Message from Marc

May 2026

Dear loyal Third Federal customer,

Strong. Stable. Safe. Those three words have set us apart from other banks since my parents founded Third Federal in 1938. We are built on our value system of love (genuine concern), trust, respect, and a commitment to excellence, along with the faith you have in us.

This year, we are again asking for your support for our dividend waiver proposal. Whether you have been a customer for 5 months, or 50 years, or somewhere in between, 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).

Annually, 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 each year for our MHC to waive its receipt of cash dividends, we are asking you once again to vote FOR the waiver in 2026.

Our unique MHC structure adds to our strength and allows us to offer you the best rates on deposits and loans. 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, thank you for your business, and your continued support.

Marc A. Stefanski

Chairman and CEO