north carolina

Three takeaways from regulators' approval of the BB&T-SunTrust merger

11/20/19

The smooth and relatively short process should be encouraging to other big banks that are eyeing deals. But their window of opportunity may not last long.

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It's a seller's market in the Carolinas

11/18/19

United Bankshares in West Virginia was willing to pay a healthy premium for Carolina Financial, one of a dwindling number of available banks with more than $4 billion in assets.

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United in W.Va. to make big Carolinas push with latest bank deal

11/18/19

The company will pay $1.1 billion for Carolina Financial in Charleston, S.C., in a deal that will add nearly $5 billion in assets.

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First Horizon to buy 30 branches as part of BB&T-SunTrust divestiture

11/08/19

BB&T and SunTrust had to sell the branches to get Justice Department approval, marking a big step towards closing their merger.

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BB&T-SunTrust merger closing could slip into 2020

10/17/19

The companies say they're working hard to complete their deal this year — including spending millions on retention payments and other items — but there's no guarantee how quickly regulators will make their decisions.

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North Carolina bank has a new headquarters and brand

10/02/19

Sound Bank is now Dogwood State Bank after its sale to an investor group. The buyers also moved Dogwoods State's corporate offices from eastern North Carolina to the state's capital.

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First Citizens announces strategic acquisition in Georgia

09/24/19

The North Carolina company agreed to buy the much-smaller Community Financial Holding.

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North Carolina group switches plan from de novo to M&A

09/06/19

Skip Brown, an executive with the the Winston-Salem Banking Group, says it has signed a letter of intent to buy a community bank three months after withdrawing a charter application.

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Why Senate Republicans are sitting out pot banking fight

08/14/19

The 2020 election is shaping up to be a key yardstick for legislation expanding cannabis firms’ financial services access.

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Inside BB&T-SunTrust’s community reinvestment plan

07/22/19

Will the new commitment, which is 5% over what the banks have reinvested recently on their own, assuage advocacy groups' concerns about the merger?

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