Banking & Finance

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 ...

Dec 10, 2024

NCBA releases economic impact report; North Carolina banks empower homeownership, small businesses, and community growth

North Carolina’s banks play a vital role with economic development and strengthening communities through their investments in homeownership, small businesses, and community development. According to a recent study conducted by Appalachian State Unive ...

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Cape Fear Valley Health Expands Orthopedic Services Across Southeastern North Carolina

Posted Dec 13, 2024
Cape Fear Valley Health is reshaping orthopedic care in southeastern North Carolina with its ever-expanding network of clinics and comprehensive services. With the recent addition of Cape Fear Orthopedics & Sports Medicine to its system, Cape Fea
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Sep 10, 2024

Bank of America raises U.S. minimum hourly wage to $24, increasing starting salary to nearly $50K

Today, Sept. 10, Bank of America announced that it has raised its U.S. minimum hourlywage to $24 per hour, the latest step in the company’s commitment to $25 by 2025. With the increase, the minimum annualized salary for full-time employees in the U.S ...

Sep 5, 2024

Lumbee Guaranty Bank celebrates new building with ribbon cutting ceremony

Photo by GFBJLumbee Guaranty Bank (LGB) has officially welcomed the community into its now single Fayetteville location at 2939 Village Drive. The new location along what is known as “Banking Road” due to the amount of banks along the road, is the co ...

Aug 2, 2024

Dogwood State Bank reports higher Second Quarter 2024 earnings; Community First acquisition complete as of Aug. 1

Dogwood State Bank (OTCQX: DSBX) ("Dogwood") announced on Tuesday, July 30, its financial results for the three and six months ended June 30, 2024 as it prepares to close its previously announced acquisition of Community First Bancorporation and Comm ...

Aug 1, 2024

MU receives $8 million for new School of Medicine from Golden LEAF Foundation; real estate grants awarded to Bladen and Robeson Counties

Today (Thursday, Aug. 1), the Golden LEAF Board of Directors awarded a total of $18.9 million in funding across two Golden LEAF Programs and an $8 million for a special initiative. The Board awarded $1,300,000 to support four projects through the Ope ...

Jul 30, 2024

SBA announces new grant funding for Native American-owned small businesses

On July 19, 2024, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced a funding opportunity for Native Am ...

Jul 18, 2024

Bringing it all together: Lumbee Guaranty Bank is working to combine two Fayetteville locations into one to better serve customers

Lumbee Guaranty Bank’s new Fayetteville branch will be located at 2939 Village Drive. This new location will be better equipped to cater to customers with its ample parking and a drive up ATM. Photo provided by Lumbee Guaranty Bank. Lumbee Guara ...


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In The Current Issue

Experts in the fields: Hands-on learning at SCC prepares students for ag careers

Swine Production students recently toured a Prestage sow farm, gaining hands-on insight into pig care. They observed piglets being born, explored the stages of growth and discussed the journey from farm to market. Photo provided by SCC.In Sampson Com


Cuddles for a cause: Cape Fear Valley Health's NICU Cuddler Program provides lifesaving touch to some of the hospital's most precious patients

From left to right: Santa (Rev. Mike Garrett) pictured with newborn and cuddle recipient Declan Nault, his mother Daphne Hault, father Adam Nault and Marcia Garrett. Photo provided by Marcia Garrett.The importance of physical touch for newborns canno


That's a wrap, 2024! GFBJ is celebrating another great year of coverage by providing a recap of some key developments announced this year

The year 2024 was the year of growth and new deals throughout the Greater Fayetteville Business Journal’s seven county coverage area. From incoming businesses to expanding commercial properties and more, the greater Fayetteville area can expect addit