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Banking and Finance

BB&T declares 15-cent dividend

BB&T Corp. said it will pay a 15 cent dividend per common share in the first quarter of 2011. The Winston-Salem-based company said the dividend will be paid Feb. 1 to shareholders of record as of Jan. 7. At that ...

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Mortgage lender to add 30 jobs in Charlotte

Mortgage lender Foundation Financial Group will be expanding its operations in Charlotte and adding 30 new positions through the first quarter of 2011, doubling its existing Charlotte work force, the company said today. The jobs will include entry-level positions, such ...

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Community Bank of Rowan to be sold

Capitol Bancorp is selling Community Bank of Rowan to Piedmont Community Bank Holdings in Raleigh . The sale will help to Capitol Bancorp redeploy capital to its affiliate banks, Capitol’s CEO Joseph Reid said. The transaction, which is subject to regulatory approval, is expected to ...

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