Banking
Free will(s): Be an agent of your own destiny
May 20. Fifth Third will offer free wills to every customer, in partnership with Trust & Will, a leading digital estate planning platform. It means Fifth Third customers can access a secure, guided online experience to create a state-specific, attorney-approved will in less than hour. According to Trust & Will’s 2025 Estate Planning Report, which […]
United Bankshares reports record 1Q net income
April 28. United Bankshares, which has branches in Mooresville and Denver, reported earnings for the first quarter of 2025 of $84.3 million, or $0.59 per diluted share. The first quarter was highlighted by record net interest income, net interest margin expansion, resumption of share repurchases and the consummation of the previously announced acquisition of Atlanta-based […]
HomeTrust Bank, with a major branch in Cornelius, has new market president
April 3. Rob McCain is the new Charlotte market president for HomeTrust Bank which has a branch at 17065 Nat Bynum Lane in Cornelius. McCain will focus on increasing the bank’s presence in the market, with the primary responsibility of growing commercial and business revenue while working with team members across two offices. He will […]
Consumer debt: NC is 2nd best in terms of accounts in collection
Jan. 30. According to a WalletHub report, North Carolina scored second-best in a nationwide study based on the number of accounts that have gone into collection. Mississippi was in the best shape, debt-wise, while Wyoming was the worst. A collection account is a debt that has gone unpaid for such a long period of time […]
United Bankshares results
Jan. 28. United Bankshares, which has branches in Mooresville and Denver, reported earnings for the fourth quarter of 2024 of $94.4 million, or $0.69 per diluted share. Fourth quarter of 2024 results produced annualized returns on average assets, average equity, and average tangible equity, a non-GAAP measure, of 1.25%, 7.48%, and 12.03%, respectively. Earnings for the […]
United Bank announces earnings
Oct. 28. United Bankshares reported earnings for the third quarter of 2024 of $95.3 million, or $0.70 per diluted share. Third quarter of 2024 results produced annualized returns on average assets, average equity, and average tangible equity, a non-GAAP measure, of 1.28%, 7.72%, and 12.59%, respectively. Quotable “We are excited to announce this quarter’s earnings,” […]
Dave Cable awarded Order of the Long Leaf Pine
Oct. 2. Dave Cable has received the state’s most prestigious award for his service to the local community and North Carolina. It was given on behalf of Gov. Roy Cooper by NC Sen. Natasha Marcus at a surprise luncheon in Davidson. Quotable “This award means the world to me. Let me say how much I […]
New mortgage VP at Peoples
Sept. 17. Dennis Cowardin will become Vice President/Mortgage Sales Manager at Peoples Bank, upon the retirement of Kevin Brady in December 2024. Cowardin has previously served in high-level financial roles, successfully leading top-producing sales teams. He was the Mooresville-South Iredell Chamber of Commerce Citizen of the Year in 2016. Cowardin also co-founded the Falconer Foundation, […]
New manager at Peoples Bank in Huntersville
Aug. 16. Suzanne Hartley has joined Peoples Bank in Huntersville location as Business Center Manager. She began with Peoples Bank in 2015, serving in various service-oriented roles, becoming the Business Center Manager for the Mooresville location in January 2023.
New CEO at Peoples Bancorp
Aug. 1.Bill Cable will be the new president and CEO of Peoples Bancorp of North Carolina effective Sept. 19, in advance of the retirement of Lance Sellers in early 2025. Cable joined Peoples Bank in 1995 and has served in several executive positions including COO responsible for executing strategy across the organization. The Western Carolina […]
