Banking & Finance

Jun 15, 2018

Millennials And Money

By Jenny Callison, posted Jun 15, 2018

The age demographic that now represents the largest percentage of the workforce doesn’t feel confident about its saving and investing habits. That’s the conclusion of PNC Investments’ Millennials & Investing Survey.   Respondents, who were ages 21 to 35 with investable assets of $5,000 or more or those who had a qualified retirement plan and at ...

Jun 15, 2018

Banks Respond To Dodd-Frank Changes

By Jenny Callison, posted Jun 15, 2018

Just how will the much-trumpeted recent changes to the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act affect local financial institutions?   Signed into law by President Donald Trump in late May, the Economic Growth, Regulatory Relief and Consumer Protection Act rolls back regulations on most banks – regulations put in place in response to the ...

May 23, 2018

Live Oak Bank Launches Franchise Restaurant Lending Vertical

By Jenny Callison, posted May 23, 2018

Live Oak Bank is geared up and ready to begin lending in its newest industry: franchise restaurants. In an announcement Tuesday, the bank said that this new lending team, led by general manager Lew Woodbury, will consider loans to franchise operations from quick service and fast-casual to full-service dining, from small-scale franchisees to owners of large networks. &ld ...

Ico insights

INSIGHTS

SPONSORS' CONTENT
20180514 104209 51418120638

Steve Adams
School of Learning Arts

What is SOLA?

Posted May 22, 2018

One of the biggest questions I’m often asked by parents is, “What does SOLA mean?”

The truth is, SOLA – or School of Learning Arts – encompasses so much more than just the arts. And it’s not just a school. In fact, I wish I could come up with a different name for preschool. To be absolutely honest here, I wish I could come up with another name for s...read entire article

May 18, 2018

Aquesta Bank Earnings Sharply On The Rise

By Jenny Callison, posted May 18, 2018

Aquesta Bank Holdings announced that its earnings for the first quarter showed a 53 percent jump from those of the same quarter in 2017. In an announcement April 24, the Cornelius, North Carolina-based company stated that net income for Q1 of 2018 was $702,000 - $.18 per share – compared with net earnings of $460,000 - $.11 per share – a year ago.   &ldq ...

May 18, 2018

Student Loan Debt Still A Concern

By Jenny Callison, posted May 18, 2018

It might come as a surprise, but one of the hottest topics at the annual convention of the National Association of Consumer Bankruptcy Attorneys (NACBA) was student loan debt.   There are a couple of reasons for that, said Richard Cook, a board-certified bankruptcy attorney and owner of Cape Fear Debt Relief in Wilmington. One reason: student loan debt is one of two ...

May 18, 2018

Broadhurst Appointed To State Commission

By Jenny Callison, posted May 18, 2018

Spence Broadhurst, president of the Eastern North Carolina Region for First National Bank, and former Wilmington mayor, was recently appointed to the N.C. Banking Commission by Gov. Roy Cooper, according to a news release. He will serve on the commission as a Practical Banker.   Broadhurst has served on the N.C. A&T State University Board of Trustees, the Wilmin ...

May 18, 2018

Changes are here or on the way to Coldwell Banker Sea Coast Advantage offices in Oak Island, Hampstead and Carolina Beach. The company is demolishing its offices in Oak Island and Hampstead, with a new 2,650-square-foot building (pictured below) going up in the Brunswick County beach town of Oak Island and a 12,700-square-foot building replacing thre ...

May 16, 2018

As Corning Credit Union broke ground Wednesday morning on its new regional headquarters in Wilmington, a CCU spokeswoman also confirmed that the facility is not the credit union’s only evidence of growth in the market. “We’re working on a service center located in Hampstead,” Stephanie Carl said Wednesday, explaining that the center represents a ...

May 4, 2018

Banking Firm Continues To Grow

By Jenny Callison, posted May 4, 2018

Coastal residents know about live oaks: they are slow growing but, over time, produce a magnificent canopy.   Wilmington’s own Live Oak has grown much faster than its namesake. It sprouted in 2008 as a bank focused on making SBA loans within select industries and has spread its lending programs as well as its deposit products. Ten years in, its parent, Live Oa ...

May 2, 2018

Fintech Firm Shows Off New Downtown Wilmington Space

By Jenny Callison, posted May 2, 2018

Live Oak Bancshares' new joint venture company, Apiture, a a recent addition to the downtown Wilmington business community, invited members of that community to visit its new space on Wednesday. Apiture president Chris Cox said the firm currently has more than 50 employees in its 12,697 square feet of office space atop the Bank of America building on North Third Str ...

Ico insights

INSIGHTS

SPONSORS' CONTENT
Burrus rob headshot 300x300

The Ultimate Professional Development Cheat Sheet for Organizations

Robert Burrus - Cameron School of Business - UNC-Wilmington
Martyheadshot

Are You Ready for GDPR?

Marty Cayton - TeamLogic IT of Wilmington & Fayetteville
Nealjohnson 12191614553

Hot Neighborhoods in Carolina Beach

Neal Johnson - Network Real Estate

Trending News

Mall Redevelopment Plans Show Grocery Store For Sears Space

Cece Nunn - Jun 14, 2018

City, County Plan To Buy Echo Farms Facilities, Open Space For $1.7M

Cece Nunn - Jun 13, 2018

Local Restaurant Leaders Dish About The Restaurant Business

Jessica Maurer - Jun 13, 2018

Mad Mole Brewing Now Open

Jessica Maurer - Jun 13, 2018

At Annual Conference, Economic Developers Say CCX Talks Are Ongoing

Christina Haley O'Neal - Jun 13, 2018

In The Current Issue

Labor Market Checkup

The demand for health care workers in an area like the Cape Fear region is expected to remain healthy for years to come, experts say....


Berry Farms Weather The Ups And Downs

The weather might have made the 2018 growing season challenging for local berry farmers thus far, but it has not slowed demand for straight-...


Construction Zone: Updates On 4 Commercial Projects

Current commercial building activity in Wilmington includes retail and office space, with more planned in the coming years throughout the ar...

Book On Business

The 2018 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2018 Power Breakfast: The Main Event
2018 WilmingtonBiz Expo - Keynote Lunch with Eric Dinenberg, Rouse Properties
2017 Health Care Heroes