North Carolina

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.

Readers opine on the possibility of an Amazon-JPMorgan Chase checking partnership, weigh in on the Crapo bill, applaud plans that would make the CFPB more of a backup regulator and more.

Two groups have announced plans to open banks in the state, and several others have had talks with regulators. Is there room for more?

Spirit Community Bank would be based in Statesville, a community about 45 miles north of Charlotte. A separate set of organizers has already shared plans to open a bank east of Charlotte.

Parkway Acquisition in Virginia has agreed to buy Great State Bank for nearly $15 million.

The North Carolina bank is the latest regional to experience a widespread outage.

Banks may start paying special dividends now that capital levels have improved.

Organizers aiming to open a de novo just outside Charlotte say there's a need for a new community bank after several years of consolidation in the market.

First Citizens, which wants to buy KS Bancorp, has filed a lawsuit to challenge a so-called poison pill provision that the much smaller bank's board recently passed.

Just two months after a capital infusion, First Capital Bancshares added banking veterans including John McCoy and Harvey Glick as directors in a board overhaul, changed CEOs, and decided to move its corporate headquarters to Charleston, S.C.

Longtime CEO John Radebaugh will retire July 1, at which time EVP/COO Dan Schline will take the helm.

The as-yet-unnamed bank, which would be based near Charlotte, N.C., would be led by Randy Helton, a former CEO at American Community Bancshares.

The regional bank sold the business, which serves about 90 clients, to a New York commercial finance firm.