DELRAN, NJ—AUGUST 19, 2011—Benefit Consultants Group, a national provider of retirement products and services, today announced the successful conversion of First International Bank & Trust’s (FIB&T’s) retirement plan administration and recordkeeping operations to BCG. First International Bank & Trust is headquartered in Watford City and is the 5th largest bank in the state of North Dakota.
For BCG, the transaction represents the continuation of an aggressive growth and acquisition strategy that has been a key initiative of BCG for the past few years. ”BCG is committed to delivering the best retirement plan solution to our clients. From our first conversation with FIBT, it was clear they shared in that commitment. It is a natural fit,” says Jorge Arroyo, BCG President and COO.
“Together with organizations like FIBT, we see great opportunity for growth,” says Beau Adams, Executive VP of Business Development at BCG. Adams continued to note, “We’ve been fortunate to enjoy a great deal of success in pursuing partnership and acquisition opportunities. The key is to share common vision, philosophy and commitment to the client experience.”
BCG continues their efforts to identify strategic partners that complements their vision and looks forward to significant sustained growth throughout 2011. To find out more about their Partnership Program, call Beau Adams, Executive VP of Business Development at 800-524-401k, x1920.
Additional information about Benefit Consultants Group is available at www.bcgbenefits.com.