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Outstanding CRA Rating

NOTICE:  Loan Services are only available throughout the bank's regular service area. Contact the bank for specific information regarding this service area.

WELLS--Federal Bank Regulators have given Wells Federal Bank the highest possible rating following an examination of the bank's performance under the Community Reinvestment Act (CRA).

The Office of Thrift Supervision rated Wells Federal "Outstanding" in meeting the credit needs of the communities it serves.

Criteria used in the evaluation include the bank's loan to deposit ratio, lending activity throughout its service area and among various family income levels.

"We are pleased to once again receive an outstanding rating for our CRA activities," says Lawrence H. Kruse, Wells Federal president. "Helping families in our service area buy homes has been our goal since we began more than 65 years ago.

Criteria used in the evalutation include the bank's loan-to-deposit ratio, lending activity throughaout its service area and among various applicant income levels

Wells Federal is a $185 million bank with headquarters in Wells and branch offices in Blue Earth, Mankato, North Mankato, Fairmont, Albert Lea, St. Peter and Owatonna.

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