June 19, 2013 9:49 AM ET

Commercial Banks

Company Overview of Carolina Bank (Greensboro NC)

Company Overview

Carolina Bank engages in lending and deposit gathering activities in North Carolina. The company offers personal and commercial accounts, such as checking accounts, including smart choice free checking, value checking, regular checking, NOW checking, student checking, money market checking, club, premier checking, platinum checking, free business checking, commercial checking, commercial sweep checking, and non-profit checking; money market accounts; savings accounts; certificates of deposit; and individual retirement accounts. It also provides additional services, such as automatic teller machines/ATM cards, VISA check cards, safe deposit boxes, telephone banking, credit cards, savings bond...

Detailed Description

2604 Lawndale Avenue

Greensboro, NC 27408

United States

Founded in 1996

Phone:

336-288-1898

Fax:

336-286-5553

www.carolinabank.com

Key Executives for Carolina Bank (Greensboro NC)

Chief Executive Officer
Age: 60
Chief Financial Officer and Executive Vice President
Age: 59
Division President
Age: 58
Assistant Vice President and Audit & Compliance Officer
Vice President and Business Development Officer
Compensation as of Fiscal Year 2012.

Carolina Bank (Greensboro NC) Key Developments

Carolina Bank Holdings Inc. and Carolina Bank Appoint Michael F. Bumpass as Board of Director

Carolina Bank Holdings Inc. appointed Michael F. Bumpass to its board of directors and to the board of directors of its subsidiary, Carolina Bank. Bumpass has served as President and Chief Executive Officer of the Guilford Merchants Association Inc. (formerly the Greater Greensboro Merchants Association) and FirstPoint for 24 years. Prior to that, he was Corporate Vice President of the Merchants Association of Florida Inc. Mr. Bumpass attended East Carolina University where he majored in Business. Bumpass' industry activity has included serving on the Board of Directors of both the American Collectors Association and the Consumer Data Industry Association Inc., serving as Chairman in 1998. He was the 1990 Dean of the Southern Management Institute at Florida State University. He is past Chair of Associated Credit Bureaus of North Carolina and Virginia and has served on the Board of Directors for the North Carolina Retail Merchants Association. He is also a past Chairman of the Board for Budget Counseling and Education Centers of North Carolina and past Chairman of ClearPoint Credit Counseling Solutions. Bumpass is a founding member of the Executive Committee of Downtown Greensboro Inc., served on the Advisory Board of the Self Help Credit Union of North Carolina, was 2010-2011 Campaign Chairman of the United Way, President Elect of The Old North State Council of the Boy Scouts of America and is Past Chairman of the Greensboro Sports Commission, the Greensboro City Club and Junior Achievement of Central North Carolina. He currently serves on the Board of Directors of the Greensboro Economic Development Alliance, the Wyndham Championship, Greensboro Sports Commission, High Point Chamber, and is past Chairman of the War Memorial Commission. He is a longtime member of the Greensboro Rotary Club. He also formerly served as a member of the Board of Visitors and the Corporate Relations Committee for UNCG, as well as the Board of Visitors for East Carolina University and the Greensboro BB&T Advisory Board. It is expected that Bumpass will serve on the Audit committee.

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