Former Blue Ridge Savings Bank in Greer closed

Published on Saturday, November 26, 2011

The former Blue Ridge Savings Bank in Greer is among four that the Bank of North Carolina is closing. Greer's branch has closed. 

The Greer bank, located on frontage road on I-85, was the scene of a triple homicide on May 16, 2003. Sylvia Holtzclaw from Greer, a teller at the bank, and Spartanburg couple James and Margaret Barnes were killed in the still unresolved case. 

The Bank of North Carolina took over Blue Ridge Savings on Oct. 14 when the Federal Deposit Insurance Corp. forced the bank to close.  The Bank of North Carolina acquired about $168 million in assets.

The Bank of North Carolina announced that banks in Stanley, Fletcher and West Asheville will also close. The four branches are expected to close by the end of the year. Six former branches will remain open.

Richard D. Callicutt, Bank of North Carolina president and CEO, said in a statement, “The comprehensive evaluation of our branches is an opportunity to ensure we are making the best decisions for our customers, employees, shareholders and community. We will continue to analyze growth opportunities and make tactical decisions to strengthen the bank's success.”


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