The stock,

with a par value of $5 per share, sold in the initial

offering at $10 per share.

"The

high concentration of investors from our immediate market

is a clear expression of the need for Fayetteville and

its county to have a local bank," he said.

Long-time

Fayetteville banker Gary McGaha is the bank's president

and chief executive officer.

The bank

will operate from a two-story traditional office being

constructed at 525 North Jeff Davis Drive. The facility

is 15,000 sq.ft. with a lobby featuring six teller

stations and private loan offices.

free-standing kiosk will be available to customers for

online banking information and services. Additionally,

the office will offer three drive-up banking lanes, night

depository and drive-up ATM.

"Many

people believe that most banks are the same...that they

offer the same accounts and financial services and the

same kind of service," said McGaha. "But we're

about to set a new standard in community banking. It will

be a standard which provides our customers a quicker

answer, access to a full array of accounts which give

exceptional value and benefits."