The American Civil Liberties Union and ACLU of North Carolina Legal Foundation filed a lawsuit on behalf of three Rowan County residents demanding that the board of commissioners stop its practice of opening government meetings with prayers that were specific to one religion.
Tag Archives: NC
HELP with widely varying quotes for RH issue in crawlspace
By darkman12
Sorry for the long post but quite troubling and potentially quite costly so bear with me!!
##Here is the issue:
New hardwoods installed in April 2013 onto subfloor that was previously rug, laminate. The wood began to cup in July with the intense rain and high RH we get in NC.
##Floor Installers Inspection:
–Floor guy came, willing to resurface but we went into crawl space to determine possible cause.
–Found that RH was 15-20% greater than in the house (all readings in the house were “superb”). We also observed the following:
–We saw several small “puddles” on the barrier, nowhere near the foundation with no signs of water/puddles on any place near the foundation or vents.
–No noticeable leaks.
–The barrier was ripped in several places, failed to meet at any point on the foundation and had no overlap greater than 2″ where sheets met.
–Vents were open and at grade level in 3/6 locations.
I had 2 guys come to give estimates on correcting the RH issue to solve the cupping.
#Est 1:
Owns a crawlspace sealing company and says the only option to get the humidity down is to install the entire “system” that runs $7-10K. It includes wrapping in 20mil, installing French drains, poly on walls, sealing vents and a sump pump.
##Est 2:
He first went into space with me and pointed out a few things:
–A/C has 2 places that act as “joiners” to the duct work with significant water droplets coming from these boxes.
–All the ducts had condensation that worsened significantly the closer they got to the units and, of course, had puddles in areas right under the ducts.
–His price was $800 that included: re-laying a new 6mil barrier to the walls with proper overlap, sealing vents, wrapping the units with insulation to reduce/eliminate source of water, and wiping down all mold on ducts with antimicrobial. He actually told me I should do it myself because it was not that bad of a job and mold was “mild” (he works for Servepro-like Mon-Fri).
I am leaning towards the second option as it seems to make more “sense” to me and, of course I want it to given how much money option 1 is.
I want to be confident that I am not missing anything here or failing to ask any major questions.
Thanks for any help you can give.
Source: DoItYourself.com
Nike pulls Panthers shirt with wrong Carolina
By Darren Rovell Nike said it has removed an embarrassing geographical error from circulation. The T-shirt, which started to gain traction after it was pointed out on Twitter, had a Carolina Panthers logo with the letters “NC” inside an outline of South Carolina. …read more
Source: FULL ARTICLE at ESPN Headlines
Social worker pleads guilty in NC child's death
A North Carolina social service worker is pleading guilty to trying to cover up the agency’s role after a child’s death.
Thirty-year-old Candice Lassiter is pleading guilty to three counts of forgery related to the police investigation of 15-month-old Aubrey Kina-Marie Littlejohn’s 2011 death.
Lassiter is being sentenced in August. But she agreed Monday that she would provide critical information as police continue to investigate the case.
A trial is being postponed for Craig Smith, another Swain County social worker charged in the cover up.
Prosecutors say that after Aubrey’s death, Lassiter ordered Smith, a subordinate, to falsify records to make it appear that the department had done a thorough job investigating allegations that the girl had been abused.
The girl’s great aunt has pleaded guilty in the child’s death.
From: http://feeds.foxnews.com/~r/foxnews/national/~3/SoeoV6uGU3c/
Home invasion suspects killed in gunfight with NC homeowner
Two men suspected of attempting to invade a home in North Carolina Friday died after a gunfight with the homeowner.
Fayetteville Police tell WTVD both robbery suspects fled the home after the exchange of gunfire. One of the suspects, 25-year-old Dominik Council, was found dead on the side of the road nearly two hours after the incident.
The other suspect, 20-year-old Xavier White, was found wounded and transported to an area hospital, where he later died, according to the station.
Police said the homeowner, who was not identified, was injured during the gunfight. Details on the individual’s condition were not immediately available.
Police on Saturday identified 24-year-old Lamyer Campbell and 24-year-old Derek Hair as suspects in the attempted home invasion.
Click here for more from WTVD.
From: http://feeds.foxnews.com/~r/foxnews/national/~3/C3ekzxiYfLg/
Trials set for social workers in NC child's death
In a case that stunned this North Carolina community, trials are set to begin Monday for two social service workers accused of trying to cover up the agency’s role after a child’s death.
Candice Lassiter, 30, is charged with three counts each of obstruction of justice and forgery related to the police investigation of 15-month-old Aubrey Kina-Marie Littlejohn’s 2011 death. Craig Smith, 28, is charged with three counts of obstruction of justice in the death of the girl, a member of the Eastern Band of Cherokee Indians. Lassiter and Smith worked for the Department of Social Services in Swain County — where part of the Cherokees’ sprawling reservation lies.
Prosecutors say that after Aubrey’s death, Lassiter ordered Smith, a subordinate, to falsify records to make it appear that the department had done a thorough job investigating allegations that the girl had been abused.
The case is unusual. Social workers are rarely charged in connection with the death of a child under their supervision, said Doriane Coleman, an expert on children’s law at Duke University Law School.
Even then, she said, “the usual facts are the little kid died, the social workers knew something about it and didn’t take care of it.”
“This is a case where social workers are accused of falsifying documents and obstructing justice after the fact. They’re not being prosecuted for failure to take care of the little girl while she was alive. They’re being prosecuted for … what they did after she died to protect themselves,” Coleman said.
The death of Aubrey polarized western North Carolina and sparked anger in the Native American community. She died after she was rushed to the hospital by great-aunt Ladybird Powell, who began taking care of Aubrey in 2010, shortly before the toddler’s mother reported to jail in a marijuana-trafficking case. Powell told doctors she had put the girl to bed and, when she checked on her a few hours later, she wasn’t breathing.
A state medical examiner said Aubrey died of undetermined causes, but noted bruises and broken bones.
Some in the tribe say the Department of Social Services didn’t do enough to protect her. Led by Aubrey’s great-aunt, Ruth McCoy, family members and friends pushed police to investigate.
An Associated Press investigation found that police and social workers had been
From: http://feeds.foxnews.com/~r/foxnews/national/~3/_aE3UiWBCPk/
Report: Speed Network offices ransacked by naked intruder
By Zach Bowman
Filed under:
We’ll admit to been pretty irritated at the NASCAR-centric programming at Speed in the past, but never to the point of stripping down to our bare backsides and terrorizing the company’s offices.
That’s exactly what one unidentified man did early Monday morning in Charlotte, NC. Police responded shortly after the individual entered the building, and while he started by tearing papers off of the wall, he soon moved on to dumping trash cans and flinging trophies around. After realizing that law enforcement was on the scene, the man attempted to make a run for it.
Police quickly caught up with the perpetrator, however. It’s unclear if he’s facing charges for his sans-clothing antics. Listen, guy, we’re pretty sure there are better ways to tell Speed to bring back its WRC coverage.
Speed Network offices ransacked by naked intruder originally appeared on Autoblog on Thu, 11 Apr 2013 08:46:00 EST. Please see our terms for use of feeds.
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From: http://feeds.autoblog.com/~r/weblogsinc/autoblog/~3/2GWlE1fQVnk/
The Cheesecake Factory to Webcast First Quarter Fiscal 2013 Earnings Conference Call on April 24, 20
By Business Wirevia The Motley Fool
Filed under: Investing
The Cheesecake Factory to Webcast First Quarter Fiscal 2013 Earnings Conference Call on April 24, 2013
CALABASAS HILLS, Calif.–(BUSINESS WIRE)– The Cheesecake Factory Incorporated (NAS: CAKE) today announced it will release first quarter fiscal 2013 financial results after the market close on Wednesday, April 24, 2013. The Company will hold a conference call to discuss its results on the same day beginning at 2:00 p.m. Pacific Time, which will be broadcast live over the Internet.
To listen to the conference call, please go to the Company’s website at www.thecheesecakefactory.comat least 15 minutes prior to the call to register and download any necessary audio software. Click on the “Investors” link on the home page, and select the link for the “Q1 2013 Earnings Conference Call” at the top of the page. An archive of the webcast will be available shortly after the call and continue through May 24, 2013.
About The Cheesecake Factory Incorporated
The Cheesecake Factory Incorporated created the upscale casual dining segment in 1978 with the introduction of its namesake concept. The Company operates 174 full-service, casual dining restaurants throughout the U.S., including 162 restaurants under The Cheesecake Factory® mark; 11 restaurants under the Grand Lux Cafe® mark; and one restaurant under the RockSugar Pan Asian Kitchen® mark. The Company also operates two bakery production facilities in Calabasas Hills, CA and Rocky Mount, NC that produce over 70 varieties of quality cheesecakes and other baked products. Learn more about the company at www.thecheesecakefactory.com.
The Cheesecake Factory Incorporated
Jill Peters, (818) 871-3000
investorrelations@thecheesecakefactory.com
KEYWORDS: United States North America California
INDUSTRY KEYWORDS:
The article The Cheesecake Factory to Webcast First Quarter Fiscal 2013 Earnings Conference Call on April 24, 2013 originally appeared on Fool.com.
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b.type=”text/javascript”;b.async=!0;b.src=(“https:”===c.location.protocol?”https:”:”http:”)+
Source: FULL ARTICLE at DailyFinance
APNewsBreak: NC father says he tried to save kids
The North Carolina father who was working in a two-story-deep hole that collapsed said Tuesday that he worked frantically to save his daughter and her cousin from the wall of falling dirt that killed them.
Jordan Arwood, 31, of Stanley was operating a backhoe Sunday night in the pit when the walls caved in on the children. The bodies of the two young cousins, 6-year-old Chloe Jade Arwood and 7-year-old James Levi Caldwell, were dug out Monday morning.
Arwood is the girl’s father; his parents, Nancy and Ken Caldwell, had adopted the boy. Arwood lived next to his parents and the pit was on his property.
In his first media interview, Arwood told the Associated Press that he reached out to save the children but they were just outside his reach. He says he dug faster and faster trying to save the children until he couldn’t breathe.
“When the wall came down, I kept grabbing what was in front of me — grabbing enough dirt, grabbing boulders. … I wasn’t going to stop until I pulled them out. But I couldn’t save them,” he said, sobbing.
He paused for a moment.
“I wish it was me,’ he said.
Lincoln County Sheriff’s Office Detective Lt. Tim Johnson said investigators were interviewing family members and neighbors about the case. When they finished, they planned to present their findings to the district attorney’s office.
Investigators described the pit as 20 feet by 20 feet with a sloped entrance leading down to the 24-foot bottom. The children were at the bottom of the pit retrieving a child-sized pickaxe when the walls fell in on them. No permits had been issued for Arwood to dig on the site.
Johnson said investigators still don’t know why Arwood was digging the hole and that people have speculated that the pit was everything from a “doomsday bunker” to an underground structure for “illegal activity,” such as growing marijuana.
But Arwood said he was building a rammed earth home, an ancient building method where dirt is used to shape the foundation. Arwood said he had been digging the hole for three months.
Sheriff’s deputies …read more
Source: FULL ARTICLE at Fox US News
Grief, questions after collapse kills 2 NC kids
While parents grieve the death of two children buried under a wall of falling dirt, police are investigating possible charges against the father who was working in the two-story-deep hole when it collapsed.
Jordan Arwood, 31, of Stanley, was operating a backhoe Sunday night in the pit when the walls caved in on the children. The bodies of the two young cousins, 6-year-old Chloe Jade Arwood and 7-year-old James Levi Caldwell, were dug out Monday morning.
Arwood was the girl’s father; his parents, Nancy and Ken Caldwell, had adopted the boy. Arwood lived next to his parents and the pit was on his property, Lincoln County Sheriff’s Office Detective Lt. Tim Johnson said.
Johnson said investigators were interviewing family members and neighbors about the case. When they finished, they planned to present their findings to the district attorney’s office.
The detective was philosophical about whether the father could be punished criminally.
“You can’t punish anyone worse than that,” said Johnson about Arwood’s loss.
What’s puzzling is why Arwood was digging the hole.
Investigators described the pit as 20 feet by 20 feet with a sloped entrance leading down to the 24-foot bottom. The children were at the bottom of the pit retrieving a child-sized pickaxe when the walls fell in on them. No permits had been issued for Arwood to dig on the site.
Johnson said people have speculated that the pit was everything from a “doomsday bunker” to an underground structure for “illegal activity,” such as growing marijuana.
Sheriff’s deputies on Monday removed firearms and a marijuana plant from Arwood’s mobile home. Arwood is a felon who is not allowed to have guns. He was convicted in 2003 for possession of a controlled substance with intent to sell.
But it’s still unclear to investigators how Arwood was planning to use the pit.
Arwood told some neighbors that it was going to be a bunker to “protect his family.” Others said he told them it was going to be a basement.
But Johnson said: “There aren’t many basements that are 20-by-24-by-20,” he said.
Source: FULL ARTICLE at Fox US News
Investigation after 2 children die in NC collapse
It was common knowledge around a rural North Carolina neighborhood that Jordan Arwood was digging a two-story-deep pit on his property. Some said it was for a bunker and warned their children to stay out of it.
Now authorities are investigating after the rain-soaked walls of the pit collapsed Sunday, fatally burying two young cousins, including Arwood’s daughter.
Arwood was operating a backhoe Sunday night in the pit when the walls collapsed and he called 911.
The bodies of the two young cousins, 6-year-old Chloe Jade Arwood and 7-year-old James Levi Caldwell, were dug out Monday morning.
Later on Monday, sheriff’s deputies removed firearms and a marijuana plant from Arwood’s mobile home. Arwood is a felon who is not allowed to have guns.
Source: FULL ARTICLE at Fox US News
NC police: ATM picked up by excavator, stolen
Police in North Carolina are searching for a man who stole an excavator from a construction site and used it to make off with a 2,000-pound automated teller machine.
According to Winston-Salem police, someone stole the excavator Monday morning and drove it about 200 yards to the ATM. They said the suspect used the claw from the excavator to knock over the ATM kiosk at a credit union, then picked up the machine and lifted it into a pickup truck. It’s believed a second car was involved in the theft.
Police said video surveillance revealed that a black Crown Victoria with tinted windows was involved, and that the suspect may be shorter in stature because of the way he had to reach for the steering wheel.
The suspect was still at large Monday evening.
Source: FULL ARTICLE at Fox US News
Guns, pot plant seized at site of NC pit collapse
Authorities have confiscated a marijuana plant and firearms from a North Carolina property where a man was digging a deep hole that collapsed on two children, including his daughter.
The bodies of 6-year-old Chloe Jade Arwood and 7-year-old James Levi Caldwell were pulled Monday from a 24-foot-deep pit in the town of Stanley, outside of Charlotte.
Rescuers had been digging for the children since Sunday, when the girl’s father, Jordan Arwood, called 911.
Later on Monday, sheriff’s deputies removed firearms and the marijuana plant from the mobile home. The 31-year-old father is a felon who is not allowed to have guns. He was convicted in 2003 for possession of a controlled substance with intent to sell.
THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP‘s earlier story is below.
Rescuers on Monday recovered the bodies of two young cousins buried when a wall of dirt fell on them while they were playing in a hole at a home construction site in North Carolina.
The bodies of 6-year-old Chloe Jade Arwood and 7-year-old James Levi Caldwell were pulled from a 24-foot-deep pit in the town of Stanley, outside of Charlotte.
“We’ve been working a horrific scene here,” Lincoln County Emergency Services spokesman Dion Burleson told reporters gathered near the rural site on a two-lane road dotted with modular and mobile homes.
Crews had been searching for the children since Sunday afternoon, when the girl’s father Jordan Arwood called 911 to report the collapse. Officials were on the scene within minutes but couldn’t get to the children.
The father had been digging with a backhoe on the site earlier in the day, Sheriff David Carpenter said. He would not say what was being built or if Arwood was doing it alone or had professional help. He did say authorities didn’t know of any permits that had been issued for the work or plans detailing the project.
Burleson described the pit as 20 feet by 20 feet with a sloped entrance leading down to the 24-foot bottom. The children were at the bottom of the pit retrieving a child-sized pickaxe when the walls fell in on them, Carpenter said.
Source: FULL ARTICLE at Fox US News
Fire official: 2 trapped NC children likely dead
A fire official says two children trapped under dirt at a residential construction site in North Carolina are not expected to be found alive.
Denver Fire Department public information officer Dion Burleson tells The Associated Press late Sunday that the effort by emergency personnel turned from a rescue to a recovery effort, meaning officials believe the children are dead.
WBTV and WSOC report firefighters from several places, including nearby Charlotte, are on the scene in Stanley. The street is lined with emergency vehicles.
Burleson says more information will be released later Sunday.
The stations say firefighters were using shovels and climbing gear to try to get the children out. It’s unknown how old the children are.
Video from WSOC shows backhoes scooping dirt from a deep hole surrounded by dirt.
Source: FULL ARTICLE at Fox US News
7 Announcements Bank Investors Must Watch Next Week
By Jessica Alling, The Motley Fool
Filed under: Investing
In this series, we’ll explore the data announcements and events that may affect the performance of bank stocks during the upcoming week.
This weeks has been a tough one for America’s bank stocks. With three separate reports showing a weakening labor market, investors are unsure whether banks can continue growing their loan portfolios, or if consumer spending and saving will fall. Let’s take a look at next week’s data announcements that may help the banks recoup some of their losses from this week.
Tuesday
- NFIB Small Business Optimism Index: Investors should take a close look at this month’s survey of small business outlook since much of the information provided may point to changes in the labor market as well as business growth. Giving insight into how businesses plan to spend, hire, and expand are truly important to banks who work with small businesses — like Bank of America . The bank has been trying to extend itself to small businesses, especially in its backyard of Charlotte, NC. If we continue to see a slowing labor market, business lending may become an important form of growth for the banks.
Wednesday
- MBA purchase applications: Mortgage applications fell 4% last week, disappointing bank investors who had hoped the prior week’s improvement would become a trend. Refinancing applications were also down 4%. Wells Fargo and JPMorgan Chase were among the leaders of the mortgage originations during the second half of 2012, and without continued growth in applications, their record profits will not continue to grow. On the upside, year-over-year growth in applications is up 4%, which does match the trend seen in home sales.
- Federal Open Markets Committee minutes: The last time that the FOMC released its minutes, bank shares tumbled because of rising concerns that the Fed’s QE policy would end sooner than expected. The minutes showed there was a growing number of members concerned with the cost of continuing the policy. But with the recent meeting’s results (no changes to policy) there may be less to worry about this time around. Since the policy is in effect for the purpose of driving increased job growth in the economy, this past week’s labor market data may generate more interest in what the minutes have to say.
Thursday
- Jobless claims: Since this week was a disappointing one for the labor market, bank investors may want to pay special attention to next week’s jobless claims. It’s the only labor market data being released, so it will have a big impact on sentiment toward the overall economy.
- Bloomberg Consumer Comfort Index: Considering the importance of consumer spending and saving to banks, this week’s consumer comfort index may be important to follow. The index surveys the feelings of selected consumers about the overall economy, their finances, and their intentions of buying goods or services. With the labor market weakening, consumers may begin to tighten their belts, with new loans at …read more
Source: FULL ARTICLE at DailyFinance
State religion in NC?
By hnn
Raleigh, N.C. — A bill filed by Republican lawmakers would allow North Carolina to declare an official religion, in violation of the Establishment Clause of the U.S. Bill of Rights, and seeks to nullify any federal ruling against Christian prayer by public bodies statewide.
The bill grew out of a federal lawsuit filed last month by the American Civil Liberties Union against the Rowan County Board of Commissioners. In the lawsuit, the ACLU says the board has opened 97 percent of its meetings since 2007 with explicitly Christian prayers.
Overtly Christian prayers at government meetings are not rare in North Carolina. Since the Republican takeover in 2011, the state Senate chaplain has offered an explicitly Christian invocation virtually every day of session, despite the fact that some senators are not Christian….
Source:
WRAL
Source URL:
http://www.wral.com/proposal-would-allow-state-religion-in-north-carolina/12296876/
Date:
4-2-13
…read more
Source: FULL ARTICLE at History News Network – George Mason University
Investigators: NC man shot 2 neighbors in backyard
Authorities say a man suspected of killing two of his neighbors in North Carolina approached one of the men in his backyard just before he started shooting.
Cabarrus County deputies say 50-year-old Anthony Hardy killed himself after hiding in his home for several hours after the shooting Friday afternoon.
Investigators say Hardy fired on 64-year old Gary Stocks and 42-year old Daniel Kirchner in Kirchner’s backyard. The two victims lived on each side of Hardy’s house on a cul-de-sac. The subdivision of dozens of homes is about a mile from Interstate 485 in Harrisburg.
Deputies negotiated with Hardy for hours before he killed himself.
Investigators say it appeared Hardy had some kind of dispute with his neighbors, and they are still trying to determine why he was angry.
NC police: 3 dead after shooting, police standoff
Authorities in a Charlotte suburb say a man suspected of shooting two neighbors has committed suicide after a six-hour police standoff.
The Charlotte Observer is reporting that Cabarrus County sheriff’s deputies said late Friday that the suspected shooter shot himself as deputies and SWAT team members surrounded the house where he was hiding.
Late Friday afternoon, deputies responded to a report of a man shooting a gun at a house. They said the suspect shot two neighbors in what was described as a neighborhood feud. Neighbors told the newspaper that the two victims were adult males.
WBTV-TV reports that a woman and her young children were able to escape the home where the initial shootings occurred.
Sheriff Brad Riley couldn’t immediately be reached for comment by the Associated Press.
Glimcher Realty Trust Closes $90 Million Preferred Share Offering
By Business Wirevia The Motley Fool
Filed under: Investing
Glimcher Realty Trust Closes $90 Million Preferred Share Offering
COLUMBUS, Ohio–(BUSINESS WIRE)– Glimcher Realty Trust (NYSE: GRT) today closed the underwritten public offering of 3,600,000 of its 6.875% Series I Cumulative Redeemable Preferred Shares (the “Series I Preferred Shares”) with a liquidation preference of $25.00 per share. The offering generated net proceeds to the Company of approximately $86.8 million, after deducting the underwriting discounts and commissions and estimated offering expenses payable by the Company. The Company intends to use the net proceeds to redeem 3,600,000 of Series G Cumulative Redeemable Preferred Shares.
The Company has filed an application to list the Series I Preferred Shares on the New York Stock Exchange under the symbol “GRTPRI”. Trading of the Series I Preferred Shares on the New York Stock Exchange is expected to begin within 30 days after the initial issuance of the Series I Preferred Shares.
Wells Fargo Securities, LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated acted as joint book-running managers. Jefferies LLC, Raymond James & Associates, Inc. and Stifel, Nicolaus & Company, Incorporated acted as co-managers for the offering.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The offering may be made only by means of a prospectus supplement and related prospectus. Copies of the prospectus supplement and related prospectus for this offering may be obtained by contacting Wells Fargo Securities, LLC, 1525 West W.T. Harris Blvd., NC0675, Charlotte, NC 28262, Attention: Capital Markets Client Support, telephone (800) 326-5897 or e-mail request to cmclientsupport@wellsfargo.com; or Merrill Lynch, Pierce, Fenner & Smith Incorporated, 222 Broadway, 11th Floor, New York, NY 10038, Attention: Prospectus Department; telephone (800) 294-1322 or e-mail a request to dg.prospectus_requests@baml.com.
About Glimcher Realty Trust
Glimcher Realty Trust, a real estate investment trust, is a recognized leader in the ownership, management, acquisition and development of retail properties, including mixed use, open-air and enclosed regional malls as well as outlet centers. Glimcher owns material interests in and manages 29 properties with total gross leasable area totaling approximately 21.7 million square feet.
Glimcher Realty Trust‘s common shares are listed on the New York Stock Exchange under the …read more
Source: FULL ARTICLE at DailyFinance
Robert F. Lowe to Retire from NewBridge Bancorp, Newbridge Bank Boards of Directors
By Business Wirevia The Motley Fool
Filed under: Investing
Robert F. Lowe to Retire from NewBridge Bancorp, Newbridge Bank Boards of Directors
Retirement ends 47-year career in banking
GREENSBORO, N.C.–(BUSINESS WIRE)– NewBridge Bancorp (NASDAQ: NBBC) today announced that Robert F. Lowe, a long-time executive with the Company, will retire from the Board of Directors of both NewBridge Bancorp and NewBridge Bank, at the Company’s Annual Shareholder Meeting on May 15, 2013.
Robert F. Lowe
Lowe was instrumental in the formation of NewBridge Bank in 2007, leading the merger of LSBTheBank (Lexington State Bank), of which he was Chairman and Chief Executive Officer, and FNB Southeast to form the new organization. Lowe retired as CEO of NewBridge Bancorp in 2008, continuing to serve as Chairman of both NewBridge Bancorp and NewBridge Bank until 2009. Since that time he has remained an active member of both Boards.
“I am very appreciative of the opportunity to have been a part of Lexington State Bank and NewBridge Bank and helping to build what I believe is a leading community bank in North Carolina,” said Lowe. “In addition, it has been a privilege to serve our industry through both the North Carolina Bankers Association and the American Bankers Association. As NewBridge Bank moves forward, thanks to everyone for your support through the years and best wishes for your continued success.”
Lowe’s retirement marks the end of a career that has crossed six decades and is a result of NewBridge Bancorp bylaws’ retirement age of 70. With his retirement, NewBridge Bancorp and NewBridge Bank will now have 15 active board members.
“Bob Lowe is a pillar of community banking and has been an immeasurable asset to NewBridge Bank, the industry, and to me, personally,” said Michael S. Albert, chairman of the Board of Directors for both the Company and the Bank. “I’ve had the pleasure of working with Bob for almost 30 years, and we’ve collaborated on many projects, including the merger between LSBTheBank and FNB Southeast. His leadership at LSBTheBank and throughout the merger, as well as during the shaping of NewBridge Bank and the economic downturn, has been invaluable.”
Lowe grew up in Chadbourn, NC, and received a bachelor’s degree in economics from the University of North Carolina at Chapel Hill. He also later completed the Young Executive’s Institute at UNC’s Kenan-Flagler School of Business.