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North State Bank Acquires Mortgage Operations of

By TechAgreements

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RALEIGH, N.C…North State Bank has completed the acquisition of the mortgage operations of Raleigh-based Affiliated Mortgage, announced Larry Barbour, president and CEO for North State. The agreement was finalized on February 12, 2010, creating a new division of the bank- North State Bank Mortgage. Ken Sykes, former managing partner for Affiliated, will serve as division president.

Full post as published by TechAgreements on February 16, 2010 (boomark / email).

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