Articles in regional publications that pertain to a wide range of North Carolina-related topics.
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for Carolina Banker Vol. 87 Issue 2, Summer 2008
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30308
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The Bostic Lincoln Center in Bostic, North Carolina is studying a collection of documents and stories that relate to President Abraham Lincoln, and the claim that he was born in Western North Carolina, not in Kentucky. In the late 1700s, Nancy Hanks (Lincoln’s mother) came to North Carolina from Virginia with her mother and sister. Several historians make the case that Nancy became pregnant with Lincoln while serving in the home of Abraham Enloe in Swain County.
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30309
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Small Business Investment Companies (SBIC) fulfill a critical role in economic development by providing long term debt and equity capital to small businesses. Plexus Capital is one of five active SBICs operating in North Carolina. This article explains the licensing process, regulatory supervision, and the advantages of investing in the SBIC debenture program.
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30310
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Nuestro Banco was created as the first Hispanic focused bank chartered in North Carolina to serve the specific needs of this population. Over the past seven years, de-novo banks have been created to serve the large and growing Hispanic population in the United States. For institutions looking to enter this market, it is important to understand the demographics and underlying drivers behind the growth of the Hispanic population.
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30311
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Hurricanes can cause catastrophic damage to coastlines and several hundred miles inland. North Carolina has a market to obtain coverage for windstorm and hail that provides coverage in conjunction with the property and flood coverage that the bank has in place for its properties. This article discusses several factors to consider when obtaining insurance for areas at risk.
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30312
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New Century Bank South recently merged with New Century Bank in Fayetteville, and CEO Bill Hedgepeth believes it will help the bank become more efficient and profitable. New Century has ten branches and continues to be competitive. In 2007 the bank was ranked second in North Carolina in the United States Small Business Administration’s Top Community Bank category.
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30313
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This article profiles North Carolina Senator Richard Burr, and his top priorities for health care, education, and natural resources. Burr also discusses the banking industry and the current credit crisis.
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