Articles in regional publications that pertain to a wide range of North Carolina-related topics.
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69 results
for "Banks and banking"
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30272
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Banks across North Carolina are offering or contemplating the possibility of offering remote deposit capture services. This service allows a bank customer to scan checks and transmit those images to their bank for deposit. Legislation passed in 2003 specify how this process should be implemented.
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30274
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The Hispanic population in North Carolina has the fastest growth rate of any state in the country. Most of these individuals remain unbanked, electing to pursue a cash economy. This article discusses some of the obstacles to serving unbanked Hispanics, and some of the services First Bank has begun to offer.
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Record #:
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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Record #:
30343
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Social media may have started out as a social experiment, but now it has developed into a wide-spread marketing platform that is continuously pushing the boundaries of modern business. This article gives examples of banks in North Carolina that have incorporated social media and technology into their banking services, and discusses how social media can enhance relationships with customers.
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Record #:
30344
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John Medlin, former chairman of Wachovia Corp. in Winston-Salem, spoke at a conference held by the Office of the Comptroller of the Currency on December 12, 1997. In his keynote speech, Medlin discussed a number of issues regarding capital and banking management. As much as the banking landscape has changed in recent years due to new technology, products and services, the underlying principles of sound banking have remained constant.
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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 #:
30366
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Walter Dalton, the 2012 Democratic candidate for North Carolina Governor, is the current Lieutenant Governor of North Carolina. In an interview, Dalton discusses the state’s community banking system, public and private partnerships with the military, community colleges and technical institutes, and demand for clean energy. Dalton also discusses his vision for North Carolina’s economy and workforce.
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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 #:
30368
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The expansion of banking services is enabled by rapid advances in and the adoption of sophisticated information technology systems that provide consumer and business banking customers with countless transactional options. Many North Carolina financial institutions have converted to an Ethernet network, which has allowed for more efficient telecommunication and extended service hours.
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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 #:
30397
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Economists for the North Carolina Bankers Association discuss the potential impact of several factors on economic growth and future bank profitability. The housing market has improved, and stock markets are at five year highs and record levels. However, the state unemployment rate remains one of the highest in the nation, and bank profitability is likely to decline.
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Record #:
30399
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The Community Investment Corporation of the Carolinas (CICCAR) was formed in 1990 by the North Carolina Bankers Association as a regional lending consortium offering permanent debt financing to support the development of affordable multifamily housing. Some of the benefits associated with CICCAR membership include minimizing lending risk, enhanced lending opportunities, and financial return.
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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 #:
30402
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Forest Commercial Bank was one of the last de novo banks chartered in North Carolina. John Kimberly, president and CEO of Forest Commercial Bank in Asheville, explains how the bank was formed and how it has grown and prospered. Kimberly also discusses how the bank has been impacted by the Dodd-Frank Act and recent banking regulations.
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Record #:
30413
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The Community Investment Corporation of the Carolinas (CICCAR) is a regional lending consortium offering permanent debt financing to support the development of affordable multifamily housing. This article provides information about the origins and operation of the program, its impact upon affordable housing, and potential changes in the program.
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