Banking & Finance

Sep 9, 2021

A large Triad accounting firm has made a calculated move to the coast.   Greensboro-based firm Bernard Robinson & Co. LLP (BRC) recently opened an office in Wilmington, the firm announced in a news release.   “BRC has been strategically looking at many new markets over the past year including several where BRC already has a sizable client base,&rdqu ...

Sep 3, 2021

Corning Credit Union, which has an established presence in the Wilmington market, will soon extend its footprint into neighboring Horry County, South Carolina.   The Corning, New York-based credit union announced recently it will open two service centers in the Myrtle Beach area in early 2022. Exact locations will be identified in the coming months, according to a n ...

Sep 3, 2021

Seahawk Innovation Helps Startups Fly

By Jenny Callison, posted Sep 3, 2021

An engine for entrepreneurial growth has been chugging away quietly for the past eight years in University of North Carolina Wilmington’s Center for Innovation and Entrepreneurship. Seahawk Innovation, which both invests in and nurtures ventures, is fueled by university research and expertise, outside technologies and a variety of funding sources.   “Par ...

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Can You Do Well By Doing Good?

Posted Aug 10, 2021
In this article, I’m going to switch up a bit from what I typically write for the Greater Wilmington Biz Journal. Please bear with me!
 
I’m a lawyer and an insurance broker. Yes, there are plenty of jokes that I’ve heard (and made) about both professions, but on any given day of the week, folks reach out to me and ask for help with their businesses and their l...read entire article
Sep 3, 2021

National Mortgage Lender Opens Wilmington Location

By Jenny Callison, posted Sep 3, 2021

Planet Home Lending LLC, with branches in 21 states, has opened its first North Carolina office at 1608 Queen St. The branch is headed by Dawn Bailey. She is joined by mortgage loan originator Heather House and loan originator assistant Jennifer Roper.   “Planet Home Lending is a great fit for Eastern Carolina because we offer personalized service instead o ...

Sep 3, 2021

PNC Brings Together Wealth Advisory Services

By Jenny Callison, posted Sep 3, 2021

Newly branded PNC Private Bank will bring all segments of the financial institution’s personal wealth businesses under one umbrella, PNC officials announced in August. To do so, the institution is making investments in talent and technology and expanding local delivery of personal wealth products and services throughout PNC’s geographic footprint.   & ...

Sep 2, 2021

Strong sales both in the U.S. and abroad drove higher earnings for nCino’s second quarter, according to the Wilmington banking software’s Sept. 1 earnings report. The quarter ended July 31 of this year. Total revenues for the second quarter of nCino’s 2022 fiscal year were $66.5 million, a 36% increase from $48.8 million in the second quarter of fiscal ...

Aug 24, 2021

Former Wilmington BB&T Executive Announces Retirement

By Jenny Callison, posted Aug 24, 2021

After a 36-year career at BB&T, which has now become Truist, Phil Marion has announced his retirement. He will leave the bank Sept. 30, officials stated.   Currently, Marion serves as regional president of Truist’s N.C. Southeast Region, headquartered in Whiteville. He assumed that role for BB&T in November 2012, leaving his position as city executive ...

Aug 6, 2021

Mortgage Broker Aids Family Of 10

By Jenny Callison, posted Aug 6, 2021

A Wilmington mortgage broker helped ring the closing bell at the New York Stock Exchange on July 21 as part of an industry celebration. Patrick Stoy, founder and president of MC Mortgage Group in Wilmington, was one of numerous independent brokers honored on National Mortgage Brokers Day by United Wholesale Mortgage, a prominent wholesale and purchase lender. He was rec ...

Aug 6, 2021

Live Oak Bancshares Reports On Investments

By Jenny Callison, posted Aug 6, 2021

Live Oak Bancshares’ investments in financial technology companies is paying off, according to company President Neil Underwood, who oversees the company’s investment arm.   “The entire portfolio continues to thrive,” Underwood said during Live Oak’s second-quarter earnings call July 22. “Each of these companies solves a major pro ...

Aug 6, 2021

Firm Becomes RIA, Opens Port City Office

By Jenny Callison, posted Aug 6, 2021

Dominion Wealth Management LLC has become an independent Registered Investment Advisor (RIA), the firm announced in early July.   “With this launch, Dominion aims to create a one-of-a-kind wealth management experience by providing unbiased financial advice, cutting-edge technology, and the widest range of investment options available to their clients,” o ...

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