Bryn Mawr Bank Corporation (NASDAQ: BMTC), (the “Corporation”), parent
of The Bryn Mawr Trust Company (the “Bank”), today announced that Ted
Peters, Chairman and CEO, has been elected to serve on The Federal
Reserve Bank of Philadelphia Board of Directors for a three year term
beginning January, 2009. Mr. Peters was elected by member banks of the
Federal Reserve Bank of Philadelphia.
“It’s an honor to join the Board of the Fed. We are in the midst of the
most challenging economic environment since the 1930’s and it’s exciting
to be part of the process of solving this crisis,” said Mr. Peters.
Mr. Peters has more than thirty years experience in the banking industry
and serves on a number of boards including: Pennsylvania Association of
Community Bankers, Main Line Health, Congressman Jim Gerlach’s Financial
Advisory Board, Bryn Mawr Film Institute, Wayne Arts Center, St. Davids
Golf Club, and the Rosemont College Business Advisory Board, and GVA
Smith Mack.
ABOUT BRYN MAWR TRUST
Bryn Mawr Bank Corporation, including its wholly-owned subsidiary, The
Bryn Mawr Trust Company, which was founded in 1889, had $1.1 billion in
corporate assets and $2.8 billion in trust and investment assets under
management, administration, supervision and brokerage as of September
30, 2008. Bryn Mawr Trust offers a full range of personal and business
banking services, consumer and commercial loans, equipment leasing,
mortgages, insurance, as well as wealth management services including
investment management , trust and estate administration, retirement
planning, custody services, and tax planning and preparation.
Headquartered in Bryn Mawr Pennsylvania, Bryn Mawr Trust has eight
full-service branches serving residents businesses in the affluent
western suburbs of Philadelphia. It also maintains seven limited service
offices in prominent adult life care communities.
Bryn Mawr Bank Corporation
Ted Peters, Chairman
610-581-4800
or 610-316-2600 (evening)
tpeters@bmtc.com
or
J.
Duncan Smith, CFO
610-526-2466 or 610-306-8489 (evening)
jdsmith@bmtc.com
