Banks in North Carolina

9 FDIC-insured banks headquartered in North Carolina, ranked by total assets.

North Carolina is home to 9 FDIC-insured banks holding a combined $3.45T in total assets and approximately $2.71T in deposits (Source: FDIC BankFind). These figures represent banks headquartered in North Carolina and may not include all branches of out-of-state banks operating in the state.

Bank of America is the largest bank headquartered in North Carolina with $2.64T in total assets, representing a concentrated market where one institution holds the majority of state-headquartered bank assets (Source: FDIC BankFind). The mix of national banks, regional institutions, and community banks in North Carolina provides consumers with a range of options based on their banking preferences.

Total Banks

Combined Assets

$3.45T

Avg ROA

1.09%

Largest banks in North Carolina

Bank of America

Bank of America is the largest bank headquartered in North Carolina with $2.64T in total assets and 3,610 branches (Source: FDIC BankFind).

Truist Bank

Truist Bank is a major bank headquartered in North Carolina with $539.52B in total assets and 1,931 branches (Source: FDIC BankFind).

First-Citizens Bank & Trust Company

First-Citizens Bank & Trust Company is a major bank headquartered in North Carolina with $229.33B in total assets and 519 branches (Source: FDIC BankFind).

Live Oak Banking Company

Live Oak Banking Company is a major bank headquartered in North Carolina with $15.06B in total assets and 1 branches (Source: FDIC BankFind).

First Bank

First Bank is a major bank headquartered in North Carolina with $12.66B in total assets and 116 branches (Source: FDIC BankFind).

Banks headquartered in North Carolina

#	Bank	Total Assets	Deposits	ROA	Branches
1	Bank of America, National AssociationCharlotte	$2.64T	$2.10T	1.15%	3,610
2	Truist BankCharlotte	$539.52B	$409.43B	1.04%	1,931
3	First-Citizens Bank & Trust CompanyRaleigh	$229.33B	$162.08B	1.00%	519
4	Live Oak Banking CompanyWilmington	$15.06B	$13.83B	0.82%	1
5	First BankSouthern Pines	$12.66B	$10.76B	0.94%	116
6	Southern Bank and Trust CompanyMount Olive	$5.20B	$4.69B	1.19%	56
7	HomeTrust BankAsheville	$4.54B	$3.72B	1.43%	33
8	The Fidelity BankFuquay Varina	$4.39B	$3.94B	1.74%	55
9	First Carolina BankRocky Mount	$3.32B	$2.80B	0.51%	9

Source: FDIC BankFind, most recent quarterly data. Only includes banks headquartered in North Carolina. Data last updated: April 2, 2026.

Credit unions in North Carolina

4 credit unions headquartered in North Carolina, ranked by total assets. Credit unions are member-owned cooperatives insured by the NCUA.

#	Credit Union	Total Assets	Members	ROA	Branches
1	STATE EMPLOYEES'RALEIGH	$58.12B	2,959,762	0.72%	N/A
2	COASTALRaleigh	$6.03B	343,471	0.88%	N/A
3	TRULIANTWinston Salem	$5.40B	334,169	1.72%	N/A
4	CIVICRALEIGH	$3.33B	355,581	-3.36%	N/A

Source: NCUA Quarterly Call Report Data. Only includes credit unions headquartered in North Carolina.

How to choose a bank in North Carolina

When choosing a bank in North Carolina, consider what matters most for your financial needs. North Carolina has 9 FDIC-insured banks headquartered in the state, plus additional out-of-state banks with local branches. Each institution offers different strengths in terms of branch access, product variety, and community focus.

Consider whether branch access matters to you. If you prefer in-person banking, look for institutions with branches near your home or workplace. If you primarily use mobile and online banking, you may want to prioritize digital features and compare interest rates, as online-focused banks often offer higher savings APYs.

All banks listed on this page are FDIC-insured, meaning deposits are protected up to $250,000 per depositor, per insured bank, for each account ownership category (Source: FDIC). Beyond FDIC insurance, compare factors such as monthly maintenance fees, ATM networks, minimum balance requirements, and customer service availability. The CFPB recommends comparing at least three institutions before opening a new account.

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Data Sources

FDIC BankFind: Financial data including total assets, deposits, net income, ROA, and ROE for all FDIC-insured institutions. https://banks.data.fdic.gov/

CFPB Consumer Complaint Database: Consumer complaint data by institution, including complaint volumes, response rates, and top issue categories. https://www.consumerfinance.gov/data-research/consumer-complaints/

Federal Reserve Economic Data (FRED): Interest rate benchmarks including the Federal Funds Rate, Treasury yields, and national savings rate averages. https://fred.stlouisfed.org/

BankRanked is not a bank, credit union, or financial advisor. This content is for educational purposes only and does not constitute financial advice. All data is sourced from publicly available government databases (FDIC, NCUA, CFPB, FRED). Consult a licensed financial professional before making banking decisions.