Alliance Bank & Trust Expands Lending Reach

Gastonia, NC, May 17, 2013 --(PR.com)-- Alliance Bank & Trust, a North Carolina community bank with branches in Gastonia, Shelby, and Kings Mountain, announced the hiring of Woody T. Washam, Jr. to their commercial lending team as Lake Norman Market President.

Mr. Washam is a graduate of Catawba College where he received his Bachelor's degree in Business Administration and Economics. Mr. Washam is a true local, having received his high school diploma from North Mecklenburg High School in Huntersville.

Mr. Washam has 40 years of experience in the banking industry. In that time he has served in multiple President, Senior Vice President, and Vice President roles over branch administration, operations, commercial lending, mortgage lending, and human resources.

Mr. Washam is a resident of the Lake Norman area and has considerable involvement in civic affairs in his professional life. Here are just a few of Mr. Washam’s contributions:

Board of Directors on the Mooresville-South Iredell Chamber of Commerce
Board of Advisors for Mitchell Community College
Board of Trustees for the Lake Norman Regional Medical Center
Board Chairman for the United Way of Central Carolinas, Mooresville/Lake Norman
Chairman of the Board of Directors for the Lake Norman Chamber of Commerce

“We are looking to expand our loan production efforts to the area north of Charlotte that has seen so much growth in the last 10 years,” says Don Harrison, the new President and CEO of Alliance Bank & Trust. “Woody Washam is integral to that growth. He is such an incredible contributor to the community there that he fits into our company mission and vision of serving the communities where we all live and work.”

Alliance Bank & Trust
Alliance Bank & Trust Company, which opened in Gastonia, North Carolina in 2004, operates four North Carolina banking offices, in Gastonia (2), Kings Mountain and Shelby. AB&T Financial Corporation is the parent company of Alliance Bank & Trust Company, which offers a full array of banking services. Additional information on Alliance Bank & Trust’s locations and the products and services offered are available at www.alliancebanknc.com.

More information contact:
Don Harrison at 704-867-5828

Certain matters set forth in this news release may contain forward-looking statements that are provided to assist in the understanding of anticipated future financial performance. However, such performance involves risks and uncertainties that may cause actual results to differ materially from those in such statements. The Company does not undertake a duty to update any forward-looking statements in the release.