Raleigh, NC…Lyle D. "Chip" Finley has been named vice president and director of wealth management for North State Bank, announced Larry D. Barbour, president and CEO.
"We are fortunate to have Chip join our banking team," said Barbour. "Our customers will benefit from his investment experience in the areas of financial planning, estate planning and retirement planning."
Prior to joining North State, Finley worked as an investment consultant with Central Carolina Bank (now SunTrust) for nine years. He is a member of the Knights of Columbus and is President-elect of the St. Raphael Catholic School Booster Club. A graduate of The Citadel, he holds a bachelor of arts in psychology; he received his master's in management from Troy State University. Chip, his wife Lisa, and their two sons live in Raleigh.
Wealth management services are offered through a partnership with Capital Investment Companies, one of the largest independent financial services and brokerage firms in the Southeast. The partnership will give North State customers and others access to a full range of securities brokerage services, including financial planning, professional money management, insurance and estate planning, stocks, bonds, mutual funds, annuities and more.
Founded in 2000, North State Bank is a full service community bank, currently serving Wake County through five offices: a headquarters and new banking office at North Hills in Raleigh, full-service offices on Falls of Neuse Road and Blue Ridge Road in Raleigh, a full-service office on Highway 70 West in Garner, and a loan production office at Wakefield Corporate Center in Wake Forest. North State Bancorp, the holding company for North State Bank, ended first quarter 2005 with $322 million in assets.
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North State Bancorp is listed on the OTC electronic bulletin board under the symbol "NSBC."
www.northstatebank.com
The information as of and for the quarter ended March 31, 2005 as presented is unaudited. 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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