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NewBridge Bank was the banking subsidiary of NewBridge Bancorp (Nasdaq: NBBC). NewBridge Bank had 44 branches, [1] total assets of about $2.7 billion and total deposits of about $2 billion. [2] Its branches were mainly centered on the North Carolina regions of the Piedmont Triad and the Lower Cape Fear .
Retirement ends 47-year career in banking. GREENSBORO, N.C.-- ( BUSINESS WIRE )-- NewBridge Bancorp ( NASDAQ: NBBC) today announced that Robert F. Lowe, a long-time executive with the Company ...
The post-merger institution, operating under the name NewBridge Bank, began public operations on November 13, 2007. NewBridge Bank has 42 full-service banking offices, total assets of about $2 billion and total deposits of about $1.6 billion, and an increased geographic size including counties in coastal North Carolina and southern Virginia.
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The Bank Secrecy Act of 1970 (BSA), also known as the Currency and Foreign Transactions Reporting Act, is a U.S. law requiring financial institutions in the United States to assist U.S. government agencies in detecting and preventing money laundering. [2] Specifically, the act requires financial institutions to keep records of cash purchases of ...
Here’s a guide on how to switch banks, broken down into six steps, for a smooth transition. 1. Find a new bank or credit union. Starting your journey to switch banks begins with finding a new ...
The bank was formed in 1872 as the Loan and Deposit Department of the Co-operative Wholesale Society, becoming the CWS Bank four years later. However, the bank did not become a registered company until 1971, when the Co-operative Bank Act 1971 (c. xxii) separated the banking business from the Co-operative Wholesale Society.