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Banking & Finance

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, ...

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Marine Biotechnology in North Carolina (MARBIONC)

Workshop Links Regional Seafood Startups With Global Resources

Posted Apr 10, 2017
Encouraging collaboration between scientists and business has always been a prime mission at the MARBIONC Center. We were pleased to recently host an event aimed specifically at small start-ups in the seafood and aquaculture industries, which of course ties in directly with our marine science research.

The Fish 2.0 organization’s first regional workshop in the southeastern Uni...read entire article
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 ...

Mar 24, 2017

Mortgage Market Gets Brisk Start This Year

Bill Jones recently said he was “busier than I ever have been.” Bill Scott said that moderately priced homes were moving so quickly that some of his clients must make offers for several ho ...

Feb 24, 2017

NCino Reports Product Expansion, Company Growth

Wilmington-based software company nCino is continuing to grow and add new features to its Bank Operating System, including an automated loan decision tool. Its new Loan Auto Decision enables the co ...

Feb 24, 2017

Live Oak Reports Q4 Results

Live Oak Bancshares Inc. ended 2016 with its highest-ever quarterly loan production, CEO Chip Mahan said in the company’s Jan. 25 report to investors. The company, parent of Live Oak Bank, re ...

Feb 17, 2017

Sound Bank Announces Merger With Raleigh-based Bank Company

Sound Bank, with one location in Wilmington, announced merger plans Friday.   The Morehead City-based bank announced that it has signed a definitive merger agreement with West Town Bancorp Inc. ...

Jan 27, 2017

New Administration, New Industry Changes?

With the advent of a new year and a new federal administration, what is on the minds of financial advisers and bankers regarding changes 2017 could bring? One adviser and five bankers from the area sh ...

Jan 27, 2017

NHRMC Named Among Top Bariatric Surgery Spots

The 2017 Women’s Choice Award recognized New Hanover Regional Medical Center as one of the best hospitals nationally for bariatric surgery, according to a release from the hospital. “Th ...


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In The Current Issue

Is Cape Fear Ready For Its Close-Up?

As the Wells Fargo Championship golf tournament in May nears, Wilmington-area businesses, transportation officials and tourism officials are putting the final touches on details to get ready for thousands of visitors.

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 re...

Counting The Days On Home Sales

Competition continues to heat up in the local housing market, trends that have led to ongoing drops in a statistic Realtors watch – days on ...

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With Downtown Store, Memory Lane Comics Turns A New Page

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Wilmington's Most Intriguing People of 2016
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