Banking & Finance

May 16, 2024

Big help for small businesses: City of Fayetteville's Commercial Corridor Exterior Grant Program is working to revive and refresh small businesses

The Custom Concepts Body Works building located at 525 Cumberland St. is one example of successful utilization of the program. Funds can be used for paint jobs, window work and new signage for the businesses along with other exterior improvements. Ph ...

May 15, 2024

Dogwood State Bank celebrates five year anniversary; Fayetteville branch boasts growth over first year and a half in operation

Dogwood State Bank CEO Steve Jones and Regional President Greg Reames. Photo by GFJB.Dogwood State Bank, a North Carolina state-chartered community bank, is celebrating its five year anniversary. The bank’s CEO Steve Jones shared some statistics abou ...

Apr 19, 2024

North Carolina Rural Infrastructure Authority announces 31 grants to rural communities; businesses and local governments in Cumberland, Moore, Robeson and Sampson Counties named recipients

The North Carolina Rural Infrastructure Authority (RIA) has approved 31 grant requests to local governments totaling $10,982,835, Governor Roy Cooper announced today. The requests include commitments to create a total of 565 jobs, 135 of which were p ...

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Kennon Jackson
The Arts Council of Fayetteville/Cumberland County

The Arts Are Big Business in Fayetteville & Cumberland County! The Arts Create and Support Jobs, Generate and Sustain Revenue, and Build Community Vibrancy.

Posted Apr 1, 2024
The Arts Council of Fayetteville/Cumberland County recently participated in the Arts and Economic Prosperity (AEP) Survey 6, an economic and social impact study of the nation’s nonprofit arts and culture industry. According to this study, Arts a
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Feb 1, 2024

Dogwood State Bank to acquire Community First Bancorporation

Dogwood State Bank (OTC: DSBX) and Community First Bancorporation (OTC: CFOK) jointly announce the signing of a definitive merger agreement for Dogwood State Bank to acquire Community First Bancorporation, and its subsidiary, Community First Bank in ...

Dec 22, 2023

$2.8 billion and counting: North Carolina's Small Business Administration District highlights funding granted throughout Cumberland, Hoke and Sampson Counties

PHOTO BY LUMBEE GUARANTY BANKPembroke’s own Lumbee Guaranty Bank is one of the lenders the SBA has partnered with in their loan distribution efforts.The Small Business Administration of North Carolina has been stimulating the state's economy one loan ...

Oct 26, 2023

United Bankshares, Inc. announces earnings for the third quarter and first nine months of 2023

United Bankshares, Inc. recently reported earnings for the third quarter of 2023 of $96.2 million, or $0.71 per diluted share, as compared to earnings of $92.5 million, or $0.68 per diluted share, for the second quarter of 2023. Earnings for the thir ...

Oct 25, 2023

Lumbee Guaranty Bank undergoing “core” conversion; Updated services coming soon for LGB clients

Starting on Thursday, Oct. 26, Lumbee Guaranty Bank will be undergoing an upgrade process on their “core” software systems. The process will be updating their systems behind most of their digital banking services including customer files, teller proc ...

Aug 8, 2023

FSU secures $600,000 grant from the William R. Kenan Jr. Charitable Trust for performing and fine arts education

Photo provided by FSUFayetteville State University has received a two-year, $600,000 grant from the William R. Kenan, Jr. Charitable Trust to support and expand performing and fine arts education in the College of Humanities and Social Sciences, Depa ...

Jul 27, 2023

United Bankshares, Inc. announces earnings for the second quarter and first half of 2023

United Bankshares, Inc. (NASDAQ: UBSI) (“United”), today reported earnings for the second quarter of 2023 of $92.5 million, or $0.68 per diluted share, as compared to earnings of $98.3 million, or $0.73 per diluted share, for the first quarter of 202 ...


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In The Current Issue

Big help for small businesses: City of Fayetteville's Commercial Corridor Exterior Grant Program is working to revive and refresh small businesses

The Custom Concepts Body Works building located at 525 Cumberland St. is one example of successful utilization of the program. Funds can be used for paint jobs, window work and new signage for the businesses along with other exterior improvements. Ph


Boots to Business: The SBA’S entrepreneurial education and training program is open to active duty service members, Veterans of all eras and military spouses

 to L: Fayetteville Veterans Business Outreach Center Business Counselor Julius Cook, Small Business Center Director for Central Carolina Community College Terri Brown and VBOC Director Robin Livingston stand together following a successful B2B


Happy May, happy Mother’s Day!

The month of May is here and I can’t believe how fast the year is flying by! That being said, fathers, husbands, daughters and sons, it is important that if you’re reading this that you are aware that Mother’s Day is only two days away at the time of