FIRST BANK HISTORY

  • Bank Name:First Bank
  • Bank Class:Federal Reserve Member Bank
  • Member FDIC:Certificate #15019
  • Locations:100 Branches in 2 states

First Bank was founded on January 1, 1934 and has been serving the financial needs of their customers for over 86 years.

First Bank currently operates with 100 branches located in 2 states as a subsidiary of First Bancorp. Check below for important events in banks history.

IMPORTANT EVENTS IN BANKS HISTORY

Below is a list of some important events in the history of First Bank, including mergers and acquisitions. This data was last revised on 16th of December, 2019.

DATEEVENT

Jan 01, 1934Institution established: Original name: Bank of Montgomery

Feb 20, 1985Changed name to First Bank

Jul 10, 1987Acquired The Bank of Candor (8926) in Candor, NC

Aug 26, 1994Acquired Central State Bank (9856) in High Point, NC

Dec 15, 1995Acquired First Scotland Bank (25839) in Laurinburg, NC

Nov 17, 2000Acquired First Savings Bank of Moore County, Inc., Ssb (28074) in Southern Pines, NC

Sep 18, 2001Acquired Home Savings, Ssb (31012) in Thomasville, NC

May 16, 2003Acquired Carolina Community Bank, National Association (11537) in Latta, SC

May 16, 2008Acquired Sentry Bank & Trust (28032) in Cheraw, SC

Jun 20, 2009Acquired Cooperative Bank (27837) in Wilmington, NC as part of a government assisted transaction.

Jan 21, 2011Acquired The Bank of Asheville (34516) in Asheville, NC as part of a government assisted transaction.

Sep 04, 2013Moved bank headquarters from Troy, NC to Southern Pines, NC

Apr 22, 2015Changed primary regulatory agency from Federal Deposit Insurance Corporation to Federal Reserve Board

Apr 22, 2015Changed institution class to Insured Commercial Or Savings Banks, State, Members FRS

Mar 04, 2017Acquired Carolina Bank (34348) in Greensboro, NC

Oct 01, 2017Acquired Asheville Savings Bank, S.s.b. (29663) in Asheville, NC

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NEW BRANCHES

No new branches were opened in the last 12 months...

CLOSED BRANCHES

No branches were closed in the last 6 months...

POPULAR BRANCHES
101 North Spring Street, Greensboro, NC 27401
1200 North Main Street, High Point, NC 27262
335 S. Fayetteville Street, Asheboro, NC 27203
901 Chesterfield Highway, Cheraw, SC 29520
4295 Nc Hwy 211, West End, NC 27376
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