First Carolina Bank to complete merger with BM Technologies, Inc.
01/16/25, 2:28 PM
Location
rocky mountIndustry
financial services
BM Technologies, Inc. (NYSE American: BMTX) is set to finalize its merger with First Carolina Bank. The merger, disclosed on October 24, 2024, is expected to be completed on January 31, 2025, with BM Technologies becoming a wholly owned subsidiary of First Carolina Bank. The strategic move aims to enhance the combined entity's capabilities and market position.
Company Info
Location
Rocky Mount, North Carolina, United States
Company info
First Carolina is a North Carolina state-chartered bank headquartered in Rocky Mount with about $2.6 billion in total assets as of Nov. 30. First Carolina Bank has full-service banking offices in Rocky Mount, Raleigh, Wilmington, Cary and Reidsville, North Carolina; Virginia Beach, Virginia; Columbia and Greenville, South Carolina; and Atlanta, Georgia.