Charlotte, NC--Major Financial Center

Charlotte, a financial powerhouse, is renowned for its vibrant banking sector.  With more than $2 trillion in assets, it is the second largest financial center in the nation, behind only New York.  By comparison, Atlanta has assets of only $183 billion and Miami $0.8 billion. Two of the nation’s largest banks, Bank of America and Wachovia, are headquartered here. In total, 20 banks with more than 229 local branches, as well as a Federal Reserve Branch, are located in Charlotte. Charlotte banks provide a wealth of services to commercial and individual customers and are leaders in the financial services industry. 

Businesses have many options in dealing with firms ranging from large bank holding companies offering diverse financial services with operations throughout the world to small, locally operated companies often specializing in one particular financial service. The nation’s top 15 banks operate in Charlotte; Bank of America and Wachovia, together, have combined deposits totaling nearly 1 trillion dollars and rank first and fourth nationally in total deposits.

The Bank of America Corporate Center (RIGHT) is an 871 foot, 60-story skyscraper in Uptown. When completed in 1992, it became, and remains the tallest building in North Carolina as well as the tallest one between Philadelphia and Atlanta.  It is the 24th tallest building in the U.S and the 63rd tallest building in the world. Designed by Argentine architect César Pelli and HKS Architects, it is the most widely known building in the Charlotte skyline.

 The Wachovia headquarters (LEFT), One Wachovia Center, is 588 feet tall, formerly the tallest building in Charlotte is also located in Uptown and was completed in 1988.   World headquarters of Wachovia Bank and Trust, formerly First Union Bank.  100 windows were damaged/destroyed on this building during Hurricane Hugo on September 22, 1989.  The building was originally announced as Two Wachovia Center, regarded as Charlotte's first postmodern high-rise.  142,000 cubic yards of dirt and rock were displaced and removed from the building's site during excavation in 1985.

  
About the author:

Debe Maxwell, ABR is a Charlotte Residential Real Estate Broker, Certified Neighborhood and Relocation Specialist who can assist you with the purchase and/or sale of real estate in Charlotte, NC or any place in the country by connecting you with a relocation professional in your destination of choice. Debe has created a team of professionals throughout the country to ensure that you enjoy a smooth transition to your new area. These professionals are experts in the field of relocation and can serve many purposes beyond a simple home search. The destination service is of no cost to you! Please visit www.debemaxwell.com/ for your relocation and/or your local needs.