This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

ECB Reports Limited Damage From Hurricane Irene

Stocks in this article: ECBE

ECB Bancorp, Inc. (NASDAQ: ECBE) (“ECB” or the “Company”), the parent company of East Carolina Bank (the “Bank”), reported that their doors were open on Monday to service the needs of their customers at 22 of their 25 office locations, after Hurricane Irene made landfall in eastern NC early Saturday morning.

East Carolina Bank operates 25 offices in eastern NC from Currituck to Ocean Isle Beach and Greenville to Hatteras, which is the same area of NC that Hurricane Irene’s path tracked this past weekend . ECB’s team focused on preparing their office locations to shoulder the storm last Thursday and Friday while various communities issued mandatory evacuations. “The safety of our associates and their families was of primary importance to us as ECB prepared for Irene’s arrival. As early as Friday, we relocated key personnel to our Greenville market to ensure business continuity after the hurricane. Our customer call center was operational during the weekend to assist our customers, and our website was updated with pertinent information related to our office locations,” reported James Burson, EVP and Chief Revenue Officer.

Dwight Utz, President & CEO stated, “Our disaster preparedness and recovery plan was activated and management from across our organization met at intervals throughout the weekend to ensure that each component of our plan was positioned for execution. The post disaster and recovery process has been executed with precision and placed ECB in the position to open our doors on Monday in order to service the special needs of our small business clients and individual customers post Hurricane Irene. Certainly we are most grateful that all of our associates and their families remained safe during the hurricane.”

All offices of ECB are open normal business hours, with the exception of Avon and Fairfield which will be open as soon as possible.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,416.85 +225.48 1.31%
S&P 500 2,021.25 +19.09 0.95%
NASDAQ 4,683.4070 +45.4130 0.98%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs