Company News



North State Bank Receives Certificate of Recognition from ABA for Annual Summer Salute for Hospice Event
2010-03-15

RALEIGH, N.C…North State Bank was nationally recognized for its contributions to the community at the American Bankers Association National Conference for Community Bankers in Hollywood, Florida, on February 23, 2010.
 
North State Bank was awarded a Certificate of Recognition for hosting the annual North State Bank Summer Salute for Hospice of Wake County event. In just six years, the event has raised $743,000 for Hospice- the nonprofit organization’s largest single fundraiser.
 
The award was given to the entire North State Bank team for the positive impact the program has had on the community.
 
"We are honored to receive recognition for our commitment, passion and leadership in Wake County throughout the year," commented Sandra Temple, executive vice president for North State and Summer Salute co-chair. "North State Bank, its employees and the Summer Salute planning committee and volunteers have distinguished themselves for their longstanding commitment of giving back to this community."
 
Through the ABA Community Bank Award Program, ABA honors institutions that have taken an innovative, creative and effective approach to making a difference in their community.
 
For more information on North State Bank or the Summer Salute event, visit www.northstatebank.com.
 
Founded in 2000, North State Bank is a full-service community bank serving Wake and New Hanover counties through seven full-service offices and Carteret County through one loan production office.
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North State Bancorp is listed on the OTC electronic bulletin board under the symbol "NSBC".
www.northstatebank.com
This news release contains forward-looking statements. The actual results might differ materially from those projected in the forward-looking statements for various reasons, including our ability to manage growth, changes in real estate values and the real estate market, regulatory changes and increased deposit insurance assessments, economic conditions, changes in interest rates, substantial changes in financial markets, loss of deposits and loan demand to other savings and financial institutions and our limited operating history. Additional information concerning factors that could cause actual results to materially differ from those in the forward-looking statements is contained in the Company's SEC filings, including its periodic reports under the Securities Exchange Act of 1934, as amended, copies of which are available upon request from the Company and at www.northstatebank.com.