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Banks

Leland bank introduces video teller machines

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videoOne bank in Leland is taking technology to another level. It is replacing some in-person bank tellers with ones via video. While it might seem less personal, users say it's just the opposite. Full story...
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First Federal banks changing name this summer

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video Customers of First Federal will see their bank change names this summer. The bank has branches in Wilmington, Leland, Hampstead and Sunset Beach. Full story...
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Judge OKs $410M settlement in Bank of America overdraft fee case

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A federal judge in Miami has approved a $410 million settlement in a lawsuit claiming Bank of America charged excessive overdraft fees. Full story...
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Bank economists see slow growth in NC economy

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A bank economist says North Carolina's economy is slowly recovering from the Great Recession. Full story...
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Cooperative Bank reopening as First Bank

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videoFor the second time this year, a Wilmington-based bank has failed. The state Bank Commissioner Friday closed Cooperative Bank. Full story...
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Smooth transition as First Federal takes over Cape Fear Bank

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videoCustomers said they weren't sure what to expect when they heard Cape Fear Bank would be no more, but the familiar faces they saw at the First Federal Banks pleasantly surprised them. Full story...
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First Federal to take over Cape Fear Bank

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videoA Wilmington based bank is the twenty-second US bank to close it's doors in 2009. On Monday, First Federal Bank will take over all eight of the Cape Fear Bank branches. Full story...
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Other options for obtaining a loan

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videoThe current state of the economy has banks tightening up their restrictions on issuing loans. This means it may be more difficult for you to get a loan, but do not give up there are other ways. Full story...
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Wachovia: housing downturn far from over

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The chief risk officer at Wachovia says the downturn in the nation's housing market is far from over. Don Truslow told analysts on a Deutsche Bank Securities conference call today that it feels like the downturn has a ways to go. Full story...
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Bank of America, 5 other lenders offer broader mortgage plan

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Bank of America and five other major lenders are widening their effort to help borrowers and let overdue homeowners suspend foreclosures for 30 days while more affordable loans are worked out. Full story...
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BofA to pay for mortgages of cops, others, who are hurt or killed

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Bank of America is paying for mortgages of police officers and others who are hurt or killed. Full story...
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Wachovia earnings up 24 percent

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Wachovia says profits increased 24 percent in the second quarter, benefiting from the acquisition of Golden West Financial and its growing lending business. Full story...
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Bank of America to announce fee education campaign

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Bank of America is launching yet another program, this one designed to help customers avoid those nagging fees. Full story...
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