Independent Banker
MAY 31, 2022
Ted Whitehurst, Providence Bank president and CEO, led the charge to open a new brick-and-mortar location of the Raleigh, N.C., community bank during the pandemic. Location: Raleigh, N.C. When COVID-19 rocked the world in March 2020, Ted Whitehurst was reviewing a lease for a new branch of Providence Bank in Raleigh, N.C.
PYMNTS
OCTOBER 16, 2020
“This is a transformational partnership for First Citizens and CIT, designed to create long-term value for all of our constituents, including our stockholders, our customers, our associates and our communities,” said Frank Holding Jr. chairman and CEO of First Citizens, roles he will keep in the combined company. .
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American Banker
MARCH 28, 2024
Last year, the Raleigh, N.C.-based based Integrated called off a deal to sell itself to MVB Financial after bank stocks took a hit in the aftermath of the regional bank failures. Capital hopes to expand its government-guaranteed lending with the transaction.
Jeff For Banks
DECEMBER 10, 2023
Although one might argue that First Citizens BancShares of Raleigh is a SIFI as it climbed to the 19th largest in the country with its Silicon Valley Bridge Bank acquisition from the FDIC, and that the FDIC designated SVB as systemically important. Communities First Financial Corporation (Now FFB Bancorp) (OTCQX: FFBB) #2.
PYMNTS
NOVEMBER 5, 2019
1) drone deliveries were to a CVS customer’s home and to a different customer in a nearby retirement community. UPSFF and Matternet have already completed more than 1,500 revenue-generating drone deliveries at WakeMed Hospital in Raleigh, N.C. UPS on Tuesday (Nov. The Friday (Nov. Both flights launched from a CVS store in Cary, N.C.
PYMNTS
JUNE 20, 2018
Raleigh (N.C.), We’re incredibly proud to be a part of the metro Phoenix community,” said Ernie Garcia, founder and CEO of Carvana, in a press release announcing the launch of its latest vending machine. Tempe joins 11 other cities that have Carvana vending machines, including Houston, Austin, San Antonio, Dallas, Nashville (Tenn.),
PYMNTS
MARCH 11, 2020
The analyst community balked at longer-term questions about the company’s liquidity even though 2019 was the company’s sixth straight year of triple-digit revenue growth with over 177,000 cars delivered and just shy of $4 billion in revenue. “We billion, on an 82 percent increase in retail sales. Ontario (L.A.),
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