Fleet Bank Launches New Retail Initiative: Business Solutions Centers.BOSTON--(BUSINESS WIRE)--Feb. 19, 1998-- More Than 300 Offices To Provide Specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. In-branch Small Business Services Fleet Financial Group today announced the corporate-wide introduction of a new in-branch initiative called Business Solutions Centers, created to provide dedicated small business banking services in more than 300 branch locations -- or approximately ap·prox·i·mate adj. 1. Almost exact or correct: the approximate time of the accident. 2. 25% of its branch franchise -- beginning February February: see month. 28, 1998 (please see attachment See attach a file. for locations). "Over 600 specially trained employees will serve our small business customers in approximately 350 of our 1,200 branch locations throughout our franchise. This is a unique undertaking that underscores our focused commitment to the small business sector," said Robert Robert, Henry Martyn 1837-1923. American army engineer and parliamentary authority. He designed the defenses for Washington, D.C., during the Civil War and later wrote Robert's Rules of Order (1876). Noun 1. J. Higgins Higgins may refer to: People with the surname Higgins:
The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Fleet Financial Group. Fleet announced the concept today at ribbon-cutting events held at its Empire State Branch in Manhattan Manhattan, indigenous people of North America Manhattan (mănhăt`ən), indigenous people of North America of the Algonquian-Wakashan linguistic stock (see Native American languages). and its One Gateway Center Branch in Newark Newark, cities, United States Newark. 1 City (1990 pop. 37,861), Alameda co., W Calif., on the east side of San Francisco Bay; inc. 1955. . Business Solutions Centers go on-line effective immediately at 200 locations. The remaining Centers will be operable operable /op·er·a·ble/ (op´er-ah-b'l) subject to being operated upon with a reasonable degree of safety; appropriate for surgical removal. op·er·a·ble adj. by month-end. Fleet will invest more than $5 million in the first year to provide staff training, develop special in-branch merchandising merchandising Element of marketing concerned especially with the sale of goods and services to customers. One aspect of merchandising is advertising, which aims to capture the interest of the segment of the population most likely to buy the product. materials, and support the initiative with media advertising. "We're we're Contraction of we are. we're we are transforming a major part of our powerful branch distribution system to deliver an even better service experience and better solutions to small businesses and entrepreneurs. Fleet's goal is to provide unparalleled access, convenience and service to the millions of small businesses in the Northeast “Northeastern” redirects here. For the Boston college, see Northeastern University, Boston. Northeast or north east is the ordinal direction halfway between north and east. It is the opposite of southwest. See boxing the compass. ," said Norman Norman, city (1990 pop. 80,071), seat of Cleveland co., central Okla.; inc. 1891. It is the center of a livestock region. Oil wells, food processing, and printing and publishing contribute to the economy, and there is diverse manufacturing (machinery, communication J. DeLuca, Managing Director of Fleet's Business and Entrepreneurial en·tre·pre·neur n. A person who organizes, operates, and assumes the risk for a business venture. [French, from Old French, from entreprendre, to undertake; see enterprise. Services Group. Fleet currently serves over 400,000 small business customers throughout its 7-state franchise, from New Jersey to Maine Maine, ship Maine, U.S. battleship destroyed (Feb. 15, 1898) in Havana harbor by an explosion that killed 260 men. The incident helped precipitate the Spanish-American War (Apr., 1898). Commanded by Capt. Charles Sigsbee, the ship had been sent (Jan. . Fleet is the largest small business lender LENDER, contracts. He from whom a thing is borrowed. 2. The contract of loan confers rights, and imposes duties on the lender. 1. The lender has the right to revoke the loan at his mere pleasure; 9 Cowen, R. 687; 8 Johns. Rep. 432; 1 T. R. 480; 2 Campb. Rep. in the Northeast, with $4 billion in current loan outstandings. It is the sixth largest small business lender nationwide, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. data reported last February by American Banker American Banker is a daily newspaper covering the financial services industry. Founded in 1835 and based in New York, American Banker's 70 reporters and editors in six cities monitor developments and breaking news affecting banks. for banks making commercial and industrial loans of less than $1 million. Fleet Bank was also recently named the U.S. Small Business Administration's leading small business lender in New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. , based on the total number of loans originated during the SBA's fiscal year ended September September: see month. 30, 1997. Over 3,767 SBA SBA abbr. Small Business Administration Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government loans were originated, with an aggregate value of $675 million, in the New England region. Each Business Solutions Center will be managed by a specially trained branch manager and small business specialist to help process loan applications, open new accounts, and answer general inquiries for small business customers. The small business specialist is a newly created position that has been added to the branch system. In total, 300 small business specialists will be located throughout the franchise. Dedicated tellers will also be trained to help expedite ex·pe·dite tr.v. ex·pe·dit·ed, ex·pe·dit·ing, ex·pe·dites 1. To speed up the progress of; accelerate. 2. business deposits, transfers, and other transactions. Additionally, each Business Solutions Center will have a special array of merchandise MERCHANDISE. By this term is understood all those things which merchants sell either wholesale or retail, as dry goods, hardware, groceries, drugs, &c. It is usually applied to personal chattels only, and to those which are not required for food or immediate support, but such as remain and product information, targeting small businesses and entrepreneurs. Fleet's Easy Business Package for small businesses includes a combination of convenient products and services designed to anticipate the daily needs of small businesses, including: -- Checking and Money Market Saving accounts -- Overdraft A check that is drawn on an account containing less money than the amount stated on the check. The term overdraft is also used in reference to the condition that exists when vouchers Protection -- a SELECT cash and check debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. -- Business Telephone Banking, and -- the Easy Business Combined Monthly Statement Also included in Fleet's comprehensive Easy Business Package are the following innovative products and services: -- Easy Business(R) Credit: a simplified sim·pli·fy tr.v. sim·pli·fied, sim·pli·fy·ing, sim·pli·fies To make simple or simpler, as: a. To reduce in complexity or extent. b. To reduce to fundamental parts. c. , streamlined loan program that guarantees a response to loan applications within three business days. -- Fleet PC Banking for Business(SM): a powerful, PC-based way to reconcile accounts, download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. transactions to popular business accounting software, transfer funds, make loan advances and payments, and generate customized reports. -- 1-800-PARTNER: phone access to small business specialists or automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. banking services. -- Fleet AM Fax(R) : a daily, early-morning update of the previous day's transactions, by facsimile or e-mail, for precise cash flow analysis. -- Interpay(R) Payroll payroll a list of employees, their salary rates, tax deductions, amounts paid, payroll tax, long service leave entitlements. Service: a payroll and electronic tax-filing and payment service. -- Fleet T-Tax: a simple touch-tone The common system for pressing a button and entering a telephone number into a telephone. The first such phones were installed in two Pennsylvania towns in the early 1960s. See DTMF. phone payment system for tax payments. -- Cash Management: service designed to help collect, invest, and disburse dis·burse tr.v. dis·bursed, dis·burs·ing, dis·burs·es To pay out, as from a fund; expend. See Synonyms at spend. [Obsolete French desbourser, from Old French desborser funds more efficiently. Nationwide there are approximately 5.5 million small businesses with annual revenues of less than $10 million, representing more than 95% of all U.S. firms, 53% of the American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of workforce, and 40% of the U.S. gross domestic product. Fleet's Business and Entrepreneurial Services Group targets growth-oriented or growing companies with annual revenues of $10 million or less, and annual credit needs of up to $1 million. Fleet Financial Group, headquartered in Boston Boston, town, England Boston, town (1991 pop. 26,495), E central England, on the Witham River. Boston's fame as a port dates from the 13th cent., when it was a Hanseatic port trading wool and wine. Having recovered from a decline in the 18th and 19th cent. , is an $85.5 billion diversified financial The diversified financial services segment includes a range of consumer and commercially-oriented companies offering a wide variety of products and services, including various lending products (such as home equity loans and credit cards), insurance, and securities and investment services company listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. (NYSE NYSE See: New York Stock Exchange :FLT FLT Fault FLT Flight FLT Flat FLT Filter FLT Fleet FLT Fermat's Last Theorem FLT Fairlight (software cracking group) FLT Float/Floating FLT Fairfield Language Technologies FLT Fork Lift Truck FLT First Lieutenant ). The nation's sixth largest commercial lender Whilst nearly all lenders offer loans on a commercial basis the term commercial lender has differed meanings around the world.
A business loan secured by collateral (assets). The loan, or line of credit, is secured by inventory, accounts receivable and/or other balance-sheet assets. Also known as "commercial finance" or "asset-based financing". . Fleet also provides investment management services for both individuals and institutional clients and currently has $75 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. . With more than 1,200 branches and over 2,400 ATMs, Fleet also provides 24-hour telephone banking as well as electronic banking services through the Fleet PC Banking Center. -0- Connecticut: City Address Avon 255 West Main St Bloomfield 836 Park Ave Branford 1081 West Main St Bridgeport 850 Main St Bristol 53 North St Bristol 1232 Farmington Ave Brookfield 100 Federal Rd Cheshire 28 South Main St Danbury 343 Main St Danbury 26 Mill Plain Rd Darien 1120 Post Rd East Hartford 805 Main St Enfield 900 Enfield St Fairfield 1320 King Highway Cutoff Fairfield 2150 Black Rock Turnpike Fairfield 1366 Post Road Farmington 781 Farmington Ave Glastonbury 211 New London Tpk Granby 25 East Granby Rd Greenwich 240 Greenwich Ave Groton 738 Long Hill Rd Hamden 1699 Whitney Ave Hartford 185 Asylum Ave Hartford 70 Farmington Ave Hartford 777 Main St Hartford 147 Washington St Manchester 893 Main St Meriden 400 East Main St Middletown 267 Main St New Britain 235 Main St New Canaan 94 Elm St New Haven 157 Church St New London 250 Captains Walk Newington 1220 Main St Newtown 6 Queen St North Haven 35 Washington Ave Norwalk 220 Main Ave Norwalk 605 West Ave Norwalk 50 North Main St Norwich 590 West Main St Norwichtown 71 Town St Orange 445 Boston Post Rd Putnam 211 Kennedy Dr Ridgefield 90 Danbury Rd Rocky Hill 10 Cold Spring Rd Shelton One Trap Falls Rd Simsbury 740 Hopemeadow St South Windsor 1033 John Fitch Blvd Stamford 14 High Ridge & Long Ridge Stamford 1070 High Ridge Rd Stamford One Atlantic St. Stamford 383 West Main St Stratford 2944 Main St Torrington 112 South Main St Wallingford 100 Center St Waterford 68 Boston Post Rd West Hartford 2523 Albany Ave West Hartford 1161 New Britain Ave West Hartford 4 North Main St Westport 980 East Post Rd Westport 126 Post Rd Wethersfield 600 Silas Deane Hwy Willimantic 779 Main St Winsted 44 Elm St Maine: City Address Bangor 80 Exchange St Lewiston 35 Ash St Portland One City Ctr South Portland Mill Creek Shop Ctr, 50 Market St Waterville 33 Main St Massachusetts: City Address Acton 307 Main St Amherst 1 South Pleasant St Andover 68 Main St Auburn 376 Southbridge St Ayer One Park St Bedford 94 Great Road Billerica 508 Boston Rd Boston 3134 Washington St Boston One Beacon St Boston 125 Summer St Boston 125 Causeway St Boston One Federal Street Boston 231 Northern Ave Boston 61 Harrison Ave Boston 61 Arlington St Boston Prudential Ctr Boston 75 State St Braintree 1 Rockdale St Bridgewater 20 Central Square Brighton 30 Birmingham Pkwy Brighton 415 Market St Brockton 34 School St Brockton 1327 Belmont St Brookline 1 Harvard St Brookline 1341 Beacon St Cambridge 515 Mass Ave Canton 39 Washington St Charlestown 437 Rutherford Ave Chelmsford 44 Central Square Chelmsford 20 Drum Hill Road Chelsea 148 Everett Ave Chestnut Hill 1228 Boylston St Dedham 339 Washington St Dorchester 572 Freeport St Dracut 1985 Lakeview Ave Falmouth 249 Worcester Ct Framingham 39 Edgell Rd Framingham 5 Whittier St Gloucester 154 Main St Haverhill 340 Main St Holliston 818 Washington St Hyannis 442 Main St Lawrence 238 Essex St Leominster 11 Park St Lexington 1822 Mass Ave Lowell 489 Merrimack St Lowell 170 Merrimack St Manchester 17 Union St Marlboro 181 Main St Needham 695 Highland Ave New Bedford 174 Union St Newburyport 45 Storey Ave, Port Plaza Newton 780 Beacon St North Andover 149 Main St North Attleboro 40 North Washington St Norwell 80 Washington St Norwood 153 Nahatan St Peabody Route 114 & 128 Peabody 300 Andover St Pembroke North River Plaza Plainville 62 Messenger St Plymouth 4 North St Quincy 1150 Hancock St Randolph 35 Memorial Pkwy Revere 330 Broadway Salem 253 Essex St South Boston 474 West Broadway South Weymouth 51 Pleasant St Springfield 1 Monarch Place Sudbury 505 Boston Post Rd Swampscott 495 Paradise Rd Waltham One Moody St Wareham 242 Main St Watertown 75 Main St Wellesley 277 Linden St West Springfield 85 Elm St Westboro 70 East Main St Westford 160 Littleton Rd Woburn 19 Pleasant St Worcester 51 Gold Star Blvd Worcester 446 Main St New Hampshire: City Address Bedford 46 South River Rd Concord 30 Storrs St Derry 20 East Broadway Dover 180 Washington St Exeter 60 Portsmouth Ave Hampton 264 Lafayette Rd Hanover 63 South Main St Hudson 15 Ferry St Keene 20 Central Square Laconia 400 South Main St Londonderry Routes 102 & 128 Manchester 135 Daniel Webster Hwy Manchester 620 Elm St Merrimack Route 3 Nashua 488 Amherst Nashua 13 Northeastern Blvd Nashua 223 Main St Portsmouth 848 Islington St Salem 125 Main St New Jersey: City Address Bayonne 701 Broadway Bergenfield 35 So. Washington Avenue Carlstadt Washington Ave. & Veterans Blvd. Clinton 50 Route 173 Denville 125 East Main Street East Brunswick 639 Route 18 Edison 250 Talmadge Road Englishtown 80 Route 9 North Farmingdale 64 West Main Street Fort Lee 154 Main Street Fort Lee 154-56 Linwood Avenue Freehold 3670 Route 9 South Freehold 510 West Main Street Glen Rock 208 Harristown Road Hackensack 25 Main St., Court Plaza North Hawthorne 364 LaFayette Avenue Hillsdale 84 Park Avenue Iselin US Route 1 & Gill Lane Jersey City One Exchange Place Lakewood 129 Clifton Avenue Livingston 554 South Livingston Avenue Livingston 92 South Livingston Avenue Manville 69 South Main Street Matawan 168-170 Main Street Milltown 100 Ryders Lane Morristown 60-A South Street Mountainside 855 Mountain Avenue Newark 70 Adams Street Newark One Gateway Center North Brunswick 575 Milltown Road Paramus 425 Forest Avenue Piscataway 480 Hoes Lane Piscataway 1280 Centennial Avenue Princetown Junction 47 Hightstown Road Ramsey 76 East Main Street Ridgefield Park 263 Main Street Ridgewood 54 East Ridgewood Avenue Roselle 105 East Fourth Avenue Somerset 1229 Route 27 Succsaunna 285-1 Route 10 Teaneck 819 Teaneck Road Waldwick Wyckoff Ave. & Walter Hammond Pl. Warren 59 Mountain Blvd. Wayne 400 Hamburg Turnpike West Caldwell 744 Bloomfield Avenue West New York 6050 Bergenline Avenue Westfield 177 East Broad Street Woodcliff Lake 585 Chestnut Ridge Road Wyckoff 661 Wyckoff Avenue New York - Downstate City Address Baldwin Harbor 792 Atlantic Avenue Bronx 329 A East 149th St Bronx 65 Metropolitan Oval Bronx 2198 White Plains Road Bronx 3508 Johnson Avenue Brooklyn 6901 Fifth Avenue Brooklyn 465 Kings Highway Brooklyn 47 Graham Avenue Brooklyn 205 Montague Street Central Islip 185 Wheeler Road College Point 14-15 College Point Blvd. Commack 41 Veterans Memorial Highway Deer Park 1979 Deer Park Avenue East Islip 345 East Main St East Meadow 1560 Front St East Rockaway 40 Main Street Farmingdale 96A Allen Blvd Flushing 141-61 Northern Blvd. Forest Hills 99-01 Queens Blvd. Freeport 189 West Merrick Road Garden City 1035 Stewart Avenue Glen Cove 9-13 Glen St Great Neck 10 Middle Neck Road Hauppauge 190 Vanderbilt Motor Parkway Hewlett 1286 West Broadway Hicksville 20 Jerusalem Avenue Holbrook 4400 Veterans Memorial Highway Huntington 250 Main Street Huntington Station 101 Walt Whitman Road Jamaica 89-05 165th Street Jericho 479 Jericho-Hicksville Road Lawrence 400 Central Avenue Long Beach 52 East Park Avenue Long Island City 25-25 44th Drive Lynbrook 300 Merrick Road Malverne 269 Hempstead Avenue Manhasset 240 Plandome road Melville 300 Broad Hollow Rd Melville 600 Broadhollow Road Mineola 170 Old Country Road Mineola Jericho Tpke. & Mineola Blvd. Mount Kisco South Bedford Road New Hyde Park 645 Jericho Turnpike New Hyde Park 1600 Hillside Avenue New York 56 East 42nd St New York 592 Fifth Avenue New York 318 Grand Street New York 528 Broadway New York 116 Fifth Avenue New York 150 Broadway New York 515 Seventh Avenue New York 72 Second Avenue New York 50 Bayard Street New York 345 Park Avenue New York 350 Fifth Avenue New York 1675 Broadway (52nd Street) New York 260 Canal Street New York 126 Delancey St New York 100 Church St New York 1140 Avenue of the Americas Oyster Bay 157 South St Patchoque 47 West Main Street Plainview 565 South Oyster Bay road Port Chester 433 Boston Post Road Port Jefferson Station 911 Route 112 Port Washington 79 Main Street Ridgewood 59-01 Myrtle Avenue Rockville Centre 152 North Village Avenue Rosedale 241-42 South Conduit Blvd. Scarsdale 1070 Wilmot Road Selden 949 Middle Country Road South Farmingdale 3 Northwest Drive Springfield Gardens 216-02 Merrick Blvd. Staten Island 1785 Victory Blvd. Syosset 18 Jackson Avenue Tarrytown 505 White Plains Road Wantagh 3330 Park Avenue West Hempstead 60 Hempstead Avenue West Islip 540 Montauk Hwy Westbury 248 Post Avenue White Plains 230 Main Street Yonkers 20 South Broadway Yonkers 928 McLean Avenue Yonkers 1591 Central Park Avenue Yonkers 2-4 Xavier Drive New York - Upstate City Address Albany 69 State St Auburn 120 Genesee St Batavia 100 Main Street Clifton Park Clifton County Mall East Aurora 670 Main Street Fairport 58 South Main St Glens Falls 60 Quaker Rd Kingston 635 Broadway Latham 804-36 New Loudon Rd New Hartford 50 Genesee St Newburgh 1116 Union Ave Newburgh 385 Broadway Rochester 1381 East Ridge Road Rochester 3333 West Henrietta Rd Rotterdam 345 Princetown Rd Schenectady 500 State Street Syracuse 2334 James St Syracuse 1 Clinton Square Tonawanda 1188 Niagara Falls Blvd Troy 59 Third St Utica 268 Genesee St West Seneca 4049 Seneca St Williamsville 7864 Transit Rd Williamsville 5529 Main St Woodstock Bradley Meadows Shop Ctr Rhode Island: City Address Bristol 601 Hope St Cranston 201 HIllside Rd Cranston 196 Atwood Ave East Providence 218 Taunton Ave Greenville 440 Putnam Pike Johnston 1491 Atwood Ave Newport 181 Bellevue Ave North Kingston 6725 Post Rd North Providence 1625 Mineral Spring Ave Pawtucket 1455 Newport Ave Pawtucket 210 Main St Providence 215 Atwells Ave Providence 111 Westminster St Wakefield 4 Towerhill Rd Warwick 3033 Post Road Warwick 50 West Shore Rd Woonsocket 25 Cummings Way -0- CONTACT: Fleet Bank Tim Connolly Tim Connolly (born May 7, 1981 in Baldwinsville, New York) is an American ice hockey player in the NHL with the Buffalo Sabres Connolly played for the Erie Otters of the Ontario Hockey League prior to 1999. Ph: 212-703-1966 Pgr: 201-413-7069 |
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