At IndyMac, we think the best way to foster an environment that supports the goals of corporate governance—to ensure a sense of responsibility to the Company and its shareholders—is to acknowledge and promote the best and brightest in our workforce. We believe that rewarding those who align their interests with those of the owners is the best way to eliminate needless risk and ensure loyalty to our mission and corporate values. Our aim is to build a “meritocracy,” where performance is the only criteria for advancement. With this in mind, many of our employees are under performance-based compensation programs that tie remuneration to results. A dedication to create shareholder value—and safeguard it—is reflected in a myriad of ways and through a variety of programs throughout the Company. The Company’s intent is to reward initiative, promote creativity, and create an environment where excellence can flourish at all levels.

IndyMac’s values are also reflected in its dedication to the communities in which it does business. As a regulated financial institution, IndyMac is subject to the requirements of the Community Reinvestment Act (CRA). Through the structure of the CRA, IndyMac provides invaluable support to a variety of non-profit, community-based organizations that help to secure and preserve affordable housing. In conjunction with its CRA commitments, the Company supports organizations that have a positive impact on the quality of life in their communities, such as The Wellness Community, the YMCA, the American Red Cross and Kidspace Museum.

In addition to the Company’s financial contributions, IndyMac employees regularly give their time and enthusiasm to projects that help to renovate and rehabilitate housing with fresh paint and repairs. Others are involved in workshops and seminars that help promote the dream of home ownership by teaching the basics of getting a loan, obtaining down payment funds and maintaining good credit.

Through the Company’s “IndyMac Match” program, employees can have gifts to their favorite charities matched dollar-for-dollar by IndyMac. This year, in response to the Southern California wildfires, the Company doubled the amount it normally provides to this program, with the caveat that the extra contributions would match gifts that were earmarked for groups that provided relief services to those affected by the wildfires. IndyMac employees stepped up to lend a hand with an additional $20,000 for wildfire relief efforts.

Through exceptional customer service, devotion to shareholder value, and a strong commitment to their neighbors, IndyMac’s directors, officers and employees are dedicated to our customers, our shareholders and our communities.