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Franklin Savings Announces Appointment to its Board of Directors

Posted : Tue, 10 Nov 2009 17:22:23 GMT
Author : First Franklin Corporation
Category : Press Release
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CINCINNATI, Nov. 10 /PRNewswire-FirstCall/ -- The Franklin Savings and Loan Company, a wholly-owned subsidiary of First Franklin Corporation (Nasdaq: FFHS) announced today the appointment of Steven R. Sutermeister to its board of directors. Mr. Sutermeister is an investment management executive with over 32 years of experience. He has a BS in Business Administration from Miami University and an MBA in Finance from the Northwestern University Kellogg School of Management. Mr. Sutermeister spent 18 years with The Union Central Life Insurance Company, where he was involved at the executive level in Union Central's investment management division, including nine years as President of Summit Investment Partners, Inc., an investment management subsidiary. Prior to joining Union Central, he held senior management positions with Washington Square Capital, based in Chicago, and the Chicago offices of Salomon Brothers, Inc.

Gretchen Schmidt, President of Franklin Savings commented, "We are delighted to have Steve join our board of directors. He brings a wealth of financial management and capital markets expertise to our board, and we are fortunate to be able to add a person of Steve's caliber to our team. In addition to his impressive professional accomplishments, Steve is active in numerous community organizations, which include the Cincinnati Arts Association, United Way of Greater Cincinnati, Miami University's Farmer School of Business, and Cincinnati Works. Giving back to our community has been an integral part of Franklin Savings' mission throughout its 126 year history, and we value Steve's commitment in this area."

Mr. Sutermeister resides in Newtown with his wife Debbie.

Franklin Savings has eight full-service banking centers in Greater Cincinnati. Franklin Savings is a wholly-owned subsidiary of First Franklin Corporation, a savings and loan holding company whose shares are traded on the Nasdaq Global Market under the symbol "FFHS"

SOURCE First Franklin Corporation


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