Banking & Finance

Apr 23, 2025

Richmond Fed President engages with local voices at UNC Pembroke

Chancellor Robin Gary Cummings (right) presents Federal Reserve Bank of Richmond President Tom Barkin with a handcrafted Lumbee pinecone patchwork artwork during his visit to UNCP. Photo provided by UNCP.The head of the Federal Reserve Bank of Richmo ...

Mar 20, 2025

United Bank celebrates 186 years of service

It was a bicentennial celebration for employees of United Bank across the country on March 17, 2025. United Bank’s story began on March 17, 1839. In the 186 years that followed, it has grown to a premier banking company with a strong presence th ...

Mar 20, 2025

Getting things done in Dunn: Nancy Blackman reflects on her career in supporting and funding small businesses in rural NC

Nancy Blackman. Photo provided by Blackman.In the landscape of regional rural economic development, Nancy J. Blackman stands out for providing financial opportunities to hundreds of small businesses and helping them to forge a path forward in uncerta ...

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AI in Cybersecurity: A Double-Edged Sword for SMBs

Posted Apr 30, 2025
As an IT leader for the last 10 years that works with hundreds of small and mid-sized businesses, I’ve seen firsthand how AI is reshaping the way we operate—and not always for the better. While AI has enormous potential to boost productivity, improve
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Mar 4, 2025

Application period now open for Cumberland County nonprofit assistance program grants

Graphic provided by: Cumberland County The application period is now open for nonprofit organizations in Cumberland County who wish to apply for a Community Impact Grant.The Cumberland County Community Impact Grant Program allows nonprofit organ ...

Feb 27, 2025

First Power Breakfast of 2025 provides economic insights

Photos by Daniel ColemanHundreds of decision makers and leaders from a variety of industries gathered this morning for the first Power Breakfast of 2025. The event featured a presentation from Tom Barkin, president of the Federal Reserve Bank of Rich ...

Feb 20, 2025

Promoting a president: First Bank promotes acting president to new CEO

Adam Currie - Photo provided by First BankThe Board of Directors of First Bancorp (NASDAQ - FBNC), the parent company of First Bank (the “Bank”), have announced the promotion of G. Adam Currie from President to Chief Executive Officer (CEO) of the Ba ...

Jan 29, 2025

United Bankshares, Inc. announces earnings for the Fourth Quarter and Year of 2024

United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported earnings for the fourth quarter of 2024 of $94.4 million, or $0.69 per diluted share. Fourth quarter of 2024 results produced annualized returns on average assets, average equity, ...

Jan 17, 2025

Can Do Performance Financing Program now open

The Community Development Foundation (CDF) is partnering with FCEDC to launch the Can Do Performance Financing Program.The program was designed to address the barriers to capital that have impeded the creation of sustainable businesses within Fayette ...

Dec 19, 2024

Federal Reserve cuts interest rates by additional 0.25%

Chair Powell answers reporters' questions at the FOMC press conference on December 18, 2024.The Federal Reserve Board has announced it will be further cutting interest rates by an additional 0.25% following a meeting held on Dec. 18. This is the thir ...


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In The Current Issue

Measuring success

Welcome to the 118th issue of Greater Fayetteville Business Journal, or Volume 4, No. 22 as we like to call it on the front page. None of these numbers really have much relevance unless you have been there from the beginning and have an understanding


Open survey for Corridor K: NCDOT releases public survey regarding Corridor K, and the potential route for I-685

The FCEDC is requesting the public's help in filling out this survey to ensure our voice is heard. Graphic provided by FCEDC.The North Carolina Department of Transportation is looking for input on a connected route that would link several centers of


Put it downtown; Businesses in downtown Fayetteville advocate for the Crown Event Center project to stay in its currently planned spot

Downtown business owners and organizations gathered for the Joint Quarterly Meeting organized by the Downtown Alliance of Fayetteville and Cool Spring Downtown District on Wednesday, April 17 at the Volta Space. It’s been a busy few months for t