Banking & Finance

Jan 13, 2026

TowneBank announces completion of Dogwood State Bank merger

Hampton Roads-based TowneBank (NASDAQ: TOWN) announced yesterday, Jan. 12, the completion of its merger with Raleigh-based Dogwood State Bank (“Dogwood”). The merger substantially enhances TowneBank’s strategic journey down the fast-growing Interstat ...

Jan 12, 2026

KS Trust and Wealth Management rebrands as Kestrel Wealth Management, a division of KS Bank, Inc.

Image courtesy of KS BankKestrel Wealth Management, formerly known as KS Trust and Wealth Management, is proud to announce their comprehensive rebrand as they grow in the financial services sector. The company remains a division of KS Bank. The rebra ...

Dec 12, 2025

First Bancorp announces cash dividend payable for Jan. 2026

The Board of Directors of First Bancorp (NASDAQ: FBNC) (the "Company"), the parent company of First Bank, has declared a cash dividend on its common stock of $0.23 per share payable on Jan. 25, 2026 to shareholders of record as of Dec. 31, 2025."Duri ...

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Emily DeYoung
Cape Fear Valley Blood Donor Center

A season of giving: The urgent need for blood in Fayetteville

Posted Dec 11, 2025
During the holiday season, the need for blood donations at Cape Fear Valley Blood Donor Center grows even more urgent, as changing routines and increased travel contribute to a dip in regular donations. Despite this, the demand for blood remains stea
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Oct 27, 2025

United Bankshares announces record earnings for the third quarter of 2025

Logo courtesy of United BankUnited Bankshares, Inc. reported record earnings for the third quarter of 2025 of $130.7 million, or $0.92 per diluted share. Third quarter of 2025 results produced annualized returns on average assets, average equity and ...

Oct 9, 2025

Lending perspectives: Local banks respond to recent federal rate cuts

 Chair Powell answers reporters' questions at the FOMC press conference on Sept. 17, 2025. Photo provided by the Federal Reserve.On Wednesday, Sept. 17, the Federal Open Market Committee (FOMC) announced that it had decided to lower the target r ...

Sep 18, 2025

First Bancorp announces cash dividend- September 2025

The Board of Directors of First Bancorp (NASDAQ: FBNC) (the "Company"), the parent company of First Bank, has declared a cash dividend on its common stock of $0.23 per share payable on Oct. 25, 2025 to shareholders of record as of Sept. 30, 2025.“Dur ...

Sep 5, 2025

Latino Community Credit Union expands access to ethical, affordable financial services in new location

Photo by LCCUThis summer, Latino Community Credit Union (LCCU) celebrated the grand opening of its newly relocated and expanded branch in Fayetteville, North Carolina. The new, state-of-the-art branch offers improved accessibility and increased ...

Aug 19, 2025

Dogwood State Bank to be acquired by TowneBank, creating $22B institution

TowneBank (NASDAQ: TOWN) and Raleigh based Dogwood State Bank (OTCQX: DSBX) (“Dogwood”), announced the signing of a definitive merger agreement pursuant to which TowneBank will acquire Dogwood State Bank. The proposed transaction substantially e ...

Jul 11, 2025

Filling the capital gap: Tulsa Initiative's micro-lending program opens doors for Fayetteville entrepreneurs

In a city where traditional lending channels can overlook aspiring business owners from underserved communities, the Tulsa Initiative is changing the narrative around access to capital. The Fayetteville-based nonprofit has worked to expand its missio ...


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In The Current Issue

Questions & Answers: Getting to know Mike Berk, Longleaf Pine Realtors® new CEO

Mike BerkMike Berk is still getting settled into his new office and home, but his enthusiasm for his new role as CEO of Longleaf Pine REALTORS® is already in full swing. Just a few weeks into the job, the association management veteran sat down with