HPB Insurance Group: Soon to be part of the Bank of North Carolina family
BNC Bancorp, the holding company of Bank of North Carolina, has announced plans to purchase our parent company, High Point Bank, through an acquisition of High Point Bank Corporation common stock, pending regulatory and shareholder approval (read the press release and forward looking statements).
Following the successful completion of this merger (anticipated during the 4th quarter of 2016), HPB Insurance Group will serve our customers, current and new, as part of Bank of North Carolina. We are enthusiastic about bringing our expertise in personal insurance, business insurance, and employee benefits to a wider audience throughout the Bank of North Carolina footprint. As always, it will remain our top priority to continue to provide our customers with insightful advice and unmatched personal service.
We anticipate that any changes or inconveniences for our current customers will be minimal, as we expect our relationships with our carriers to remain unchanged. We will keep you apprised of any new information, both as the merger draws closer and afterwards.