News from Southern Bank |
Southern Bank News Release - October 19, 2007 Mount Olive , N.C. ~ The Southern Bank Foundation recently made a $25,000 donation to the Shepard-Pruden Memorial Library in Edenton to help with its expansion and renovation project. The library is a branch of the Pettigrew Regional Library, a multi-county library system that provides public library services to the residents of Chowan, Perquimans, Tyrrell, and Washington counties. The Shepard-Pruden Library primarily serves the residents of Chowan County. The Southern Bank Foundation makes charitable gifts to support a large number and variety of charitable programs in areas of North Carolina served by Southern Bank and Trust Company. |
Southern Bank News Release - October 12, 2007 Southern Bank is pleased to announce the promotion of L. Taylor Harrell to the position of Vice President and Regional Business Development Officer. He has fifteen years of banking experience and he will work with the customers and businesses in the Roanoke Chowan area to offer them financial solutions to meet their needs. A native of Gates County, Mr. Harrell is a graduate of the University of North Carolina at Chapel Hill, where he earned his Bachelor of Science degree in Business Administration. He is a graduate of the North Carolina School of Banking, which is held at the University of North Carolina at Chapel Hill. He has also completed the RMA Commercial Lending School and the RMA Advanced Commercial Lending School. Harrell is an active member of his community. He is a member of the Ahoskie Jaycees, where he served as President in 1997 and 2003. He received the North Carolina Jaycees Northeast Region Director’s Award of Honor in 2002, the Ahoskie Jaycees Member of the Year in 1996 and 2002, and Ahoskie Jaycees Board Member of the Year in 1995 and 2000. He is a member and Immediate Past President of the Ahoskie Rotary Club. He is also currently serving his second term as Chairman of the Ridgecroft School Board of Directors |
Southern Bank News Release - October 4, 2007 Rocky Mount, N.C. ~ The Southern Bank Oakwood office in Rocky Mount opened its doors to the public on September 10, 2007. The official Grand Opening and Ribbon-Cutting will be held on Tuesday, October 16, 2007 at 12:00 pm. The branch is located at 107 South Fairview Road in Rocky Mount. With the recent completion of the bank’s facility, the Grand Opening event is open to the general public. There will be a radio remote broadcast from 10:00 am until 1:00 pm and refreshments will be provided for all guests who attend. “We are very excited about the newest addition to our Rocky Mount franchise,” said Mike Bryant, Executive Vice President of Southern Bank. “The Oakwood office is our fourth branch in the City and signifies our continued commitment to this market. Besides having four branches in Rocky Mount, Southern Bank also has area branches located in Red Oak, Nashville, Sharpsburg, and Battleboro.” According to Willard Barnes, Senior Vice President and City Executive with Southern Bank, the new banking facility was needed in order to better serve the customers and businesses in the Oakwood community. “Southern Bank is a well established bank in the Rocky Mount area and throughout the eastern part of North Carolina,” said Barnes. “The Oakwood staff is very excited about their new branch location. We hope that everyone in the area will visit our new Oakwood facility and meet our employees on Tuesday, October 16th, during our Grand Opening celebration.” |
Southern Bank News Release - September 25, 2007 Winterville, N.C. ~ Southern Bank is pleased to announce the addition of Bernadine R. Gibson as Assistant Vice President in their Winterville office. Mrs. Gibson has 25 years of banking experience and she has served in positions such as a Financial Specialist, Relationship Banker, and Banking Center Manager. A native of Warrenton, Mrs. Gibson attended Lenoir Community College. She earned a Series 6 and Series 63 Investment License, a North Carolina Life and Health License, and a Certificate in Long-term Care. She has also completed many business courses pertaining to the Banking Industry, Sales, Relationship Management, and Lending. Gibson is a past board member of Literacy Volunteers in Pitt County and the Family Violence Center in Pitt County. While working for a previous employer, Mrs. Gibson received the 2003 and 2004 MVP award and the 2006 Superior Performance award in Banking. |
Southern Bank News Release - September 11, 2007 Mount Olive, NC ~ Southern BancShares (N.C.), Inc. and Southern Bank and Trust Company are pleased to announce the appointment of G. Rouse Ivey to the Board of Directors of both companies. Mr. Ivey is a self-employed farmer in the Mount Olive area. A native of Mount Olive, Mr. Ivey is a graduate of North Carolina State University with a degree in Livestock Technology. Ivey is very active in his community. He is the current Chairman and Board Member of the Natural Resource Conservation Service in Duplin County; a Director of the North Carolina Tobacco Growers Association; a member of the Board of Directors of Oak Wolfe Fire Department, where he also serves as a Fireman; a member of the Philip Morris USA Quality Assurance Committee; a member of the Local Advisory Board of Southern Bank and Trust Company in Kenansville; and a member of the Local Advisory Board of Southern States Cooperative. Mr. Ivey’s career achievements include earning the 1982 Philip Morris Young Tobacco Farmer Award, the Kenansville Jaycees Outstanding Young Farmer Award, the 1990 Mount Olive Jaycees Young Farmer Award, and 2006 Melvin Cording Award for Service to Agriculture, which was given by the Duplin County Agri-Business Council. |
Southern Bank News Release - September 6, 2007 Rocky Mount , NC ~ Southern Bank is pleased to announce the upcoming opening of its newest, full service banking facility, the Oakwood branch, located at 107 South Fairview Road. The branch will open for business on Monday, September 10, 2007. An official dedication and Grand Opening ceremony for the Oakwood branch is planned for October. |
Southern Bank News Release - September 5, 2007 Ahoskie, N.C. ~ Southern Bank and Trust Company is pleased to announce the promotion of Jerry C. Alexander, Senior Vice President, to the position of Regional Supervisor in the Bank’s Northern Region. Mr. Alexander, a native of Gates County, is a graduate of East Carolina University and the Graduate School of Banking at Louisiana State University. In his community, Alexander is a Board Member of Beechwood Country Club; a past District Treasurer of the Rotary Club; a past Member of Hertford County Economic Development Commission; a past Member of the Chowan College Board of Visitors; and a past Chairman of Ridgecroft School Board of Directors. |
Southern Bank News Release - August 29, 2007 A native of Enfield, Ms. Whitaker attended the University of North Carolina in Greensboro. She has also completed continuing education courses in Accounting at Nash Community College. As an active member of her community, Whitaker is a member of the City of Rocky Mount Martin Luther King Commission; a member of the Board of Directors of NEED, Inc. (Nash Edgecombe Economic Development, Inc), a Community Action Agency for Nash, Edgecombe, and Wilson Counties; a Board Member of The Christian Fellowship Homes and BYTTE (Bringing Youth Together Through Enrichment), an after school tutorial and summer program; and a Mentor with Communities in School. |
Southern Bank News Release - August 2, 2007 Mount Olive, N.C. ~ The Southern Bank Foundation recently made a $10,000 contribution to the Carolinas Gateway Partnership. The Partnership supports economic development in Nash and Edgecombe counties by recruiting new jobs and investment in the area. The Southern Bank Foundation makes charitable gifts to support a large number and variety of charitable programs in areas of North Carolina served by Southern Bank and Trust Company. |
Southern Bank News Release - July 9, 2007 Mount Olive, N.C. ~ The Southern Bank Foundation recently made a $5,000 donation to the Rocky Mount Preparatory School, a public charter school in Rocky Mount. The funds will be used in conjunction with the schools annual Faculty Award which honors the achievements of an outstanding senior as selected by the Faculty. The Southern Bank Foundation makes charitable gifts to support a large number and variety of charitable programs in areas of North Carolina served by Southern Bank and Trust Company. |
Southern Bank News Release - June 13, 2007 Mount Olive, N.C. ~ The Southern Bank Foundation recently made a $5,000 donation to the Rocky Mount Preparatory School, a public charter school in Rocky Mount. The funds will be used in conjunction with the schools annual Faculty Award which honors the achievements of an outstanding senior as selected by the Faculty. |
Southern Bank News Release - June 13, 2007 Rocky Mount, N.C. ~ Christopher O. Robbins, Senior Vice President with Southern Bank in Rocky Mount, was among the 224 bankers that received graduation diplomas on June 1, 2007 from the Graduate School of Banking at Louisiana State University. This three-year program provides an organized course of study that takes an in-depth look at bank management and operations including monetary, economic, and regulatory theories and practices. Sponsored by 15 southern state bankers associations in cooperation with the Division of Continuing Education at LSU, the banking school requires attendance on campus for three years, with extensive bank study assignments between sessions. The faculty consists of bankers, business and professional leaders, and educators from all parts of the United States. A native of Rocky Mount, Robbins is a 1992 graduate of The University of North Carolina at Chapel Hill, where he earned a Bachelor's Degree in Political Science. He is a 2003 graduate of the North Carolina School of Banking program, which was held at the University of North Carolina at Chapel Hill. Mr. Robbins was honored as the 2005 – 2006 RBC Centura Leadership Award winner. The award was given by Leadership Rocky Mount, a program sponsored by the Rocky Mount Area Chamber of Commerce. He is the Chairman of the Downtown Rocky Mount Loan Pool Committee, Treasurer for the Corporate Board of Directors for the Twin Rivers Chapter of the American Red Cross, and Treasurer of the Tar River Civic Club. |
Southern Bank News Release - June 1, 2007 Ayden, N.C. ~ Southern Bank is pleased to announce the addition of Lauren Davis to the position of Mortgage Loan Originator in the Greenville/Pitt County market. Her previous work experience includes both retail banking and mortgage industries. A native of Kinston, she is a graduate of East Carolina University, where she earned a Bachelor of Science degree in Business Administration with a concentration in Finance. |
Southern Bank News Release - May 18, 2007 Mount Olive, N.C. ~ Southern Bank and Trust Company is pleased to announce the promotion of James Grey Morgan to the position of Regional Supervisor of 15 branches in the Bank’s Southern Region. Mr. Morgan is currently the Senior Vice President and City Executive in Southern Bank’s Kenansville office and he will continue to serve in that capacity. Mr. Morgan, a native of Calypso, is a graduate of East Carolina University in Greenville and the North Carolina School of Banking at the University of North Carolina in Chapel Hill. Morgan is a Board Member and past Chairman of the Duplin County Economic Development Commission; a Board Member and past President of the Duplin County Education Foundation; a Board Member of the Carolina East Home Care & Hospice, Inc.; a Board Member of the Duplin County Community Foundation; a Board Member of Mount Olive Family Medicine; a member of the James Sprunt Community College Small Business Advisory Board; and a member of the Duplin Rotary Club. |
Southern Bank News Release -January 2, 2007 Winterville, N.C. ~ The Southern Bank office in Winterville opened its doors to the public on December 18, 2006. The official Grand Opening and Ribbon-Cutting will be held on Wednesday, January 24, 2007 at 11:00am. The branch is located at 4259 NC Hwy 11 South in Winterville, across from Sam’s Club. With the recent completion of the bank’s new facility, the event is open to the general public and a light lunch will be provided for all guests who attend. According to Cindy Spargur, Assistant Vice President and Branch Manager in Winterville, the new banking facility was needed in order to better serve the customers and businesses in the growing Winterville community. “Many people in Pitt County are already familiar with Southern Bank because it has established offices located in Greenville, Ayden, Bethel, and Farmville,” said Spargur. “Many of the Winterville employees are residents of the community and they are committed to offering the best possible solutions to meet their customer’s needs. The Winterville staff is very excited about their new office. Regardless of whether or not you bank with us, we hope that everyone will come see us on Wednesday, January 24 th, for our Grand Opening celebration.” |
Southern Bank News Release - December 19, 2006 New Southern Bank Market Executive in Rocky Mount A native of Rocky Mount, Dunton is a graduate of the University of North Carolina at Chapel Hill, where he earned a Bachelor of Science Degree in History. Dunton currently serves on the Advisory Board of United Community Ministries and Tri-County Industries. He is a member of the Nash-Rocky Mount Rotary Club and Benvenue Country Club. |
Southern Bank News Release - December 15, 2006 FREDDIE MAC AND SOUTHERN BANK BRING Get the Facts! Homeownership Workshops TO EASTERN NORTH CAROLINA $30,000 Presented to Six Local Organizations Southern Bank and Freddie Mac are pleased to announce that they are working with six local community organizations to implement informative workshops that demystify the homeownership process for families in 10 eastern North Carolina counties. The Get the Facts! workshops are designed to break down barriers of misinformation that keep many individuals from considering homeownership. Freddie Mac and Southern Bank today presented a $30,000 check to the organizations listed below to fund the workshops. Beginning in 2007, and continuing through the end of 2008, the Get the Facts! workshops will be conducted by Southwest Alliance Neighborhood Empowerment, New Life Community Development Corporation (CDC), Choanoke Area Development Association, Rocky Mount Edgecombe (CDC), North Carolina Fund for Development and Rebuilding Broken Places. Workshops will be conducted in the counties of Beaufort , Washington, Northampton, Hertford, Halifax, Bertie, Nash, Edgecombe, Pitt and Wayne. Through the Get the Facts workshops, these organizations will provide straightforward information and advice about all aspects of homeownership, including costs associated with home buying and credit history requirements. For example, a 20 percent down payment and perfect credit are no longer the industry standards for getting a mortgage. “Southern Bank is pleased to be a part of this affordable housing initiative,” said Robert Shepherd, Senior Vice President and Community Reinvestment Officer with Southern Bank. “It represents an opportunity for low to moderate income people to become smarter homebuyers by participating in the workshop and learning valuable information regarding down payments, closing cost financial assistance, and affordability. Families with limited incomes can overcome obstacles and become owners of decent, safe, and affordable homes.” Shepherd said that targeted groups of the program include highly skilled workers such as teachers, policemen, and firemen, as well as workers such as machine and vehicle operators, material movers, food service workers, secretaries, and the like. “The strength of this educational campaign is the many public and private organizations working together in the community to address the barriers faced by homebuyers,” said Craig Nickerson, vice president of Freddie Mac. “Freddie Mac is pleased to be working with Southern Bank and these grassroots organizations reach people who may be facing obstacles to buying a home.” Freddie Mac, one of the nation’s largest residential mortgage investors, created the Get the Facts! workshops. Research conducted by Freddie Mac in 2003 suggests that reliable, accurate information about homebuying may not be reaching minority communities. The research uncovered several common misconceptions about homebuying among African Americans and Latinos. For example, about half of African Americans and Latinos believe that they need a 20 percent down payment to buy a home, and that they need almost perfect credit to get a loan. In addition, more than half of African Americans and Latinos believe that they must have the same job for at least three years to get a loan. Freddie Mac is a stockholder-owned company established by Congress in 1970 to support homeownership and rental housing. Freddie Mac fulfills its mission by purchasing residential mortgages and mortgage-related securities, which it finances primarily by issuing mortgage-related securities and debt instruments in the capital markets. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than four million renters in America. www.FreddieMac.com
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Southern Bank News Release -December 4, 2006 Roanoke Rapids, N.C. ~ Southern Bank is pleased to announce the promotion of Susan A. Dickerson to the position of Assistant Vice President and Business Development Officer in its Roanoke Rapids office. She has been employed in the banking industry for the past twenty-two years and the last ten of those years have been in the Roanoke Rapids area. A native of Halifax County, Dickerson is a graduate of Roanoke Rapids High School and she has completed various banking courses at Halifax Community College. |
Southern Bank News Release - December 1, 2006 Winterville , NC ~ Southern Bank is pleased to announce the upcoming opening of its newest, full service banking facility located at 4259 NC Highway 11 South, across from Sam’s Club. The branch will open for business later this month. An official dedication and Grand Opening ceremony for the Winterville branch is planned for late January. |
Southern Bank News Release - November 30, 2006 A native of Rocky Mount, Robbins is a 1992 graduate of The University of North Carolina at Chapel Hill, where he earned a Bachelor's Degree in Political Science. He is a 2003 graduate of the North Carolina School of Banking program, which was held at the University of North Carolina at Chapel Hill. He is also in the process of completing the Graduate School of Banking at Louisiana State University in June of 2007. Mr. Robbins was honored as the 2005 – 2006 RBC Centura Leaderhip Award winner. The award was given by Leadership Rocky Mount, a program sponsored by the Rocky Mount Area Chamber of Commerce. He is the Chairman of the Downtown Rocky Mount Loan Pool Committee, Treasurer for the Corporate Board of Directors for the Twin Rivers Chapter of the American Red Cross, and Treasurer of the Tar River Civic Club. |
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Founded in 1901, Southern Bank is a wholly owned subsidiary of Southern BancShares (N.C.), Inc. With its Corporate Headquarters located in Mount Olive, the Bank has total assets of approximately $1.2 billion and over 50 locations serving eastern North Carolina. More information about the Bank is available on the Internet at southernbank.com. |