Orange Savings and Loan building

In the chronology

1. by July 27, 1961 Orange Savings and Loan clears its lot and starts a new office building in Chapel Hill Houses were being cleared from the Orange Savings and Loan Association's new lot at East Rosemary and North Columbia streets for a $175,000 two-story office building with a drive-in window, rental offices and a parking lot, to be built by C. C. Woods Construction Company of Durham in six to eight months. People: John S. Bennett The News of Orange County (Hillsborough), July 27, 1961, p. 4
2. by June 28, 1962 Orange Savings and Loan moves into a new colonial-style building at Rosemary and Columbia streets The Orange Savings and Loan Association, chartered in Chapel Hill 43 years earlier, opened its new downtown office at East Rosemary and North Columbia streets and set a grand opening for July 2 through 20. The paper put its resources near $10 million, against $725,000 when it first took its own quarters on West Franklin Street in 1951. People: Ira Ward, John S. Bennett The News of Orange County (Hillsborough), June 28, 1962, p. 4
3. November 2, 1962 The Chapel Hill-Carrboro Merchants Association decides to buy the former Orange Savings and Loan building At a special meeting the association's directors decided to raise a $5,000 down payment through interest-bearing notes on the $20,000 former Orange Savings and Loan Association building on West Franklin Street. It had about two and a half times the space of the office the association had rented for nine years on North Columbia Street, and the move was expected about December 1. The News of Orange County (Hillsborough), November 8, 1962, p. 6

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