City Overview

Charlotte, North Carolina - Boomtown, Banking and NASCAR

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Boomtown might be the best way to describe Charlotte, North Carolina, a monetary powerhouse rising from the Carolina piedmont, a magnet for financial institutions, large corporations, sports, religion and people, people, people.

A city of more than 650,000, Charlotte anchors a metropolitan area of some 2.1 million people, and is home to two of the nation's largest financial institutions, Bankof America and Wachovia. It is also the hub of NASCAR, the stock car racing circuit, and will soon host the NASCAR Hall of Fame.

Charlotte has always been something of a booming, rowdy place, tracing its roots backto the mid-18th Century when Scots-Irish and Pennsylvania German settlers built a village at the intersection of two Native American trading paths. Incorporated in 1768, the town was named after Queen Charlotte, the German-born wife of English King George III. Today, it is still colloquially-referred to as "the Queen City," a nickname it shares with Cincinnati, Ohio.

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