North Carolina

KS Bancorp wants to become a corporation in business-friendly Delaware, which would be more likely to back its defensive-minded share-rights plan.

Buyers are scooping up many of the market's biggest banks, making it harder for others to gain scale.

Live Oak Bancshares wants its next bank president to “step on the gas” as it accelerates growth into new industries.

The high-profile hiring of Huntley Garriott comes a year after the North Carolina company had brought on a veteran banker to run the unit.

The North Carolina-based credit union has released a report on its 2017 growth figures, including 5.1 percent member growth and loan growth of more than $300 million.

A federal grand jury in Charlotte, N.C., has indicted a former credit union CEO with fraud in connection with the U.S. government's Troubled Asset Relief Program.

The North Carolina company's efforts to contain expenses made up for a marginal increase in revenue.

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

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

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.

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.

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

The North Carolina-based credit union will increase its starting pay to more than double the federal minimum wage.

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

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

The North Carolina-based credit union is the latest to increase starting wages as part of the nationwide push to ensure all workers are paid a living wage.

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.

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

The National Credit Union Administration has approved a field of membership expansion for the Myrtle Beach-based credit union.

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.