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Banking & Finance

May 19, 2017

Tidewater Brings Investments Dollars To Area

There’s a new kid on Wilmington’s venture capital block. Tidewater Equity Partners opened its headquarters here earlier this month after launching last September in Raleigh. W. Merrette Mo ...

May 19, 2017

Merger To Boost South State Bank

South State Bank will expand its local presence later this year when an announced merger with Park Sterling Bank becomes final. The merger’s impact in the market that encompasses Brunswick, N ...

May 10, 2017

Live Oak Announces Joint Venture On Digital Banking Services

Live Oak Bancshares Inc. is branching out again.   The Wilmington-based parent of Live Oak Bank announced that it is entering into a joint venture with payments firm First Data.   The go ...

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New Hanover County Government

Public Safety Was Paramount During Golf Tournament

Posted May 19, 2017
The Wells Fargo Championship in New Hanover County was an overwhelming success. Around 25,000 spectators descended on Eagle Point Golf Club each day during the first week of May. The economic impact – ranging from hotel stays and local vendors to restaurants and area non-profits – was a boon for our region.

The week went smoothly with limited traffic problems, and that i...read entire article
May 9, 2017

Tidewater Equity Partners Opens Wilmington HQ

An investment firm launched last September in Raleigh on Tuesday officially announced the opening of its headquarters in Wilmington.   Tidewater Equity Partners will focus on small company dire ...

May 1, 2017

New Verticals, Products Helped Bolster Live Oak’s First Quarter

Live Oak Bancshares officials have announced what they regard as successful results for the first quarter of calendar 2017.   The Wilmington-based company, parent of Live Oak Bank, logged first ...

Apr 27, 2017

South State, Park Sterling Banks Announce Merger

Two banking companies with a presence in the Wilmington market announced Thursday the signing of a definitive merger agreement. South State Corp., based in Columbia, South Carolina, plans to merge ...

Apr 21, 2017

Inside Live Oak Bank’s Leadership Change

The hiring of career banker Scott Custer as Live Oak Bank’s new president is part of the bank’s ambitious plans for growth, chairman and CEO James “Chip” Mahan said. Bringin ...

Apr 21, 2017

Crescom Holds Opening Event For Downtown Branch

Local officials joined CresCom Bank leadership and bank customers at the official opening of the bank’s downtown Wilmington branch at 115 N. Third St. The branch has been operating since Decembe ...

Apr 21, 2017

Post-Merger, F.N.B. Moves Into Wilmington Market

With the mid-March completion of the Yadkin Financial Corp.-F.N.B. Corp. merger, Yadkin Bank locations in the area are being converted to reflect the new bank identity. The newly constituted bank, ...

Apr 3, 2017

Custer Joins Live Oak Bank As President

A career North Carolina banking executive has been named Live Oak Bank’s new president, according to an announcement Monday from the Wilmington-based bank.   Scott Custer will replace Nei ...


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In The Current Issue

Back To Budget

Finding money to accomplish local goals remains at the top of the list for state legislators who represent the Cape Fear region. More than three months after the long session began in January, the latest and largest effort currently is tackling the state budget.

Wilmington Health CEO Talks Pharma

Pharmaceutical manufacturer Pfizer recently asked Wilmington Health CEO Jeff James to participate with other health care industry representa...

Service, Niche Retailers On Rise

New retail development on the way to the Cape Fear region is increasingly being leased by service and niche retailers as others find ways to...

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