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Black-run bank channels capital infusion into digital upgrades

American Banker

M&F Bancorp in North Carolina plans to use some of the $18 million it received from big banks to make overdue improvements to its commercial lending platform. ]].

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North Carolina investment group buying Tennessee bank

American Banker

The acquirer had pursued a de novo strategy in its home state but was unable to raise enough capital.

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Organizers look to open bank in western North Carolina

American Banker

Highlands Banking would be based in a community near the state's borders with Georgia and South Carolina.

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Going the extra mile to help minority-owned businesses weather pandemic

American Banker

Uwharrie Capital in North Carolina and Valley National in New York used their community connections to seek out small companies in need of loans from the Paycheck Protection Program. They found plenty of them.

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Banking's Top 5 Total Return to Shareholders: 2023 Edition

Jeff For Banks

Total return includes two components: capital appreciation and dividends. Communities First Financial Corporation (Now FFB Bancorp) (OTCQX: FFBB) #2. It is a Minority Depository Institution (MDI) and is one of only a few North Carolina banks designated by the U.S. Coastal Financial Corporation (Nasdaq: CCB) #3.

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Tech Center: Charlotte On The Edge of Tech Greatness

PYMNTS

Just west of the Research Triangle in North Carolina, Charlotte’s technology industry has been slowly growing over the past few years. With this news, we decided to focus our Tech Center on the up-and-coming North Carolina city. million over the course of the next three years to build up a FinTech hub in Charlotte.

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North Carolina de novo on pace to open in March

American Banker

Organizers of Triad Business Bank have raised enough capital and have received approval from the FDIC.