UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
July 20, 2016
Entegra Financial Corp.
(Exact name of registrant as specified in its charter)
North Carolina | 001-35302 | 45-2460660 | ||
(State or other jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
14 One Center Court, Franklin, North Carolina 28734
(Address of principal executive offices) (Zip Code)
(828) 524-7000
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01. Other Events
On July 20, 2016, Entegra Financial Corp. (the “Company”) announced the opening of a Loan Production Office in Clemson, South Carolina.
A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01 | Financial Statements and Exhibits |
(d) |
Exhibits.
|
The following exhibit is filed herewith:
Item |
Description | |
99.1 | Press Release dated July 20, 2016. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ENTEGRA FINANCIAL CORP. | ||||
Date: July 20, 2016 | By: |
/s/ David A. Bright | ||
David A. Bright | ||||
Chief Financial Officer |
Exhibit Index
99.1 | Press Release dated July 20, 2016 |
FOR IMMEDIATE RELEASE
Contact: | Roger D. Plemens |
President and Chief Executive Officer | |
(828) 524-7000 |
ENTEGRA FINANCIAL CORP. ANNOUNCES THE OPENING
OF A LOAN PRODUCTION OFFICE IN CLEMSON, SOUTH CAROLINA
Franklin, North Carolina, July 20, 2016 — Entegra Financial Corp. (NASDAQ: ENFC) (the “Company”), today announced that its banking subsidiary has opened a loan production office in Clemson, South Carolina at 133 Thomas Green Blvd., Suite 200. In addition, Art Wray has been hired as the Mortgage Lending Officer who will manage the Clemson office.
Wray has over twenty-five years of mortgage lending experience in South Carolina, with much of that in the Clemson area. Wray is active in the community, having served as Chair of the Clemson Area Chamber of Commerce and received the Duke Energy Citizenship and Service Award. He, his wife Lisa, and their two children reside in Clemson and attend Clemson United Methodist Church.
Commenting on the hiring of Wray and the opening of the new loan production office, Roger D. Plemens, President and CEO, stated, “We are thrilled to expand our banking franchise into the Clemson, South Carolina market with the opening of a loan production office. Art is a highly experienced mortgage executive and we look forward to his future contributions. The opening of a loan production office in Clemson continues our strategy to expand into higher growth markets.”
About Entegra Financial Corp.
Entegra Financial Corp., with total assets of $1.05 billion at March 31, 2016, is headquartered in Franklin, NC and is the bank holding company for Entegra Bank. The Company’s shares trade on the NASDAQ Global Market under the symbol “ENFC”.
Entegra Bank operates a total of 15 branches located throughout the Western North Carolina counties of Cherokee, Haywood, Henderson, Jackson, Macon, Polk and Transylvania and Upstate South Carolina counties of Anderson, Greenville, and Spartanburg. For further information, visit the Company’s website www.entegrabank.com.
Disclosures About Forward-Looking Statements
The discussions included in this document and its exhibits may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. For the purposes of these discussions, any statements that are not statements of historical fact may be deemed to be “forward-looking statements.” Such statements are often characterized by the use of qualifying words such as “expects,” “anticipates,” “believes,” “estimates,” “plans,” “projects,” or other statements concerning opinions or judgments of the Company and its management about future events. The accuracy of such forward looking statements could be affected by factors including, but not limited to, the financial success or changing conditions or strategies of the Company’s customers or vendors, fluctuations in interest rates, actions of government regulators, the availability of capital and personnel or general economic conditions. These forward looking statements express management’s current expectations, plans or forecasts of future events, results and condition, including financial and other estimates. Additional factors that could cause actual results to differ materially from those anticipated by forward looking statements are discussed in the Company’s filings with the Securities and Exchange Commission, including without limitation its annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. The Company undertakes no obligation to revise or update these statements following the date of this press release.