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BRYN MAWR, Pa., Aug. 25, 2010 (GLOBE NEWSWIRE) -- Bryn Mawr Bank Corporation (Nasdaq:BMTC), (the "Corporation"), parent of The Bryn Mawr Trust Company (the "Bank"), today announced that it has successfully completed the conversion of First Keystone Financial, Inc. customer accounts to Bryn Mawr Trust's computer systems.
Ted Peters, Chairman and Chief Executive Officer, stated, "Our team has been working very hard to make this a successful conversion with our main goal of seamlessly integrating First Keystone customers into Bryn Mawr Trust. With the system conversion behind us, we are set to focus our complete attention on delivering the finest service and products in the market. "
Mr. Peters added, "Customers now have the added convenience of more branches, with 17 full-service branches in Montgomery, Delaware and Chester Counties. We are now a bigger and stronger community bank and have more resources to serve the community. There are a lot of wonderful opportunities for a strong, stable and secure community bank like Bryn Mawr Trust."
Bryn Mawr Bank Corporation now has approximately $1.7 billion of banking assets and $3.1 billion of wealth assets under management, administration, supervision and brokerage.
This press release contains statements which, to the extent that they are not recitations of historical fact, may constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements may include financial and other projections as well as statements regarding the Corporation's future plans, objectives, performance, revenues, growth, profits, operating expenses or the Corporation's underlying assumptions. The words "may", "would", "should", "could", "will", "likely", "possibly", "expect," "anticipate," "intend", "estimate", "target", "potentially", "probably", "outlook", "predict", "contemplate", "continue", "plan", "forecast", "project" and "believe" or other similar words and phrases may identify forward-looking statements. Persons reading this press release are cautioned that such statements are only predictions, and that the Corporation's actual future results or performance may be materially different.