First Bank completes acquisition

Published 9:11 pm Tuesday, September 4, 2012

First Bank, the bank subsidiary of First Bancorp, announces the completion of the acquisition of the deposits of the Gateway Bank & Trust Co. branch located at 901 Military Cutoff Road, Wilmington. The Gateway Bank branch has been closed, and the accounts have been transferred to the First Bank branch located in the Landfall Shopping Center at 1701 Eastwood Road.