Raleigh, NC. . . North State Bank’s 2007 Summer Salute for Hospice of Wake County raised $128,000, announced Larry D. Barbour, president and CEO for North State Bank. This brings the event’s four-year total to $483,000. All proceeds benefit Hospice of Wake County.
“Our bank is deeply committed to the communities we serve,” said Barbour. “Giving back to Hospice of Wake County is a true honor for us, as the organization continues to serve the families of Wake County, giving meaning and quality to end of life. I am grateful to our dedicated sponsors, event attendees, planning committee and volunteers who helped make our fourth Summer Salute a huge success. I look forward to our fifth year of hosting the event, as we approach $500,000 in proceeds to Hospice.”
The event was held on June 2 at North Ridge Country Club, and guests danced the night away to beach music tunes sung by Raleigh’s own,
The Embers. Contributions were raised through sponsorships, ticket sales, a raffle, an auction and other donations.
Hospice of Wake County will use the money raised to help fund their indigent patient care fund, which helps to cover the cost of the salaries of professional staff, the purchase of prescription medications for patients, rental of durable medical equipment, and emergency assistance.
Summer Salute gold sponsors included Barton Development Group, Caddell Communications, PPM, Inc., Red Star Oil, Inc., Stancil and Company, Steel Dynamics, and Wake Nephrology Associates, PA, Wakefield Hotels, LLC/ Hema and Nick Shah/Gail and Hal Perry.
Founded in 2000, North State is a full-service community bank, serving Wake and New Hanover counties through five full-service Wake County offices and through one loan production office in New Hanover County. Plans are being developed to open a new full-service office at 16 W. Martin Street in downtown Raleigh in the third quarter 2007. Construction is underway for a full-service office at 1411 Commonwealth Drive in Wilmington to open in the fourth quarter 2007.
Hospice of Wake County has provided compassionate end-of-life care to the people of Wake County for 28 years. The largest and most experienced private, nonprofit hospice agency in the area, Hospice strives to promote and improve the community’s quality of living and dying through advanced care planning, comfort care, hospice care, and bereavement services. Hospice’s philosophy is that every individual deserves the quality of life that he or she wants near life’s end.
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North State Bancorp is listed on the OTC electronic bulletin board under the symbol "NSBC."
www.northstatebank.com
Hospice of Wake County
www.hospiceofwake.org
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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