north carolina

Do multiple charters still make sense?

04/17/18

A Virginia bank's decision to pursue a charter in North Carolina puzzles some observers, given the added complexity and costs.

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Pinnacle in Tenn. raises its profitability target

04/17/18

The company, which completed a major acquisition last year, said tax reform will help it generate a higher return on average assets.

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Banking veteran to become executive chairman of Colo. fintech firm

04/17/18

Chris Marshall, a former CFO at Capital Bank Financial, will help Tax Guard recruit bank and nonbank clients. The firm uses technology to let lenders know if potential clients owe money to the IRS.

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Blue Ridge Bank in Va. plans to seek N.C. charter

04/13/18

The bank, which already offers mortgages through seven offices across North Carolina, is the fourth group to announce plans for a de novo in the state.

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Embattled N.C. bank steels itself for proxy fight

04/05/18

KS Bancorp, which is trying to avoid a hostile takeover, may be facing a skirmish with an activist investor over one of its board seat.

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Grave situation: How one bank is helping cemeteries get loans

03/27/18

Live Oak Bancshares took two years developing a loan for cemetery operators, a group that faces challenges with financing for property improvements.

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Small N.C. bank dealt legal blow in effort to block hostile takeover

03/23/18

A judge in North Carolina granted a request by First Citizens to block KS Bancorp from enacting a shareholder rights plan.

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Burned by last deal, Ohio bank extra cautious this time around

03/15/18

Park National, which came to regret its acquisition of a Florida bank just before the financial crisis, took more than a year to vet NewDominion before making an offer.

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Third group plans de novo in North Carolina

03/14/18

Organizers in Winston-Salem are planning to raise at least $25 million to form Community Bank of the Carolinas.

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Small N.C. bank says hostile bid has cost it employees and clients

03/09/18

KS Bancorp disclosed in a legal filing that an takeover effort by First Citizens is spooking lenders and prompting prospects to delay and cancel plans to move deposits and lending relationships.

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