Lumbee Guaranty Bank is pleased to announce that James W. Gore has been promoted to Regional Executive for the Robeson East region. In this role, he will be responsible for the overall management of the Bank’s three branches in Lumberton, as well as the St. Pauls and Fairmont locations. James is a Senior Vice President of the Bank.

James is a native of Columbus County and a graduate of N.C. State University. He brings over 23 years of banking experience to LGB and has spent the past 19 years in Lumberton. James has been active in a variety of community and civic organizations, including First Baptist Church in Lumberton, the UNC-Pembroke Foundation Board, the UNC-Pembroke School of Business Advisory Board, the United Way of Robeson County, the Robeson County Committee of 100, the Lumberton Rotary Club, and the Kiwanis Club of Robeson-Lumberton. James’s office will be located at the Pine Street branch office in Lumberton.

James and his wife, Kim, reside in Lumberton. They have two daughters, Breanna and Stacey.

 

 

 

 


NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor's accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

Lumbee Guaranty Bank Announces the Appointment of Two New Directors

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