0001104659-19-076464 Sample Contracts

Branch Purchase and Assumption Agreement by and between ENTEGRA BANK As Seller And Select Bank & Trust Company As Buyer dated as of December 20, 2019

Branch Purchase and Assumption Agreement • December 27th, 2019 • Select Bancorp, Inc. • State commercial banks • North Carolina

• Contract Type
  Branch Purchase and Assumption Agreement
• Filed
  December 27th, 2019
• Company
  Select Bancorp, Inc.
• Industry
  State commercial banks
• Jurisdiction
  North Carolina

THIS PURCHASE AND ASSUMPTION AGREEMENT (this “Agreement”) dated as of December 20, 2019, by and between ENTEGRA BANK, a North Carolina chartered bank having its principal place of business in Franklin, North Carolina (“Seller”), and Select Bank & Trust Company, a North Carolina chartered bank having its principal place of business in Dunn, North Carolina (“Buyer”).