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Banks in North Carolina
The 38 FDIC-insured banks headquartered in North Carolina, their bank failures since 1934 and the largest credit unions. From the FDIC and the NCUA; quarter ending Jun 30, 2026.
- Banks headquartered here
- 38
- Their assets
- $3.5T
- Their deposits
- $2.8T
- Failures since 2000
- 8
- Credit unions
- 57
Every bank headquartered in North Carolina
Ranked by total assets, quarter ending Jun 30, 2026. Banks based elsewhere with branches here are not included.
| # | Bank | Holding company | Assets | Deposits | Equity | Net income, year to date | ROA | ROE | CET1 ratio | Uninsured deposits | Offices |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Bank of America, National AssociationCharlotte, NC | Bank of America | $2.7T | $2.1T | $240.8B | $14.9B | 1.13% | 12.31% | 12.1% | 44% | 3,829 |
| 2 | Truist BankCharlotte, NC | Truist Financial | $548.3B | $419.2B | $63.0B | $3.2B | 1.16% | 10.00% | 12.1% | 44% | 1,931 |
| 3 | First-Citizens Bank & Trust CompanyRaleigh, NC | First Citizens BancShares | $236.3B | $174.0B | $23.1B | $1.2B | 1.03% | 10.29% | 12.4% | 37% | 517 |
| 4 | Live Oak Banking CompanyWilmington, NC | Live Oak Bancshares Inc | $16.0B | $14.7B | $1.2B | $73.9M | 0.96% | 12.59% | 10.5% | 17% | 1 |
| 5 | First BankSouthern Pines, NC | First Bcorp | $13.0B | $11.1B | $1.8B | $100.6M | 1.56% | 11.56% | 14.7% | 41% | 116 |
| 6 | Southern Bank and Trust CompanyMount Olive, NC | Southern Bancshares N C Inc | $5.3B | $4.8B | $433.7M | $36.8M | 1.40% | 17.13% | 12.7% | 48% | 57 |
| 7 | The Fidelity BankFuquay Varina, NC | Fidelity Bancshares N C Inc | $4.7B | $4.2B | $467.7M | $39.1M | 1.73% | 17.38% | 16.6% | 38% | 58 |
| 8 | HomeTrust BankAsheville, NC | HomeTrust Bancshares | $4.4B | $3.6B | $587.2M | $33.8M | 1.52% | 11.44% | 13.7% | 26% | 33 |
| 9 | First Carolina BankRocky Mount, NC | First Carolina Financial Services, Inc. | $3.4B | $2.9B | $455.6M | $13.1M | 0.78% | 6.19% | 12.9% | 18% | 9 |
| 10 | Peoples BankNewton, NC | Peoples Bcorp of NC Inc | $1.8B | $1.6B | $174.6M | $10.3M | 1.18% | 11.91% | 14.6% | 21% | 16 |
| 11 | Providence BankRocky Mount, NC | PB Financial Corp | $1.5B | $1.3B | $186.5M | $13.1M | 1.80% | 14.35% | – | 22% | 10 |
| 12 | North State BankRaleigh, NC | North State Bcorp | $1.5B | $1.2B | $122.9M | $5.7M | 0.79% | 9.28% | 11.3% | 31% | 7 |
| 13 | Piedmont Federal Savings BankWinston Salem, NC | Piedmont Financial Holding Co | $1.3B | $973.7M | $240.5M | $1.3M | 0.21% | 1.12% | – | 23% | 10 |
| 14 | Uwharrie BankAlbemarle, NC | UWHARRIE CAPITAL CORP | $1.2B | $1.1B | $106.8M | $7.7M | 1.26% | 14.97% | 13.8% | 40% | 10 |
| 15 | Farmers & Merchants BankGranite Quarry, NC | F&m Financial Corp | $998.8M | $842.6M | $149.4M | $12.5M | 2.55% | 17.09% | 25.5% | 28% | 12 |
| 16 | KS Bank, Inc.Smithfield, NC | KS BANCORP INC | $874.5M | $785.2M | $73.5M | $5.7M | 1.33% | 16.60% | – | 27% | 13 |
| 17 | Bank of Oak RidgeOak Ridge, NC | Oak Ridge Finl Services Inc | $658.1M | $509.6M | $82.4M | $4.0M | 1.23% | 10.00% | – | 13% | 5 |
| 18 | BlueHarbor BankMooresville, NC | – | $628.4M | $551.2M | $69.6M | $6.9M | 2.21% | 20.48% | 13.1% | 35% | 3 |
| 19 | Lumbee Guaranty BankPembroke, NC | – | $583.5M | $490.4M | $52.1M | $2.4M | 0.83% | 9.08% | – | 17% | 14 |
| 20 | Triad Business BankGreensboro, NC | – | $536.0M | $477.1M | $50.8M | $482.0K | 0.18% | 1.90% | 11.5% | 36% | 3 |
| 21 | LifeStore BankWest Jefferson, NC | Asheco MHC Inc | $491.3M | $429.7M | $55.9M | $2.8M | 1.14% | 10.42% | 18.6% | 19% | 4 |
| 22 | First Federal Savings Bank of LincolntonLincolnton, NC | – | $485.8M | $390.3M | $82.3M | $1.3M | 0.53% | 3.13% | 34.3% | 16% | 4 |
| 23 | Mechanics & Farmers BankDurham, NC | M&f Bcorp Inc | $476.0M | $402.2M | $67.8M | $1.6M | 0.68% | 4.85% | 24.7% | 30% | 8 |
| 24 | Roxboro Savings Bank, SSBRoxboro, NC | – | $360.7M | $292.8M | $61.5M | $2.1M | 1.18% | 6.97% | 38.9% | 20% | 2 |
| 25 | Nantahala Bank & Trust CompanyFranklin, NC | – | $288.8M | $260.4M | $27.5M | $2.1M | 1.47% | 15.86% | 14.4% | 20% | 3 |
| 26 | First Federal BankDunn, NC | First Federal Financial Corp | $275.6M | $250.5M | $18.7M | $396.0K | 0.29% | 4.33% | 15.5% | 30% | 7 |
| 27 | Taylorsville Savings Bank, SSBTaylorsville, NC | – | $232.4M | $215.1M | $15.4M | $981.0K | 0.88% | 13.15% | 12.9% | 13% | 3 |
| 28 | American Bank of the CarolinasMonroe, NC | – | $214.0M | $183.8M | $26.3M | $1.6M | 1.45% | 12.65% | – | 32% | 3 |
| 29 | New Republic BankRoanoke Rapids, NC | American Bcorp Inc | $176.3M | $138.0M | $37.1M | $2.0M | 1.88% | 11.27% | 32.0% | 28% | 1 |
| 30 | Belmont Savings Bank, SSBBelmont, NC | – | $161.0M | $111.3M | $19.4M | $354.0K | 0.45% | 3.69% | – | 22% | 1 |
| 31 | Morganton Savings Bank, S.S.B.Morganton, NC | – | $114.5M | $77.7M | $28.3M | $203.0K | 0.37% | 1.43% | – | 18% | 1 |
| 32 | Riverside Savings Bank, SSBRoanoke Rapids, NC | – | $94.5M | $72.5M | $16.3M | $217.0K | 0.46% | 2.71% | – | 11% | 2 |
| 33 | First Savings and Loan AssociationMebane, NC | – | $55.9M | $41.6M | $13.4M | $88.0K | 0.32% | 1.32% | 55.6% | 9% | 1 |
| 34 | Tarboro Savings Bank, SSBTarboro, NC | – | $54.1M | $47.8M | $6.2M | −$71.0K | −0.26% | −2.26% | – | 5% | 1 |
| 35 | Black Mountain Savings Bank, SSBBlack Mountain, NC | – | $43.0M | $37.7M | $5.1M | −$44.0K | −0.21% | −1.71% | – | 10% | 1 |
| 36 | Jackson Savings Bank, SSBSylva, NC | – | $31.9M | $24.7M | $7.1M | $34.0K | 0.22% | 0.96% | 45.3% | 5% | 1 |
| 37 | Hertford Savings Bank, SSBHertford, NC | – | $20.7M | $18.5M | $2.2M | −$12.0K | −0.12% | −1.09% | – | 4% | 1 |
| 38 | Cedar Hill National BankCharlotte, NC | – | $16.0M | $2.0M | $10.9M | $376.0K | 4.79% | 6.74% | 92.4% | 88% | 1 |
Source: FDIC BankFind Suite. Assets, deposits and equity at the end of the latest quarter; net income is year to date. ROA and ROE are annualized returns on assets and equity. CET1 is common equity tier 1 capital as a share of risk-weighted assets. CET1 is blank for banks that do not report it (many small banks use the simpler community bank leverage ratio). Uninsured deposits is the bank's own estimate of the share of deposits above the insurance limit.
Bank failures in North Carolina
30 since 1934; the latest 25.
| Date | Bank | State | Assets | Deposits | Cost to the fund | Acquirer | Resolution |
|---|---|---|---|---|---|---|---|
| May 10, 2013 | Pisgah Community BankAsheville, NC | NC | $21.9M | $21.2M | $7.9M | Capital Bank, National Association | Purchase and assumption |
| Apr 26, 2013 | Parkway BankLenoir, NC | NC | $109.6M | $104.7M | $16.5M | Certusbank, National Association | Purchase and assumption |
| Jun 8, 2012 | Waccamaw BankWhiteville, NC | NC | $533.1M | $472.7M | $23.8M | First Community Bank | Purchase and assumption |
| Oct 14, 2011 | Blue Ridge Savings Bank, Inc.Asheville, NC | NC | $161.4M | $159.6M | $44.1M | Bank of North Carolina | Purchase and assumption |
| Jan 21, 2011 | The Bank of AshevilleAsheville, NC | NC | $204.9M | $199.4M | $43.9M | First Bank | Purchase and assumption |
| Jun 19, 2009 | Cooperative BankWilmington, NC | NC | $966.8M | $768.5M | $287.3M | First Bank | Purchase and assumption |
| Apr 10, 2009 | Cape Fear BankWilmington, NC | NC | $492.4M | $402.8M | $118.6M | First Federal Savings and Loan Association of Charleston | Purchase and assumption |
| Jan 16, 2009 | Bank of America N.A.Charlotte, NC | NC | $1.5T | $954.7B | – | – | Open-bank assistance mergerAssistance |
| May 20, 1993 | Crown National BankCharlotte, NC | NC | $26.3M | $24.8M | $1.7M | Lincoln Bank of NC | Purchase and assumption, insured deposits |
| Jun 5, 1992 | First American FSBGreensboro, NC | NC | $804.3M | $639.1M | $35.4M | Centura Bank | Purchase and assumption |
| Oct 25, 1991 | First Hanover BankWilmington, NC | NC | $48.2M | $46.5M | $5.7M | Central Carolina Bank and T | Purchase and assumption |
| Jul 9, 1991 | Surety FS & LaMorganton, NC | NC | $224.8M | $163.4M | $1.8M | First Citizens B&tc | Purchase and assumption |
| Mar 8, 1991 | Preffered Savings and LoanHigh Point, NC | NC | $224.5M | $174.8M | $19.2M | Southern NB of NC | Purchase and assumption |
| Dec 7, 1990 | First Federal SavingsRaleigh, NC | NC | $520.4M | $427.5M | $55.7M | Branch Sale | Purchase and assumption, insured deposits |
| Nov 16, 1990 | Southeastern Savings BankCharlotte, NC | NC | $422.3M | $367.6M | $23.6M | Branch Sale | Purchase and assumption |
| Jul 27, 1990 | Guaranty Savings Bank FSBFayetteville, NC | NC | $53.9M | $49.9M | $8.5M | Branch Sale | Purchase and assumption |
| Mar 2, 1990 | North Carolina FS & LaCharlotte, NC | NC | $628.1M | $455.0M | $41.8M | First Citizens B&tc | Purchase and assumption |
| Mar 30, 1989 | Great Atlantic Savings BankManteo, NC | NC | $126.8M | $123.8M | $48.3M | Ncnb NB of NC | Insured deposit transfer |
| Mar 30, 1989 | Heritage FS & LaMonroe, NC | NC | $311.7M | $254.1M | $49.2M | First Citizens B&tc | Purchase and assumption |
| May 13, 1988 | Cardinal Savings BankNewport, NC | NC | $93.9M | $92.8M | $27.5M | – | Insured deposit transfer |
| Dec 11, 1987 | Surety FS&LAMorganton, NC | NC | $124.9M | $111.5M | – | Surety FS&LA Fsa | Open-bank assistanceAssistance |
| Jul 1, 1981 | First FS&LA of New BernNew Bern, NC | NC | $57.4M | $46.8M | $3.6M | Raleigh FS&LA | Open-bank assistanceAssistance |
| Feb 9, 1981 | Security of StatesvilleStatesville, NC | NC | $15.7M | $13.0M | – | Asheville FS&LA | Open-bank assistanceAssistance |
| Jul 24, 1950 | The Bank of AuroraAurora, NC | NC | $1.3M | $991.0K | – | – | Purchase and assumption |
| Mar 18, 1943 | Bank of Black MountainBlack Moutain, NC | NC | $855.0K | $767.0K | – | – | Payout |
Source: FDIC BankFind Suite. Cost to the fund is the FDIC's estimated loss to the deposit insurance fund (earlier funds for older failures). Assets and deposits as of the last report before failure. Assistance transactions kept the bank open with FDIC help.
The largest credit unions in North Carolina
57 credit unions; the largest 25 by assets.
| # | Credit union | Charter | Assets | Members | Loans | Shares and deposits | Net worth ratio | Net income, year to date |
|---|---|---|---|---|---|---|---|---|
| 1 | State Employees'Raleigh, NC | State | $60.0B | 2,998,339 | $38.7B | $53.5B | 10.12% | $216.4M |
| 2 | CoastalRaleigh, NC | Federal | $6.2B | 347,915 | $4.3B | $5.4B | 9.86% | $26.7M |
| 3 | TruliantWinston Salem, NC | Federal | $5.6B | 328,760 | $4.6B | $4.9B | 10.19% | $34.3M |
| 4 | CivicRaleigh, NC | Federal | $3.1B | 336,107 | $2.7B | $2.6B | 5.87% | −$47.2M |
| 5 | Allegacy FinancialWinston Salem, NC | Federal | $2.6B | 187,784 | $2.1B | $2.2B | 11.44% | $14.2M |
| 6 | Self-HelpDurham, NC | Federal | $2.4B | 146,774 | $1.6B | $1.8B | 25.18% | $4.4M |
| 7 | Self-HelpDurham, NC | State | $2.2B | 101,911 | $1.9B | $1.6B | 24.51% | $12.5M |
| 8 | SkylaCharlotte, NC | Federal | $1.7B | 113,123 | $1.3B | $1.4B | 9.61% | $4.7M |
| 9 | MarineJacksonville, NC | Federal | $1.1B | 76,859 | $853.7M | $981.1M | 10.42% | $3.2M |
| 10 | Latino CommunityDurham, NC | State | $1.0B | 124,269 | $870.9M | $735.0M | 24.23% | $4.1M |
| 11 | Fort BraggFort Bragg, NC | Federal | $689.6M | 34,937 | $385.5M | $597.6M | 12.81% | $6.2M |
| 12 | ChampionCanton, NC | State | $551.9M | 36,206 | $446.4M | $468.7M | 12.20% | $2.2M |
| 13 | Carolinas TelcoCharlotte, NC | Federal | $506.3M | 31,584 | $295.6M | $425.2M | 15.06% | $1.3M |
| 14 | MembersWinston Salem, NC | State | $477.1M | 46,799 | $187.9M | $404.2M | 14.83% | $2.5M |
| 15 | Telco Community Credit UnionCandler, NC | State | $429.3M | 34,952 | $224.9M | $371.1M | 12.43% | $3.0M |
| 16 | MountainWaynesville, NC | State | $372.4M | 31,379 | $214.0M | $327.2M | 11.22% | $1.1M |
| 17 | SummitGreensboro, NC | State | $368.8M | 30,745 | $233.6M | $298.4M | 15.44% | $1.7M |
| 18 | Piedmont Advantage Credit UnionWinston Salem, NC | State | $367.9M | 27,002 | $241.8M | $342.7M | 8.55% | −$929.8K |
| 19 | First FlightCary, NC | Federal | $283.8M | 20,686 | $168.9M | $249.4M | 11.06% | $1.1M |
| 20 | Duke UniversityDurham, NC | Federal | $203.2M | 15,591 | $92.9M | $180.1M | 10.68% | $1.1M |
| 21 | R T PMorrisville, NC | Federal | $142.2M | 9,216 | $78.4M | $130.0M | 8.06% | $204.7K |
| 22 | Bragg MutualFayetteville, NC | Federal | $131.1M | 9,157 | $89.6M | $118.9M | 8.26% | $157.2K |
| 23 | NovaCharlotte, NC | State | $120.7M | 11,173 | $76.3M | $99.5M | 17.65% | $214.8K |
| 24 | Weyco CommunityPlymouth, NC | State | $115.5M | 5,591 | $70.3M | $103.6M | 9.94% | $181.4K |
| 25 | American PartnersReidsville, NC | Federal | $107.7M | 11,351 | $80.9M | $92.5M | 10.55% | $449.1K |
Source: NCUA credit union call report data, quarter ending Jun 30, 2026. Names as filed (the NCUA abbreviates them, usually without "Federal Credit Union"). Net income is year to date. The net worth ratio is net worth as a share of assets; 7% or more is "well capitalized".