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  1. Feds loosen regulatory grip on Four Oaks BankRead the original story w/Photo

    Aug 4, 2015 | Business Journal

    Federal scrutiny will decrease at Four Oaks Bank's parent company, Four Oaks Fincorp , which recently reported what new CEO David Rupp calls "record earnings." On Tuesday, the bank announced is had officially been released from a 2011 written agreement with the Federal Reserve Bank of Richmond and the state of North Carolina in lieu of a narrower deal that requires quarterly progress reports on compliance .


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