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Wake Forest Bancshares, Inc.
302 South Brooks Street
Phone: (919) 556-5146p:919 556-5146 WAKE FOREST, NC  27587  United States Ticker: WAKEWAKE
This company ceased filing statements with the SEC on 12/5/2008.
This is a Subsidiary, click here for the Parent Company
Business Summary
Wake Forest Bancshares, Inc. is a holding company of Wake Forest Federal Savings & Loan Association (the Association). The Association’s principal activities consist of obtaining savings deposits and providing mortgage credit to customers in its primary market area, the counties of Wake and Franklin, North Carolina. The Association offers personal banking, business banking and loan services. The Association’s personal banking services include personal checking accounts, savings accounts, money market accounts, certificates of deposit and individual retirement accounts (IRA), mortgage loans, home equity loans, land loan, and deposit loans. The Association’s business banking services include business checking accounts, savings accounts, business money market accounts, certificates of deposit (CD) and business loans. The Association’s loan services include Fixed Rate Mortgages, Balloon Mortgages, Home Equity Loans, Commercial Real Estate Mortgages, Commercial Lines of Credit and other.

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
9/30/20129/30/2012YesYes---

Industries
SIC Code Description
6035 Savings institutions, federally chartered
6029 Commercial banks, not elsewhere classified
6712 Offices of bank holding companies

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
President, Chief Executive Officer, Chief Financial Officer, Director Robert C.White 56 9/1/2002 1/1/1999
Vice Chairman of the Board R. W.Wilkinson 84 1/1/1999 1/1/1999
Vice President Susan S.Carter 53 2/1/2004 2/1/2003
6 additional Officers and Directors records available in full report.

Business Names
Business Name
WAKE
Wake Forest Bancshares
Wake Forest Federal Savings and Loan Association

General Information
Number of Employees: 9 (As of 9/30/2007)
Outstanding Shares: 1,070,296 (As of 9/30/2022)
Shareholders: 350
Stock Exchange: OTC
Federal Tax Id: 562131079


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Monday, August 28, 2023