Live Oak Bank to Add 200 New Jobs in New Hanover County with a $25 Million Expansion in Wilmington – Governor Roy Cooper

by | Sep 7, 2022 | Jobs

Live Oak Bank, a digitally-focused bank, will create 204 new jobs in New Hanover County, Governor Roy Cooper announced today. The company will invest $25 million in Wilmington to expand its campus and workforce to support the financial needs of American small business owners.“The best recruiters for our state are North Carolina companies,” said Governor Cooper. “Live Oak Bank is expanding here because its leaders know how much our talented workforce and quality of life mean to their success and North Carolina’s.”
Headquartered in Wilmington, Live Oak Bank, a subsidiary of Live Oak Bancshares, Inc. [NASDAQ: LOB], is a cloud-based, FDIC-insured bank serving customers in all 50 states. As a leading SBA and USDA lender, Live Oak partners with business owners to build and expand their companies and offers banking products to grow their hard-earned money. The company’s expansion includes construction of a new office building to support additional lending and technology personnel for new products and services.
“Live Oak Bank is proud to call Wilmington home. With more than 900 employees working toward our mission to be America’s small business bank, we are grateful for the support of city, county and state officials for powerful capital investments that will help grow fintech jobs in our comm …

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