LANCASTER, Pa.–(BUSINESS WIRE)–Yesterday, Fulton Financial Corporation (NASDAQ: FULT) hosted a
ribbon-cutting ceremony to celebrate the completion of its and Fulton
Bank, N.A.’s corporate headquarters expansion at 23 E. King St., in
downtown Lancaster, PA.
“This is a proud day for Fulton, our project partners and our
community,” said E. Philip Wenger, chairman and CEO of Fulton Financial
Corporation. “This new building symbolizes the growth of our company and
the vibrancy of our local economy. Fulton is committed to changing lives
for the better and we are proud to continue to invest in our thriving
Lancaster community.”
Event speakers included:
- Phil Wenger, chairman and CEO, Fulton Financial Corporation
- Lancaster City Mayor Danene Sorace
- Congressman Lloyd Smucker
Fulton Financial Corporation’s senior management team members, along
with other state, county and city officials, community leaders and the
construction project team attended the event.
Some of the project partners include:
- Warfel Construction Company, general contractor
- Francis Cauffman, architectural firm
- High Construction, owner’s representative
- Rettew Associates, civil engineer
The three-story office building contains approximately 60,000 square
feet of space, including 1,500 square feet of street-front retail space
for Subway™. The new building is currently occupied by 200 employees,
and has space for 400 employees to account for projected new hires,
based on Fulton Financial Corporation’s 10-year growth plan.
Fulton announced in 2010 that it had purchased the property with the
intent to expand its corporate offices at Penn Square. In 2013, the
company paused the construction project to evaluate its needs and
current buildings on Penn Square and in East Petersburg to ensure that
the company was optimizing its existing facilities. It has since
reworked areas of its existing Penn Square headquarters and completed a
major remodel of the East Petersburg Operations Center, adding 425 new
workspaces between the two locations.
About Fulton Financial Corporation
Fulton Financial Corporation, a $21 billion Lancaster, PA-based
financial holding company, operates approximately 230 offices in
Pennsylvania, Maryland, Delaware, New Jersey and Virginia through four
subsidiary banks. Learn more about Fulton Financial Corporation at www.fult.com.
Forward-looking Statement:
This news release may contain forward-looking statements with respect to
the Corporation’s financial condition, results of operations and
business. Do not unduly rely on forward-looking statements.
Forward-looking statements can be identified by the use of words such as
“may,” “should,” “will,” “could,” “estimates,” “predicts,” “potential,”
“continue,” “anticipates,” “believes,” “plans,” “expects,” “future,”
“intends” and similar expressions which are intended to identify
forward-looking statements. These forward-looking statements are not
guarantees of future performance and are subject to risks and
uncertainties, some of which are beyond the Corporation’s control and
ability to predict, that could cause actual results to differ materially
from those expressed in the forward-looking statements.
A discussion of certain risks and uncertainties affecting the
Corporation, and some of the factors that could cause the Corporation’s
actual results to differ materially from those described in the
forward-looking statements, can be found in the sections entitled “Risk
Factors” and “Management’s Discussion and Analysis of Financial
Condition and Results of Operations” in the Corporation’s Annual Report
on Form 10-K for the year ended December 31, 2018, which has been filed
with the Securities and Exchange Commission and is available in the
Investor Relations section of the Corporation’s website (www.fult.com)
and on the Securities and Exchange Commission’s website (www.sec.gov).
The Corporation undertakes no obligation, other than as required by law,
to update or revise any forward-looking statements, whether as a result
of new information, future events or otherwise.
Contacts
Stacey Karshin
Office: 717-291-2739
