Financial Services >> CEO Interviews >> March 1, 1998

Charles M. Snipes – Bank Of Granite (gran)

CHARLES M. SNIPES is President & CEO of Bank of Granite. He is a veteran of 40 years as a community banker in the Catawba Valley. He joined First National Bank of Catawba County in Hickory as a Manager/Trainee. The bank grew from assets of $37 million to $380 million when the bank was sold to First Union in November, 1981. Snipes was named Senior Vice President and Regional Executive for First Union until he resigned to join the Bank of Granite as Executive Vice President in September, 1982. At that time, Bank of Granite had assets totaling $67 million. Named President in July 1987 and CEO in April, 1994. At the end of 1997 Bank of Granite assets totaled $528 million. Snipes graduated from Lenoir-Rhyne College in Hickory, North Carolina School of Banking at UNC-Chapel Hill and the Stonier Graduate School of Banking at Rutgers University. His current banking leadership positions: Chairman -- NC Bankers Association, Member -- NC Banking Commission -- Member -- ABA Community Banking Council. Profile
TWST: Give us a background summary, a brief historical sketch on Bank of

Granite Corporation, and then bring us up to date. What's the company

doing today?

Mr. Snipes: Well, our bank was