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John Poelker recently stepped down from CertusHoldings in Greenville, S.C., but in less than a year on the job he broke up a $1.7 billion-asset company that had lost roughly $170 million from 2012 to 2014 amid investor claims of mismanagement and excessive spending by his predecessors. Here's a look at how he did it.
June 22 -
Yadkin Financial in Raleigh, N.C., has agreed to sell two branches in North Carolina to Select Bancorp in Dunn, N.C.
June 19 -
Evangelist Franklin Graham said he will close his ministries' accounts at Wells Fargo after the bank ran advertisements featuring a lesbian couple, the Charlotte Observer reported.
June 9 -
Four Oaks Fincorp in Four Oaks, N.C., will soon have a new chief executive.
June 9 -
ElecTel Cooperative FCU here celebrated National Donut Day Friday with a "Hot Loans Now" promotion for personal loans that pulled in more than $560,000. Rates started at 1.99% for one year, 2.99% for two years and 3.99% for three years, and the credit union did not put a cap on how much members are eligible for.
June 5 -
A Tennessee community bank investor has acquired a majority stake in AB&T Financial in Gastonia, N.C.
June 1 -
First Bank in Wilmington, N.C., opened a new branch in Jacksonville, N.C., earlier this week, that was designed to be environmentally friendly.
May 29