VIRGINIA BEACH, Va., Dec. 19, 2007 (PRIME NEWSWIRE) -- Gateway Financial Holdings, Inc. (Nasdaq:GBTS), the holding company for Gateway Bank & Trust Co., has announced the opening of its Triangle Regional Headquarters, Gateway Bank Mortgage Headquarters, and third financial center in Raleigh, North Carolina.
On December 17, 2007 the bank's newest financial center opened on Lake Boone Trail in Raleigh, North Carolina. D. Ben Berry, Chairman and Chief Executive Officer of Gateway Bank, stated, "Our Triangle Regional Headquarters is an example of the execution of our rapid expansion plan and commitment in this vital region of North Carolina. With the exceptional team we have put together in this market we are excited about the growth opportunities in this area."
About the Company
Gateway Financial Holdings, Inc. is the parent company of Gateway Bank & Trust Co., a regional community bank with a total of thirty-three full-service financial centers -- nineteen in Virginia: Virginia Beach (7), Richmond (6), Chesapeake (3), Suffolk, Norfolk and Emporia; and twelve in North Carolina: Elizabeth City (3), Edenton, Kitty Hawk (2), Raleigh (3), Moyock, Nags Head, Plymouth, Roper, and Wilmington in addition to a private banking center in Raleigh. The Bank provides insurance through its Gateway Insurance Services, Inc. subsidiary, brokerage services through its Gateway Investment Services, Inc. subsidiary, and mortgage banking services through its Gateway Financial Mortgage, Inc. subsidiary. The common stock of the Corporation is traded on the Nasdaq Global Market under the symbol GBTS. For further information, visit the Corporation's web site at www.gwfh.com.