According to filings with the U.S. Securities and Exchange Commission, PB Financial is raising $10,000,035.00 in new funding. Sources indicate that as part of senior management President and Chief Executive Officer, Ted Whitehurst played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About PB Financial
Our Vision is Simple. Our Mission is Straightforward. Our Bank is Sturdy. Sturdy isn’t used very often to describe a bank, but it works for us. Sturdy is unique and is a uniquely strong way to say well-built and sound. OUR VISION: To be the best financial institution in our communities. OUR MISSION: To remain the top rated community bank in our region, by providing amazing customer service and innovative financial products. Ranked #1 in North Carolina for overall performance for 2021 and 2022. Ranking provided by Financial Management Consulting Group, an independent firm that reviewed commercial banks, savings banks, and thrifts. S&P Ranks Providence Bank “Top 100 Community Banks with Less than $3 Billion in Assets” on the S&P Global Market Intelligence’s 2022 List.

To learn more about PB Financial, visit http://www.pbknc.com/

Contact:
Ted Whitehurst, President and Chief Executive Officer
252-443-9477

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