Raleigh - Community Banking Brief

Back to in-person events (for now) and loving it!

Accenture: Banking

JULY 20, 2022

The recent nCino nSight 2022 conference in Raleigh, North Carolina, was the first large-scale, in-person event I’ve attended in over two years. Although the presentations at the event were very informative and insightful, (look below for our nSight 2022 key session summary), I’m not going to discuss those here. Instead, I’d like to focus on….

North Carolina

North Carolina Raleigh Conference

Abrigo CEO Wayne Roberts announces retirement

Abrigo

OCTOBER 17, 2022

He built a strong leadership team and an employee base that has been recognized consistently as one of the best places to work in Austin, Texas, and Raleigh, N.C., Roberts has led Abrigo through a tremendous growth period as well as through the pandemic and the related transition to a largely remote work environment.

Texas

Texas Leadership Austin Raleigh

First Citizens, CIT Group Merger Will Create $100B Bank

PYMNTS

OCTOBER 16, 2020

The merged firm will be headquartered in Raleigh, North Carolina and will operate under the First Citizens name and NASDAQ ticker symbol FCNCA. She added that this combined, larger firm will result in “greater opportunities for our team, our customers and our communities.”.

Groups

Groups South Carolina North Carolina Raleigh

Webinars

Book of Secrets on the Month-End Close

MORE WEBINARS

Uber Connect Expands For Holiday Package Delivery

PYMNTS

DECEMBER 9, 2020

Paul, Nashville, New Jersey, the New York City suburbs, Raleigh-Durham, Richmond, Portland, Salt Lake City, Seattle, St. Louis, Tucson and Upstate New York. This is the moment of truth for eCommerce delivery and fulfillment as the pandemic continues to fuel heightened demand for online shopping and delivery amid the busy holiday season.

St. Louis

St. Louis Las Vegas Kansas City Tucson

State Employees’ Credit Union in Raleigh names next CEO

American Banker

AUGUST 16, 2021

(..)

Raleigh

Silicon Valley Is Losing Its Luster With Millennials

PYMNTS

APRIL 18, 2019

Reuters noted that other cities around the country including Boston, Austin, Texas and Raleigh, North Carolina may be attractive to millenials. Of the African American survey responsents, 71 percent said they were considering leaving. That was followed by Latinos with 53 percent signaling a change.

San Francisco

San Francisco Millennials San Jose North Carolina

ALDI Expands Online Grocery Delivery To All US Stores

PYMNTS

SEPTEMBER 19, 2018

According to Chain Store Age , the German supermarket company will use its partnership with Instacart to roll out the service to 75 major markets, including San Diego, New York City, Miami, Raleigh and Minneapolis. By Thanksgiving, it will be available in 5,000 new areas in 35 states.

San Diego

San Diego Online Los Angeles US

Growing a new branch

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., 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. community bank during the pandemic.

Raleigh

Raleigh Community Community Bank Lending

PayRails Expands Credit Union Collaboration Initiative

PYMNTS

FEBRUARY 25, 2020

From there, the company consisted of six CUSOs: Coastal Credit Union (Raleigh, NC), Farmers Insurance Federal Credit Union (Los Angeles, CA), Georgia’s Own Credit Union (Atlanta, GA), Meritrust Credit Union (Wichita, KS), Teachers Credit Union (South Bend, IN) and TwinStar Credit Union (Lacey, WA).

Los Angeles

Los Angeles Wichita CA Albuquerque

Integrated Financial finds new buyer in Capital Bancorp

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.

Raleigh

Raleigh Capital Regional Lending

Uber Expands ‘Ride Pass’ Monthly Subscription

PYMNTS

MARCH 26, 2019

Louis, Missouri; San Diego, California; Raleigh-Durham, North Carolina; Seattle, Washington; Portland, Oregon; San Antonio, Texas; Nashville, Tennessee; Las Vegas, Nevada; New Orleans, Louisiana and Phoenix, Arizona. The new cities are Memphis, Tennessee; New York City, New York; Jacksonville, Florida; Dallas, Texas; St.

St. Louis

St. Louis Las Vegas San Antonio San Diego

IBM Finalizes Red Hat Acquisition

PYMNTS

JULY 9, 2019

It was also noted that IBM will keep Red Hat’s Raleigh, North Carolina headquarters along with its brands, facilities and practices. Jim Whitehurst, the CEO of Red Hat , along with his management team, will reportedly stay in place. Whitehurst will also become part of the senior management team at IBM and will report to Ginni Rometty.

North Carolina

North Carolina Raleigh Software Google

At credit unions, focus on customer experience reigns

Abrigo

DECEMBER 15, 2014

The Raleigh, North Carolina-based CU serves nearly two million members including state employees, public school employees and county employees, as well as their immediate families.

Customer Experience

Customer Experience North Carolina Raleigh Survey

SECU names its first female CEO

American Banker

JUNE 13, 2023

State Employees Credit Union in Raleigh, North Carolina, named Leigh Brady as its new chief executive. Outgoing CEO Jim Hayes will run State Department Federal Credit Union in Alexandria, Virginia.

North Carolina

North Carolina Raleigh Virginia Industry

FreshBooks Unveils Initiative To Link Accounting Professionals With SMBs

PYMNTS

JUNE 9, 2020

2 small business accounting software in America, is headquartered in Toronto, Canada and has offices in Raleigh, North Carolina as well as Amsterdam, Netherlands. Topics include “Building an Advisory-Based Practice,” “Curating Handcrafted Client Experiences” and “Cultivating Relationships with Creative Clients.”.

North Carolina

North Carolina Raleigh Software Training

AT&T Jumps On The 5G Bandwagon

PYMNTS

DECEMBER 5, 2018

Oklahoma City, New Orleans, Raleigh, N.C., The cities that will have the 5G technology available this year include Atlanta, Charlotte, N.C., Dallas, Houston, Indianapolis, Jacksonville, Fla., Louisville, Ky., San Antonio and Waco, Texas.

Las Vegas

Las Vegas San Antonio San Diego San Jose

Dollar General Moves Toward Convenience

PYMNTS

NOVEMBER 10, 2016

If all goes well, the company hopes to build another location in Raleigh, N.C. In early 2017 , Dollar General plans to open a smaller-concept convenience store in downtown Nashville, Tenn. The store will offer typical convenience store fare, including immediate-consumption items like soda fountains, coffee and prepackaged sandwiches.

Raleigh

Raleigh Nashville Retail Report

Verizon Plans Rollout Of 5G In 30 U.S. Cities In 2019

PYMNTS

FEBRUARY 21, 2019

As for AT&T, it reportedly launched 5G service in these cities: Houston, Texas; Dallas, Texas; Atlanta, Texas; Waco, Texas; Charlotte, North Carolina; Raleigh, North Carolina; Oklahoma City, Oklahoma; Jacksonville, Florida; Louisville, Kentucky; New Orleans, Louisiana; Indianapolis, Indiana and San Antonio, Texas.

North Carolina

North Carolina Las Vegas San Antonio Oklahoma City

Home Selling Platform Opendoor Seeks To Raise $200M

PYMNTS

FEBRUARY 15, 2019

markets as Atlanta, Raleigh-Durham and Dallas-Fort Worth. Owners sell their homes to Opendoor, which, in turn, helps buyers find the right home for them. Over 800,000 consumers reportedly toured the company’s homes last year. Knock, an Opendoor rival, operates in such U.S It has plans for more domestic expansion in the coming 12 months.

Fort Worth

Fort Worth Raleigh Delaware Dallas

UPS Takes Steps To Launch Drone Deliveries

PYMNTS

JULY 23, 2019

In March, UPS initiated the first FAA-sanctioned use of a drone as part of a delivery agreement at WakeMed’s flagship hospital and campus in Raleigh, N.C. The company currently operates drone healthcare deliveries in a specific use-case under FAA Part 107 rules.

Raleigh

Raleigh Operations Strategy Retail

UPS Teams With CVS For Drone Delivery Of Prescriptions

PYMNTS

NOVEMBER 5, 2019

UPSFF and Matternet have already completed more than 1,500 revenue-generating drone deliveries at WakeMed Hospital in Raleigh, N.C. since launching service there in March 2019. . Numerous companies are testing drone delivery to grow their omnichannel offerings and provide “store to door” on-demand service to their customers. .

Raleigh

Raleigh Google System Community

First Citizens is retaining SVB clients, but cites 'headwinds' to growth

American Banker

JANUARY 26, 2024

Ten months after the Raleigh, North Carolina, company acquired a large chunk of Silicon Valley Bank, it says it is seeing good progress in keeping and winning back the latter's former customers. But the ongoing slowdown in private equity and venture capital activity will challenge the unit's growth.

North Carolina

North Carolina Raleigh Capital Company

Lowes And b8ta Collaborate On Smart-Home Shopping

PYMNTS

NOVEMBER 8, 2017

markets, including New York City, San Francisco, Los Angeles, Dallas, Philadelphia, Boston, Miami, Tampa, Raleigh, Charlotte and Washington, D.C. Smart Home powered by b8ta is available in select major U.S.

Los Angeles

Los Angeles San Francisco Raleigh New York City

Carvana Opens Largest Car Vending Machine In Tempe

PYMNTS

JUNE 20, 2018

Raleigh (N.C.), It’s the third Car Vending Machine launch in June, with Tempe the 12th location for the vending machines. Tempe joins 11 other cities that have Carvana vending machines, including Houston, Austin, San Antonio, Dallas, Nashville (Tenn.), Charlotte (N.C.), Jacksonville (Fla.), Tampa (Fla.), Orlando (Fla.) and Washington, D.C.

San Antonio

San Antonio Metro Raleigh Jacksonville

Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

MARCH 15, 2019

As for AT&T, it reportedly launched 5G service in these cities: Houston, Texas; Dallas, Texas; Atlanta, Texas; Waco, Texas; Charlotte, North Carolina; Raleigh, North Carolina; Oklahoma City, Oklahoma; Jacksonville, Florida; Louisville, Kentucky; New Orleans, Louisiana; Indianapolis, Indiana and San Antonio, Texas.

Mobile

Mobile Indianapolis North Carolina Minneapolis

Carvana Brings Car Vending Machine To Tampa

PYMNTS

MARCH 29, 2018

Carvana already has car vending machines in cities such as Houston, Nashville and Raleigh. The machine is eight stories tall and holds up to 32 vehicles, the company said in an announcement. The machine is the eighth of its kind in the U.S. Alternatively, customers can opt to have their cars delivered.

Tampa

Tampa Raleigh Nashville Houston

Relias Teams Up For Healthcare Payroll, Workforce Management

PYMNTS

AUGUST 17, 2018

Partnering with DATIS HR Cloud is another way we fulfill that promise, and we are delighted that they will be joining us in Raleigh this fall for Impact Nation 2018.”.

Management

Management Raleigh User Experience National

And Then There Were 20 — The Amazon HQ2 Finalists

PYMNTS

JANUARY 18, 2018

Raleigh, North Carolina. Montgomery County, Maryland. Nashville, Tennessee. Newark, New Jersey. New York City, New York. Northern Virginia, Virginia. Philadelphia, Pennsylvania. Pittsburgh, Pennsylvania. Toronto, Ontario. Washington, D.C.

Columbus

Columbus Los Angeles North Carolina New York

Yum! Brands On How Delivery, Digital And Takeout Are Their Future

PYMNTS

OCTOBER 31, 2018

“This quarter, we celebrated openings in New York, Chicago and Raleigh, and look forward to more high-profile openings later this year, including our first company cantina in Manhattan. So, stay tuned.”.

Branding

Branding Raleigh Chicago New York

Amazon Expands Amazon Home Services To Twenty New Metro Areas

PYMNTS

NOVEMBER 15, 2016

In a press release , the eCommerce giant said the new cities include Indianapolis, IN; Las Vegas, NV; San Antonio, TX; Ann Arbor, MI; Cleveland, OH; Milwaukee, WI; Boulder, CO; Raleigh, NC; Trenton, NJ; and more. Amazon Home Services provides users with professionals for a slew of services that give upfront pricing.

Metro

Metro Las Vegas San Antonio NV

Bringing The Video Store Back In The Age Of Netflix

PYMNTS

JANUARY 9, 2018

But the Alamo — in its latest location in Raleigh, North Carolina — is betting that a little nostalgia can go a long way when it comes to entertainment and has thus decided to build the city’s “newest (and only) video rental store.”. “It VHS is still the only way to see hundreds of forgotten genre movies.”. Will the dream ever be a reality?

Video

Video Raleigh North Carolina social media

Are Consumers Ready To Buy And Sell Homes Online?

PYMNTS

JANUARY 18, 2019

markets as Atlanta, Charlotte, Dallas-Fort Worth and Raleigh-Durham, and has plans for more domestic expansion in the coming 12 months. Home Marketplaces. Knock operates in such U.S

Online

Online Fort Worth North Carolina Millennials

Lowe’s And Microsoft Partner To Expand In-Store AR

PYMNTS

SEPTEMBER 28, 2016

Lowe’s stores in Seattle and Raleigh, NC, were the first two testing zones for the HoloLens. But from small acorns big trees grow, and Microsoft CEO Satya Nadella noted that this small pilot could be the beginning of big things when it comes to home improvement shopping. Customers were able to use it to help them design a new kitchen.

Raleigh

Raleigh Seattle Retail Trends

What’s The Reward For Early 5G Deployment? Asia Will Soon Find Out

PYMNTS

JANUARY 9, 2019

Right before Christmas, AT&T reportedly launched 5G service in these cities: Houston, Texas; Dallas, Texas; Atlanta, Texas; Waco, Texas; Charlotte, North Carolina; Raleigh, North Carolina; Oklahoma City, Oklahoma; Jacksonville, Florida; Louisville, Kentucky; New Orleans, Louisiana; Indianapolis, Indiana and San Antonio, Texas.

Las Vegas

Las Vegas Los Angeles North Carolina Indianapolis

First Citizens gets earnings lift from SVB clients returning to the fold

American Banker

JULY 25, 2024

The Raleigh, North Carolina-based bank grew loans and deposits in the second quarter as it won back business from former customers of the failed Silicon Valley Bank. First Citizens bought the remains of SVB last spring.

North Carolina

North Carolina Raleigh Capital Lending

Listen: How FIs can improve CX through site search personalization

BankInovation

NOVEMBER 22, 2022

Raleigh, N.C.-based based First Citizens Bank is leveraging the services of a fintech to offer search personalization and improve the customer experience. The $108 billion bank has a search bar in the middle of its homepage for easy navigation.

Raleigh

Raleigh Customer Experience Fintech

First Citizens misses expectations, SVB business muted

American Banker

OCTOBER 24, 2024

The Raleigh, North Carolina-based bank lowered full-year guidance for 2024. Costly deposits are outpacing its yield on loans amid tepid borrowing demand.

North Carolina

North Carolina Raleigh Capital Lending

b8ta Brings Smart Home Smarts To Lowe’s Via Mini-Stores

PYMNTS

NOVEMBER 13, 2017

markets, including New York City, San Francisco, Los Angeles, Dallas, Philadelphia, Boston, Miami, Tampa, Raleigh, Charlotte and Washington, D.C. “We’re here to help them discover and continue to build our relationship with them so they continue to come back to us.”. Smart Home Powered by b8ta” is available in select major U.S.

Los Angeles

Los Angeles San Francisco Raleigh New York City

Carvana And Its Discontents

PYMNTS

AUGUST 27, 2018

cities: Tempe (Arizona), Houston, Austin, San Antonio, Dallas, Nashville (Tennessee), Raleigh (North Carolina), Charlotte (North Carolina), Jacksonville (Florida), Tampa (Florida), Orlando (Florida) and Washington, D.C. Standing nine stories high and built out of gleaming glass, it holds over 30 vehicles.

North Carolina

North Carolina San Antonio Florida Raleigh

5G, Biometrics Lead The Way At Mobile World Congress

PYMNTS

MARCH 1, 2019

As for AT&T, it reportedly launched 5G service in these cities: Houston, Texas; Dallas, Texas; Atlanta, Texas; Waco, Texas; Charlotte, North Carolina; Raleigh, North Carolina; Oklahoma City, Oklahoma; Jacksonville, Florida; Louisville, Kentucky; New Orleans, Louisiana; Indianapolis, Indiana and San Antonio, Texas. Tech Convergence.

Mobile

Mobile North Carolina Texas Conference

First Citizens predicts fewer Fed rate cuts will boost interest income

American Banker

APRIL 25, 2024

Shares of the Raleigh, North Carolina bank, which bought Silicon Valley Bank last year, rose 7.8% on Thursday morning.

North Carolina

North Carolina Raleigh

Paragon Commercial in N.C. Files for $29 Million IPO

American Banker

MAY 27, 2016

Paragon Commercial could raise up to $29 million when the Raleigh, N.C., company conducts its initial public offering.

Raleigh

Raleigh Company Community Bank Capital

First Citizens in N.C. Terminates Five Loss-Share Agreements

American Banker

JUNE 20, 2016

First Citizens BancShares in Raleigh, N.C., has terminated five of its nine loss-share agreements with the Federal Deposit Insurance Corp.

Raleigh

Raleigh FDIC Regional National

First Citizens reels in profits as loans and deposits grow

American Banker

JANUARY 24, 2025

The Raleigh, North Carolina-based company reported a double-digit increase in net income for the fourth quarter and continues to see upside in its Silicon Valley Bank unit.

North Carolina

North Carolina Raleigh Report Company

Back to in-person events (for now) and loving it!

Abrigo CEO Wayne Roberts announces retirement

Webinars

Trending Sources

First Citizens, CIT Group Merger Will Create $100B Bank

Webinars

Uber Connect Expands For Holiday Package Delivery

State Employees’ Credit Union in Raleigh names next CEO

Silicon Valley Is Losing Its Luster With Millennials

ALDI Expands Online Grocery Delivery To All US Stores

Growing a new branch

PayRails Expands Credit Union Collaboration Initiative

Integrated Financial finds new buyer in Capital Bancorp

Uber Expands ‘Ride Pass’ Monthly Subscription

IBM Finalizes Red Hat Acquisition

At credit unions, focus on customer experience reigns

SECU names its first female CEO

FreshBooks Unveils Initiative To Link Accounting Professionals With SMBs

AT&T Jumps On The 5G Bandwagon

Dollar General Moves Toward Convenience

Verizon Plans Rollout Of 5G In 30 U.S. Cities In 2019

Home Selling Platform Opendoor Seeks To Raise $200M

UPS Takes Steps To Launch Drone Deliveries

UPS Teams With CVS For Drone Delivery Of Prescriptions

First Citizens is retaining SVB clients, but cites 'headwinds' to growth

Lowes And b8ta Collaborate On Smart-Home Shopping

Carvana Opens Largest Car Vending Machine In Tempe

Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

Carvana Brings Car Vending Machine To Tampa

Relias Teams Up For Healthcare Payroll, Workforce Management

And Then There Were 20 — The Amazon HQ2 Finalists

Yum! Brands On How Delivery, Digital And Takeout Are Their Future

Amazon Expands Amazon Home Services To Twenty New Metro Areas

Bringing The Video Store Back In The Age Of Netflix

Are Consumers Ready To Buy And Sell Homes Online?

Lowe’s And Microsoft Partner To Expand In-Store AR

What’s The Reward For Early 5G Deployment? Asia Will Soon Find Out

First Citizens gets earnings lift from SVB clients returning to the fold

Listen: How FIs can improve CX through site search personalization

First Citizens misses expectations, SVB business muted

b8ta Brings Smart Home Smarts To Lowe’s Via Mini-Stores

Carvana And Its Discontents

5G, Biometrics Lead The Way At Mobile World Congress

First Citizens predicts fewer Fed rate cuts will boost interest income

Paragon Commercial in N.C. Files for $29 Million IPO

First Citizens in N.C. Terminates Five Loss-Share Agreements

First Citizens reels in profits as loans and deposits grow

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