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Lumbee Guaranty Bank history
Lumbee Guaranty Bank company history timeline
May 1971 – A delegation of 22 citizens traveled to Raleigh for the hearing on the application of the proposed Lumbee Bank.
September 1971 – Lumbee Bank was incorporated under the laws of North Carolina.
Established in 1971, Lumbee Guaranty Bank proudly opened its doors as the first Native American owned bank in the United States.
At the ribbon cutting ceremony, the Honorable Charlie Rose said, “Never have so few done so much for so many.” February 1973 – The bank moved into its permanent headquarters in Pembroke.
July 1987 – July 1987 – Larry Ray Chavis became president and CEO of Lumbee Bank.
February 1989 – A branch was opened in Lumberton.
June 1991 – The St Pauls and Hope Mills branches were purchased from Resolution Trust Corporation.
1991 – After 20 years, Lumbee Bank changed its name to Lumbee Guaranty Bank, reflecting the bank’s growth and success.
November 1995 – The Maxton branch was purchased from First Scotland Bank.
July 1996 – On the bank’s 25th anniversary, a groundbreaking ceremony was held as the bank announced construction of its new home office in Pembroke.
July 1997 – A Fairmont branch was acquired from Progressive Savings and Loan.
September 1997 – The bank opened its new office in Pembroke, a beautiful three-story, 17,000-square-foot building where headquarters still remain.
December 1998 – A second branch in Lumberton was opened.
July 1999 – A third branch in Lumberton was opened.
September 2006 – The Falcon Village branch was opened.
July 2007 – The Lake Rim branch was opened.
2012 – Lumbee Guaranty Bank acquired two branches from New Century Bank, entering the Raeford market and opening a second branch in Pembroke.
January 2016 – Acquired the loans and deposits of Southern Bank in Red Springs and consolidated them into our existing Red Springs branch.
February 2020 – Opened our Hay Street branch in downtown Fayetteville.
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Lumbee Guaranty Bank competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| SECU | 1937 | $440.0M | 7,233 | 37 |
| First South Bank | 1902 | $50.4M | 283 | - |
| Wells Fargo | 1852 | $2.4B | 268,531 | 1,794 |
| Sterling Federal Bank | 1885 | $5.2M | 50 | - |
| First State Insurance, LLC | 1906 | $15.0M | 100 | 5 |
| Peoples State Bank | - | $14.0M | 50 | 22 |
| Woodsville Guaranty Savings Bank | 1889 | $159.7M | 500 | - |
| Andover Bank | 1884 | $8.5M | 50 | 5 |
| Alpine Bank | 1973 | $180.0M | 526 | 45 |
| BancorpSouth | 1876 | $775.0M | 4,693 | - |
Lumbee Guaranty Bank history FAQs
Zippia gives an in-depth look into the details of Lumbee Guaranty Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Lumbee Guaranty Bank. The employee data is based on information from people who have self-reported their past or current employments at Lumbee Guaranty Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Lumbee Guaranty Bank. The data presented on this page does not represent the view of Lumbee Guaranty Bank and its employees or that of Zippia.
Lumbee Guaranty Bank may also be known as or be related to LUMBEE GUARANTY BANK and Lumbee Guaranty Bank.