Rumson-Fair Haven Bank & Trust Company Stockholder Vote Finalized
RUMSON, N.J., May 10, 2012 /PRNewswire/ -- Rumson-Fair Haven Bank & Trust Company (OTCBB: RFHB) (the "Bank") announced today that it has mailed a letter to its stockholders from Dennis J. Flanagan, the Bank's President and Chief Executive Officer, in connection with the Bank's Annual Meeting of Stockholders held Wednesday, April 25, 2012.
The results of the stockholder vote related to the 2012 Annual Meeting of Shareholders has been finalized by the independent judge of election and Mr. George Hall has been elected to the Bank's Board of Directors effective immediately. Mr. William J. Barrett was not re-elected to the Board, however, he continues as a significant shareholder and has indicated that he will remain supportive of the Bank. At the next Board of Directors meeting, scheduled for May 21st, the Directors will appoint a new Chairman of the Board.
The full text of the letter is available on the Bank's website at: RFHBANK.com
CONTACT: Dennis J. Flanagan, President and Chief Executive Officer, (732) 933-4445
SOURCE Rumson-Fair Haven Bank & Trust Company
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