First Carolina Bank
Bank Credit Union
Why pick this one
First Carolina Bank provides commercial financing with local decision-making across North Carolina, South Carolina, Georgia, and Virginia.
Best for
- Businesses needing customized commercial financing
- Well-capitalized operating or manufacturing companies seeking long-term banking relationships
- Businesses needing lines of credit for working capital, accounts receivable, inventory, or capital expenditures
- Commercial real estate developers and investors financing multifamily, industrial, medical office, storage, or retail properties
- Businesses holding deposits above $250,000 that need expanded FDIC insurance options
- Businesses needing treasury management, ACH, wire transfers, remote deposit, or multi-level sweeps
Look elsewhere if
- Commercial financing applicants outside North Carolina, South Carolina, Georgia, and Virginia
- Businesses without experienced management teams or strong capitalization seeking commercial financing
- Businesses seeking a city-specific service provider, since the website does not identify individual service-area cities
Specialties
- Commercial analysis checking with unlimited transactions
- Business savings, money market accounts, and certificates of deposit
- Commercial financing lines of credit and term loans
- Commercial real estate construction, acquisition, and refinance loans
- Large deposit insurance for balances over $250,000
- Business credit cards with cash back, rewards, or low-rate options
Certifications
- FDIC-insured
What makes them different
- Commercial financing uses local decision-making and focuses on North Carolina, South Carolina, Georgia, and Virginia
- Large deposit insurance options can divide deposits above $250,000 among multiple FDIC-insured institutions
- Automated sweeps can move excess balances above $250,000 into another account
- Commercial Analysis Checking offers unlimited transactions
- Commercial real estate banking provides end-to-end underwriting, fulfillment, construction draw administration, account servicing, and portfolio management
- Response time
- efficient response times
Distilled from this business's own website.
Contact & Location
- Address
- 171 N Winstead Ave, Rocky Mount, NC 27804
- Phone
- +12529372152
- Website
- http://www.firstcarolinabank.com/
Services
- Personal and commercial banking accounts
- Business checking
- Business savings and money market accounts
- Certificates of deposit
- Treasury management
- Remote and mobile deposit
- Commercial financing
- Commercial real estate banking
- Business credit cards
- Wire transfers and ACH services
- Large deposit insurance