This morning, First Bank finalized its acquisition of Select Bank & Trust by moving into what was Select Bank’s office at 2818 Raeford Road in Fayetteville.
First Bank is adding 11 branches to its footprint and adding 1,300 employees to its offices. With the merger, First Bank has 120 locations throughout North and South Carolina with a $10.6 billion asset size.
“The conversion went well, as expected, after many months of preparation and practice by a dedicated team. We are really excited to have our new associates fully on board and the new branches in our network,” stated Mike Mayer, president and CEO of First Bank. “First Bank is the largest community bank in NC now, and we are ready and able to serve our current customers and our new customers from Select Bank. It’s an exciting time for us, and we are very proud of what we’ve accomplished.”
The culture of First Bank plays an important role in how the company handles business. Both banks have always made excellent service a priority, which is part of why the merge of brands was successful.
With similar values, both banks make great efforts to ensure that their teams stay intact and communicate well throughout the organization and with the customers.
To wrap up the first day, attendees were able to meet up for a social event at the Brad Halling American Whiskey Ko. in Southern Pines where a $10,000 check was presented to the Joint Special Operations Foundation for their scholarship fund. Photo pr
The three-story, 200,000 square-foot business incubator space is located at 420 Maiden Lane. The building features an elevator, construction has begun on handicap bathrooms for the first floor and the second and third floors feature window walls offering views of Segra Stadium.
Image provided by FTCCFocused on building the local workforce and streamlining the education process through real world learning, the Hope, Opportunity, Prosperity through Education Program at Fayetteville Technical Community College (FTCC), also kno
