Univest In The News
Univest National Bank And Trust Co.’S Trust Department Surpasses $1 Billion In Assets Under Management
SOUDERTON, Pa, February 27, 2007 – Univest Corporation (NASDAQ Global Select Market: UVSP) recently announced that its Wealth Management and Trust Group surpassed the $1 billion mark in assets under management.
 |
Photo Caption: Past and present leaders of Univest National Bank and Trust Co.’s Trust Department. Seated from left to right: Marvin A. Anders and Charles H. Hoeflich. Standing from left to right: J. Matthew Holliday, Murray Y. Alderfer, Russell M. Moyer and Barry L. Stoltzfus. |
“Our Trust business has benefited from the experience and foresight of our past and present leadership,” said Barry L. Stoltzfus, executive vice president of Wealth Management & Trust for Univest National Bank and Trust Co. “We have achieved our success because of our ability to provide expertise, deliver the right financial solutions, and develop long-lasting relationships with our clients.“
Since March 10, 1923 when the Bank first received its trust powers, it has been dedicated to assisting individuals, nonprofits, businesses, and families manage their wealth. Over the years, through leadership from Charles H. Hoeflich, Russell M. Moyer, Murray Y. Alderfer, Marvin A. Anders, and now Barry L. Stoltzfus and J. Matthew Holliday. Univest’s Trust Department has built a strong reputation and created a tradition of serving generations of investors. Today, 84 years later, the Trust department consists of 47 employees and five departments including Wealth Management & Trust, Individual Trust, Institutional Trust, Trust Investments, and Trust Support.
“The trust business is about building relationships, providing personalized service, and developing bonds with our clients, added Stoltzfus. “We’re here to give our clients’ peace of mind by helping them plan for their own financial independence – or by helping them provide a legacy for future generations.”
To commemorate the $1 billion milestone, Univest National Bank and Trust Co. is inviting customers and the public to enjoy celebratory cake at its headquarters, located at 14 North Main Street in Souderton on Friday, March 9 from 8:00 a.m. – 5:00 p.m.
Headquartered in Souderton, Pa., Univest Corporation of Pennsylvania serves the financial needs of residents, businesses, and nonprofit organizations in Bucks, Chester, and Montgomery counties through three principal subsidiaries. Univest National Bank and Trust Co. offers customers 34 financial service centers, 12 retirement financial services centers, and 41 ATM locations throughout the region, and is the parent company of Vanguard Leasing, Inc., a small ticket commercial leasing business. Univest Insurance, Inc., a full-service insurance agency headquartered in Lansdale, Pa., has two divisions in Chester County – Donald K. Martin & Company and B.G. Balmer & Co., Inc. Univest Investments, Inc. offers a wide range of investment and trust products and services.
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.