VIRGINIA BEACH, Va., Nov. 9, 2007 (PRIME NEWSWIRE) -- Gateway Financial Holdings, Inc. (Nasdaq:GBTS), the holding company for Gateway Bank & Trust Co., has announced the opening of its Wilmington, North Carolina financial center.
The newest financial center, which opened on November 7, 2007, is located at 901 Military Cut Off Road. D. Ben Berry, Chairman and Chief Executive Officer of Gateway Bank, stated, "Wilmington is a vital region of North Carolina. As a regional community bank we are excited about all the opportunities available in this fast-growing market. With our experienced team of employees we look forward to serving both the retail and commercial financial needs in this area."
About the Company
Gateway Financial Holdings, Inc. is the parent company of Gateway Bank & Trust Co., a regional community bank with a total of thirty-two full-service financial centers -- nineteen in Virginia: Virginia Beach (7), Richmond (6), Chesapeake (3), Suffolk, Norfolk and Emporia; and thirteen in North Carolina: Elizabeth City (3), Edenton, Kitty Hawk (2), Raleigh (2), Moyock, Nags Head, Plymouth, Roper, and Wilmington in addition to a private banking center in Raleigh. The Bank provides insurance through its Gateway Insurance Services, Inc. subsidiary, brokerage services through its Gateway Investment Services, Inc. subsidiary, and mortgage banking services through its Gateway Bank Mortgage, Inc. subsidiary. The common stock of the Corporation is traded on the Nasdaq Global Market under the symbol GBTS. For further information, visit the Corporation's web site at www.gwfh.com.