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Statement

regarding recent bank failures

Insperity does not bank with or process payroll through Silicon Valley Bank (SVB) or Signature Bank. We use a major national banking institution for our PEO payroll operations.

We understand the stress and uncertainty these bank failures cause business owners. We are working diligently with our clients that have relationships with these banks to assist them in processing payroll.

We have a long history of successfully helping our clients work through challenges posed to their business. We will continue to monitor this rapidly evolving situation and focus on finding ways to support our clients every step of the way.

Insperity