PRIMEVEST Signs Trio of Financial Institutions; Renews With The Harleysville National Bank and Trust Company
07 Julho 2009 - 5:00PM
PR Newswire (US)
ST. CLOUD, Minn., July 7 /PRNewswire/ -- PRIMEVEST Financial
Services, a leader among broker-dealers serving financial
institutions exclusively, announced today that it has recently
signed three financial institutions to full-service brokerage
agreements. The trio includes Iowa Falls State Bank (Iowa Falls,
Iowa), Katahdin Trust Company (Presque Isle, Maine) and Wilshire
State Bank (Los Angeles, Calif.). Also, The Harleysville National
Bank and Trust Company (Harleysville, Pa.) agreed on a five-year
contract renewal with PRIMEVEST, extending a relationship that
began in 2005. "It's always exciting to welcome new financial
institutions into the PRIMEVEST family and continue the strong
relationships we've built with our existing clients," said
PRIMEVEST President and CEO Catherine Bonneau. "Now more than ever,
we're looking forward to helping them serve their clients." Iowa
Falls State Bank is launching a start-up investment program which
will feature PRIMEVEST's Joel Carter as program manager and lead
financial professional. Katahdin Trust Company, with $465 million
in assets, has moved to PRIMEVEST from another broker-dealer.
Katahdin will privately label PRIMEVEST's investment program as
Katahdin Financial Services. Brad Berthiaume, formerly of Bancnorth
Investment Group, will serve as program manager and lead financial
professional. Wilshire State Bank, with $2.6 billion in assets,
will privately label PRIMEVEST's investment program under the
Wilshire State Wealth Management moniker. James Yoo, formerly of
Saehan Bank, will serve as the program manager and lead financial
professional. The Harleysville National Bank and Trust Company,
with nearly $5.6 billion in assets, features PRIMEVEST's Robert
Celli as program manager. About PRIMEVEST PRIMEVEST Financial
Services is a self-clearing broker-dealer serving the clients of
nearly 600 financial institutions in 50 states and Guam. PRIMEVEST
makes it easier for financial institutions to succeed by delivering
innovative investment and insurance solutions, comprehensive
support and a flexible program structure. One of the broker-dealers
of ING, PRIMEVEST is a shareholder of the Chicago Stock Exchange,
and a member of the Depository Trust and Clearing Corporation
(DTCC), the Securities Investors Protection Corporation (SIPC), and
Financial Industry Regulatory Authority (FINRA). PRIMEVEST is not
affiliated with the financial institutions where investment
services are offered. Securities and insurance products offered by
PRIMEVEST are: Not FDIC/NCUSIF insured; may go down in value; not
financial institution guaranteed; not a deposit; and not insured by
any federal government agency. About ING ING is a global financial
institution of Dutch origin offering banking, investments, life
insurance and retirement services to over 85 million private,
corporate and institutional clients in more than 40 countries. With
a diverse workforce of about 115,000 people, ING is dedicated to
setting the standard in helping our clients manage their financial
future. In the U.S., the ING (NYSE:ING) family of companies offer a
comprehensive array of financial services to retail and
institutional clients, which includes life insurance, retirement
plans, mutual funds, managed accounts, alternative investments,
institutional investment management, annuities, employee benefits,
financial planning, and reinsurance. ING holds top-tier rankings in
key U.S. markets and serves over 29 million customers across the
nation. For more information, visit http://www.ing.com/.
DATASOURCE: PRIMEVEST Financial Services CONTACT: Jayson Hron of
PRIMEVEST, 1-800-245-0467, ext. 64506, Web Site:
http://www.ing.com/
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