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.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.