Fulton Financial Corporation

Fulton Financial Corporation is a U.S. regional financial services holding company, headquartered in Lancaster, Pennsylvania.

Fulton Financial Corporation
TypePublic
NasdaqFULT
S&P 400 Component
IndustryFinance
Founded1882
HeadquartersLancaster, Pennsylvania, USA
Key people
E. Philip "Phil" Wenger Chairman, President & CEO
ProductsBanking
RevenueIncreaseUS$ 793.28 million (2016)
IncreaseUS$ 171.75 million (2017)
Total assetsIncreaseUS$ 20.037 billion (2017)
Total equityIncreaseUS$ 2.23 billion (2017)
Number of employees
3,500 (2017)
Websitewww.fult.com

Fulton Financial Corp. has over $21 billion in assets, operating as Fulton Bank offers over 220 banking centers providing financial services throughout Pennsylvania, Maryland, Delaware, New Jersey and Virginia.[1]

The company engages in five main businesses: Branch Banking, Consumer lending, Commercial Banking, Investment Advisors and Mortgage Services.[2]

SubsidiariesEdit

Banking:

  • Fulton Bank

Financial services and insurance:

  • Fulton Financial Advisors, N.A.

Brokerage:

  • Clermont Wealth Strategies

Payment Solutions:

  • Global Exchange Group

MergerEdit

In fall 2019, Fulton Bank completed its consolidation of The Columbia Bank in Howard County, Maryland. Fulton said customers of The Columbia Bank should see minimal changes, other than the bank name.[3]

ComplaintsEdit

According to a United States government consumer finance database, the Consumer Financial Protection Bureau (CFPB) has received 64 complaints related to Fulton Financial since May 1, 2017.[4] The complaint subjects include:

  • Transaction was not authorized
  • Fee problem
  • Trouble during payment process
  • Problem accessing account
  • Funds not received from closed account
  • Funds not handled or disbursed as instructed
  • Fees charged for closing account
  • Money was not available when promised
  • Charged too much interest

ReferencesEdit

  1. ^ "Archived copy". Archived from the original on 2009-09-04. Retrieved 2014-01-07.CS1 maint: archived copy as title (link)
  2. ^ http://www.fult.com
  3. ^ www.bizjournals.com https://www.bizjournals.com/philadelphia/news/2019/09/17/fulton-bank-consoidation-complete-eyes-expansion.html. Retrieved 2019-11-30. Missing or empty |title= (help)
  4. ^ "Consumer Financial Protection Bureau". Consumer Financial Protection Bureau. Retrieved 2019-12-03.

External linksEdit