BOWLING GREEN, Ohio, April 30 /PRNewswire-FirstCall/(Nasdaq: SKYF) Sky
Financial Group, Inc. announced today that its insurance affiliate, Meyer &
Eckenrode Insurance Group, will begin conducting business as Sky Insurance on
May 3, 2004. The new name aligns the insurance institution with its parent
company name Sky Financial Group and Sky's other financial services affiliates
including Sky Insurance, Sky Bank and Sky Trust.
The Pennsylvania-based company was acquired by Sky in July of 2000 and
previously operated under the names Meyer & Eckenrode, Hood Insurance and Knox
& Knox. Approximately 100 employees will be working out of Allison Park,
Canonsburg and New Castle, PA, under the Sky Insurance banner. Edward D.
Rawlings will serve as regional president, reporting directly to Jerry J.
Batt, president and chief executive officer of Sky Insurance.
"This was not a difficult decision for us to make," stated Rawlings.
"While the Meyer & Eckenrode name is well-recognized in many communities in
western Pennsylvania, we also feel strongly about the Sky name and its value.
As the name suggests, we are part of a 'group' of financial services
companies. Aligning the names of our affiliate companies makes it easier for
our clients to understand who we are and unifies us as an organization,"
continued Rawlings.
"Conducting business as Sky Insurance will eliminate some confusion within
our markets," said Batt. "Unfortunately, some people didn't know that we were
part of the same company. This is a great opportunity for us to expand our
operations in the western Pennsylvania area and will allow Sky to grow under
one unified brand."
About Sky Financial Group, Inc.
Sky Financial Group is a $12.1 billion diversified financial holding
company with its headquarters in Bowling Green, Ohio. Sky's asset size places
it among the 50 largest publicly-held bank holding companies in the nation.
The company operates over 260 financial centers and over 280 ATMs serving
communities in Ohio, Pennsylvania, Michigan, Indiana, and West Virginia. Sky's
related financial service affiliates include: Sky Bank, commercial and retail
banking; Sky Trust, an asset management organization; Sky Insurance, retail
and commercial insurance agency services; and Sky Access, Internet services.
Sky is located on the web at http://www.skyfi.com .
SOURCE Sky Financial Group, Inc.
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Related links:
http://www.skyfi.com
CONTACT:
Jerry Batt, Chief Executive Officer of Sky
Insurance, Inc., +1-419-720-7960
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