In Brief: Acquired Bank Reopens as Branch of Triangle

The former Granville United Bank reopened this week as the latest branch of the fast-growing Triangle Bank.

Michael S. Patterson, Triangle's president and chief executive officer, said the acquisition was a "good fit geographically," noting that both banks have strong community banking histories.

Triangle is now the 10th largest bank in North Carolina, with about $965 million in assets. The bank operates 43 branches in the state.

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