Carolina Fincorp, Inc. Announces Opening of Full Service Branch Office.ROCKINGHAM, N.C.--(BUSINESS WIRE)--Oct. 9, 1998--Carolina Fincorp, Inc.'s (Nasdaq:CFNC CFNC College Foundation of North Carolina CFNC Coalescence Filtration Nanomaterials Consortium ) wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Richmond Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. , Inc., SSB SSB Statistisk Sentralbyrå (Statistics Norway) SSB Super Smash Bros (video game) SSB Space Studies Board SSB Single Side Band SSB Single Stranded DNA-Binding Protein SSB Salomon Smith Barney , announced that on Sept. 30, 1998, a ribbon cutting ceremony A ribbon cutting ceremony is a public ceremony conducted to inaugurate the opening to the general public of a new building or business. Often, it is conducted in just the manner the name suggests: by tying a ceremonial ribbon across the main entrance of the building, which was held for the opening of its fourth full service branch office at 103 McRae Street, Laurinburg, N.C. Prior to opening this new branch office, Richmond Savings Bank operated a loan production office at 800 Atkinson Street since 1989. The new office will provide a full range of business and personal banking services to the existing customers as well as an additional option for banking services to the citizens and businesses in Scotland County. In addition to opening the new branch office, a free standing ATM machine at the corner of South Main Street and Ford Drive and located between Holly Square, Westwood and Scotland Crossing shopping centers has been installed which is both easily accessible and convenient for Richmond Savings Bank's customers and the general public. Chartered in 1906, Richmond Savings Bank serves Richmond, Moore and Scotland Counties with branch offices in Rockingham, Ellerbe, Southern Pines and Laurinburg, N.C. The common stock of Carolina Fincorp, Inc. is qualified for quotation on the Nasdaq National Market under the symbol "CFNC". |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion