Oak Ridge Financial Services, Inc. operates as a bank holding company for Bank of Oak Ridge that provides commercial banking products and services primarily to individuals, and small and medium size businesses in Guilford and Forsyth Counties, North Carolina. The company’s deposit products comprise non-interest bearing checking accounts, interest bearing checking and savings accounts, money market accounts, and certificates of deposit, as well as time deposits. Its loan portfolio consists of commercial loans, including secured loans for working capital, expansion, and other business purposes; consumer loans, such as automobile loans, boat and recreational vehicle financing, home equity and home improvement loans, and secured and unsecured personal loans; construction loans consisting of one-to-four family residential construction loans for the construction of custom homes, as well as financing to builders and consumers for the construction of homes; commercial mortgage loans; and small business administration guaranteed loans. The company also offers financial planning services; sells investment products, such as mutual funds, equities, and fixed and variable annuities; and provides on-line and mobile banking services. It operates through a network of five banking offices. The company was founded in 2000 and is headquartered in Oak Ridge, North Carolina.

Key Statistics