Anchor Financial Corp. announces plans for expansion to Wilmington.MYRTLE BEACH, S.C.--(BUSINESS WIRE)--Sept. 21, 1995--Anchor Financial Corp. today announced that its subsidiary, The Anchor Bank of North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. , has leased offices at 802 South College Rd. and 3212 Oleander oleander: see dogbane. oleander Any of the ornamental evergreen shrubs of the genus Nerium (dogbane family), which have poisonous milky juice. Numerous varieties of flower colour in the common oleander, or rosebay (N. Dr. in Wilmington, N.C., with plans to open branch offices at each site. These locations will represent the North Carolina bank's fourth and fifth banking offices, and the corporation's 17th and 18th offices in the coastal Carolinas. The College Road location is expected to open in December and the Oleander Drive location will open during the first or second quarter of 1996. The establishment of both branches is subject to approval by state and federal bank regulatory agencies regulatory agency Independent government commission charged by the legislature with setting and enforcing standards for specific industries in the private sector. The concept was invented by the U.S. . In making the announcement, Stephen L. Chryst, president and chief executive officer of Anchor Financial Corp., said: "The addition of the offices in Wilmington fits in well with our coastal franchise that extends from Jacksonville, N.C. to Hilton Head Island Hilton Head Island An island off the southern coast of South Carolina in the Sea Islands of the Atlantic Ocean. It is a popular tourist resort. The town of Hilton Head Island, on the northeast coast, has a population of 35,200. , S.C. Wilmington is a large and diverse market and we are delighted to play a role in its continued success." David E. Buffaloe, president of The Anchor Bank of North Carolina said: "We look forward to bringing our community bank service, strong local focus and commitment to Wilmington customers. We will play an active role in the community." Anchor Financial Corp., a $400 million bank holding company headquartered in Myrtle Beach, is the parent of The Anchor Bank and The Anchor Bank of North Carolina. The Anchor Bank was founded in 1974 and has offices in Little River, North Myrtle Beach, Myrtle Beach, Surfside Beach Surfside Beach may refer to:
CONTACT: Anchor Financial Corporation, Myrtle Beach Barbara W. Marshall, 803/946-3107 KEYWORDS: SOUTH CAROLINA South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. NORTH CAROLINA INDUSTRY KEYWORD: BANKING REPEATS: New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of 212-575-8822 or 800-221-2462; Boston 617-236-4266 or 80 |
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