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Yadkin Financial
Yadkin Financial Corporation was a bank holding company and the parent of Yadkin Bank, a defunct regional bank with $7.3 billion in assets and 110 branches in North and South Carolina before the 2017 purchase by FNB Corporation of Pittsburgh. The bank was headquartered in Elkin, North Carolina. On July 4, 2014, Yadkin Financial and VantageSouth Bancshares Inc. completed a merger which resulted in the largest community bank based in North Carolina, and the fourth-largest bank headquartered in the state, with $4 billion in assets and $3.2 billion in deposits. The company was headquartered in Raleigh, North Carolina with banking operations based in Statesville, North Carolina. History of Yadkin Bank The original bank was opened in 1968. However, in three years Yadkin Valley Bank grew significantly by the acquisition of two other regional banks (Main Street Bankshares, Inc. in June 2002, operating as "Piedmont Bank", and High Country Financial Corporation in January 2004, operating as ...
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North Carolina
North Carolina () is a state in the Southeastern region of the United States. The state is the 28th largest and 9th-most populous of the United States. It is bordered by Virginia to the north, the Atlantic Ocean to the east, Georgia and South Carolina to the south, and Tennessee to the west. In the 2020 census, the state had a population of 10,439,388. Raleigh is the state's capital and Charlotte is its largest city. The Charlotte metropolitan area, with a population of 2,595,027 in 2020, is the most-populous metropolitan area in North Carolina, the 21st-most populous in the United States, and the largest banking center in the nation after New York City. The Raleigh-Durham-Cary combined statistical area is the second-largest metropolitan area in the state and 32nd-most populous in the United States, with a population of 2,043,867 in 2020, and is home to the largest research park in the United States, Research Triangle Park. The earliest evidence of human occupation i ...
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Salisbury, North Carolina
Salisbury is a city in the Piedmont region of North Carolina, United States; it has been the county seat of Rowan County since 1753 when its territory extended to the Mississippi River. Located northeast of Charlotte and within its metropolitan area, the town has attracted a growing population. The 2020 census shows 35,580 residents. Salisbury is the oldest continually populated colonial town in the western region of North Carolina. It is noted for its historic preservation, with five Local Historic Districts and ten National Register Historic Districts. Soft drink producer Cheerwine and regional supermarket Food Lion are located in Salisbury and Rack Room Shoes was founded there. History In 1753 an appointed Anglo-European trustee for Rowan County was directed to enter of land for a County Seat, and public buildings were erected. The deed is dated February 11, 1755, when John Carteret, 2nd Earl Granville conveyed for the "Salisbury Township". The settlement was buil ...
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Banks Established In 1968
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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American Companies Established In 1968
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * Ba ...
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Surry County, North Carolina
Surry County is a county located in the U.S. state of North Carolina. As of the 2020 census, the population was 71,359. Its county seat is Dobson, and its largest city is Mount Airy. Surry county comprises the Mount Airy, NC Micropolitan Statistical Area, which is also included in the Greensboro-Winston-Salem- High Point, NC Combined Statistical Area. History The county was formed in 1771 from Rowan County as part of the British Province of North Carolina. It was named for the county of Surrey in England, birthplace of William Tryon, Governor of North Carolina from 1765 to 1771. In 1777 parts of Surry County and Washington District (now Washington County, Tennessee) were combined to form Wilkes County. The first permanent courthouse was established at Richmond in 1779, what is now the modern-day Old Richmond Township in Forsyth County near Donnaha. However, in 1789 the eastern half of Surry County became Stokes County, thus making the Richmond site unusable for eith ...
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Banks Based In North Carolina
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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GlobeNewswire
GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe. GlobeNewswire was a Nasdaq, Inc. subsidiary from September 2006 until April 2018 when West Corporation (now Intrado) acquired the Public Relations Solutions and Digital Media Services Businesses, including GlobeNewswire, from Nasdaq. Formerly known as PrimeNewswire, the company changed its name to GlobeNewswire in 2008 to better reflect its international scope. Operations They deliver corporate press releases, financial disclosures and multimedia content to the media, investment community, individual investors and the public. In June 2018, GlobeNewswire introduced Media Snippets, providing the ability for organizations publishing press releases to embed a carousel of images, audio, video and live streaming into their press releases and web pages to tell a more complete brand story and increase engagement with media, investors and customers. In 2012, ...
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Piedmont Triad
The Piedmont Triad (or simply the Triad) is a metropolitan region in the north-central part of the U.S. state of North Carolina anchored by three cities: Greensboro, North Carolina, Greensboro, Winston-Salem, North Carolina, Winston-Salem, and High Point, North Carolina, High Point. This close group of cities lies in the Piedmont (United States), Piedmont geographical region of the United States and forms the basis of the Greensboro–Winston-Salem–High Point Combined Statistical Area. As of 2012, the Piedmont Triad has an estimated population of 1,611,243 making it the 33rd largest combined statistical area in the United States. The metropolitan area is connected by Interstates Interstate 40 in North Carolina, 40, Interstate 85 in North Carolina, 85, I-73, 73, and Interstate 74 in North Carolina, 74 and is served by the Piedmont Triad International Airport. Long known as one of the primary manufacturing and transportation hubs of the southeastern United States, the Triad is al ...
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NewBridge Bank
NewBridge Bank was a banking company based in Greensboro, North Carolina, with locations in North Carolina and Virginia. It no longer operates under that name. The company formed from the merger of Lexington State Bank and FNB Southeast in November 2007. NewBridge Bank was the banking subsidiary of NewBridge Bancorp (). NewBridge Bank had 44 branches, total assets of about $2.7 billion and total deposits of about $2 billion. Its branches were mainly centered on the North Carolina regions of the Piedmont Triad and the Lower Cape Fear. History Lexington State Bank Lexington State Bank (commonly known as "LSB") was founded in Lexington, North Carolina in 1949 by Dr. J. A. Smith, a physician, founder of Lexington Hospital, Chairman of the Lexington Utilities Commission, and two-term North Carolina Representative. Shares of the company were sold to citizens of Davidson County who were willing to buy them. The first banking office opened in uptown Lexington's Courthouse Square o ...
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Charlotte Business Journal
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes The Business Journals, which contains local business news for 44 markets in the United States, Hemmings Motor News, Street & Smith's Sports Business Daily, and Inside Lacrosse. The company is owned by Advance Publications. The company receives revenue from display advertising and classified advertising in its weekly newspaper and online advertising on its website and from a subscription business model. The bizjournals.com website contains local business news from various cities in the United States, along with an archive that contains more than 5 million business news articles published since 1996. As of August 2021, it receives over 3.6 million readers each week. History The company was founded in 1982 by Mike Russell with the launch of the Kansas City Business Journal. In 1985, the company became a public company via an initial public offering and ...
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Engelhard, North Carolina
Engelhard is a census-designated place (CDP) and fishing community in Lake Landing Township on the mainland of Hyde County, North Carolina, United States. It has access to Pamlico Sound. As of the 2010 census it had a population of 445. History Inkwell and Wynne's Folly are listed on the National Register of Historic Places. Geography Engelhard is in eastern Hyde County along U.S. Route 264, which leads northeast to Manteo and west to Belhaven. According to the U.S. Census Bureau, the CDP has a total area of , all land. The community is at the head of Far Creek, a small tidal inlet of Pamlico Sound. Demographics 2020 census As of the 2020 United States census, there were 374 people, 120 households, and 109 families residing in the CDP. Climate This region experiences hot and wet summers with rainy days. According to the Köppen Climate Classification system, Engelhard has a humid subtropical climate (Köppen ''Cfa''). There are cool winters during which intense ra ...
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