These banks all reported apartment loans on their most recent federal call report, and all have at least one branch in North Carolina. Banks are the most common source of multifamily financing — five units and up, stabilised or value-add — and most lend close to their branches, so a lender with offices near your building is usually a better first call than a bigger name without them. Expect a bank to want recourse and, usually, a banking relationship; the capital guide compares the alternatives.
Banks Based in North Carolina, Largest Multifamily Books First
24 of 24 qualifying banks are headquartered in North Carolina. These are the lenders whose whole business is this market.
| # | Institution | Multifamily book | Share of investor CRE | Branches in NC | Contact |
|---|---|---|---|---|---|
| 1 | Truist | $8.65bn | 26.0% | 277 | Contact available |
| 2 | Bank of America | $8.46bn | 15.3% | 109 | Contact available |
| 3 | First Citizens Bank | $2.97bn | 13.5% | 196 | Contact available |
| 4 | First Bank (Southern Pines, NC) | $619m | 14.1% | 102 | Contact available |
| 5 | First Carolina Bank | $433m | 24.1% | 5 | Contact available |
| 6 | HomeTrust Bank | $131m | 9.4% | 18 | Contact available |
| 7 | Southern Bank and Trust Company | $121m | 13.4% | 47 | Contact available |
| 8 | Providence Bank (Rocky Mount, NC) | $107m | 14.3% | 10 | Contact available |
| 9 | The Fidelity Bank | $85m | 7.2% | 54 | Contact available |
| 10 | North State Bank | $56m | 15.6% | 7 | Contact available |
| 11 | Peoples Bank (Newton, NC) | $46m | 9.9% | 16 | Contact available |
| 12 | Piedmont Federal Savings Bank | $34m | 14.6% | 10 | Contact available |
| 13 | Bank of Oak Ridge | $30m | 15.3% | 5 | Contact available |
| 14 | Mechanics & Farmers Bank | $29m | 39.9% | 8 | Contact available |
| 15 | Live Oak Bank | $26m | 0.8% | 1 | Contact available |
| 16 | LifeStore Bank | $22m | 27.2% | 4 | Contact available |
| 17 | Lumbee Guaranty Bank | $21m | 30.3% | 14 | Contact available |
| 18 | Roxboro Savings Bank, SSB | $14m | 39.8% | 2 | Contact available |
| 19 | Riverside Savings Bank, SSB | $13m | 58.3% | 2 | — |
| 20 | Morganton Savings Bank, S.S.B. | $6m | 42.2% | 1 | Contact available |
| 21 | Nantahala Bank & Trust Company | $6m | 11.4% | 3 | Contact available |
| 22 | American Bank of the Carolinas | $6m | 9.3% | 3 | Contact available |
| 23 | First Federal Savings Bank of Lincolnton | $3m | 11.2% | 4 | Contact available |
| 24 | Belmont Savings Bank, SSB | $1m | 6.8% | 1 | Contact available |
National Lenders With Branches in North Carolina
25 of 52 qualifying banks are headquartered elsewhere but have offices here. The multifamily figure is their national book, so read it alongside the branch count — a large book behind a handful of local offices is a different proposition from a bank with a branch network in the state.
| # | Institution | Multifamily book | Share of investor CRE | Branches in NC | Contact |
|---|---|---|---|---|---|
| 1 | JPMorgan Chase Bank, National Association | $107.32bn | 64.9% | 66 | Contact available |
| 2 | Flagstar Bank | $26.92bn | 82.2% | 1 | Contact available |
| 3 | Wells Fargo | $26.55bn | 25.6% | 219 | Contact available |
| 4 | PNC Real Estate | $14.98bn | 40.8% | 103 | Contact available |
| 5 | US Bank | $14.46bn | 34.7% | 7 | Contact available |
| 6 | TD Bank | $6.71bn | 28.5% | 16 | Contact available |
| 7 | Banc of California | $5.88bn | 56.6% | 1 | Contact available |
| 8 | Old National Bank | $5.86bn | 34.3% | 1 | Contact available |
| 9 | Huntington National Bank | $4.88bn | 19.9% | 7 | Contact available |
| 10 | Pinnacle Bank (Tennessee) | $4.86bn | 17.8% | 53 | Contact available |
| 11 | Fifth Third Bank | $4.14bn | 19.2% | 87 | Contact available |
| 12 | Regions Bank | $3.88bn | 35.6% | 6 | Contact available |
| 13 | First Horizon Bank | $3.72bn | 27.1% | 81 | Contact available |
| 14 | SouthState Bank | $2.72bn | 13.3% | 21 | Contact available |
| 15 | Bank OZK | $2.55bn | 14.7% | 28 | Contact available |
| 16 | United Bank (Fairfax, VA) | $2.44bn | 20.3% | 43 | Contact available |
| 17 | Atlantic Union Bank | $2.43bn | 21.0% | 16 | Contact available |
| 18 | Ameris Bank | $2.01bn | 22.5% | 1 | Contact available |
| 19 | ServisFirst Bank | $1.40bn | 21.0% | 3 | Contact available |
| 20 | First National Bank of Pennsylvania | $885m | 10.2% | 97 | Contact available |
| 21 | TowneBank | $865m | 13.4% | 24 | Contact available |
| 22 | Central Bank (Missouri) | $857m | 20.6% | 1 | Contact available |
| 23 | FirstBank | $768m | 15.5% | 1 | Contact available |
| 24 | United Community Bank | $714m | 11.8% | 37 | Contact available |
| 25 | Byline Bank | $456m | 25.9% | 1 | Contact available |
What this list is, and what it leaves out
A reported balance is not a credit box. Every bank here held apartment loans on 30 June 2026. That is evidence they lend on multifamily — better evidence than a marketing page, because it is what they actually hold — but it is not a commitment to lend on your deal, at your size, in your submarket.
More lenders exist than this page lists. 76 banks qualified in North Carolina. Credit unions, debt funds, agency lenders and life companies also finance apartments and none of them file this report, and plenty of banks lend on multifamily without publishing criteria anywhere. Running your deal through the search covers all of them, not just the banks on this page.
We hold a named lending contact for 73 of them.
Sources. FDIC Call Reports (30 June 2026) and the FDIC Summary of Deposits. A bank appears here if it reported a multifamily balance of $5m or more, or multifamily at 5% or more of its commercial real estate book, and has at least one branch in North Carolina. The dual test is deliberate: a flat dollar floor is a bank-size filter in disguise — a $25m floor passes 86.5% of banks over $10bn and 2.2% of banks under $300m — and would drop the community lenders most likely to look at a smaller apartment deal. Multifamily is the call report's own category for loans secured by five-or-more-unit residential property; it excludes one-to-four-unit rentals, which banks report separately. Multifamily book is institution-level and unprorated: no state split of the loan book is published, so a bank lending in several states shows its full multifamily book on every state page where it qualifies. That is why this page separates banks based in North Carolina from national lenders with branches here, rather than ranking them against each other on a national figure. Branch counts are offices in North Carolina from the Summary of Deposits. Contact availability refers to whether Lender Compass holds a named contact, not to anything the bank publishes.