eed services to be performed on many aspects of the government financial market at once. Whereas, a public entity might have services performed on all of its clients to get one lump sum amount of money either owed or held by them. BANK of NEW YORK HIGHLIGHTSOn November 9th, 2000, The Bank of New York announced that it had been appointed by AMCORE Investment Group to be its United States domestic and global custodian for all of AMCORE's trust and mutual fund assets. In addition, The Bank of New York was selected to provide cash management services for AMCORE's Vintage Mutual Funds Inc. AMCORE Financial, Inc. is a financial services company, headquartered in northern Illinois with banking assets of $4.4 billion and 64 locations in Illinois and Wisconsin. AMCORE Investment Group, a subsidiary of AMCORE Financial, Inc., provides trust and brokerage services, and through Investors Management Groups, provides capital management and mutual fund administrative services, and is the investment advisor for the Vintage Family of Mutual Funds. AMCORE Investment Group is responsible for the trust and brokerage businesses of AMCORE Financial Inc., including the Vintage Mutual Fund Family. AMCORE'S assets are reported to be worth some $5.1 billion dollars. David W. Miles, CEO of AMCORE said "The Bank of New York's custody and cash management capabilities will allow us to grow strategically and provide our clients with the efficient service they deserve and expect. In selecting a vendor, it was important that they understand our business and have the ability to service our current needs. It is also important that they are committed to the ongoing investment in technology required to deliver the securities, cash and investment management support services we require. The Bank of New York is a well-established financial institution that has outlasted numerous financial hardships, including the Great Depression. It has a long history of providin...
