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Monday, 02/10/2003

FBF - Fleet Boston Financial

Company Description

Fleet Boston Financial is the seventh-largest financial holding company in the United States, with assets of $190 billion. The company's principal businesses, Personal Financial Services and Wholesale Banking, offer a comprehensive array of innovative financial solutions to 20 million customers. Through its Personal Financial Services franchise, Fleet offers retail banking, wealth management and investment services, nationwide brokerage, credit card and consumer lending services. These services are available through approximately 1,500 branches and more than 3,500 ATMs in the Northeast; through Fleet HomeLink, one of the nation's leading online banking platforms; and through telephone banking. Fleet is the leading small business services and commercial banking provider in the Northeast. Fleet's Wholesale Banking division provides commercial lending, syndications, leasing, cash management, asset-based finance, foreign exchange and interest rate derivatives to corporate clients.

( Source Fleet Bank )

Reason to Invest (company's highlights:)

  • #1 retail bank in New England and New Jersey
  • #1 home equity lender in New England
  • #1 Small Business Administration lender in the United States
  • #1 bank-owned commercial finance provider
  • # 2 depository of government funds in the United States
  • 4th largest commercial and industrial lender in the U.S
  • 3rd largest foreign branch network among U.S. banks
  • 5th largest private bank in the United States
  • One of the top five providers of cash management services in the United States

Shares to Qualify = 1
Enroll charge: 0         
Auto-reinvestment = no
Min/Max = $10/$16,000 per quarter

Reinvestment Fees -

Dividend investment fees: = None
Cash investment fees: N/A = No optional cash investment currently 
Auto reinvestment fees: N/A = no auto reinvestment plan currently

Transfer Agent
EquiServe, L.P.
First Chicago Trust Division
P.O. Box 2500
Jersey City, NJ 07303-2500
Phone: 1-800-317-4445 

 
 

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