Bank of Granite Corp., a North Carolina bank touted by super-investor Warren Buffett, signed an agreement to acquire a mortgage banking company.

Bank of Granite expects to complete its purchase of privately held GLL & Associates, Winston Salem, by yearend. The mortgage company has offices in Charlotte and three other North Carolina cities.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.