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KS Bank reaches 100-year milestone You h me a ad ruff! t
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Sales as sweet as a box of chocolates!
Submitted by KS Bank
SMITHFIELD — KS Bank is proud to announce that it is celebrating its 100th anniversary in business. Currently, there are estimated to be fewer than 1,000 companies in the United States that have survived 100 years — less than half a percent of all businesses in the U.S. Founded in 1924, the institution began as Kenly Building & Loan Association, primarily providing home loans to individuals in Kenly and the broader Johnston County area. In 1961, the company changed its name to Kenly Savings & Loan Association and hired its first Executive Vice President, Harold McRae. Under his leadership, the bank opened a second office in Selma. McRae served as Executive Vice President until 1990, when the first
President and CEO, Harold T. Keen, was elected. The bank began expanding to other markets, and in 1999, changed its name to KS Bank. Keen served as President and CEO until January 2022, when Earl W. Worley, Jr. was elected to lead the bank, and Keen stepped into a role as the bank’s President Emeritus. Since the bank’s establishment in 1924, it has evolved into a full-service,
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Submitted by AdVenture Development
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state-of-the-art community bank. The bank now operates nine retail banking locations in Johnston, Wilson, Wayne and Wake counties, with a tenth retail branch currently being constructed in Dunn. In addition to traditional banking products, KS Bank offers business and commercial loans, trust and wealth products, and a complete range of electronic banking products and services.
Target announces
new store in Selma
dventure Development, LLC, is pleased to announce that Target will open a new location at Eastfield, a mixeduse development in Selma. “We’re thrilled to welcome Target to Johnston County,” AdVenture Development President Kevin Dougherty said. “When we conducted surveys, Target was the retailer that people wanted most in their community. With our diverse mix of retailers in Eastfield, residents can now look forward to having their favorite shops close to home and work.” Target will join other retail tenants Hobby Lobby, Old Navy, Ulta Beauty, Marshalls, Ross, Burlington and Five Below in Phase 1 of a 200,000 square-foot retail development in Eastfield, located at Exit 97 and 98 on I-95. Construction in the retail development phase is underway
“Our longevity is a testament to the trust and loyalty of our customers,” said Worley. “For 100 years, we have been a part of various communities in eastern North Carolina, offering not just banking products but also funding the dreams of small business owners, providing stable careers for our employees and giving leadership and financial support for organizations making our communities a great place to live and work. We’re excited for the future of KS Bank and are committed to offering superior service and support for the next 100 years.” To celebrate this momentous occasion, KS Bank has planned a series of exciting events for the community throughout the year. These celebratory activities will express gratitude to loyal customers and welcome new customers into the KS Bank family. Connect with KS Bank on Facebook and LinkedIn to stay up-to-date on their celebrations.
with the first tenants opening later this year. Target will build an approximately 130,000 square-foot store, to be located at 551 Saint Mark Avenue, along Highway 70A and accessed from the Highway 70 intersection. Eastfield is a master planned, mixeduse development comprising a business park, retail, medical, coworking, hospitality, entertainment, senior and residential living on about 400 acres of land. Recently completed projects in the development include Shield Republic, Carolina Wholesale Flooring and Old North State Food Hall at Triangle East Collaborative (TEC) and Eastfield Business Park Building 100. To learn more about Eastfield and AdVenture Development, LLC, visit adventuredev.com.
[ February 2024 ] • 9
