Thursday, June 25, 2009

 

Hartford Completes Federal Trust Buy

Hartford Financial Services Group Inc. said it has completed its acquisition of Federal Trust Corp. for $10 million in cash.

Federal Trust is a unitary thrift holding company and is the parent company of Federal Trust Bank, a federally-chartered, FDIC-insured savings bank. It has 11 full-service offices in Florida in Seminole, Orange, Volusia, Lake and Flagler Counties. The company is based in Sanford, Fla.

Hartford Completes Federal Trust Buy
Source: Financial-Planning.com

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