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FLEET WILL MOVE ITS BOSTON OFFICES TO 75 STATE STREET

 FLEET WILL MOVE ITS BOSTON OFFICES TO 75 STATE STREET
 BOSTON, April 24 /PRNewswire/ -- Fleet Bank of Massachusetts today reached agreement in principle to move its downtown Boston headquarters to 75 State Street.
 "This announcement marks another significant step in firmly establishing Fleet's commitment to the Commonwealth," said Leo R. Breitman, president and CEO. "Our decision further underscores our dedication to supporting the economic base in Massachusetts."
 Fleet announced its selection after conducting a six-month search. The bank's new offices will occupy approximately 275,000 square feet of space. The move will involve approximately 1,200 employees, and is expected to be completed around the first of the year.
 Fleet Bank of Massachusetts, with 140 branches statewide and $7 billion in assets, is a subsidiary of Fleet Financial Group (NYSE: FLT), a diversified financial services company listed on the New York Stock Exchange. Fleet Financial Group has approximately 1,300 office nationwide. Its lines of business include commercial and consumer banking, mortgage banking, consumer finance, asset-based lending, investment management, and student loan processing.
 -0- 4/24/92
 /CONTACT: Meg Pier, 617-573-7733 or Donna Levy, 617-573-7346 or Thomas L. Lavelle, 617-278-3003 all of Fleet Bank/
 (FLT) CO: Fleet Bank of Massachusetts ST: Massachusetts IN: FIN SU:


DD -- NE014 -- 2670 04/24/92 16:35 EDT
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Publication:PR Newswire
Date:Apr 24, 1992
Words:214
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