High-profile exec to leave Live Oak in North Carolina

BankThink

Scott Custer is set to become chairman of Dogwood State Bank, a proposed North Carolina de novo. Community banking De novo institutions Succession planning North Carolina

FDIC clears path for North Carolina de novo bank

BankThink

Organizers of Community Bank of the Carolinas still need to raise $25 million and secure approval from the state's banking commissioner. Community banking De novo institutions Compliance Capital North Carolina Ohio

North Carolina Traditions.

Jim Blaine

Still important in North Carolina. North Carolina has a rich history of civil disobedience, which, in and of itself, is quite an intriguing phrase; because much of our disobedience of late has been anything but civil!

Why North Carolina is de novo central

BankThink

Community banking De novo banks Minimum capital requirements Capital North CarolinaTwo groups have announced plans to open banks in the state, and several others have had talks with regulators. Is there room for more?

Only In North Carolina.

Jim Blaine

Excerpts from The Davie County Enterprise Record : "Stink Bugs Looking To Hibernate" " Stink bugs count as a new invasive pest which needs to be tracked.

Proposed North Carolina de novo seeks to raise $30M

BankThink

Spirit Community Bank would be the first new bank in North Carolina since 2009. De novo banks Community banking Capital markets North Carolina

Fifth Third to buy North Carolina investment adviser

BankThink

M&A Regional banks Independent advisors North Carolina OhioThe Ohio regional will start offering advisory services to professional athlete after it buys Franklin Street Partners.

North Carolina deal boosts F.N.B.'s 2Q profit

BankThink

Earnings Non-interest income Commercial lending M&A Pennsylvania North CarolinaThe 2017 acquisition of Yadkin Financial was cited as a driver of growth for several fee-based businesses.

Third group plans de novo in North Carolina

BankThink

Organizers in Winston-Salem are planning to raise at least $25 million to form Community Bank of the Carolinas. De novo banks Community banking Capital North Carolina

Second group looks to form bank in North Carolina

BankThink

Spirit Community Bank is being planned in Statesville, a community located about 45 miles north of Charlotte. Community banking De novo banks Capital North CarolinaA separate set of organizers has already shared plans to open a bank east of Charlotte.

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

F.N.B. set to play offense in North Carolina

BankThink

Earnings M&A Regional banks Community banking Sailthru NMN origination no display Pennsylvania North CarolinaThe Pittsburgh company, pleased with employee and client retention from its March purchase of Yadkin Financial, is looking to hire lenders from other institutions.

North Carolina losing another bank to an out-of-state buyer

BankThink

Community banking M&A Capital Growth strategies Virginia North CarolinaParkway Acquisition in Virginia has agreed to buy Great State Bank for nearly $15 million.

West Town to buy Sound Banking in North Carolina

BankThink

M&A Integrations Growth strategies North CarolinaWest Town will pay $24.6 million in cash and stock for Sound Banking. The deal will close later this year.

National Politics 2016: North Carolina: H.B.2. A Third Potty Campaign?

Jim Blaine

Well, if you haven't heard about North Carolina's new law - trumpeted as "H.B.2" (House Bill #2) - you must be living on Mars! The law caught most folks in North Carolina by surprise, as most of us didn't realize we "had a problem".

North Carolina bank feels sting of New Orleans bank failure

BankThink

Earnings Failures Debt North Carolina LouisianaEntegra Financial disclosed that it held First NBC subordinated debt. An impairment charge tied to the bank's failure will lower Entegra's first-quarter profit by $441,000.

Pinnacle Financial to buy Bank of North Carolina parent

BankThink

Community banking Capital North Carolina TennesseeThe $1.9 billion deal – the largest announced in 2017 – will create a bank with nearly $20 billion in assets.

North Carolina Data Management Innovator Cognitect is Alum 1,000

NetBanker

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.

United is latest out-of-state acquirer to enter North Carolina

BankThink

Community banking M&A Capital Georgia North CarolinaThe Georgia bank will pay $124 million for Four Oaks Fincorp, buying a bank with a large operation in Raleigh, N.C.

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

Carolina Financial in S.C. is latest out-of-state bank to expand in North Carolina

BankThink

It is the fifth time this year that a bank in North Carolina has agreed to be sold to a buyer from another state. Community banking M&A Capital South Carolina North CarolinaThe company agreed to pay $162 million to buy First South Bancorp in Washington, N.C.

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

Food In Flight: Delivering Mobile Orders By Drone

PYMNTS

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.

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

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

First Citizens adding branches in South Florida with Biscayne acquisition

BankThink

The North Carolina regional bank will gain four locations and $834 million in loans. M&A Regional banks Community banking Growth strategies North Carolina Florida

TRENDING: Giving Food Delivery A Drone-Powered Lift

PYMNTS

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

Trends 149

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.

Former CEO of North Carolina credit union charged with embezzlement

CU Insight

A North Carolina federal grand jury on Friday indicted Saundra Torrence, a 27-year president/CEO of the $32 million First Legacy Community Credit Union, for allegedly embezzling more than $375,000 from the Charlotte-based cooperative. Attorney for the western district of North Carolina.

BB&T fixes ATMs hit by tech glitch, but online banking still down

BankThink

The North Carolina bank is the latest regional to experience a widespread outage. Mobile banking Online banking Cyber security Consumer banking ATMs Technology BB&T North Carolina

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

Live Oak in N.C. to sell niche funeral business

BankThink

Community banking Consumer lending M&A North CarolinaArgent Financial Group will buy Live Oak's pre-need funeral trust business in a deal set to close later this year.

BB&T makes first fintech foray in bid to boost digital banking

BankThink

Fintech Regional banks Regtech Growth strategies M&A North Carolina New YorkBennett Bradley, BB&T's chief digital officer, discusses how an investment in Enigma, which helps companies leverage data, fits within the regional bank's fintech strategy.

First Citizens plays small ball with coastal S.C. acquisition

BankThink

The North Carolina regional will pay $30 million for the much-smaller Palmetto Heritage Bancshares. Regional banks Community banking M&A Capital Growth strategies North Carolina South Carolina

Expense control, balance sheet management fuel BB&T's earnings

BankThink

The North Carolina company reported slightly lower costs and a stable net interest margin in the third quarter. Regional banks Earnings Revenue and expenses Kelly King BB&T North Carolina

Banks across the Carolinas assess aftermath of Hurricane Florence

BankThink

The storm dumped a record amount of rain on North Carolina over several days. Natural disasters Disaster recovery Crisis management Community banking Regional banks North Carolina South CarolinaSome sections of the coast remain off limits due to flooded highways.

BB&T warns of slower revenue growth in second half of '18

BankThink

A tempered forecast overshadowed solid second-quarter results at the North Carolina regional bank. Earnings Regional banks Revenue and expenses Kelly King BB&T North Carolina

Behind the rebirth of Charlotte's banking market

BankThink

The North Carolina city lost all its locally owned banks, but a fintech push and more favorable economics for de novos could lead to an entry-level resurgence. Community banking De novo banks M&A North Carolina

Sandbox Bill Announced For FinTech, Gov Regulations

PYMNTS

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.

N.C. de novo effort closes in on initial capital goal

BankThink

Organizers of Community Bank of the Carolinas in Winston-Salem have raised $18 million. Community banking De novo institutions Capital North CarolinaThe group has to bring in at least $25 million.

Blue Ridge Bankshares hires CEO for N.C. bank

BankThink

The Virginia company said that Carolina State Bank is on pace to open later this month. Community banking Recruiting Growth strategies Virginia North Carolina

Staff reductions, other cost cuts pay off at BB&T

BankThink

The North Carolina company's efforts to contain expenses made up for a marginal increase in revenue. Regional banks Earnings Expense management Kelly King BB&T North Carolina