Articles in regional publications that pertain to a wide range of North Carolina-related topics.
for Bank of Granite (Granite Falls)
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The Bank of Granite grew from one office in Granite Falls in the foothills of Western North Carolina with five employees and $1 million in assets in the 1950s to one with nineteen offices with over 250 employees and $1 billion in assets by the early 2000s. It was solid as a rock, but it failed. Martin discusses reasons for its collapse.
John Forlines is chairman and CEO of Bank of Granite and at 83, still is not ready to step down and turn the company over to his 67-year-old successor. This article discusses his experiences in the business and his arguments for not stepping down.