Home > First Bank > History
First Bank, History
The following are major historical events for First Bank, including mergers and acquisitions.
1934-01-01 | Institution established: Original name:Bank of Montgomery | |
1985-02-20 | Changed name to First Bank | |
1987-07-10 | Acquired The Bank of Candor (8926) in CANDOR, NC | |
1994-08-26 | Acquired Central State Bank (9856) in HIGH POINT, NC | |
1995-12-15 | Acquired First Scotland Bank (25839) in LAURINBURG, NC | |
2000-11-17 | Acquired First Savings Bank of Moore County, Inc., SSB (28074) in SOUTHERN PINES, NC | |
2001-09-18 | Acquired Home Savings, SSB (31012) in THOMASVILLE, NC | |
2003-05-16 | Acquired Carolina Community Bank, National Association (11537) in LATTA, SC | |
2008-05-16 | Acquired Sentry Bank & Trust (28032) in CHERAW, SC | |
2009-06-20 | Acquired Cooperative Bank (27837) in WILMINGTON, NC as part of a government assisted transaction. | |
2011-01-21 | Acquired The Bank of Asheville (34516) in ASHEVILLE, NC as part of a government assisted transaction. | |
2013-09-04 | Moved bank headquarters from TROY, NC to SOUTHERN PINES, NC | |
2015-04-22 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD | |
2015-04-22 | Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS | |
2017-03-04 | Acquired Carolina Bank (34348) in GREENSBORO, NC | |
2017-10-01 | Acquired Asheville Savings Bank, S.S.B. (29663) in ASHEVILLE, NC |