Uwharrie Capital Corp. operates as the bank holding company for Uwharrie Bank, a community-focused financial institution headquartered in Troy, North Carolina. The company provides a broad range of banking services designed to meet the needs of individuals, small businesses, and agricultural enterprises throughout central and western North Carolina. Its offerings include traditional deposit accounts, loan products, and treasury management solutions tailored to local market conditions.
The core business activities of Uwharrie Capital revolve around deposit generation and lending. On the deposit side, it offers checking and savings accounts, money market accounts, and certificates of deposit, all supported by digital banking platforms and local branch networks. In its lending portfolio, Uwharrie Capital provides residential mortgage loans, home equity lines of credit, consumer installment loans, and a variety of commercial loan products, including equipment financing and commercial real estate lending. The bank also has experience in agribusiness lending, serving farmers, ranchers, and related businesses in its primary footprint.
Uwharrie Bank traces its roots to 1975, when it was originally chartered as The Bank of Montgomery County. Over the ensuing decades, it expanded through both de novo branch openings and strategic acquisitions, rebranding as Uwharrie Bank to reflect its broader geographic reach. In 2016, Uwharrie Capital Corp. formed as the holding company to provide additional operational flexibility and to support the bank’s growth initiatives. Today, the company maintains a network of branches and ATMs across several counties, reinforcing its commitment to community banking.
Governance and leadership at Uwharrie Capital are overseen by a board of directors comprised of local business and community leaders. The executive team, led by a veteran banking president and chief executive officer, brings extensive experience in retail banking, commercial lending, and financial management. This leadership group emphasizes customer relationships, risk management, and community engagement as key drivers of the company’s strategic vision.
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