north carolina

BB&T, SunTrust to combine in $66B merger

02/07/19

The industry's largest acquisition in more than a decade will create the sixth-biggest bank in the country, with assets of more than $442 billion.

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De novo activity's up, but organizers face familiar obstacles

01/24/19

Three groups in North Carolina have scrapped plans to start banks because of difficulty raising capital, among other reasons.

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BB&T accelerates cost-cutting to fund tech expansion

01/17/19

The North Carolina regional closed dozens of branches and cut jobs across the company, directing a chunk of the savings to digital banking initiatives.

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Entegra in N.C. delays earnings to review potential impairment charge

01/16/19

The company recently agreed to be sold to SmartFinancial in Knoxville, Tenn.

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Moynihan or Dimon: Whose crystal ball is right?

01/16/19

Bank of America CEO Brian Moynihan and his fellow executives said they see nothing to suggest a slowdown is imminent. Their outlook was far more upbeat than that of JPMorgan chief Jamie Dimon.

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SmartFinancial to nearly double in size with purchase of N.C. bank

01/15/19

The Tennessee company will have $4 billion in assets and 47 branches in six states when it buys Entegra Financial.

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First Citizens to buy small bank in South Carolina

01/10/19

The North Carolina company agreed to pay $38 million in cash for First South Bancorp.

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FDIC paves way for another de novo effort in North Carolina

12/31/18

Spirit Community Bank is the 15th bank to get the agency's approval this year. That list also includes Community Bank of the Carolinas, which was approved in early December.

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Movement Bank in Va. hires veteran banker as next CEO

12/20/18

David Rupp was CEO of Four Oaks Fincorp in North Carolina when it sold itself to United Community Banks last year.

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Hemp legalization could be boon for banks

12/19/18

Banks were reluctant to offer services to an industry that had a hazy legal status. That’s about to change.

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