Articles in regional publications that pertain to a wide range of North Carolina-related topics.
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Record #:
30474
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The interplay between interest deductions and the calculation of net operating losses presents a particular problem in some states. North Carolina banks operating in Maryland may not be getting the full benefit of the deduction for interest on federal obligations to which they are entitled. This article provides an example of how a state’s interpretation of its tax laws can adversely affect a North Carolina bank.
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Record #:
30481
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The United States Department of Justice launched Operation Choke Point in 2013 to investigate banks and payment processors for consumer fraud. North Carolina member banks, who have reported banking relationships with pawn shops, firearm dealers and cigar shop accounts, have been specifically scrutinized by the federal financial regulators.
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Record #:
30482
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A new documentary film entitled, Making Bank, covers North Carolina’s rich banking history and economies, and how the state became a leader in the financial services industry. The film features visionary government and business leaders, and examines the current state of the commercial banking industry.
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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 #:
31248
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The name Branch Banking and Trust Company rings well in the ears of many North Carolinians. The institution, established in 1872, had grown into one of the state's leading financial giants, spreading across eastern North Carolina from Wilson. Furthermore, it was one of the only banks that didn't go 'busted' in North Carolina when the Great Depression hit in the early 1930s.
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Record #:
32445
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Higher costs of processing checks and labor can force increases in bank service charges. To reduce these costs, banks are turning to electronic deposit of payroll checks offered by the Automatic Clearing House. North Carolina’s Automated Clearing House opened in the Charlotte office of The Federal Reserve Bank on July 6.
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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 #:
36252
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Rocky Mount’s journey on the road to economic prosperity involved joining the old with the new. Involved with the journey were businesses such as the CSX Carolina Connector Intermodal Rail Terminal and Rocky Mount Mills, predicted to produce substantial job growth.
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