I’m proud to say that even with all the challenges faced by the banking and financial industries, Bank of Oak Ridge continues our forward momentum and steady growth. We also remained dedicated to making a difference for our clients, whether they’re branching out or turning over a new leaf.

As others in our industry have faltered, the sound ethical business practices that have guided Bank Of Oak Ridge from the start remain obvious. Standing strong, as a symbol of stability and security for our clients was as important as ever. We also were able to be a resource for local businesses when other larger banks were no longer able to help them grow and prosper.

We recognize that as a community bank, we have a responsibility to encourage and stimulate local economic growth. Our Community Investment Loan Program offers low interest rates and mortgage incentives to those purchasing select homes in our region. Bank Of Oak Ridge was also instrumental in the launch of a small businesses loan program with the University of North Carolina at Greensboro.

As always, we nurtured our deep connections to the community. Our ongoing involvement in community and fundraising events demonstrates our dedication to the markets we serve.

Bank of Oak Ridge continues to weather the storm of this economic climate. We look forward to continued success as we seek to find golden opportunities for our bank and our clients. I want to thank our Board of Directors, management team, employees and shareholders for the continued support that has been so crucial in allowing us to deliver Banking As It Should Be.

Sincerely,

Ronald O. Black
President & CEO