First Carolina Bank Opens Full-Service Branch in Atlanta
Tuesday, May 10th, 2022
First Carolina Bank announced today the opening of its full-service, two-story regional hub office located at 125 Glenridge Point Parkway. The first-floor branch will offer a unique blend of state-of-the-art technology and traditional services including safe deposit boxes, multiple drive-thru lanes, and a drive-up ATM. Seated in the highly desirable, central perimeter area of Atlanta, just inside I-285 at Highway 400 and adjacent to the Northside Hospital campus, the office is perfectly situated for the Bank to serve the broader metropolitan area from this single location. First Carolina Bank has been the fastest growing bank, organically, in North Carolina and nationally based on a composite ranking of assets, loans and deposits since 2016 and has since expanded its footprint into Virginia, South Carolina and now Georgia.
The Bank’s Atlanta team consists of Atlanta Market President, Thomas Forsberg; Chief Credit Officer, Steven Deaton; Senior Banking Officer, Amy Pizzati; Branch Supervisor, Terry Strickland; and two incoming Universal Bankers. With their combined experience in banking, they will lead the Bank’s broader entry into the Atlanta area market and will deliver the entirety of its platforms to area real estate, commercial, and consumer customers and prospects with full delegated local authority to make decisions.
Ron Day, President and CEO, said, “We are thrilled to be fully open now in such a dynamic market and believe our timing is perfect to quickly become a relevant financial services provider for Atlanta-area businesses and consumers. Atlanta keeps getting bigger and more diverse, and the banking options have diminished over the last few years with consolidation, branch closures and talent that has either retired or been forced out of the business due to mergers and cost cutting. We have been planning for this moment for several years and have been very thoughtful about our service plan. We already have nearly $200 million in Atlanta area borrower loan commitments on the books and sizable deposit opportunities attached to those loans. We think combining that business with full, on-the-ground staffing and a marquee location will give us market visibility unlike a typical de novo opening. Additionally, with a legal lending limit of approximately $45 million, and a newly named, Atlanta-based Bank chief credit officer in Steven Deaton partnering with our market leader, Thomas Forsberg, we believe we can offer a combination of skill and speed of decisions that is hard to find in banking today.”