Jan. 13. By Dave Yochum. What’s with all the new banks on West Catawba? Actually there were the same number of banks in Cornelius on June 30, 2022 as there were on June 30 the year before. Fourteen. Across those 14 banks in good old 28031, total deposits amounted to $1.487 billion. That was down […]
Aug. 3. By Dave Yochum. With Fifth Third Bank officially opening its “Next Gen” financial center on West Catawba today, there are now more than a dozen banks dividing up more than $1.35 billion of deposits in Cornelius. Fifth Third is the only one with two branches in Cornelius. Of course, Aquesta’s main branch is […]
May 25. Credit Karma, a personal finance technology company, will invest more than $13 million in a high-tech engineering hub in Charlotte, adding 600 new jobs. Credit Karma, a unit of Intuit, is a consumer technology platform best known for providing more than four billion free credit scores to consumers. The company has more than […]
April 2. By Dave Yochum. A new Fifth Third branch on West Catawba in Cornelius will have an entirely different banking experience from the traditional Fifth Third branch that will remain open just a mile away. It will be a “next-generation” branch, which means open spaces and no teller windows. Fifth Third says it will […]
Sept. 25. Aquesta Bank has received all regulatory approvals necessary to open a new branch in Mount Pleasant, just outside Charleston, SC. The new location, a former “big bank” branch, and open during the second quarter of 2021 after renovations. Aquesta opened in Cornelius in 2004. It now has eight full-service branch locations predominantly in […]
July 23. Mooresville-based blue harbor bank reported net income of $817,060 and $0.27 per diluted share for the second quarter of 2020, a 17% from the second quarter of 2019. For the six months ended June 30, the net income rose 17 percent to $1,516,150, up from $1,294,880 during the first six months in 2019. […]
Uwharrie Capital, parent company of Uwharrie Bank and Uwharrie Investment Advisors, will hold its annual meeting Tuesday, May 10, at the Stanly County AgriCivic Center in Albemarle. Dinner and fellowship will begin at 4:30 pm. Shareholders are invited to the business meeting at 6 pm.
Feb. 15. blueharbor bank net income during the four quarter of last year was $261,213, compared to $255,232 in the same 2014 period. For the full year last year, the bank reported net income of $925,207, compared to $1.15 million in 2014. CEO Jim Marshall said resources used in the January 2015 expansion to Statesville […]