Orangeburg, NY, June 14, 2002 By order of the FDIC, all furniture, computers and office equipment of Superior Federal Bank, FSB, Hinsdale, Illinois and its Alliance Funding division, will be placed on the auction block.

Tranzon was hired by the FDIC to auction the contents of Superior Bank offices in California, Texas, Colorado, Illinois, Michigan, Ohio, Pennsylvania, Florida, Georgia, Virginia and New York.

Interested purchasers may bid on items at each location or participate in a live, real- time online auction. The auctions will take place on June 19 and June 20 in Orangeburg, New York (located approximately 25 miles north of Manhattan) and on July 23 from its Oakbrook Terrace, Illinois headquarters (located approximately 20 miles west of Chicago). The on-line auctions will take place simultaneously at www.bidspotter.com.

Buyers can take home one of the Bank’s many HP color laser printers or Herman Miller Aeron chairs, to name just two of the items available. Corporate buyers will find Cisco networking equipment, IBM servers, telephone equipment and modular office workstations, among other great items for sale. The New York facility’s contents to go to auction include a complete cafeteria and a well-equipped fitness center.

Tranzon companies cover the United States from coast-to-coast and specialize in selling real estate and business assets at auction. Tranzon combines the market savvy and expertise of its regional companies with the resources of a national organization. More information on Tranzon can be found at www.tranzon.com or by contacting Mike Walters at (714) 508-9211.

Bidspotter.com utilizes the Internet to allow bidding from anywhere in the world, in real-time, online auction events. For more information on their system or services, contact Jeff Harris at 1-866-597-BIDS