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Main Street Bank is a community bank headquartered in Northville, Michigan. We are a growing bank with two locations serving Northville, Plymouth and the surrounding communities. At Main Street Bank we promise to provide you with the finest experience in banking. Because we are based in your hometown, we can respond to your needs quickly and directly, while offering the latest in financial products and services. At Main Street Bank the atmosphere is friendly and warm, just like home. We look forward to meeting you and hope you will allow us the privilege of becoming your hometown bankers.
 
Rick Shaffner
Chairman & CEO
 
Audrey Mistor
President & COO

Main Street Bank   

Investor

Welcome! Thank you for your interest in our company. Following is some information on our shares.

Purchasing our stock
Selling your shares
Valuation of our stock
Lost Certificates
Stock Transfers, Name & Address Changes
Dividends
Shareholder Rights and Voting Requirements
Annual Shareholders Meeting
Transfer Agent
Main Street Bank Contact

Purchasing our stock
Our shares trade from time to time by direct sales-purchases between investors. Our shares currently do not trade in any organized securities trading market or exchange. From time to time we become aware of shareholders who wish to sell shares. If you would like to purchase our stock, please contact us and we will put you on our notification list. If one of our shareholders is interested in selling their shares, we will contact you.

In addition, we have in the past and may in the future make limited, private placement offerings of our shares. Participation in our offerings is subject to qualifications imposed by state and federal laws. Please let us know if you’d like to receive notification if we make an offering in the future.

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Selling your shares
If you are an existing investor and would like to sell your shares, please let us know. Main Street Bank does not have any obligation to facilitate the sale of your stock, nor are you obligated to contact Main Street Bank if you choose to sell our stock. However, we will be happy to let our existing shareholders, other parties who have expressed an interest in hearing about shares for sale, our board members, and our staff know about your interest in selling your shares.

You and the buyer will determine the value and sales price of the shares. Exchange of payment occurs between you and the buyer. Main Street Bank does not facilitate this transaction.

Our transfer agent will assist you with the transfer of share certificates. Their contact information is below.

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Valuation of our stock
Our most recent valuation was completed by Austin Associates, LLC. If you require an annual valuation letter for your shares, Contact Us. This letter should suffice for your personal records or it can be given to your brokerage firm.

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Lost Certificates
Please contact our transfer agent (contact information below) for replacement of lost stock certificates. There is a 1.5% fee assessed on the current market value of the stock to purchase a surety bond for indemnification purposes.

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Stock Transfers, Name & Address Changes
Please contact our transfer agent (contact information below) for transferring the title on your stock certificates. This applies to stock sales, transfers through gifts, transfers into trust or other name or address changes. There is no fee for this service.

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Dividends
There are no dividends announced at this time.

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Shareholder Rights and Voting Requirements
Main Street Bancorp, Inc. has one class of stock, all of which is privately held. We are not traded on any markets or exchanges. The purchase of our shares is a long term investment for those not requiring immediate liquidity from such investment.

The total authorized shares of common stock of Main Street Bancorp, Inc. currently consist of 10,000,000 shares of common stock, no par value per share. We have no authorized shares of preferred stock.

Our shareholders are entitled to one vote per share of common stock, with respect to the election of directors and every other issue submitted to them for shareholder vote at a meeting of shareholders or otherwise. Common shareholders do not have pre-emptive rights. The provisions of our articles of incorporations and by-laws and the Michigan Business Corporation Act govern the rights of common shareholders of Main Street Bancorp.

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Annual Shareholders Meeting
The Annual Shareholders Meeting will be held on Tuesday, April 22, 2008. We encourage all shareholders to attend. Information on this year’s meeting will be communicated to our shareholders as soon as it becomes available.

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Transfer Agent
Registrar and Transfer Company
10 Commerce Drive
Cranford, New Jersey 07016 – 3572
Tel: (800) 368 – 5948
24 Hr fax: (908) 497 – 2318
info@rtco.com

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Main Street Bank Contact
Ann M. Bollinger
Chief Financial Officer
Contact Us

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 Now Offering! 
 
 6 Month
CD Special
 4.10% APY* 
 

 PLEASE JOIN US!

FDIC INSURANCE SEMINAR

Tues, Aug 26th-1:30PM

 or

Wed, Aug 27th -6:30PM

BOTH EVENTS WILL BE HELD AT 133 W. MAIN STREET, NORTHVILLE.


*Disclosure  
 

 

248-449-3700

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