RICHMOND, Va., Dec. 9 /PRNewswire-FirstCall/ -- Genworth Financial (NYSE:
GNW) announced today it has reached a definitive agreement with respect to the
acquisition of InterBank, fsb of Maple Grove, Minnesota. The completion of
the proposed acquisition is subject to the approval of the Office of Thrift
Supervision (OTS), Genworth receiving approval to participate in the U.S.
Treasury Department's Capital Purchase Program (CPP) under the Troubled Asset
Relief Program (TARP), as well as the satisfaction of other customary closing
About Genworth Financial
Genworth Financial, Inc. (NYSE: GNW) is a leading public Fortune 500
global financial security company. Genworth has more than $100 billion in
assets and employs approximately 7,000 people with a presence in more than 25
countries. Its products and services help meet the investment, protection,
retirement and lifestyle needs of over 15 million customers. Genworth operates
through three segments: Retirement and Protection, International and U.S.
Mortgage Insurance. Its products and services are offered through financial
intermediaries, advisors, independent distributors and sales specialists.
Genworth Financial, which traces its roots back to 1871, became a public
company in 2004 and is headquartered in Richmond, Virginia. For more
information, visit genworth.com.
Cautionary Note Regarding Forward-Looking Statements
This press release includes certain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. These
forward-looking statements include, but are not limited to our plans,
objectives, expectations and intentions and other statements contained in this
release that are not historical facts as well as statements identified by
words such as expects, anticipates, intends, plans, believes, seeks,
estimates, or words of similar meaning. These statements are based on our
current beliefs or expectations and are inherently subject to significant
uncertainties and changes in circumstances, many of which are beyond our
control. Actual results may differ materially from these expectations due to
changes in global political, economic, business, competitive, market and
regulatory factors. The company undertakes no obligation to publicly update
any forward-looking statement, whether as a result of new information, future
developments or otherwise.
SOURCE Genworth Financial, Inc.
CONTACT: Media, Al Orendorff, +1-804-662-2534,
email@example.com, or Investors,
Alicia Charity, +1-804 -662-2248,
Web Site: http://www.genworth.com