Tuesday, September 1, 2009

Member Spotlight: Four Oaks Bank & Trust


Four Oaks Bank & Trust is a North Carolina based regional bank with 17 branches in eight counties. Regional does not mean small or limited. Four Oaks offers a wide range of personal and business services, including 24/7 mobile banking and all day deposit credits.
For the third consecutive year, Four Oaks Fincorp, Inc. (OTCBB:FOFN), the holding company for Four Oaks Bank & Trust Company, today announced that US Banker magazine has ranked it among the top 200 community banks in the United States based on its 3-year average Return On Equity (ROE).
The Wallace branch has been open since 2002, and offers a full range of business services, Including free business checking, payroll services and merchant bank card processing.
Jeff Hargrove, Vice President and City Executive, says true community banking is the at the heart of the Four Oaks Bank & Trust Mission Statement. Four Oaks bank also offers financial planning and investment services. “Our goal is to help people accomplish their financial goals through our community banking services,” Hargrove said. “We are proud of our history, and look forward to continued growth and partnerships within our community.”
Two members of the Wallace Chamber of Commerce Board of Directors, Maria Likens and Teyaka Pickett are Four Oaks Bank employees. You can always count on them to make themselves available to welcome new members to the Wallace Chamber of Commerce, and to volunteer to help with Chamber of Commerce events. Our thanks to them for their time and commitment to the Chamber of Commerce, and to Jeff and to Four Oaks Bank for allowing them the flexibility to be so involved in the community.

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