First Bank CEO Elected Federal Reserve Richmond Director for 2025-2027 Term
First Bank CEO Adam Currie has been elected as a Class A director of the Federal Reserve Bank of Richmond for the 2025–2027 term, joining a board representing the Fifth District. First Bank holds $12.7 billion in assets and operates 113 branches across North Carolina and South Carolina.
1. Election to Richmond Fed Board
Adam Currie, President and CEO of First Bank, was elected as a Class A Director of the Federal Reserve Bank of Richmond for the 2025–2027 term. In this capacity he will provide insight on regional economic conditions and banking industry needs to support monetary policy across the Fifth District.
2. Currie’s Leadership Background
Currie joined First Bank as President in November 2023 and was named CEO in February 2025, bringing over 20 years of financial services expertise. He previously served as Chief Banking Officer overseeing retail and commercial banking and holds degrees from UNC-Chapel Hill and the Graduate School of Banking at LSU.
3. Strategic Implications for First Bank
First Bank’s $12.7 billion asset base and 113-branch network in North and South Carolina may benefit from enhanced policy insights and regional connections. Currie’s Fed board role could strengthen First Bank’s influence on economic developments impacting community banking strategies.