Entegra Financial Corp. (NASDAQ:ENFC) Files An 8-K Other Events

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Entegra Financial Corp. (NASDAQ:ENFC) Files An 8-K Other Events

Item 8.01.

Other Events

On February 27, 2017, Entegra Financial Corp., the holding
company for Entegra Bank (the Bank), issued a press release
announcing that the Bank completed its previously announced
acquisition of two branch locations from Stearns Bank National
Association. The Bank acquired approximately $153 million in
customer deposits.

A copy of the press release is attached hereto as Exhibit 99.1
and incorporated herein by reference.

Item9.01 Financial Statements and Exhibits
(d)

Exhibits.

The following exhibit is filed herewith:

Item

Description

99.1 Press Release dated February 27, 2017.


About Entegra Financial Corp. (NASDAQ:ENFC)

Entegra Financial Corp. is the holding company for Entegra Bank. The Company provides a range of financial services through full-service offices located in Cherokee, Henderson, Jackson, Macon, Polk and Transylvania counties, North Carolina and Anderson, Greenville, and Spartanburg counties, South Carolina. It provides full service retail and commercial banking products, as well as wealth management services through a third party. It operates through retail banking segment. Entegra Bank is a chartered savings bank. The Bank’s business consists primarily of accepting deposits from individuals and small businesses and investing those deposits, together with funds generated from operations and borrowings, primarily in loans secured by real estate, including commercial real estate loans, one- to four-family residential loans, construction loans, and home equity loans and lines of credit. It also originates commercial business loans and invests in investment securities.

Entegra Financial Corp. (NASDAQ:ENFC) Recent Trading Information

Entegra Financial Corp. (NASDAQ:ENFC) closed its last trading session 00.00 at 23.15 with 11,525 shares trading hands.