Charlotte Beats Atlanta to Land Major Finance Company Moving $2 Trillion a Day

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best city in americaCharlotte just beat Atlanta for 200 high-paying finance jobs from a company moving more than $2 trillion every business day.

The Clearing House will invest $11.5 million in a new Charlotte operations center. The jobs will pay an average of $162,322 per year.

“We’re excited to open a new office in Charlotte, one of the nation’s leading banking and financial services hubs,” said David Watson, President and Chief Executive Officer of The Clearing House in a press release. “With its deep talent pool and strong financial services community, Charlotte is an ideal location for The Clearing House to build on our longstanding presence in North Carolina and strengthen relationships with clients in the region while creating new opportunities to connect with financial institutions across the country. We look forward to becoming an even more active part of the area’s thriving banking and financial services industry.”

The company operates payment networks used by major banks across the country. Its systems handle wire transfers, ACH payments and instant transactions.

Its CHIPS network alone clears more than $2 trillion in daily payments, while its RTP network moves money instantly around the clock.

The Clearing House is owned by 25 of the nation’s largest financial institutions, making the expansion a natural fit for Charlotte’s banking sector.

New jobs will include roles in:

  • Finance
  • Payments
  • Risk and compliance
  • Legal
  • Client relations
  • Corporate operations

Hiring is expected from 2028 through 2032.

North Carolina approved incentives worth up to $2.43 million over 12 years. State officials estimate the project could add $1.3 billion to the state economy.