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Press release content from Globe Newswire. The AP news staff was not involved in its creation.

Bryn Mawr Trust Partners With Philanthropi To Build Employee Giving

November 15, 2019

BRYN MAWR, Pa., Nov. 15, 2019 (GLOBE NEWSWIRE) -- In honor of National Philanthropy Day, Bryn Mawr Trust ( BMT ), a subsidiary of Bryn Mawr Bank Corporation (BMBC) (NASDAQ: BMTC), announced it has partnered with Philanthropi, the first impact-driven giving platform that provides both individual and aggregated views across all acts of philanthropy. The tool is being made available to BMT employees to encourage and support the next generation of socially responsible philanthropists.

“BMT has a long history of charitable giving, and our employees have embraced our role by giving of their time to literally thousands of organizations throughout the tri-state area,” said Frank Leto, BMBC President and Chief Executive Officer. “Our employees aspire to make a difference and, being a socially responsible employer, BMT wants to support their personal aspirations. Through our partnership with Philanthropi, we are giving our employees a 21st century tool that assists them in saving and managing their personal giving, further empowering them to make a difference to the organizations they care about.”

“We’re excited to partner with Bryn Mawr Trust, an organization that has been a true leader in charitable giving, for National Philanthropy Day and beyond,” said Dr. Keith Leaphart, Founder and CEO of Philanthropos. “By implementing our Philanthropi giving platform, Bryn Mawr Trust is empowering its employees to track and amplify their charitable giving, whether that be their time, talent, treasure or ties. It will also enable Bryn Mawr Trust and its employees to see the full impact of their philanthropy, both individually and collectively. It’s a great way to celebrate an important day and kickoff a culture of positive impact.”

Bryn Mawr Bank Corporation (NASDAQ: BMTC), including its principal subsidiary, The Bryn Mawr Trust Company (BMT), was founded in 1889, and is headquartered in Bryn Mawr, Pa. BMT is a locally managed, premier financial services company providing retail and commercial banking; trust administration and wealth management; and insurance and risk management solutions. Bryn Mawr Bank Corporation has $4.83 billion in corporate assets and $15.6 billion in wealth assets under management, administration, supervision, and brokerage (as of 9/30/19). Today, the company operates 43 banking locations, five (5) wealth management offices and two (2) insurance and risk management locations in the following counties: Montgomery, Chester, Delaware, Philadelphia, and Dauphin Counties in Pennsylvania; New Castle County in Delaware; and Mercer and Camden Counties in New Jersey. For more information, visit bmt.com.

Philanthropos is an impact fintech company that leverages data to simplify, track, and amplify giving for both organizations and individuals. The Company is reimagining and redefining everyday giving with its innovative solution, Philanthropi. Through this data-driven platform, Philanthropos empowers individuals and organizations to see and amplify the impact of their time, talent, treasure, and ties. For more information on Philanthropos and Philanthropi, please visit www.philanthropos.com and www.philanthropi.com.

FORWARD-LOOKING STATEMENTS AND SAFE HARBOR This press release contains statements which, to the extent that they are not recitations of historical fact may constitute forward-looking statements for purposes of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. Such forward-looking statements may include financial and other projections as well as statements regarding BMBC’s future plans, objectives, performance, revenues, growth, profits, operating expenses or BMBC’s underlying assumptions. The words “may,” “would,” “should,” “could,” “will,” “likely,” “possibly,” “expect,” “anticipate,” “intend,” “estimate,” “target,” “potentially,” “probably,” “outlook,” “predict,” “contemplate,” “continue,” “plan,” “forecast,” “project,” “are optimistic,” “are looking,” “are looking forward” and “believe” or other similar words and phrases may identify forward-looking statements. Persons reading this press release are cautioned that such statements are only predictions, and that BMBC’s actual future results or performance may be materially different. Such forward-looking statements involve known and unknown risks and uncertainties. A number of factors, many of which are beyond BMBC’s control, could cause our actual results, events or developments, or industry results, to be materially different from any future results, events or developments expressed, implied or anticipated by such forward-looking statements, and so our business and financial condition and results of operations could be materially and adversely affected. All forward-looking statements and information set forth herein are based on Management’s current beliefs and assumptions as of the date hereof and speak only as of the date they are made. BMBC does not undertake to update forward-looking statements. For a complete discussion of the assumptions, risks and uncertainties related to our business, you are encouraged to review our filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K, as well as any changes in risk factors that we may identify in our quarterly or other reports subsequently filed with the SEC.

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Tina S. McDonaldSVP, Marketing610.581.4875