Recent Posts
United Bankshares first-quarter earnings
April 26. United Bankshares first quarter earnings of this year were $86.8 million, down from $98.3 million during the same period last year. The first quarter of 2024 included $1.8 million of non-interest expense for the Federal Deposit Insurance Corp.’s special assessment levied on banking organizations stemming from revised loss estimates to the deposit insurance […]
No. 7: JD Power ranked Energy United on customer satisfaction
April 24. EnergyUnited ranks seventh in Customer Satisfaction for residential electric service among cooperatives in the J.D. Power 2023 Electric Utility Residential Customer Satisfaction Study. Its overall satisfaction score was 779 on a 1,000-point scale. Energy United and Duke Energy serve the area west of the interstate. Customers who call EnergyUnited can speak to someone […]
LKN Economic Development expo for non-profits
April 9. Lake Norman Economic Development (LNED) will hold it inaugural non-profit expo, “Connecting Our Communities,” May 14 at the Redline Facilities located at Birkdale Point. The event aims to foster collaboration and engagement between local non-profits, businesses and community members. Event Details Date: May 14 Time: 11 am to 2 pm Location: 8935 Northpointe […]
NC jobless rate flat at 3.5%; national rate is 3.9%
March 22. The state’s seasonally adjusted February 2024 unemployment rate was 3.5 percent, unchanged from January’s revised rate. The national rate increased 0.2 of a percentage point to 3.9 percent. North Carolina’s unemployment rate increased 0.1 of a percentage point from a year ago. The number of people employed increased 3,135 over the month to […]
EnergyUnited lands award
March 21. Statesville-based EnergyUnited has landed an Energage 2024 Top Workplaces USA award. The Top Workplaces program has a 15-year history of surveying more than 20 million employees and recognizing the top organizations with more than150. Over 42,000 organizations were invited to participate; winners were chosen based on employee feedback. The electricity cooperative has four […]
Quest announces strategic acquisition of CenterPoint
March 1. Quest (www.questnow.net), a leading financial consulting, mergers and acquisitions firm based in Davidson, has announced a strategic merger with CenterPoint CFO, a boutique financial consulting firm specializing in outsourced CFO and Controller services. The combined entity will offer a comprehensive suite of financial services for the entire growth cycle.
Six Work co-working space opens in Cornelius
Feb. 20. There’s a new business in town: Six Work co-working office space offers professional work settings for solo workers and teams as large as 20 people. Six Work has 9,500 square feet of office space in Kenton Place with membership options for people ready to move out of either a home office or traditional […]
United Bank reports earnings
Jan. 26. United Bankshares, Inc. (NASDAQ: UBSI) today reported earnings for the fourth quarter of 2023 of $79.4 million, or $0.59 per diluted share. Fourth quarter of 2023 results produced annualized returns on average assets, average equity and average tangible equity, a non-GAAP measure, of 1.08%, 6.70% and 11.27%, respectively. United has branches in Denver […]
Davidson home sales
Dec. 12. These property transactions were recorded by the Mecklenburg County Register of Deeds. 10/25/2023 $683,000 HC Davidson Walk to Luis Castellanos Torres & Ana Castellanos, 506 Belews Rd. 10/26/2023 $668,000 HC Davidson Walk to The Carlson Living Trust, 747 Beaty St. 10/30/2023 $1,290,000 Ryan & Jennifer Ross to Andrew & Cheryl Yeh, 19523 Overleaf […]
Apple store opens Dec. 14
Dec. 5. The Birkdale Village Apple store will open at 10 am on Dec. 14 in the old Pier One space at the corner of Townley and Lindholm. It replaces the Apple store in Northlake Mall which closed without warning in early March 1 in the wake of three shooting over a short period of […]
