SOURCE: Fulton Financial Corporation

Fulton Financial Corporation

May 31, 2012 08:42 ET

Fulton Financial Names Marcellus/Utica Shale Minerals Asset Advisor

Bachelor of Science Degree in Petroleum and Natural Gas Engineering Benefits Clients

LANCASTER, PA--(Marketwire - May 31, 2012) - Fulton Financial Corporation (NASDAQ: FULT) has named Steven M. Karabin senior vice president on Clermont Wealth Strategies' advanced strategic planning team.

Karabin brings a unique combination of knowledge of both financial planning and the oil and gas industries, which will allow him to assist clients, particularly those who own property in the Marcellus/Utica Shale region, through all stages of the oil and gas exploration process.

Karabin earned a bachelor of science in petroleum and natural gas engineering from Pennsylvania State University and has worked with four major oil and gas exploration and production companies such as Exxon, Shell, Chevron and Conoco. This experience enables him to have a unique and multi-dimensional understanding of the issues and options facing landowners in the Marcellus Shale region.

"The addition of Steve to our team will greatly enhance our ability to serve individuals and businesses in the Marcellus area," said Paul Nicholas, executive vice president, Clermont Wealth Strategies. "His educational and job-related experiences in petroleum and gas engineering, coupled with his expertise as a financial planner, bring a unique perspective that is difficult to find in our industry. Steve's understanding of many complex energy-related issues and his proven track record as a financial planner enable Clermont Wealth Strategies to become an even more valuable partner to our clients as they navigate new challenges and decisions regarding the best choices for them and their families."

Fulton Financial Corporation is a Lancaster, Pennsylvania-based financial holding company which has 3,850 employees and operates more than 270 banking offices in Pennsylvania, Maryland, Delaware, New Jersey and Virginia through the following affiliates: Fulton Bank, N.A., Lancaster, PA; Swineford National Bank, Middleburg, PA; Lafayette Ambassador Bank, Easton, PA; FNB Bank, N.A., Danville, PA; Fulton Bank of New Jersey,
Mt. Laurel, NJ; and The Columbia Bank, Columbia, MD.

Additional information on Fulton Financial Corporation is available on the Internet at

Contact Information

  • Contact:
    Laura J. Wakeley
    Office: (717) 291-2616