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GARNER TO STEP DOWN AS CEO OF FULTON FINANCIAL

 GARNER TO STEP DOWN AS CEO OF FULTON FINANCIAL
 LANCASTER, Pa., June 16 /PRNewswire/ -- Robert D. Garner will step


down as chief executive officer of Fulton Financial Corp. (NASDAQ: FULT) at year-end.
 He will continue as chairman of the board of the $2 billion bank holding company. Garner has been Fulton Financial's CEO since 1982.
 Fulton Financial's board of directors has named Rufus A. Fulton Jr., who has been president of the corporation since 1987, as Garner's successor.
 Commenting on his decision to relinquish his CEO duties, Garner said, "With banking entering a new era of change and opportunity, it is an appropriate time for me to step down from the daily responsibilities of management after more than 40 years in banking.
 "Under Rufus Fulton, the organization will continue to be guided by an experienced management team which helped develop and execute the policies and practices which have made Fulton Financial one of the more successful banking institutions in the country."
 Under Garner's leadership, Fulton Financial has grown from a $545 million institution with 22 offices in three counties, to a $2 billion holding company whose six banking affiliates operate 68 offices in 10 Pennsylvania counties. Fulton Financial earned $24.9 million in 1991 and was recently recognized as one of the 60 most profitable banks in the country by United States Banker, a leading industry magazine.
 Fulton has spent his entire banking career with the Fulton organization, having joined Fulton Bank in 1966. He was named executive vice president of Fulton Financial in 1983 and president in 1987.
 Fulton Financial's six banking affiliates are Fulton Bank, Farmers Trust Bank, Swineford National Bank, Lafayette Bank, First National Bank of Danville and Great Valley Savings Bank.
 /delval/
 -0- 6/16/92
 /CONTACT: Earl A. Popp of Fulton Financial Corp., 717-291-2616/
 (FULT) CO: Fulton Financial Corporation ST: Pennsylvania IN: FIN SU: PER


MP-MK -- PH013 -- 0579 06/16/92 10:29 EDT
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Publication:PR Newswire
Date:Jun 16, 1992
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