PRIMEVEST Signs Trio of Financial Institutions; Renews With The Harleysville National Bank and Trust Company

PRNewswire
ST. CLOUD, Minn.
Jul 7, 2009

PRIMEVEST Financial Services, a leader among broker-dealers serving financial institutions exclusively, announced today that it has recently signed three financial institutions to full-service brokerage agreements. The trio includes Iowa Falls State Bank (Iowa Falls, Iowa), Katahdin Trust Company (Presque Isle, Maine) and Wilshire State Bank (Los Angeles, Calif.). Also, The Harleysville National Bank and Trust Company (Harleysville, Pa.) agreed on a five-year contract renewal with PRIMEVEST, extending a relationship that began in 2005.

"It's always exciting to welcome new financial institutions into the PRIMEVEST family and continue the strong relationships we've built with our existing clients," said PRIMEVEST President and CEO Catherine Bonneau. "Now more than ever, we're looking forward to helping them serve their clients."

Iowa Falls State Bank is launching a start-up investment program which will feature PRIMEVEST's Joel Carter as program manager and lead financial professional.

Katahdin Trust Company, with $465 million in assets, has moved to PRIMEVEST from another broker-dealer. Katahdin will privately label PRIMEVEST's investment program as Katahdin Financial Services. Brad Berthiaume, formerly of Bancnorth Investment Group, will serve as program manager and lead financial professional.

Wilshire State Bank, with $2.6 billion in assets, will privately label PRIMEVEST's investment program under the Wilshire State Wealth Management moniker. James Yoo, formerly of Saehan Bank, will serve as the program manager and lead financial professional.

The Harleysville National Bank and Trust Company, with nearly $5.6 billion in assets, features PRIMEVEST's Robert Celli as program manager.

About PRIMEVEST

PRIMEVEST Financial Services is a self-clearing broker-dealer serving the clients of nearly 600 financial institutions in 50 states and Guam. 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 the Chicago 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). PRIMEVEST is not affiliated with the financial institutions where investment services are offered.

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, investments, life insurance and retirement services to over 85 million private, corporate and institutional clients in more than 40 countries. With a diverse workforce of about 115,000 people, ING is dedicated to setting the standard in helping our clients manage their financial future.

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, institutional investment management, annuities, employee benefits, financial planning, and reinsurance. ING holds top-tier rankings in key U.S. markets and serves over 29 million customers across the nation. For more information, visit www.ing.com.

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SOURCE: PRIMEVEST Financial Services

CONTACT: Jayson Hron of PRIMEVEST, 1-800-245-0467, ext. 64506,
Jayson.Hron@us.ing.com

Web Site: http://www.ing.com/