Buyout of National Commerce Financial Could End Durham, N.C., Bank's Brand Name.
By Paul Bonner, The Herald-Sun, Durham, N.C. Knight Ridder/Tribune Business News
May 8--Central Carolina Bank's parent company, National Commerce Financial Corp., could soon be acquired by another bank, possibly spelling the end of the Durham-born CCB brand.
CCB's "back office" operations, such as accounting, could shrink from their current 600 Durham employees, as well.
Memphis, Tenn.-based National Commerce Financial responded Friday to reports of bidding for the company, saying the bank was reviewing its "strategic alternatives, including
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