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01-07-2007, 10:17 AM
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Senior Member
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Join Date: Dec 2006
Location: Durham, NC
907 posts, read 1,136,119 times
Reputation: 659
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Quote:
Originally Posted by RallyMonkey
Unless you want to work as a bank teller, you'll need to work for a major bank. NC only has two. Neither one has a strong position outside of retail banking.
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I think that may be a little bit pessimistic, no? Next to New York, N.C. (largely thanks to Charlotte) is the second-biggest banking state in the US.
From a corporate perspective, Bank of America and Wachovia are both based in Charlotte and have full corporate HQs, including banking, operations, administration, etc.
RBC Centura is moving its US HQ to Raleigh from elsewhere in the state, and I _think_ BB&T is based in N.C. as well. SunTrust absorbed the old Central Carolina Bank (CCB) and still maintains a banking operations center in Durham. Obviously smaller organizations, but still some opportunities there. There are also some smaller NC-based banks and financial companies, like M&F, Mutual, several credit unions, etc.
No matter what, the huge amount of development here means there should be retail branch opportunities outside of being a teller -- commercial lending, for instance, comes to mind. How easy it is to lateral vs. coming up with the interpersonal networks (which are key in banking of course) is a good question.
Highwoods, a major REIT, is based in Raleigh, though also seen as a possible takeover target. Crosland is also seeing a lot of growth in the Triangle after years of work in Charlotte.
Outside of retail banking... I know of one I-bank based out of Chapel Hill; there's also endowment management for the private universities in the state. And, Raleigh as a state capital would have some financial management and (possibly? I'm guessing here) state pension management opportunities.
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01-07-2007, 10:52 AM
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Not a member
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Join Date: Sep 2006
480 posts, read 663,229 times
Reputation: 112
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Saying NC is #2 in banking is like comparing a kitten to a mountian lion.
In addition, "banking" is a grain of sand on the beach that is the financial markets. NC has no stock exchange, thereby making its #2 ranking meaningless.
Last edited by Check123; 01-07-2007 at 11:56 AM..
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01-07-2007, 12:47 PM
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Senior Member
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Join Date: Dec 2006
Location: Durham, NC
907 posts, read 1,136,119 times
Reputation: 659
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Quote:
Originally Posted by RallyMonkey
Saying NC is #2 in banking is like comparing a kitten to a mountian lion.
In addition, "banking" is a grain of sand on the beach that is the financial markets. NC has no stock exchange, thereby making its #2 ranking meaningless.
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Er, right... but it's important to keep in mind that banking activity and operations happen throughout the U.S., not just in NYC. Sure, if you're looking for Wall Street action, M&As, hedge funds, capital markets, financial press and media -- it ain't here.
I think the OP, though, was wondering about retail bank operations jobs, and I see plenty of those around here... loan origination and servicing, credit analysts, etc. That kind of activity tends to be very local or at least regional and there are the kind of positions in N.C. that the poster mentioned here.
I should add that this is not my own career industry (know a _very_ little about it from having a parent who's in retail banking & commercial loan origination in Fla.) so I'm by no means an expert on this. I would encourage anyone interested in the area to look at the Web sites for BofA, Wachovia, RBC, SunTrust, etc. and check out jobs well before moving! I actually work in IT, in a vertical segment industry that's not in too much danger of outsourcing IT work, yet. :-)
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01-07-2007, 05:58 PM
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Senior Member
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Join Date: Jan 2007
Location: Willow Spring, NC
110 posts, read 129,055 times
Reputation: 24
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thanks for the info everyone. I know relocating won't be easy but as long as I can find something other than a bank teller (don't think I'd be good at it!!) I'll be okay. Thankfully my husband has good prospects in IT and we have lots of savings in case I don't find something right away. He would prefer that I stay home with the kids and although I love them dearly, I think I would go nuts as home!!
I appreciate all the info and advice from people who already live there!!
Thank you soooo much
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01-09-2007, 09:20 PM
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Member
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Join Date: Nov 2006
Location: Clayton, NC
20 posts, read 24,958 times
Reputation: 24
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I just bought a home in Clayton and the fact that I'm not in some former farmer's field was a big issue for me. I neeed trees and Clayton Pointe was the place for me. Some good homes in the 150s-180s. Phase II is almost complete and Phase III is getting underway. We got 4BR 2.5BA 2CarGarage and .73 acres for 171,900. I'm in Connecticut right now and to get a home for $171,900 you might as well buy a motor home.
As for the banking mentions - check out RBC. Far from your run of the mill retail bank. They're buliding a HUGE HQ in Raleigh. Of course, RBC stands for something too - Royal Bank of CANADA.
Go figure. Just like TD BankNorth...TD=Toronto Dominion.
Looks like Canada's takin' over the south. Or should I say, the North shall rise again! LOL
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01-09-2007, 10:06 PM
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Senior Member
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Join Date: Nov 2006
Location: southern va
969 posts, read 941,749 times
Reputation: 191
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Congrats on the new home! I can never get over how cheap real estate is there in the Raleigh area. So how many sq feet is your new home? Also, do homes tend to be cheaper per sq feet not in Raleigh proper?
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01-10-2007, 10:06 AM
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Senior Member
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Join Date: Nov 2006
Location: Raleigh, North Carolina
607 posts, read 730,737 times
Reputation: 135
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How can you view them??
Quote:
Originally Posted by JayP
I just bought a home in Clayton and the fact that I'm not in some former farmer's field was a big issue for me. I neeed trees and Clayton Pointe was the place for me. Some good homes in the 150s-180s. Phase II is almost complete and Phase III is getting underway. We got 4BR 2.5BA 2CarGarage and .73 acres for 171,900. I'm in Connecticut right now and to get a home for $171,900 you might as well buy a motor home.
As for the banking mentions - check out RBC. Far from your run of the mill retail bank. They're buliding a HUGE HQ in Raleigh. Of course, RBC stands for something too - Royal Bank of CANADA.
Go figure. Just like TD BankNorth...TD=Toronto Dominion.
Looks like Canada's takin' over the south. Or should I say, the North shall rise again! LOL
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How can I go online and view Clayton Pointe??? I would like to check that out.
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01-10-2007, 11:47 AM
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Real Estate Agent
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Join Date: Nov 2006
Location: Raleigh, NC
653 posts, read 899,061 times
Reputation: 121
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Clayton Pointe is on the south side of Clayton, close to the airport. The schools are actually Wilson's Mills Elem, Smithfield Middle, and Smithfield Selma High, not Clayton schools. The developer is Jymco, a local company based in Johnston County. There are a few spec homes in mls, you can check realtor.com or my website, or any other to find them. I don't know if they have a website - if they do, I couldn't find it.
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01-10-2007, 11:49 AM
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Senior Member
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Join Date: Oct 2006
Location: Oxnard, CA on the way to Raleigh NC
285 posts, read 316,421 times
Reputation: 90
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Hey Liz, I looked it up through google and here you go for the pointe in clayton. http://www.centexhomes.com/Raleigh/N46306.asp looks NICE - Char
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01-10-2007, 09:30 PM
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Senior Member
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Join Date: Nov 2006
Location: Raleigh, North Carolina
607 posts, read 730,737 times
Reputation: 135
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got it
Quote:
Originally Posted by JustChar
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Thanks I found it. Really nice houses, but none found that had a downstairs master. 
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