Entegra Financial Corp. (NASDAQ:ENFC) Files An 8-K Other Events
Item 8.01.
| Other Events |
On March 23, 2017, Entegra Bank, the wholly-owned subsidiary of
Entegra Financial Corp. (the Company), announced that it has
converted from a North Carolina-chartered savings bank to a North
Carolina-chartered commercial bank and that the Company is now a
bank holding company.
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 March 23, 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 up +0.20 at 23.20 with 15,152 shares trading hands.