 NEW YORK, June 4, 2021 PRNewswire -- Juan Monteverde , founder and managing partner at Monteverde Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Select Bancorp, Inc. SLCT or the Company NASDAQ: SLCT relating to its proposed merger with First Bancorp NYSE: FBP. Under the terms of the agreement, SLCT shareholders will receive 0.408 shares of FBP per share they own. 