Dear Valued Shareholder,

At TC Federal Bank, we're committed to providing a sense of trust and certainty in an increasingly uncertain world. The world is stressful, and we believe your banking experience doesn't have to be. We believe in making banking simple, accessible, and stress-free for our customers. Trust and certainty are what we promise, community banking is how we deliver it.

2023 was a tumultuous year for the banking industry but marked a year of investment for TC Federal Bank. It has been a year of expansion and growth. We now have the privilege of serving four growing markets across the southeast, including our recent expansions in Savannah, Georgia, and Jacksonville, Florida. Launching in these two new markets would not have been possible without the collective efforts of our dedicated team members whose hard work, resilience, and unwavering commitment have made this expansion possible.

Our entry into these dynamic markets represents a strategic move to broaden our reach and deepen our relationships with customers in South Georgia and North Florida. By expanding our footprint, we aim to better serve the unique financial needs of local communities while fostering long-term growth and sustainability for our organization.

If someone is looking for how banking “used to be,” they'll find that level of service at TC Federal Bank. We emphasize personalized service, community engagement, and a customer-first approach.

Looking ahead, we remain steadfast in our pursuit of excellence and innovation, continually striving to deliver exceptional value to our shareholders, customers, and communities we serve. As we navigate the opportunities and challenges that lie ahead, we remain confident in our ability to adapt and thrive in an ever-changing landscape.

Thank you for your continued trust and partnership.

hands in together

Greg Eiford

President and CEO