Reposition
Sound Bank got its start in the spring of 2000 when several Morehead City bankers began to talk about starting a community bank. The name "Sound Bank" was chosen to reflect the flavor of the coastal area as well as the solid foundation of the bank. Bank opened full service branches in Beaufort, Cedar Point, New Bern and Wilmington to accommodate its customers and also has a Loan Production Office in Raleigh.
Sound Bank - Recent News & Articles
Interest rates are coming down, but only after one of the most brutal monetary tightening periods in modern history. And they’re probably coming down ...
Collectively, Americans now owe a record $1.17 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Ba...
ARK Invest founder and CEO Cathie Wood expects that a “changing of the guard” at the United States Securities and Exchange Commission may turbocharge ...
The new research looks at the UK’s banking sector and how it compares to other G8 countries. It notes that as a result of deregulation reforms, stable...
Inflation in the euro area rose from 1.7% to 2% in October, flash figures showed Thursday, coming in slightly higher than the 1.9% forecast. Core inf...
Mastercard introduced a new solution that will enable banks to facilitate commercial cross-border payments that are near real-time, predictable and tr...
Growth in the payments industry, which was once characterized by rapid expansion, is now slowing as the shift from cash to digital payments has reache...
Stripe, the FinTech giant, is reportedly in talks to acquire crypto startup Bridge for $1 billion, according to sources familiar with the discussions....
In a significant move to counteract international sanctions and reduce dependency on the global financial system Swift, Russia has called on BRICS nat...
The European Central Bank on Thursday cut its key interest rate to 3.25%, in its third quarter-percentage-point reduction of the year. The move had be...