Articles in regional publications that pertain to a wide range of North Carolina-related topics.
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for "Banks and banking--North Carolina"
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Record #:
28746
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Durham’s Martin Eakes has been labeled a “disruptive” leader for his business practices. His Self-Help Federal Credit Union’s frequently lends to individuals and companies labeled risky by traditional banks. Self-Help has built a national reputation for working with low- and moderate-income borrows, investing in communities, and leading research and lobbying efforts to fight predatory lending. Eakes’ history, philosophy, and banking practices designed to help ignored communities are profiled.
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Record #:
30627
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Shares of Yadkin Financial decline after it was announced that the bank would be sold to FNB from Pittsburgh. Through the sale, Yadkin investors will own 35% of FNB.
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Record #:
30410
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Robert Pittinger is the Representative for North Carolina’s Ninth Congressional District, and serves on the House Committee on Financial Services. In an interview, Pittinger discusses how he got into politics and his top legislative priorities. He also discusses how recent regulations will impact banks and credit unions in North Carolina.
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30414
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The Dodd-Frank Wall Street Reform and Consumer Protection Act was the primary legislative response to the Great Recession and the meltdown of Wall Street that started in 2007. This article reviews the findings of a survey sent to the CEOs of North Carolina chartered banks. The results cover various topics regarding the type and degree of impact on banks.
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Record #:
30364
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Jonathan Felts of the American Banking Association discusses the political climate for North Carolina bankers, and the association’s current legislative and regulatory priorities. With the upcoming elections in November, Felts explains how grassroots are effective in government relations, and advises bankers on what they can do to help the industry and local economic development.
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Record #:
30374
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HomeTrust Bancshares, Inc., the holding company for HomeTrust Bank, announced the plan of conversion to a stock holding company form of organization. Community banks are consolidating to create the size, scale, and financial strength to be competitive in their markets. HomeTrust’s conversion should help Western North Carolina to increase jobs and economic growth.
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Record #:
30381
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This article addresses several core questions from North Carolina bankers, which include topics on the regulatory environment, the consolidation of community banks, and the future of deferred tax assets. Discussion also considers the recovery of North Carolina’s economy in association with the state’s new governor.
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Record #:
24140
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The Bank of Asheville was shut down as a result of various illegal acts on the part of the CEO. These include misuse of customer funds, fraud, and money laundering. The author discusses the lawsuit against the CEO and Bank of Asheville's downward spiral.
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Business North Carolina
(NoCar HF 5001 B8x), Vol. 31 Issue 6, June 2011,
p30-33, il
Periodical Website
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Record #:
24167
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Buddy Greenwood, CEO of Weststar Financial Services, Inc., runs Bank of Asheville and discussed the fear small bankers felt with the recession and the problems bigger banks, like Bank of America, faced.
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Record #:
29783
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As North Carolina is home to a wide variety of banks from large to community, the finance industry runs deep in the state. Although financial times and unstable economies threaten many, North Carolina banks are looking to plan for a brighter future.
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Record #:
29659
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The headquarters of major national banks are located across North Carolina. Given the state's historic support of financial services, key leadership, and the fuel for growth have led North Carolina to be the capital of banking.
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Record #:
29660
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Although North Carolina is the home of some of the nation's largest banking leaders, there is still room for community banks across the state. Community banks in small towns are still an important part of banking in North Carolina, making money and investments while catering to locals and local businesses.
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Record #:
30307
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Integrating banking, investments, and insurance together to provide the best customer experience possible is how AF Bank in West Jefferson, North Carolina is competing in the aggressive market. AF Bank has a rich history dating back to 1939, and today there are seven branches. The bank is also dedicated to volunteer work in the local community, and sponsors art and reading programs.
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Record #:
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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Record #:
30266
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Word-of-mouth advertising has been extremely important for Yadkin Valley Bank and has proven to be quite beneficial. The bank is utilizing new technology and products to maintain relationships and increase customer service. Another advantage to the bank is the growing wine industry in the Yadkin Valley, which is bringing in more customers and boosting the economy.
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