FOUR OAKS FINCORP, INC. (OTCMKTS:FOFN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
FOUR OAKS FINCORP, INC. (OTCMKTS:FOFN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On December 19, 2016, Paula Canaday Bowman, a member of the Board of Directors (the “Board”) of Four Oaks Fincorp, Inc. (the “Company”), notified the Company of her decision to retire from the Board for personal reasons. Her retirement is effective as of December 31, 2016.
About FOUR OAKS FINCORP, INC. (OTCMKTS:FOFN)
Four Oaks Fincorp, Inc. is a bank holding company. The Company’s primary function is to serve as the holding company for its subsidiaries, Four Oaks Bank & Trust Company, Inc. (the Bank) and Four Oaks Mortgage Services, L.L.C. The Bank operates over 16 offices in eastern and central North Carolina. In addition, the Company has an interest in Four Oaks Statutory Trust I. The Bank is a community-focused bank engaged in commercial banking business. The Bank provides a range of banking services, including deposit accounts, loan products, wealth management, bank access services and merchant services. The Bank offers deposit accounts, such as checking, savings, free checking and savings program, certificates of deposit (CD), e-statements and mobile check capture. It offers wealth management products, such as financial planning services, wealth management services, life insurance, long-term care and annuities. It offers Internet banking, telephone banking and mobile banking. FOUR OAKS FINCORP, INC. (OTCMKTS:FOFN) Recent Trading Information
FOUR OAKS FINCORP, INC. (OTCMKTS:FOFN) closed its last trading session down -0.05 at 2.55 with 1,400 shares trading hands.
Four Oaks Fincorp, Inc. is a bank holding company. The Company’s primary function is to serve as the holding company for its subsidiaries, Four Oaks Bank & Trust Company, Inc. (the Bank) and Four Oaks Mortgage Services, L.L.C. The Bank operates over 16 offices in eastern and central North Carolina. In addition, the Company has an interest in Four Oaks Statutory Trust I. The Bank is a community-focused bank engaged in commercial banking business. The Bank provides a range of banking services, including deposit accounts, loan products, wealth management, bank access services and merchant services. The Bank offers deposit accounts, such as checking, savings, free checking and savings program, certificates of deposit (CD), e-statements and mobile check capture. It offers wealth management products, such as financial planning services, wealth management services, life insurance, long-term care and annuities. It offers Internet banking, telephone banking and mobile banking. FOUR OAKS FINCORP, INC. (OTCMKTS:FOFN) Recent Trading Information
FOUR OAKS FINCORP, INC. (OTCMKTS:FOFN) closed its last trading session down -0.05 at 2.55 with 1,400 shares trading hands.