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First Bancorp is an American bank holding company headquartered in Southern Pines, North Carolina, that operates as First Bank in North Carolina and South Carolina. As of 2023, First Bancorp has 118 branches and about $12 billion in assets. [1] First Bank was the sixth largest bank in North Carolina.
On Sept, 28, 2010, The South Financial Group shareholders approved the merger of the company with TD Bank Financial Group. As of October 1, 2010 Carolina First and Mercantile Bank now operate as trade names of TD Bank, N.A. Both Mercantile Bank and Carolina First will be renamed TD Bank in mid-2011 after planned system integrations.
Clover was acquired on December 28, 2012, by First Data Corporation, [2] which itself was acquired by Fiserv, the world's largest merchant acquirer, [3] on July 29, 2019. [4] Bank of America Merchant Services was the first to announce it would sell Clover to its merchant base in October 2013.
Fiserv, Inc. (/ f aɪ ˈ s ɜːr v / fy-SURV) is an American multinational company headquartered in Milwaukee, Wisconsin.Fiserv provides financial technology and services to clients across the financial services sector, including banks, thrifts, credit unions, securities broker dealers, mortgage, insurance, leasing and finance companies, and retailers.
In 1913, the Homestead Bank was founded in Columbia, South Carolina, and later became Commercial Bank and Trust Company of South Carolina. In 1964, the Holding brothers — Frank, Lewis and Robert, who were part owners of First Citizens Bank and Trust of North Carolina - acquired a controlling interest in Anderson Bank of Dillon, South Carolina, which had one location and sixteen employees.
As of December 31, 2018, the company had 168 branches in South Carolina, North Carolina, Georgia, Florida, Alabama and Virginia. [1] First National Bank began in Orangeburg, South Carolina in 1933. In 2002, the bank changed its name to South Carolina Bank and Trust and moved its headquarters to Columbia, South Carolina.
In 2010, the company acquired public-sector-payment company Point & Pay, as well as merchant services technology provider CDI Tech. [1] In January 2011, North announced the launch of Payanywhere, a mobile payment processing tool. The acquisition of payment services company Velocity occurred in 2013. [1]
In June 2022, First Merchants Bank was ranked by Forbes as one of America's Best Banks. [9] This is the 5th year in a row First Merchants has received this award. In March 2021, Forbes ranked First Merchants Bank as a top U.S. bank for the 4th consecutive year. [10] First Merchants Bank was ranked #2 on the “America's Best Bank list in ...
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related to: first bank merchant services clover county sc