September 11, 2015 -- Dan Boyd Becomes New Bank President

Local Banking Leader Takes President Role at Alliance Bank & Trust

Gastonia, NC – September 11, 2015 – Alliance Bank & Trust Company, a North Carolina community bank with branches in Gastonia, Shelby, and Kings Mountain, announced that Dan Boyd will join their team as the new President, pending regulatory approval.

Mr. Boyd is a 1983 graduate of Wake Forest University where he received a Bachelor of Science degree. He has more than 30 years of experience in retail and commercial banking and brings a wealth of market knowledge to his new role.  Mr. Boyd’s extensive background includes being recruited in September 2002 to Citizens South Bank where he held a number of positions including Chief Operating Officer at the time of the bank’s recent merger. Most recently, Mr. Boyd served as the Regional Market President for NewDominion Bank in the Gaston County area.  

“It is a huge win for Alliance to be able to bring someone on board with the market knowledge, experience and skills of Mr. Boyd,” says Don Harrison, Alliance’s current President and CEO. “He is well known and respected in the community and is a talented, well rounded banker. He is a perfect fit for what we need at Alliance.”

Mr. Boyd has always been deeply involved in the communities he has served and most recently served in the following volunteer capacities:

  • Board of Trustees Chairman, Gaston Day School
  • Board Member/Executive Committee, Gaston Chamber of Commerce
  • Board Member/Executive Committee, Schiele Museum
  • Board Member, CDC Capital

 

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.


FOR MORE INFORMATION, CONTACT: Don J. Harrison at 704-648-0180

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. A discussion of certain factors that may cause such forward-looking statements to differ materially from the Company’s actual results can be found in the Company’s filings with the Securities and Exchange Commission, including without limitation its annual report on Form 10-K, its quarterly reports on Form 10-Q, and its current reports on Form 8-K. The Company does not undertake a duty to update any forward-looking statements in the release.