VICTORIA, Texas, July 10 /PRNewswire/ -- The Board of Directors of
FVNB Corp. (Nasdaq: FVNB) announced today that the Annual Meeting of
Shareholders of the company is scheduled for 2:00 p.m., local time, on Monday,
August 6, 2001, at the offices of the First Victoria National Bank at 101 S.
Main Street, De Leon Plaza, Victoria, Texas.
Included as an agenda item for shareholder approval at the Annual Meeting
is a proposal for a "going private" transaction. Details of the proposal may
be found in FVNB's definitive Proxy Statement filed yesterday with the
Securities and Exchange Commission. A copy of the Proxy Statement was mailed
yesterday to each shareholder of record of the company as of June 7, 2001.
FVNB Corp. is a financial holding company whose principal operating
subsidiaries are First Victoria National Bank, with locations in Victoria,
Port Lavaca, Taft, Edna, and Ganado, Texas; Citizens Bank of Texas N.A., with
locations in New Waverly, Huntsville, and The Woodlands, Texas; and Citizens
Insurance Agency of Texas, Inc. As of March 31, 2001, total consolidated
assets of the Company were approximately $750 million and consolidated equity
capital was approximately $70 million. [Subsidiary Banks, Members FDIC.]
For Further Information: David M. Gaddis, President & CEO of FVNB Corp.,
361-572-6500
SOURCE FVNB Corp.
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Related links: http://www.fvnb.com
Company News On-Call: http://www.prnewswire.com/gh/cnoc/comp/124759.html
CONTACT: David M. Gaddis, President & CEO of FVNB Corp., 361-572-6500
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