Charles Reiling III Appointed President and Chief Executive Officer of INATrust.Business Editors PHILADELPHIA--(BUSINESS WIRE)--Jan. 29, 2004 INATrust, fsb, a federally chartered thrift institution Thrift institution An organization formed as a depository for primarily consumer savings. Savings and loan associations and savings banks are thrift institutions. specializing in trust and investment services, today announced that Charles Reiling III has been named President and Chief Executive Officer. Based in Philadelphia, Mr. Reiling will oversee all aspects of INATrust's operations, including business development, relationship management and strategic growth. "Charles' experience and comprehensive knowledge of trust and estate planning Estate Planning The overall planning of a person's wealth, including the preparation of a will and the planning of taxes after the individual's death. Notes: Contrary to popular belief, estate planning involves much more than preparing a will, and it is not only for the and financial planning strategies make him ideally suited to lead INATrust," said Bob Jefferson, Chairman of INATrust's Board of Directors and Chief Financial Officer of ACE INA Ina (ē`nä), city (1990 pop. 60,062), Nagano prefecture, central Honshu, Japan, on the Tenryu River. It is an agricultural and industrial center with a famous agricultural school. . "Charles also shares INATrust's commitment to meeting clients' needs with honesty, integrity and the highest level of personalized service." Most recently, Mr. Reiling was Vice President, Private Client Services, for SunTrust Bank in Baltimore. In this position, he was responsible for developing trust and investment management business with high net-worth clients. Prior to that, Mr. Reiling was Managing Director, Private Banking, for Riggs & Company in Washington, D.C., responsible for advising high net-worth clients on investment and trust services. Mr. Reiling holds a bachelor's degree from La Salle University and a law degree from Widener University. He is admitted to the Maryland Bar and holds the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). Series 7 and 66 licenses and a Life and Health insurance license. In addition, he is a member of the Baltimore Estate Planning Council, the Trust Committee of the Maryland Bankers' Association, and the DelMarVA Planned Giving Council. INATrust is a federally-chartered non-depository savings bank, regulated by the Office of Thrift Supervision The Office of Thrift Supervision (OTS) was established as a bureau of the Treasury Department in August 1989 as part of a major Reorganization Plan of the thrift regulatory structure mandated by the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) (12 U.S.C.A. , and authorized to exercise trust and investment management services for personal and corporate clients with $250,000 or more in investable assets. INATrust belongs to the ACE Group of Companies, headed by ACE Limited (NYSE NYSE See: New York Stock Exchange :ACE). INATrust is a member of the FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). . Additional information about INATrust can be found at www.INATrustfsb.com. |
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