After 114 years in business, Piedmont Federal Savings Bank is getting around to making small business loans. Piedmont is the state's biggest mutual bank.
Perhaps lost amid the Hurricane Florence coverage last week was the news that Wells Fargo plans to cut 5% to 10% of its employees, or as many as 26,500 positions, over the next three years. That [...]
KS Bancorp, a Johnston County-based community bank which is feeling takeover pressure from the Raleigh-based Holding family, says it wants to remain independent.
There was a time when North Carolina had the upper hand in banking industry consolidation and the development of startup banks. Those days are gone.