Rbc Bancorporation (Usa) · Raleigh, NC United States
Company Description
Phone: 919-839-4400
Fax: 919-839-4806
Toll Free: 800-236-8872
More Companies in: Raleigh, North Carolina
More Companies in These Related Industries: Commercial Banking, Bank Holding Companies
View Rbc Bancorporation (Usa) Locations On A US Map
This link will open in a new window
This link will open in a new window Thanks to RBC Bank, there's a bit of the Great White North in the South. Formerly RBC Centura Banks, the primary US banking subsidiary of Royal Bank of Canada has more than 430 locations in North Carolina (home to the lion's share of its branches), Florida, Georgia, South Carolina, Virginia, and Alabama. The bank provides traditional deposit and lending services, as well as credit cards, insurance, asset management, and private banking. IT also offers investment banking, leasing, employee benefits plans, and specialized banking for corporate and institutional clients. Its lending activities mainly consist of residential mortgages, business loans, land development loans, and commercial mortgages. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Rbc Bancorporation (Usa) Reports
No subscription, no problem.
Download presentation-ready reports for this company now.
Download presentation-ready reports for this company now.
From company profiles to the competitive landscape, Hoover’s offers immediate access to individual reports.
Key Rbc Bancorporation (Usa) Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $1,709.9 |
| Employees | 4,527 |
Rbc Bancorporation (Usa) Executives
42 executives listed for Rbc Bancorporation (Usa)'s Raleigh, NC location.
| Title | Name & Bio | Contact |
| Chairman and CEO | W. James Westlake | |
| Vice Chairman | John Holcomb | |
| President | Reginald Davis |
Competition
Competitive Landscape for Rbc Bancorporation (Usa)
Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.Top Rbc Bancorporation (Usa) Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!