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Cooperative Bankshares, Inc.
201 Market Street
Phone: (910) 343-0181p:910 343-0181 WILMINGTON, NC  28401  United States Fax: (910) 251-1652f:910 251-1652

On 9/14/2015, the Company's Chapter 7 Bankruptcy Case (#09-06989) was terminated in the U.S. Bankruptcy Court for the Eastern District of North Carolina
This company is no longer actively traded on any major stock exchange.

Business Summary
Cooperative Bankshares, Inc. (Bankshares) is a bank holding company for Cooperative Bank (Cooperative). Bankshares’ primary activities consist of holding the stock of Cooperative Bank and operating the business of the Bank and its subsidiaries. Cooperative provides a range of banking products, including interest-bearing and noninterest-bearing checking accounts, certificates of deposit, savings accounts, and individual retirement accounts. It offers an array of loan products, such as overdraft protection, commercial, consumer, agricultural, real estate, residential mortgage, and home equity loans. The Cooperative also offers safe deposit boxes and automated banking services through online banking, online bill pay, automated teller machines (ATMs), and Access24 Phone Banking.
(Source: 10-K)

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
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Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
3/31/200912/31/2008YesYesYes--

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board of the Company and the Bank James D.Hundley 70 6/9/2009 1/1/1990
Interim President, Interim Chief Executive Officer, Chief Financial Officer Todd L.Sammons 51 2/3/2009 12/1/2000
Chief Operating Officer, Senior Executive Vice President O. C.Burrell 64 1/1/2008 5/1/1993
6 additional Officers and Directors records available in full report.

Business Names
Business Name
Bank of Jefferson
Cooperative Bank
Cooperative Bankshares Capital Trust I
Cooperative Bankshares Capital Trust II
Lumina Mortgage Company

General Information
Number of Employees: 200 (As of 12/31/2008)
Outstanding Shares: 6,589,256 (As of 5/13/2009)
Shareholders: 525
Stock Exchange: OTC
Federal Tax Id: 561886327
Fax Number: (910) 251-1652
Email Address: coop@coop-bank.com


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Friday, July 21, 2023