The Bank of North Carolina

In this article is a brief list and description of banks found in the state of North Carolina.

The Bank of North Carolina opened to customers in December 3, 1991 and has claimed to reach its greatest taste of success in 2006. What started out as a bank that has experienced turbulence on its first periods have grown into a successful banking institution, with branches opened in Archdale, Greensboro, Harrisburg, High Point, Kernervile, Lexington, Northern Davidson County, Dark Ridge, Salisbury and Thomasville. There are also loan centers located in Mooresville and Winston-Salem. Currently, the bank is led by Swope Montgomery.

The bank offers services that fit for individuals and businesses. Personal banking services include checking accounts, saving account, loans and credit, mortgages, investment service, college saving plans, insurance and other packaged services such as telephone banking, online banking, ATM cards, wire transfers, direct deposit and safe deposit boxes, Business banking services include deposit services (small business account, commercial banking, non-profit checking, commercial interest checking or money market account), information and control services, loans and credit, remote deposit capture, merchant services, insurance and packaged services including check card, online banking, business loans, real estate loans, equipment loans and vehicles lease.

Featured in Greensboro is its only locally owned community bank, the Carolina Bank which began operations in 1996 at the Friendly Shopping Center, known before as the Carolina Savings Bank. It started out as a savings bank and was immediately replaced into a commercial bank. The bank has grown immensely in a shot period of time, currently operating six banking locations in Greensboro (Friendly Center, Jefferson, Lawndale), Asheboro, High Point, and Burlington. The bank gained its greatest achievement in 2006 after surpassing $400 million in assets.

Personal banking service that Carolina Bank services include various checking accounts (smart choice banking, value checking, regular checking, club checking, premier checking etc), savings accounts for students and regular individuals, certificates of deposit, individual retirement account (IRA), loans (consumer loans, home loans, home equity line of credit, executive banker line of credit, overdraft protection account), and electronic banking. Business banking services include checking accounts (business checking, commercial checking, commercial sweep checking and non-profit checking), money market accounts, regular saving account and certificates of deposit. They also have mortgage banking services which include conventional fixed-rate and adjustable rate mortgages, home improvement, refinancing, jumbo financing, debt consolidation, balloon loans and fixed-rate interest-only loans.

Other recommended banks in the state include First-Citizens Bank & Trust Company, The Heritage Bank, Southern Bank and Trust Company, RBC Bank branches, Wood Forest National Bank, The Fidelity Bank and more.