Wake Forest Bancshares, Inc. is a bank holding company headquartered in Wake Forest, North Carolina, serving as the parent to Wake Forest Federal Savings and Loan Association. Founded in the early 20th century as a mutual savings institution, the company completed its conversion to a stock charter and established its holding company structure to support strategic growth and community investment. Through its subsidiary, Wake Forest Federal offers a full suite of retail banking services, including deposit accounts, consumer and commercial lending, mortgage origination, and digital banking solutions tailored to individuals and small businesses.
The company’s core products include checking and savings accounts, certificates of deposit, residential mortgage loans and home equity lines of credit. On the commercial side, Wake Forest Bancshares provides term loans, lines of credit and SBA-guaranteed financing to local enterprises, along with treasury management services such as automated clearing house (ACH) origination and remote deposit capture. The bank’s online and mobile banking platforms deliver secure account access, bill pay, mobile check deposit and e‐statements to meet evolving customer expectations.
Wake Forest Bancshares operates a network of branches primarily in Wake and Wilson counties, reflecting its commitment to the communities in and around the greater Raleigh metropolitan area. Over the years, the company has grown organically, expanding its branch footprint and technology offerings to enhance convenience while maintaining strong customer relationships rooted in local decision-making. The board of directors and executive management team draw on decades of community banking experience to guide the company’s strategic priorities and uphold its regional focus.
In addition to its banking operations, Wake Forest Bancshares emphasizes community engagement through sponsorships, financial literacy programs and partnerships with nonprofit organizations. By reinvesting in the local economy and supporting small businesses, the company seeks to balance sustainable growth with the personalized service characteristic of a community institution. As it continues to strengthen its digital capabilities and deepen local ties, Wake Forest Bancshares remains focused on delivering tailored financial solutions that address the needs of consumers and businesses across its North Carolina footprint.
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