Banking & Finance

Jan 28, 2026

First Bancorp announces retirement of director

On Jan, 27, 2026, First Bancorp, the parent company of First Bank, announced the retirement of Mary Clara Capel from the First Bancorp and First Bank Board of Directors effective immediately.Ms. Capel has served as a director of the First Bancorp sin ...

Jan 22, 2026

Banking on community: First Bank sells headquarters to Town of Southern Pines, remains committed to Moore County and invested in its growth

The new First Bank headquarters is an existing branch located just down the street at 205 SE Broad Street. Photo provided by First Bank.In August of 2025, the Town of Southern Pines announced plans to purchase the First Bank Corporate Office property ...

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 ...

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Reena Bhatia
North Carolina Military Business Center, Federal Business Development, Raleigh

The Fatal Input: Why Giving Your Sensitive Bid Data to Public AI Might Violate M-25-22 and Kill Your Contract

Posted Jan 1, 2026
The Office of Management and Budget (OMB) Memorandum M-25-22, “Driving Efficient Acquisition of Artificial Intelligence in Government,” has introduced a powerful, non-negotiable compliance requirement into the federal acquisition lifecycle. For the d
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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 ...

Oct 28, 2025

Sweet Valley Ranch announces $30,000 in grants for Cumberland County nonprofits

Logo provided by: Sweet Valley Ranch Sweet Valley Ranch – a 300-acre working farm and attraction – has opened applications for another round of its Gives Back Program, which will award a total of $30,000 in grants to seven nonprofit organization ...

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 ...


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In The Current Issue

From academia to the battlefield: AFCEA Innovation Summit aims to give military and industry a "decision advantage"

AFCEA- NC Fort Bragg Chapter’s annual summit brings together leaders from industry, academic and research institutions, innovation hubs, Veteran organizations and elite Army and Special Operations commands. Graphic provided by Phil Williams


Insights into Fayetteville real estate: A year of stabilization and optimism for 2026

Fayetteville brokers and agents are entering 2026 with cautious optimism about what lies ahead.


Introducing Cameo Collective: Historic movie theater in downtown Fayetteville under new management

Located at 225 Hay St. in downtown Fayetteville, Cameo Art House Theatre has two auditoriums and screens films ranging from classics to new releases. The theater also prioritizes spotlighting local and up-and-coming filmmakers. Photo by James Throsse