On December 5, 2013, T. Rowe Price Associates, Inc. completed the sale of the stock of T. Rowe Price Savings Bank to Mr. Jacob M. Safra. If you have an account with the bank, please rest assured that your deposits are, and will remain, FDIC insured to the fullest extent allowed.
In connection with the sale, the bank has changed its name to M.Y. Safra Bank, FSB (M.Y. Safra Bank). M.Y. Safra Bank can be contacted using the same telephone number (1-800-445-8881) or you can also call 1-855-MYSAFRA. Representatives will be available Monday through Friday, 9 a.m. to 4 p.m., ET. For more information about M.Y. Safra Bank visit www.mysafra.com.
For additional information about the sale of the bank, please view the most recent letter sent to customers.