Lumbee Guaranty Bank took their company Christmas banquet to another level as it became the venue for celebrating the bank's 40th year in business. Ms Tasha Oxendine was Mistress of Ceremony at the event held on December 17, 2011 at PorterPlaza, just a few days before the actual December 21 anniversary date. Guests included employees, current Directors,past Directors and past Presidents.

President and CEO Larry R. Chavis welcomed banquet guests and
introduced Ms Oxendine who presented a video highlighting the history
of the bank. Following that Mr. Chavis recognized local Advisory Board
members, retirees of the bank, past Presidents and current Board

Chairman of the Board Of Directors, Arnold Locklear, recognized past
Board Members as well as the outstanding service of Mr. Chavis as
President and CEO of the bank for 24 years.

The banquet was the formal culmination of an on-going 40th Anniversary
Celebration which features a special 40th Anniversary logo, newspaper
ads featuring long term employees and ads recognizing the bank's Board
Of Directors for their service. The bank also hosted individual
community "Thank You" Birthday parties over the past several weeks at
their ten branch locations. Customers and neighbors in Pembroke,
Rowland, Fairmont, Falcon Village, Hope Mills, Lumberton,Saint Pauls,
Red Springs, Maxton and Fayetteville's Lake Rim community enjoyed
birthday cake, hot dogs and 40th Anniversary door prizes at the
individual parties hosted during November and December.

Mr. Chavis closed the formal program with special recognitions of
individuals and their contributions to the bank's longevity and
success. These included Dr. Martin L. Brooks, who is one of the
original Board members and has served as a Board member continuously throughout the banks forty year history, as well as Linda L. Chavis, who has been employed at the bank for 38 years.

"We are thrilled to arrive at this significant point in our bank's
history, having completed forty years of service as a true community
bank." stated President Chavis. "We are very grateful to our customers
who have placed their faith in us as financial partners in their
businesses, homes and families. And we are grateful that their faith
has been well placed, thanks to the dedication and diligence of so
many individuals who have made such a huge difference for our bank
over these forty years. These include our employees, Advisory Boards
and, of course, our Board of Directors. We are very proud of our
success and standing as a financial institution, especially in light
of the negative financial environment across the country. We look
forward to being a strong force for economic growth for our
communities for many more decades to come."

Following dinner and the celebration program, guests were entertained
by local performers, Veandra Oxendine and Holly Oxendine, followed by
music and dancing.

Lumbee Guaranty Bank was founded in 1971. It is headquartered at 403
East Third Street, Pembroke, NC.

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