The Hartford Completes Acquisition of Federal Trust Bank
25 June 2009 - 7:09AM
PR Newswire (US)
SANFORD, Fla., June 24 /PRNewswire/ -- Federal Trust Bank announced
today that it has been acquired by The Hartford Financial Services
Group, Inc. (Logo:
http://www.newscom.com/cgi-bin/prnh/19990513/FDTRLOGO ) Said Dennis
T. Ward, President and Chief Executive Officer of Federal Trust
Bank, "we are pleased to be part of The Hartford Financial Services
Group Inc, a 200 year old company recognized as one of the most
ethical companies in the world. The additional capital provided by
The Hartford supports the long term financial viability of our
institution for our customers." About Federal Trust Bank Federal
Trust Bank is a federally-chartered, FDIC-insured savings bank.
Federal Trust Bank operates 11 full-service offices in Seminole,
Orange, Volusia, Lake and Flagler Counties, Florida. The Bank's
executive and administrative offices are located in Sanford,
Florida. About The Hartford Celebrating nearly 200 years as a
trusted partner, The Hartford (NYSE: HIG) is an insurance-based
financial services company that serves households and businesses by
protecting their assets and income from risks. The company is a
Fortune 500 company that is recognized widely for its service
expertise and as one of the world's most ethical companies. More
information on the company and its financial performance is
available at http://www.thehartford.com/. Some of the statements in
this release may be considered forward-looking statements as
defined in the Private Securities Litigation Reform Act of 1995. We
caution investors that these forward-looking statements are not
guarantees of future performance, and actual results may differ
materially. Investors should consider the important risks and
uncertainties that may cause actual results to differ. These
important risks and uncertainties include those discussed in our
Quarterly Reports on Form 10-Q, our 2008 Annual Report on Form 10-K
and the other filings made with the Securities and Exchange
Commission. We assume no obligation to update this release, which
speaks as of the date issued. Contact: Dennis T. Ward President and
Chief Executive Officer (407) 562-0319
http://www.newscom.com/cgi-bin/prnh/19990513/FDTRLOGODATASOURCE:
Federal Trust Bank CONTACT: Dennis T. Ward, President and Chief
Executive Officer, Federal Trust Bank, +1-407-562-0319,
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