Steven F. Young
Senior Vice President
Wainwright Bank & Trust Company
(NASDAQ: WAIN)
telephone: (617) 478-4000
fax: (617) 439-4854
e-mail: syoung@wainwrightbank.com
website: www.wainwrightbank.com
FOR IMMEDIATE RELEASE |
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Wainwright Bank Ranked 38th Among the Nation’s ‘100 Best Corporate Citizens’
BOSTON, MA, February 15, 2007 - Wainwright Bank & Trust Company (NASDAQ: WAIN) has been ranked thirty-eighth among the “100 Best Corporate Citizens” for 2007 as announced yesterday by CRO magazine.
Drawn from more than 1,100 publicly traded companies, the list identifies firms nationwide that excel at serving a variety of stakeholders with excellence and integrity and is based on environmental, social and governance research provided by KLD Research & Analytics.
“As one of the country’s leading socially progressive financial institutions, we are honored to receive this recognition of our commitment to all our stakeholders – customers, employees, communities and shareholders alike,” said Jan A. Miller, President and CEO of Wainwright Bank.
Now in its eighth year, the 100 Best Corporate Citizens list was developed by Business Ethics magazine. This is the first year the list has been published in CRO magazine. More details regarding the 100 Best Corporate Citizens list are available on the CRO website at www.thecro.com.
Founded in 1987, Wainwright Bank is a leading socially progressive bank headquartered in Boston with assets of $800 million and 11 branches serving neighborhoods throughout Greater Boston. Over 50 percent of the Bank’s commercial lending portfolio is committed to community development initiatives including affordable housing, homeless shelters, HIV/AIDS services, community health centers, and environmental issues to name a few. Wainwright’s commitment to supporting social justice issues has been widely recognized including being named one of the 11 Best Lenders to Women in the U.S., one of the Top 10 Best “Green” Banking Firms nationwide and one of the Top 20 Sustainable Stocks in the world.
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