Kimberly Moore-Wright
Chief Teammate Officer & Head of Enterprise Diversity at TruistFinancial Services
The numbers speak for themselves
Charlotte has the fastest growing employment rate in financial services among major metropolitan areas in the past five years. The region’s affordability, large workforce and workforce development partners make it attractive to employers and talent throughout the U.S. and the world.
2 lowest corporate tax
burdens in the southeast (NC & SC)
More than 3.5x
the national average of banking occupations
104,000
people employed in the sector
“Charlotte is flourishing and is bringing so much talent into the area.”
REGIONAL BENEFITS
The sector’s strength provides opportunities for companies specializing in cybersecurity, fintech, and insurtech to find the highly-talented workforce to grow their business.
104,000
employed in the sector
14,000+
employed in insurance
50,000+
employed in banking
29%
increase in workforce from 2018-2023
There are more than 25 higher education institutions in the region with specialized programs that support the financial services sector. In addition to degreed programs, many universities in our region have partnerships with major employers to customize programs based on their specific needs.
5,700
students graduate each year from higher education institutions with degrees in business and finance
60%
of UNC Charlotte Belk College of Business graduates work in the Charlotte Region
The Charlotte Region is not only home to some of the largest and most well-known financial institutions in the United States, but it is also home to operations of global financial institutions.
2nd largest U.S. bank by assets and deposits
7th largest U.S. bank by assets and deposits
Regional HQ
East Coast HQ expansion, 450 jobs
U.S. expansion, 350 jobs
Southeast expansion, 260 jobs
Download the Financial Services overview
COMPARE THE DATA
To see how the Charlotte Region stacks up against other major metro areas, use our comparison tool.