Raleigh, NC. . . Reginald L. “Rick” Dupree and John E. Lawton have been named to the Raleigh Advisory Board for North State Bank, announced Larry D. Barbour, president and CEO for North State.
Dupree, a certified public accountant, is president and principal of the accounting firm Stancil & Company in Raleigh, NC. He also serves as the treasurer for the Triangle Multiple Sclerosis Society and Chair of the State Practice Management Committee. In the past, Dupree has served as the president of the Fuquay-Varina Rotary Club and the Bentwinds Country Club. He is a native of Coats, NC, and resides in Fuquay-Varina with his wife, Elizabeth.
Lawton is president of HRW, Inc., a firm that manages a portfolio of more than 21,000 homes valued at approximately $3.5 billion, including condominium, cooperative, townhome, and homeowner associations. He also serves as executive vice president of MeadowManagement Inc., a property management company in southeast Michigan. Lawton serves as vice-chairman of the National Board of Certification for Community Association Managers, and previously served on the Board of Governors of the Registered Cooperative Management Program as well as the Community Associations Institute of the Carolinas. He is credited with published papers on strategic and long range planning as well as maintenance and security.
“We are pleased to have two professionals with such a commitment to community contribute to the leadership of North State Bank,” said Barbour. “The Raleigh market is critical to our bank’s success and we rely on the input of active community members, such as Rick and John, to align our bank with local needs.”
North State Bank is a full service community bank with more than $200 million in assets. Headquartered in Raleigh, the Bank currently serves Wake County with two offices, one in Raleigh and one in Garner. The bank recently held a ground breaking ceremony for a new, expanded facility in Garner at 835 Highway 70E.
www.northstatebank.com
This news release may contain forward-looking statements. The actual results might differ materially from those projected in the forward-looking statements for various reasons, including 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 Bank's FDIC filings, including its periodic reports under the Securities Exchange Act of 1934, as amended, copies of which are available upon request from the Bank.
(back)
