News

June 2022 Newsletter

by  /  News

Trust Planning

  • Who will be your trustee
  • Trustee checkpoints

Investing

  • The importance of dividends

Tax Currents

  • IRS Report Card
  • Leaker at large
  • Student loans and tax refunds

 

read more

May 2022 Newsletter

by  /  News

Retirement planning

    • Protect your 401(k) money throughout your retirement
    • Estate planning for IRAs
    • The “NUA” alternative

Trust planning

    • Reports to trust beneficiaries
  •  
read more

Ty Hoeksema Joins Trust Company of North Carolina

by  /  News

Tyler Hoehsema - associate pictureFUQUAY-VARINA, North Carolina (May 10, 2022) – Fidelity Bank is pleased to announce Ty Hoeksema has joined Trust Company of North Carolina as an Assistant Vice President and Investment Analyst. In his new position, Mr. Hoeksema is responsible for assisting Trust operations, performing daily investment duties, and servicing requests for assigned accounts. His office is located at the Fidelity Bank branch in Cary on 100 West Chatham Street.

Ty has over four years of previous financial experience. Prior to joining Trust Company of North Carolina, he worked for Merrill Lynch in the Wealth Management division.

Mr. Hoeksema graduated from Wheaton College, with a Bachelor of Arts, in Business Economics.

“I am excited to join Fidelity Bank and the Trust Company of North Carolina as I am joining a company with a great reputation where I can grow while serving this community,” said Hoeksema.

Fidelity Bank is a full-service financial institution with assets of approximately $3.7 billion headquartered in Fuquay-Varina, North Carolina. The Bank owns and operates 56 branches throughout North Carolina, South Carolina, and Virginia.

read more

James Wilson Joins Trust Company of North Carolina, Cary, North Carolina

by  /  News

James Wilson - employee photoFUQUAY-VARINA, North Carolina (April 19, 2022) – Fidelity Bank is pleased to announce James Wilson has joined its Trust Company of North Carolina team as Wealth Administration Specialist. In his new position, Mr. Wilson is responsible for daily customer service administrative duties and providing customer support for account administration. His office is located at the Trust Company of North Carolina headquarters in Cary, North Carolina on 100 West Chatham Street.

James has four years of experience in financial planning. Prior to joining Fidelity Bank, he worked for Wells Fargo as a Fiduciary Administrator of IRAs. Mr. Wilson graduated from Campbell University with a Bachelor of Business Administration degree in Trust and Wealth Management and a minor in Financial Planning. He currently resides in Lillington.

Fidelity Bank is a full-service financial institution with assets of approximately $3.7 billion headquartered in Fuquay-Varina, North Carolina. The Bank owns and operates 56 branches throughout North Carolina, South Carolina, and Virginia.

read more

April 2022 Newsletter

by  /  News

Trust planning

    • Is a team approach better than having one trustee?
    • Auditioning for parts in wealth management
    • Trusts, taxes, and distributions

Philanthropy

    • Charitable giving overview
read more

Quarterly Market Insights for 1st Quarter 2022

by  /  News

In this issue:

Market Brief: Page 2
Economy: Page 4
Equity: Page 5
Fixed Income: Page 6
Alternatives: Page 7

read more

Samanthia Smith Joins Trust Company of North Carolina, Southern Pines, North Carolina

by  /  News

Samantha SmithFUQUAY-VARINA, North Carolina (October 18, 2021) – Fidelity Bank is pleased to announce Samanthia Smith has joined Trust Company of North Carolina as a Senior Vice President and Wealth Management Development Officer. In her new position, Ms. Smith is responsible for developing customized and comprehensive financial plans for clients and their families, as well as managing existing relationships throughout the Bank’s footprint. Her office is located at the Fidelity Bank branch in Southern Pines on 985 Old US Highway 1.

Samanthia has twenty-five years of financial experience. Prior to joining Trust Company of North Carolina, she worked for BB&T as an Investment Counselor and Wealth Advisor. In addition to her financial background, Samanthia is active in the community. She is currently the Treasurer of AOS & Friends Care, a nonprofit dedicated to serving direct care needs and supporting programs and events for those affected by dementia.

Ms. Smith graduated from Campbell University, with a Bachelor of Arts in Mass Communications with a concentration in Public Relations.

“I am excited to join Fidelity Bank & Trust Company of North Carolina because it is a local bank that is invested in the communities that it serves. The bank has a hometown feel but offers all of the financial resources of the Big Banks,” said Smith.

Fidelity Bank is a full-service financial institution with assets of approximately $3.4 billion headquartered in Fuquay-Varina, North Carolina. The Bank owns and operates 58 branches throughout North Carolina, Virginia, and South Carolina.

read more

Jason York Joins Trust Company of North Carolina, Cary, North Carolina

by  /  News

Jason York - Trust of NCFUQUAY-VARINA, North Carolina (August 5, 2021) – Fidelity Bank is pleased to announce Jason York has joined Trust Company of North Carolina as a Senior Vice President and Wealth Management Development Officer. In his new position, Mr. York is responsible for developing customized and comprehensive financial plans for clients and their families, as well as, manage existing relationships throughout the Bank’s footprint. His office is located at the Trust Company of North Carolina headquarters in Cary on 100 West Chatham Street.

Jason has nineteen years of financial experience, with sixteen in the Triangle. Prior to joining Trust Company of North Carolina, he worked for BB&T as a Senior Vice President and Wealth Advisor. He also held commercial and business banking positions at BB&T. In addition to his financial background, Jason is active in the community. He is currently on the Salvation Army of Wake County Advisory Board. He also served on the Sacred Heart Cathedral Finance Council and Board of Directors for Friends of the NC Museum of Natural Sciences.

Mr. York graduated with honors from the University of North Carolina at Chapel Hill with a Bachelor of Arts in Economics. He also received his Master of Business Administration from William and Mary. Jason served in the U.S. Air Force as a Contracting Officer and was honorably discharged at the rank of Captain.  He currently resides in Cary with his wife, Marjorie, and has two children.

Fidelity Bank is a full-service financial institution with assets of approximately $3.2 billion headquartered in Fuquay-Varina, North Carolina. The Bank owns and operates 56 branches throughout North Carolina and Virginia; and was awarded a 5-star (superior) rating by BauerFinancial.

read more

Morgan McCullen Joins Trust Company of North Carolina

by  /  News

FUQUAY-VARINA, North Carolina (June 17, 2020) – Fidelity Bank is pleased to announce Morgan McCullen has joined its Trust Company of North Carolina team as Wealth Administration Specialist. In her new position, Mrs. McCullen is responsible for the daily customer service administrative duties and providing overall customer support for account administration. Her office is located at the Trust Company of North Carolina headquarters in Cary, North Carolina on 100 West Chatham Street.

Morgan has a year of experience in financial planning. Prior to joining Trust Company of North Carolina, she worked as a Trust Officer for Advocacy Trust.  Mrs. McCullen graduated Magna Cum Laude from Campbell University with a Bachelor of Business Administration degree in Trust and Wealth Management Pre-Law.  She currently resides in Dunn, North Carolina with her husband, Eli and serves as a volunteer for Ronald McDonald House Charities.

Fidelity Bank is a full-service financial institution with assets of approximately $2.1 billion headquartered in Fuquay-Varina, North Carolina. The Bank owns and operates 57 branches throughout North Carolina and Virginia; and was awarded a 5-star (superior) rating by BauerFinancial. For more information, please visit www.fidelitybanknc.com.

read more

Larry Allen Joins Trust Company of North Carolina, Cary, North Carolina

by  /  News

Larry AllenFUQUAY-VARINA, North Carolina (May 10, 2019) – Fidelity Bank is pleased to announce Larry Allen has joined its Trust Company of North Carolina team as Senior Vice President and Senior Investment Strategist. In his new position, Mr. Allen will manage the investment functions for Trust Company of North Carolina and serve as the individual portfolio manager for customer relationships. His office is located at the Trust Company of North Carolina headquarters in Cary on 100 West Chatham Street.

Larry has over 25 years of experience in the investment industry. Prior to joining Trust Company of North Carolina, he worked as a Senior Investment Advisor at PNC Wealth Management. Mr. Allen graduated from Campbell University with a Bachelor’s of Business Administration in Trust and Investment Management, a Master’s Degree in Finance, and holds a Certified Financial Planner (CFP) designation. He currently resides in Raleigh.

Trust Company of North Carolina, Fidelity Bank’s trust and wealth management division, was established in February 2015. They have five associates and serve the entire Fidelity Bank Footprint.

Fidelity Bank is a full-service financial institution with assets of approximately $1.9 billion headquartered in Fuquay-Varina, North Carolina. The Bank owns and operates 56 branches throughout North Carolina and Virginia; and was awarded a 5-star (superior) rating by BauerFinancial. For more information, please visit www.fidelitybanknc.com.

read more