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 Named to Boston Globe 100
Nineteenth-Annual Listing Ranks Top Massachusetts-Based Public Companies
BOSTON, MA, May 22, 2007 - Wainwright Bank & Trust Company (NASDAQ “WAIN”) has been named to the “Globe 100” list of top performing public companies in Massachusetts, The Boston Globe announced today.
Based on a composite score derived from financial data for the four quarters ending December 31, 2006, Wainwright Bank was ranked 98 among Massachusetts-based companies whose stock is publicly traded on NASDAQ, New York Stock Exchange or American Stock Exchange. It is the third time Wainwright Bank has been included in the Globe 100.
“The companies in the Globe 100 have distinguished themselves in not only their respective fields but among other Massachusetts businesses,” said Globe business editor Shirley Leung. “This year’s Globe 100 highlights the broad spectrum of both old and new Massachusetts companies, from cutting-edge sectors like biotechnology to long-standing staples like construction.”
"Considering the competitive and economic challenges to performing well in the banking industry last year, we are pleased to be included in the Globe 100," said Jan Miller, President and CEO of Wainwright Bank.
The Globe 100, now in its 19th year, ranks Massachusetts-based public companies based on financial data from the four quarters ending closest to December 31, 2006, and for corresponding quarters a year earlier.
Founded in 1987, Wainwright Bank is a leading socially progressive bank headquartered in Boston with assets of $850 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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