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   COMPANY PROFILE
Cooperative Bankshares, Inc. is a registered bank holding company incorporated in North Carolina in 1994.  The Company serves as the holding company for Cooperative Bank; a North Carolina chartered commercial bank.  The Company’s primary activities consist of holding the stock of Cooperative Bank and operating the business of the Bank. 

Cooperative Bank was chartered in 1898.  The Bank’s headquarters is located in Wilmington, North Carolina.  Cooperative operates 20 offices  throughout the coastal and inland communities of eastern North Carolina.  These centers extend from  the Outer Banks of North Carolina, to Tabor City, located on the South Carolina border.

Through its offices, the Bank provides a wide range of banking products, including checking accounts, certificates of deposit and individual retirement accounts. It offers an array of loan products: overdraft protection, commercial, consumer, agricultural, real estate, residential mortgage and home equity loans. Also offered are safe deposit boxes and automated banking services through ATMs and Access24 Phone Banking.  In addition, the Bank also offers discount brokerage services, annuity sales and mutual funds through a third party arrangement with UVEST Investment Services.  

Cooperative Bankshares
Board of Directors
Frederick Willetts, III, - Chairman

Paul G. Burton
F. Peter Fensel, Jr.
James D. Hundley, M.D.
H. Thompson King, III
R. Allen Rippy
O. Richard Wright, Jr.
 

Officers Of Cooperative Bank

 

 

Frederick Willetts, III

Chairman / President 
Chief  ExecutiveOfficer

O. C. Burrell, Jr.

Executive Vice President
Chief Operating Officer

Dickson B. Bridger

Senior Vice President
Mortgage Lending

Todd L. Sammons, CPA

Senior Vice President
Chief Financial Officer

Sandra B. Carr 

Vice President
Retail Banking Operations
George B. Church

Vice President
Business Banking

Linda B. Garland

Vice President
Marketing / Corporate Secretary

Raymond A. Martin

Vice President
Information Services

Donna H. Mitchell

Vice President
Mortgage Operations

John P. Payne, CPA
 

 Vice President/ Cheif Auditor

Susie K. Register

Vice President
Mortgage Servicing Processing 

Dare C. Rhodes

Vice President
Human Resources


Officers Of Lumina Mortgage Company
   
Frederick Willetts, III

President
O.C. Burrell, Jr. Vice President
Dickson Bridger Vice President / Secretary
Virginia Boone Assistant Secretary
Todd L. Sammons

Treasurer

Common Stock Information
NASDAQ: "COOP"

Transfer Agent
First Citizens Bank
Corporate Trust Department - DAC61

P.O. Box 29522
Raleigh, North Carolina  27626-0522
 
Corporate Headquarters
Cooperative Bankshares, Inc.
201 Market Street
P.O. Box 600
Wilmington, NC 28402
(910) 343-0181
 www.coop-bank.com
 

Special Counsel
Muldoon Murphy & Aguggia, LLP
Attorneys At Law
5101 Wisconsin Avenue, N.W.
Washington, D.C. 20016

For Additional Information
 Frederick Willetts, III, Chairman/ CEO
Todd Sammons, Senior Vice President/ CFO
Linda B. Garland, Vice President/ Secretary

 

 

 

  

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