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SOCIETY CORPORATION RECEIVES PRESTIGIOUS EVE AWARD FROM U.S. DEPARTMENT OF LABOR

 SOCIETY CORPORATION RECEIVES PRESTIGIOUS EVE AWARD
 FROM U.S. DEPARTMENT OF LABOR
 CLEVELAND, Sept. 21 /PRNewswire/ -- Society Corporation (NYSE: SCY) has received the U.S. Department of Labor's 1992 Exemplary Voluntary Efforts (EVE) Award, one of the Labor Department's highest honors.
 Society, the first bank holding company in the Midwest to win the EVE Award, joins 12 other corporations who received the award at a ceremony Sept. 17 at the Department of Labor in Washington, D.C. To be considered for the award, companies must demonstrate their commitment to providing employment opportunities through affirmative action programs with measurable results. Companies nominated for the award must also successfully complete a compliance review. Society is the second Ohio company to receive an EVE Award in the nine years of its existence. Procter & Gamble was the first Ohio company to win the award in 1989.
 The Department of Labor indicated that Society received its EVE for multi-faceted programs directed at recruiting and advancing minorities and women into upper levels of corporate management. Society has more than 60 employee and affirmative action programs designed to enhance the recruitment, retention and employee development of females and minorities, employee job support programs and community relations.
 Robert W. Gillespie, chairman and chief executive officer at Society, praised the efforts of Janet L. Bullard, senior vice president of Society's Multicultural Affairs Division, which oversees Society's efforts to foster the advancement of women, minorities and the disabled. For more than a decade, Society has developed programs aimed at enabling minority males to adjust to banking life and ensuring that minorities and women are included in its Management Career Path Program. Since 1980, minority officers and managers at Society have grown from 5.4 percent to 6.8 percent, and female officers and managers have risen from 19.5 percent of the workforce to 42.3 percent. Additionally, Society has increased its use of minority- and female-owned business 182 percent over its 1987 totals.
 In accepting the award, Gillespie said, "Corporate leaders have a responsibility to foster an environment where people from diverse backgrounds can work together and contribute to the company and the community. Society Corporation is proud of the programs it has adopted and the progress it has made in breaking down the barriers of race and gender in employment and advancement policies."
 The Department of Labor's Office of Federal Contract Compliance Program launched the EVE Awards in 1983 as a way to publicly recognize federal contractors and subcontractors who create programs to successfully increase employment opportunities for women, minorities, the disabled and Vietnam-era veterans.
 Other recipients of the 1992 EVE awards include Bechtel/Parsons Brinkerhoff; Glaxo, Inc.; Hoechst Celanese Chemical Group; Lawrence Livermore National Laboratories; McNeil Pharmaceutical Company; Motorola, Inc.; Pfizer, Inc.; Saturn Corporation; Walsh Construction Company; Wisconsin Gas Company; United Technologies Corporation; and Region III Industry Liaison Group. The Department of Labor also bestowed its Secretary's 2000 Award to Westinghouse Electric Corporation.
 As of June 30, 1992, Society Corporation had more than $23 billion in assets, $1.7 billion in equity capital, over $3.4 billion of market capitalization and more than 450 banking and trust offices in Ohio, Michigan, Indiana, Texas, Florida, New York, Colorado and Missouri. The trust business of Society ranks in the top 15 nationally in terms of revenues and managed assets. Through its affiliates, Society engages in commercial banking, consumer banking, mortgage banking and leasing, and trust and investment management services.
 -0- 9/21/92
 /CONTACT: John Fuller of Society Corporation, 216-689-8140/
 (SCY) CO: Society Corporation ST: Ohio IN: FIN SU:


KK -- CL016 -- 1651 09/21/92 11:59 EDT
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Publication:PR Newswire
Date:Sep 21, 1992
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