Office of the Commissioner of Banks

NEWS RELEASE RAY GRACE COMMISSIONER OF BANKS

RELEASE: IMMEDIATE DATE: 8/21/2014 CONTACT: HA NGUYEN DISTRIBUTION: STATEWIDE PHONE: 919/733-3016

RALEIGH --- The State Banking Commission convened its regular meeting on Wednesday, August 20, 2014, at 9:00 A.M. in the Hearing Room of the Office of the Commissioner of Banks, 316 W. Edenton Street, Raleigh, North Carolina.

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The following was approved:

1. Application from First-Citizens Bank & Trust Company, Raleigh, North Carolina, to merge with and be the survivor of said merger with First Citizens Bank and Trust Company, Inc., Columbia, .

2. Proposed Revisions of Trust Rules

Since the last regular meeting (5/21/2014), the Commissioner of Banks has approved the following pursuant to APA Rules:

Approved under 4 NCAC 3C .0201 – Establishment:

Application by Branch Banking and Trust Company, Winston-Salem, North Carolina, for authority to establish its Harrisburg Branch, 6800 Harrisburg Boulevard, Houston, Harris County, Texas.

Application by Branch Banking and Trust Company, Winston-Salem, North Carolina, for authority to establish its Winter Garden Village Branch, 3106 Daniels Road, Winter Garden, Orange County, Florida.

Application by Branch Banking and Trust Company, Winston-Salem, North Carolina, for authority to establish its Concord-Downtown Branch, 818 North Church Street, Concord, Cabarras County, North Carolina.

Application by Branch Banking and Trust Company, Winston-Salem, North Carolina, for authority to establish its Wynnton Branch, 1234 First Avenue, Columbus, Muscogee County, .

316 W. Edenton Street, Raleigh, North Carolina 27603 919/733-3016 Telefax: 919/733-6918

Application by Branch Banking and Trust Company, Winston-Salem, North Carolina, for authority to establish its Wolfe Street Branch, 101 North Wolfe Street, Baltimore, Maryland.

Application by Coastal Bank & Trust, Jacksonville, North Carolina, for authority to establish its Holly Ridge Branch, 300 US Highway 17 N, Holly Ridge, Onslow County, North Carolina.

Application by Park Sterling Bank, Charlotte, North Carolina, for authority to establish its Richmond Branch, 9020 Stony Point Parkway, Suite 350, Richmond, Richmond City, .

Approved under Authority of Rule 4 NCAC 3C .0301– Relocation:

Application by Branch Banking and Trust Company, Winston-Salem, North Carolina, for authority to relocate its Hayfield Branch, 7716 Telegraph Road, Alexandria, Fairfax County, Virginia, to 7915 Heneska Loop, Alexandria, Fairfax County, Virginia.

Application by Branch Banking and Trust Company, Winston-Salem, North Carolina, for authority to relocate its Johns Island Branch, 190 Seabrook Island Road, Johns Island, Charleston County, South Carolina, to 340 Freshfields Drive, Johns Island, Charleston County, South Carolina.

Application by Branch Banking and Trust Company, Winston-Salem, North Carolina, for authority to relocate its Morehead City Plaza Branch, 2905 Bridges Street, Morehead City, Carteret County, North Carolina, to 2806 Arendell Street, Morehead City, Carteret County, North Carolina.

Application by Branch Banking and Trust Company, Winston-Salem, North Carolina, for authority to relocate its Morgantown Main Branch, 496 High Street, Morgantown, Monongalia County, West Virginia, to 493 Spruce Street, Morgantown, Monongalia County, West Virginia.

Application by First-Citizens Bank & Trust Company, Raleigh, North Carolina, for authority to relocate its Fort Bragg Main Branch, Reilly Road, Building 41571, Fort Bragg, Cumberland County, North Carolina, to 2569 Reilly Road, Fort Bragg, Cumberland County, North Carolina.

Application by First-Citizens Bank & Trust Company, Raleigh, North Carolina, for authority to relocate its Electric Road Branch, 3862 Electric Road, Roanoke, Roanoke County, Virginia, to 3846 Electric Road, Roanoke, Roanoke County, Virginia.

Application by The Fidelity Bank, Fuquay-Varina, North Carolina, for authority to relocate its Rockingham Main Branch, 202 East Washington Street, Rockingham, Richmond County, North Carolina, to 532 East Broad Avenue, Rockingham, Richmond County, North Carolina.

316 W. Edenton Street, Raleigh, North Carolina 27603 919/733-3016 Telefax: 919/733-6918

Application by Yadkin Bank, Elkin, North Carolina, for authority to relocate its South Park Branch, 4500 Cameron Valley Parkway, Charlotte, Mecklenburg County, North Carolina, to 6201 Fairview Road, Charlotte, Mecklenburg County, North Carolina, and rename branch Fairview Road Branch.

Notice of Closings under 4 NCAC 3C .02:

Notification of intent by Bank of North Carolina, High Point, North Carolina, to close its Brevard Branch, 130 S. Broad Street, Brevard, Transylvania County, North Carolina.

Notification of intent by Bank of North Carolina, High Point, North Carolina, to close its Chapel Hill Office, 504 Meadowmont Village Circle, Chapel Hill, Orange County, North Carolina.

Notification of intent by Branch Banking and Trust Company, Winston-Salem, North Carolina, to close its Lake Mary Office, 1045 Primera Boulevard, Lake Mary, Seminole County, Florida.

Notification of intent by Branch Banking and Trust Company, Winston-Salem, North Carolina, to close its Duncan Branch, 126 West Main Street, Duncan, Spartanburg County, South Carolina.

Notification of intent by Branch Banking and Trust Company, Winston-Salem, North Carolina, to close its Central Avenue Branch, 5885 Central Avenue, St. Petersburg, Pinellas County, Florida.

Notification of intent by Branch Banking and Trust Company, Winston-Salem, North Carolina, to close its Sully Station Branch, 5105 Westfield Boulevard, Centreville, Prince William County, Virginia.

Notification of intent by First-Citizens Bank & Trust Company, Raleigh, North Carolina, to close its Verona Branch, 349 Lee Highway, Verona, Augusta County, Virginia.

Notification of intent by First-Citizens Bank & Trust Company, Raleigh, North Carolina, to close its Holly Square Branch, 1609 West Eringhaus Street, Elizabeth City, Pasquotank County, North Carolina.

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316 W. Edenton Street, Raleigh, North Carolina 27603 919/733-3016 Telefax: 919/733-6918