Fatcow Icon
Four Oaks Bank celebrates Centennial June 28

The year 2012 marks a major milestone for Four Oaks Bank. The community bank headquartered in

the Town of Four Oaks, in central Johnston County, is celebrating 100 years of service. Four Oaks Bank opened its doors as The Bank of Four Oaks in 1912, in its’ namesake town.

From humble beginnings as a small town bank focused on the needs of a growing, mostly agricultural, community, Four Oaks Bank has seen steady growth over the past 100 years. The growth of Four Oaks Bank was contained within Johnston County until 2000, when they opened their first Wake County branch in Fuquay-Varina. The Bank currently has 16 locations serving the diverse needs of communities in Johnston, Wake, Harnett, Moore, Richmond, Duplin and Sampson counties. The Bank employs approximately 200 people system wide, and as of March 31, 2012, holds deposits of $760 million and assets of $933 million. For three consecutive years, 2007, 2008, and 2009, Four Oaks Bank was named by USBanker magazine in their listing of the Top 200 Community Banks in the country, based on their three year average return on equity. Business Leader Magazine included the bank’s CFO, Nancy Wise, in their feature listing the ‘‘Top CFOs in The Triangle“, in 2010.

“We are very excited to reach this major threshold of one century,” says Ayden R. Lee, Jr., CEO, Chairman of the Board and President of the bank. “Where we are going as a bank, especially as we step into our second century, will be greatly impacted by where we have been. This Bank has a rich heritage of relationship-based banking that has withstood the tests of time and the many challenges of the past 100 years, including the great depression of the 1930s. This day and time there are few businesses and probably very few banks that can look back on one hundred years of service.” said Lee. “The economic downturn of the past few years has been a tremendous challenge to all businesses, and especially to the banks and financial institutions that have backed them. Although we still have a long way to go before we realize full economic recovery, we are beginning to see some positive signs. For us at Four Oaks Bank, this 100th anniversary is coming at a good time. It gives us cause to reflect on all our blessings of these past 100 years, and gives us inspiration for planning and building for new ones in the years to come. We look forward to celebrating with our customers, employees and neighbors.”

According Four Oaks Bank Marketing Director Pam Ashworth, the bank kicked off its centennial celebration with a slogan contest last summer, as a pre-celebration warm up to get people excited about the upcoming campaign. The contest was open to all bank customers and employees and the resulting slogan was “Celebrating Our Roots… Embracing Our Future!” “Our advertising agency, Sloan Communications, designed an attractive centennial logo which will continue to be featured in all of our marketing materials and events throughout 2012.” says Ashworth.

Among the activities the bank has planned is a traveling historical display, featuring artifacts, photos, documents and articles highlighting the Bank’s early years. The display will be exhibited at each of the bank’s offices during 2012. “Our big celebration takes place June 28 from 6 to 9 p.m. on the field behind Four Oaks Elementary School on Civitan Road in Four Oaks. Featured entertainment will be a concert by the Band of Oz”, Ashworth added.

Four Oaks Bank & Trust Company is a state chartered bank headquartered in Four Oaks, North Carolina, where it was chartered in 1912. The wholly owned subsidiary of Four Oaks Fincorp, the single bank holding company trading under the symbol FOFN on the OTC Bulletin Board, Four Oaks Bank presently operates sixteen branch offices located in Four Oaks, Clayton, Garner, Smithfield, Benson, Fuquay-Varina, Holly Springs, Wallace, Harrells, Zebulon, Dunn, Rockingham, Southern Pines and Raleigh.

Comments
(0)
Comments-icon Post a Comment
No Comments Yet
Lucy
Lucy the Wonder Beagle sniffing in the snow on Saturday
Lucy the Wonder Beagle sniffing in the snow on Saturday
slideshow
Women’s Club shares the ‘puppy’ love
Contributed<br>
The Fuquay-Varina Woman’s Club Public Issues Community Service Program collected items for the SPCA of Wake County from the club members. The group made a delivery Jan. 28 that included eight bottles of bleach, 10 boxes of dog treats, one large container of small dog treats, various small packages of dog treats, paper towels, seven cans of canned dog food, Kitten Chow and a $25 donation.  Darci VanderSlik accepted the donations along with one of the puppies for adoption.
Contributed
The Fuquay-Varina Woman’s Club Public Issues Community Service Program collected items for the SPCA of Wake County from the club members. The group made a delivery Jan. 28 that included eight bottles of bleach, 10 boxes of dog treats, one large container of small dog treats, various small packages of dog treats, paper towels, seven cans of canned dog food, Kitten Chow and a $25 donation. Darci VanderSlik accepted the donations along with one of the puppies for adoption.
slideshow
Bayleaf enjoying Oak Island
Garden Hut's Bayleaf  as a Sea Urchin
Garden Hut's Bayleaf as a Sea Urchin
slideshow


News
Community Calendar: May 22-28
Deadlines Friday by 5 p.m. is the deadline for submission of items to be submitted for the following week’s paper, and they can be faxed to 919-552-7564. E-mailed submissions go to kgriffith@civitasmedia.com. The Independent asks that submissions are in sentence form, are 150 words or less an...
May 24, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
full story
American_Legion_t0_those_who_gave_all_this_Memorial_Day0_1369239995.jpg
American Legion t0 those who gave all this Memorial Day
A tradition, which dates back more than 150 years, continues to bring veterans and families together in Fuquay-Varina. Memorial Day will be marked by displaying flags at the graves of veterans. ...
May 24, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
full story
Read More News
Sports
Kelly Griffith | Fuquay-Varina Independent<br>
Brett Daniels pitches in the May 14 game against Leesville Road. On May 17, Daniels tied the Fuquay-Varina High School record for most wins in a season with his 11th victory in 2013.
Strong pitching, timely hitting powers Fuquay to 4th round
Daniels keeps Mustangs scoreless, ties school record for most wins
May 23, 2013 | 0 0 comments | 2 2 recommendations | email to a friend
full story
Jim Green | Fuquay-Varina Independent<br>
Fuquay-Varina pitcher Heather Radcliff winds up for the pitch during last week's state playoff game against Middle Creek.
1 bad inning ends Bengals’ season
Middle Creek scores 8 in second to oust Fuquay-Varina in 4A playoffs
May 22, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
full story
Read More Sports
Opinion
Our View
Restraint when reporting
May 22, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
full story
Good books you won’t see on Bookwatch
Here are some important new books you will not learn about on UNC-TV’s North Carolina Bookwatch. Before I explain, let me tell you a little bit about the books. Popular novelist Clyde Edgerton’s “Papadaddy’s Book for New Fathers: Advice to Dads of All Ages” is based on what he has learned as...
May 19, 2013 | 0 0 comments | 2 2 recommendations | email to a friend
full story
Read More Opinion
Latest Video
Weather
Sponsored By:

RSS Feeds
All articles feed
News feed
Sports feed
Videos feed
Obituaries feed
Opinion feed
Local Features
Contributed<br>
Meredith Landreth works with guide dog Kanak during testing in Southern Pines in March. MIRA USA has selected the 10-year-old to receive her own guide dog free of charge this summer.
A whole new world
Landreth to get vision of support, friendship from guide dog
May 23, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
full story
Louis Dawson | Fuquay-Varina Independent<br>
Triangle Wine has a great display of both local brews and imported beers.
What’s on tap
If you are reading this then it is official. I am pleased to say that the success and enthusiasm of the N.C. Beer Month articles have yielded a monthly column dedicated to everyone’s favorite carb...
May 18, 2013 | 0 0 comments | 3 3 recommendations | email to a friend
full story
Read More Local Features
Poll
Sponsored By:

Military Appreciation
May 14, 2013 | 160312 views | 0 0 comments | 2 2 recommendations | email to a friend | print

How are you celebrating Military Appreciation Month this May?

View Previous Polls
Special Sections