A Georgia-based bank is increasing its presence in Charlotte, and executives said they are considering establishing a branch presence in the area.
United Community Bank announced this week the hiring of two bankers to build a commercial lending team in the city, expanding the small presence the bank already has here. The next step could be opening a United Community branch in Charlotte, executives said.
It’s the latest bank to announce plans to increase operations in Charlotte this year.
In March, JPMorgan Chase said it planned to open its first branches in Charlotte by the end of this year. Then in April, U.S. Bank said it planned to open 10 branches in Charlotte by the end of 2020. Both banks already have other business lines in Charlotte.