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 ...

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 ...

Carter Bank unveils new, customer-focused brand identity

Carter Bank (NASDAQ:CARE), a leading community bank with branches throughout Virginia and North Carolina, including a location in Fayetteville, today unveiled a new brand identity centered around the customers and associates of Carter Bank and the co ...

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 ...

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 ...

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 ...

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 ...

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 ...

Dogwood State Bank and Community First Bancorporation announce receipt of regulatory approvals for merger

Logo courtesy of Dogwood State BankDogwood State Bank and Community First Bancorporation, the parent holding company of Community First Bank, Inc., recently announced the receipt of all required regulatory approvals to complete the previously announc ...

Cumberland County Schools announces Central Services' Employee of the Year

Fleet Feet Fayetteville recognized as a top running store in the country

Fayetteville Fury Soccer Team joins the United Premier Soccer League

Hope Mills Board of Commissioners approve designs for new sports complex

Veteran spotlight: Commercial realtor Patrick Murray talks about the impact military service has had on his career