Gateway Financial Holdings Inc., the holding company for Gateway Bank & Trust Co., announced that its subsidiary, Gateway Insurance Services Inc., purchased Whitehurst Insurance Agency, Inc. effective May 1, 2004. Whitehurst has offices in Elizabeth City, Edenton, and Moyock, North Carolina.
Whitehurst was established in 1908, and is one of the oldest property and liability agencies in northeastern North Carolina.
“This purchase is another example of Gateway’s commitment to increasing non-interest income and diversifying our revenue base,” said D. Ben Berry, chairman, president, and CEO of Gateway Bank. “This is a reputable insurance agency with experienced insurance professionals.” Gateway Insurance Services now has eight offices serving northeastern North Carolina.
Gateway Bank provides a full range of financial, insurance, and investment services. A full line of personal and commercial insurance services is offered through its subsidiary, Gateway Insurance
Services Inc.
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