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BANCFLORIDA FINANCIAL CORPORATION'S BOARD NAMES GUENZEL PRESIDENT & CEO

BANCFLORIDA FINANCIAL CORPORATION'S BOARD NAMES GUENZEL PRESIDENT & CEO
 NAPLES, Fla., July 30 /PRNewswire/ -- BancFlorida Financial Corporation (NYSE: BFL) (the company), whose principal subsidiary is BancFlorida, a Federal Savings Bank (the bank), announced the promotion of Rudolf P. Guenzel to president and chief executive officer, subject to regulatory approval. Guenzel will continue his responsibilities as president and chief executive officer of the bank, a position he has held since May 1991.
 Mary Ellen Hawkins, chairman of the company's board of directors, stated that Guenzel's promotion will streamline the day-to-day executive management responsibilities of both the company and the bank.
 Guenzel's banking experience spans over 28 years including executive management positions with Chemical Bank and European American Bank, both headquartered in New York City.
 Guenzel stated "the bank will continue to focus its efforts and resources on the improvement of classified assets. We have developed individual strategies for each troubled asset in our commercial loan portfolio, and we are making progress in improving the quality of our loan portfolio."
 BancFlorida Financial Corporation, a New York Stock Exchange Company, had total assets of $1.5 billion and a book value per common share of $11.69 at June 30, 1992. The company has outstanding 3,533,765 shares of common stock and 1,138,000 of cumulative convertible preferred stock.
 -0- 7/30/92
 /CONTACT: J. Michael Holmes of BancFlorida Financial Corporation, 813-597-1611/
 (BFL) CO: BancFlorida Financial Corporation ST: Florida IN: FIN SU:


JB-SS -- FL009 -- 5290 07/30/92 16:44 EDT
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Publication:PR Newswire
Date:Jul 30, 1992
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