COMMUNITY AND INDUSTRY LEADER MELVIN I. KRUGER TO BECOME DIRECTOR OF FIRST LIBERTY FINANCIAL CORP.
MACON, Ga., May 24 /PRNewswire/ -- First Liberty Financial Corp. (NASDAQ-NMS: FLFC) announced today that Melvin I. Kruger will join its board of directors. Kruger is well known for his many civic endeavors, as well as serving as president and CEO of L.E. Schwartz and Son, Inc. He will replace William M. Lester Jr., who is retiring from First Liberty Bank and the First Liberty Financial Corp. board of directors. Kruger took the reins of L.E. Schwartz and Son, Inc. in 1976. L.E. Schwartz and Son, Inc. is consistently ranked among the top 20 roofing/sheet metal contractors by Engineering News Record. The company, founded in 1910 by Kruger's grandfather, has an employment base of approximately 200. Kruger is equally committed to improving the quality of living for his community, state and country. His civic affiliations have provided a forum to address a number of social and economic issues. He is past president of the Greater Macon Chamber of Commerce, and past chairman of the Georgia Chamber of Commerce. While serving as president of the Georgia Chamber of Commerce he founded the Georgia Partnership for Education. He has served on the Macon Economic Development Commission, is past president of the board of governors of the Grand Opera House and continues to serve on Mercer University's President Council and the board of trustees for Macon College. He is a member of the Macon Rotary Club. Today, Kruger spends a lot of time and energy as co-chair of Macon 2000 Partnership. The primary mission of this cross section of community leaders is quality education for the community. According to Robert F. Hatcher, president and CEO of First Liberty: "We are extremely happy to have Melvin Kruger join our board of directors. He is a resource committed to our communities and the state in all aspects. His proven leadership for local and national interests, as well as heading his own successful firm, will add to the strength of First Liberty." First Liberty Financial Corp. owns First Liberty Bank, which operates 26 banking offices in middle, coastal and south Georgia. Another subsidiary, Liberty Mortgage Corporation, operates throughout Georgia and maintains correspondent relationships in several southeastern states. First Liberty's common stock is quoted through the National Market System of the National Association of Securities Dealers (NASDAQ) under the symbol FLFC, and its convertible preferred stock is quoted under the symbol FLFCP. -0- 5/24/93 /CONTACT: Larry D. Flowers, marketing director of First Liberty Bank, 912-743-0911/ (FLFC)
CO: First Liberty Financial Corp. ST: Georgia IN: FIN SU: PER
BR-BN -- AT007 -- 1817 05/24/93 15:52 EDT
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|Date:||May 24, 1993|
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