Univest Bank and Trust Co.℠ Earns Five-Star Bauer Financial, Inc. Award for the Second Quarter of 2011
SOUDERTON, Pa., September
13, 2011 - Univest Corporation (listed on NASDAQ:
UVSP),parent company of Univest Bank and Trust
Co.SM, 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*, received
the prestigious five-star rating from Bauer Financial Inc., the
nation's leading independent bank rating firm. Bauer's financial
rating system represents an independent, unbiased analysis of a
financial institution's safety and soundness position. Bauer
Financial's five-star rating denotes the highest level of banking
performance.
"We are honored to once again
receive Bauer Financial's five-star rating for safety and soundness
and proud to be recognized for our prudent business approach," said
William S. Aichele, chairman, president and CEO of Univest
Corporation.
A recommended rating is given to all institutions receiving a
four-star rating or better. Univest has received a recommended
rating for the past 88 consecutive quarters. Only one third of the
nation's banks are branded as such. The award is based upon an
analysis of current financial data as supplied by federal banking
regulators and compared with previous historical data for
consistency.
*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.