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Press Release

First Bank Continues Support Of Small Businesses With Addition Of Autobooks

Company Release - 3/3/2020 11:00 AM ET

SOUTHERN PINES, N.C., March 3, 2020 /PRNewswire/ -- First Bank, the largest community bank headquartered in North Carolina, has announced its launch of Autobooks, a small business payment and accounting platform that seamlessly integrates with the bank's online and mobile banking.

Autobooks allows First Bank business clients to create invoices, accept payments, and pay bills automatically. This saves them from having to track down their customers or vendor partners for credit card numbers or checks. Business owners also get access to accounting tools and real-time reporting within Autobooks that make month-end, year-end, and tax-time assessments much less stressful. All of this lives directly within First Bank's secure online banking system, making it easier for a small business owner to manage their cash flow.

"First Bank is committed to being the best bank for small businesses, so the decision to add Autobooks was an easy one," said Jenna Williams, SVP, treasury services manager at First Bank. "Everything is extremely accessible from within our online and mobile banking platforms, and it automates a number of otherwise time-consuming, complicated processes for our clients."

Steve Robert, co-founder and CEO of Autobooks, said, "We are proud to partner with First Bank to make small business banking better.  By integrating our solution directly within online and mobile banking, a small business owner consolidates the management of their business and finances into a single small business e-commerce platform—powered by their bank. This enables the small business owner to start and finish their day with First Bank."   

The addition of services like Autobooks is one of the reasons that First Bank was recently recognized by Fortune as one of the world's Top 100 Fastest-Growing Companies, by Forbes as one of the Best In-State Banks of North Carolina, and by WalletHub as 2019 Best Bank Accounts for Small Businesses – Rewards.

Learn more about this new offering at www.localfirstbank.com/autobooks.

About First Bank

First Bank is the banking subsidiary of First Bancorp and is headquartered in Southern Pines, North Carolina, with total assets of approximately $6.1 billion. As a state-chartered community bank, First Bank operates 101 bank branches in North Carolina and South Carolina. Since 1935, First Bank has taken a tailored approach to banking, combining best-in-class financial solutions, helpful local expertise, and technology to manage a home or business. First Bancorp's common stock is traded on the NASDAQ Global Select Market under the symbol "FBNC." Visit our website at www.LocalFirstBank.com. Member FDIC, Equal Housing Lender.

(PRNewsfoto/First Bancorp)

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SOURCE First Bank