Univest Continues To Believe In Local By Providing Strong Financial Support to the Community
Univest's Financial Support In The Fourth Quarter Totaled Approximately $300,000
SOUDERTON, Pa., February 12, 2010 – Univest Corporation (listed on NASDAQ: UVSP) demonstrated its ongoing support to the communities it serves by continuing to provide financial support totaling approximately $300,000 to 63 non-profit organizations during the fourth quarter of 2009.
"As we ask others to Believe in Local, it is important for us to continue supporting the local non-profits that enrich our communities," said K. Leon Moyer, president and chief executive officer of Univest Bank and Trust Co.SM "As a community bank, our success is directly impacted by the strength of the neighborhoods and communities in which we operate, and we are proud to continue delivering support both financially and through volunteer efforts."
Univest's financial support focused on non-profit organizations serving individuals and families throughout Bucks, Chester, Montgomery and Lehigh counties in areas of arts, culture, education, youth athletics and senior citizen programs. In addition to Univest's financial support, Univest employees took part in the American Bankers Association's nationwide financial education program, Get Smart About Credit Day. Univest employees taught 225 students within Bucks and Montgomery county high schools, highlighting the importance of maintaining good credit, managing to a budget and planning for the future.
Photo caption: Denise Yannarell, of Univest Corporate Banking, teaches 11th graders at Central Bucks South High School the importance of managing credit cards and staying out of debt.
In 2009, Univest Bank and Trust Co.SM supported a total of 311 local non-profits by contributing a total of $805,425.
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 38 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.
This press release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors. Such factors include the possibility that increased demand or prices for the Company's financial services and products may not occur, changing economic and competitive conditions, technological developments, and other risks and uncertainties, including those detailed in the company's filings with the Securities and Exchange Commission.
