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.