SunTrust Closing Cooleemee’s Only Bank

Published 12:00 am Monday, January 14, 2013

By Jackie Seabolt
Enterprise Record

COOLEEMEE – The town’s only bank will close its doors on March 22.
“This will be a great inconvenience for older people and everyone in Cooleemee,” Mayor Lynn Rumley told board members last month. She suggested the board send a letter to SunTrust Bank corporate headquarters opposing the closing.
“And if they do close let’s do our own economic development and try and get another financial institution in here,” Rumley said. Board members agreed.
SunTrust is also closing its Downtown Mocksville branch.
In other action, the Cooleemee board:
• Appointed Robert Phillips to the ABC Board. Phillips term will  run Jan. 2013 for three years. He replaces Bill Bowen’s seat.
• Approved a contract with Mid Atlantic Association in Raleigh to complete an environmental assessment at Cooleemee’s old mill. The work is part of the mill renovation project under way. Rumley said the contract price for the assessment will be negotiated;
• Commissioner Chris Branham presented a rough sketch for …