Select Bancorp, Inc. (the “Company” NASDAQ: SLCT), the holding company for Select Bank & Trust Company, headquartered in Dunn, has been named to the Capital Investment Companies Carolinas Index, an equal-weighted index composed of the 75 largest companies in the Carolinas, based on market capitalization. Companies which generally have $150 million market cap (or greater) were selected.
Matt West, director of Analytics, The Carolina Index explains, “Capital’s own Carolinas Index is comprised of the top 75 North Carolina and South Carolina companies with market capitalizations generally greater than $150 million. While the Carolinas Index is not tradeable, it serves as a benchmark to measure our region’s performance as compared to the broader national market. While short-term financial markets may be uncertain, we are optimistic about the long-term prosperity and growth of our region.”