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June 16, 2005
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  June 13, 2005
 

COOPERATIVE BANKSHARES, INC. NAMED IN THE NEWS AND OBSERVER'S LIST OF TOP 100 NORTH CAROLINA COMPANIES.

Wilmington, NC—June 13, 2005.  Cooperative Bankshares, Inc. was recently named 75th in the News and Observer’s list of Top 100 North Carolina companies.  The companies named were headquartered in North Carolina, listed on one of the three major stock exchanges and traded for at least six months last year.  The ranking was based on a formula using 2004 revenue and market capitalization.

 Cooperative Bankshares, Inc. is the parent company of Cooperative Bank.  Chartered in 1898, Cooperative Bank provides a full range of financial services through 21 offices in Eastern North Carolina.  Cooperative Bank’s subsidiary, Lumina Mortgage, Inc., is a mortgage banking firm, originating and selling residential mortgage loans through offices in Wilmington, North Carolina, Surf City, North Carolina, North Myrtle Beach, South Carolina, and Virginia Beach, Virginia.

 

For Additional Information:
Frederick Willetts, III, President
910-343-0181

 
 

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