The impact of Hurricane Helene on our region is unprecedented. We have created a resource list of ways to help. A Disaster Relief Fund for those affected in Western North Carolina and Upstate South Carolina has also been established. Donations can be made online or via these other options.

Resources

Financial 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.”

Kimberly Moore-Wright

Chief Teammate Officer & Head of Enterprise Diversity at Truist

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.