Federal Reserve Bank Economic Advisor To Discuss National, Regional Outlook At Univest Economic Series; Event Is Open To The Public
Event to be Held Thursday, May 20 at Pine Crest Country Club; Featured Speaker, Luke Tilley, Philadelphia Federal Reserve Bank.
SOUDERTON, Pa., May 12, 2010 – Univest Bank and Trust Co.SM (listed on NASDAQ: UVSP), is launching the 2010 Univest Economic Series on Thursday, May 20 from 8:00 a.m. until 10:00 a.m. at the Pine Crest Country Club, 101 Country Club Drive, Lansdale. The featured speaker will be Luke Tilley, a regional economic advisor at the Federal Reserve Bank of Philadelphia, who will speak on the general state of the national and regional economies and real estate markets. He will also discuss factors that shaped the economy throughout the first quarter and what to expect in the remaining months of 2010. This is a free event and is open to the public. To attend, contact Kristen Nonnemacher at 215-721-2450 or email. Reservations are required by Monday, May 17.
"We are providing this educational forum to gain insight to the state of the economy and if in fact we are seeing true signs of a recovery" said Phil Jackson, Montgomery County market president for Univest Bank and Trust Co.SM "Few economists can provide the insight that Luke will in his presentation, a broad perspective on the trends shaping our national economy as well as the remaining outlook for the economic and real estate markets in the Philadelphia region."
Mr. Tilley's responsibilities with the Federal Reserve Bank of Philadelphia include working directly with the business and banking community to understand emerging trends and business concerns in the Bank's District, which includes eastern Pennsylvania, southern New Jersey, and Delaware.
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.
