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| Liberty Bank Announces $67.5 Million Securitization Alternative and $37.5 Million in Forward Loans to Breckenridge Grand Vacations Family of Companies | “The securitization alternative allowed the developer to reap the benefits that have always attracted timeshare developers to the capital markets, but without the legal, rating agency, and investment banking fees associated with a traditional securitization,” observes Wellington Financial President Ron Goldberg. “These transactions demonstrate our confidence in the direction of Breckenridge Grand Vacations,” says Liberty Bank Vice President Denise Brewer. “They have strong leadership, a well-organized structure, and offer a great product.” “We are very glad to have broadened our relationship with Liberty Bank and Wellington Financial,” says Breckenridge Grand Vacations Owner/Developer Mike Millisor. “The bank has been a great supporter of our continuing development and growth. Their executives have taken the time to get to know us and understand our business, making for a solid and progressive relationship.”  About Liberty Bank Established in 1825, Liberty Bank (Liberty-Bank.com), based in Middletown, Connecticut, is the state’s oldest mutual bank, with more than $3.8 billion in assets. Liberty Bank has been actively lending to the timeshare industry throughout the U.S. for over 30 consecutive years. The bank’s commitment to superior service has resulted in lending relationships with some of the industry’s largest and most successful developers. Member FDIC. Equal Housing Lender. About
Wellington Financial
 About Breckenridge Grand Vacations Founded in 1984, Breckenridge Grand Vacations (BGV) creates grand vacations for more than 20,000 owners. In addition to the Grand Colorado on Peak 8, the developers, brothers Mike and Rob Millisor, along with Mike Dudick, have built Gold Point Resort, Grand Timber Lodge and the Grand Lodge on Peak 7 in one of North America’s premier destinations for skiing, hiking, biking and other activities. Breckenridge Grand Vacations offers luxurious accommodations, including everything from suites to 4-bedroom units; easy access to 2,900+ acres of the Breckenridge Ski Resort, two day spas; movie theaters; heated indoor and outdoor pools; fitness facilities and two restaurants. Owners can stay at their home resort or may exchange their time in over 2,000 resorts through Interval International. Additionally, the resorts’ unique ownership plan enables owners to access the resorts’ amenities 365 days per year. www.breckenridgegrandvacations.com Media Contact:
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