News Topic: north carolina

The company will pay $142 million for Carolina Alliance Bank three months after buying NewDominion in Charlotte, N.C. ... Read full article

With the large storm threatening coasts in Virginia and the Carolinas, some banks are planning to shutter branches for the rest of this week. ... Read full article

Casey 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. ... Read full article

Organizers of Dogwood State Bank are looking to raise $75 million in hopes of opening by mid-2019. ... Read full article

The Ohio regional will start offering advisory services to professional athlete after it buys Franklin Street Partners. ... Read full article

While the looming loan-loss accounting standard has been criticized for its complexity and the potential cost to implement, some advocates believe it could also lead to better pricing decisions and improve communication within a bank. ... Read full article

Organizers of Dogwood State Bank want to open Raleigh's first new bank since the financial crisis. ... Read full article

The North Carolina regional will pay $30 million for the much-smaller Palmetto Heritage Bancshares. ... Read full article

The 2017 acquisition of Yadkin Financial was cited as a driver of growth for several fee-based businesses. ... Read full article

A tempered forecast overshadowed solid second-quarter results at the North Carolina regional bank. ... Read full article

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. ... Read full article

One-time items included $43.2 million of second-quarter expenses related to the Capital Bank acquisition, but First Horizon executives forecast sizable savings from the deal. ... Read full article

Moxy Bank would focus on low- and moderate-income depositors in the nation's capital, while operating a lending platform in North Carolina. ... Read full article

Consumer advocates are urging local governments and courts to consider a person’s ability to pay before assessing fines and fees for such infractions as unpaid traffic tickets. Such changes could help low-income households avoid bankruptcy — and perhaps ... Read full article

Aquesta Financial Holdings expects to record a post-tax gain of $1.7 million from the sale of its insurance business. ... Read full article

The company continues to be restricted from pursuing acquisitions until the Federal Reserve lifts its enforcement order requiring it to strengthen anti-money-laundering controls. ... Read full article

Spirit Community Bank would be the first new bank in North Carolina since 2009. ... Read full article

Under a consent order with Texas and seven other states, the Atlanta-based credit reporting firm agreed to shore up its information security efforts, but it will not have to pay any financial penalties. ... Read full article