ADVISORY/Six Community Organizations to be Honored for Leadership in Urban Economic Development.Business Editors ADVISORY...for Wednesday (April 5) --(BUSINESS WIRE)
EVENT: SIX COMMUNITY ORGANIZATIONS TO BE HONORED FOR LEADERSHIP IN
URBAN ECONOMIC DEVELOPMENT; Awards Announced at 10TH
Anniversary of First Community Bank
DATE: Wednesday, April 5, 2000
TIME: 12:15 pm Luncheon and Slideshow
1 pm Award Presentation/Anniversary Message
LOCATION: Boston Seaport Hotel
164 Northern Avenue
Seaport Ballroom
Boston, Massachusetts
617-385-4000
CONTACT: Bruce Spitzer
617-434-8251
Six of the region's most effective community organizations and individuals who have demonstrated outstanding leadership in urban economic development will be honored hon·or n. 1. High respect, as that shown for special merit; esteem: the honor shown to a Nobel laureate. 2. a. Good name; reputation. b. at the 10th anniversary celebration of First Community Bank, one of the most ambitious urban banking initiatives in the country. The recipients, who work in the public sector, private business and community organizations, will be announced during the event on Wednesday, April 5 at the Boston Seaport Hotel. The anniversary celebration marks a decade of success for First Community Bank, the FleetBoston Financial FleetBoston Financial was a Boston, Massachusetts-based bank created in 1999 by the merger of Fleet Financial Group and BankBoston. In 2004 it merged with Bank of America; all of its banks and branches were given the Bank of America logo. unit nationally recognized as a model for serving the urban marketplace. Created in 1989 as a "bank within a bank," First Community Bank was designed to serve neglected inner-city neighborhoods. First Community Bank has since expanded from seven branches to 47 and serves 140,000 households in Massachusetts Massachusetts (măsəch  `sĭts), most populous of the New England states of the NE United States. , Rhode Island Rhode Island, island, United StatesRhode Island, island, 15 mi (24 km) long and 5 mi (8 km) wide, S R.I., at the entrance to Narragansett Bay. It is the largest island in the state, with steep cliffs and excellent beaches. and Connecticut Connecticut, state, United States Connecticut (kənĕt`ĭkət), southernmost of the New England states of the NE United States. It is bordered by Massachusetts (N), Rhode Island (E), Long Island Sound (S), and New York (W). . (First Community Bank is now part of FleetBoston Financial, which was created last year with the merger of BankBoston and Fleet Financial Group.) In addition to the awards presentation, Robert Higgins, president of FleetBoston's Commercial and Retail Banking Groups, and Gail Snowden, head of FleetBoston's Community Banking Group and CRA See Community Reinvestment Act. , will discuss the role of First Community Bank in supporting urban economic revitalization re·vi·tal·ize tr.v. re·vi·tal·ized, re·vi·tal·iz·ing, re·vi·tal·iz·es To impart new life or vigor to: plans to revitalize inner-city neighborhoods; tried to revitalize a flagging economy. over the past 10 years and going forward. |
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