Board Of Directors

Anna O. Sumerlin is currently Chair of the Board of the Holding Company and Association, a position she has held since 2016. She previously served as the Association’s President and Chief Executive Office from 1995 to 2002. Ms. Sumerlin also served as the Managing Officer, Executive Vice President , Corporate Secretary and Treasurer from 1988 to 1995. She was elected to the Board of Directors of the Association in 1993. She has over 50 years of service to the banking industry of North Carolina and has been active in many community organizations. Ms. Sumerlin resides in Wake Forest, N.C.

Robert C. White is currently Vice Chairman of the Board.  Mr. White served as the President and Chief Executive Officer of the Company and Association from 2002 until his retirement in 2017. He was appointed to the Board of Directors of the Company in 2002. He is currently a consultant for the Association. Previously, Mr. White served as CFO and Senior Vice President of a large community bank in Rocky Mount, N.C. Prior to his banking experience, he was a partner in the CPA firm of McGladrey in Raleigh, N.C. for nineteen years and was the Partner in charge of the local offices financial institutions practice. Mr. White resides in Wake Forest, N.C.

John D. Lyon owns and manages a real estate investment portfolio. In the past, he owned and independent state-certified appraisal company where he performed appraisal services. Mr. Lyon also has over 30 year of retail management experience. He has service as a Director of the Association since 1988.

Rodney M. Privette is President, owner and a general agent of Privette Insurance Agency in Rolesville, N.C. Mr. Privette specializes in life insurance, retirement planning, property and casualty insurance and has over 30 year of experience in his field. Mr. Privette has also served on the Rolesville Fire Department since 1975 and as Fire Chief since 1992. He has served as a director of the Association since 1997 and of the Holding Company since its inception in 1999. Mr. Privette resides in Rolesville, N.C.

Randy L. Bright is a former owner and current licensed Funeral Director of Bright Funeral Home in Wake Forest, N.C. He is a lifelong resident of Wake Forest, been active in countless community organizations and honored many times for those services. He was appointed to the Board in 2013.

Sue E. Anthony is a local attorney and practice law at the firm she founded, Anthony Law Office, PA. She has been a resident of the Wake Forest area and a community leader for over 25 years. She has been active in many community organizations, including serving as a former Chair of the Wake Forest Chamber of Commerce. She was appointed to the Board in 2013. Ms. Anthony resides in Wake Forest, N.C.

Earl F. Shoaf is Founder and Vice President of National Transformer Sales, Inc. of Raleigh, N.C. which provides sales and services to electrical utility companies and other providers of electrical power. Mr. Shoaf has operated the company since 1984. He previously was employed by Wake Electric, a regional electric power company where he served as General Manager. Mr. Shoaf resides in Raleigh, N.C.

Renee H. Shaw serves as the President and Chief Executive Officer of the Company and the Association, positions for which she was hired in August of 2017. She was elected to the Board of the Company and the Association in 2018. Ms. Shaw has been part of the Wake Forest community for more than 35 years, having worked with three area bank in various senior leadership roles, most recently as the Franklin County Market Executive for a regional bank. She has served on many board of local community organization, including as a former Chair of the Wake Forest Chamber of Commerce. Ms. Shaw resides in Wake Forest, N.C.

Michael A. Moss is a professional land surveyor and Owner/President of Cawthorne, Moss & Panciera, P.C., a local land surveying company specializing in residential lots, subdivisions and commercial tracts. He is widely recognized as a leader in the land surveying profession and is well known within the area’s development community. He currently serves on the Town of Rolesville Planning Board. Mr. Moss resides in Rolesville, N.C.