Banking and finance comprise one of North Carolina’s largest economic sectors, employing nearly 200,000 workers. Operations span the full range of mortgage and insurance centers, headquarters, back-office environments, global business centers and customer service centers.
Our banking and finance operations have earned these distinctions:
- The second largest financial center in the nation.
- Headquarters for three of the nation’s 10 largest banks: Bank of America and Wachovia in Charlotte and BB&T in Winston-Salem.
- Home to one of the largest family-controlled banks: Raleigh-based First Citizens.
- Home to several foreign banks including the Royal Bank of Canada operating as RBC Centura.
More than 250 financial service companies are located in the Charlotte region alone. Among those with major operations in the state are CitiFinanicial, GE Capital, Wells Fargo Home Mortgage, Allstate, MetLife, State Farms and Travelers, Kemper, Liberty Mutual and many more.
Credit Suisse First Boston’s Center of Excellence, located in the Research Triangle Park, houses global support staff, including securities operations and information technology positions. Fidelity Investments plans to invest $100 million to expand and diversify its current operations in Research Triangle Park.
Nearly 200 customer service centers support consumer, financial, insurance, telecommunications and other organizations statewide.