Mortgage Blog
Truist’s local market share drops as Triad Business Bank, Pinnacle gain ground
The region's biggest bank lost a bit of its share, allowing for of the some smaller and newer players to gain in the Triad's crowded retail banking marketplace. We take a look at the winners and losers in the Triad and North Carolina markets as well as in the individual Greensboro/High Point, Winston-Salem and Burlington metro areas.
PNC Bank CIO Amanda Agati says a mild recession is on the horizon
Since she began her career at PNC Bank (NYSE: PNC) in 2015 as an investment strategist, Amanda Agati has used music, GIFs and memes on social media platforms as a way to help explain complex investing and economic topics in a manner that is relatable to the everyday person who may not be watching the market or the actions of the Federal Reserve System as closely the chief investment officer of the asset management group of the nation's seventh largest bank, which is in 55 markets across the country.
Her…
Report claims NC pension plan underfunded by $19 billion
The report estimates that state pension systems across the nation will likely remain at historically high debt levels.
Forty Under 40 Hall of Fame: Ja Hillebrand on growing Stock Yards Bank in Louisville by keeping a pulse on the past
Since becoming CEO in 2018, Hillebrand has more than doubled the bank's local deposits, from $2.3 billion to $4.7 billion in 2022. Last year, Stock Yards saw a 17.4% increase in its market share, making it Louisville’s third-largest bank.
Biotech layoffs 2023: In Q3, 19 Boston-area biotechs made cuts
Nineteen Boston-area biotech companies made cuts in the third quarter of 2023.
How Scale Bank is creating an authentic brand
Whether you’re in banking or another type of business, having genuine connections with your customers helps you both achieve success.
How do we develop authentic customer relationships? We build trust through candid conversations, sharing information, discussing goals, and digging deep into the business owner’s aspirations and operations. I believe you can’t truly support someone unless you feel comfortable sharing the good and the bad – banking is a two-way street, like almost all business…
Lean in and lift: Bank and nonprofit collaborate to support diverse entrepreneurs
What started as an informal meeting over coffee has bloomed into a collaboration to empower women entrepreneurs and entrepreneurs of color in Austin — and their dreams of being a part of Austin’s dynamic transformation.
“DivInc had been in the grind for a little over a year, trying to build more fundraising momentum to do our work in the community. We hadn’t raised a ton of money, and we were wondering — who is out there who can support our mission?” said DivInc CEO and Cofounder…
Tecovas boots up growth with bricks-and-mortar expansion
Living in New York, Paul Hedrick made a discovery — and faced a dilemma.
“New York was a good experience for me, but it took leaving Texas to realize how much I loved it,” Hedrick said about working for a venture capital firm in Manhattan. “I started wearing cowboy boots every time I went out, and then I started wearing them in the office.”
But his newly discovered Lone Star pride also created a problem. There was no good way to buy cowboy boots up there, and online retailers hadn’t…
Inside Medius’ strategy to grow — and to grow Jacksonville’s fintech sector
The global payments automation company is using Jacksonville as the base for ambitious plans.
Viatris makes deals for $6.9B more in divestitures
Would make the company smaller by about 6,000 employees, Viatris said.