Local First Bank
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ShareCopied to clipboardLocal First Bank is a company. It is a public company in Southern Pines, the United States. It was founded in 1935 and its current CEO is Richard Hancock Moore. It is part of the Financials sector, specifically in the Banks industry.
Key facts
- city: Southern Pines
- country: United States
- employees: 1,345 people
- revenues: 333.7M $
- company type: public
- sector: Financials
- industry: Banks
- foundation year: 1935
- CEO: Richard Hancock Moore
- ESG score: Try Pro to see estimate
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Local First Bank is one of the companies in the United States, companies in Banks, companies in Financials, companies in Southern Pines and 3,456,808 companies in our database.
Talking Points
- First Bank
- First Bank is the leading independent, full-service community bank in the Carolinas. From personal to business banking, our local team is here to help you.
- Full-service community bank providing best-in-class financial solutions, advice and technology with a hometown touch. NC, SC. Member FDIC.
- We're dedicated local bankers you can count on. | Established in 1935, First Bank is now the largest independent, full-service community bank headquartered in North Carolina. With more than 100 branches across the Carolinas, we provide the best-in-class financial solutions, advice and technology you need to manage your home or business—with ...
- First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses primarily in North Carolina and northeastern South Carolina. It accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificate of deposits and individual retirement accounts. The company also offers loans for a range of consumer and commercial purposes comprising loans for business, real estate, personal, home improvement, and automobiles, as well as residential mortgages and small business administration loans; and accounts receivable financing and factoring, inventory financing, and purchase order financing services. In addition, it provides credit and debit cards, letter of credits, and safe deposit box rental services, as well as electronic funds transfer services consisting of wire transfers; and internet and mobile banking, cash management, bank-by-phone services, and remote deposit capture services. Further, the company offers investment and insurance products, such as mutual funds, annuities, long-term care insurance, life insurance, and company retirement plans, as well as property and casualty insurance products; and financial planning services. As of December 31, 2021, it operated 121 branches comprising 114 branch offices located in North Carolina and seven branches in South Carolina. First Bancorp was founded in 1934 and is headquartered in Southern Pines, North Carolina.
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- GrandSouth Bank is now First Bank. We’re hard at work integrating the two banks’ systems. This will be completed in March 2023.
- GrandSouth Bancorporation operates as the bank holding company for GrandSouth Bank that provides banking services to individuals and businesses. It accepts checking accounts, savings accounts, money market accounts, various term certificates of deposit, and individual retirement accounts. The company also offers one-to-four family residential, commercial real estate, home equity and lines of credit, residential construction and other construction and land, and commercial loans; and consumer loans comprising loans secured by personal property, such as automobiles, marketable securities, and boats and motorcycles, as well as unsecured consumer debt. In addition, it invests in investment securities, as well as provides specialty floor plan lending to small auto dealerships under the CarBucks trade name. The company operates through eight branches across South Carolina. GrandSouth Bancorporation was founded in 1998 and is based in Greenville, South Carolina.
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