Community focus Surrey Bank & Trust is a locally owned community bank with a footprint across six branches in North Carolina and Virginia, presenting opportunities to cross-sell local-focused financial products to families and small businesses in the region.

Digital & tech The bank employs modern tech tools (Google Analytics, Tag Manager, jQuery, ZURB Foundation) and partnered with Teslar Software to automate lending and deposits, signaling openness to technology-driven efficiency gains and potential for expanded digital banking and back-office automation services.

Leadership transition Leadership change with Pedro Pequeno II as president and ongoing succession planning may create a window for strategic partnerships, advisory services, and targeted solutions that align with the bank’s growth trajectory and governance priorities.

Recent sale activity The announced sale of assets to First Community Bank for over $113 million indicates a period of strategic realignment, creating opportunities to offer integration services, treasury management, and financial technology that supports merger integration and customer retention.

SMB growth potential With a focus on families and small businesses in underserved communities, there is opportunity to present tailored small-business lending solutions, cash-management services, and local marketing partnerships to expand the bank’s portfolio in its core markets.