Univest Bank and Trust Co. Pledges Support to iHelp® Student Loan Program
SOUDERTON, Pa., December 7,
2011 - Univest Corporation of Pennsylvania (listed on NASDAQ:
UVSP),parent company of Univest Bank and Trust Co., a
full-service financial institution with 135 years of experience in
delivering financial solutions including personal and business
banking, online banking, residential mortgages, insurance products,
investment and wealth advisory solutions*, is the latest member
bank of the Independent Community Bankers of America (ICBA) to
commit loan capital to the iHELP® private student loan program.
"ICBA is pleased that Univest has joined the iHELP student loan
program as a member bank in Pennsylvania," said Dan Clancy, ICBA
executive vice president of services. "The iHELP private student
loan program allows our nation's community banks to provide 'gap'
funding within their communities to deserving students and their
families."
iHELP is a simple, transparent and low-cost private lending
program being offered through local community banks to help their
customers achieve their higher-education goals. The iHELP program
was launched in 2010 and is now being rolled out nationwide. iHELP
hit its first full lending cycle this July through September and
has 10 states, including Pennsylvania, processing loans for the
current academic year.
"Univest's commitment to offering relevant financial solutions
based on the needs of our customers is reflected in our decision to
support the iHELP program," said Louis P. Spinelli, executive vice
president and director of consumer strategy and delivery at Univest
Bank. "iHELP will allow us to meet the educational funding needs of
students and their families in our local communities."
You can access iHelp by visiting www.univest.net. For more information about the
iHELP private student loan program, contact Ann Anderson (303)
621-2533 or aanderson@ihelploan.com.
*Investment and insurance products are offered through
Univest Investments, Inc., member FINRA/SIPC, and Univest
Insurance, Inc., licensed non-bank subsidiaries of Univest
Corporation of Pennsylvania.
About Univest Corporation
Headquartered in Souderton, Pennsylvania, Univest Corporation of
Pennsylvania (www.univest.net) and its subsidiaries serve the
financial needs of residents, businesses, and nonprofit
organizations in Bucks, Chester, Montgomery and Lehigh counties.
Univest Bank and Trust Co.SM, a member of the FDIC and
an Equal Housing Lender, offers customers 32 financial
service centers, 12 retirement financial services centers, and
39 ATM locations throughout the region, and is the parent company
of Univest Capital, Inc., a small ticket
commercial finance business; Univest Insurance, Inc., an independent
insurance agency headquartered in Lansdale, Pa., which serves commercial and
personal customers; and Univest Investments, Inc., a member of
FINRA and SIPC and a full-service broker-dealer and investment
advisory firm. For more information on Univest Corporation of
Pennsylvania and its subsidiaries, please visit www.univest.net.
About ICBA
The Independent Community Bankers of America, the nation's
voice for community banks, represents nearly 5,000 community banks
of all sizes and charter types throughout the United States and is
dedicated exclusively to representing the interests of the
community banking industry and the communities and customers we
serve. For more information, visit www.icba.org.