PYMNTS

FEBRUARY 19, 2020

The research filtered data from the Federal Deposit Insurance Corporation (FDIC). Conversely, JPMorgan Chase is opening branches, adding 50 locations in North Carolina alone. There was a 2.2 percent drop during the same time period a year earlier, the research showed. The industry was the biggest loser out of all the major U.S.

New York 167

New York North Carolina US New York City 167

CFPB Monitor

AUGUST 25, 2020

The plain language of the governing federal statute applies only to interest that an FDIC-insured state bank may charge. Allegedly, the FDIC’s rule represents an expansion of the FDIA’s preemption of state law interest rate caps by extending the preemption to assignees of loans originated by such banks.

FDIC 78

FDIC District of Columbia North Carolina Illinois 78

American Banker

FEBRUARY 5, 2020

Organizers of Triad Business Bank have raised enough capital and have received approval from the FDIC.

North Carolina 41

North Carolina FDIC Capital Community Bank 41

Jeff For Banks

DECEMBER 10, 2024

The FDIC designated SVB as systemically important. They were under an FDIC consent order from 2014 through 2020 relating to their BSA and OFAC compliance and their relationship with third parties seeking access to the banking system. First Citizens Bank was founded in North Carolina in 1898 as the Bank of Smithfield.

Las Vegas 70

Las Vegas Lending Community Bank North Carolina 70

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. First Citizens Bank was founded in North Carolina in 1898 as the Bank of Smithfield.

Fresno 101

Fresno North Carolina Raleigh FDIC 101

CFPB Monitor

SEPTEMBER 10, 2020

Because CCBank is a state-chartered FDIC-insured bank located in Utah, Section 27(a) of the Federal Deposit Insurance Act authorizes CCBank to charge interest on its loans, including loans to California residents, at a rate allowed by Utah law regardless of any California law imposing a lower interest rate limit.

Utah 78

Utah California FDIC West Virginia 78

Jeff For Banks

SEPTEMBER 10, 2011

Since that time, the company has grown to more than 100 locations throughout Arkansas, Texas, Georgia, North Carolina, South Carolina, Alabama and Florida. They acquired seven failed institutions in Georgia, Florida, and South Carolina from the FDIC, adding over $2 billion of acquired assets since March 2010.

Arkansas 65

Arkansas South Carolina FDIC Georgia 65