BizFayetteville logo print

Lumbee Guaranty Bank chairman inducted into N.C. Banking Hall of Fame

By Staff Report, posted Nov 19, 2021 on BizFayetteville.com

Larry Chavis. Photo provided by Hodges Advertising Associates

Chairman of the Board of Lumbee Guaranty Bank Larry Chavis was inducted into the North Carolina Banking Hall of Fame. 

The Hall of Fame was established in 2021. Inductees are leaders of the state’s banking industry who have impacted their communities. 

“We inducted titans of the banking industry into the North Carolina Banking Hall of Fame this week. They are an inspiration to me and the people they touch every day, and they are shining examples of leadership and service to others,” Peter Gwaltney, president and CEO of the North Carolina Bankers Association, said of Chavis and other 2021 inductees. 

Altogether, Chavis has 50 years experience in the banking industry. He began working at LGB in 1987 as president and CEO of the bank. Chavis was elected as Chairman of the Board upon his retirement in 2019. 

While working for the bank, LGB grew from one office to 14locations across Robeson, Hoke and Cumberland County. 

In addition to his profound impact on LGB and the banking industry, Chavis has “served with many church, civic, economic development, and educational organizations in the communities served by Lumbee Guaranty Bank,” the press release said. 

“No one is more deserving of this Hall of Fame honor than Mr. Chavis,” said the current CEO of Lumbee Guaranty Bank, Kyle R. Chavis. “While his professional achievements and his service to the community are remarkable, I would also note that, throughout his career, he has always taken time to support and mentor his fellow employees and to interact personally with our shareholders and customers of the bank.”

Copyright © 2024 Enhanced Media Management Inc. dba Greater Fayetteville Business Journal
This story may be displayed, reformatted and printed for your personal, noncommercial use only and in accordance with our Terms of Service located at https://bizfayetteville.com/useragreement.