NEWS RELEASE
For more information, contact:
Amanda M. Lloyd
Executive Vice President and Chief People Officer
ALloyd@NorthStateBank.com
919.855.9925
February 24, 2020
RALEIGH, N.C. . . . North State Bank (the “Bank”) named Christopher Frederick as commercial loan portfolio manager for the West Raleigh office, announced Amanda Lloyd, executive vice president and chief people officer.
Frederick will support the lending needs of business customers. He joins North State with over 15 years of financial services experience, in roles such as business banker, commercial underwriter and portfolio manager. He previously worked for Central Carolina Bank and Trust (now SunTrust) and PNC.
“Christopher has a wealth of experience in lending, having worked in both customer-facing and behind- the-scenes roles,” commented Lloyd. “He’s an excellent fit for the rapidly growing West Raleigh area which is home to a wide variety of health and wellness, museum, research, entertainment and education destinations along the Blue Ridge Corridor.”
A native of the Raleigh area, Frederick is a graduate of the University of North Carolina Wilmington, where he earned a Bachelor of Science in Business Administration with a concentration in economics and marketing.
“I enjoy learning how customers turned their vision into a successful company,” shared Frederick. It takes drive and a bit of grit to put form around a vision and make it a business. I have a passion for studying trends and metric data and leveraging that information to help customers on their journey.”
Founded in 2000, North State Bank is an independent, full-service community bank serving Wake and New Hanover counties through seven offices and serves the community management association industry through its division, CommunityPLUS. In 2020, the Bank marks its 20th year in business.
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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.
