Bank Branches › Closed and merged banks › North Carolina › Carolina Bank
What happened to Carolina Bank?
Carolina Bank in Greensboro, NC (earlier called Carolina Savings Bank, Inc., SSB) merged into First Bank of Southern Pines, NC on Mar 4, 2017. First Bank is open today.
The chain, step by step
From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.
- 1996Carolina Savings Bank, Inc., SSB opens in Greensboro, NC
- Oct 1, 1997renamed Carolina Bank
- Mar 4, 2017MERGEDCarolina Bank merged into First Bank of Southern Pines, NC.FDIC certificate 34348 ends; its business continues under certificate 15019.
- TodayOPEN
First BankMain office Southern Pines, NC · FDIC certificate 15019 · 114 offices in 2 states on June 30, 2026Every First Bank office → Website on file with the FDIC: www.localfirstbank.com
If you still have something from Carolina Bank
A lien that was never released
If a paid-off mortgage, home-equity line or car loan still shows Carolina Bank as lienholder, start with First Bank. In a merger the surviving bank takes over the other bank's loans, so it is the bank to ask for a recordable lien release; if the loan was sold along the way, it can tell you to whom.
The FDIC says it cannot process lien releases for banks that merged or were acquired without government assistance, which is what the record shows here.
Record the release with the same county office that recorded the original mortgage or deed of trust.
An old account, passbook or CD
Ask First Bank to search for the account under the name Carolina Bank. A passbook or certificate shows an account existed. It doesn't show the money is still there, and the OCC notes that federal rules require banks to keep most account records for five years.
Accounts nobody touches are eventually turned over to a state. The OCC puts the usual wait at three to five years with no activity, set by each state's law. Search the unclaimed-property program of the state of the owner's last known address on the bank's records, and any other state they lived in. It is free to search and to claim through a state's own site, and MissingMoney.com, an official site of the state administrators' association, searches most states at once.
A safe deposit box
Ask First Bank which branch now holds boxes from the Carolina Bank office you used. The OCC says a box with no activity for three to five years (the period is set by state statute) is likely treated as dormant, and its contents may be turned over to the state's unclaimed-property program.
Box contents are not covered by FDIC insurance.
Not sure this is your bank?
Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.
Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.
One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain. The office list below shows which bank each office reports under now.
This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.
Where the guidance comes from ▾
Its offices in the FDIC deposit reports
12 offices filed under this charter in some year from 1994 on. 7 are still open as of June 30, 2026.
| Office | Now |
|---|---|
| 101 N Spring StGreensboro, NC | OpenFirst Bank |
| 335 S Fayetteville StAsheboro, NC | OpenFirst Bank |
| 2604 Lawndale DrGreensboro, NC | OpenFirst Bank |
| 3214 S Church StBurlington, NC | OpenFirst Bank |
| 1554 N Peace Haven RdWinston Salem, NC | OpenFirst Bank |
| 4010 Brian Jordan PlHigh Point, NC | OpenFirst Bank |
| 1601 Highwoods BlvdGreensboro, NC | OpenFirst Bank |
| 275 S Stratford RoadWinston Salem, NC | No longer reported |
| 3124 West Friendly AvenueGreensboro, NC | No longer reported |
| 1590 Westbrook Plaza DriveWinston Salem, NC | No longer reported |
| 528 College RdGreensboro, NC | No longer reported |
| 505 South Church StreetAsheboro, NC | No longer reported |
Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 34348 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.