First Bank Appoints New Chief Executive Officer

The Board of Directors of First Bancorp (NASDAQ – FBNC), the parent company of First Bank (the “Bank”), today announced the promotion of G. Adam Currie from President to Chief Executive Officer (CEO) of the Bank. Currie will replace Michael G. Mayer, who will remain as President of First Bancorp until early 2026. “This transition is the culmination of a succession plan that has been in place for many years,” said Richard H. Moore, Chief Executive Officer and Chairman of...

Agility Bank Opens as First Minority Depository Institution in U.S.

Agility Bank, N.A. announced that it has received all regulatory approvals to open as the first bank in the U.S. primarily owned and led by women under a special charter by the Office of the Comptroller of the Currency. Through this Minority Depository Institution (MDI) charter, Agility’s focus will be on serving women and all small and mid-size businesses. “This is a historic event for banking, our country, and Houston,” said Lauren Sparks, founder. president and CEO...

LexFin Announces New Banking Partnership with Coastal Community Bank

LexFin launches first-of-its kind fintech lending and payments platform for legal services in partnership with Coastal Community Bank. LexFin has entered a partnership with Coastal Community Bank, Member FDIC (“Coastal”). LexFin provides a first-of-its-kind digital lending and payments platform that engages lawyers, clients, banks, and capital markets to make legal services more affordable for millions of people. Coastal has partnered with LexFin to be the lender for legal service loans in Washington State and across the...

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