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NewBridge Bank to Open Banking Office in Charlotte

February 8, 2013

GREENSBORO, N.C. – NewBridge Bank will open a 6,000 square foot banking office in Charlotte’s SouthPark neighborhood and business district. The new office will be located on the ground floor of the Carnegie VIII building at 5925 Carnegie Blvd. NewBridge Bank currently operates a Charlotte loan production office focused on commercial lending and mortgage banking services. When the new, full-service banking office opens later this year, the Bank will relocate its existing commercial and mortgage banking teams to the new office.  

“Charlotte is not only the largest metropolitan area in North Carolina, but also one of the fastest growing regions in the state and the country,” said David P. Barksdale, Senior Executive Vice President and Chief Banking Officer for NewBridge Bank. “We opened our loan production office in Charlotte last summer, and its early success exceeded our expectations. Transitioning our experienced banking professionals to a full-service office allows NewBridge Bank to provide comprehensive financial services to clients in all major growth regions of North Carolina, which also include the Piedmont Triad, Raleigh and Wilmington markets.”  

Unlike its current loan production office, the new full-service banking office will accept deposits allowing NewBridge Bank to serve clients’ comprehensive financial needs, including traditional retail and commercial banking, treasury services, private banking, wealth management, and mortgage banking services. The lobby, conference rooms and offices will be designed to complement the professional and metropolitan setting of SouthPark and the greater Charlotte-Mecklenburg region.  

Tim Ignasher, Senior Vice President and Charlotte City Executive, will continue to lead the Bank’s presence in the Charlotte area. Philip Chandler, Senior Vice President and Commercial Banker; Kevin Kennelly, Vice President and Commercial Banker; Becky Berolatti, Vice President and Treasury Services Specialist; and Miriam Hood Carroll, Assistant Vice President and Commercial Underwriter, will continue serving the banking needs of businesses and professionals, while Chuck Wingo, Vice President and Regional Sales Manager, will continue to lead the Bank’s mortgage banking efforts in the western half of the state. 

With over 25 years of experience, Ignasher is an accomplished commercial banker and highly qualified leader. He is responsible for developing new client relationships in Charlotte and surrounding communities while also managing the loan portfolio of the branch. In past positions Ignasher has been responsible for managing a portfolio, credit administration and regulatory needs for a $190 million community bank and for leading a team of commercial bankers spanning three counties around Charlotte. 

Chandler continues to develop new client relationships and be responsible for managing the financial partnerships of a portfolio of commercial clients located in the Charlotte area. He has 15 years of experience and is skilled in managing all aspects of the lending function including business development, analyzing, structuring, negotiating, and closing commercial loans.  

Kennelly is also responsible for developing and managing client relationships. He has over 10 years of capital markets, underwriting and lending experience. His portfolio management has included a broad array of commercial real estate, medical, and commercial and industrial clients.  

Berolatti supports the commercial banking team to build comprehensive financial partnerships with clients. She manages the office’s deposit relationships and works directly with clients to ensure superior levels of operational efficiency.  

Miriam Hood Carroll leverages her experience underwriting manufacturing, distribution, and service companies, as well as non-profits and multiple types of commercial real estate, to help clients build successful financing solutions. She also actively participates in client calling with the commercial banking team. 

Wingo leads the Charlotte, Raleigh and Piedmont Triad areas’ mortgage banking teams to provide residential mortgage lending services to clients.  He has 25 years of mortgage banking experience and has been a leader within NewBridge Bank’s mortgage banking group since joining the Bank in 2010. 

“This will be a unique office designed for a thriving business community,” said Ignasher. “Philip Kevin, Becky, Miriam and Chuck will bring unprecedented client service and financial expertise directly to professionals’ and business owners’ workplaces. When convenient for them, clients will be welcome to meet us in our new office which will be specifically designed to support their comprehensive financial partnership with NewBridge Bank.” 

About NewBridge Bank

NewBridge Bank is a full-service, state-chartered community bank headquartered in Greensboro, North Carolina and is one of the largest community banks in the state. NewBridge Bank serves small to midsize businesses, professionals and consumers with a comprehensive array of financial services, including retail and commercial banking, private banking, wealth management, and mortgage banking. NewBridge Bank has assets of approximately $1.7 billion with 38 locations throughout North Carolina. The stock of NewBridge Bancorp, the Bank’s parent company, trades on the NASDAQ Global Select Market under the symbol “NBBC.”

Contact:
Jillian Gibson
Director of Marketing
336-369-0916