KS Bank plans first Sampson County branch in Roseboro

KS Bank will open a full-service financial center in downtown Roseboro in November, bringing local banking back to the town after nearly four years without a bank. The branch is part of a community-led push to restore access for residents, farmers and businesses in western Sampson County.

Why it matters: - Roseboro is set to regain in-person banking access after nearly four years without a bank. - The new branch should make day-to-day financial services easier for residents, farmers and small businesses in Roseboro and western Sampson County. - KS Bank’s entry gives Sampson County a new community banking option with local lending and deposit services.

What happened: - KS Bank announced plans to open its first Sampson County financial center at 201 E. Roseboro Street in downtown Roseboro. - The branch is expected to open in November. - The location will be KS Bank’s 13th financial center when it opens. - The Roseboro branch will be KS Bank’s first location in Sampson County.

The details: - The branch is expected to offer deposit and lending services for individuals and businesses. - Customers will have access to in-branch and drive-thru teller service. - The Roseboro location will include 24-hour ATM access. - Customers will also be able to use KS Bank’s online and mobile banking platforms. - The branch will offer mortgage services and wealth management capabilities. - Commercial Relationship Manager Collin Peregoy will support business and consumer customers in Roseboro and surrounding areas. - KS Bank was established in 1924 and is a state-chartered savings bank with corporate office in Smithfield, North Carolina. - KS Bank currently operates 12 financial centers across Harnett, Johnston, Nash, Wake, Wilson and Wayne counties. - The bank provides retail and commercial lending and deposit services, mortgage products and wealth management through its Trust Division, Kestrel Wealth Management. - Town officials and business leaders worked to restore banking access after Roseboro lost two branches within about six months in 2022 and 2023. - Houston "Chip" Crumpler III and his family bought the former bank property with the goal of preserving it as a banking location and attracting a community bank. - Crumpler is president of Crumpler Plastic Pipe, Inc.

Between the lines: - The Roseboro opening reflects demand for local banking in small towns where branch closures can leave residents and businesses with fewer in-person options. - The family purchase of the former bank building helped keep the site available for a new banking tenant. - KS Bank is positioning the move as a long-term community investment, not just a new branch opening. - Roseboro leaders view a local bank as part of the town’s growth strategy and downtown recovery.

What's next: - KS Bank will announce branch operating hours, opening details and community events later. - The bank will begin serving Roseboro customers once the branch opens in November. - The new location is expected to expand access to financial services across western Sampson County.

The bottom line: - Roseboro is getting its first local bank in nearly four years, and KS Bank is betting that community banking still has a clear role in small-town North Carolina.