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February 13, 2016 11:38 PM ET

Banks

Company Overview of Four Oaks Bank & Trust Company

Company Overview

Four Oaks Bank & Trust Company provides personal and business banking services. Its personal banking services include checking accounts, savings accounts, certificates of deposit, and individual retirement accounts; and credit, planning and investment, Internet banking, and other services. The company’s business banking services include checking accounts, savings accounts, certificates of deposit, and SBA and USDA Loans; and credit, cash management, merchant, planning and investment, Internet banking, and other services. In addition, it offers consumer, business, and mortgage loans; and credit cards. Four Oaks Bank & Trust Company was formerly known as The Bank of Four Oaks and changed its n...

6144 Us Highway 301 South

PO Box 309

Four Oaks, NC 27524

United States

Founded in 1912

Phone:

919-963-2177

Fax:

919-963-2768

Key Executives for Four Oaks Bank & Trust Company

Chief Executive Officer, President, Director, Chief Executive of Four Oaks Fincorp Inc, President of Four Oaks Fincorp Inc and Director of Four Oaks Fincorp Inc
Age: 51
Chief Financial Officer and Executive Vice President
Chief Operating Officer and Chief Risk Officer
Age: 39
Senior Vice President
Senior Vice President
Compensation as of Fiscal Year 2015.

Four Oaks Bank & Trust Company Key Developments

Four Oaks Fincorp Inc. and Four Oaks Bank & Trust Company Announce Changes to Executive Management Team

Four Oaks Fincorp Inc. and Four Oaks Bank & Trust Company (the “Bank”) announce that on December 21, 2015, the Board of Directors of the Company (the “Board”) approved the appointment of Lisa S. Herring to the position of Chief Operating Officer of the Company and the Bank, effective January 4, 2016. Ms. Herring has been with the Bank since 2002 in a number of roles, including most recently serving as the Bank’s Executive Vice President and Chief Risk Officer since July 2009. Ms. Herring will also retain her role as Chief Risk Officer. Additionally, on December 21, 2015, Ayden R. Lee, Jr., who has been serving as the Executive Chairman of the Company since June of 2015 after a thirty-five year tenure as an executive of the Company and the Bank, notified the Board of his intention to retire from his position effective December 31, 2015. Mr. Lee will continue to serve as Chairman of the Board of Directors of the Company.

Four Oaks Fincorp Inc. and Four Oaks Bank & Trust Company Announces Resignation of Ayden R. Lee, Jr. as Executive Chairman, Effective December 31, 2015

On December 21, 2015, Ayden R. Lee, Jr., Executive Chairman of Four Oaks Fincorp Inc. and its subsidiary Four Oaks Bank & Trust Company, notified the company of his intention to resign from his positions with the company and the Bank, effective December 31, 2015. Mr. Lee will continue to serve as Chairman and a member of the Boards of Directors of the company and the Bank.

Four Oaks Fincorp Inc. and Four Oaks Bank & Trust Company Appoint Deanna W. Hart as Executive Vice President and Chief Financial Officer, Effective October 1, 2015

Four Oaks Fincorp Inc., the holding company for Four Oaks Bank & Trust Company (the 'Bank'), announced that Ms. Deanna W. Hart has been appointed as Executive Vice President and Chief Financial Officer of the company and the Bank, effective October 1, 2015. Ms. Hart has been serving as the Bank’s Senior Vice President and Controller since January 2014 and acting Chief Financial Officer of the company and the Bank since September 1, 2015.

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