Lumbee Guaranty Bank Welcomes New Cumberland County Market Executive

FOR IMMEDIATE RELEASE                                                         CONTACT: Kyle R. Chavis, Chief Executive Officer

                                                                                                                       910-521-9707

                                                                                                                        KyleChavis@lumbeeguarantybank.com

                                                                                                                        www.lumbeeguarantybank.com

Lumbee Guaranty Bank welcomes Patrick J. Haberfield as

Market Executive for Cumberland County

FAYETTEVILLE, N.C. — Lumbee Guaranty Bank is pleased to announce the addition of

Patrick J. Haberfield as Market Executive for Cumberland County. With more than 25 years of

experience in the banking industry, Haberfield brings a deep understanding of strategic growth,

credit risk management, organizational leadership, and team development. He has held a range of

senior leadership roles throughout his career and will play a key part in advancing Lumbee

Guaranty Bank’s expansion efforts in the Cumberland County market. “Pat is a proven leader

who brings a wealth of experience and a strategic mindset to our team,” said Kyle R. Chavis,

Chief Executive Officer of Lumbee Guaranty Bank. “We are excited to have him onboard as we

continue to grow our presence and deepen our relationships in Cumberland County.” Haberfield

and his wife, Renee, have four children and one grandson. As he begins his new role, he looks

forward to becoming an active part of the local community and helping deliver exceptional

service to customers across the region.

About Lumbee Guaranty Bank

Lumbee Guaranty Bank is a community bank headquartered in Pembroke, NC and serves

Robeson, Cumberland, and Hoke Counties. Established in 1971, the Bank offers a full array of

financial services through its network of thirteen strategically located branch offices over the

three-county area. The Bank's common stock is traded on the OTC-QX under the stock symbol

LUMB.