Oxford-based Union Bank & Trust is opening an office in Cary.
Oxford-based Union Bank & Trust has hired longtime local banking industry vet Larry Holt to open a loan production office in Cary.
It is Union?s first foray into Wake County.
A native of Wake County, Holt?s career has included stops at First Citizens Bank, Fidelity Bank and most recently Crescent Bank, from 1998 to 2012.
?... we wanted to do this right ? with a strong person who knows the area and has a solid banking background,? says Thomas Combs, president of the $195-million total asset Union Bank. ?We have found the person who will help us grow in this market.?
Holt?s Cary office will be off Kildaire Farm Road.
Lee Weisbecker covers Finance, State Government.
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