CLEMMONS, N.C., Nov. 1, 2012 /PRNewswire/ – Sheffield Financial, a division of BB&T Financial, FSB, which is a subsidiary of BB&T Corporation (NYSE: BBT), has signed a three-year installment financing services agreement with The Toro Company (NYSE: TTC), effective immediately. The Toro Company supports a variety of customer financing options and has agreed to endorse Sheffield […]
Significantly expands and enhances Sterling’s government guaranteed lending and servicing capabilities SPOKANE, Wash. October 22, 2012 — (BUSINESS WIRE)– Sterling Financial Corporation (NASDAQ:STSA) (the “Company”) and American Heritage Holdings (“AHH”) today announced that the Company and its principal operating subsidiary, Sterling Savings Bank (“Sterling”), have entered into a definitive agreement to acquire AHH, the holding company for Borrego Springs […]
CHARLOTTE, N.C., Oct. 10, 2012 (GLOBE NEWSWIRE) — Park Sterling Corporation (Nasdaq:PSTB), the holding company for Park Sterling Bank, today announced that as a part of its October 1, 2012 merger with Citizens South Banking Corporation, Citizens South Bank has merged with and into Park Sterling Bank. Citizens South Bank's 21 branch locations in North […]
ATLANTA, Oct. 4, 2012 /PRNewswire/ — SunTrust Banks, Inc. (NYSE: STI) and GenSpring Family Offices today announced that Thomas M. Carroll has been named Chief Executive Officer of GenSpring Family Offices, SunTrust’s multi-family office affiliate providing independent advice to families of substantial wealth. He succeeds Maria Elena (Mel) Lagomasino who has announced plans to leave […]
CORAL GABLES, Fla., Oct. 1, 2012 (GLOBE NEWSWIRE) — Capital Bank Financial Corp. (CBF) (“Capital Bank Financial”), formerly known as North American Financial Holdings, Inc., a North Carolina-based national bank holding company, today announced the completion of its acquisition of Southern Community Financial Corporation (SCMF) (“Southern Community”), through the merger of Southern Community with a […]
Branches Expand Bank’s Footprint in the Dynamic Triangle Market THOMASVILLE, N.C., Sept. 21, 2012 /PRNewswire/ — Bank of North Carolina, a subsidiary of BNC Bancorp (NASDAQ:BNCN), today closed its purchase of two branches of Gateway Bank & Trust Company (“Gateway”) located in Cary and Chapel Hill, North Carolina, which were owned and operated by The […]
HIGH POINT, N.C., Sept. 14, 2012 /PRNewswire/ – BNC Bancorp (Nasdaq: BNCN) ("BNC") today closed its acquisition of KeySource Financial, Inc. ("KeySource"), thereby expanding and enhancing the BNC franchise in the attractive Raleigh-Durham market. BNC previously announced its plan to acquire all the capital stock of KeySource on December 21, 2011. KeySource currently has assets of $183 million, loans of $140 million and more […]
NEW YORK–(BUSINESS WIRE)–Jul. 16, 2012– Loews Corporation (NYSE: L) today announced the appointment of Mary Skafidas as Vice President, Investor and Public Relations. Ms. Skafidas will be responsible for the investor, media, corporate marketing and communications activities of Loews. She joined Loews in January 2012 as the head of investor relations and will now also […]
July 10, 2012 – RALEIGH, N.C. – First Citizens Bank announced today that Dede Ramoneda has joined the company as Chief Information Officer (CIO). With more than 30 years of technology experience, Ramoneda comes to First Citizens from Progress Energy in Raleigh, North Carolina, where she served as CIO and vice president of information technology […]
BLUEFIELD, Va., March 1, 2012 (GLOBE NEWSWIRE) — First Community Bancshares, Inc. (Nasdaq:FCBC) (www.fcbinc.com) and Peoples Bank of Virginia jointly announced today the signing of a definitive merger agreement under which First Community will acquire Peoples for a total valuation of approximately $40.6 million. Peoples Bank of Virginia was established in 2002, operates four branches […]