Sound Bank has a new name and headquarters city.
The group that bought and recapitalized the $325 million-asset Sound
“We ... are fully functional in our headquarters and newest branch,” Chief Administrative Officer Natasha Austin wrote in an email. A formal ribbon-cutting ceremony is set for Oct. 9.
Steve Jones, who was chief banking officer at Yadkin Financial when
The team originally planned to
Before its sale, Sound was part of the $270 million-asset West Town Bancorp in North Riverside, Ill.
The newly renamed Dogwood State has four branches, including the new location in Raleigh. It plans to open a fifth location in Charlotte, N.C., this year.