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The Federal Deposit Insurance Corporation (FDIC) preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for at least $250,000; by identifying, monitoring and addressing risks to the deposit insurance funds; and by limiting the effect on the economy and the financial system when a bank or thrift institution fails.
The Bank of Four Oaks was chartered in June of 1912, in Four Oaks, North Carolina, with a capital investment of $10,000. B. I. Tart was the Bank’s first Cashier (executive officer) until 1927. Bert Lassiter became Cashier in 1927 and served in that role until 1970. The Bank weathered the Depression of the early 1930’s and was the 134th bank in the state allowed to open after the “Bank Holiday” in 1933. Edward Bert Lassiter became Cashier in 1970 and served until 1980. Presently, Ayden R. Lee, Jr., who joined the Bank of Four Oaks in 1980, serves as Chairman, President and Chief Executive Officer. As the Bank began to open branch offices outside of Four Oaks, and with further plans for expansion, in 1989 the Bank of Four Oaks became Four Oaks Bank and Trust. In 1997, Four Oaks Fincorp, Inc., the holding company for Four Oaks Bank, was formed. The Bank’s Financial Services was created in 1999, and in 2002, Four Oaks Mortgage was formed. Today, Four Oaks Bank operates fourteen offices located in Benson, Clayton, Dunn, Four Oaks, Fuquay-Varina, Garner, Harrells, Holly Springs, Smithfield, Wallace and Zebulon.
Rolette State Bank is a Rolette, ND-based company in the Financial Services sector.
Brasfield Data Services is a Birmingham, AL-based company in the Financial Services sector.
Associated Banc-Corp (NYSE: ASB) has total assets of $29 billion and is one of the top 50, publicly traded, U.S. bank holding companies. Headquartered in Green Bay, Wis., Associated is a leading Midwest banking franchise, offering a full range of financial products and services in over 200 banking locations serving more than 100 communities throughout Wisconsin, Illinois and Minnesota, and commercial financial services in Indiana, Michigan, Missouri, Ohio and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC. Associated Banc-Corp will be the most admired Midwestern financial services company, distinguished by sound, value-added financial solutions with personal service for our customers, built upon a strong commitment to our colleagues and the communities we serve, resulting in exceptional value for our shareholders. Deposit and loan products are offered by Associated Bank, N.A., Member FDIC and Associated Banc-Corp. Equal Housing Lender. Equal Opportunity Lender.