Cape Fear Bank, formerly named Bank of Wilmington (2006), was a Wilmington, North Carolina-based financial company engaged primarily in retail banking, mortgage banking, business finance and providing ATM and merchant processing services. The bank was established in June 1998 and Cape Fear Bank Corporation, the parent company, was formed in June 2005. The name change in October 2006 from Bank of Wilmington and Bank of Wilmington Corporation, respectively, reflected the growth of the Bank’s business in the Lower Cape Fear region of North Carolina. The Bank had full service banking offices serving New Hanover, Brunswick and Pender counties.[1]
Closed by the North Carolina Office of Commissioner of Banks. Most of the deposits acquired by First Federal Savings and Loan Association of Charleston
retail banking, mortgage banking, and business finance
Website
www.capefearbank.com
On April 10, 2009, regulators shut down Cape Fear Bank — the first North Carolina bank to collapse since 1993, and the 22nd U.S. bank to fail in 2009.[2]
^Cape Fear Bank becomes 22nd US bank failure of '09, Associated Press, April 10, 2009.
External linksEdit
FDIC Bank Closing Information for Cape Fear Bank
August 25, 2023
cape, fear, bank, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, november,. This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Cape Fear Bank news newspapers books scholar JSTOR November 2019 Learn how and when to remove this template message Cape Fear Bank formerly named Bank of Wilmington 2006 was a Wilmington North Carolina based financial company engaged primarily in retail banking mortgage banking business finance and providing ATM and merchant processing services The bank was established in June 1998 and Cape Fear Bank Corporation the parent company was formed in June 2005 The name change in October 2006 from Bank of Wilmington and Bank of Wilmington Corporation respectively reflected the growth of the Bank s business in the Lower Cape Fear region of North Carolina The Bank had full service banking offices serving New Hanover Brunswick and Pender counties 1 Cape Fear BankIndustryFinanceFounded1998Defunct2009FateClosed by the North Carolina Office of Commissioner of Banks Most of the deposits acquired by First Federal Savings and Loan Association of CharlestonHeadquartersWilmington North Carolina United StatesProductsretail banking mortgage banking and business financeWebsitewww capefearbank comOn April 10 2009 regulators shut down Cape Fear Bank the first North Carolina bank to collapse since 1993 and the 22nd U S bank to fail in 2009 2 See also Edit Banks portalLate 2000s recession List of acquired or bankrupt banks in the late 2000s financial crisisReferences Edit About Cape Fear Bank via Archive org Cape Fear Bank becomes 22nd US bank failure of 09 Associated Press April 10 2009 External links EditFDIC Bank Closing Information for Cape Fear Bank Retrieved from https en wikipedia org w index php title Cape Fear Bank amp oldid 1159847693, wikipedia, wiki, book, books, library,
