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Fifth Federal Reserve District Branch Director Appointed

RICHMOND, V.A., March 15, 2016 (FEDERAL RESERVE BANK OF RICHMOND) -- The Federal Reserve Bank of Richmond Board of Directors has appointed Jerry L. Ocheltree, president and CEO of Carolina Trust Bank in Lincolnton, North Carolina, to serve on the Charlotte branch board for a three-year term. The appointment was effective March 3, 2016.

The Boards of Directors of the Baltimore and Charlotte branches of the Richmond Reserve Bank each have seven members. A majority of directors for each branch are appointed by the Board of Directors of the Federal Reserve Bank of Richmond and the remainder by the Board of Governors of the Federal Reserve System.

 

Carolina Trust Bank elects Jennifer Marion Mills as new Director

LINCOLNTON, N.C., AUGUST 28, 2015 (GLOBE NEWSWIRE) -- Carolina Trust Bank announced today that Jennifer Marion Mills has been elected to its Board of Directors. Mills is an Executive with Randy Marion Automotive. Randy Marion is the largest volume GM dealer in the Southeast. “Since we entered the Mooresville market with our Loan Production Office, we have been looking for the right person to help Carolina Trust Bank build a presence in that market and to show that we are serious about being the community bank of choice there. Jennifer Marion Mills fits the bill with her love for the Mooresville area along with her other business interests and notable civic engagement.