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Susquehanna Bank Susquehanna Approved for U.S. Treasury Capital Purchase Program

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Capital Purchase Program

Susquehanna’s Participation in the Capital Purchase Program

Susquehanna Bancshares, Inc., received $300 million in capital through the U.S. Treasury Department’s Capital Purchase Program, a voluntary program that provided capital to financially healthy banks so that they can lend that money back into their communities. We opted to pursue this source of additional capital funding because we believe it is in the best interests of our customers, shareholders and the communities we serve.

Susquehanna has been and continues to be a key player in providing financing to businesses and consumers in our markets. The capital we received through this government program is one additional source of funding for loans to local residents and businesses, which drives economic growth.

It is also important to note that this U.S. Treasury funding is not a give-away by the government. The Treasury Department made an investment in Susquehanna preferred shares and is receiving a 5% annual dividend. In the future, the government will be able to redeem these shares and recoup its investment.

There is no doubt that our country is experiencing severe economic challenges. In our 100-year history, Susquehanna has developed a record of conservative financial management and strong credit quality. We have navigated both good and bad economic times, and we put that experience to work for our customers, shareholders and neighbors every day.

For more information about our participation in the U.S. Treasury Capital Purchase Program, please read the press release we issued on November 19, 2008.