Univest Bank and Trust Co.SM Ready To Begin Construction
The new facility in Hatfield Township, Montgomery County will be located in the new Hatfield Pointe Shopping Center along with Lowe's and other Retail Stores
SOUDERTON, Pa., April 7, 2010 – Univest Bank and Trust Co.SM (listed on NASDAQ: UVSP) announced the start of construction today at a groundbreaking ceremony for its new financial service center located in the new Hatfield Point Shopping Center at 120 Forty Foot Road (Route 63/Forty Foot Road) in Hatfield. Univest's existing office across the street in the Ralph's Corner Shopping Center will serve customers in its current location until the new office opens in late summer or early fall.
State Senator Stewart Greenleaf, State Representative Robert Godshall, Andrew Haines, manager for Hatfield Township, Bryce Mininger, general contractor from H. Mininger & Son, Dave Woelkers, vice president corporate development for Clemens Family Corporation and James Wood, executive vice president for Clemens Family Corporation joined Univest's management team at the groundbreaking ceremony.
"The groundbreaking is an opportunity for us to show how excited we are to enhance our presence in the community and provide a new, state-of-the-art office for our customers," said K. Leon Moyer, president and chief executive officer of Univest Bank and Trust Co.SM "We're proud to show our commitment to the Lansdale and Hatfield communities by constructing this new office which will enhance the quality experiences for our employees and customers."
From Left to Right:
Bryce Mininger, general contractor, H. Mininger & Son; Andrew Haines, township manager, Hatfield Township; Philip Jackson, market president, Univest Bank and Trust Co.SM; Senator Stewart Greenleaf, 12th District; K. Leon Moyer, president and CEO, Univest Bank and Trust Co.SM; Representative Robert Godshall, 53rd District; Donald Krieble, senior vice president and regional manager, Univest Bank and Trust Co.SM; James Wood, executive vice president, Clemens Family Corporation; Dave Woelkers, vice president corporate development, Clemens Family Corporation; Richard Mariner, vice president property management, Univest Bank and Trust Co.SM
About Univest Corporation
Headquartered in Souderton, Pa., 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, member FDIC and 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., Member FINRA and SIPC, 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.
