Protecting your privacy is important to Lumbee Guaranty Bank. We want you to understand what information we collect and how we use it. In order to provide our customers with a broad range of financial products and services as effectively and conveniently as possible we use technology to manage and maintain customer information. The following policy serves as a standard for all Lumbee Guaranty Bank employees for collection, use, retention and security of non-public personal information.

Recognition of Customer Privacy Expectations

Lumbee Guaranty Bank respects that our customers expect and deserve privacy. Information that has been entrusted to us will be held in the strictest confidence. We maintain high standards to ensure that the information is used only for appropriate business reasons in accordance with applicable laws and regulations.

Collection, Use and Retention of Customer Information

We collect non-public personal information about you from the following sources:

* Information we receive from you on your application or other forms;
* Information about your transactions with us or others; and
* Information we receive from a consumer reporting agency.

“Non-public Personal In formation” is non-public information about you that we obtain in connection with providing a financial product or service to you. For example, non-public personal information includes information regarding your account balance, payment history, and overdraft history.

We do not disclose any nonpublic personal information about our customers or former customers to anyone except as permitted by law.

Information Accuracy

Lumbee Guaranty Bank continually strives to maintain complete and accurate information about you and your accounts. If you believe that our records contain inaccurate or incomplete information about you, please notify us immediately. We will investigate your concerns and correct any inaccuracies.

Employee Access to Customer Information

Lumbee Guaranty Bank restricts access to non-public personal information about you to those employees who need to know that information to provide products or services to you. Employees who violate these standards will be subject to disciplinary measures. We maintain physical, electronic and procedural safeguards that comply with Federal Standards to guard your non-public personal information.

Maintaining Customer Privacy with Third Party Business Partners

We may disclose the following information to companies that perform marketing services on our behalf or to other financial institutions with which we have joint marketing arrangements:

* Information we receive from you on applications or other forms, such as your name, address, social security number, assets and income;
* Information about transactions with us, (our affiliates) or others, such as your account balance, payment history, parties to transactions; and * Information we receive from credit bureaus, such as your creditworthiness and your payment history.

Restricted Disclosure Information

Responsible use of information benefits our customers by protecting your privacy and be enabling us to offer you improved products and services based on your needs. It is our policy to prohibit the marketing of customer information to parties outside of our corporate family. Lumbee Guaranty Bank does not reveal specific information about your accounts or other personally identifiable data to external parties unless:

* You request disclosure of the information
* The information is necessary to complete a transaction or perform a service at your request;
* The information is provided to a reputable credit bureau or similar information reporting agency; or
* The disclosure is otherwise lawfully permitted or required.


Lumbee Guaranty bank
Member FDIC


Larry R. Chavis has been promoted to EXECUTIVE VICE CHAIRMAN by the Board of Directors of Lumbee Guaranty Bank.

Kyle R. Chavis has been selected by the Lumbee Guaranty Bank (LGB) Board of Directors to succeed Larry R. Chavis (no relation) as CEO. In addition, Bryan K. Maynor has been promoted to President and Chief Operating Officer of the Bank. Both men will assume their new roles immediately.

Mr. Kyle Chavis, (47), has been an employee of LGB for 18 years. His experience includes a total of 25 years in a variety of banking roles at Wachovia Bank, Triangle Bank and others. He has been serving as Executive vice President and Chief Credit Officer of LGB for the past eight years. Kyle Chavis received a Bachelor of Arts in Business Management, with a concentration in Finance from North Carolina State University in 1991, and he is currently working toward a Master’s in Business Administration at UNC Pembroke. He attended graduate banking schools at Louisiana State University and through the North Carolina Bankers Association. He and his family reside in Lumberton, NC.

Mr. Bryan Maynor (53) has a 28-year banking career, 18 of which have been with LGB, most recently as the Executive Vice President and Chief Operations Officer. He was born and reared in Pembroke, NC and received his Bachelors of Science in Industrial Relations at UNC Chapel Hill in 1986. Maynor also attended graduate banking schools at LSU and through the NCBA. He attained an Executive Masters in Business Administration from Troy University in 2007. Maynor lives in Pembroke with his family.

In making the announcement, LGB Board of Directors Chair, Arnold Locklear, acknowledged the experience, leadership and skill that Kyle Chavis and Bryan Maynor have already contributed to the Bank, stating, “These gentlemen have been involved at a senior management level over many years of change at LGB. The Board is excited to have them as our next executive team.”

Mr. Larry Chavis said, “I have teased these guys that it will take two of them to replace me, but the truth is banking has become a much more complex business since I was a young banker. I am comforted that Kyle and Bryan will be at the helm when I slow down.”

LGB is a commercial bank founded in 1971. The Bank currently serves customers in Robeson, Cumberland and Hoke Counties. The Bank has $350 million in assets and 13 branch offices. Please visit our website:

Pembroke, NC

Lost or Stolen ATM/Visa Debit Cards


© 2005 Lumbee Guaranty Bank