Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. ![]() The discussions included in this document and its exhibits may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933. Our slogan says it all: We get the job done!ĭisclosures About Forward-Looking Statements ![]() Stearns specializes in nationwide small business lending and equipment financing with a history delivering outstanding customer service and the ability to deliver fast decisions with customized finance solutions. Stearns Bank continues to extend the foundation of excellence with bank locations in Minnesota, Arizona, and Florida. Founded in 1912, CEO Norm Skalicky has led SFSI since 1964. (SFSI) is a $1.9 billion well-capitalized, independent financial holding company based in the Midwest. For further information, visit the Company’s website About Stearns Financial Services, Inc. The Company also operates loan production offices in Asheville, NC and Clemson, SC. The Company’s shares began trading on the NASDAQ Global Market on Octounder the symbol “ENFC”.Įntegra Bank operates a total of 17 branches located throughout the Western North Carolina counties of Cherokee, Haywood, Henderson, Jackson, Macon, Polk and Transylvania, Upstate South Carolina counties of Anderson, Greenville, and Spartanburg and Northern Georgia county of Pickens. The acquired branches opened as Entegra Bank branches on the morning of February 27, 2017.Įntegra Financial Corp. In October 2016, Entegra entered into an agreement with Stearns Bank National Association to purchase the two branches. This transaction continues our strategy of leveraging our capital and building a strong deposit base in rural markets.” We look forward to providing our customers with an expanded set of products and services from the same familiar faces they have come to know over the years. Entegra acquired approximately $153 million in customer deposits.Ĭommenting on the transaction, Roger Plemens, President and Chief Executive Officer of Entegra, stated, “We are happy to welcome our new customers to the Entegra family as we expand our franchise into northern Georgia. (NASDAQ:ENFC) (“Entegra”), today announced that it has completed the previously announced acquisition of two branches in Jasper, Georgia from Stearns Bank National Association, the wholly-owned subsidiary of Stearns Financial Services, Inc. 27, 2017 (GLOBE NEWSWIRE) - Entegra Bank, the wholly-owned subsidiary of Entegra Financial Corp. * this review was made on First-Citizens Bank & Trust Company, Preston Branch at Cary, NCģ of 4 people found this review helpful.FRANKLIN, N.C., Feb. * this reviewer has be with this bank for >10 years The hid behind the local process of efficiency. Matt the branch manager and Nikki the operations supervisors were not interested in helping resolve the problem. They offer no help to figure out the problem. What business not not validate deposits for accuracy at the time of deposit ? If their is a variance, they do not call the customer the same day to discuss and fix it. If there are more than 5 items, they scan the data in several times a day. ![]() A local process is not to confirm the accuracy of a deposit. I have to reconcile my account to validate the charge and seek reimbursement. While they confirm a stop payment will be waived, it still occurs. I have had several issues over the last couple of months with this branch.
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