Articles in regional publications that pertain to a wide range of North Carolina-related topics.
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for "Banks and banking"
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Record #:
30265
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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.
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Record #:
24189
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Out of state banks are buying their way into North Carolina through mergers and acquisitions. Many smaller banks choose to join large banks as a result of the poor economy and declining profits.
Source:
Business North Carolina
(NoCar HF 5001 B8x), Vol. 27 Issue 11, November 2007,
p36-46, il
Periodical Website
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Record #:
30483
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Morris Plan Banks played a significant role in North Carolina’s banking industry, as well as the United States economy throughout much of the twentieth-century. Although Morris Plan Bank disappeared via a merger in 2002, the bank’s founder, Arthur Morris, left a legacy in banking and consumer credit. This article profiles Morris and how he invested money to develop commercial banks and credit life insurance plans.
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Record #:
30485
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Community Bank Services (CBS) has been in business since 1980, looking for business partnerships that can help benefit North Carolina’s banks and economy. The partnership between CBS and Plexus Capital led to the development of a more efficient model for business operations and capital.
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Record #:
28457
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North Carolina’s laws enable banks to dodge millions in taxes. The Durham-based Institute for Southern Studies and Asheville-based Investigative Reporting Fund have suggested that the state’s bank tax laws need reformed. Campaign contributions, lobbyists, grassroots organizing, influential board members, and a system of rewards and punishments for incumbent legislators have allowed the banks to create a tax system that favors them. A look at the current system and how it could be changed is explored.
Source:
Independent Weekly
(NoCar Oversize AP 2 .I57 [volumes 13 - 23 on microfilm]), Vol. 12 Issue 51, December 1994,
p9
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Record #:
30380
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Ponzi schemes are the country’s most prevalent type of investor fraud. The essence of the Ponzi scheme is new investors pay off old investors at high rates of return, which then attracts new investors, and the cycle continues and grows until it collapses on itself or is discovered. This article discusses cases of Ponzi schemes in North Carolina and bank procedures for addressing fraud.
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Record #:
7442
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North Carolina's banks and credit unions are ranked by their 2004 revenues. Bank of America, Wachovia, BB&T, and First Citizens BancShares hold the top four positions respectively. The highest ranking credit union was the State Employees Credit Union, which ranked fifth.
Source:
Business North Carolina
(NoCar HF 5001 B8x), Vol. 25 Issue 11, Nov 2005,
p34-42, il
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Record #:
30365
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In 2011, the North Carolina General Assembly Session established the Joint Legislative Study Commission on the Modernization of North Carolina’s Banking Laws. The result of this process includes legislation proposing to make substantial changes to the North Carolina Banking Commission, and to derivative transactions by state-chartered banks.
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Record #:
30401
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There are significant forces of change occurring that will have great implications on the banking business in North Carolina and across the nation. This article discusses regulations of the financial industry, such as the Dodd-Frank Act, and the impacts on banking.
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Record #:
584
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As banks recover economically from the Savings & Loan crisis, so does their image.
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Record #:
30367
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In North Carolina, consumers choose a financial institution based on rates and fees, personal relationships, and location. The most commonly used financial services in the state are checking and savings accounts and many households have both. Maps of demographics, population density and bank locations show banking activity trends across North Carolina.
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Record #:
33112
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Robert R. Mauldin, chairman and chief executive officer of Peoples Bancorporation of Rocky Mount, credits customer loyalty as one of an institution’s most important assets. Peoples Bancorporation is North Carolina’s ninth largest bank holding company, and recently acquired a common stock of Citizens National Bank. Mauldin discusses his background and his experience working at Peoples Bancorporation.
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Record #:
24326
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Nations Government Securities Fund is being investigated at the federal level after many customers claimed they were deceived into switching savings into mutual funds that lost millions. This article investigates the blurred line between bank and brokerage.
Source:
Business North Carolina
(NoCar HF 5001 B8x), Vol. 16 Issue 11, November 1996,
p48-58
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Record #:
24203
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Ken Lewis is Bank of America's CEO and discusses his experience in the business.
Source:
Business North Carolina
(NoCar HF 5001 B8x), Vol. 26 Issue 11, November 2006,
p52-65, il
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Record #:
1943
Author(s):
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Robert Mauldin, Centura Bank's CEO, is changing his bank's image as a staid financial institution through such initiatives as eye-catching ad campaigns, full service stock-brokerage, and the placing of ATMs in Wal-Mart and Sam's Club stores.
Source:
Business North Carolina
(NoCar HF 5001 B8x), Vol. 14 Issue 10, Nov 1994,
p45-51, il
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