RALEIGH, N.C., Jan. 19, 2017 /PRNewswire/ -- Senior Vice President Stacy R. Reedy has been named chief financial officer (CFO) for North State Bank (the "Bank") announced Larry D. Barbour, president and CEO. Reedy joined the bank in 2013, most recently serving as general auditor and chief risk officer.
"Stacy is an integral part of North State Bank, and she brings to this position a unique depth of knowledge of both the industry and risk management," commented Barbour. "Her financial acumen is exceptional and she had the privilege of working with and learning from our previous CFO, Kirk Whorf, who has transitioned into retirement. She is the right person to build on the bank's solid foundation as we continue our pursuit of being the strongest community bank in the Triangle and beyond."
A certified public accountant, Reedy started her banking career in the mid-2000s as an audit manager for Dixon Hughes Goodman LLP in Raleigh, North Carolina, where she was responsible for managing all phases of audit engagement. Reedy holds both a bachelor's degree and a master's degree in accounting from Appalachian State University in Boone, North Carolina.
Founded in 2000, North State Bank is a full-service community bank serving Wake and New Hanover counties through seven full-service offices, and is the parent company of North State Bank Mortgage and CommunityPLUS.
This news release may contain forward-looking statements. Actual results might differ materially from those projected in the forward-looking statements for various reasons, including our ability to manage growth, changes in real estate values and the real estate market, regulatory changes and increased deposit insurance assessments, economic conditions, changes in interest rates, substantial changes in financial markets, loss of deposits and loan demand to other savings and financial institutions and our limited operating history.
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SOURCE North State Bank