FleetBoston Financial Names Members of Community Oversight Committee.Business Editors BOSTON--(BUSINESS WIRE)--Feb. 1, 2000 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. today announced the members of its Community Oversight
Oversight may refer to:
The 20-member oversight board includes a wide spectrum of community leaders from cities and towns throughout FleetBoston Financial's geographic footprint. &uot;We are very pleased to have Gail, who has a proven track record and a deep commitment to community development, lead our Oversight Committee,&uot; said Terrence Murray, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , FleetBoston Financial. &uot;Fleet recognizes that community development lending and investing are critical components in building and revitalizing 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. neighborhoods. This outstanding group will help us further our efforts in the field of community investment.&uot; &uot;We believe that the broad experience and expertise of the members appointed to this board will enable us to receive valuable advice, service and solutions to better meet the needs of our communities,&uot; said Snowden. &uot;Fleet is the leading bank in the region and the $14.6 billion is the largest CRA commitment ever from a Boston bank,&uot; said Thomas Callahan, executive director, Massachusetts Affordable Housing Alliance (MAHA). &uot;I am pleased to join other community partners in an advisory role. We believe it is critical to continue the dialogue on the implementation and oversight of this important commitment for low and moderate income neighborhoods in Massachusetts and beyond. &uot; The members of the Oversight Committee are as follows: Massachusetts Thomas Callahan Executive Director Massachusetts Affordable Housing Alliance Dorchester, MA Clayton Turnbull President Waldwin Group Inc. Dorchester, MA Peter Gagliardi Executive Director Hampden Hampshire Housing Partnership Springfield, MA Francisco J. Carvalho Executive Director Coalition for a Better Acre Lowell, MA New Hampshire Felix M. Torres Executive Director Manchester Neighborhood Housing Services Manchester, NH Maine Charles R. Newton Executive Director Penquis C.A.P. Inc. Bangor, ME Rhode Island Barbara Fields Karlin Senior Program Director Local Initiative Support Collaborative (LISC) Providence, RI Connecticut Fernando Betancourt Asencio Executive Director Latino and Puerto Rican Affairs Commission Hartford, CT Barbara McGrath Assistant Director Connecticut Urban Legal Initiative, Inc. University of Connecticut School of Law Hartford, CT Ann G. Taylor Weatogue, CT Evan Dobelle President Trinity College Hartford, CT New York City Metropolitan Region/New Jersey Dr. Francine Justa Executive Director Neighborhood Services of New York City (NHS) New York, NY Greg Williams President GW Enterprises Trenton, NJ Jacqueline Huey President of the Board of Directors Asian Americans for Equality New York, NY Frances Blanco Executive Director Mercer County Hispanic Association Trenton, NJ Upstate New York Reverend Ronald B. Dewberry Pastor Bethany Baptist Church Syracuse, NY Lee Beaulac Senior Vice President Rural Opportunities, Inc. Rochester, NY Victoria Hurewitz Statewide Emergency Network for Social &Economic Security (SENSES) Albany, NY National Paul S. Grogan Government, Community and Public Affairs Harvard University Cambridge, MA Fleet Gail Snowden Managing Director Community Banking Group and CRA Boston, MA FleetBoston Financial is the eighth-largest bank holding company in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . A $190 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, it offers a comprehensive array of innovative financial solutions to 20 million customers in some 20 countries. Among the company's key lines of business are: retail banking, with over 1,500 branches in the Northeast; commercial banking, including capital markets/investment banking and commercial finance; investment services, including discount brokerage A discount brokerage is a business that charges clients significantly lower fees than traditional brokerages, typically offering comparatively fewer services and/or advice. ; and full-service banking through more than 250 offices in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . FleetBoston Financial is headquartered in Boston and 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 :FBF FBF Forearm Blood Flow FBF Frankfurt Book Fair FBF Feedback Form FBF Frame by Frame (animation technique) FBF FleetBoston Financial Corporation (stock symbol) FBF Fundamental Baptist Fellowship ). |
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