Raleigh, NC. . . North State Bank executive vice president and chief operations officer Sandra Temple announced that Jeffery Billingsley has been named senior vice president for North State Bank.
“Jeff assumed the role of our North Hills market executive position earlier this year and has represented our bank well in this market,” said Temple. “Jeff is a natural leader, and I anticipate strong results from our North Hills office under Jeff’s leadership and guidance.”
Billingsley comes to North State Bank from SunTrust Bank, where he served as vice president and commercial banker. A native of Fuquay-Varina, North Carolina, he earned a bachelor of science in business administration from Fayetteville State University. An active member of the community, Jeff serves as chairman of the 10-Year Action Plan to End Homelessness in Wake County.
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.
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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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