LSB, FNB to become NewBridge Bank
When LSB Bancshares and FNB Financial Services complete their merger into a new, Greensboro-based bank, they'll assume the name NewBridge Bank, the companies reported today.
"This new name reflects the continued and growing connection that we will have with our current and new customers because we will be able to offer more services as a larger bank," Robert F. Lowe, chief executive of LSB Bancshares said in a news release.
The merger, to form a $2-billion regional bank, would create the largest financial institution in the Gate City's history.