trending Market Intelligence /marketintelligence/en/news-insights/trending/wj2wyewgd-f_xutuqmqoda2 content esgSubNav
In This List

Report: Group plans NC de novo

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Report: Group plans NC de novo

A dozen business leaders in North Carolina are "evaluating the possibility" of opening the state's first de novo bank since 2009, American Banker reported Feb. 14.

The group, which is led by David Cuthbertson, has hired Randy Helton, former CEO of American Community Bancshares Inc. Helton told the Banker American Community had been the area's "last locally owned bank."

The investors have yet to disclose the name of the planned bank, but they expect to establish it in Monroe, N.C.