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Ted Peters, CEO of Bryn Mawr Bank Corporation, Elected To The Federal Reserve Bank of Philadelphia Board of Directors

^{Published on 2008-12-15 16:00:10 - Market Wire}
 

BRYN MAWR, Pa.--([ BUSINESS WIRE ])--Bryn Mawr Bank Corporation (NASDAQ: BMTC), (the "Corporation"), parent of The Bryn Mawr Trust Company (the "Bank"), today announced that Ted Peters, Chairman and CEO, has been elected to serve on The Federal Reserve Bank of Philadelphia Board of Directors for a three year term beginning January, 2009. Mr. Peters was elected by member banks of the Federal Reserve Bank of Philadelphia.

"It's an honor to join the Board of the Fed. We are in the midst of the most challenging economic environment since the 1930's and it's exciting to be part of the process of solving this crisis," said Mr. Peters.

Mr. Peters has more than thirty years experience in the banking industry and serves on a number of boards including: Pennsylvania Association of Community Bankers, Main Line Health, Congressman Jim Gerlach's Financial Advisory Board, Bryn Mawr Film Institute, Wayne Arts Center, St. Davids Golf Club, and the Rosemont College Business Advisory Board, and GVA Smith Mack.

ABOUT BRYN MAWR TRUST

Bryn Mawr Bank Corporation, including its wholly-owned subsidiary, The Bryn Mawr Trust Company, which was founded in 1889, had $1.1 billion in corporate assets and $2.8 billion in trust and investment assets under management, administration, supervision and brokerage as of September 30, 2008. Bryn Mawr Trust offers a full range of personal and business banking services, consumer and commercial loans, equipment leasing, mortgages, insurance, as well as wealth management services including investment management , trust and estate administration, retirement planning, custody services, and tax planning and preparation. Headquartered in Bryn Mawr Pennsylvania, Bryn Mawr Trust has eight full-service branches serving residents businesses in the affluent western suburbs of Philadelphia. It also maintains seven limited service offices in prominent adult life care communities.