Message from Marc

May 2024

Dear loyal Third Federal customer,

For more than 85 years, our mission has been to help customers like you achieve the dream of homeownership and to be a safe haven for your deposits.

We are strong, stable, and safe. We are built on the foundation of the faith you have in us, and our value system of love (genuine concern), trust, respect, and a commitment to excellence.

As either a current Third Federal depositor or a borrower as of January 17, 1996, with a loan that is still active, you are a voting member of our Mutual Holding Company (MHC).

This year, we are again asking for your support for our dividend waiver initiative.

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 for our MHC to waive its receipt of cash dividends, we are asking you once again to vote FOR the waiver by July 8, 2024. If you are also a TFSL stockholder, you are not waiving your right to a dividend, rather the MHC is waiving its right to a dividend.

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 continued support.

Marc A. Stefanski
Chairman and CEO