Now known as CommunityOne Bank, this local area bank was chartered in 1907 as the First National Bank of Asheboro. In the 1980s, First National grew by expansion into Randolph’s contiguous counties and in 1990 changed its name to First National Bank and Trust Company to recognize its new trust and investment services. Since then CommunityOne has continued to grow and prosper, operating branch bank offices in communities from the Sandhills to the Triad and out to the western NC foothills. In addition, CommunityOne’s subsidiary partner provides mortgage services in the coastal areas of the state.