North Carolina investment group buying Tennessee bank

American Banker

Capital North Carolina Community banking M&A TennesseeThe acquirer had pursued a de novo strategy in its home state but was unable to raise enough capital.

Park National to close 21 branches in Ohio and North Carolina

American Banker

North Carolina Expense management Branch network Community banking OhioThe Ohio company said the decision reflects branch overlap and lower customer usage of the locations being shuttered.

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North Carolina de novo to open after raising $50 million

American Banker

Capital North Carolina Community banking De novo institutionsTriad Business Bank, which will immediately have offices in three cities, will debut next week.

North Carolina de novo on pace to open in March

American Banker

Community banking De novo institutions Capital North CarolinaOrganizers of Triad Business Bank have raised enough capital and have received approval from the FDIC.

Bitcoin Daily: North Carolina Looks To Blockchain For Economic Boost; S. Korea’s LG To Use Blockchain For School Lunch Supply Chain


North Carolina Lieutenant Governor Dan Forest announced the launch of the North Carolina Blockchain Initiative to study the technology, virtual assets, smart contracts and digital tokens. The initiative will be co-chaired by Faruk Okcetin of the North Carolina Digital Economy Hub; Daniel Spuller of the Chamber of Digital Commerce; and Eric Porper of the Warp Institute. Bitcoin B2B B2B Payments bitcoin Blockchain LG News North Carolina What's Hot

Digital Currency Law Signed in North Carolina

American Banker

Pat McCrory on Wednesday signed the North Carolina Money Transmitters Act, as requested by the state banking commissioner's office. breaking_news law-regulation national-regional blockchain-digital-currencies nc bank-technology

Bank of North Carolina Gets Rebranded as BNC Bank

American Banker

billion-asset company said in a press release Tuesday that Bank of North Carolina is now BNC Bank. BNC Bancorp in High Point, N.C., has rebranded its banking unit to reflect its expansion beyond the Tarheel State. The $7.5 nc retail-branch-strategies dealmaking-strategy breaking_news community-banking

Coronavirus: CA Mandates Premium Refunds; NC Universities To Provide Partial Room, Board Reimbursements


On another note, some institutions of higher education in North Carolina are starting to provide students with reimbursement for residential and dining services that were not utilized because of COVID-19, Carolina Public Press reported.

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UCSD Tests New Drone Deliveries For Medical Products


The program will be Matternet’s third, with an earlier UPS partnership having made 1,900 flights at WakeMed, a hospital in North Carolina. Delivery cvs drone delivery Hospitals Matternet medical News North Carolina Technology UCSD UPS What's Hot

Is North Carolina Next in Line for Tennessee's Pinnacle?

American Banker

The company believes it is done making acquisitions in its home state. The next phase of growth will likely involve deals and strategic hiring in large urban markets across the Southeast. community-banking consolidation performance nc m-a strategic-alternatives dealmaking-strategy

Virginia, North Carolina Banks to Swap Branches

American Banker

First Bancorp in Southern Pines, N.C., and First Community Bancshares in Bluefield, Va., have agreed to exchange branches in two states. breaking_news community-banking branch-deals nc va dealmaking-strategy

Little Bank to Buy Union Banc in North Carolina

American Banker

Little Bank in Kinston, N.C., has agreed to buy its first bank. It will pay $30.7 million, or $11.94 a share, for the $298 million-asset Union Banc in Oxford, N.C. breaking_news community-banking m-a nc dealmaking-strategy

CFPB October 2016 complaint report highlights prepaid card complaints, complaints from North Carolina consumers

CFPB Monitor

The CFPB has issued its October 2016 complaint report which highlights complaints about prepaid cards and complaints from consumers in North Carolina and the Charlotte metro area. Findings regarding complaints from North Carolina consumers include the following: As of October 1, 2016, approximately 27,600 complaints were submitted by North Carolina consumers of which approximately 29 percent (about 8,000) were from Charlotte consumers. Barbara S. Mishkin.

F.N.B. Taps More Yadkin Execs to Key North Carolina Posts

American Banker

to take on leadership roles for its new markets in the Carolinas. F.N.B. in Pittsburgh has selected more executives from Yadkin Financial in Raleigh, N.C., dealmaking-strategy breaking_news people corporate-governance nc sc community-banking

HomeTrust reverses course on plan to sell $90M in mortgages

American Banker

The North Carolina company will hold onto the loans following the Fed's decision to slash interest rates. Mortgages North Carolina Community banking M&A Growth strategies

AvidXchange expands corporate headquarters in North Carolina

The Paypers

(The Paypers) US-based AP automation solutions provider AvidXchange has announced expanding its corporate headquarters in North Carolina

Banks try pooling resources to help defray AML costs

American Banker

A North Carolina group is trying to take regulators' cue to work together. Community banking AML Mutual banks North Carolina OhioA successful effort could encourage others to follow its lead.

Drone Company Flytrex Secures $7.5 Million


Flytrex also has plans to expand into North Carolina. Investments delivery Drones financing flytrex funding golf course Investment News North Carolina Startup Venture CapitalFlytrex, a six-year-old Israeli startup, has raised $7.5

North Carolina Senate approves Bitcoin bill

The Paypers

(The Paypers) The North Carolina Senate has approved the amendment of a statutory article – the North Carolina Money Transmitters Act

Food In Flight: Delivering Mobile Orders By Drone


That’s a problem that drone delivery company Flytrex is aiming to solve in partnership with the North Carolina Department of Transportation (NCDOT). A separate pilot program in North Carolina is exploring drone delivery for medical materials.

HomeTrust in N.C. sells $160 million in mortgages

American Banker

Community banking M&A Mortgages North CarolinaThe company plans to sell more mortgages in the first quarter, which would bring its loan-to-deposit ratio below 100%.

Truist rivals eager to poach clients but will have to wait

American Banker

Integrations Recruiting Community banks Earnings Virginia North CarolinaFor small regionals like Atlantic Union and F.N.B., the biggest opportunity to snag customers will come when the rebranding of BB&T and SunTrust branches begins next year.

A community bank's mobile strategy drives digital payments

Payments Source

Mobile payments North CarolinaMuch like small businesses, small banks can't take on huge IT projects and rely more on targeted deployments to build a user base for future technology.

TRENDING: Giving Food Delivery A Drone-Powered Lift


Intelligence of Things delivery Drones flytrex Intelligence of Things Tracker IoT Main Feature News North Carolina Department of Transportation Self-Driving Cars Tracker Series

Truist fights credit union's claims of copyright infringement

American Banker

Litigation Consumer banking Branch management Federal credit unions Credit unions Truist Financial North CarolinaThe company created by the BB&T-SunTrust merger said that Truliant Federal Credit Union does not own the trademark rights to names beginning with the prefix "tru.".

Tech Center: Charlotte On The Edge of Tech Greatness


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. With the North Carolina Technology Association regularly holding its annual tech expo in Charlotte this year, the city is continuing its upward trajectory.

North Carolina Data Management Innovator Cognitect is Alum 1,000

Fintech Labs Insights

Durham, North Carolina-based Cognitect helped us make the milestone, and will join us next week at our upcoming developers conference in the Bay Area. The post North Carolina Data Management Innovator Cognitect is Alum 1,000 appeared first on Finovate.

Equifax reaches deal with 8 states on steps to avoid future breaches

Payments Source

Data breaches Data security Data privacy Corporate governance Risk management Security risk Equifax FTC CFPB California New York Texas Georgia North Carolina Massachusetts Maine AlabamaUnder a consent order with Texas and seven other states, the Atlanta-based credit reporting firm agreed to shore up its information security efforts, but it will not have to pay any financial penalties.

Sandbox Bill Announced For FinTech, Gov Regulations


Regulation Federal Government hedgeable House of Representatives McHenry North Carolina regulation sandbox U.K. The FinTech industry is undoubtedly a competitive one — never mind the cross-country rivalry. As digital currencies, like bitcoin, expand their reach and more people pay using their smartphone, there are concerns that the U.S. may fall behind to other leading countries, specifically the U.K, which is making strides in the space. To make sure the U.S.

BLOBfish And The Cure For The Summertime Blues


Other than being one of the ugliest creatures to inhabit the sea, BLOBfish Activity Hub is also the name of a small North Carolina-based startup that aims to be the ‘TripAdvisor of summer camp’ It is, quite simply, meant to be the one-stop shopping hub for the parent in need of a summer activity. News Retail Ann McDowell Blobfish BLOBfish Activity Hub BLOBfish startup camp Featured News North Carolina search engine Startup summer camp summer camps for kids TripAdvisor

Strategy drives structure. in theory only?

Jeff For Banks

I taught Organizational Structure this week at the North Carolina School of Banking. bank organizational structure bank strategy banking school credit union organizational structure drucker Jeff Marsico Kafafian Group nc bankers north carolina school of banking

The Clearing House Sponsored A Contest For Apps Using Its Real-Time Payment Rails

Tom Groenfeldt

The North Carolina Fintech Hub and The Clearing House invited banks and fintech firms to develop innovative solutions using the TCH real-time payments (RTP) network

Podcast: Building a Career as a Community Banker

ABA Community Banking

Two rising community bank executives in North Carolina share lessons in career development and leadership. The post Podcast: Building a Career as a Community Banker appeared first on ABA Banking Journal.

Things worth reading: 6th April 2016

Chris Skinner

Things we’re reading today include … Banks deny claims they helped avoid tax Worldpay set to break free from RBS PayPal cancels North Carolina center in protest of law that ‘denies equal rights’ Barclays again warns on investment bank results Libor trial: former Barclays bankers were ‘driven by money’ Reading

Coronavirus Refunds: Jimmy Buffett Fans To Get Reimbursement Option For Tour


The concert at Charlotte, North Carolina’s PNC Music Pavilion has been rescheduled to April 24, 2021 and the concert at the Boston, Massachusetts Xfinity Center has been rescheduled for Aug.