Banking leaders inducted into N.C. Banking Hall of Fame
RALEIGH – A Mutual Community Savings Bank leader was one of seven inducted into into the North Carolina Banking Hall of Fame on Sunday.
F. V. Allison Jr., the former president and CEO of Mutual Community Savings Bank in Durham, was elected alongside other leaders from Rocky Mount, Asheville, Raleigh, High Point and Charlotte.
Durham-based Mechanics & Farmers Bank acquired Mutual Community Savings Bank, which was also a historic pillar of finance for the black community in downtown Durham, in 2008.
Allison became the bank’s president and CEO in 1978. During his tenure, Mutual Savings transitioned from a mutual savings and loan association to a mutual savings bank, and made two acquisitions.
These inductees, the fifth class to be honored, will bring the total membership in the Banking Hall of Fame to 25. They represent community banks, major national banks, thrift institutions and public servants.
RTI program director wins award
DURHAM – Lynn Davis, director of the Nano-enabled Devices Program at RTI International, has won the 1906 Award from the International Electrotechnical Commission.
Created in 2004, the peer-nominated 1906 Award honors IEC experts for their achievements in international electrotechnical standardization.
Davis was recognized for developing the first electrotechnical product-oriented IEC standard in nanotechnology. He led an international team of experts from the IEC to draft, research and create the standard to determine the efficiency of luminescent nanomaterials used in lighting and display products. The standard can be used by manufacturers to more easily compare materials made by different manufacturers.
The IEC is a global organization that publishes consensus-based International Standards and manages conformity assessment systems for electric and electronic products, systems and services, collectively known as electrotechnology.
Durham-based attorney makes partner
DURHAM – The law firm of Morris, Manning & Martin has elected Bradford “Brad” Lenox to be a partner in the firm.
He will assume his new role effective Jan. 1. Lenox advises clients in the corporate, securities, real estate capital markets and funds and alternative investments practices on all aspects of fund formation and related legal matters.
His work includes helping form, and take public, listed and unlisted real estate investment trusts, as well as working with venture capital funds and venture capital-backed companies. He is based in the Durham office.
Retired associate justice joins law firm
CHAPEL HILL -- Willis P. Whichard, retired associate justice of the N.C. Supreme Court and former dean of the Campbell Law School, has joined the firm of Tillman Hinkle as partner.
The name of the firm has been changed to Tillman, Hinkle & Whichard.
The firm specializes in estate planning and estate administration.
Whichard, who formerly served as the public administrator and the public guardian for Durham County, will practice in these areas. He will continue to participate in arbitration, mediation and litigation consultations, especially on cases in the appellate courts.
Whichard has served in both houses of the state legislature and on both of the state's appellate courts. Beth Tillman, the firm's founder, was his law clerk on the N.C. Supreme Court from 1993-95.