June 2019

When my parents founded Third Federal in 1938, they did so with a mission of helping our customers achieve the dream of homeownership and financial security.

Whether this is your first year or your 81st year as a customer, we thank you for your business and continued confidence in us.

If you are a current Third Federal depositor (prior to May 20, 2019), or borrower as of January 17, 1996, with a loan that is still active, you are a voting member of our Mutual Holding Company (MHC).

Each year, we ask you to vote FOR a proposal for our MHC to waive its receipt of cash dividends during the year. Because we are required by regulators to solicit your vote annually, we are asking once again to vote FOR the waiver in 2019.

We thank our MHC members for their support every year we have asked. Every vote counts. Every year.

We need a majority of the eligible votes of our members to approve the dividend waiver, so we truly need your vote FOR the waiver.

If you do not cast a vote on the dividend waiver proposal, it will have the same effect as a no vote.

On behalf of Third Federal, I thank you for your support.

Marc A. Stefanski
Chairman and CEO