Published:
PrimeVest Honors Top Financial Institutions of 2007
ST. CLOUD, Minn., Feb. 13 /PRNewswire/ -- PrimeVest Financial Services,
one of theUnited States' largest broker-dealers exclusively serving financial
institutions, recently honored its top performers of 2007 at its Senior
Management Conference held inLas Vegas, Nev. The honorees included Bancnorth
Investment Group (Portland, Maine), First Interstate Bank (Billings, Mont.),
First Victoria National Bank (Victoria, Texas), Fentura Financial, Inc.
(Hudsonville, Mich.), and Redstone Federal Credit Union (Huntsville, Ala.).
"In what was a spectacular 2007, these five institutions delivered
outstanding results in comparison with their peers," said PrimeVest President
Catherine Bonneau. "Each enjoyed vigorous growth while remaining focused on
their clients' needs. We're delighted to recognize them for a job well done."
Bancnorth Investment Group led the way among PrimeVest's top financial
institution clients of 2007, claiming highest honors in the $5 billion-and-
above asset category. First Interstate Bank was named winner of the $1.5
billion-to-$5 billion category. The community banks class was dominated by
First Victoria National Bank, winner of the $500 million-to-$1.5 billion
category, and Fentura Financial, Inc., recipient of the under-$500 million
category award. Most outstanding credit union acclaim went to Redstone Federal
Credit Union.
Overall, PrimeVest investment programs enjoyed, on average, a 20 percent
increase in GDC growth last year, making program-of-the-year selections
challenging.
"We're proud of our programs' accomplishments and we're excited about what
they are poised to accomplish in 2008," said Bonneau. "Early indications are
that the competition continues to build because of the impressive efforts
happening throughout our entire client base as programs strategically move
more toward serving the holistic needs of investors."
About PrimeVest
PrimeVest Financial Services is a self-clearing broker-dealer serving the
clients of nearly 600 financial institutions in 50 states andGuam. PrimeVest
makes it easier for financial institutions to succeed by delivering innovative
investment and insurance solutions, comprehensive support and a flexible
program structure. One of the broker-dealers of ING, PrimeVest is a
shareholder of theChicago Stock Exchange, and a member of the Depository
Trust and Clearing Corporation (DTCC), the Securities Investors Protection
Corporation (SIPC), and Financial Industry Regulatory Authority (FINRA).
Securities and insurance products offered by PrimeVest are: Not FDIC-
/NCUSIF-insured; may go down in value; not financial institution-guaranteed;
not a deposit; and not insured by any federal government agency.
About ING
ING is a global financial institution of Dutch origin offering banking,
insurance and asset management to over 75 million private, corporate and
institutional clients in more than 50 countries. With a diverse workforce of
over 120,000 people, ING comprises a broad spectrum of prominent companies
that increasingly serve their clients under the ING brand.
In the U.S., the ING (NYSE: ING) family of companies offer a comprehensive
array of financial services to retail and institutional clients, which
includes life insurance, retirement plans, mutual funds, managed accounts,
alternative investments, direct banking, institutional investment management,
annuities, employee benefits, financial planning, and reinsurance. ING holds
top-tier rankings in key U.S. markets and serves over 14 million customers
across the nation. For more information, visit www.ing.com .
SOURCE PrimeVest Financial Services
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