SOURCE: Fulton Financial Corporation

March 03, 2008 10:22 ET

Fulton Financial Corporation Chairman, President and CEO, R. Scott Smith, Jr., Elected to Federal Advisory Council

LANCASTER, PA--(Marketwire - March 3, 2008) - Fulton Financial Corporation (NASDAQ: FULT) today announced that R. Scott Smith, Jr., the corporation's chairman, president and CEO, has been elected to represent the Third Federal Reserve District on the Federal Advisory Council.

The Federal Advisory Council, which was established in 1913, plays an ongoing advisory role in the of deliberations of the Federal Reserve's Board of Governors. The Council consists of twelve bankers, one from each Federal Reserve District, chosen by the boards of directors of the District Banks. Members typically serve three-year terms, and meet with Fed Chairman Ben Bernanke and the Federal Reserve's board of governors four times a year in Washington, D.C.

The Council communicates with senior policy makers in the nation's capital on issues of concern not only to bankers but also to the economy at-large.

Smith has 38 years of experience in the banking industry. He is a board member of Fulton Financial Corporation, American Bankers Association, Pennsylvania Chamber of Business and Industry, and the Economic Development Company of Lancaster County. He is a member of the Pennsylvania Bankers Association and Director of Lancaster Alliance.

A photo of Smith is attached: http://media.marketwire.com/attachments/200803/411078_SmithScott.jpg

Contact Information

  • CONTACT:
    Laura J. Wakeley
    717-291-2616