First Carolina Financial Services, Inc. operates as a bank holding company for First Carolina Bank that provides commercial banking services for individuals and businesses. The company offers business services including checking, savings, and money market deposit accounts, certificates of deposit, individual retirement accounts, and CARS; commercial financing, real estate loans, and consumer loans; credit and debit cards; IntraFi Cash, remote deposit capture, treasury management, merchant services, and wealth management services; higher education solutions, attorney advantage accounts, and interest on lawyer trust accounts; payments services; consumer banking; real estate banking; commercial and industrial banking; higher education disbursements; BankMobile platform; retail banking; and trust and fiduciary services. The company offers personal services that include deposit solutions such as checking accounts, savings accounts, money market accounts, certificates of deposit (CDs), and IRAs; services such as ICS and CARS for deposit management; borrowing options including consumer loans and credit cards; online banking and bill pay services; and debit cards. The company was incorporated in 2009 and is headquartered in Raleigh, North Carolina with additional offices in Atlanta, Georgia; Cary, North Carolina; Columbia and Greenville, South Carolina; Raleigh, Reidsville, and Wilmington, North Carolina; and Virginia Beach, Virginia.
First Carolina Financial Services Announces CFO Retirement
First Carolina Financial Services (NYSE: FCBM) said CFO and Chief Risk Officer Steven Deaton plans to retire effective January 1, 2027.
Chairman, President, and CEO Ron Day credited Deaton, a 40-plus-year banking veteran, with leading the company through its recent IPO and the acquisition of BM Technologies.
No successor has been named, leaving the dual CFO/CRO seat open at the Raleigh, North Carolina-based bank holding company as it works through its post-IPO growth phase.