There are several major banks that operate in North Carolina, including Bank of America, which has more than 40 locations throughout the state, including in major cities such as Charlotte and in smaller coastal towns, such as Surf City, notes Bank of America. While Bank of America is a nationwide institution, there are some other regional major banks that operate within North Carolina, including BB&T, Regions Bank and First Citizens Bank. The state is also home to several smaller financial institutions that have a large presence within North Carolina, including High Country Bank, First South Bank, Piedmont Bank and East Carolina Bank.
The State of North Carolina has an Office of the Commissioner of Banks (NCCOB), which regulates banks that are chartered within the state. The NCCOB describes North Carolina as a "top banking state." The financial institutions chartered within the state hold more than $230 billion in assets, as reported by the NCCOB.
Other banks operating in North Carolina include institutions named for specific places and cities in the state, such as Blue Ridge Savings Bank, Asheville Savings Bank, Carolina Bank and Yadkin Valley Bank, which operates multiple locations within the state's Yadkin Valley. New Century Bank, Crescent State Bank, First South Bank and Cardinal State Bank are other examples of financial institutions that operate within the State of North Carolina.