FIRST SECURITYFED FINANCIAL CORPORATION

As a community-oriented financial institution, First Security seeks to serve the financial needs of communities in its market area. First Security's business involves attracting deposits from the general public and using such deposits, together with other funds, to originate primarily one- to four-family residential mortgage loans and, to a lesser extent, multi-family and commercial real estate, consumer and other loans in its market area. The Bank also investsin mortgage-backed and other securities and other permissible investments. See "Risk Factors."