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Growing a new branch

Independent Banker

Ted Whitehurst, Providence Bank president and CEO, led the charge to open a new brick-and-mortar location of the Raleigh, N.C., community bank during the pandemic. Location: Raleigh, N.C. When COVID-19 rocked the world in March 2020, Ted Whitehurst was reviewing a lease for a new branch of Providence Bank in Raleigh, N.C.

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

Jeff For Banks

Although one might argue that First Citizens BancShares of Raleigh is a SIFI as it climbed to the 19th largest in the country with its Silicon Valley Bridge Bank acquisition from the FDIC, and that the FDIC designated SVB as systemically important. Communities First Financial Corporation (Now FFB Bancorp) (OTCQX: FFBB) #2.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

The analyst community balked at longer-term questions about the company’s liquidity even though 2019 was the company’s sixth straight year of triple-digit revenue growth with over 177,000 cars delivered and just shy of $4 billion in revenue. This year we expect another year of market-leading growth. New Markets.

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2021 GonzoBanker Awards

Gonzobanker

For the past four-plus years, Chesler has guided Glacier through continued growth and successful acquisitions across the West, all while staying true to Glacier’s local market culture. Congrats to Randy and a great management team. Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. The Bank That Gets Fintech.

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How to Offset an Evaporating Data Center

Gonzobanker

Industry-specific tech talent is consolidating and migrating to programmer and megabank community hotspots in San Jose, Seattle, San Francisco, Boston, Raleigh, Charlotte, Atlanta and Phoenix. It can be extremely challenging for banks and credit unions that are not in one of these hotspots to find data center rock stars.

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Bitcoin’s Resplendent Week

PYMNTS

This rogue group also voiced fears that bitcoin’s strong position in the market could be usurped by an alternative digital currency. A second ad due for release in a few weeks will provide information for local business owners on how to accept bitcoin and its benefits to the local community. So, residents of Keene have it right.

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