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CHINATRUST SELECTS NEW MARKETING GROUP

TORRANCE - Chinatrust Bank (USA) and the Independent Financial Marketing Group, Inc. (IFMG) of Purchase, New York have signed an agreement for  IFMG to offer Chinatrust an alternative investment program featuring a broad array of investment and insurance products and services.

The products will be offered through IFMG's registered broker dealer, IFMG Securities, Inc. (IFMGSI), member NASD & SIPC, and its licensed insurance agency, IFS Agencies, Inc. (IFSA).

The program, Investment Services at Chinatrust, will provide Chinatrust's customers with access to mutual funds, fixed and variable annuities, and life insurance from Independent Financial's selection of highly rated product providers through a team of financial consultants.

Additionally, the financial consultants will be available to provide Chinatrust's customers with complete financial planning services including college funding, retirement planning, life income planning, insurance needs analysis, asset allocation, goal setting, and risk management.

Established in 1989, Torrance-headquartered Chinatrust Bank (U.S.A.) is a state-chartered bank providing premier financial services to consumers as well as corporate customers with 17 offices coast to coast in California, New Jersey, New York, and Washington.

Today, Chinatrust has total assets of approximately $1.7 billion and deposits of approximately $1.4 billion.

Independent Financial develops alternative investment programs to banks. Independent Financial provides a wide range of investment and insurance products, plus value-added technological processing services.

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