BRYN MAWR, Pa., Feb. 04, 2019 (GLOBE NEWSWIRE) — Bryn Mawr Bank Corporation (NASDAQ: BMTC) (the “Corporation”), parent of The Bryn Mawr Trust Company (BMT, the “Company”), announced today that Ms. Elizabeth Baran Wagner has joined the Company as Senior Vice President and Director of Institutional Wealth Management for BMT Wealth Management. Ms. Wagner reports directly to Jennifer Dempsey Fox, President of BMT Wealth Management.

“Bryn Mawr Trust has a long history of serving clients in the charitable sector, including institutions, family philanthropies, and generous individuals from across our region. Elizabeth’s knowledge of and focus on endowments and foundations is invaluable for providing best-in-class support in this niche,” said Ms. Fox. “In addition to years of experience, she has an extraordinary reputation in this arena and her unique insight will be an asset to BMT’s many endowment and foundation clients, and to our many individual clients with significant legacy ambitions.”      

Ms. Wagner has nearly two decades of experience in non-for-profit institutional development and charitable solutions for high net worth families. She most recently served as the Senior Vice President and Chief Philanthropy Officer for the Princeton Area Community Foundation, where she was responsible for asset building strategy, new client acquisition, donor services, stewardship, and communications. Her previous work also includes nonprofit consulting.  A 21/64 Certified Advisor, she has worked with philanthropic families to create transformational strategic giving agendas and has helped clients craft meaningful legacies.

She is a graduate of Smith College with a Bachelor of Arts in art history and English. She has earned recognition as a Certified Fund Raising Executive (CFRE) from the Association of Fund Raising Professionals and has taken additional coursework in philanthropy and related disciplines at the American College of Financial Services. Active in the community, she has served on several boards and committees. She sits on the board of directors of the Lutheran Immigration and Refugee Service, where she serves on the finance and investment committee. She also co-chairs the Essentials Track at Fundraising Day in New York, one of the nation’s largest annual gatherings of nonprofit professionals. Finally, she is a member of the Mercer County Estate Planning Council.

Bryn Mawr Bank Corporation (NASDAQ: BMTC), including its principal subsidiary, The Bryn Mawr Trust Company (BMT), was founded in 1889, and is headquartered in Bryn Mawr, Pa.  BMT is a locally managed, premier financial services company providing retail and commercial banking; trust administration and wealth management; and insurance and risk management solutions. Bryn Mawr Bank Corporation has $4.6 billion in corporate assets and $13.4 billion in wealth assets under management, administration, supervision, and brokerage (as of 12/31/18).  Today, the company operates 43 banking locations, five (5) wealth management offices and two (2) insurance and risk management locations in the following counties:  Montgomery, Chester, Delaware, Philadelphia, and Dauphin Counties in Pennsylvania; New Castle County in Delaware; and Mercer and Camden Counties in New Jersey. For more information, visit bmt.com.

FORWARD-LOOKING STATEMENTS AND SAFE HARBOR
This press release contains statements which, to the extent that they are not recitations of historical fact may constitute forward-looking statements for purposes of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. Such forward-looking statements may include financial and other projections as well as statements regarding the Corporation’s future plans, objectives, performance, revenues, growth, profits, operating expenses or the Corporation’s underlying assumptions. The words “may,” “would,” “should,” “could,” “will,” “likely,” “possibly,” “expect,” “anticipate,” “intend,” “estimate,” “target,” “potentially,” “probably,” “outlook,” “predict,” “contemplate,” “continue,” “plan,” “forecast,” “project,” “are optimistic,” “are looking,” “are looking forward” and “believe” or other similar words and phrases may identify forward-looking statements. Persons reading this press release are cautioned that such statements are only predictions, and that the Corporation’s actual future results or performance may be materially different.

Such forward-looking statements involve known and unknown risks and uncertainties. A number of factors, many of which are beyond the Corporation’s control, could cause our actual results, events or developments, or industry results, to be materially different from any future results, events or developments expressed, implied or anticipated by such forward-looking statements, and so our business and financial condition and results of operations could be materially and adversely affected. Such factors include, among others, our need for capital, our ability to control operating costs and expenses, and to manage loan and lease delinquency rates; the credit risks of lending activities and overall quality of the composition of our loan, lease and securities portfolio; the impact of economic conditions, consumer and business spending habits, and real estate market conditions on our business and in our market area; changes in the levels of general interest rates, deposit interest rates, or net interest margin and funding sources; changes in banking regulations and policies and the possibility that any banking agency approvals we might require for certain activities will not be obtained in a timely manner or at all or will be conditioned in a manner that would impair our ability to implement our business plans; changes in accounting policies and practices; the inability of key third-party providers to perform their obligations to us; our ability to attract and retain key personnel; competition in our marketplace; war or terrorist activities; our ability to complete anticipated acquisitions and any material differences in the actual financial results, cost savings and revenue enhancements associated with our acquisitions; and other factors as described in our securities filings. All forward-looking statements and information set forth herein are based on Management’s current beliefs and assumptions as of the date hereof and speak only as of the date they are made. The Corporation does not undertake to update forward-looking statements.

For a complete discussion of the assumptions, risks and uncertainties related to our business, you are encouraged to review our filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K, as well as any changes in risk factors that we may identify in our quarterly or other reports subsequently filed with the SEC.

FOR MORE INFORMATION:
Jennifer Dempsey Fox
President
BMT Wealth Management
610.263.4600

Tina McDonald
Senior Vice President, Marketing
610.581.4875

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/ccc6eacb-42fc-400b-8b7a-9e0c02957c1d