Raleigh, NC. . . North State Bank executive vice president and chief operations officer Sandra Temple announced that Prudy Frederick has been named senior vice president for North State Bank.
“Prudy has been a tremendous asset to our bank since she joined in 2005,” said Temple. “As marketing director, she has developed several programs to enhance our efforts of expansion and growth throughout Wake County and other markets. I am pleased to announce this well-deserved promotion.”
A native of Goldsboro, North Carolina, Frederick earned a bachelor of science degree in business administration from the University of North Carolina at Chapel Hill. Prior to joining North State Bank, she served as a segment marketing manager for Genworth Financial. She also previously worked as head of product management with First Citizens Bank, Triangle Bank and Central Carolina Bank, now SunTrust Bank.
Founded in 2000, North State Bank is a full-service community bank, serving Wake and New Hanover counties through six full-service Wake County offices, and one loan production office in Wilmington. The headquarters is at The Circle at North Hills, and full-service offices are located on Falls of Neuse Road in north Raleigh, and Common Oaks Drive in the Wakefield area near Wake Forest, N.C. and on Blue Ridge Road in Raleigh, on Highway 70 West in Garner, and on W. Martin Street in downtown Raleigh. A full-service office in Wilmington will open on Eastwood Road in January 2008.
###
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.
(back)
