To provide the clients with the maximum amount of FDIC insurance available

Citizens Republic Bancorp has decided to continue its participation in the Federal Deposit Insurance Corporation’s (FDIC) voluntary Transaction Account Guarantee Program (TAGP) under the Temporary Liquidity Guarantee Program through June 30, 2010.

As per the TAGP, non-interest bearing transaction accounts, qualified NOW checking accounts paying 0.50% interest or less, and Interest on Lawyers Trust Accounts (IOLTA) are fully guaranteed by the FDIC for the entire amount in the account.

This amount is in addition to and separate from coverage provided through the FDIC’s general deposit insurance fund (which covers balances up to $250,000 per depositor through December 31, 2013).

Cathleen Nash, president and chief executive officer of Citizens Republic, said: We are pleased to continue to provide our clients with the maximum amount of FDIC insurance available to them. This additional coverage is important to small business owners who want a safe harbor for deposits held in their payroll accounts and other cash reserves.”