Michael L. Browne Resigns from Harleysville National Corporation’s Board of Directors
19 6월 2009 - 5:01AM
Business Wire
Harleysville National Corporation (NASDAQ:HNBC), parent company
of Harleysville National Bank and Trust Company, today announced it
received the resignation of Michael L. Browne, effective
immediately, from the boards of directors of Harleysville National
Corporation and Harleysville National Bank and Trust Company. The
resignation was not the result of a disagreement with the
Corporation on any matter relating to the Company�s operations,
policies or practices.
The Board of Directors thanks Mr. Browne for his service and
contributions to the Corporation and Bank.
About Harleysville
Harleysville National Corporation, with assets of $5.6 billion,
is the holding company for Harleysville National Bank (HNB).
Investment Management and Trust Services are provided through
Millennium Wealth Management and Cornerstone, divisions of HNB,
with assets under management of $2.5 billion. Harleysville National
Corporation stock is traded under the symbol "HNBC" and is commonly
quoted under NASDAQ Global Select Market�. For more information,
visit the Harleysville National Corporation website at
www.hncbank.com.
Safe Harbor
This press release contains 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 risks, uncertainties and
other factors. Such risks, uncertainties and other factors that
could cause actual results and experience to differ include, but
are not limited to, the following: the strategic initiatives may
not be completed on satisfactory terms or at all; increased demand
or prices for the Corporation�s financial services and products may
not occur; changing economic and competitive conditions;
technological developments; the effectiveness of the Corporation�s
business strategy due to changes in current or future market
conditions; effects of deterioration of economic conditions on
customers specifically the effect on loan customers to repay loans;
inability of the Corporation to raise or achieve desired or
required levels of capital; the effects of competition, and of
changes in laws and regulations, including industry consolidation
and development of competing financial products and services;
interest rate movements; relationships with customers and
employees; challenges in establishing and maintaining operations in
new markets; volatilities in the securities markets; and
deteriorating economic conditions and other risks and
uncertainties, including those detailed in the Corporation�s
filings with the Securities and Exchange Commission.
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