WINTER 2014

Upcoming Events

 

LunchU

Wednesday, February 12

11:45am - 1:00pm

 

Restoration Runway 2014

Thursday, March 27

6:00pm - 9:00pm

 

Outlook for 2014

LunchU Dates

 

Join us for programs on topics that you have told us are important to

helping you manage your business and personal financial matters for success:


February 12, 2014

August 20, 2014

November 19, 2014

FROM THE PRESIDENT

Frank Gavigan, 
President & CEO
 

On January 13, Premier President and CEO, Frank Gavigan, was interviewed by FOX8 News for his comments on how the bank protects customers' data. This became a national news issue following the security breach at a number of the country's prominent retailers. 

  

Here is a transcript of the interview:

 It's not just consumers left with concerns over the recent security breaches at Target and Neiman Marcus, but also local banks left footing the bill to repair whatever damage the breaches have caused.

 

Frank Gavigan is the President and CEO of Premier Commercial Bank in Greensboro and says he's been busy after news broke of the recent breaches."Customers will be issued new cards, new PINs," Gavigan said. And while keeping his clients' accounts safe is a priority, it isn't cheap."The burden of fixing those problems all often falls back on banks," he said. So far, the bank has issued dozens of new cards to clients whose information may have been hacked. Each card costs between $3 to $10 to reissue, not to mention other fees.

 

"When it's multiplied by tens and maybe hundreds of millions, it's a big cost," Gavigan said. And that's just with the breaches made public at Target and Neiman Marcus, not including new breaches at three other major retailers whose names haven't been 

made public.

 

"This type of large data breach opens the doors for other scams as well," said Michael Henson, a dispute resolution specialist for the Better Business Bureau of Central North Carolina. Henson says consumers should be extra vigilant about checking their statements for strange fees, consider changing their bank PIN numbers, and sign up for credit reports from all three credit bureaus. "Those people are out there right now," Henson said. "You've got to be sure to protect yourself."

  

The interview can be viewed at http://myfox8.com/2014/01/13/local-banks-help-clean-up-security-breach-mess/FOX8 NEWS: 

 

CAROLINE FARMER, NC DEPARTMENT OF JUSTICE, IS FEATURED SPEAKER FOR THE 

FIRST SEMINAR OF 2014: 

    

 

Protect Your Company from Scams and Fraud
Join us for our first LunchU of 2014, and learn how to protect yourself and your company from scams and fraud. Our keynote speaker will be Caroline Farmer, Deputy Director, Victims and Citizens Section of the NC Department of Justice. She will share valuable information on preventing fraud and protecting your privacy. She will be joined by Lou Nunn, Premier's Vice President and Director of Banking Services who will share insights on best practices for online banking. A complimentary boxed lunch will be served and reservations are required.
 

 

Wednesday, February 12, 2014

11:45am - 1:00pm

Greensboro Regional REALTORS Association

23 Oak Branch Drive in Greensboro

Please RSVP by Thursday, February 6, 2014 to Trang Trinh at ttrinh@premierbanknc.com or 336-398-2321. Make your reservation today! Space is limited. Feel free to share this information with friends and business associates.

_______________________________________________________________
CLIENT PROFILE - 
THE SALVATION ARMY 

"Doing the Most Good" - that's the motto of the Salvation Army. As a nonprofit organization working in 126 countries around the world, the Salvation Army meets the needs of each community that it serves. Locally, those services include daily character building programs such as the Boys and Girls Clubs, providing shelter for families in need of transitional housing, and providing safe and affordable housing for seniors. 

 

The Salvation Army is about people helping people, about relationships. So when the Salvation Army needed a banking partner, they looked to Premier Bank. "More than anything, we were looking for a partnering relationship," says Salvation Army Director of Operations, Nemin Chander. "It is easy to partner with someone who is in the community versus a larger bank that may not have a local presence here." In addition to the relationship, he cites lower fees and superior customer service, such as Premier's courier service, as main reasons they chose Premier. Relationship banking, the Premier Way.

_______________________________________________________________
PREMIER SPONSORS 5th ANNUAL FASHION SHOW AND AUCTION FOR RESTORATION PLACE COUNSELING

 

This year's Broadway style runway show, called Restoration Runway, will take place on Thursday, March 27 from 6:00pm-9:00pm at Greensboro Country Club. Once again, the show will feature the true beauty of everyday women modeling the latest fashion and accessories from local retail partners. Proceeds from the event will go directly to RPC to enable them to continue providing counseling services to girls and women in the Triad. Purchase tickets online at https://cloud.bidpal.net/Portal10/bpe52696/tickets/preview.html

_______________________________________________________________

About Premier Commercial Bank

 

Premier Commercial Bank offers a wide range of products and services that integrate both business, personal banking and mortgage needs. Our staff is composed of experienced banking experts who work closely with each client to develop highly customized banking services. To learn more, visit premierbanknc.com.

_______________________________________________________________