Bank of Oak Ridge Uses Lobby Coin Counting Machine to Collect United Way of Greater Greensboro Donations

OAK RIDGE, N.C.--()--Nov. 7, 2005--After it's success last year in collecting money for the United Way of Greater Greensboro, Bank of Oak Ridge (NASDAQ:BKOR) will once again use its in-office Money-Go-Round coin counters for accepting contributions. The bank will make an initial donation of $1,000 and will then match donations collected from the community up to $2,000 through the month of November.

"We raised $5,110.61 last year and I think everyone who made a donation got a kick our of seeing the coin counters in action," said Bank of Oak Ridge President Ron Black. "With the recent addition of our New Garden Crossing location in Greensboro, we hope to present the United Way with an even larger amount this year."

To make a donation, both customers and non-customers of Bank of Oak Ridge can bring their loose change to any bank office in Greensboro, Oak Ridge or Summerfield. The Money-Go-Rounds, which can count up to 700 coins a minute, are simple to use and located in the lobby of each office. To start the process, you simply pour your loose change into the machine's coin tray and push the start button. In seconds, you'll receive a receipt allowing you to get cash, make a deposit into a Bank of Oak Ridge account, or donate a percentage or all of the amount to the United Way.

There is no charge to use the Money-Go-Round coin counters, unlike coin counting machines found in other locations that charge a fee of up to nine percent to count change. Bank of Oak Ridge is the only bank in the Triad area that provides access to free, self-service coin counting machines. The machines are also designed to introduce children to important money-saving concepts and re-establish the tradition of taking their coins to the local bank to have them counted.

Bank of Oak Ridge, headquartered in Oak Ridge, NC, is a community bank with locations in Oak Ridge, Summerfield and Greensboro. The bank offers a complete line of banking and investment services, including savings and checking accounts, mortgage and business loans, Saturday hours, same-day deposits, business and personal internet banking with balance alerts and reminders, internet bill payment and accounts designed specifically for seniors, small businesses and civic organizations. For more information, contact Bank of Oak Ridge at 336-644-9944, or visit www.bankofoakridge.com.

Contacts

Bank of Oak Ridge
Ron Black, 336-644-9944

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Contacts

Bank of Oak Ridge
Ron Black, 336-644-9944