First Bank chief executive named to district board of directors of Federal Reserve Bank

Adam Currie, president and chief executive of First Bank of Southern Pines, has been elected as a Class A director of the Federal Reserve Bank of Richmond, Va.

First Bank is the banking subsidiary of First Bancorp, which has 113 branches in the Carolinas, including three each in Greensboro, High Point and Winston-Salem, and one each in Archdale, Denton, Mayodan and Thomasville.

Currie's appointment is part of the 2025–2027 term for the Richmond Fed's Board of Directors.

The board features business and community leaders from across the Fifth Federal Reserve District of Maryland, North Carolina, South Carolina, Virginia, Washington, D.C., and most of West Virginia.

As a Class A director, Currie's duties include providing insight into regional economic conditions and the needs of the banking industry, supporting the Fed's mission to foster economic stability and strength across the district.

"This role presents a valuable opportunity to contribute to the economic vitality of our region, while bringing the perspective of regional banking to important policy discussions," Currie said.

Currie was appointed president of First Bank in November 2023 and as its chief executive in February 2025.