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BANK OF SANTA CLARA SELECTS CORELINK FINANCIAL, INC., TO PROVIDE MUTUAL FUNDS AND ANNUITIES FOR ITS CUSTOMERS

 CONCORD, Calif., Aug. 19 /PRNewswire/ -- CoreLink Financial, Inc., has been selected by Bank of Santa Clara to provide mutual funds and annuities to the bank's customers, it was announced by Roger M. Loar, president of CoreLink Resources, Inc.
 CoreLink Financial, based in Concord, is the broker-dealer subsidiary of CoreLink Resources. CoreLink, formerly called Corebank, provides investment services, including mutual funds and annuities, to community banks.
 The new Bank of Santa Clara program, Camino Real Investment Services, will give customers the opportunity to invest in a variety of quality mutual funds and annuities, and to receive reports of all their investments consolidated on one statement.
 "We are very pleased that Bank of Santa Clara, the county's oldest independent bank, has chosen CoreLink's program to provide a broad range of investment products to their customers," said Loar. "With one of the most experienced management teams in the industry, CoreLink looks forward to working closely with the bank as they offer a valuable new service."
 Ronald D. Reinartz, vice chairman and chief executive officer of Santa Clara Bank, said: "We serve our customers and our community by meeting their financial needs and providing quality investment products is an important service we can offer. CoreLink will be a valuable resource in this endeavor by supplying the experienced professional staff and strong investment products needed to make our new program a success."
 Bank of Santa Clara was founded in 1973. Today, it has eight offices in the Santa Clara-San Jose area and has over $194 million in assets.
 New York-based Concord Holding Corporation, the largest administrator of bank-related mutual funds with more than $30 billion in mutual fund assets under administration, is the majority investor in CoreLink.
 -0- 8/19/93
 /CONTACT: Laura Berger or Stan Appenzeller of Arlen Financial Communications, 212-966-5100/


CO: CoreLink Financial, Inc.; Bank of Santa Clara ST: California IN: FIN SU:

WB-OS -- NY044 -- 4349 08/19/93 13:13 EDT
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Publication:PR Newswire
Date:Aug 19, 1993
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