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Walter E. Williams Elected to Select Bancorp and Select Bank & Trust Board of Directors

October 30, 2012

Walter E. Williams Elected to Select Bancorp and Select Bank & Trust Board of Directors

Longtime Community Leader & Entrepreneur to Provide Additional Guidance

  

GREENVILLE, NC, October 30, 2012—Select Bancorp and Select Bank & Trust announced today the appointment of Walter E. Williams to the holding company and the bank’s Board of Directors.  A successful entrepreneur and longtime leader, Mr. Williams will bring both guidance and insight to the board.

                Williams earned his BS and MA degrees in Administration from East Carolina University, to whom he has remained an ardent booster and supporter since graduating in 1955. His contributions have earned him multiple honors, including a basketball arena, strength and conditioning center and the baseball stadium jungle that bear his namesake along with several awards for serving the community as an “Outstanding Alumni.” Mr. Williams spent the early portion of his career with Taylor Oil Co. in Winston-Salem, N.C. where he was employed for 29 years before founding Trade Oil Company in 1984.  Trade Oil now manages over 102 gas and convenience stores and operates under the name of WilcoHess, LLC.  Mr. Williams still serves as the President of Trade Oil Co. and the Vice President of WilcoHess.  As part of an ongoing commitment to his community, Williams has served or currently serves on the board of directors for the ECU Educational Foundation, PCC, the Salvation Army Advisory Board and the Immanuel Baptist Board of Deacons, as well as numerous others. He still resides in Greenville with his wife Marie and is father and grandfather to two children and six grandchildren, respectively.

                “We’re proud to welcome to our Board of Directors a figure that has not only been successful in his own business endeavors but has been a beacon in the Greenville/Pitt County and Eastern North Carolina community,” stated Select Bank & Trust CEO, Mark Holmes.  “Walter will bring wisdom and expertise to our board and we look forward to working with him to provide a unique banking experience to all of our customers.”

Select Bank & Trust, a wholly-owned subsidiary of Select Bancorp, is a community bank headquartered in Greenville, NC and serves Greenville/Pitt County through its headquarters office at 3600 Charles Boulevard, a second Greenville location at 3800 East Tenth Street, Elizabeth City/Northeastern North Carolina from 104 Nance Court just off Halstead Boulevard, Washington/Beaufort County from 155 North Market Street, Suite 103 in downtown Washington, Gibsonville/Eastern Triad from 220 Burlington Street in downtown Gibsonville, NC and Burlington/Alamance County from 523 South Worth Street in downtown Burlington, NC. For more information, visit www.selectbankandtrust.com.