This excerpt taken from the WTNY 8-K filed May 20, 2009.
Francisco “Frank” DeArmas, Executive Vice President, CIO - Operations & Technology Division. “For the past 125 years, Whitney has built its outstanding reputation by helping our customers prosper. This commitment is more than rhetoric; it’s our continuing promise.”
Whitney considers expanding its customer service capabilities an indispensable investment. Over time, the new system will not only advance the customer service platform, but also improve overall operational efficiency and support the Bank’s strategic plan -- benefiting customers, Whitney Bankers and shareholders alike.
Whitney Holding Corporation (Nasdaq -WTNY), through its banking subsidiary Whitney National Bank, serves the five-state Gulf Coast region stretching from Houston, Texas; across southern Louisiana and the coastal region of Mississippi; to central and south Alabama; the panhandle of Florida; and the Tampa Bay metropolitan area of Florida. Additional information is available at whitneybank.com. (WTNY-G)
This press release contains "forward-looking statements" as defined by federal securities laws. Statements contained in this press release that are not historical facts are forward looking statements. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management, including Whitney’s statements regarding the impact of the new customer service initiative and the projected efficiencies and cost savings resulting from the project. Actual results could differ materially from current projections and expectations for many reasons, including without limitation, changing events and trends that have influenced Whitney’s assumptions, but are beyond Whitney’s control. Forward-looking statements are necessarily estimates reflecting the best judgment of Whitney’s senior management based upon current information and involve a number of risks and uncertainties. Please refer to Whitney’s filings with the SEC (and available at www.SEC.gov) for a summary of important factors that could affect Whitney’s financial results and operations and its forward-looking statements. Except as required by law, Whitney does not intend to and assumes no responsibility for updating or revising any forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise.