Governor Josh Stein joined state and local officials and Citi partners on Mar. 16 to celebrate the grand opening of Citi’s new office facility in Charlotte. The expansion by the global financial services company represents a $16.1 million investment in Mecklenburg County and is expected to create 510 new jobs, increasing Citi’s workforce in areas such as retail cards, finance, and marketing.
The announcement highlights the ongoing growth of North Carolina’s financial sector and its impact on the state’s economy. The Office of the Governor of North Carolina serves the entire state, according to the official website.
“Charlotte is the country’s second-largest financial center, and North Carolina’s strong banking industry helps power growth across our economy,” said Governor Josh Stein. “Citi’s investment in the Queen City is an investment in our people and will strengthen Charlotte’s position as a hub for financial innovation.”
Lieutenant Governor Rachel Hunt said, “Whether it’s our universities or our community colleges workforce programs across the state, we know that investing in people is the best way to stay competitive and keep attracting companies like Citi.” Commerce Secretary Lee Lilley added, “North Carolina has one of the most highly educated workforces in the country, produces more than 11,000 finance and business graduates each year, and employs 232,000 people across the fintech and banking industries. Citi’s expansion in Charlotte further strengthens our financial ecosystem and underscores the opportunities our state offers global companies.”
Edward Skyler, Citi’s Head of Enterprise Services & Public Affairs, said: “Today marks a significant milestone as we put a stake in the ground in Charlotte with the opening of our state-of-the-art office. This expansion deepens our commitment to Charlotte with its vibrant financial landscape, exceptional talent and business-friendly environment. We appreciate Governor Stein’s support which will help us to create more than 500 new jobs in addition to the several hundred Citi colleagues that have called this area home. We look forward to deepening our roots in this great American city.”
Charlotte remains one of America’s leading banking centers. Before this expansion, Citi employed about 350 people locally across several lines of business. The project is partially supported by a Job Development Investment Grant awarded to Citigroup Technology Inc., which over ten years is expected to grow North Carolina’s economy by more than $2.7 billion.
The Office of the Governor executes state laws as chief executive and leads policy through directing budgets and granting pardons according to its official website. Josh Stein has served as North Carolina’s 76th governor according to information from its official site.
Within recent months, North Carolina was named Top State for Business for a third time in four years as well as Top State for Workforce Development and Economic Development. In late 2025 alone, it added more jobs than any other state nationwide.
As commander-in-chief of the North Carolina National Guard with authority over executive appointments according to its official website, Governor Stein continues efforts that have resulted since last year in announcements totaling over 37,500 jobs created statewide alongside $26 billion invested through economic projects.
