Philadelphia, Pa (September 18, 2001) -
RMA-The Risk Management Association™ today announced that the Philadelphia-based group would donate $100,000 to the "Victims and Families Relief Fund" recently established by the American Bankers Association and state banking groups in New York and Virginia.
"We have all been profoundly affected by the events of last week. The financial services industry was hit particularly hard by the attack. But it is proving its strength and resiliency. At this time we all want to help in any way that we can," said Maurice H. Hartigan II, President and CEO of RMA.
Bill Perotti, Group Executive Vice President at Frost National Bank in San Antonio serves as the industry volunteer Chair of RMA and strongly supported the association's contribution. "We all feel the need to do all that we can at this time to help our Nation and those who have been so deeply affected by last week's tragedy. I am grateful to the ABA for establishing this fund on behalf of the industry," Perotti said.
RMA is the only financial services association that specializes in promoting effective credit risk management practices across the entire financial services industry. Its membership consists of more than 3,000 financial service providers. These institutions are represented in the association by more than 18,000 commercial loan, credit, and risk management professionals in 50 states, Puerto Rico, Canada and numerous foreign cities, including Hong Kong, Singapore and London. For more information, contact Pam Martin, Director of Regulatory Relations and Communications, at 215-446-4092 or Kathie Beans, RMA editor, at 215-446-4095.