The restructuring of the four branches includes Stanley, Fletcher, West Asheville, North Carolina and Greer, South Carolina .
The initiative will optimise costs that can be efficiently deployed to expand the full array of products and services, both retail and commercial, in the new Western North Carolina.
The bank is expecting to close these branches by the end of 2011.
Bank of North Carolina president & COO Richard Callicutt said that evaluation of their branches is an opportunity to ensure that they are making the best decisions for their customers, employees, shareholders and community.
"We have worked with the FDIC to insure that each of the customers in these offices will continue to have convenient access to other Bank of North Carolina branches," Callicutt added.
