BB&T tops in North Carolina SBA loans

July 23, 2009
By MoneyAisle

According to the Triangle Business Journal, “Winston-Salem-based BB&T was the top federal Small Business Administration lender in the SBA’s North Carolina district in the six-month period between October 2008 and April 2009, one of the most challenging on record in the banking industry.”

During this time period, BB&T lent $16 million as part of 80 SBA-guaranteed loans.

Three additional banks in the state made the top 20: Capital Bank, RBC Bank, and First Citizens bank.
  • Featured In:

  • The New York Times: Do I Hear 4%? On This Site, Banks Bid for Your Cash
  • CNN: Auction money for best rates
  • The Wall Street Journal: Want the Best CD Rates? Hold an Auction.
  • AARP Bulletin: Save a Buck: Find Highest Interest Rates Online
  • Safe CDs, checking accounts for investors scared of stocks
  • O: The Oprah Magazine
  • Boston Globe: Website lets banks bid for customers
  • CNBC: Banks Bid for Your Cash
  • MIT Technology Review
  • Money Magazine
  • Reader's Digest
  • FOX Business: Bidding for Your Money

Recent Awards: Finovate Best of Show and Online Banking Report Best of the Web