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The credit union began with $437 in assets and 17 members and was first operated from the basement of Raleigh's Agriculture Building. [6] By 1960, the credit union grew to serve over 70,000 members and had assets of almost $25 million. [7] By 2022, State Employees' Credit Union had grown to over $53.1 Billion in assets and 2.7 million members.
Colorado Capital Bank of Castle Rock, Colorado [18] [19] [20] 2011 In-house merger with IronStone Bank [21] 2013 1st Financial Corp. of Hendersonville, North Carolina [22] 2014 First Citizens Bank of South Carolina [23] 2015 Capitol City Bank and Trust Company of Atlanta, Georgia [24] 2016 North Milwaukee State Bank of Milwaukee [25] [26] 2016
Live Oak Bank's Headquarters in Wilmington, NC Live Oak Bank , a subsidiary of Live Oak Bancshares, Inc. , is an American bank. Headquartered in Wilmington, North Carolina , it serves small business owners in all 50 states and was the leading SBA by dollar volume in 2022.
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By 2005, after expansion and buying other banks, Capital had $915 million in assets, [9] and by 2010, assets had reached $1.7 billion. [10] The Late-2000s recession hurt Capital, and regulators expected the bank to act. At one time, selling new stock was considered. Finally, Capital chose to accept help from NAFH. [11]
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