Yadkin Financial Corporation was a bank holding company and the parent of Yadkin Bank, a defunct regional bank with $7.3 billion in assets and 110 branches in North and South Carolina before the 2017 purchase by FNB Corporation of Pittsburgh. The bank was headquartered in Elkin, North Carolina. On July 4, 2014, Yadkin Financial and VantageSouth Bancshares Inc. completed a merger which resulted in the largest community bank based in North Carolina, and the fourth-largest bank headquartered in the state, with $4 billion in assets and $3.2 billion in deposits. The company was headquartered in Raleigh, North Carolina with banking operations based in Statesville, North Carolina.
The original bank was opened in 1968. However, in three years Yadkin Valley Bank grew significantly by the acquisition of two other regional banks (Main Street Bankshares, Inc. in June 2002, operating as "Piedmont Bank", and High Country Financial Corporation in January 2004, operating as "High Country Bank") and a mortgage broker (Sidus Financial LLC in October 2004), as well as opening new branch locations. Piedmont Bank and High Country Bank were reorganized as divisions of Yadkin Valley Bank but maintained their names and logos. Sidus remained as a wholly owned subsidiary.
Yadkin Valley Bank and its divisions operated 23 full-service branch locations and as of December 31, 2005, achieved a milestone in the bank's history by reaching the US$1 billion mark in total assets for the first time.
On July 1, 2006, the company reorganized into a holding company, becoming Yadkin Valley Financial Corporation.
Yadkin Valley Bank announced in June 2007 that it was buying Cardinal State Bank of Durham, North Carolina. The purchase is the bank's first entry into the Triangle market. The completion of the deal gave Yadkin Valley 28 branches in 11 North Carolina counties.
Yadkin Valley Bank acquired American Community Bank of Monroe, North Carolina in 2009.
As of May 28, 2013, all of the banks Yadkin Valley had acquired would have one name, Yadkin Bank. The holding company also changed names to Yadkin Financial Corporation. With $1.9 billion in assets and 36 branches, Yadkin Valley Bank would become Yadkin Bank and its NASDAQ symbol would change from YAVY to YDKN.