruce Runyon, TrustBank’s President and CEO, said, “This is a major milestone in reaching our goal of growing our operations and enhancing returns for our stockholders. We have the business plan and key people in place to take advantage of the opportunities presented in this extremely attractive market.” Mr. Runyon added, “The consistent earnings generated by TrustBank’s southern Illinois operations will easily support this growth and allow us to build our Arizona business.”

Mr. Runyon said, “This acquisition will serve as an entrée into the expanding Arizona economy and provide an excellent opportunity to grow TrustBank. By offering a full range of banking services including commercial loans, free checking and a cash back Mastercard, all combined with our own style of personal service, we make TrustBank ‘The Only Bank You'll Ever Need’.”

TrustBank is also pleased to announce that Jay Cross will become its Arizona Branch President. Cross is a long time resident of Arizona and has more than 25 years of experience in growing businesses in customer service oriented markets around the world. Cross holds a B.S. in Industrial Engineering from Millikin University, and an Executive MBA from Ohio State, in addition to studying Industrial Marketing at Wharton.

Cross stated, “TrustBank’s commitment to service, full range of capability and customer oriented culture will truly differentiate our bank in Arizona. I look forward to the opportunity to serve our local customers and grow the bank for our stake holders.” To contact TrustBank’s new Tempe branch, call 480-598-5300 or e-mail Mr. Cross at jay.cross@trustbank.net.

TrustBank is an Illinois state bank and a wholly-owned subsidiary of Rich Land Bancorp, Inc. TrustBank’s main office is located in Olney, Illinois, and it has three branch offices located in Olney, Illinois; Cisne, Illinois; and Tempe, Arizona. On December 31, 2005, Rich Land Bancorp had total consolidated assets and stockholders’ equity of approximately $131 million and $16 million, respectively.

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