Four Oaks Fincorp has added a pair of directors with close ties to the Four Oaks, N.C., company.
The $821 million-asset company said in a press release Friday that Kenneth Lehman, one of its biggest shareholders, and David Rupp, its chief operating officer had recently joined the board.
Lehman, who owns about 10% of the company's stock, is a former regulatory lawyer who has large investments in a number of community banks. Rupp became chief operating officer after Cliff Painter retired last September.
Four Oaks was one of the targets of the Justice Department's Operation Choke Point.