Approval of proposal by eBANK

The following press release was published by the Board of Governors of the Federal Reserve System on Jan. 16, 2008. It is reproduced in full below.

The Federal Reserve Board on Wednesday announced its approval of the application filed by eBANK Corporation, Tokyo, Japan, to establish a representative office in San Francisco, California.

Attached is the Order relating to this action.

Source: Board of Governors of the Federal Reserve System