North Carolina

Now the organizers of American Bank & Trust must raise $20 million to open the state's first new bank since the financial crisis.

Regional and community banks are eager to buy branches and hire top performers from the merging companies.

BB&T is buying SunTrust Banks, creating a $442 billion-asset institution. Credit unions are hopeful the mega merger will present an opening to pick up new business.

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.

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

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

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

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.

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

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

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.