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


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?

Fifth Third to buy North Carolina investment adviser


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.

Proposed North Carolina de novo seeks to raise $30M


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

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.

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


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.

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

Second group looks to form bank in North Carolina


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.

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


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


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

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

West Town to buy Sound Banking in North Carolina


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.

North Carolina bank feels sting of New Orleans bank failure


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.

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".

Pinnacle Financial to buy Bank of North Carolina parent


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


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


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


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.

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.

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

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

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.

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


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

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

Trends 130

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 makes first fintech foray in bid to boost digital banking


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.

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


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

Banks across the Carolinas assess aftermath of Hurricane Florence


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.

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.

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


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

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


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


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


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.

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


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

Carolina Trust continues N.C. consolidation wave with Clover deal


The acquisition will help Carolina Trust expand its operations around Charlotte. Community banking M&A Growth strategies North Carolina

TowneBank in Va. to pay $323.7M for N.C. bank


TowneBank's acquisition of Paragon Commercial Bank would give it access to several North Carolina markets. M&A Community banking North Carolina Virginia

Group applies to open minority owned bank in Washington


Moxy Bank would focus on low- and moderate-income depositors in the nation's capital, while operating a lending platform in North Carolina. Community banking De novo banks Capital FDIC Washington DC North Carolina

Mortgage exec gives struggling bank a digital makeover


Community banking Online banking Digital marketing Virginia North Carolina South CarolinaCasey Crawford, CEO of Movement Mortgage, bought First State Bank in Virginia last year. He has since injected more capital into the bank in an effort to reinvent it.

Four de novo organizers settle on their banks' names


A group in North Carolina has finally gone public with its brand, and three other de novos have already been rebranded. Community banking De novo banks Commercial lending Branding North Carolina New York Nevada Massachusetts

Former Yadkin chief leaves just days after company's sale to F.N.B.


days after the Pittsburgh company bought Yadkin to enter North Carolina. M&A Growth strategies Recruiting North CarolinaScott Custer resigned as a director and paid consultant to F.N.B.