Articles in regional publications that pertain to a wide range of North Carolina-related topics.
for Stock, Paul
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Jim Melvin, the former banker and former mayor of Greensboro, discusses a lawsuit from the late 1980s that brought about the demise of many of the country’s savings institutions. One institution that did not survive was 1st Home Federal of Greensboro. Melvin, and the lawsuit in question, maintain that it was the government’s breach of contract that forced management to split up and sell off the institution.
This article discusses how the North Carolina Bankers Association has adopted a variety of approaches to present their views to the General Assembly. Successful legislative representation has been attributed to the organization members who have political representation within the General Assembly, or who have established grassroots relationships with legislators through the Legislative Contact Committee.