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Riverfront Chooses Federated as Distributor

The Provident Bank of Cincinnati has awarded a three-year contract to Federated Investors of Pittsburgh to administer and distribute its Riverfront Funds. Gary Queen, senior managing director of Provident's capital management group, says Riverfront and Provident selected Federated to handle the $400 million funds because they want to increase assets in the funds substantially over the next few years.