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Adam Currie Elected Class A Director of Federal Reserve Bank of Richmond

Adam Currie, CEO of First Bank, has been elected as a Class A Director of the Federal Reserve Bank of Richmond for a three-year term. Here’s what the appointment means for the Fifth District banking sector.
Adam Currie Elected Class A Director of Federal Reserve Bank of Richmond

Southern Pines, N.C.: Adam Currie, President and Chief Executive Officer of First Bank, has been elected as a Class A Director of the Federal Reserve Bank of Richmond. The appointment was announced on February 13, 2026, and covers a three-year term from 2025 through 2027.

Class A directors are chosen by member banks within the Federal Reserve’s Fifth District and represent the interests of commercial banking institutions. The Fifth District includes Maryland, Virginia, North Carolina, South Carolina, the District of Columbia, and most of West Virginia.

In his role, Currie will contribute to the Richmond Fed’s oversight responsibilities and provide insights on economic and financial conditions across the region. Directors of regional Federal Reserve Banks play an advisory role, offering input on banking trends, credit conditions, and broader economic developments to support informed monetary policy discussions.

 

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Currie brings more than two decades of experience in financial services. He became President of First Bank in 2023 and assumed the role of Chief Executive Officer in 2025. Prior to that, he held senior leadership positions overseeing retail and commercial banking operations.

 

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First Bank, headquartered in Southern Pines, North Carolina, operates more than 100 branches across North Carolina and South Carolina and manages multi-billion-dollar assets, serving individuals, businesses, and communities throughout the region.

Currie’s election reflects the continued engagement of community banking leaders in the Federal Reserve System’s regional governance framework.

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