Raleigh, N.C. - North State Bank President and CEO Larry Barbour announced that Bill Wiley has been named senior vice president and chief risk officer/internal auditor for North State Bank.
"I have full confidence in Bill leading our bank in the capacity of chief risk officer and internal auditor. The combination of his knowledge of policies and procedures and his strong work ethic is a great asset to our bank. I look forward to seeing positive results from Bill's efforts," said Barbour.
Wiley has over 20 years of experience in internal bank auditing and came to North State Bank from Wachovia, where he served as senior vice president and internal audit manager. A native of Ft. McPherson, Georgia, Wiley graduated from North Carolina State University and BAI Graduate School of Banking in Madison, Wisconsin. Wiley is a Certified Bank Auditor and has served on the Bedford Family YMCA Board of Directors and the Triangle Chapter of the Institute of Internal Auditors. He and his wife, Ruth, live in Raleigh. They have three children and one grandchild.
Founded in 2000, North State is a full-service community bank, serving Wake County through five offices: the headquarters and full-service office at North Hills on Six Forks Road, full-service offices on Falls of Neuse Road in Raleigh, Blue Ridge Road in West Raleigh, and Highway 70 West in Garner, as well as the loan production office at Wakefield Corporate Center near Wake Forest, NC.
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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, our limited operating history, substantial changes in financial markets, regulatory changes, changes in interest rates, loss of deposits and loan demand to other savings and financial institutions, and changes in real estate values and the real estate market. 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.
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