Our 15 minutes of fame
We are proud of our accomplishments. Celebrate with us and learn more with recent news about our Bank.
BNC Introduces Financial Learning Program Across All Markets
November 28, 2016
BNC Bank introduced their new financial learning program “Dollars & Sense” to 121 students at Montlieu Elementary in High Point, North Carolina. The second graders were the first to participate in this interactive exploration of the concepts of money. The company wide program is designed to promote financial understanding in elementary, middle and high school students that is grade specific, providing a path to become financially responsible adults.
“Discussing money early in a child’s life helps to build a strong foundation for healthy financial habits in the future,” shared Richard D. Callicutt, President and CEO of BNC Bank. “We are excited to partner with schools and organizations to offer this curriculum across our markets, as it reinforces our commitment to Deliver More to the communities we serve.”
The “Dollars & Sense” program offers guides for the educator as well as the student and parent. It’s a simple curriculum that breaks down topics about money and helps to build a strong foundation.
For additional information about the “Dollars & Sense” program offered through BNC Bank, contact Britt Faircloth at firstname.lastname@example.org
BNC Bancorp Rings the Nasdaq Stock Market Opening Bell
October 17, 2016
BNC Bancorp (Nasdaq: BNCN), the holding company for Bank of North Carolina, visited the Nasdaq MarketSite in Times Square.
In honor of the occasion, Richard Callicutt, Chief Executive Officer & President, rang the Opening Bell.
David Allen Promoted to Virginia Regional President
September 29, 2016
BNC Bank announced the promotion of David K. Allen to Virginia regional president. Allen served as a commercial relationship manager for BNC, prior to his promotion. In his new role, Allen will be responsible for managing BNC’s commercial and consumer banking initiatives in the southwest Virginia market.
“David has done all that is needed to prepare himself for this next step in his career,” said Bill Connolly, chief commercial banking officer for BNC. “He’s been highly successful as a teammate and a banker, currently is in a leadership role for the young bankers division of the NCBA, and has proven that he exemplifies all of the leadership qualities that are so important to our Company’s success. Our Southern Virginia franchise will benefit greatly from David as both a leader and a citizen of the Roanoke Valley.”
Allen joined BNC in 2009 after working with Wachovia for 12 years.
He has been active in the Greensboro Chamber of Commerce, Leadership Greensboro, the Guilford County Coalition on Infant Mortality and the Kiwanis Club. Allen currently serves as president for the North Carolina Young Bankers Association, which he helped form.
Allen has an undergraduate degree from St. Andrews University and a graduate degree from Yale University. He also received a degree from the North Carolina School of Banking, and is enrolled at the Stonier Graduate School of Banking.
BNC Bancorp named to Fortune Magazine List of 100 Fastest Growing Companies
September 19, 2016
BNC Bancorp, BNC Bank's holding company, has been named to Fortune’s Top 100 List of Fastest Growing Companies. Ranked at 71st, this marks BNC Bancorp’s first appearance on the list.
“We are honored and excited to be on such a high profile list,” said Richard Callicutt II, President and CEO of BNC Bancorp. “We couldn’t have accomplished the growth and financial performance necessary to receive this honor if not for the outstanding leadership of our Board, the dedication of our exceptional staff, and the dynamic markets in which we operate across the Carolinas and Southern Virginia.”
This is the 30th year that Fortune Magazine has created their list of the 100 Fastest Growing Companies. The ranking is determined based on revenue growth, EPS growth and the three year annualized total return for shareholders.
“This honor is especially rewarding because the three criteria of revenue growth, EPS growth and total return for our shareholders are three of the key pillars of our strategic vision and corporate culture,” said Callicutt.
With the recent purchase of Southcoast Financial, BNC Bank has amassed total assets of about $6.5 billion.