Lieutenant Colonel Fred Avery Price, Jr. passed peacefully on Thursday, August 5, 2021, after a short battle with a very aggressive cancer. He is survived by his sister, Janet McFaydden; children, Allison Price Stafford, Sharon Price Bivans, Fred A. Price III, and Robert D. Price; and his 7 grandchildren. Fred had recently turned 90 and was predeceased by his wife, Velma Flowe Rogers, who passed on December 23, 2018, after a beautiful marriage of 63 years.

Fred was born July 20, 1931, in Greensboro, NC to Fred Avery Price and Inez Varner Price. After attending Central High School in Greensboro, he continued his education at the University of North Carolina, where he graduated in 1953. He was a member of Chi Psi Fraternity. Fred was a lifelong Tar Heel fan and avid learner, later receiving his MBA from the prestigious University. In 1953, Fred joined the Air Force as a second Lieutenant, where he became a pilot and flew some of the first Jets in active service. During this time, Fred married his beloved wife, Flowe, June 18, 1955. Throughout his 23 years of service in the military, Fred served as an intelligence officer and flew many multiple-engine planes as part of the Military Airlift Command. He concluded his military career in Flying C-130s in the NC Air national guard as a Lieutenant Colonel.

Fred continued his professional career as a banker, holding prominent roles in NCNB (now Bank of America), First Union National Bank (now Wells Fargo), and Southern National Bank (Subsequently BB&T, now Truist Bank). After he and Flowe moved to Winston-Salem in 1992, Fred became an active member of the Highland Presbyterian Church, often serving on their finance committee. He further prioritized his community through his involvement with Kiwanis, an important organization to the Price family.