north carolina

North Carolina has first new bank since the financial crisis

05/20/19

American Bank & Trust opened after organizers raised more than $22.5 million.

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Buyer avoids red tape, seller builds on strength in Sound Bank deal

05/10/19

The deals lets a North Carolina group skip the de novo process. West Town, which sold the bank, will use the funds to support a fast-growing business line.

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You name it, this fast-growing regional has a plan (just ask)

05/08/19

Pinnacle Bank chief Terry Turner never lacks specifics. He wants to expand inside a triangular zone that connects three Southern and mid-Atlantic cities, aims to enter five particular markets, and speaks bluntly about his plans for hiring alums of BB&T and SunTrust.

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Organizers planning de novo bank in North Carolina

05/07/19

Triad Business Bank adds to the list of de novo efforts taking place in the state.

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Investor group buys, recapitalizes North Carolina bank

05/07/19

Sound Bank has new management as part of the transaction. It will also get a new name and expand into higher-growth markets.

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Bigger is better, BB&T-SunTrust chiefs assure skeptics

04/25/19

The two banks’ CEOs used a public hearing to argue their merger will be a boon for underserved markets. But other speakers warned that bank consolidation hurts communities.

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Buyout drama in N.C. highlights flaw in MOE deals

04/24/19

SmartFinancial lined up a compelling merger with Entegra. Then a bigger bank offered more money and a higher premium.

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First Citizens plays disruptor role with agreement to buy N.C. bank

04/24/19

Entegra Financial, which had agreed to sell to SmartFinancial, is now selling to First Citizens, which offered more money and will pay a breakup fee for the initial deal.

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Charlotte bound: U.S. Bank expanding into hometown of BofA, BB&T-SunTrust

04/22/19

The Minneapolis bank will open about 10 branches in North Carolina's largest city by the end of next year, adding to already intensifying competition among big banks.

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BB&T and SunTrust vow to minimize employee, client defections

04/18/19

The cold, hard truth of bank mergers is that rivals often steal top producers and convince customers the bigger bank won’t care about them anymore. The CEOs of the merging banks explain their retention efforts.

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