North Carolina

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.

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

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

Live Oak Bancshares became an SBA juggernaut by making loans, selling them and making more. With economic conditions changing, it is retaining more credits.

The North Carolina-based institution distributed more than $624,000 with some members receiving as much as $500.

Organizers of Community Bank of the Carolinas still need to raise $25 million and secure approval from the state's banking commissioner.

Scott Custer is set to become chairman of Dogwood State Bank, a proposed North Carolina de novo.

The North Carolina regional bank will gain four locations and $834 million in loans.

With fraud rising alongside mobile deposit usage, credit union executives needed a way to solve the problem without making the process burdensome to employees and members.

Organizers of Community Bank of the Carolinas in Winston-Salem have raised $13.6 million. The group has to bring in at least $25 million.

The Virginia company said that Carolina State Bank is on pace to open later this month.

Argent Financial Group will buy Live Oak's pre-need funeral trust business in a deal set to close later this year.

Frank Sorrentino, CEO of ConnectOne, says bankers who are unwilling, or unable, to invest in technology upgrades may have to find buyers as competition heats up.

The North Carolina company reported slightly lower costs and a stable net interest margin in the third quarter.

Donations to CUAid will go toward assisting credit union employees and volunteers impacted by the storm.

The question "Why do we exist?" is key to the credit union's engagement and motivation strategies.

More than $37,000 has been donated to the National Credit Union Foundation's CUAid initiative, while SECU has made a $1 million contribution to a local food bank providing relief.

Bennett Bradley, BB&T's chief digital officer, discusses how an investment in Enigma, which helps companies leverage data, fits within the regional bank's fintech strategy.

The storm dumped a record amount of rain on North Carolina over several days. Some sections of the coast remain off limits due to flooded highways.

There was no major damage reported after the storm, though one of the nation's largest credit unions was forced to temporarily shutter as many as 20 branches.